Global Caprolactam Market, Size, Trends , By Raw Material (Phenol and Cyclohexane), By End Product (Nylon 6 Resins, Nylon 6 Fibers and Other End Products), By Application (Engineering Resins and Films, Industrial Yarns Textiles and Carpets and Other Applications) , By End Use (Textile Yarn, Textile Stiffeners, Film Coatings, Synthetic Leather, Plastics, Plasticizers, Others) and By Region (North America, Latin America, Europe, Asia Pacific, Central America and Africa): Global Opportunity Analysis and Industry forecast, 2023-2030.
Global Caprolactam Market
With a CAGR of 5.95 % from 2023 to 2030, the Global Caprolactam Market is expected to grow from its estimated value of US$ 15 Bn in 2022 to US$ 26 Bn by 2030.
An example of an organic compound is caprolactum, which is used to make nylon 6 fibre and resin. The demand for nylon 6 resin and nylon 6 fibres has increased in the textile and automotive industries as a result of its exceptional elasticity, tensile strength, chemical and oil resistance, and low moisture absorbency. Nylon 6 is replacing caprolactum in many automobiles because of its great chemical and thermal resistance. Due to their less weight than metal tubes, they are also utilised in electronic and electrical equipment such switchgears, circuit breakers, contractors, and connections.
Market Drivers
The use of nylon fabric in industrial yarn is expanding in the manufacture of conveyor belts, ropes, cables, clothing for packaging, and mechanical rubber items. During the forecast period, increasing nylon fabric demand because of qualities like high tensile strength, abrasion resistance, flexibility, and heat resistance is predicted to have a favourable effect on the caprolactam market.
Manufacturers of caprolactams use major strategies such technology releases, acquisitions, and R&D operations to increase their market share. For instance, Project EFFECTIVE has been announced as being formed by Genomatica and Aquafil. This multi-company partnership aims to use bio-based technology and renewable feedstocks to produce more environmentally friendly polymers and fibres for commercial use. Making more sustainable nylon from caprolactam derived from biomaterials is one of Project EFFECTIVE's key objectives. Thus, it is projected that the market growth rate would be driven by the rising demand for sustainable and bio-based products.
Market Restraints
During the anticipated time, it is anticipated that fluctuation in the price of raw materials such cyclohexane, ammonia, and phenol will be the main factor limiting market growth. Further limiting the market's growth during the aforementioned projection period are China's tight usage laws and regulations for caprolactam as well as ongoing moisture absorption that causes degradation.
Market Segmentation
The scope of the Global Caprolactam Market covers segmentation based on By Raw Material, By End Product, By Application, By End Use and By Region.
By Raw Material, the market is segmented into Phenol and Cyclohexane. By End Product, the market is segmented into Nylon 6 Resins, Nylon 6 Fibers and Other End Products. By Application, the market is segmented into Engineering Resins and Films, Industrial Yarns Textiles and Carpets, and Other Applications. By End Use, the market is segmented into Textile Yarn, Textile Stiffeners, Film Coatings, Synthetic Leather, Plastics, Plasticizers, Others.
Regional Analysis
The Global Caprolactam Market is segmented into 5 main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Due to the region's fast industrialization, which has led to the development of numerous factories producing appliances and automobiles as well as the rising demand for passenger vehicles in China and India, Asia-Pacific is predicted to dominate the caprolactam market. The expanding need for plastics in the construction, electrical & electronics, automotive, and textile industries will also contribute to the market expansion in this area.
Due to the region's rising need for lightweight materials, expanding use of coatings and films, and expanding demand for light-weight automotive vehicles, North America and Europe are anticipated to have the quickest growth throughout the projected period.
Key Players
BASF SE, Honeywell International Inc, Kuibyshevazot, China Petroleum & Chemical Corporation, LANXESS, DSM, Toray Industries Inc, Sumitomo Chemical, China Petrochemical Development Corporation, UBE Corporation.
Market Taxonomy
By Raw Material
- Phenol
- Cyclohexane
- Nylon 6 Resins
- Nylon 6 Fibers
- Other End Products
- Engineering Resins and Films
- Industrial Yarns Textiles and Carpets
- Other Applications
- Textile Yarn
- Textile Stiffeners
- Film Coatings
- Synthetic Leather
- Plastics
- Plasticizers
- Others
- North America
- U.S.
