The market research report, entitled Caprolactam Market shows good possibilities in the Caprolactam Market during the next five-year period and ensures more information regarding market trends. The following summary will give an overview of the drivers, challenges and key players in the market.
Global Caprolactam Market Forecast:
The caprolactam market was estimated at USD 12.51 billion in 2021 and is likely to grow at a CAGR of 5% during 2022-2028 to reach USD 17.73 billion in 2028.
What is caprolactam?
Caprolactam is an organic compound, which is used as an intermediate in nylon manufacture. It is a colorless solid and comes from the lactam of caproic acid. It is mildly toxic in nature and is used with fibers for various items.
Caprolactam is used in different applications such as automotive, film coating, electrical electronics, consumer goods, appliances, wire cable, textile, carpet, machinery, and many other industrial items.
Market Dynamics
The growth of the caprolactam market is primarily driven by the following-
- Outstanding energy-absorbing characteristics,
- An upsurge in the claim for durable polyamide 6,
- Demand for recyclable caprolactam,
- The forthcoming safety guidelines pioneering techniques.
For inquiries, Contact:
Ritesh Gandecha
Stratview Research
E-mail: [email protected]
Direct: +1-313-307-4176
About Stratview Research
Stratview Research is a global market intelligence firm helping its clients track the ever-evolving market scenarios through customized and syndicated reports. The reports offered here are gathered with the help of our wide-ranging and reliable secondary sources and in-depth interviews with the linchpins within the market. Extrapolated through primary and secondary research, Stratview Research’s reports help you remain ahead of the curve by enabling you to understand the current market trends and challenges coming on your way. Our strong team of industry veterans and researchers assure high quality research and strategic insights that help companies worldwide in effective decision making.
