Global Caprolactam Market Information-by Source (phenol, toluene and cyclohexane), by End-Use (textile yarns, textile stiffeners, film coatings, synthetic leather, plastics, plasticizers and others) and by Region - Forecast till 2022
Caprolactam is an organic compound with the molecular formula ((CH2)5CNH). It is a colorless solid and a lactam of caproic acid. Caprolactam possess irritant properties and is mildly toxic.
Caprolactam is used in various end user industries such as tire cords, films & coatings, consumer goods, wires & cables, monomer castings and molding engineered components and others. Growing demand for caprolactam is due to it is as a raw material to produce Nylon 6 fibers and Nylon 6 resins coupled with continuing growth in end use industries are some of the major factors expected to support the country's caprolactam market during the forecasted period . Moreover, growing textile industry coupled with favorable government initiatives are expected to boost the demand for caprolactam in the country during 2016-2022.
Test the market data and market information presented through more than 50 market data tables and figures spread over 125 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on” Global Caprolactam Market Research Report- Forecast to 2022”
Major Key players
• BASF SE
• Honeywell International Inc
• Kuibyshevazot Ojsc
• China Petroleum & Chemical Corporation (Sinopec Limited)
• Lanxess Ag, Royal DSM N.V.
• Shandong Haili Chemical Industry Co. Ltd.
• Sumitomo Chemical Company Limited
• UBE Industries
• China Petrochemical Development Corporation (CPDC)
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The Asia-Pacific Caprolactam Market is expected to grow at the CAGR 4.8% due to high production growth rate in the automotive industry in the region. The report estimates the size of the caprolactam market, both in terms of volume and value. Asia-Pacific caprolactam market is estimated to reach USD 10,102 million by 2022. The key driver of the market is the growing demand from the automotive, electrical & electronics market
China's demand for caprolactam has been growing at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption and capital investment for over two decades. MRFR analysis China's economic trends, investment environment, industry development, supply and demand, and industry structure.
Textile yarn was the second largest market in 2016, accounting for over XX% of volume share in 2016 growing demand for textile yarn for manufacturing apparels, sportswear, fashion wear and swimwear is expected to have a positive impact on the industry over the forecast period.
Industrial yarn was the second largest end-use valued over USD 2.08 billion in 2016. Besides increasing consumption of industrial yarn for manufacturing cordage, slings, mechanical rubber goods and geotextiles is expected to result in increasing requirement of the chemical over forecasted period.
BASF SE, China Petroleum & Chemical Corporation, China Petrochemical Development Corporation, Honeywell International Inc., KuibyshevAzot OJSC and DSM dominated the global caprolactam market share in 2016.
Companies including BASF and DSM are integrated across numerous stages of the value chain. These companies are engaged in raw material production, which are consumed for manufacturing caprolactam. Integration across numerous stages of the value chain results in continuous raw material supply including ammonia and cyclohexane
• High caprolactam manufacturers
• Traders and distributors of high caprolactam
• Application industries
• Potential investors
• Raw material suppliers
• Nationalized laboratory
The Global Caprolactam Market is majorly segmented on the basis of source and end-use. Based on source of caprolactam the market is segmented into phenol, toluene and cyclohexane. Similarly, on the basis of end-use the market is classified into textile yarns, textile stiffeners, film coatings, synthetic leather, plastics, plasticizers and others.
The report about Global Caprolactam Market by Market Research Future comprises of extensive primary research along with detail analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report further provides detail information about strategies used by top key players in the industry. It also gives a broad study about different market segments and regions.
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by kiran (a month ago!)