Global Caprolactam Market Projected to Reach USD 22.31 Billion by 2030 with a CAGR of 5.17%
The global Caprolactam market, which was valued at USD 15.68 billion in 2023, is expected to experience substantial growth, reaching nearly USD 22.31 billion by 2030. The market is projected to grow at a CAGR of 5.17% during the forecast period from 2024 to 2030, driven by increasing demand in various applications such as engineering resins, synthetic leather, and textiles.
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Market Size
The Caprolactam market has been steadily growing, with a valuation of USD 15.68 billion in 2023. With a forecasted CAGR of 5.17%, the market is expected to reach USD 22.31 billion by 2030. This growth is attributed to the rising demand for Nylon 6 fibers and resins, particularly in the automotive, textile, and industrial sectors.
Overview
The "Global Caprolactam Market Analysis" report offers a comprehensive examination of market trends and dynamics, providing a detailed overview of key market drivers, opportunities, and challenges. The report emphasizes the market's rapid expansion and the critical role of Caprolactam in various end-use industries.
Market Scope
Utilizing both top-down and bottom-up approaches, the report validates and estimates the market size across different segments. The analysis includes the market's overall value, segment-wise breakdowns, and geographical distribution. The report's findings are based on the sale price, excluding any discounts, and are further segmented by raw material, application, and end product.
Segmentation
By Raw Material:
- Phenol
- Cyclohexane
By Application:
- Engineering Resins and Films
- Synthetic Leather
- Yarns
- Textiles and Carpets
- Other Applications
By End Product:
- Nylon 6 Resins
- Nylon 6 Fibers
- Other End Products
Major Manufacturers
- Toray Industries Inc., (Japan)
- LUXI GROUP, (China)
- Domo Chemicals
- Fibrant
- UBE Corporation, (Japan)
- China Petroleum & Chemical Corporation, (China)
- BASF SE, (Germany)
- Aquafil S.p.A.
- Advansix Inc.
- Capro Corp
- DOMO Caproleuna GmbH
- Fertilizers & Chemicals Travancore Ltd
- LANXESS, (Germany)
- Ojsc Kuibyshevazot, (Russia)
- Spolana
- Shandong Haili Chemical Industry Co. Ltd
- KurskKhimvolokno Ltd
- DSM, (Netherlands)
- Hengyi Petrochemical Co. Ltd, (China)
- Mogilevkhimvolokno, (Europe)
- Chemicals and Petrochemicals Manufacturers’ Association, (India)
Regional Analysis
The Caprolactam market is analyzed across various regions, including North America, Europe, Asia Pacific, the Middle East, Africa, and South America. The report provides detailed insights into the market's performance in these regions, highlighting key growth drivers and potential opportunities.
COVID-19 Impact Analysis
The COVID-19 pandemic has significantly impacted the Caprolactam market, altering consumer behavior and supply chain dynamics. The report includes a comprehensive analysis of the pandemic's impact, outlining how the market is adapting to new industry benchmarks and the evolving global landscape.
Key Questions Answered
- What is the market potential for Caprolactam?
- Which regional market will lead in the coming years?
- What are the rapid growth applications?
- What development opportunities exist in the Caprolactam market?
- What are the primary challenges facing the Caprolactam market?
- Who are the key players in the Caprolactam market?
- What are the major trends positively affecting market growth?
Table of Contents:
- Overview
- Global Market Status and Forecast by Regions
- Global Market Status and Forecast by Types
- Global Market Status and Forecast by Downstream Industry
- Market Driving Factor Analysis
- Market Competition Status by Major Manufacturers
- Major Manufacturers Introduction and Market Data
- Upstream and Downstream Market Analysis
- Cost and Gross Margin Analysis
- Marketing Status Analysis
- Market Report Conclusion
- Research Methodology and Reference
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