Press release
Caprolactam Market 2018-2026 Ongoing Trend | Growing at Remarkable CAGR of 6.8% with Sumitomo Chemical, Royal DSM N.V., LANXESS AG, Basf Se, China Petrochemical Development Corporation
Industry HighlightsGlobal Caprolactam Market is accounted for $11.16 billion in 2017 and expected to grow at a CAGR of 6.8% to reach $20.34 billion by 2026. Some of the factors such as rising demand from various end user industries, improving standard of processing and manufacturing of end-products, increasing demand from the engineering resin & films application are boosting the market growth. Huge demand for recycling of caprolactam provides ample opportunity for the market growth. However, volatility of raw material prices and strict regulations imposed by government are expected to restrain the market growth.
Asia-Pacific region has acquired significant growth in the Caprolactam market due to the strong need from engineering plastics and textiles industries, growing population, increased urbanization and growing export of automobiles in this region.
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Market Top Player’s
Some of the key players in Global Caprolactam market are Sumitomo Chemical Co., Ltd., Royal DSM N.V., LANXESS AG, Basf Se, Honeywell International Inc., China Petrochemical Development Corporation, China Petroleum & Chemical Corporation (Sinopec Limited),Shandong Haili Chemical Industry Co. Ltd., Kuibyshevazot Ojsc and UBE Industries.
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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Market Segments
By Product, nylon-6 is the monomer of Caprolactam. Nylon 6 is the first synthetic fibre introduced in India. It is produced by extruding molten polymer through spinnerets and stretching the fibers to their final thickness and weight. The manufacturing routes of Nylon -6 are by hydrolysis, poly addition, and polycondensation. Some of the characteristics are flexible, abrasion resistant, lustrous, easy to wash, resistant to damage from oil and many chemicals, low in moisture absorbency and strong. Nylon 6 is employed in numerous applications including the production of industrial yarns, floor coverings, engineering plastics, and films.
Products Covered:
• Polymer Chip
• Nylon 6 resins and film
• Nylon 6 Fibers
• Other Products
Types Covered:
• Liquid
• Solid
• Other types
Sources Covered:
• Cyclohexane/Benzene
• Phenol and Toluene
• Ammonia
• Other Sources
Applications Covered:
• Engineering Plastics
• Fiber
• Other applications
Regions Covered:
• North America
• US
• Canada
• Mexico
• Europe
• Germany
• UK
• Italy
• France
• Spain
• Rest of Europe
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About Us
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.
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