Latest News-Caprolactam Market Expected to Grow at 15.6 Billion In Revenue by 2023 | Global Major Manufacturers, Production and Sales Market Comparison

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The Caprolactam Market size is expected to grow from US$ 13.1 Billion in 2018 to US$ 15.6 Billion by 2023, at a CAGR of 3.59% during the forecast period. This report spread across 197 pages, profiling 24 companies and supported with tables and figures is now available in this research.

Most Popular Companies- AdvanSix Inc. (US), Alpek S.A.B. de C.V. (Mexico), The Aquafil Group (Italy), BASF SE (Germany), Capro Co. (South Korea), China Petrochemical Development Corporation (Taiwan), Domo Chemicals (Germany), Grupa Azoty (Poland), Gujarat State Fertilizers & Chemicals Limited (India), Highsun Group (China), KuibyshevAzot PJSC (Russia), Lanxess AG (Germany), Luxi Chemical Group Co., Ltd. (China), China Petroleum & Chemical Corporation (Sinopec) (China), Spolana (Czech Republic), Sumitomo Chemical Co., Ltd. (Japan), Toray Industries, Inc. (Japan), Ube Industries, Ltd. (Japan), and Zhejiang Hengyi Group Co., Ltd. (China).

 

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The Nylon 6 fibers segment is the largest and fastest-growing application of caprolactam. Caprolactam is initially processed to produce polyamide 6 fiber and is then further melted and spun to produce staple, tow, monofilament, and multi-filament form. The fiber has outstanding durability and excellent physical properties. Textile is an area of important end-use for polyamide. The most commonly used polyamide textiles are produced from polyamide 6, polyamide 66, and other co-polyamides.

 

“APAC is expected to register the highest growth during the forecast period.”

APAC has emerged as the leading consumer and producer of caprolactam due to the growing manufacturing sector in all major economies of the region. In addition, the presence of many big, as well as, small caprolactam producers, is driving the market in the region. The demand for caprolactam in APAC is majorly driven by consumption in China.

 

Breakdown of primary participants’ profile:

  • By company type: Tier 1 – 42%, Tier 2 – 25%, and Others – 33%
  • By Designation: C Level – 36%, Director Level – 19%, and Others – 45%
  • By Region: Europe – 42%, North America – 25%, APAC – 17%, South America – 8%, and Middle East & Africa – 8%

 

Reason to buy this report:

The Report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall caprolactam market and the sub segments. This report will also help them understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies.

 

Competitive Landscape of Caprolactam Market:

1 Introduction

2 Competitive Leadership Mapping

2.1 Terminology/Nomenclature

2.1.1 Visionary Leaders

2.1.2 Innovators

2.1.3 Emerging Companies

2.1.4 Dynamic Differentiators

3 CAPACity Analysis

3.1 APAC

3.2 Europe

3.3 North America

4 Competitive Scenario

4.1 Investment & Expansion

4.2 Contract & Agreement, Partnership & Collaboration

4.3 Merger & Acquisition

 

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