The Global Caprolactam Market is estimated to be USD 14.68 Bn in 2021 and is expected to reach USD 18.14 Bn by 2026, growing at a CAGR of 4.32%.
However, the fluctuating raw material prices, strict regulations imposed by the government in some countries, and the continuous moisture absorption by caprolactam resulting in degradation of properties are the major factors acting as restraints and will further challenge the growth of the Global Caprolactam Market.
By Raw Material, the market is classified into Phenol and Cyclohexane. Amongst all, the Phenol segment is estimated to hold the highest market share during the forecast period.
By End Product, the market is classified as Films, Nylon 6 Resins, Nylon 6 Fibers, and Others. Amongst all, the Nylon 6 Fibers segment is estimated to hold the highest market share during the forecast period.
By Application, the market is classified as Engineering Resins And Films, Industrial Yarns, Textiles And Carpets, and Others. Amongst all, the Textiles and Carpets segment is estimated to hold the highest market share during the forecast period.
By Geography, North America is projected to lead the market.
Market Dynamics
The growing textile industry and factors such as the ever-increasing growth of films and coatings applications and the increasing demand for plastics in the construction, automotive, and electrical & electronics sectors are majorly driving the market growth. Additionally, increasing growth of emerging economies, increasing disposable incomes of general people, and low initial infrastructure investment in the caprolactam market, coupled with increasing investment of key players for new product innovation, are influencing the growth of the Global Caprolactam Market. In addition, the increasing technological advancements and modernization in the production techniques bought in by the market key players will further create new opportunities for the Global Caprolactam Market.However, the fluctuating raw material prices, strict regulations imposed by the government in some countries, and the continuous moisture absorption by caprolactam resulting in degradation of properties are the major factors acting as restraints and will further challenge the growth of the Global Caprolactam Market.
Market Segmentation
The Global Caprolactam Market is segmented further based on Raw Material, End Product, Application, and Geography.By Raw Material, the market is classified into Phenol and Cyclohexane. Amongst all, the Phenol segment is estimated to hold the highest market share during the forecast period.
By End Product, the market is classified as Films, Nylon 6 Resins, Nylon 6 Fibers, and Others. Amongst all, the Nylon 6 Fibers segment is estimated to hold the highest market share during the forecast period.
By Application, the market is classified as Engineering Resins And Films, Industrial Yarns, Textiles And Carpets, and Others. Amongst all, the Textiles and Carpets segment is estimated to hold the highest market share during the forecast period.
By Geography, North America is projected to lead the market.
Recent Developments
1. The Board of Directors of PJSC KuibyshevAzot has given consent to the acquisition by Kuibyshevazot of an 80% stake in Engineering Plastics (India) Private Limited. - 9th November 2020Company Profiles
Some of the companies covered in this report are BASF, UBE, AdvanSix, Capro, Lanxess, Gujarat State Fertilizers & Chemicals, Alpek, Grupa Azoty, etc.Countries Studied
- America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.Why buy this report?
- The report offers a comprehensive evaluation of the Global Caprolactam Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.
Report Highlights:
- A complete analysis of the market, including parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Caprolactam Market
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Report Attribute | Details |
---|---|
No. of Pages | 191 |
Published | November 2021 |
Forecast Period | 2021 - 2026 |
Estimated Market Value ( USD | $ 14680 Million |
Forecasted Market Value ( USD | $ 18140 Million |
Compound Annual Growth Rate | 4.3% |
Regions Covered | Global |
No. of Companies Mentioned | 19 |
Table of Contents
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Influencers
5 Market Analysis
6 Global Caprolactam Market, By Raw Material
7 Global Caprolactam Market, By End Use
8 Global Caprolactam Market, By Application
9 Global Caprolactam Market, By Geography
10 Competitive Landscape
11 Company Profiles
12 Appendix
Companies Mentioned
- Highsun Group
- BASF
- Echemi
- UBE
- CPDC
- AdvanSix
- Capro
- Lanxess
- Gujarat State Fertilizers & Chemicals
- Alpek
- Grupa Azoty
- Luxi Group
- Sumitomo Chemical
- Toray
- Unipetrol
- Kuibyshevazot
- Genomatica
- DOMO
- Fertilizers & Chemicals Travancore