Global Caprolactam Market: Industry Analysis and Forecast (2021-2027) by End Product, Raw Material and Application.

Global Caprolactam Market size was valued at US$ 1610.78 Mn. in 2020 and the total revenue is expected to grow at 7.4 % CAGR through 2021 to 2027, reaching nearly US$ 2655.01 Mn.

Global Caprolactam Market Overview:

Caprolactam is an organic chemical that is used to manufacture synthetic fibres. A lactam (a cyclic amide) of caproic acid is this white solid. Nylon 6, a commonly used synthetic polymer, is made from caprolactam. 80 % of manufactured caprolactam is utilised in the production of nylon 6, which is then used in the production of industrial fibres, textile fibres, and carpets. Caprolactam manufacturing in Japan was estimated to be around 184.05 thousand tonnes in 2020. This was a reduction from the previous year's production level of roughly 375.66 thousand tonnes. Global Caprolactam Market To know about the Research Methodology :- Request Free Sample Report 2020 is considered as a base year to forecast the Market from 2021 to 2027. 2020’s Market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years trends are considered while forecasting the Market through 2027. 2020 is a year of exception and analyzed specially with the impact of lockdown by region.

Global Caprolactam Market Dynamics:

Strength-weight matrices are crucial in new-generation automobiles. Lightweight and sturdy structures composed of various modern materials are the foundation of new generation automobiles. These cutting-edge materials are used in a variety of automotive components. To minimize the overall weight of the vehicle, new materials and plastics are used instead of metal. Polyamide 6 is one of the most commonly used polymers for weight reduction in automobiles today. The weight reduction is done to minimize the vehicle's fuel usage, resulting in lower CO2 emissions. The polyamide components are lighter and stronger than the metal components. Occupational exposure limits for hazardous chemicals, safety rules for classification, precautionary labelling and precautionary statements of chemicals, regulations on the safe management of hazardous chemicals, and restrictions and prohibitions on the import and export of certain chemicals are just a few of the regulations governing chemical use in China. At the moment, the Chinese caprolactam market is exclusively domestic; the products are marketed locally because exporting their products is difficult due to hefty tariffs.

Global Caprolactam Market Segment Analysis:

Based on end product, Caprolactam market is segmented into Nylon 6 Resins and Nylon 6 Fibers. The nylon 6 fibres segment dominates the market and it is predicted to increase at a rapid pace during the forecast period, owing to rising demand from the global textile and carpet industries. In the future, a greater focus on recycling caprolactam is likely to present an opportunity. Asia-Pacific led the global market, with China and South Korea accounting for the majority of consumption. Nylon 6 fibre production is one of caprolactam's most important applications, accounting for roughly 56% of the caprolactam market. Nylon 6 fibres are wrinkle-resistant and chemically resistant, including acids and alkalis. Furthermore, these fibres are simple to dye, producing generally vivid and bright hues while remaining strong and lightweight. Global Caprolactam MarketBased on raw material, based on raw material the Caprolactam market is segmented into Phenol, Cyclohexane, Hydroxylamine Sulfate and Others. The Cyclohexane segment is likely to dominate the market. Almost all of the cyclohexane is used to generate cyclohexane and cyclohexane, which are subsequently used to make atopic acid and caprolactam, respectively. The total volume of cyclohexane produced in the United States in 2019 was about 860,000 metric tons. Based on application, based on application the segment is divided into Industrial Yarns, Engineering Plastic, Textiles & Carpets and Other. Engineering plastic is major end-use segment for the caprolactam market. Caprolactam is applied in the production of nylon 6 fibers that are increasingly used for engine covers, tire cord manufacturer, and gears & bearings due to their superior fatigue resistance, tensile strength, and durability

Global Caprolactam Market Regional Insights:

