DUBLIN--(BUSINESS WIRE)--The "Global Caprolactum Market - Segmented by Raw Materials, End Product, Application, End-User Industry and Region - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The caprolactum market is expected to witness a CAGR of approximately 4.9% during the forecast period 2018-2023.
Nylon 6 fibers are increasingly used in the automotive sector in tire cord manufacture, engine covers, gears, and bearings, owing to their intrinsic properties, such as great tensile strength, durability, and fatigue resistance. Caprolactam is increasingly replacing metals in various automotive applications, such as air intake manifolds in the nylon 6 resin.
The caprolactum market is segmented on the basis of raw materials, end-product, application, and end-user industry. Based on the end-product, Nylon 6 fibers are the major end-products and have an approximately 53% market share. Owing to the superior chemical as well as physical characteristics of caprolactam, such as lightweight and high tensile strength, nylon 6 fibers are increasingly used in various textile and carpets applications.
Asia-Pacific is the largest market for caprolactum and it accounts to more than 65% of the global market, in terms of demand. This is due to a strong need from the engineering plastics and textiles industries. China is the world's largest market for caprolactam.
- BASF SE
- Capro Corp.
- China National Petroleum Corp.
- China Petroleum & Chemical Corp.
- DOMO Caproleuna GmbH
- Fertilizers & Chemicals Travancore Ltd.
- Gujarat State Fertilizers & Chemicals Ltd.
- Honeywell Chemical Intermediates
- IRPC Public Company Ltd.
- Juhua Group Corp.
- Lanxess AG
- Marubeni Corp.
- Ojsc Kuibyshevazot
- Royal DSM N.V.
- Sumitomo Chemical Co. Ltd.
- Toray Industries Inc.
- UBE Industry Group
Key Topics Covered:
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Competitive Landscape
8. Company Profiles
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