Caprolactam Market (2024-2031): Industry Insights, SWOT Analysis, Market Size, Share, and Key Growth Factors | Shandong Haili Chemical Industry Co. Ltd Spolana Sumitomo Chemical Co. Ltd. Sumitomo Chemical Co. Ltd

Caprolactam market is anticipated to grow at a considerable CAGR of 5.8% during the forecast period (2024-2031). Caprolactum is a type of an organic compound which is used in the manufacturing of nylon 6 fibre and resins. As a result of its superior elasticity, tensile strength, chemical and oil resistance and low moisture absorbency nylon 6 resin and nylon 6 fibres have augmented their demand in the textile and automotive industry.

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There has been a growing demand for high-quality textiles that are used in the manufacturing of clothing, sports wears, and carpets, among other things in the textile industry. The domestic apparel & textile industry in India contributes approx. 2.3 % to the country's GDP, 13.0% to industrial production and 12.0% to exports. India has a 4.0% share of the global trade in textiles and apparel. Additionally, in India, 100 percent foreign direct investment (FDI) is allowed in textiles, which is expected to propel regional market growth over the forecast period. Caprolactam is used extensively in the textile industry due to its high tensile strength and superior abrasion and chemical resistance. Thus, the growing textile industry is anticipated to drive the growth of the global market.

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• Market Coverage
• Market number available for - 2024-2031
• Base year- 2024
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Caprolactam Market by Raw Materials
o Phenol
o Cyclohexane
o Toluene

Global Caprolactam Market by Product
o Nylon 6 Resins
o Nylon 6 Fibers

Global Caprolactam Market by Application
o Engineering Resins and Films
o Industrial Yarns
o Textiles and Carpets
o Other Applications

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World
o Latin America
o Middle East & Africa

Company Profiles
o AdvanSix Inc.
o Alpek S.A.B. de CV
o Capro Co.
o China Petroleum & Chemical Corp (Sinopec)
o Domo Chemicals
o Fertilisers And Chemicals Travancore Ltd (FACT)
o Fujian Jinjiang Petrochemical
o GrupaAzot
o Gujarat State Fertilizers & Chemicals Ltd
o Highsun Group
o Juhua Group Corp.
o Lanxess
o Luxi Chemical Group Co. Ltd.
o PJSC Kuibyshevazot
o Shandong Haili Chemical Industry Co. Ltd
o Spolana Sumitomo Chemical Co. Ltd.
o Sumitomo Chemical Co. Ltd
o The Aquafil Group
o Toray Industries Inc.
o Xuyang Group
o Zhejiang Hengyi Group Co. Ltd

The Report Covers
• Market value data analysis of 2023 and forecast to 2031.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global caprolactam market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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