The report gives a clear picture of current Caprolactam Market scenario and the predicted future of the industry. The report focuses on the basis of market drivers, restraints, growth, trends, and forecast for the period of 2018-2025. In addition, the report also maps the market performance by value chain analysis which will help in better product differentiation along with the analysis of each segment in terms of opportunity, market attractiveness index and growth rate.
Caprolactam is a water soluble, white compound that is used in the production of nylon. It is used to produce nylon 6 fibres and nylon 6 resins. Nylon 6 resins are used in the production of engineering plastics as they have properties such as stiffness and strength. They are increasingly replacing metal in automotive applications. Nylon 6 textile fibres are used to dye fabrics as they provide stretchability, strength and lightweight. They are used in making apparel, swimwear, sportswear, casual and fashion wear and hosiery.
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The high demand across the industries, such as packaging, consumer goods & appliances, electrical & electronics and automotive will increase the overall consumption of caprolactam. Research and Development is an important part of this market. The manufacturing companies and end-product manufacturers have invested for future advancements and technology advancements of caprolactam. This will help to replace metals in engineering plastics and match the new demands coming from various end-user industries. Technological innovations are designed so as to improve manufacturing process of the product in order to minimize release of ammonium sulfate as a by-product. The major constraints challenging market growth are limited availability of raw materials, volatile raw material prices and stringent environmental regulations governing the production of the caprolactam.
The global caprolactam market is segmented by material types, applications and end-user. Material types include engineering plastics and fibers. Applications segment cover nylon 6 fibers and nylon 6 resins. End-use segment comprise textile yarn, industrial yarn, engineering plastics and carpet fibers & staple fibers.
Major player assessed in the report are:
- BASF SE
- Honeywell International
- Lanxess
- Royal DSM N.V.
- Sinopec
- Sumitomo Chemicals
- UBE Industries
- Others
Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
Table Of Contents – Overview
1.Introduction
2.Executive Summary
3.Market Analysis
4.Caprolactam Market Analysis By Material Type
5.Caprolactam Market Analysis By Application
6.Caprolactam Market Analysis By Region
7.Competitive Landscape Of Caprolactam Companies
8.Company Profiles Of Caprolactam Industry
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