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Global Caprolactam Market 2023 - Size, Share, Segments, Data, Research, And Forecast
Caprolactam Market
As per the caprolactam market report by The Business Research Company, the growth of the automotive industry is expected to propel the growth of the caprolactam market.
The global caprolactam market size grew from $14.72 billion in 2022 to $15.71 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The caprolactam market size is expected to grow to $19.3 billion in 2027 at a CAGR of 5.3%.
Read More On The Caprolactam Market Report Here:
https://www.thebusinessresearchcompany.com/report/caprolactam-global-market-report
Major competitors in the caprolactam market include AdvanSix Inc., Alpek S.A.B. de C.V., The Aquafil Group, Toray Industries Inc., Capro Corp., China Petrochemical Development Corporation, Domo Chemicals GmbH, Grupa Azoty Zaklady Chemiczne, Gujarat State Fertilizers & Chemicals Limited, Guangdong Highsun Grou, Zhejiang Hengyi Group Co. Ltd., KuibyshevAzot PJSC, Lanxess AG, Luxi Chemical Group Co. Ltd., China Petroleum & Chemical Corporation, Spolana s.r.o, Sumitomo Chemical Co. Ltd., Shandong Haili Chemical Industry Co. Ltd., Ube Industries Ltd., Honeywell International Inc., and Royal DSM N.V.
The caprolactam market is segmented -
• By Raw Material: Phenol, Cyclohexane, Hydroxylamine Sulfate, Other Raw Materials
• By Application: Nylon 6 Filaments, Textile Yarn, Nylon 6 Fibers, Engineering Plastics, Printer Inks, Other Applications
• By End-User: Textile Industry, Automobile Industry, Electrical And Electronics Industry, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the caprolactam market in 2022.
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Caprolactam is a mildly unpleasant-smelling, clear to milky white organic compound. Caprolactam is a crystalline cyclic amide derivative of caproic acid with a melting point of 70 °C that possesses various properties such as tensile strength, superior elasticity, chemical and oil resistance, and low moisture absorbency. Caprolactam is used for nylon 6 production.
The Table Of Content For The Caprolactam Market Include:
1. Executive Summary
2. Caprolactam Market Characteristics
3. Caprolactam Market Trends And Strategies
4. Caprolactam Market - Macro Economic Scenario
5. Caprolactam Market Size And Growth
6. Caprolactam Market Segmentation
……
26. Africa Caprolactam Market
27. Caprolactam Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Caprolactam Market
29. Caprolactam Market Future Outlook And Potential Analysis
30. Appendix
The "Global Caprolactam Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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