Data Bridge Market Research analyses that the caprolactam market is expected to reach USD 25.77 billion by 2030, which is USD 16.41 billion in 2022, registering a CAGR of 5.80% during the forecast period of 2023 to 2030.
Caprolactam market research report draws attention to key market dynamics of the sector. A range of definitions and classification of the Food Beverage industry, applications of the Food Beverage industry and chain structure are provided in the report. The competitive landscape section of the report brings into light a clear insight about the market share analysis of major industry players. The company profiles of all the top players and brands that are leading the Caprolactam market with moves like product launches, joint ventures, mergers and acquisitions which in turn is affecting the sales, import, export, revenue and CAGR values are revealed in this market report.
By keeping in mind the end user’s point of view, a team of researchers, forecasters, analysts and industry experts work in-depth to prepare Caprolactam market research report. It is the most appropriate, realistic and admirable market research report delivered with a supreme devotion and comprehension of business needs. The research and analysis carried out in this report assists clients to forecast investment in an emerging market, expansion of market share or success of a new product. Caprolactam is the most promising market research report which has been framed in the way foreseen.
Data Bridge Market Research analyses that the caprolactam market is expected to reach USD 25.77 billion by 2030, which is USD 16.41 billion in 2022, registering a CAGR of 5.80% during the forecast period of 2023 to 2030.
Some of the major players operating in the caprolactam market are:
BASF SE (Germany)
Honeywell International Inc (U.S.)
Kuibyshevazot (Russia)
China Petroleum Chemical Corporation (China)
LANXESS (Germany)
DSM (Netherlands)
Toray Industries Inc, (Japan)
Sumitomo Chemical (Japan)
China Petrochemical Development Corporation (China)
UBE Corporation (Japan)
Hengyi Petrochemical Co. Ltd (China)
Mogilevkhimvolokno (Europe)
Chemicals and Petrochemicals Manufacturers’ Association (India)
DSM (Netherlands)
LUXI GROUP (China)
Market Overview
The growing demand for bio-based caprolactam in engineering plastics application and the requirement for lightweight automotive vehicles are anticipated to enhnace the caprolactam market in the predicted years. Also, properties such as chemical oil resistance, high strength, elasticity, abrasion resistance along low moisture absorbency of nylon fibers and resins are projected to fuel the market during the forecast period. Moreover, growing demand for plastics in the automotive, construction, electrical electronics sectors and the increasing automotive and electronics industry are expected to boost the market growth in upcoming years.
Caprolactam Market Regional Analysis/Insights
The caprolactam market is analyzed and market size insights and trends are provided by country, raw material, end product, application and end use as referenced above.
The countries covered in the caprolactam market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific is expected to dominate the caprolactam market owing to increasing rapid industrialization, leading to establishment of many appliance and automotive manufacturing plants and growing demand for passenger cars in China and India. Moreover, the growing demand for plastics in the automotive, construction and electrical electronics sectors and growing textile industry will further boost the market growth in this region.
North America and Europe are expected to be the fastest developing region during the forecast period of 2023-2030 owing to growing demand for lightweight materials, increasing growth of coatings and films applications and growing requirement for lightweight automotive vehicles in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Highlights of TOC
Chapter 1: Market overview
Chapter 3: Regional analysis of the Global Caprolactam industry
Chapter 4: Global Caprolactam segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
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