Market Overview:
The global caprolactam market is expected to exhibit moderate growth during 2021-2026. Caprolactam (C6H11NO) is a colorless organic compound that is widely used as a synthetic polymer for the manufacturing of nylon. It 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. Looking forward, IMARC Group expects the global caprolactam market to grow at a CAGR of around 5% during the forecast period (2021-2026).
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
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Imports and Exports:
- Import Trends
- Export Trends
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 and Chemical Corporation (Sinopec), DOMO Caproleuna GmbH, Gujarat State Fertilizers and Chemicals, Koninklijke DSM N.V., Lanxess AG, Sumitomo Chemical Co. Ltd., Toray Industries Inc., UBE Industries Ltd., etc.
Key Questions Answered in This Report:
According to the estimates by IMARC Group, the global caprolactam market is expected to witness a CAGR of 5% from 2021 to 2026.
The growing utilization of caprolactam in manufacturing brush bristles, nylon textile, film coatings, synthetic leather, plastics, industrial yarns, plasticizers, etc., represents one of the key drivers for the global caprolactam market.
The emergence of bio-based caprolactam with minimal traces of toxic ammonium sulfate is one of the key trends in the global caprolactam market.
Sudden outbreak of the COVID-19 pandemic had negatively impacted the demand for caprolactam due to the temporary shutdown of various textile manufacturing facilities across the globe.
On the basis of the end-product, the market has been bifurcated into nylon 6 fibers, nylon 6 resins and others. Currently, nylon 6 resins hold the largest share.
On the basis of the application, the market has been divided into industrial yarns, engineering resins and films, textiles and carpets, and others. In this segment, textiles and carpets account for the largest market share.
Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Based on region, Asia Pacific dominates the global market.
The key companies in the global caprolactam market are Advansix Inc., Alpek S.A.B. de CV, BASF SE, Capro Corporation, China Petrochemical Development Corporation, China Petroleum and Chemical Corporation (Sinopec), DOMO Caproleuna GmbH, Gujarat State Fertilizers and Chemicals, Koninklijke DSM N.V., Lanxess AG, Sumitomo Chemical Co. Ltd., Toray Industries Inc., UBE Industries Ltd., etc.
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Caprolactam Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Source
6.1 Cyclohexane
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Phenol
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Toluene
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by End-Product
7.1 Nylon 6 Fibers
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Nylon 6 Resins
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Application
8.1 Industrial Yarns
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Engineering Resins and Films
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Textiles and Carpets
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 Imports and Exports
10.1 Import Trends
10.2 Import Breakup by Country
10.3 Export Trends
10.4 Export Breakup by Country
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Indicators
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Advansix Inc.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Alpek S.A.B. de CV
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.3 BASF SE
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Capro Corporation
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.5 China Petrochemical Development Corporation
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 China Petroleum and Chemical Corporation (Sinopec)
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 DOMO Caproleuna GmbH
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.8 Gujarat State Fertilizers and Chemicals
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.9 Koninklijke DSM N.V.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Lanxess AG
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
15.3.11 Sumitomo Chemical Co. Ltd.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
15.3.12 Toray Industries Inc.
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
15.3.12.4 SWOT Analysis
15.3.13 UBE Industries Ltd.
15.3.13.1 Company Overview
15.3.13.2 Product Portfolio
15.3.13.3 Financials
15.3.13.4 SWOT Analysis
List of Figures
Figure 1: Global: Caprolactam Market: Major Drivers and Challenges
Figure 2: Global: Caprolactam Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Caprolactam Market: Breakup by Source (in %), 2020
Figure 4: Global: Caprolactam Market: Breakup by End-Product (in %), 2020
Figure 5: Global: Caprolactam Market: Breakup by Application (in %), 2020
Figure 6: Global: Caprolactam Market: Breakup by Region (in %), 2020
Figure 7: Global: Caprolactam Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 8: Global: Caprolactam (Cyclohexane) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Caprolactam (Cyclohexane) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Caprolactam (Phenol) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Caprolactam (Phenol) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Caprolactam (Toluene) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Caprolactam (Toluene) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Caprolactam (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Caprolactam (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Caprolactam (Nylon 6 Fibers) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Caprolactam (Nylon 6 Fibers) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Caprolactam (Nylon 6 Resins) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Caprolactam (Nylon 6 Resins) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Caprolactam (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Caprolactam (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Caprolactam (Industrial Yarns) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Caprolactam (Industrial Yarns) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Caprolactam (Engineering Resins and Films) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Caprolactam (Engineering Resins and Films) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Caprolactam (Textiles and Carpets) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Caprolactam (Textiles and Carpets) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Caprolactam (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Caprolactam (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: North America: Caprolactam Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: North America: Caprolactam Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: United States: Caprolactam Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: United States: Caprolactam Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Canada: Caprolactam Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Canada: Caprolactam Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Asia Pacific: Caprolactam Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Asia Pacific: Caprolactam Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: China: Caprolactam Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: China: Caprolactam Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Japan: Caprolactam Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Japan: Caprolactam Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: India: Caprolactam Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: India: Caprolactam Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: South Korea: Caprolactam Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: South Korea: Caprolactam Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Australia: Caprolactam Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Australia: Caprolactam Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Indonesia: Caprolactam Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Indonesia: Caprolactam Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Others: Caprolactam Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Others: Caprolactam Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Europe: Caprolactam Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Europe: Caprolactam Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Germany: Caprolactam Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Germany: Caprolactam Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: France: Caprolactam Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: France: Caprolactam Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: United Kingdom: Caprolactam Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: United Kingdom: Caprolactam Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Italy: Caprolactam Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Italy: Caprolactam Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Spain: Caprolactam Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Spain: Caprolactam Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Russia: Caprolactam Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Russia: Caprolactam Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Others: Caprolactam Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Others: Caprolactam Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Latin America: Caprolactam Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Latin America: Caprolactam Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Brazil: Caprolactam Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Brazil: Caprolactam Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Mexico: Caprolactam Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Mexico: Caprolactam Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Others: Caprolactam Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Others: Caprolactam Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Middle East and Africa: Caprolactam Market: Sales Value (in Million US$), 2015 & 2020
Figure 77: Middle East and Africa: Caprolactam Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 78: Global: Caprolactam Market: Import Trends (in Million US$), 2015-2020
Figure 79: Global: Caprolactam Market: Import Breakup by Country (in %), 2020
Figure 80: Global: Caprolactam Market: Export Trends (in Million US$), 2015-2020
Figure 81: Global: Caprolactam Market: Export Breakup by Country (in %), 2020
Figure 82: Global: Caprolactam Industry: SWOT Analysis
Figure 83: Global: Caprolactam Industry: Value Chain Analysis
Figure 84: Global: Caprolactam Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Caprolactam Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Caprolactam Market Forecast: Breakup by Source (in Million US$), 2021-2026
Table 3: Global: Caprolactam Market Forecast: Breakup by End-Product (in Million US$), 2021-2026
Table 4: Global: Caprolactam Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 5: Global: Caprolactam Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Caprolactam: Export Data of Major Countries, 2020
Table 7: Global: Caprolactam: Import Data of Major Countries, 2020
Table 8: Global: Caprolactam Market: Competitive Structure
Table 9: Global: Caprolactam Market: Key Players