- Canada
- Mexico
- Latin America
- Brazil
- Argentina
- Colombia
- Peru
- Chile
- Venezuela
- Rest of Latin America
- Europe
- Germany
- France
- UK
- Russia
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- New Zealand
- Singapore
- Malaysia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest Middle East & Africa
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Caprolactam Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.2.4 Cumulative Impact due to recent Energy Crisis
- 4.2.5 Cumulative Impact due to nearing Economic Downturn
- 4.2.6 Post Covid-19 World Supply and Demand Conditions
- 4.2.7 Cumulative Impact of Russia-Ukraine Conflict
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Caprolactam Market, By Raw Material
- 5.1 Y-o-Y Growth Comparison, By Raw Material
- 5.2 Global Caprolactam Market Share Analysis, By Raw Material
- 5.3 Global Caprolactam Market Size and Forecast, By Raw Material
- 5.3.1 Phenol
- 5.3.2 Cyclohexane
- 6 Global Caprolactam Market, By End Product
- 6.1 Y-o-Y Growth Comparison, By End Product
- 6.2 Global Caprolactam Market Share Analysis, By End Product
- 6.3 Global Caprolactam Market Size and Forecast, By End Product
- 6.3.1 Nylon 6 Resins
- 6.3.2 Nylon 6 Fibers
- 6.3.3 Other End Products
- 7 Global Caprolactam Market, By Application
- 7.1 Y-o-Y Growth Comparison, By Application
- 7.2 Global Caprolactam Market Share Analysis, By Application
- 7.3 Global Caprolactam Market Size and Forecast, By Application
- 7.3.1 Engineering Resins and Films
- 7.3.2 Industrial Yarns Textiles and Carpets
- 7.3.3 Other Applications
- 8 Global Caprolactam Market, By End Use
- 8.1 Y-o-Y Growth Comparison, By End Use
- 8.2 Global Caprolactam Market Share Analysis, By End Use
- 8.3 Global Caprolactam Market Size and Forecast, By End Use
- 8.3.1 Textile Yarn
- 8.3.2 Textile Stiffeners
- 8.3.3 Film Coatings
- 8.3.4 Synthetic Leather
- 8.3.5 Plastics
- 8.3.6 Plasticizers
- 8.3.7 Others
- 9 Global Caprolactam Market, By Region
- 9.1 Global Caprolactam Market Share Analysis, By Region
- 9.2 Global Caprolactam Market Share Analysis, By Region
- 9.3 Global Caprolactam Market Size and Forecast, By Region
- 10 North America Caprolactam Market Analysis and Forecast (2023-2030)
- 10.1 Introduction
- 10.2 North America Caprolactam Market Share Analysis, By Raw Material
- 10.3 North America Caprolactam Market Share Analysis, By End Product
- 10.4 North America Caprolactam Market Share Analysis, By Application
- 10.5 North America Caprolactam Market Share Analysis, By End Use
- 10.6 North America Caprolactam Market Size and Forecast, By Country
- 10.6.1 U.S.
