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.
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.
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.
Asia Pacific is the largest consumer of caprolactam followed by North America and Europe. Asia Pacific is expected to grow significantly during the forecast period due to presence of developing nations which are major consumers of electronics, automobiles and consumer goods. The major players covered in the global caprolactam market are BASF SE, Sinopec, Royal DSM N.V., Sumitomo Chemicals, Honeywell International, UBE Industries, Sinopec and Lanxess.
Decision Databases is involved in providing research reports and company profiles in the global caprolactam market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The caprolactam market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our caprolactam profiles.
SEGMENTATIONS IN REPORT:
Caprolactam By Material Type:
1. INTRODUCTION TO THE CAPROLACTAM MARKET
2. EXECUTIVE SUMMARY
3. MARKET ANALYSIS OF CAPROLACTAM
4. CAPROLACTAM MARKET ANALYSIS BY MATERIAL TYPES
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