Caprolactam Market Overview
As per recent research by MarkNtel Advisors, the global Caprolactam Market is projected to grow at a CAGR of 4% during the forecast period, i.e., 2023-28.
Caprolactam Market Dynamics
Market Drivers : Rising Prevelance for Bio-based Caprolactam to Upscale the Market Growth
Since the demand for bio-based caprolactam in the field of engineering plastics and films along with the need for lightweight automotive vehicles is like to drive the caprolactam market in the upcoming years. Additionally, due to the expansion of the automotive and electronics industries, as well as the rising demand for plastics in the construction, electronics sectors, and automotive is growing, this could be another factor in the growing caprolactam market.
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Caprolactam Market Segmentation Overview 2023-2028: Key Factors
By End-Product
-Nylon 6 Resins
-Nylon 6 Fibers
By Applications
-Textile Yarn
-Industrial Yarn
-Engineering Resin and Films
-Textile & Carpet Fiber
-Others
By End-Use
-Textile
-Automotive
-Carpet Manufacturing
-Others
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Caprolactam Market Geographical Insights:
By Region:
-Asia-Pacific
-Europe
-North America
-Middle East & Africa
-South America
Key Players and Competitive Strategies in the Caprolactam Market
Several prominent players dominate the Caprolactam Market, including:
- Royal DSM NV
- BASF SE
- Sumitomo Chemicals Limited
- Honeywell Chemical Intermediates
- China Petroleum and Chemical Corporation
- Gujarat State Fertilizers Corporation
- Capro Corporation
- IRPC Public Company Limited
- China National Petroleum Corporation
- Sinopec Refining and Chemical Company
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Questions Addressed in this Study
1.How big is the Caprolactam Market Size?
2.What is the Caprolactam Market Growth?
3.Who are the key players of the Caprolactam Market?
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