Asia-Pacific region led the global market with a market share of about 70%. Caprolactam usage is rising in the region, thanks to the booming textile and automotive sectors in nations like China, Japan, and South Korea. China is the world's top manufacturer of nylon 6. Guangdong Xinhui Meida Nylon Co Ltd, BASF (China) Co. Ltd, Liheng (Changle) Polyamide Technology Co. Ltd, and others are among China's largest nylon 6 producers. China is the world's second-largest economy in terms of GDP. The rising demand for caprolactam in China is projected to be boosted by the country's increased carpet exports. The automotive sector in Korea is primarily reliant on exports. Automobile production has fallen in recent years as a result of lower exports. During the projected period, the aforementioned factors are expected to have an impact on caprolactam demand. In economies like China and Taiwan, producers were reportedly operating their manufacturing plants at reduced rates of roughly 75%. In September, less international commerce was recorded as a result of decreased regional demand, pushing prices across the Indian subcontinent to roughly USD 1180 per ton. Caprolactam supplies in North America improved in Q2 2021, as Gulf coast industrial infrastructure recovered from the effects of winter storm Uri, and many manufacturing units increased output rates. Despite this, a number of customers have been seen increasing their raw material inventories in preparation for hurricane season. The upward trend in the US Caprolactam market was aided by a global increase in Benzene costs, which coincided with rising inflation. However, at the end of the second quarter, prices had stabilized, with FOB Texas offers settling at USD 2470 per ton.

Global Caprolactam Market Regional Insights: Global Caprolactam Market

The objective of the report is to present a comprehensive analysis of the Global Caprolactam Market to the stakeholders in the industry. The past and current status of the industry with the forecasted Market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include Market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the Market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Caprolactam Market dynamics, structure by analyzing the Market segments and project the Global Caprolactam Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Type portfolio, growth strategies, and regional presence in the Global Caprolactam Market make the report investor’s guide.

Global Caprolactam Market Scope: Inquire before buying

Global Caprolactam Market

Global Caprolactam Market, by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Global Caprolactam Market Key Players

• Advansix Inc. • Fibrant • Alpek S.A.B. de C.V. • BASF SECapro Corp • DOMO Caproleuna GmbH • Fertilizers & Chemicals Travancore Ltd • Juhua Group Corp. • Lanxess AG • Ojsc Kuibyshevazot • Sumitomo Chemical Co. Ltd • Toray Industries, Inc. • UBE Industry Group • Honeywell International Inc. • Spolana • LUXI GROUP • China Petrohemical Corporation • Sumitomo Chemical Co., Ltd. • Shandong Haili Chemical Industry Co. Ltd • KuibyshevAzot • KurskKhimvolokno Ltd

Frequently Asked Questions:

1] What segments are covered in Global Caprolactam Market report? Ans. The segments covered in Global Caprolactam Market report are based on End Product, Raw Material and Application. 2] Which region is expected to hold the highest share in the Global Caprolactam Market? Ans. Asia Pacific is expected to hold the highest share in the Global Caprolactam Market. 3] What is the Market size of Global Caprolactam Market in 2027? Ans. The Market size of Global Caprolactam Market in the forecast period 2027 is US $ 2655.01 Mn. 4] Who are the top key players in the Global Caprolactam Market? Ans. Advansix Inc., Alpek S.A.B. de C.V., BASF SE, Capro Corp, DOMO Caproleuna GmbH, Fertilizers & Chemicals Travancore Ltd, Juhua Group Corp, Lanxess AG, Ojsc Kuibyshevazot, Sumitomo Chemical Co. Ltd, Toray Industries, Inc., UBE Industry Group, Honeywell International Inc. 5] What was the Market size of Global Caprolactam Market in 2020? Ans. The Market size of Global Caprolactam Market in 2020 was US $ 1610.78 Mn.

