The report is titled as ‘Caprolactam Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the caprolactam market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Caprolactam market is expected to grow with significant rate in the near future.
The global caprolactam market in 2020 is estimated for more than US$ 21.5 Bn and expected to reach a value of US$ 30.7 Bn by 2028 with a significant CAGR of 4.6%.
Caprolactam Market Definition
Caprolactam is the necessary product used for manufacturing synthetic fibers that are used in production of various other products such as synthetic leather, textiles stiffeners, film coatings, plastics, paint vehicles, plasticizers, cross linking for polyurethanes and especially nylon 6 fibers and nylon 6 resins.
Caprolactam is a bio based polymer and due to the issues pertaining to the environment it is expected to be a huge rise in demand for such products in the market over the forecast period. The bio based material production is a effective competitor to the petro-chemicals in terms of cost and it has been less in some cases.
According to the Nova Institute report on bio based polymers in the world, in 2012, it has been announced to shift of the major companies such as the Coca-Cola Company, Ford Motor Company, H.J Hienz Company, NIKE Inc., and Procter & Gamble, a formation of Plant PET Technology Collaborative (PTC) took place where the focus on accelerating the development of 100% plant based PET materials and fibers is made mandatory. This initiative from the various big giants in the market is expected to be one of the important supporting reason of the increase in traction in the caprolactam market in the near future.
Caprolactam Market Dynamics
The global caprolactam market is expected to increase at a significant CAGR over the forecast period owing to the increasing chronic diseases, geriatric population and increase in trend for immediate relief across the healthcare receivers.
Increasing focus on the betterment of the environment is one of the major factors, which is expected to increase the demand for caprolactam in the market globally over the forecast period. With the increase in adoption of caprolactam by the various companies indulged in plastic and leather supply may enhance the demand for the caprolactam products in the market over the forecast period.
Caprolactam Market Key Players
Caprolactam market is mainly dominated by BASF SE, China Petroleum & Chemical Corporation, China Petrochemical Development Corporation, Honeywell International Inc., Kuibyshevazot OJSC, Royal DSM N.V. and more.
Caprolactam Market Segmentation
The global caprolactam market is segmented on the basis of raw materials, product type and region.
On the basis of raw materials, the global caprolactam market can be segmented into Cyclohexane/Benzene, Ammonia, Phenol and Toluene, Others (naphtha) On the basis of product type, the global caprolactam market can be segmented into Nylon 6 Fibers, Nylon 6 Resins and Films. The Nylon 6 Fibers is further divided into textile, carpet, industrial yarn and others. Furthermore, the Nylon 6 Resins and Films are divided into automotive industry, specialty film packaging for food, wire and cables and others.
Caprolactam Market Regional Overview and Analysis
On the basis of region, the global caprolactam market is segmented into six regions namely North America, Latin America, Asia Pacific, Europe, Middle East, and Africa. North America caprolactam market is expected to be the most dominating market throughout the forecast period. Availability of key players and increasing healthcare expenditure in the region are some of the revenue boosting factors.
MMC Overview on Caprolactam Market Report
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.
A research report on the Caprolactam market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
• New product designs and launches
• Current product compliance
• Reimbursement
• Concerns for use of Caprolactam
• Advantages of Caprolactam over other modalities
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
1. Global Caprolactum Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Caprolactum Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Caprolactum Market Snapshot
2.4. Global Caprolactum Market Size and Forecast, 2020-2028
2.4.1. Introduction
