Caprolactam Market Is Estimated to Reach USD 25.77 Billion by 2030

PRESS RELEASE
Published October 4, 2023

The report is designed to provide a holistic view of the Caprolactam Market 2030. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; revenue, demands, and supply data (as applicable). Regional estimates and forecasts & trend analysis for each country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia And New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America UAE, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa, etc.), and region (North America, Europe, Asia-Pacific, Middle East and Africa (MEA), and Latin America) are also available in the study. The impact of the COVID-19, and also forecasts its recovery post-COVID-19.

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.

Top Companies in the Global Caprolactam Market:
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), among others.

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This report segments the global Caprolactam Market are:
Raw Material

  • Phenol
  • Cyclohexane

End Product

  • Nylon 6 Resins
  • Nylon 6 Fibers
  • Other End Products

Application

  • Engineering Resins and Films
  • Industrial Yarns Textiles and Carpets
  • Other Applications

End Use

  • Textile Yarn
  • Textile Stiffeners
  • Film Coatings
  • Synthetic Leather
  • Plastics
  • Plasticizers
  • Others

Regional Insights:

Asia-Pacific is expected to be the dominant market for caprolactam, driven by the rapid industrialization in the region, which has led to the establishment of many appliance and automotive manufacturing plants. The growing demand for passenger cars in China and India is also contributing to market growth. Additionally, the growing demand for plastics in the automotive, construction, and electrical & electronics sectors, as well as the growing textile industry, will further boost market growth in the region.

North America and Europe are expected to be the fastest-growing regions during the forecast period of 2023-2030. This growth is being driven by the growing demand for lightweight materials, the increasing growth of coatings and films applications, and the growing demand for lightweight automotive vehicles in these regions.

Browse The Report Description:

https://www.databridgemarketresearch.com/reports/global-caprolactam-market?Pradip

A reliable Caprolactam market survey report is designed with the scrupulous market analysis carried out by a team of industry experts, dynamic analysts, skillful forecasters and well-informed researchers. And not to mention, the report is amazingly characterized by using several charts, graphs, and tables depending on the extent of data and information involved. What is more, influencing factors such as market drivers, market restraints and competitive analysis is studied with the SWOT analysis which is the most established tool when it comes to generate market research report. Businesses can achieve complete knowhow of general market conditions and tendencies with the information and data covered in the winning Caprolactam market report.

Significant Features that are under Offering and Key Highlights of the Reports:

-Detailed overview of Caprolactam Market
-Changing the Caprolactam market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current, and projected Caprolactam market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Caprolactam Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.

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