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Polycaprolactam Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Report Format: PDF+Excel | Report ID: SR112024A24421
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Polycaprolactam Prices December 2023
|
Product
|
Category | Region | Price |
|---|---|---|---|
| Polycaprolactam | Chemical | USA | 2,294 USD/MT |
| Polycaprolactam | Chemical | China | 1,706 USD/MT |
| Polycaprolactam | Chemical | Germany | 2,643 USD/MT |
The polycaprolactam prices in the USA for Q4 2023 reached 2,294 USD/MT in December. The market faced a challenging period, marked by slow demand and high inventory levels. As the market moved toward the year's end, supply and demand started to align more closely, leading to more stable price trends.
The price trend for polycaprolactam in China for Q4 2023, reached 1,706 USD/MT in December. The market experienced a dynamic year, driven by strong demand from the fiber and fabric sectors and later influenced by reduced access to cost-effective crude sources.
The price trend for polycaprolactam in Germany for Q4 2023, reached 2,643 USD/MT in December. The market faced a period of oversupply and weak demand, mirroring broader European trends. The initial months saw stagnant pricing despite global increases in crude oil costs. Later months witnessed upward prices as stocks reduced and supply became tighter.
Polycaprolactam Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Polycaprolactam Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of polycaprolactam pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
It encompasses an in-depth review of spot price of polycaprolactam at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of polycaprolactam price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing polycaprolactam price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.
Polycaprolactam Market Analysis
The global polycaprolactam market size reached US$ 18.7 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 32.13 Billion, at a projected CAGR of 6.20% during 2023-2032.
- The automotive sector also benefits significantly from the properties of polycaprolactam. This polymer is used in the manufacturing of various components, including gears, bearings, fuel tanks, and under-the-hood parts. The high melting point and excellent mechanical strength of polycaprolactam makes it suitable for applications where exposure to heat and mechanical stress is common. Additionally, its resistance to oils, fuels, and other chemicals ensures the longevity and reliability of automotive components made from this material. As the automotive industry continues to advance, the demand for lightweight and durable materials like polycaprolactam is expected to grow, driven by the need to improve fuel efficiency and reduce emissions. As per the predictions of the IMARC Group, the global automotive lightweight materials market will reach US$ 145.4 billion by 2032.
- In the electronics field, polycaprolactam can be used to make insulating coatings and parts such as housings for connectors and switches. The electrical insulating properties of polycaprolactam, along with its flame resistance and thermal stability, make it a safe and secure option for electronic equipment. Polycaprolactam can also be molded to intricate shapes allowing complex components required in modern electronic devices. Given the increasing miniaturization and complexity of electronic devices, there will be a continued need for materials such as polycaprolactam that have functionality combined with safety.
- Polycaprolactam is a leading material in the textile and clothing industry. It is also utilized in the creation of fabrics (main use in knitwear, swim wear and sportswear), besides being an outer wear-fiber. These properties are demonstrated in the strength, elasticity, and durability that polycaprolactam brings to these applications. Polycaprolactam can also be adjusted to gain special features that help enhance textile product functionality and wear, unlike natural fibers. Polycaprolactam is lightweight and dry quickly, which makes it suitable for use in athletic or outdoor conditions. In 2024, BASF and Inditex introduced loopamid, a polyamide 6 (nylon 6) made from 100% textile waste.
- The packaging industry utilizes polycaprolactam, particularly in the production of flexible films and containers. The barrier properties of polycaprolactam against gases, oils, and aromas make it ideal for food packaging, ensuring product freshness and extending shelf life. Additionally, its mechanical strength and durability provide protection against physical damage during transportation and storage. Polycaprolactam is also used in industrial packaging applications where robustness and resistance to harsh chemicals are required. The versatility of polycaprolactam in packaging applications highlights its importance in maintaining the quality and safety of products across various sectors. In 2023, BASF and StePac collaborated to manufacture next generation sustainable packaging made from chemically recycled polyamide 6.
Polycaprolactam News
The report covers the latest developments, updates, and trends impacting the global polycaprolactam market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in polycaprolactam production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the polycaprolactam price trend.
Latest developments in the polycaprolactam industry:
- April 2024: DOMO Chemicals inaugurated a new polyamide production plant in Zhejiang, China. This significant milestone showcased DOMO’s determination to meet the rising need for its TECHNYL® polyamide-based intelligent solutions in China.
Product Description
Polycaprolactam, commonly referred to as nylon 6, is a synthetic polymer belonging to the polyamide family. It is produced through the polymerization of caprolactam, a lactam of six carbon atoms. It is extensively used in the textile industry for making fabrics used in hosiery, swimwear, sportswear, and outerwear. Its high strength, elasticity, and durability make it an ideal material for activewear and outdoor clothing. Additionally, its lightweight nature and quick-drying properties enhance its functionality in apparel applications.
It is used in the production of insulating materials and electronic components like connectors, switches, and housings. Its electrical insulating properties, combined with flame retardancy and resistance to thermal degradation, make it suitable for use in electronic devices. It is employed in the packaging industry to produce flexible films and containers. Its barrier properties against gases, oils, and aromas make it ideal for food packaging, ensuring product freshness and extending shelf life. It is also used in industrial packaging due to its robustness and resistance to harsh chemicals.
Regional Coverage
The report provides a detailed analysis of the polycaprolactam market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the polycaprolactam price trend.
Global Polycaprolactam Price
The report offers a holistic view of the global polycaprolactam pricing trends in the form of polycaprolactam price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights the current price but also provides insights into polycaprolactam historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.
The report also delves into polycaprolactam price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed polycaprolactam demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Europe Polycaprolactam Price
The market faced significant challenges during the period, marked by an oversupply and weak demand. This combination led to a stagnant price trend even though a rise in crude oil prices. It wasn't until later in the fourth quarter, when stock levels decreased and availability tightened, that suppliers could adjust prices upward. Overall, the market showed a lackluster performance throughout the quarter.
This analysis can be extended to include detailed polycaprolactam price information for a comprehensive list of countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Polycaprolactam Price
The market in the region mirrored the trends seen in Europe, grappling with sluggish demand and ample supply. To encourage sales and manage inventory levels, suppliers kept prices low. Progressively, the market began to stabilize, as the imbalance between supply and demand lessened. By the end of Q4, prices levelled off, but overall, the market remained subdued with minimal shifts in sentiment.
Specific polycaprolactam historical data within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Polycaprolactam Price
The report explores the polycaprolactam pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
In addition to region-wise data, information on polycaprolactam prices for countries can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Polycaprolactam Price
During Q4 of 2023, the market experienced a notable upward trend. The fiber and fabric sectors maintained a steady demand, which, combined with increased production costs because of higher crude oil prices and lowered access to Russian oil in the countries like India and China, drove prices up. The beginning of the fourth quarter saw a temporary decline as inventories grew and crude prices stabilized. However, renewed market demand in the region led to a swift recovery, pushing prices back up toward the end of the year.
This polycaprolactam price analysis can be expanded to include a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Polycaprolactam Price
The analysis of polycaprolactam prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.
This comprehensive review can be extended to include specific countries within the region.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Polycaprolactam |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Polycaprolactam Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
|
| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
|
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of polycaprolactam pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
- The study examines factors affecting polycaprolactam price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The polycaprolactam price charts ensure our clients remain at the forefront of the industry.
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