- 10.6.1.1 Market Size and Forecast, By Raw Material
- 10.6.1.2 Market Size and Forecast, By End Product
- 10.6.1.3 Market Size and Forecast, By Application
- 10.6.1.4 Market Size and Forecast, By End Use
- 10.6.2 Canada
- 10.6.2.1 Market Size and Forecast, By Raw Material
- 10.6.2.2 Market Size and Forecast, By End Product
- 10.6.2.3 Market Size and Forecast, By Application
- 10.6.2.4 Market Size and Forecast, By End Use
- 10.6.3 Mexico
- 10.6.3.1 Market Size and Forecast, By Raw Material
- 10.6.3.2 Market Size and Forecast, By End Product
- 10.6.3.3 Market Size and Forecast, By Application
- 10.6.3.4 Market Size and Forecast, By End Use
- 11 Europe Caprolactam Market Analysis and Forecast (2023-2030)
- 11.1 Introduction
- 11.2 Europe Caprolactam Market Share Analysis, By Raw Material
- 11.3 Europe Caprolactam Market Share Analysis, By End Product
- 11.4 Europe Caprolactam Market Share Analysis, By Application
- 11.5 Europe Caprolactam Market Share Analysis, By End Use
- 11.6 Europe Caprolactam Market Size and Forecast, By Country
- 11.6.1 Germany
- 11.6.1.1 Market Size and Forecast, By Raw Material
- 11.6.1.2 Market Size and Forecast, By End Product
- 11.6.1.3 Market Size and Forecast, By Application
- 11.6.1.4 Market Size and Forecast, By End Use
- 11.6.2 France
- 11.6.2.1 Market Size and Forecast, By Raw Material
- 11.6.2.2 Market Size and Forecast, By End Product
- 11.6.2.3 Market Size and Forecast, By Application
- 11.6.2.4 Market Size and Forecast, By End Use
- 11.6.3 UK
- 11.6.3.1 Market Size and Forecast, By Raw Material
- 11.6.3.2 Market Size and Forecast, By End Product
- 11.6.3.3 Market Size and Forecast, By Application
- 11.6.3.4 Market Size and Forecast, By End Use
- 11.6.4 Russia
- 11.6.4.1 Market Size and Forecast, By Raw Material
- 11.6.4.2 Market Size and Forecast, By End Product
- 11.6.4.3 Market Size and Forecast, By Application
- 11.6.4.4 Market Size and Forecast, By End Use
- 11.6.5 Italy
- 11.6.5.1 Market Size and Forecast, By Raw Material
- 11.6.5.2 Market Size and Forecast, By End Product
- 11.6.5.3 Market Size and Forecast, By Application
- 11.6.5.4 Market Size and Forecast, By End Use
- 11.6.6 Spain
- 11.6.6.1 Market Size and Forecast, By Raw Material
- 11.6.6.2 Market Size and Forecast, By End Product
- 11.6.6.3 Market Size and Forecast, By Application
- 11.6.6.4 Market Size and Forecast, By End Use
- 11.6.7 Rest of Europe
- 11.6.7.1 Market Size and Forecast, By Raw Material
- 11.6.7.2 Market Size and Forecast, By End Product
- 11.6.7.3 Market Size and Forecast, By Application
- 11.6.7.4 Market Size and Forecast, By End Use
- 12 Asia Pacific Caprolactam Market Analysis and Forecast (2023-2030)
- 12.1 Introduction
- 12.2 Asia Pacific Caprolactam Market Share Analysis, By Raw Material
- 12.3 Asia Pacific Caprolactam Market Share Analysis, By End Product
- 12.4 Asia Pacific Caprolactam Market Share Analysis, By Application
- 12.5 Asia Pacific Caprolactam Market Share Analysis, By End Use
- 12.6 Asia Pacific Caprolactam Market Size and Forecast, By Country
- 12.6.1 China
- 12.6.1.1 Market Size and Forecast, By Raw Material
- 12.6.1.2 Market Size and Forecast, By End Product
- 12.6.1.3 Market Size and Forecast, By Application
- 12.6.1.4 Market Size and Forecast, By End Use
- 12.6.2 Japan
- 12.6.2.1 Market Size and Forecast, By Raw Material
- 12.6.2.2 Market Size and Forecast, By End Product
- 12.6.2.3 Market Size and Forecast, By Application
- 12.6.2.4 Market Size and Forecast, By End Use
- 12.6.3 India
- 12.6.3.1 Market Size and Forecast, By Raw Material
- 12.6.3.2 Market Size and Forecast, By End Product
- 12.6.3.3 Market Size and Forecast, By Application
- 12.6.3.4 Market Size and Forecast, By End Use
