Caprolactam Markets: Industrial Yarns, Engineering Resins and Films, Textiles and Carpets - Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Caprolactam Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

The global caprolactam market is expected to exhibit moderate growth during 2021-2026

Caprolactam (C6H11NO) is synthesized by combining cyclohexane, phenol and toluene and is commonly used for the manufacturing of high-performance nylon textile, carpet, industrial yarns, engineering resins and films. It is also used for manufacturing brush bristles, film coatings, synthetic leather, plastics, plasticizers and lysine.

Caprolactam exhibits high strength, elasticity and resistance to chemicals, oils and abrasion. It can also be combined with elastane fibers to add stretch-fit properties to the nylon, which is used for manufacturing casualwear and fashion apparel, swimwear, sportswear and hosiery.

Significant growth in the automotive and textile industries is one of the key factors driving the growth of the market. Owing to the growing demand for lightweight automobiles, heavy metal components are rapidly being replaced by lightweight caprolactam components to manufacture airbags, doors, windows, tire cords, gear and under the hood components.

In addition to this, rapid industrialization across the globe is also providing a boost to the market growth. Caprolactam is widely used for manufacturing fishing nets, tarpaulins and packaging material with high mechanical, optical and low-permeable properties. Various product innovations, including the development of bio-based caprolactam and product variants with minimal traces of toxic ammonium sulfate, are further creating a positive outlook for the market growth.

Other factors, including extensive research and development (R&D) activities to enhance the cost-effectiveness of the product, along with rapid industrialization and rising expenditure capacities of the consumers, are projected to drive the market in the coming years.

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being

• Advansix Inc.
• Alpek S.A.B. de CV
• BASF SE
• Capro Corporation
• China Petrochemical Development Corporation
• China Petroleum
• Chemical Corporation (Sinopec)
• DOMO Caproleuna GmbH
• Gujarat State Fertilizers
• Chemicals
• Koninklijke DSM N.V.
• Lanxess AG
• Sumitomo Chemical Co. Ltd.
• Toray Industries Inc.
• UBE Industries Ltd.

Breakup by Source:

• Cyclohexane
• Phenol
• Toluene
• Others

Breakup by End-Product:

• Nylon 6 Fibers
• Nylon 6 Resins
• Others

Breakup by Application:

• Industrial Yarns
• Engineering Resins and Films
• Textiles and Carpets
• Others

Breakup by Region:

• North America
• United States
• Canada
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Latin America
• Brazil
• Mexico
• Middle East and Africa

Imports and Exports:

• Import Trends
• Export Trends

For more information about this report visit https://www.researchandmarkets.com/r/k0rgym