Transparency Market Research has released a new
market report titled "Caprolactam (Nylon 6 Fiber and Nylon 6 Resin) Market
For Textiles, Carpets, Industrial Yarns, Engineering Plastics, Packaging,
Electronics and Other Applications - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2013 - 2019," which observes that the
caprolactam demand in 2012 was worth USD 8.66 billion and is expected to reach
USD 13.80 billion by 2019, growing at a CAGR of 6.9% from 2013 to 2019. In
terms of volume, the demand for caprolactam was 3,580.0 kilo tons in 2012.
Browse the
full Caprolactam Market Report with TOC at
Caprolactam is an important polymer having host of
applications across different industries. Caprolactam is the key raw material
for nylon 6. Caprolactam is used to produce nylon 6 fibers and resins that are
used extensively in various applications. The growing demand of nylon 6 in
engineering and automobile applications as well as rapid economic growth in
Asia Pacific is expected to remain the major driving force for the caprolactam
market. Volatile raw material prices are expected to be a key challenge for
market participants.
Nylon 6 fibers dominated the consumption of
caprolactam and accounted for over 66% of total demand in 2012. Superior
chemical as well as physical characteristics such as light weight and high
tensile strength, nylon 6 fibers have become materials of choice in various
textile and carpets application. The use of caprolactam in nylon 6 resin
production employed in engineering plastics and electronic applications is
anticipated to be the major growth market over the next few years. Similar
surge in demand is expected to be witnessed from industrial yarn applications
where nylon 6 fibers are used as tire cords for enhanced wear resistance and
high strength characteristics.
Asia Pacific accounted for about 51% of the total
caprolactam market in 2012, followed by Europe and North America. Asia Pacific
is also expected to be the fastest growing regional market in terms of both
caprolactam consumption and production. This can be attributed to the growing
economies in this region. Skilled labor, cheap availability of raw materials,
equipments, and land has resulted in Asia Pacific emerging as a key destination
for caprolactam producers. Recently various manufacturers have concentrated on
capacity expansion in Asia Pacific to increase their production capacities.
Europe is the other major region where caprolactam consumption was very strong
and is expected to grow in demand with a CAGR of about 6.4% in terms of volume
from 2013 and 2019.
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Sample Report:
DSM, BASF SE, Honeywell, Ube Industries and Capro
Corporation are some of the major participants in the caprolactam industry.
Caprolactam
Market - Product Segment Analysis
·
Nylon 6 fiber
·
Nylon 6 resin
Caprolactam
Market - Application Segment Analysis
·
Nylon 6 fiber
·
Textiles
·
Carpet
·
Industrial yarns
·
Others (fishing
lines, fishing nets, bristles, surgical suture, etc.)
·
Nylon 6 resin
·
Engineering
plastic
·
Packaging
·
Electronics
·
Others (musical
strings, composites, lysine synthesis, etc.)
Caprolactam
Market - Regional Analysis
·
North America
·
Europe
·
Asia Pacific
·
Rest of the
World (RoW)
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Chemical & Materials Market Research Reports @
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