Caprolactam Market Size, Share & Trends Analysis Report By Application (Textile Yarn, Industrial Yarn, Engineering Plastics), By End-use (Automotive, Film & Coatings, Others), By Region, And Segment Forecasts, 2024

Description

Caprolactam Market Growth & Trends:

The global caprolactam market size is anticipated to reach USD 21.5 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 5.1% from 2024 to 2030. Rising need for nylon 6 resins and fibers, on account of the growing electronics industry in China, has resulted in a significant increase in demand for the product over the past few years.

Growth of the automotive industry, particularly in emerging economies of China, Brazil, and India, coupled with rising disposable income of consumers, is expected to augment engineering plastics demand. The development of the fabrics industry is also anticipated to result in high product demand over the forecast years. Nylon 6 is employed in numerous applications including the production of industrial yarns, floor coverings, engineering plastics, and films. Growth in these end-use segments is expected to augment product demand, which will further have a positive impact on the industry growth over the forecast years.

Caprolactam manufacturing requires low technical complexity and low initial infrastructure investment. High demand for nylon 6 resins and fibers has resulted in a significant demand for the product over the past few years, and this trend is expected to continue over the forecast period. In addition, technological innovations to improve the manufacturing process to minimize the release of ammonium sulfate (by-product), due to its hazardous nature, are expected to have a positive impact on the industry.

The textile yarn was the largest application segment of caprolactam in 2023. Caprolactam is extensively used in the production of nylon 6 fibers. Nylon fabric is employed in the manufacturing of various apparel including sportswear, cyclewear, and swimwear. In addition, nylon 6 fibers are used in manufacturing house furnishings. The growing demand for nylon fabric in the textile industry is expected to augment product demand over the next seven years.

Asia Pacific was the largest market for caprolactam in 2023, and this trend is expected to continue over the forecast period. Growth of the textile industry, coupled with the growing automotive sector especially in India and China, is expected to positively impact the market. In addition, the encouragement of FDI in the automobile sector in India is expected to drive production in the country, thus driving the demand for caprolactum.

Caprolactam Market Report Highlights:

The textile yarn segment dominated the market in 2023, with a share of 34.8% in 2023 attributed to the increased use of caprolactam in producing nylon 6.
The automotive segment dominated the market in 2023, with a share of 27.0% in 2023 owing to the growth in the automotive industry and increased demand for nylon 6.
The film and coating segment is projected to grow at a CAGR of 5.9% during the forecast period.
Asia Pacific dominated the caprolactam market with a market share of 76.0% in 2023. This market growth resulted from rapid industrialization and increased demand for caprolactam in various industries such as automotive and construction.

Product Code: 978-1-68038-498-7

Chapter 1. Methodology and Scope

1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. Caprolactam Market Variables, Trends, & Scope

3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million, Volume in Kilotons)
3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
3.4. Caprolactam Market Analysis Tools
- 3.4.1. Porter's Analysis
  - 3.4.1.1. Bargaining power of the suppliers
  - 3.4.1.2. Bargaining power of the buyers
  - 3.4.1.3. Threats of substitution
  - 3.4.1.4. Threats from new entrants
  - 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
  - 3.4.2.1. Political landscape
  - 3.4.2.2. Economic and Social landscape
  - 3.4.2.3. Technological landscape
  - 3.4.2.4. Environmental landscape
  - 3.4.2.5. Legal landscape

Chapter 4. Caprolactam Market: Application Estimates & Trend Analysis

4.1. Segment Dashboard
4.2. Caprolactam Market: Application Movement Analysis, USD Million, Volume in Kilotons, 2023 & 2030
4.3. Textile Yarn
- 4.3.1. Textile Yarn Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
4.4. Industrial Yarn
- 4.4.1. Industrial Yarn Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
4.5. Engineering Plastics
- 4.5.1. Engineering Platics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
4.6. Other Applications
- 4.6.1. Other Applications Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)

Chapter 5. Caprolactam Market: End Use Estimates & Trend Analysis

5.1. Segment Dashboard
5.2. Caprolactam Market: End Use Movement Analysis, USD Million, Volume in Kilotons, 2023 & 2030
5.3. Automotive
- 5.3.1. Automotive Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
5.4. Film & Coating
- 5.4.1. Film & Coating Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
5.5. Industrial
- 5.5.1. Industrial Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
5.6. Electronics & Electrical
- 5.6.1. Electronics & Electrical Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
5.7. Consumer Goods
- 5.7.1. Consumer Goods Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
5.8. Textile & Carpet
- 5.8.1. Textile & Carpet Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
5.9. Other End Uses
- 5.9.1. Other End Uses Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)

