China is expected to dominate the caprolactam market in due to rapid growth of electrical and electronic end-use industries in the region. They are commercially available as nylon 6 fiber and nylon 6 resin.
The Others application segment of caprolactam includes small end users such as fishing lines, fishing nets, composites, lysine synthesis, strings of musical instruments and medical which cannot be quantified individually.
Increasing demand for engineering plastics and films in manufacturing various automotive parts including engine covers, gears, and bearings owing to their resistance to oils and greases is expected to drive product growth.
Textile yarn was the largest application segment of caprolactam in Furthermore, the market is expected to witness significant growth over the forecast years on account of increasing demand for nylon 6 polymers in apparels, sportswear, swimwear, and fashion wear.
Nylon 6 resin is the other key product segment produced from caprolactam used in the market. Regionally, Europe and Asia Pacific emerged as leading markets for caprolactam in The report segments the market based on application and region and offers estimates and forecast of the caprolactam market for each segment.
The growing textile industry across the Asia Pacific, owing to growing textile industry in economies such as India is expected to boost growth of the caprolactam market. Raw materials such cyclohexane, ammonia and phenol are used in manufacturing of caprolactam.
The Caprolactam have different characteristics as per their manufacturing and application requirement in the end products. The numbers provided in this report have been derived on the basis of demand for caprolactam from various end user industries in different regions.
Polyamide 6 is dominant among all the competitive polyamides available, in terms of consumption and value, reasoned by its optimal cost to performance factor. The numbers provided in this report are derived on the basis of demand for caprolactam from various end user industries in different regions.
This report by Transparency Market Research analyses, estimates and forecasts the caprolactam demand on a global and regional level for the six year period from toboth in terms of volume and revenue.
In the automotive industry, nylon resins are incorporated in louvres, wheel covers, and other exterior body components. Furthermore, growth in fabrics industry will boost growth opportunities for the market.
Growth in these end-use segments is expected to augment product demand, which will further have a positive impact on the industry growth over the forecast years. The manufacturing companies, associations, and end-product manufacturers infuse high investments for future advancements and technology modifications of caprolactam as precursor to replace metals and match the new demands coming from various end-user industries.
In addition, the increasing demand for passenger cars in India and China, owing to the rise in disposable incomes is expected to further boost product demand. Market size and forecast for each major application is also provided in the context of the global as well as regional market.
All the prices have been considered as FOB prices. The demand of each product type and application of caprolactam in terms of volume and revenue for each region is forecasted in this report for the period from to Various under the hood metal components have been replaced by nylon 6 resin for weight reduction.
MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.
In this study the caprolactam market is segmented based on their type, application and geography. Growth of the automotive industry, particularly in emerging economies of China, Brazil and India, coupled with rising disposable income of consumers, is expected to augment engineering plastics demand.
Strong growth in automobile sales in Asia-Pacific and Europe are expected to enhance growth of caprolactam market during the forecast period. Textiles made from nylon 6 fiber include non-woven fabrics and applications such as apparels, swimwear, sportswear, fashion wear etc. The global caprolactam is anticipated to reach 7, The caprolactam industry exhibits high degree of forward integration as majority of caprolactam producers are also engaged in the production of its finished product nylon 6.
The caprolactam demand, in terms of value and volume, depicts the current and future projections according to the parallel economic and industrial outlook. Nylon 6 resin is the other key product segment produced from caprolactam used in the market.
The company plans to increase production capacity of its Talegaon plant in Maharashtra from 30, units tounits by Nylon 6 resin is the other important derivative of caprolactam.
Textile yarn is extensively used in numerous applications including apparel and house furnishing. Inthe textile yarn segment dominated the market in global market, and held Asia-Pacific is projected to be the largest region in global caprolactam market. To request a sample copy or view summary of this report, click the link below: Based on physical and chemical properties, caprolactam can be used in different applications such as textiles, carpets, industrial yarns, fishing lines nets, etc.
The global caprolactam market size was valued at USD billion in and is expected to grow at a CAGR of % over the forecast period. Rising demand for plastics in the construction, automotive, and electrical & electronics sectors is expected to be a key driver for the industry over the forecast years.
The global caprolactam market size is estimated at US$ 11, million (revenue) and 5, kilo tons (volume) in and is expected to expand at a CAGR of % in terms of revenue and % in terms of volume from – The Report named “Global Caprolactam Market” serves crucial perceptions into global Caprolactam industry along with newfangled industry details, currently dominating players in Caprolactam, chapter wise analysis of each section and looming industry trends, which will guide the readers to target Caprolactam market product Specifications and clients driving the long-term market revenue and.
The global caprolactam market size was valued at USD billion in and is expected to grow at a CAGR of % over the forecast period.
Rising demand for plastics in the construction, automotive, and electrical & electronics sectors is expected to be a key driver for the industry over the forecast years.
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The present report is an essential resource for a one looking. Global Caprolactam market in was worth USD billion and is expected to reach USD billion bygrowing at a CAGR of % from to Location: State Tower, 90 State Street, SuiteAlbany,Global caprolactam market