Caprolactam Market Research Report Forecast 2030

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The caprolactam market is anticipated to be worth USD 18.63 billion, growing at a CAGR of 8.40% by the end of the forecast period.

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Caprolactam Market Research Report Forecast 2030

Market Overview

The caprolactam market is anticipated to be worth USD 18.63 billion, growing at a CAGR of 8.40% by the end of the forecast period. The rising demand for nylon as a synthetic fibre in end-use industries like automotive, transportation, textiles, and home furnishings are a significant factor driving the worldwide caprolactam market.

Additionally, it is extensively employed in the production of engineered resins and films, which are used in the agricultural, packaging, medical, and military sectors. The demand for caprolactam is fueled by the rapid industrialization of developing countries and the substantial investments made in developing these sectors in industrialized countries.

The caprolactam market has been significantly impacted by the global Covid pandemic’s expansion, which has also had a significant impact on the market’s levels of product development, production, and advertising. widespread application in the textile sector is propelling the market expansion caprolactam market in the future.

Approximately 68% of caprolactam usage is accounted for by the textile industry, which produces nylon fibers for textiles, carpets, and industrial yarns. In the textile industry, caprolactam is used to create nylon fibers for textiles, carpets, and industrial yarns.

For the ring-opening polymerization process, which is used to create nylon 6 fibers and resins, caprolactam is a crucial raw material. Neoprene 6 polymers are used to create high-strength fibers, resins, and films.

Market Segmentation

The caprolactam market is classified based on Source, End-use, and Region. The Source segment is further divided into Phenol, Toluene, and Cyclohexane. In terms of End Use segment, the market is categorized into Textile Yarn, Textile Stiffeners, Film Coatings, Synthetic Leather, Plastics, Plasticizers, and Others.

Regional Analysis

Due to several factors, including the rising usage of plastics in molded components, the accessibility of raw materials, and the expansion of numerous end-use sectors, including packaging and others, North America is anticipated to have the quickest rate of regional market growth. Over the future years, the US is expected to dominate the North American market.

Italy, Turkey, and Germany are just a few of the nations whose product manufacturing may rise because of the European market. Additionally, several paint and coating applications for protective film applications offer abundant prospects for profitable regional market expansion.

The development in the Asian material industry, continually changing style, and development in the bundling business are a couple of variables prompting the development of the caprolactam market around here. In the new past, the utilization of caprolactam has filled amazingly in the material business attributable to the presence of key makers around here.

Latin America is supposed to show moderate market development because of the district’s social and financial insecurity. In the Middle East and Africa, because of political strife and financial flimsiness development in this area is supposed to be moderate over the conjecture period. In any case, further developing circumstances are expected to give solid learning experiences over mid-term and long-haul gauges.

Major Players

The key players of the global Caprolactam market are segregated into Sumitomo Chemical Company Limited (Japan), Honeywell International Inc (US), Kuibyshevazot (Russia), BASF SE (Germany), Toray Industries (Japan), China Petroleum & Chemical Corporation (Sinopec Limited) (China), LANXESS (Germany), UBE Industries (Japan) DSM (Netherland), and China Petrochemical Development Corporation (China).

COVID 19 Impacts

We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY
1.1 MARKET ATTRACTIVENESS ANALYSIS
1.1.1 GLOBAL CAPROLACTAM MARKET, BY SOURCE
1.1.2 GLOBAL CAPROLACTAM MARKET, BY END-USE
1.1.3 GLOBAL CAPROLACTAM MARKET, BY REGION

2 MARKET INTRODUCTION
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 MARKET STRUCTURE

3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 TOP-DOWN AND BOTTOM-UP APPROACH
3.6 FORECAST MODEL
3.7 LIST OF ASSUMPTIONS & LIMITATIONS

4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 DRIVERS
4.2.1 WIDESPREAD USE IN THE TEXTILE INDUSTRY
4.2.2 USE OF CAPROLACTAM IN ENGINEERED RESINS AND FILMS
4.3 RESTRAINTS
4.3.1 VOLATILE RAW MATERIAL PRICES
4.4 OPPORTUNITIES
4.4.1 RAPID ADOPTION OF BIO-BASED CAPROLACTAM
4.5 CHALLENGES
4.5.1 ENVIRONMENTAL CONCERNS RELATED TO NYLON

5 MARKET FACTOR ANALYSIS
5.1 SUPPLY CHAIN ANALYSIS
5.1.1 RAW MATERIAL SUPPLIERS
5.1.1.1 CYCLOHEXANE
5.1.1.2 PHENOL
5.1.1.3 AMMONIA
5.1.1.4 TOLUENE
5.1.2 CAPROLACTAM PRODUCERS
5.1.3 DISTRIBUTION & SALES CHANNEL
5.1.4 END-USE
5.2 PORTER’S FIVE FORCES ANALYSIS
5.2.1 THREAT OF NEW ENTRANTS
5.2.2 BARGAINING POWER OF SUPPLIERS
5.2.3 THREAT OF SUBSTITUTES
5.2.4 BARGAINING POWER OF BUYERS
5.2.5 INTENSITY OF RIVALRY
5.3 PRICING OVERVIEW, 2019-2021 (USD/TONS)
5.4 IMPACT OF COVID-19 ON GLOBAL CAPROLACTAM MARKET