2.4.2. Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020-2028)
2.5. Global Caprolactum Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Key Regulations
2.7. Porter’s Five Forces Model
3. Global Caprolactum Market, By Product Type
3.1. Introduction
3.1.1. Annual Growth Rate Comparison, By Product Type
3.1.2. BPS Analysis, By Product Type
3.2. Market Revenue (US$Mn) Forecast, By Product Type
3.2.1. Nylon 6 Fibers
3.2.1.1. Textile
3.2.1.2. Carpet
3.2.1.3. Industrial Yarn
3.2.1.4. Others
3.2.2. Nylon 6 Resins and Films
3.2.2.1. Automotive Industry
3.2.2.2. Specialty Film Packaging for Food
3.2.2.3. Wire and Cables
3.2.2.4. Others
3.3. Global Caprolactum Market Attractiveness Index, By Product Type
4. Global Caprolactum Market, By Raw Material
4.1. Introduction
4.1.1. Annual Growth Rate Comparison, By Raw Material
4.1.2. BPS Analysis, By Raw Material
4.2. Market Revenue (US$Mn) Forecast, By Raw Material
4.2.1. Cyclohexane/Benzene
4.2.2. Ammonia
4.2.3. Phenol and Toluene
4.2.4. Others (Naphtha)
4.3. Global Caprolactum Market Attractiveness Index, By Raw Material
5. Global Caprolactum Market, By Region
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Region
5.1.2. BPS Analysis, By Region
5.2. Market Revenue (US$Mn) Forecast, By Region
5.2.1. North America
5.2.2. Latin America
5.2.3. Europe
5.2.4. Asia Pacific
5.2.5. Middle East
5.2.6. Africa
5.3. Global Caprolactum Market Attractiveness Index, By Region
6. North America Caprolactum Market Analysis and Forecast, 2020-2028
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Country
6.1.2. BPS Analysis, By Country
6.2. Market Revenue (US$Mn) Forecast, By Country
6.2.1. U.S. Caprolactum Market
6.2.2. Canada Caprolactum Market
6.3. North America Caprolactum Market, By Product Type
6.3.1. Nylon 6 Fibers
6.3.1.1. Textile
6.3.1.2. Carpet
6.3.1.3. Industrial Yarn
6.3.1.4. Others
6.3.2. Nylon 6 Resins and Films
6.3.2.1. Automotive Industry
6.3.2.2. Specialty Film Packaging for Food
6.3.2.3. Wire and Cables
6.3.2.4. Others
6.4. North America Caprolactum Market, By Raw Material
6.4.1. Cyclohexane/Benzene
6.4.2. Ammonia
6.4.3. Phenol and Toluene
6.4.4. Others (Naphtha)
6.5. North America Caprolactum Market Attractiveness Index
6.5.1. By Country
6.5.2. By Product Type
6.5.3. By Raw Material
7. Latin America Caprolactum Market Analysis and Forecast, 2020-2028
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Country
7.1.2. BPS Analysis, By Country
7.2. Market (US$Mn) Forecast, By Country
7.2.1. Brazil Caprolactum Market
7.2.2. Mexico Caprolactum Market
7.2.3. Argentina Caprolactum Market
7.2.4. Rest of Latin America Caprolactum Market
7.3. Latin America Caprolactum Market, By Product Type
7.3.1. Nylon 6 Fibers
7.3.1.1. Textile
7.3.1.2. Carpet
7.3.1.3. Industrial Yarn
7.3.1.4. Others
7.3.2. Nylon 6 Resins and Films
7.3.2.1. Automotive Industry
7.3.2.2. Specialty Film Packaging for Food
7.3.2.3. Wire and Cables
7.3.2.4. Others
7.4. Latin America Caprolactum Market, By Raw Material
7.4.1. Cyclohexane/Benzene
7.4.2. Ammonia
7.4.3. Phenol and Toluene
7.4.4. Others (Naphtha)
7.5. Latin America Caprolactum Market Attractiveness Index
7.5.1. By Country
7.5.2. By Product Type
7.5.3. By Raw Material
8. Europe Caprolactum Market Analysis and Forecast, 2020-2028
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Country
8.1.2. BPS Analysis, By Country
8.2. Market (US$Mn) Forecast, By Country
8.2.1. U.K. Caprolactum Market
8.2.2. Germany Caprolactum Market
8.2.3. Italy Caprolactum Market
8.2.4. France Caprolactum Market
8.2.5. Spain Caprolactum Market
8.2.6. Russia Caprolactum Market
8.2.7. Poland Caprolactum Market
8.2.8. BENELUX Caprolactum Market
8.2.9. NORDIC Caprolactum Market
8.2.10. Rest of Europe Caprolactum Market
8.3. Europe Caprolactum Market, By Product Type
8.3.1. Nylon 6 Fibers
8.3.1.1. Textile
8.3.1.2. Carpet
8.3.1.3. Industrial Yarn
8.3.1.4. Others
8.3.2. Nylon 6 Resins and Films
8.3.2.1. Automotive Industry
8.3.2.2. Specialty Film Packaging for Food
8.3.2.3. Wire and Cables
8.3.2.4. Others
8.4. Europe Caprolactum Market, By Raw Material
8.4.1. Cyclohexane/Benzene
8.4.2. Ammonia
8.4.3. Phenol and Toluene
8.4.4. Others (Naphtha)
8.5. Europe Caprolactum Market Attractiveness Index
8.5.1. By Country
8.5.2. By Product Type
8.5.3. By Raw Material
