Directory Image
This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Privacy Policy.

Caprolactam Market Demand and Upcoming Trend by Geography and Forecast to 2023

Author: Market Research
by Market Research
Posted: Jan 20, 2019
caprolactam market

The global caprolactam market is expected to grow at USD 14.9 billion by 2019 growing with the CAGR of 8.1% from 2016 to 2022. Caprolactam is highly used in various end-use specifically, textile yarns, textile stiffeners, film coatings, synthetic leather, plastics, plasticizers and others. Caprolactam are the feedstock for nylon 6 on the contrary, increasing demand for nylon 6 in automobile, consumer goods, electronic and electrical applications.

Key players of the global high caprolactam market are BASF SE, Honeywell International Inc, Kuibyshevazot Ojsc, China Petroleum & Chemical Corporation (Sinopec Limited), Lanxess Ag, Royal DSM N.V., Shandong Haili Chemical Industry Co. Ltd., Sumitomo Chemical Company Limited, UBE Industries, China Petrochemical Development Corporation (CPDC), and others.

Get the Sample Report of this market insight: @ https://www.marketresearchfuture.com/sample_request/2255

The Global Caprolactam Market is segmented into the source, end-user, and region. Based on the source, the market is segregated into phenol, toluene and cyclohexane. The market by end-use is classified into textile yarns, textile stiffeners, film coatings, synthetic leather, plastics, plasticizers and others. Based on region market is segmented into Asia, Europe, North-America.

Geographically, maximum consumer of Caprolactam Market is in Asia-Pacific followed by Europe and all of them contributes greatly in the growth of the market. North-America are facing sluggish market growth rate. Growth of caprolactam market is Asia Pacific is maximum due to the growing use of caprolactam for various applications along with macroeconomic growth of textile and automotive industry in the region.

Caprolactam finds extensive application during the production of nylon 6 fibers and nylon 6 resins, has accounted for over 97% of the total caprolactam produced across the globe. Besides having excellent strength and elasticity, Nylon 6 offers chemical resistance, damage resistance from oils and abrasion resistance. The benefits have increased the utilization of nylon 6 in a wide range of applications across the textile, automotive, and electrical and electronics industries.

BASF SE, China Petroleum & Chemical Corporation, China Petrochemical Development Corporation, Honeywell International Inc., KuibyshevAzot OJSC and DSM dominated the global caprolactam market share in 2016.

Browse the market data and information spread across 125 pages with 34 data tables and 11 figures of the report "Global Caprolactam Market Research Report- Forecast to 2022" in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/caprolactam-market-2255

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Technologies and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Market Research Future

Phone: +16468459312

Email: sales@marketresearchfuture.com

About the Author

At Market Research Future (Mrfr), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (Crr), Half-Cooked Research Reports (Hcrr), & Consulting Services.

Rate this Article
Leave a Comment
Author Thumbnail
Please or Join to add a comment.
Author: Market Research

Market Research

Flag of India
India

Member since: Oct 01, 2018
Total live articles: 89

Related Articles