Caprolactam Market Share, Size Global Historical Analysis, Segmentation, Application, Technology, Trends and Opportunities Forecasts to 2025
Caprolactam Market |
Caprolactam is a chemical that is used to make nylon 6 fibre. Textile fibres, industrial fibres, and carpets all use nylon 6 fibre. Caprolactam is made from basic ingredients such as cyclohexane, ammonia, and phenol. Caprolactam is widely used in textile yarns, textile stiffeners, film coatings, synthetic leather, plastics, and plasticizers, among other sectors. Nylon 6 also has a variety of qualities, including high strength and elasticity, chemical resistance, oil damage resistance, and abrasion resistance. The demand for nylon 6 applications in the textile, automotive, and electrical and electronics industries has surged as a result of these capabilities.
Over the next few years, the Caprolactam Market is likely to be driven by rising demand for bio-based Caprolactam in technical plastics and films, as well as the demand for lightweight automobiles. In addition, the expanding automotive and electronics industries, as well as increased demand for plastics in the construction, automotive, and electrical and electronics sectors, are expected to enhance the market in the approaching years.
Furthermore, features of nylon fibres and resins such as high strength, elasticity, abrasion resistance, chemical & oil resistance, and low moisture absorbency are expected to fuel the market throughout the estimated period. Furthermore, continuous research and development, especially focusing on recycling Caprolactam, is expected to generate profitable growth possibilities for the market throughout the forecast period. There are a number of constraints and problems that could stymie market expansion. Moisture absorption, which diminishes Caprolactam's characteristics, is expected to be a market limitation.
Market Segmentation:
Segmentation by raw material
Segmentation by application
Segmentation by end use
The major players in the global Caprolactam market include BASF SE, China Petroleum & Chemical Corporation, China Petrochemical Development Corporation, Honeywell International Inc., KuibyshevAzot OJSC, Royal DSM N.V., UBE Industries, SINOPEC among others.
Furthermore, features of nylon fibres and resins such as high strength, elasticity, abrasion resistance, chemical & oil resistance, and low moisture absorbency are expected to fuel the market throughout the estimated period. Furthermore, continuous research and development, especially focusing on recycling Caprolactam, is expected to generate profitable growth possibilities for the market throughout the forecast period. There are a number of constraints and problems that could stymie market expansion. Moisture absorption, which diminishes Caprolactam's characteristics, is expected to be a market limitation.
Market Segmentation:
Segmentation by raw material
- Cyclohexane
- Phenol
- Toluene
- Nylon 6 fibers
- Nylon 6 resins
- Others
- Textile yarn
- Industrial yarn
- Engineering plastics
- Carpet fibers & staple fibers
The major players in the global Caprolactam market include BASF SE, China Petroleum & Chemical Corporation, China Petrochemical Development Corporation, Honeywell International Inc., KuibyshevAzot OJSC, Royal DSM N.V., UBE Industries, SINOPEC among others.
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