Report Overview

Caprolactam Market: Overview

Global Caprolactam Market was valued US$14.7 billion in 2018 with a CAGR of 5.12% during 2019-2025. Owing to its properties like impact, high temperature, and abrasion resistance, excellent balance of strength and resistance to bases is extensively replacing metal-based applications. Caprolactam is a cyclic amide or lactam of caproic acid which is colorless organic compound and widely used as a synthetic polymer. Caprolactam manufactured from three different sources, include cyclohexane, phenol, and toluene. The nylon made from caprolactam is a high-performance plastic.

Increasing disposable income of consumers and advancement of technologies to manufacture lightweight vehicle with better mileage will upsurge the demand of nylon 6. Aforementioned will lead to the massive growth of caprolactam market in coming years.

Growing demand for plastics in the construction, automotive, and electrical & electronics sectors is projected to be a key driver for the industry during the forecast period. Caprolactam is a compound that is progressively replacing metals in automotive applications like air intake. The market mainly compelled by demand generated from nylon-6 production as almost all of the compounds produced used in the manufacturing of nylon-6. More than 60% of caprolactam is consumed in the production of nylon fibers in the textile industry, for carpet and industrial yarns and also utilized in engineering resins and films across the globe. The major factors boosting the caprolactam market include the requirement for lightweight vehicles, the growth of films and coatings applications, and the growth of developing economies.

Caprolactam Market: Application Insights

Based on application, the global caprolactam market segmented into Nylon 6 Fibers, Nylon 6 Resins, and Films. Owing to the features like easy to dye, offer deep and bright shades, provide high strength, and are lightweight Nylon 6 fibers hold the most significant and fastest-growing application of caprolactam market. Caprolactam extensively utilized in polyamide 6 for manufacturing washable domestic textiles. Polyamide 6 fabrics are smooth and dimensionally stable and have properties like high elasticity and resistance to mildew and moths. Nylon 6 fibers used in numerous applications such as toothbrush, raincoats, sport wears, bed sheets, curtains, ropes, racket strings, threads, and sleeping bags. This is projected to boost growth over the forecast years.

Caprolactam Market: End use Analysis

Based on the end use, the caprolactam market bifurcated into Textile Yarn, Industrial Yarn, Engineering Plastics, and Carpet fibers & staple fiber. Among them, Textile Yarn holds the largest market share of the entire caprolactam market. Textile yarn is widely utilized in various applications such as apparel and house furnishing. Rising demand for textile yarn coupled with the use of nylon 6 fibers in bedspreads, upholstery, curtains, and carpets is anticipated to have a positive impact on the industry over the next few years. Growing nylon fabrics demand owing to properties like high tensile strength, elasticity, scrub resistance, and heat resistance is projected to have a positive impact on the industry.

Caprolactam Market: Raw Material Analysis

The raw material segment of the global caprolactam market categorized into Cyclohexane, Phenol, and Toluene. Among all, cyclohexane is the most lucrative raw material segment owing to its easy availability and low cost. It is utilized for the manufacture of adipic acid and hexamethylene diamine used for the manufacture of Nylon 66 and caprolactam used for the manufacture of Nylon 6.

Caprolactam Market: Regional Insights

Geographically, the caprolactam market analyzed across North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. In 2018, Asia Pacific dominates the entire caprolactam industry due to the accessibility of low-cost raw materials and labor, coupled with rising spending power, is a significant driver for the regional polyamide market. Rapid industrialization leading to the establishment of various automotive and appliance manufacturing plants, especially in India and China, and owing to the rise in disposable incomes are expected to boost product demand further. North America and Europe, is projected to have a positive impact on the industry over the next five years.

Objective of the Study:

To analyze and forecast market size of the global caprolactam market in terms of value and volume

To examine the careful market segmentation and forecast the market size, in terms value, on the basis of region by segmenting caprolactam market into five regions, namely, North America, Europe, Asia Pacific, Middle East & Africa, Latin America and their leading countries.