Chapter 6. Caprolactam Market: Regional Estimates & Trend Analysis

6.1. Caprolactam Market Share, By Region, 2023 & 2030, USD Million, Volume in Kilotons
6.2. North America
- 6.2.1. North America Caprolactam Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
- 6.2.2. U.S.
  - 6.2.2.1. U.S. Caprolactam Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
- 6.2.3. Canada
  - 6.2.3.1. Canada Caprolactam Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
- 6.2.4. Mexico
  - 6.2.4.1. Mexico Caprolactam Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
6.3. Europe
- 6.3.1. Europe Caprolactam Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
- 6.3.2. Germany
  - 6.3.2.1. Germany Caprolactam Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
- 6.3.3. UK
  - 6.3.3.1. UK Caprolactam Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
- 6.3.4. France
  - 6.3.4.1. France Caprolactam Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
- 6.3.5. Italy
  - 6.3.5.1. Italy Caprolactam Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
- 6.3.6. Spain
  - 6.3.6.1. Spain Caprolactam Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
6.4. Asia Pacific
- 6.4.1. Asia Pacific Caprolactam Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
- 6.4.2. China
  - 6.4.2.1. China Caprolactam Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
- 6.4.3. India
  - 6.4.3.1. India Caprolactam Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
- 6.4.4. Japan
  - 6.4.4.1. Japan Caprolactam Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
- 6.4.5. South Korea
  - 6.4.5.1. South Korea Caprolactam Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
6.5. Latin America
- 6.5.1. Latin America Caprolactam Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
- 6.5.2. Brazil
  - 6.5.2.1. Brazil Caprolactam Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
- 6.5.3. Argentina
  - 6.5.3.1. Argentina Caprolactam Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
6.6. Middle East and Africa
- 6.6.1. Middle East and Africa Caprolactam Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
- 6.6.2. Saudi Arabia
  - 6.6.2.1. Saudi Arabia Caprolactam Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)
- 6.6.3. South Africa
  - 6.6.3.1. South Africa Caprolactam Market Estimates and Forecasts, 2018 - 2030 (USD Million, Volume in Kilotons)

Chapter 7. Competitive Landscape

7.1. Recent Developments & Impact Analysis by Key Market Participants
7.2. Company Categorization
7.3. Company Heat Map Analysis
7.4. Company Profiles
- 7.4.1. UBE Corporation
  - 7.4.1.1. Participant's Overview
  - 7.4.1.2. Financial Performance
  - 7.4.1.3. Product Benchmarking
  - 7.4.1.4. Recent Developments/ Strategic Initiatives
- 7.4.2. Advansix
  - 7.4.2.1. Participant's Overview
  - 7.4.2.2. Financial Performance
  - 7.4.2.3. Product Benchmarking
  - 7.4.2.4. Recent Developments/ Strategic Initiatives
- 7.4.3. BASF SE
  - 7.4.3.1. Participant's Overview
  - 7.4.3.2. Financial Performance
  - 7.4.3.3. Product Benchmarking
  - 7.4.3.4. Recent Developments/ Strategic Initiatives
- 7.4.4. DOMO Chemicals
  - 7.4.4.1. Participant's Overview
  - 7.4.4.2. Financial Performance
  - 7.4.4.3. Product Benchmarking
  - 7.4.4.4. Recent Developments/ Strategic Initiatives
- 7.4.5. Valco Group
  - 7.4.5.1. Participant's Overview
  - 7.4.5.2. Financial Performance
  - 7.4.5.3. Product Benchmarking
  - 7.4.5.4. Recent Developments/ Strategic Initiatives
- 7.4.6. SPOLANA
  - 7.4.6.1. Participant's Overview
  - 7.4.6.2. Financial Performance
  - 7.4.6.3. Product Benchmarking
  - 7.4.6.4. Recent Developments/ Strategic Initiatives
- 7.4.7. Zhengzhou Meiya Chemical Products Co.,Ltd
  - 7.4.7.1. Participant's Overview
  - 7.4.7.2. Financial Performance
  - 7.4.7.3. Product Benchmarking
  - 7.4.7.4. Recent Developments/ Strategic Initiatives
- 7.4.8. LUXI GROUP
  - 7.4.8.1. Participant's Overview
  - 7.4.8.2. Financial Performance
  - 7.4.8.3. Product Benchmarking
  - 7.4.8.4. Recent Developments/ Strategic Initiatives
- 7.4.9. Caprolactam Chemicals Ltd.
  - 7.4.9.1. Participant's Overview
  - 7.4.9.2. Financial Performance
  - 7.4.9.3. Product Benchmarking
  - 7.4.9.4. Recent Developments/ Strategic Initiatives
- 7.4.10. Gujarat State Fertilizers & Chemicals Limited
  - 7.4.10.1. Participant's Overview
  - 7.4.10.2. Financial Performance
  - 7.4.10.3. Product Benchmarking
  - 7.4.10.4. Recent Developments/ Strategic Initiatives

Caprolactam Market Size, Share & Trends Analysis Report By Application (Textile Yarn, Industrial Yarn, Engineering Plastics), By End-use (Automotive, Film & Coatings, Others), By Region, And Segment Forecasts, 2024 - 2030