Press release
Caprolactam (CAS 105-60-2) Market Size, Share, Development by 2023
Caprolactam, a white solid or a colourless liquid, is a lactam or a cyclic amide of caproic acid. Caprolactam is the precursor to Nylon 6, a widely used synthetic polymer.
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Global Caprolactam (CAS 105-60-2) Market: Forecast by Type / Application / Region
Caprolactam, a white solid or colourless liquid, is mainly used to produce nylon 6 fiber. Also, it can be used in the production of nylon 6 resin as well as other products.
Due to various factors, such as fierce competition from Chinese manufacturer, some international companies, like BASF, Sumitomo Chemical, have cut their capacity gradually in the past few years to fit the market. China has become the largest production base of caprolactam for the time being with fast expansion. In 2016, China’ caprolactam production reached to 2335.6 K MT, holding about 45.89% market share globally.
As for consumption, China, Europe, North America are the major consumers. The three regions consumed about 2541.4 K MT, 1497.0 K MT and 551.1K MT respectively, with a total consumption share of 83.24% in 2016.
Over the next five years, LPI(LP Information) projects that Caprolactam (CAS 105-60-2) will register a 6.5% CAGR in terms of revenue, reach US$ 12200 million by 2023, from US$ 8900 million in 2017.
Global Caprolactam (CAS 105-60-2) Market: Key Players
Fibrant
BASF
Sinopec
UBE
CPDC
AdvanSix
Capro
Lanxess
Hengyi
DOMO Chemicals
Shandong Haili Chemical
Hongye Group
Sumitomo Chemical
KuibyshevAzot
Fujian Tianchen
Luxi Chemical
Grodno Khimvolokno
Grupa Azoty
GSFC
Alpek
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Related Information:
United States Caprolactam (CAS 105-60-2) Market Research Report 2018
Europe Caprolactam (CAS 105-60-2) Market Research Report 2018
North America Caprolactam (CAS 105-60-2) Market Research Report 2018
Asia-Pacific Caprolactam (CAS 105-60-2) Market Research Report 2018
China Caprolactam (CAS 105-60-2) Market Research Report 2018
EMEA Caprolactam (CAS 105-60-2) Market Research Report 2018
Global Caprolactam (CAS 105-60-2) Market Research Report 2018
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