- 12.6.4 South Korea
- 12.6.4.1 Market Size and Forecast, By Raw Material
- 12.6.4.2 Market Size and Forecast, By End Product
- 12.6.4.3 Market Size and Forecast, By Application
- 12.6.4.4 Market Size and Forecast, By End Use
- 12.6.5 Australia
- 12.6.5.1 Market Size and Forecast, By Raw Material
- 12.6.5.2 Market Size and Forecast, By End Product
- 12.6.5.3 Market Size and Forecast, By Application
- 12.6.5.4 Market Size and Forecast, By End Use
- 12.6.6 New Zealand
- 12.6.6.1 Market Size and Forecast, By Raw Material
- 12.6.6.2 Market Size and Forecast, By End Product
- 12.6.6.3 Market Size and Forecast, By Application
- 12.6.6.4 Market Size and Forecast, By End Use
- 12.6.7 Singapore
- 12.6.7.1 Market Size and Forecast, By Raw Material
- 12.6.7.2 Market Size and Forecast, By End Product
- 12.6.7.3 Market Size and Forecast, By Application
- 12.6.7.4 Market Size and Forecast, By End Use
- 12.6.8 Malaysia
- 12.6.8.1 Market Size and Forecast, By Raw Material
- 12.6.8.2 Market Size and Forecast, By End Product
- 12.6.8.3 Market Size and Forecast, By Application
- 12.6.8.4 Market Size and Forecast, By End Use
- 12.6.9. Rest of Asia
- 12.6.9.1 Market Size and Forecast, By Raw Material
- 12.6.9.2 Market Size and Forecast, By End Product
- 12.6.9.3 Market Size and Forecast, By Application
- 12.6.9.4 Market Size and Forecast, By End Use
- 13 Latin America Caprolactam Market Analysis and Forecast (2023-2030)
- 13.1 Introduction
- 13.2 Latin America Caprolactam Market Share Analysis, By Raw Material
- 13.3 Latin America Caprolactam Market Share Analysis, By End Product
- 13.4 Latin America Caprolactam Market Share Analysis, By Application
- 13.5 Latin America Caprolactam Market Share Analysis, By End Use
- 13.6 Latin America Caprolactam Market Size and Forecast, Country
- 13.6.1. Brazil
- 13.6.1.1 Market Size and Forecast, By Raw Material
- 13.6.1.2 Market Size and Forecast, By End Product
- 13.6.1.3 Market Size and Forecast, By Application
- 13.6.1.4 Market Size and Forecast, By End Use
- 13.6.2 Argentina
- 13.6.2.1 Market Size and Forecast, By Raw Material
- 13.6.2.2 Market Size and Forecast, By End Product
- 13.6.2.3 Market Size and Forecast, By Application
- 13.6.2.4 Market Size and Forecast, By End Use
- 13.6.3 Colombia
- 13.6.3.1 Market Size and Forecast, By Raw Material
- 13.6.3.2 Market Size and Forecast, By End Product
- 13.6.3.3 Market Size and Forecast, By Application
- 13.6.3.4 Market Size and Forecast, By End Use
- 13.6.4 Peru
- 13.6.4.1 Market Size and Forecast, By Raw Material
- 13.6.4.2 Market Size and Forecast, By End Product
- 13.6.4.3 Market Size and Forecast, By Application
- 13.6.4.4 Market Size and Forecast, By End Use
- 13.6.5 Chile
- 13.6.5.1 Market Size and Forecast, By Raw Material
- 13.6.5.2 Market Size and Forecast, By End Product
- 13.6.5.3 Market Size and Forecast, By Application
- 13.6.5.4 Market Size and Forecast, By End Use
- 13.6.6 Venezuela
- 13.6.6.1 Market Size and Forecast, By Raw Material
- 13.6.6.2 Market Size and Forecast, By End Product
- 13.6.6.3 Market Size and Forecast, By Application
- 13.6.6.4 Market Size and Forecast, By End Use
- 13.6.7. Rest of Latin America
- 13.6.7.1 Market Size and Forecast, By Raw Material
- 13.6.7.2 Market Size and Forecast, By End Product
- 13.6.7.3 Market Size and Forecast, By Application
- 13.6.7.4 Market Size and Forecast, By End Use
- 14 Middle East Caprolactam Market Analysis and Forecast (2023-2030)
- 14.1 Introduction
- 14.2 Middle East Caprolactam Market Share Analysis, By Raw Material
- 14.3 Middle East Caprolactam Market Size and Forecast, By End Product
- 14.4 Middle East Caprolactam Market Size and Forecast, By Application