9. Asia Pacific Caprolactum Market Analysis and Forecast, 2020-2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market (US$Mn) Forecast, By Country
9.2.1. China Caprolactum Market
9.2.2. India Caprolactum Market
9.2.3. Japan Caprolactum Market
9.2.4. Australia and New Zealand Caprolactum Market
9.2.5. South Korea Caprolactum Market
9.2.6. ASEAN Caprolactum Market
9.2.7. Rest of Asia Pacific Caprolactum Market
9.3. Asia Pacific Caprolactum Market, By Product Type
9.3.1. Nylon 6 Fibers
9.3.1.1. Textile
9.3.1.2. Carpet
9.3.1.3. Industrial Yarn
9.3.1.4. Others
9.3.2. Nylon 6 Resins and Films
9.3.2.1. Automotive Industry
9.3.2.2. Specialty Film Packaging for Food
9.3.2.3. Wire and Cables
9.3.2.4. Others
9.4. Asia Pacific Caprolactum Market, By Raw Material
9.4.1. Cyclohexane/Benzene
9.4.2. Ammonia
9.4.3. Phenol and Toluene
9.4.4. Others (Naphtha)
9.5. Asia Pacific Caprolactum Market Attractiveness Index
9.5.1. By Country
9.5.2. By Product Type
9.5.3. By Raw Material
10. Middle East Caprolactum Market, By Region, 2020-2028
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market (US$Mn) Forecast, By Country
10.2.1. GCC Countries Caprolactum Market
10.2.2. Israel Caprolactum Market
10.2.3. Oman Caprolactum Market
10.2.4. Rest of Middle East Caprolactum Market
10.3. Middle East Caprolactum Market, By Product Type
10.3.1. Nylon 6 Fibers
10.3.1.1. Textile
10.3.1.2. Carpet
10.3.1.3. Industrial Yarn
10.3.1.4. Others
10.3.2. Nylon 6 Resins and Films
10.3.2.1. Automotive Industry
10.3.2.2. Specialty Film Packaging for Food
10.3.2.3. Wire and Cables
10.3.2.4. Others
10.4. Middle East Caprolactum Market, By Raw Material
10.4.1. Cyclohexane/Benzene
10.4.2. Ammonia
10.4.3. Phenol and Toluene
10.4.4. Others (Naphtha)
10.5. Middle East Caprolactum Market Attractiveness Index
10.5.1. By Country
10.5.2. By Product Type
10.5.3. By Raw Material
11. Africa Caprolactum Market, By Region, 2020-2028
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market (US$Mn) Forecast, By Country
11.2.1. South Africa Caprolactum Market
11.2.2. Egypt Caprolactum Market
11.2.3. North Africa Caprolactum Market
11.2.4. Rest of Africa Caprolactum Market
11.3. Africa Caprolactum Market, By Product Type
11.3.1. Nylon 6 Fibers
11.3.1.1. Textile
11.3.1.2. Carpet
11.3.1.3. Industrial Yarn
11.3.1.4. Others
11.3.2. Nylon 6 Resins and Films
11.3.2.1. Automotive Industry
11.3.2.2. Specialty Film Packaging for Food
11.3.2.3. Wire and Cables
11.3.2.4. Others
11.4. Africa Caprolactum Market, By Raw Material
11.4.1. Cyclohexane/Benzene
11.4.2. Ammonia
11.4.3. Phenol and Toluene
11.4.4. Others (Naphtha)
11.5. Africa Caprolactum Market Attractiveness Index
11.5.1. By Country
11.5.2. By Product Type
11.5.3. By Raw Material
12. Recommendation
12.1. Market Strategy
13. Competitive Landscape
13.1. Competition Dashboard
13.2. List and Company Overview of Global Key Players
13.3. Company Profiles
13.3.1. BASF SE
13.3.1.1. Company Overview
13.3.1.2. Financial Overview
13.3.1.3. Product Portfolio
13.3.1.4. Key Developments
13.3.1.5. Business Strategies
13.3.2. China Petroleum & Chemical Corporation
13.3.3. China Petrochemical Development Corporation
13.3.4. Honeywell International Inc.
13.3.5. Kuibyshevazot OJSC,
13.3.6. Royal DSM N.V.
13.3.7. Lanxess Ag
13.3.8. Shandong Haili Chemical Industry Co. Ltd.
13.3.9. Sumitomo Chemical Company Limited
13.3.10. UBE Industries
14. Acronyms
Frequently Asked Questions
What is the projected market size & Compound Annual Growth Rate (CAGR) of the market?
The global caprolactam market in 2020 is estimated for more than US$ 21.5 Bn and expected to reach a value of US$ 30.7 Bn by 2028 with a significant CAGR of 4.6%.
What are the key factors driving the growth of market?
Owing to the increasing chronic diseases, geriatric population and increase in trend for immediate relief across the healthcare receivers. Also, increasing focus on the betterment of the environment are the key factors driving the growth of market
What segments are covered in market report?
The global caprolactam market is segmented on the basis of raw materials, product type and region.
What are the key participating players in the market?
Caprolactam market is mainly dominated by BASF SE, China Petroleum & Chemical Corporation, China Petrochemical Development Corporation, Honeywell International Inc., Kuibyshevazot OJSC, Royal DSM N.V. and more.