Global Caprolactam Market

1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Caprolactum Size, by Market Value (US$ Bn) and Market Volume (Units) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 4.8. Patent Registration 5. Supply Side and Demand Side Indicators 6. Global Caprolactam Market Analysis and Forecast 6.1. Global Caprolactam Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Caprolactam Market Analysis and Forecast, by End Product 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Caprolactum Market Value Share Analysis, by End Product 7.4. Global Caprolactum Market Size (US$ Bn) Forecast, by End Product 7.5. Global Caprolactum Market Analysis, by End Product 7.6. Global Caprolactam Market Attractiveness Analysis, by End Product 8. Global Caprolactam Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Caprolactum Market Value Share Analysis, by Application 8.4. Global Caprolactum Market Size (US$ Bn) Forecast, by Application 8.5. Global Caprolactum Market Analysis, by Application 8.6. Global Caprolactum Market Attractiveness Analysis, by Application 9. Global Caprolactam Market Analysis, by Region 9.1. Global Caprolactum Market Value Share Analysis, by Region 9.2. Global Caprolactum Market Size (US$ Bn) Forecast, by Region 9.3. Global Caprolactum Market Attractiveness Analysis, by Region 10. North America Caprolactam Market Analysis 10.1. Key Findings 10.2. North America Caprolactum Market Overview 10.3. North America Caprolactum Market Value Share Analysis, by End Product 10.4. North America Caprolactum Market Forecast, by End Product 10.4.1. Nylon 6 Resins 10.4.2. Nylon 6 Fibers 10.5. North America Caprolactum Market Value Share Analysis, by Application 10.6. North America Caprolactum Market Forecast, by Application 10.6.1. Industrial Yarns 10.6.2. Engineering Plastic 10.6.3. Textiles & Carpets 10.6.4. Other 10.7. North America Caprolactum Market Value Share Analysis, by Country 10.8. North America Caprolactum Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Caprolactum Market Analysis, by Country 10.10. U.S. Caprolactum Market Forecast, by End Product 10.10.1. Nylon 6 Resins 10.10.2. Nylon 6 Fibers 10.11. U.S. Caprolactum Market Forecast, by Application 10.11.1. Industrial Yarns 10.11.2. Engineering Plastic 10.11.3. Textiles & Carpets 10.11.4. Other 10.12. Canada Caprolactum Market Forecast, by End Product 10.12.1. Nylon 6 Resins 10.12.2. Nylon 6 Fibers 10.13. Canada Caprolactum Market Forecast, by Application 10.13.1. Industrial Yarns 10.13.2. Engineering Plastic 10.13.3. Textiles & Carpets 10.13.4. Other 10.14. North America Caprolactum Market Attractiveness Analysis 10.14.1. By End Product 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Development 11. Europe Caprolactam Market Analysis 11.1. Key Findings 11.2. Europe Caprolactum Market Overview 11.3. Europe Caprolactum Market Value Share Analysis, by End Product 11.4. Europe Caprolactum Market Forecast, by End Product 11.4.1. Nylon 6 Resins 11.4.2. Nylon 6 Fibers 11.5. Europe Caprolactum Market Value Share Analysis, by Application 11.6. Europe Caprolactum Market Forecast, by Application 11.6.1. Industrial Yarns 11.6.2. Engineering Plastic 11.6.3. Textiles & Carpets 11.6.4. Other 11.6.5. Europe Caprolactum Market Value Share Analysis, by Country 11.7. Europe Caprolactum Market Forecast, by Country 11.7.1. Germany 11.7.2. U.K. 11.7.3. France 11.7.4. Italy 11.7.5. Spain 11.7.6. Rest of Europe 11.8. Europe Caprolactum Market Analysis, by Country 11.9. Germany Caprolactum Market Forecast, by End Product 11.9.1. Nylon 6 Resins 11.9.2. Nylon 6 Fibers 11.10. Germany Caprolactum Market Forecast, by Application 11.10.1. Industrial Yarns 11.10.2. Engineering Plastic 11.10.3. Textiles & Carpets 11.10.4. Other 11.11. U.K. Caprolactum Market Forecast, by End Product 11.11.1. Nylon 6 Resins 11.11.2. Nylon 6 Fibers 11.12. U.K. Caprolactum Market Forecast, by Application 11.12.1. Industrial