- 14.5 Middle East Caprolactam Market Size and Forecast, By End Use
- 14.6 Middle East Caprolactam Market Size and Forecast, By Country
- 14.6.1. Saudi Arabia
- 14.6.1.1 Market Size and Forecast, By Raw Material
- 14.6.1.2 Market Size and Forecast, By End Product
- 14.6.1.3 Market Size and Forecast, By Application
- 14.6.1.4 Market Size and Forecast, By End Use
- 14.6.2. UAE
- 14.6.2.1 Market Size and Forecast, By Raw Material
- 14.6.2.2 Market Size and Forecast, By End Product
- 14.6.2.3 Market Size and Forecast, By Application
- 14.6.2.4 Market Size and Forecast, By End Use
- 14.6.3. Egypt
- 14.6.3.1 Market Size and Forecast, By Raw Material
- 14.6.3.2 Market Size and Forecast, By End Product
- 14.6.3.3 Market Size and Forecast, By Application
- 14.6.3.4 Market Size and Forecast, By End Use
- 14.6.4. Kuwait
- 14.6.4.1 Market Size and Forecast, By Raw Material
- 14.6.4.2 Market Size and Forecast, By End Product
- 14.6.4.3 Market Size and Forecast, By Application
- 14.6.4.4 Market Size and Forecast, By End Use
- 14.6.5. South Africa
- 14.6.5.1 Market Size and Forecast, By Raw Material
- 14.6.5.2 Market Size and Forecast, By End Product
- 14.6.5.3 Market Size and Forecast, By Application
- 14.6.5.4 Market Size and Forecast, By End Use
- 14.6.6 Rest of Middle East & Africa
- 14.6.6.1 Market Size and Forecast, By Raw Material
- 14.6.6.2 Market Size and Forecast, By End Product
- 14.6.6.3 Market Size and Forecast, By Application
- 14.6.6.4 Market Size and Forecast, By End Use
- 15 Competitive Analysis
- 15.1 Competition Dashboard
- 15.2 Market share Analysis of Top Vendors
- 15.3 Key Development Strategies
- 16 Company Profiles
- 16.1 BASF SE
- 16.1.1 Overview
- 16.1.2 Offerings
- 16.1.3 Key Financials
- 16.1.4 Business Segment & Geographic Overview
- 16.1.5 Key Market Developments
- 16.1.6 Key Strategies
- 16.2 Honeywell International Inc
- 16.2.1 Overview
- 16.2.2 Offerings
- 16.2.3 Key Financials
- 16.2.4 Business Segment & Geographic Overview
- 16.2.5 Key Market Developments
- 16.2.6 Key Strategies
- 16.3 Kuibyshevazot
- 16.3.1 Overview
- 16.3.2 Offerings
- 16.3.3 Key Financials
- 16.3.4 Business Segment & Geographic Overview
- 16.3.5 Key Market Developments
- 16.3.6 Key Strategies
- 16.4 China Petroleum & Chemical Corporation
- 16.4.1 Overview
- 16.4.2 Offerings
- 16.4.3 Key Financials
- 16.4.4 Business Segment & Geographic Overview
- 16.4.5 Key Market Developments
- 16.4.6 Key Strategies
- 16.5 LANXESS
- 16.5.1 Overview
- 16.5.2 Offerings
- 16.5.3 Key Financials
- 16.5.4 Business Segment & Geographic Overview
- 16.5.5 Key Market Developments
- 16.5.6 Key Strategies
- 16.TSM
- 16.6.1 Overview
- 16.6.2 Offerings
- 16.6.3 Key Financials
- 16.6.4 Business Segment & Geographic Overview
- 16.6.5 Key Market Developments
- 16.6.6 Key Strategies
- 16.7 Toray Industries Inc
- 16.7.1 Overview
- 16.7.2 Offerings
- 16.7.3 Key Financials
- 16.7.4 Business Segment & Geographic Overview
- 16.7.5 Key Market Developments
- 16.7.6 Key Strategies
- 16.8 Sumitomo Chemical
- 16.8.1 Overview
- 16.8.2 Offerings
- 16.8.3 Key Financials
- 16.8.4 Business Segment & Geographic Overview
- 16.8.5 Key Market Developments
- 16.8.6 Key Strategies
- 16.9 China Petrochemical Development Corporation
- 16.9.1 Overview
- 16.9.2 Offerings
- 16.9.3 Key Financials
- 16.9.4 Business Segment & Geographic Overview
- 16.9.5 Key Market Developments
- 16.9.6 Key Strategies
- 16.10 UBE Corporation.
- 16.10.1 Overview
- 16.10.2 Offerings
- 16.10.3 Key Financials
- 16.10.4 Business Segment & Geographic Overview
- 16.10.5 Key Market Developments Global Caprolactam Market
- 16.10.6 Key Strategies
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