caprolactam market | Growth, Trends, and Forecast (2021 - 2027)


Posted October 23, 2021 by jiyakottur

whipsmartmi.com offers a new market report on “caprolactam market ” that identifies growth, opportunities, latest trends and key players

 
The Market for Caprolactam is estimated to grow at a CAGR 2.68% rate during the forecast period.

Increasing demand for lightweight vehicles, the growth of films and coatings applications, and the growth of emerging economies are the major factors driving the caprolactam market.Caprolactam is primarily used for the production of nylon 6 fibers and resins. Around 68% of caprolactam is consumed in the production of nylon fibers in the textile industry, globally, for carpet and industrial yarns and is also used in engineering resins and films. Replacement of metal-based applications by nylon 6 fibres due to its properties such as impact, high temperature, and abrasion resistance, and resistance to bases is also one of the major factors for the growth of the market.
By application, nylon 6 fibres are anticipated to be the largest and fastest-growing application of caprolactam. Caprolactam is used in polyamide 6 for manufacturing washable domestic textiles. Due to properties of polyamide fabrics such as high elasticity and resistance to mildew and moths has increased its usage in nets, stockings, female underclothes, parachutes, and sporting garments, thereby, driving the demand for caprolactam.
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1. Caprolactam Market, By Application
1.1. Films
1.1.1. Food packaging
1.1.2. Pharmaceutical packaging
1.1.3. Agricultural packaging
1.1.4. Others
1.2. Nylon 6 Fibers
1.2.1. Textile filament
1.2.2. Industrial filament
1.2.3. Carpet filament
1.2.4. Staple fiber
1.3. Nylon 6 Engineering Plastics
1.3.1. Automotive
1.3.2. Electrical and electronics
1.3.3. Industrial/machinery
1.3.4. Consumer goods
1.3.5. Wire and cable
1.3.6. Others
1.3.7. Others
2. Caprolactam Market, By Region
2.1. North America
2.2. Europe
2.3. Asia Pacific
2.4. Rest of World
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Tags caprolactam applications market , caprolactam segmentation market , caprolactam industry , caprolactam market size , caprolactam market , caprolactam report , caprolactam products market , caprolactam market share
Last Updated October 23, 2021