6 GLOBAL CAPROLACTAM MARKET, BY SOURCE
6.1 INTRODUCTION
6.1.1 PHENOL
6.1.2 TOLUENE
6.1.3 CYCLOHEXANE

7 GLOBAL CAPROLACTAM MARKET, BY END-USE
7.1 INTRODUCTION
7.1.1 TEXTILE YARN
7.1.2 TEXTILE STIFFENERS
7.1.3 FILM COATINGS
7.1.4 SYNTHETIC LEATHER
7.1.5 PLASTICS
7.1.6 PLASTICIZERS
7.1.7 OTHERS

8 GLOBAL CAPROLACTAM MARKET, BY REGION
8.1 INTRODUCTION
8.2 NORTH AMERICA
8.2.1 US
8.2.2 CANADA
8.3 EUROPE
8.3.1 GERMANY
8.3.2 UK
8.3.3 FRANCE
8.3.4 RUSSIA
8.3.5 SPAIN
8.3.6 ITALY
8.3.7 REST OF EUROPE
8.4 ASIA-PACIFIC
8.4.1 CHINA
8.4.2 JAPAN
8.4.3 INDIA
8.4.4 SOUTH KOREA
8.4.5 AUSTRALIA & NEW ZEALAND
8.4.6 REST OF ASIA-PACIFIC
8.5 LATIN AMERICA
8.5.1 BRAZIL
8.5.2 MEXICO
8.5.3 ARGENTINA
8.5.4 REST OF LATIN AMERICA
8.6 MIDDLE EAST & AFRICA
8.6.1 TURKEY
8.6.2 SOUTH AFRICA
8.6.3 GCC
8.6.4 REST OF MIDDLE EAST & AFRICA

9 COMPETITIVE LANDSCAPE
9.1 COMPETITIVE OVERVIEW
9.2 MARKET STRATEGY ANALYSIS
9.3 KEY DEVELOPMENTS
9.4 COMPETITIVE BENCHMARKING

10 COMPANY PROFILES
10.1 BASF SE
10.1.1 COMPANY OVERVIEW
10.1.2 FINANCIAL OVERVIEW
10.1.3 PRODUCTS OFFERED
10.1.4 KEY DEVELOPMENTS
10.1.5 SWOT ANALYSIS
10.1.6 KEY STRATEGIES
10.2 CHINA PETROCHEMICAL CORPORATION
10.2.1 COMPANY OVERVIEW
10.2.2 FINANCIAL OVERVIEW
10.2.3 PRODUCTS OFFERED
10.2.4 KEY DEVELOPMENTS
10.2.5 SWOT ANALYSIS
10.2.6 KEY STRATEGIES
10.3 LANXESS
10.3.1 COMPANY OVERVIEW
10.3.2 FINANCIAL OVERVIEW
10.3.3 PRODUCTS OFFERED
10.3.4 KEY DEVELOPMENTS
10.3.5 SWOT ANALYSIS
10.3.6 KEY STRATEGIES
10.4 HONEYWELL INTERNATIONAL INC
10.4.1 COMPANY OVERVIEW
10.4.2 FINANCIAL OVERVIEW
10.4.3 PRODUCTS OFFERED
10.4.4 KEY DEVELOPMENTS
10.4.5 SWOT ANALYSIS
10.4.6 KEY STRATEGIES
10.5 DSM
10.5.1 COMPANY OVERVIEW
10.5.2 FINANCIAL OVERVIEW
10.5.3 PRODUCTS OFFERED
10.5.4 KEY DEVELOPMENTS
10.5.5 SWOT ANALYSIS
10.5.6 KEY STRATEGIES
10.6 SUMITOMO HEAVY INDUSTRIES LTD.
10.6.1 COMPANY OVERVIEW
10.6.2 FINANCIAL OVERVIEW
10.6.3 PRODUCTS OFFERED
10.6.4 KEY DEVELOPMENTS
10.6.5 SWOT ANALYSIS
10.6.6 KEY STRATEGIES
10.7 UBE INDUSTRIES, LTD
10.7.1 COMPANY OVERVIEW
10.7.2 FINANCIAL OVERVIEW
10.7.3 PRODUCTS OFFERED
10.7.4 KEY DEVELOPMENTS
10.7.5 SWOT ANALYSIS
10.7.6 KEY STRATEGIES
10.8 CHINA PETROCHEMICAL DEVELOPMENT CORPORATION
10.8.1 COMPANY OVERVIEW
10.8.2 FINANCIAL OVERVIEW
10.8.3 PRODUCTS OFFERED
10.8.4 KEY DEVELOPMENTS
10.8.5 SWOT ANALYSIS
10.8.6 KEY STRATEGIES
10.9 KUIBYSHEVAZOT
10.9.1 COMPANY OVERVIEW
10.9.2 FINANCIAL OVERVIEW
10.9.3 PRODUCTS OFFERED
10.9.4 KEY DEVELOPMENTS
10.9.5 SWOT ANALYSIS
10.9.6 KEY STRATEGIES
10.1 TORAY INDUSTRIES INC.
10.10.1 COMPANY OVERVIEW
10.10.2 FINANCIAL OVERVIEW
10.10.3 PRODUCTS OFFERED
10.10.4 KEY DEVELOPMENT
10.10.5 SWOT ANALYSIS
10.10.6 KEY STRATEGIES

11 APPENDIX
11.1 REFERENCES
11.2 RELATED REPORTS

Additional information

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Companies Mentioned

Sumitomo Chemical Company Limited (Japan), Honeywell International Inc (US), Kuibyshevazot (Russia), BASF SE (Germany), Toray Industries (Japan), China Petroleum & Chemical Corporation (Sinopec Limited) (China), LANXESS (Germany), UBE Industries (Japan) DSM (Netherland), and China Petrochemical Development Corporation (China)

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