Global Caprolactum Market Analysis, Growth, Trends & Forecast 2018-2023, With an Estimated CAGR of Almost 5% – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The "Global
Caprolactum Market – Segmented by Raw Materials, End Product,
Application, End-User Industry and Region – Growth, Trends and Forecast
(2018 – 2023)" report has been added to ResearchAndMarkets.com's
offering.
The caprolactum market is expected to witness a CAGR of approximately
4.9% during the forecast period 2018-2023.
Nylon 6 fibers are increasingly used in the automotive sector in tire
cord manufacture, engine covers, gears, and bearings, owing to their
intrinsic properties, such as great tensile strength, durability, and
fatigue resistance. Caprolactam is increasingly replacing metals in
various automotive applications, such as air intake manifolds in the
nylon 6 resin.
The caprolactum market is segmented on the basis of raw materials,
end-product, application, and end-user industry. Based on the
end-product, Nylon 6 fibers are the major end-products and have an
approximately 53% market share. Owing to the superior chemical as well
as physical characteristics of caprolactam, such as lightweight and high
tensile strength, nylon 6 fibers are increasingly used in various
textile and carpets applications.
Asia-Pacific is the largest market for caprolactum and it accounts to
more than 65% of the global market, in terms of demand. This is due to a
strong need from the engineering plastics and textiles industries. China
is the world's largest market for caprolactam.
Companies Mentioned
- BASF SE
- Capro Corp.
- China National Petroleum Corp.
- China Petroleum & Chemical Corp.
- DOMO Caproleuna GmbH
- Fertilizers & Chemicals Travancore Ltd.
- Gujarat State Fertilizers & Chemicals Ltd.
- Honeywell Chemical Intermediates
- IRPC Public Company Ltd.
- Juhua Group Corp.
- Lanxess AG
- Marubeni Corp.
- Ojsc Kuibyshevazot
- Royal DSM N.V.
- Sumitomo Chemical Co. Ltd.
- Toray Industries Inc.
- UBE Industry Group
Key Topics Covered:
1. Introduction
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Competitive Landscape
8. Company Profiles
9. Disclaimer
For more information about this report visit https://www.researchandmarkets.com/research/qxhz2w/global?w=4
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Related
Topics: Plastic
Additives , Chemical
Auxiliary Agents