Yarns 11.12.2. Engineering Plastic 11.12.3. Textiles & Carpets 11.12.4. Other 11.13. France Caprolactum Market Forecast, by End Product 11.13.1. Nylon 6 Resins 11.13.2. Nylon 6 Fibers 11.14. France Caprolactum Market Forecast, by Application 11.14.1. Industrial Yarns 11.14.2. Engineering Plastic 11.14.3. Textiles & Carpets 11.14.4. Other 11.15. Italy Caprolactum Market Forecast, by End Product 11.15.1. Nylon 6 Resins 11.15.2. Nylon 6 Fibers 11.16. Italy Caprolactum Market Forecast, by Application 11.16.1. Industrial Yarns 11.16.2. Engineering Plastic 11.16.3. Textiles & Carpets 11.16.4. Other 11.17. Spain Caprolactum Market Forecast, by End Product 11.17.1. Nylon 6 Resins 11.17.2. Nylon 6 Fibers 11.18. Spain Caprolactum Market Forecast, by Application 11.18.1. Industrial Yarns 11.18.2. Engineering Plastic 11.18.3. Textiles & Carpets 11.18.4. Other 11.19. Rest of Europe Caprolactum Market Forecast, by End Product 11.19.1. Nylon 6 Resins 11.19.2. Nylon 6 Fibers 11.20. Rest of Europe Caprolactum Market Forecast, by Application 11.20.1. Industrial Yarns 11.20.2. Engineering Plastic 11.20.3. Textiles & Carpets 11.20.4. Other 11.21. Europe Caprolactum Market Attractiveness Analysis 11.21.1. By End Product 11.21.2. By Application 11.22. PEST Analysis 11.23. Key Trend 11.24. Key Development 12. Asia Pacific Caprolactam Market Analysis 12.1. Key Findings 12.2. Asia Pacific Caprolactum Market Overview 12.3. Asia Pacific Caprolactum Market Value Share Analysis, by End Product 12.4. Asia Pacific Caprolactum Market Forecast, by End Product 12.4.1. Nylon 6 Resins 12.4.2. Nylon 6 Fibers 12.5. Asia Pacific Caprolactum Market Value Share Analysis, by Application 12.6. Asia Pacific Caprolactum Market Forecast, by Application 12.6.1. Industrial Yarns 12.6.2. Engineering Plastic 12.6.3. Textiles & Carpets 12.6.4. Other 12.7. Asia Pacific Caprolactum Market Value Share Analysis, by Country 12.8. Asia Pacific Caprolactum Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Caprolactum Market Analysis, by Country 12.10. China Caprolactum Market Forecast, by End Product 12.10.1. Nylon 6 Resins 12.10.2. Nylon 6 Fibers 12.11. China Caprolactum Market Forecast, by Application 12.11.1. Industrial Yarns 12.11.2. Engineering Plastic 12.11.3. Textiles & Carpets 12.11.4. Other 12.12. India Caprolactum Market Forecast, by End Product 12.12.1. Nylon 6 Resins 12.12.2. Nylon 6 Fibers 12.13. India Caprolactum Market Forecast, by Application 12.13.1. Industrial Yarns 12.13.2. Engineering Plastic 12.13.3. Textiles & Carpets 12.13.4. Other 12.14. Japan Caprolactum Market Forecast, by End Product 12.14.1. Nylon 6 Resins 12.14.2. Nylon 6 Fibers 12.15. Japan Caprolactum Market Forecast, by Application 12.15.1. Industrial Yarns 12.15.2. Engineering Plastic 12.15.3. Textiles & Carpets 12.15.4. Other 12.16. ASEAN Caprolactum Market Forecast, by End Product 12.16.1. Nylon 6 Resins 12.16.2. Nylon 6 Fibers 12.17. ASEAN Caprolactum Market Forecast, by Application 12.17.1. Industrial Yarns 12.17.2. Engineering Plastic 12.17.3. Textiles & Carpets 12.17.4. Other 12.18. Rest of Asia Pacific Caprolactum Market Forecast, by End Product 12.18.1. Nylon 6 Resins 12.18.2. Nylon 6 Fibers 12.19. Rest of Asia Pacific Caprolactum Market Forecast, by Application 12.19.1. Industrial Yarns 12.19.2. Engineering Plastic 12.19.3. Textiles & Carpets 12.19.4. Other 12.20. Asia Pacific Caprolactum Market Attractiveness Analysis 12.20.1. By End Product 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trend 12.23. Key Development 13. The Middle East & Africa Caprolactam Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Caprolactum Market Overview 13.3. Middle East & Africa Caprolactum Market Value Share Analysis, by End Product 13.4. Middle East & Africa Caprolactum Market Forecast, by End Product 13.4.1. Nylon 6 Resins 13.4.2. Nylon 6 Fibers 13.5. Middle East & Africa Caprolactum Market Value Share Analysis, by