Caprolactam Market - Industrial Outlook & New Revenue pockets

The report "Caprolactam Market by Material Type (Engineering Plastics & Fibers), by Application (Textile, Industrial, Carpet, Automotive, Film & Coating, Machinery, E&E, Consumer Goods, Appliances, Wire & Cable, & Others) - Global Trends & Forecast to 2019", analyzes the caprolactam market with respect to market drivers, opportunities, and trends in different regions.

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Competitive scenarios of the top players in the market have been discussed in detail. We have also profiled leading players of this industry with their recent developments and other strategic industry activities. These include: key manufacturers such as BASF SE (Germany), China Petroleum & Chemical Corporation (China), China Petrochemical Development Corporation (China), Honeywell International Inc. (U.S.), Kuibyshevazot OJSC (Russia), Royal DSM N.V. (The Netherlands), and others.

On the basis of material:

• Fibers
• Engineering plastics

On the basis of applications:
Engineering Plastics

• Automotive
• Film & coating
• Industrial/Machinery
• Electrical & electronics
• Consumer goods
• Appliances
• Wire & cable
• Others

Fibers

• Textile
• Industrial
• Carpet
• Staple

For More Info: https://www.marketsandmarkets.com/Market-Reports/caprolactam-market-108120798.html

The caprolactam market is majorly used as an intermediate of polyamide 6. The Caprolactam have different characteristics as per their manufacturing and application requirement in the end products. The Asia-Pacific region is expected to dominate this market with its growing demand for caprolactam in the polyamide 6 for different applications, especially the automotive, film & coating, and electrical & electronics segments. The Asia-Pacific and North America markets are estimated to show a rising growth in the next five years with the allied industries expected to stabilize the overall business need in the respective regions.

R&D is a key part of this market. The manufacturing companies, associations, and end-product manufacturers infuse high investments for future advancements and technology modifications of caprolactam as precursor to replace metals and match the new demands coming from various end-user industries. Polyamide 6 is dominant among all the competitive polyamides available, in terms of consumption and value, reasoned by its optimal cost to performance factor.


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