Global Caprolactam Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Caprolactam Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Raw Material (Phenol, and Cyclohexane), End Product (Nylon 6 Resins, Nylon 6 Fibers, and Other End Products), Application (Engineering Resins and Films, Industrial Yarns, Textiles and Carpets, and Other Applications), End-user Industry (Automotive, Carpet, Textile, and Other End-User Industries), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Caprolactam Market was valued at USD 15,617.6 million in 2023 and is expected to reach USD 20,724.9 million by 2031 while growing at a CAGR of 3.6% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global caprolactam market growth. Caprolactam, with the molecular formula C₆H₁₁NO, belongs to the lactam group of organic compounds, specifically derived from caproic acid. It serves as a crucial intermediate in the production of nylon 6, a synthetic polymer.
Increasing expansion or contraction in the textile sector and industrial and packaging applications drive the caprolactam market's growth. However, obstacles like raw material price volatility and environmental concerns may hinder market expansion.
Furthermore, the global caprolactam industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Raw Material Analysis
The Global Caprolactam Market is segmented among Phenol, and Cyclohexane, based on Raw Material. In 2023, Phenol accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By End Product Analysis
The Global Caprolactam Market is segmented among Nylon 6 Resins, Nylon 6 Fibers, and Other End Products, based on End Product. In 2023, Nylon 6 Resins accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Caprolactam Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are AdvanSix Inc., Alpek S.A.B. de CV, BASF SE, Capro Co., China Petrochemical Development Corporation, China Petroleum & Chemical Corporation (Sinopec), Domo Chemicals, Fertilisers and Chemicals Travancore Limited (FACT), Fibrant, and Fujian Jinjiang Petrochemical.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Caprolactam Market Dynamics
Drivers
Restraints
Opportunity
4. Global Caprolactam Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Caprolactam Market Segmentation, By Raw Material
Global Caprolactam Market Share Analysis, By Raw Material
Global Caprolactam Market Growth Analysis, By Raw Material
Global Caprolactam Market Trends, By Raw Material
o Phenol
o Cyclohexane
6. Global Caprolactam Market Segmentation, By End Product
Global Caprolactam Market Share Analysis, By End Product
Global Caprolactam Market Growth Analysis, By End Product
Global Caprolactam Market Trends, By End Product
o Nylon 6 Resins
o Nylon 6 Fibers
o Other End Products
7. Global Caprolactam Market Segmentation, By Application
Global Caprolactam Market Share Analysis, By Application
Global Caprolactam Market Growth Analysis, By Application
Global Caprolactam Market Trends, By Application
o Engineering Resins and Films
o Industrial Yarns
o Textiles and Carpets
o Other Applications
8. Global Caprolactam Market Segmentation, By End-user Industry
Global Caprolactam Market Share Analysis, By End-user Industry
Global Caprolactam Market Growth Analysis, By End-user Industry
Global Caprolactam Market Trends, By End-user Industry
o Automotive
o Carpet
o Textile
o Other End-User Industries
9. Global Caprolactam Market Segmentation, By Region
Global Caprolactam Market Share Analysis, By Region
Global Caprolactam Market Growth Analysis, By Region
Global Caprolactam Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
10. Competitive Landscape
AdvanSix Inc.*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Alpek S.A.B. de CV
BASF SE
Capro Co.
China Petrochemical Development Corporation
China Petroleum & Chemical Corporation (Sinopec)
Domo Chemicals
Fertilisers And Chemicals Travancore Limited (FACT)
Fibrant
Fujian Jinjiang Petrochemical
*Similar analysis will be provided for each company listed above.