Application 13.6. Middle East & Africa Caprolactum Market Forecast, by Application 13.6.1. Industrial Yarns 13.6.2. Engineering Plastic 13.6.3. Textiles & Carpets 13.6.4. Other 13.7. Middle East & Africa Caprolactum Market Value Share Analysis, by Country 13.8. Middle East & Africa Caprolactum Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Caprolactum Market Analysis, by Country 13.10. GCC Caprolactum Market Forecast, by End Product 13.10.1. Nylon 6 Resins 13.10.2. Nylon 6 Fibers 13.11. GCC Caprolactum Market Forecast, by Application 13.11.1. Industrial Yarns 13.11.2. Engineering Plastic 13.11.3. Textiles & Carpets 13.11.4. Other 13.12. South Africa Caprolactum Market Forecast, by End Product 13.12.1. Nylon 6 Resins 13.12.2. Nylon 6 Fibers 13.13. South Africa Caprolactum Market Forecast, by Application 13.13.1. Industrial Yarns 13.13.2. Engineering Plastic 13.13.3. Textiles & Carpets 13.13.4. Other 13.14. Rest of Middle East & Africa Caprolactum Market Forecast, by End Product 13.14.1. Nylon 6 Resins 13.14.2. Nylon 6 Fibers 13.15. Rest of Middle East & Africa Caprolactum Market Forecast, by Application 13.15.1. Industrial Yarns 13.15.2. Engineering Plastic 13.15.3. Textiles & Carpets 13.15.4. Other 13.16. Middle East & Africa Caprolactum Market Attractiveness Analysis 13.16.1. By End Product 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trend 13.19. Key Development 14. South America Caprolactam Market Analysis 14.1. Key Findings 14.2. South America Caprolactum Market Overview 14.3. South America Caprolactum Market Value Share Analysis, by End Product 14.4. South America Caprolactum Market Forecast, by End Product 14.4.1. Nylon 6 Resins 14.4.2. Nylon 6 Fibers 14.5. South America Caprolactum Market Value Share Analysis, by Application 14.6. South America Caprolactum Market Forecast, by Application 14.6.1. Industrial Yarns 14.6.2. Engineering Plastic 14.6.3. Textiles & Carpets 14.6.4. Other 14.7. South America Caprolactum Market Value Share Analysis, by Country 14.8. South America Caprolactum Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. Brazil Caprolactum Market Forecast, by End Product 14.9.1. Nylon 6 Resins 14.9.2. Nylon 6 Fibers 14.10. Brazil Caprolactum Market Forecast, by Application 14.10.1. Industrial Yarns 14.10.2. Engineering Plastic 14.10.3. Textiles & Carpets 14.10.4. Other 14.11. Mexico Caprolactum Market Forecast, by End Product 14.11.1. Nylon 6 Resins 14.11.2. Nylon 6 Fibers 14.12. Mexico Caprolactum Market Forecast, by Application 14.12.1. Industrial Yarns 14.12.2. Engineering Plastic 14.12.3. Textiles & Carpets 14.12.4. Other 14.13. Rest of South America Caprolactum Market Forecast, by End Product 14.13.1. Nylon 6 Resins 14.13.2. Nylon 6 Fibers 14.14. Rest of South America Caprolactum Market Forecast, by Application 14.14.1. Industrial Yarns 14.14.2. Engineering Plastic 14.14.3. Textiles & Carpets 14.14.4. Other 14.15. South America Caprolactum Market Attractiveness Analysis 14.15.1. By End Product 14.15.2. By Application 14.16. PEST Analysis 14.17. Key Trend 14.18. Key Development 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Advansix Inc. 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 1.1.1.1. Manufacturing Footprint 15.3.2. Alpek S.A.B. de C.V. 15.3.3. BASF SE 15.3.4. Capro Corp 15.3.5. DOMO Caproleuna GmbH 15.3.6. Fertilizers & Chemicals Travancore Ltd 15.3.7. Juhua Group Corp. 15.3.8. Lanxess AG 15.3.9. Ojsc Kuibyshevazot 15.3.10. Sumitomo Chemical Co. Ltd 15.3.11. Toray Industries, Inc. 15.3.12. UBE Industry Group 15.3.13. Honeywell International Inc. 15.3.14. Spolana 15.3.15. LUXI GROUP 15.3.16. China Petrohemical Corporation 15.3.17. Sumitomo Chemical Co., Ltd. 15.3.18. Shandong Haili Chemical Industry Co. Ltd 15.3.19. KuibyshevAzot 15.3.20. KurskKhimvolokno Ltd 16. Primary Key Insights

About This Report

Report ID 24437
Category Material & Chemical
Published Date JAN 2020
Updated Date Sep 2021
Contact Us