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Caprolactam Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends

03-07-2025 07:50 AM CET | Chemicals & Materials

Press release from: The Business Research Company

Caprolactam

Caprolactam

What combination of drivers is leading to accelerated growth in the caprolactam market?
The expansion of the automotive sector is anticipated to stimulate the caprolactam market's growth in the future. This industry consists of firms that are engaged with the creation, fabrication, and commercialization of motor vehicles and their associated parts. The trend towards more fuel-efficient and ecological vehicles has led to an increased usage of nylon 6 to decrease both the weight of vehicles and the amount of fuel they consume. For example, the IBEF, an export promotion agency run by the Indian government, predicts that vehicle production in India will hit 22.93 million units in 2022. As a result, the flourishing automotive sector is fuelling the growth of the caprolactam market.

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What is the projected compound annual growth rate (CAGR) of the caprolactam market from 2025 to 2034, and what factors influence it?
In recent times, the caprolactam market has been experiencing robust growth. The market size is predicted to increase from $16.5 billion in 2024 to $17.5 billion in 2025, with a compound annual growth rate (CAGR) of 6.1%. Factors contributing to this growth during the historic period include the expansion of the textile industry, growth in consumer goods production, innovative uses for nylon, the rise in demand for synthetic fibers, increased requirement from the automotive sector, and the enlargement of manufacturing facilities.

Expectations are high for the caprolactam market to experience a significant surge in size in the coming years. By 2029, projections indicate that the market will reach $23.51 billion, growing at a compound annual growth rate (CAGR) of 7.7%. This growth within the forecast period is associated with the rising demand for nylon 6, an expanding presence in emerging markets, an increased need for engineering plastics, extensive use in e-commerce packaging, and stringent emission standards. Notable upcoming trends during the forecast period encompass sustainable production techniques, bio-based caprolactam, e-commerce packaging enhancements, technological advancements in manufacturing, and trends in automotive weight reduction.

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How are the latest trends influencing the growth of the caprolactam market?
Key players in the caprolactam market are taking strategic steps to launch novel products to consolidate their market positions. An exemplar is DOMO Chemicals, a German entity known for producing engineered material solutions and fully-integrated PA6, which boasted a successful delivery of 5 million metric tons of caprolactam at its Leuna site in March 2022. The production plant's capacity now stands at 176,000 metric tons annually, underpinned by efficiency advancements that have reduced medium-pressure steam energy consumption by 30% and low-pressure steam by 40%. DOMO's commitment to environmental sustainability is demonstrated by its DOMO Beyond initiatives, which aim for a 15% reduction in carbon intensity and a 7% decrease in waste by the year 2030.

What are the major segments of the caprolactam market and their role in driving growth?
The caprolactam market covered in this report is segmented -

1) By Raw Material: Phenol, Cyclohexane, Hydroxylamine Sulfate, Other Raw Materials
2) By Application: Nylon 6 Filaments, Textile Yarn, Nylon 6 Fibers, Engineering Plastics, Printer Inks, Other Applications
3) By End-User: Textile Industry, Automobile Industry, Electrical And Electronics Industry, Other End-Users

Subsegments:
1) By Phenol: Phenol Derivatives, Phenol-Based Intermediates
2) By Cyclohexane: Purified Cyclohexane, Cyclohexane Mixtures
3) By Hydroxylamine Sulfate: Hydroxylamine Hydrochloride, Hydroxylamine Sulfonic Acid
4) By Other Raw Materials: Aniline, Acetic Acid, Formaldehyde

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Which regions are key players in the growth of the caprolactam market?
Asia-Pacific was the largest region in the caprolactam market in 2024. North America was the second-largest region in the caprolactam market share. The regions covered in the caprolactam market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the key firms paving the way for growth in the caprolactam market?
Major companies operating in the caprolactam market include China Petrochemical Corporation, BASF SE, Mitsubishi Chemical Corporation, Honeywell International Inc., Rhodia S.A., Asahi Kasei Corporation, Hengyi Industries Co. Ltd., Toray Industries Inc., LANXESS Corporation, Alpek S.A.B. de C.V., Grupa Azoty S.A., Luxi Chemical Group, Petroquímica Unigel S.A. de C.V., Highsun Holding Group, Ube Industries Ltd., Shenma Group Co. Ltd., AdvanSix Inc., Shandong Xinlong Group Co. Ltd., Nanning Chemical Industry Group Co. Ltd., Shandong Linyi Jinyu Chemical Co. Ltd., Capro Corp., Spolana s.r.o., DOMO Caproleuna, Jiangsu Yisheng Chemical Co. Ltd.

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What Is Covered In The Caprolactam Global Market Report?

• Market Size Forecast: Examine the caprolactam market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the caprolactam market for a structured understanding.
• Key Players Overview: Analyze major players in the caprolactam market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the caprolactam market.
• Segment Contributions: Evaluate how different segments drive overall growth in the caprolactam market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the caprolactam market.
• Industry Challenges: Identify potential risks and obstacles affecting the caprolactam market.
• Competitive Landscape: Review strategic developments in the caprolactam market, including expansions, agreements, and new product launches.

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With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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