To outline, categorized and forecast the global caprolactam market on the basis of application, end-use, and raw material.

To examine competitive developments like technological advancement, services, and regulative framework within the global caprolactam Market.

To highlight the impact analysis of the factors, affecting the market dynamics such as drivers, restraints, opportunities, and challenges.

To strategically profile the key players and comprehensively analyze their market shares along with detailing the competitive landscape for market leaders.

Global Caprolactam Market: Competitive Landscape

Companies such as AdvanSix Inc., Alpek S.A.B. de C.V., The Aquafil Group, BASF SE, Capro Co., China Petrochemical Development Corporation, Domo Chemicals, Grupa Azoty, Gujarat State Fertilizers & Chemicals Limited, Highsun Group, KuibyshevAzot PJSC, Lanxess AG, Luxi Chemical Group Co., Ltd., China Petroleum & Chemical Corporation (Sinopec), Spolana, Sumitomo Chemical Co., Ltd., Toray Industries, Inc., Ube Industries, Ltd., and Zhejiang Hengyi Group Co., Ltd. are the leading players of caprolactam market across the globe.

Key Target Audience:

·         Market research and consulting firms

·         Industry associations

·         Caprolactam manufacturers

·         Research organizations and consulting companies

·         Organizations, associations and alliances related to caprolactam market

·         Regulatory bodies

Scope of the Report

By Application

·         Nylon 6 Fibers

·         Nylon 6 Resins

·         Others

By End Use

·         Textile Yarn

·         Industrial Yarn

·         Engineering Plastics

·         Carpet fibers & staple fiber

By Raw Material 

·         Cyclohexane

·         Phenol

·         Toluene

In addition, the report provides analysis of the caprolactam market with respect to the following geographic segments and their high performing regions:

North America

·         U.S.

·         Canada

Europe

·         Germany

·         U.K.

·         Italy

·         France

·         Rest of Europe

Asia Pacific

·         China

·         India

·         Japan

·         Australia

·         Rest of APAC

LATAM

·         Brazil

·         Argentina

·         Rest of Latin America

MEA

·         Saudi Arabia

·         UAE

·         Rest of MEA

Business Questions answer by the report

·         How will the market drivers, restraints and opportunities affect the market dynamics?

·         What will be the market size in terms of value and volume and market statistics with detailed classification

·         Which segment dominates the market or region and one will be the fastest growing and why?

·         A comprehensive survey of the competitive landscape and the market participant players

·         Analysis of strategy adopted by the key player and their impact on other players.

Customization Scope for the Client

Client satisfaction is our first and last priority. And that’s why BlueWeave Consulting offers customization according to Company’s specific needs. The following customization options are available for the report:

Additional Company Information

·         With five additional company detail analysis.

·         Additional country analysis.

·         Detailed segment analysis.

1.    Research Framework

1.1.              Research Objective

1.2.              Product Overview

1.3.              Market Segmentation

2.    Research Methodology

2.1.              Qualitative Research

2.1.1.   Primary & Secondary Sources

2.2.              Quantitative Research

2.2.1.   Primary & Secondary Sources

2.3.              Breakdown of Primary Research Respondents, By Region

2.3.1.   Secondary Research

2.3.2.   Primary Research

2.4.              Breakdown of Primary Research Respondents, By Industry Participants

2.5.              Market Size Estimation

2.6.              Assumption for the Study

2.7.              Market Breakdown & Data Triangulation

3.    Executive Summary

4.    Industry Insights

4.1.              Industry Value Chain Analysis

4.1.1.   Vendor Matrix

4.2.              Pricing Analysis

4.3.              Industry Impact and Forces

4.3.1.   Growth Drivers

4.3.2.   Restraints

4.3.3.   Opportunities

4.3.4.   Challenges

4.4.              Technological Landscape

4.5.              Company market share analysis, 2018

4.6.              Growth Potential analysis, 2018

4.7.              Porter’s Five forces analysis

4.7.1.   Bargaining Power of Suppliers

4.7.2.   Bargaining Power of Buyers

4.7.3.   Threat of New Entrants

4.7.4.   Threat of Substitutes

4.7.5.   Intensity of Rivalry

4.8. PESTEL Analysis

4.9. Strategic Outlook   

5.    Global Caprolactam Market Overview

5.1. Market Size & Forecast

5.1.1.   By Value (USD Millions)

5.1.2.   By Volume (Kilo Tons)

5.2. Market Share & Forecast 2015-2025

5.2.1.  By Application

5.2.1.1.        Nylon 6 Fibers

5.2.1.2.       Nylon 6 Resins

5.2.1.3.       Films

5.2.2.  By End Use

5.2.2.1.       Textile Yarn

5.2.2.2.       Industrial Yarn

5.2.2.3.       Engineering Plastics

5.2.2.4.       Carpet fibers & staple fiber

5.2.3.  By Raw Material

5.2.3.1.       Cyclohexane

5.2.3.2.       Phenol

5.2.3.3.       Toluene

5.2.4.  By Region

5.2.4.1.       North America

5.2.4.2.       Europe

5.2.4.3.       Asia Pacific

5.2.4.4.       LATAM

5.2.4.5.       MEA

6.    North America Caprolactam Market

6.1. Key Regional Trends

6.2. Market estimates & forecast, 2015-2025

6.2.1.   By Application

6.2.2.   By End-Use

6.2.3.   By Raw Material

6.2.4.   By Country

6.2.4.1.       U.S

6.2.4.2.       Canada

7.    Europe Caprolactam Market

7.1. Key Regional Trends

7.2. Market estimates & forecast, 2015-2025

7.2.1.   By Application

7.2.2.   By End-Use

7.2.3.   By Raw Material

7.2.4.   By Country

7.2.4.1.       Germany

7.2.4.2.       U.K

7.2.4.3.       France

7.2.4.4.       Italy

7.2.4.5.       Rest of Europe

8.    Asia Pacific Caprolactam Market

8.1. Key Regional Trends

8.2. Market estimates & forecast, 2015-2025

8.2.1.   By Application

8.2.2.   By End-Use

8.2.3.   By Raw Material

8.2.4.   By Country

8.2.4.1.       China

8.2.4.2.       India

8.2.4.3.       Japan

8.2.4.4.       Australia

8.2.4.5.       Rest of APAC

9.    Latin America Caprolactam Market

9.1. Key Regional Trends

9.2. Market estimates & forecast, 2015-2025

9.2.1.   By Application

9.2.2.   By End-Use

9.2.3.   By Raw Material

9.2.4.   By Country

9.2.4.1.       Brazil

9.2.4.2.       Argentina

9.2.4.3.       Rest of Latin America

10. Middle East & Africa Caprolactam Market

10.1.          Key Regional Trends

10.2.          Market estimates & forecast, 2015-2025

10.2.1. By Application

10.2.2. By End-Use

10.2.3. By Raw Material

10.2.4. By Country

10.2.4.1.    Saudi Arabia

10.2.4.2.    UAE

10.2.4.3.    Rest of MEA

11. Company Profile (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, SWOT Analysis and Strategic Outlook)

11.1.          AdvanSix Inc.

11.2.          Alpek S.A.B. de C.V.

11.3.          The Aquafil Group

11.4.          BASF SE,

11.5.          Capro Co.

11.6.          China Petrochemical Development Corporation

11.7.          Domo Chemicals

11.8.          Grupa Azoty

11.9.          Gujarat State Fertilizers & Chemicals Limited

11.10.       Highsun Group

11.11.       KuibyshevAzot PJSC

11.12.       Lanxess AG

11.13.       Luxi Chemical Group Co., Ltd.

11.14.       China Petroleum & Chemical Corporation (Sinopec)

11.15.       Spolana

11.16.       Sumitomo Chemical Co., Ltd.

11.17.       Toray Industries, Inc.

11.18.       Ube Industries, Ltd.

      11.19.  Zhejiang Hengyi Group Co., Ltd.