Press Release Description
Global Caprolactam Market is Projected to Experience Exponential Growth at a Steady CAGR of 3.98% During Forecast Period i.e., 2025-30
The Global Caprolactam Market size was valued at around USD 16.92 billion in 2024 and is projected to reach USD 21.38 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 3.98% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in the recent research report.
The demand for caprolactam is gaining significant momentum worldwide, primarily driven by the booming textile industry and surging demand for engineering plastics across automotive, electronics, and construction sectors. Moreover, with growing environmental concerns and stricter regulatory mandates, manufacturers are actively exploring sustainable production methods. The development of bio-based caprolactam from renewable resources is gaining traction, creating a competitive edge for manufacturers focused on eco-friendly innovations.
Additionally, the rising inclination of automakers toward vehicle light weighting using Nylon 6 composites further opens lucrative avenues for caprolactam suppliers, especially as global vehicle production surges in emerging markets. Furthermore, advancements in caprolactam manufacturing aimed at minimizing ammonium sulfate byproducts are expected to drive efficiency gains, promote greener output and elevate the market growth, further states the research report, “Global Caprolactam Market Analysis, 2025.”
Segmentation Analysis
Nylon 6 Fibres Dominate the Industry with Exponential Growth
Based on the End Product segment, the market is further bifurcated into, Nylon 6 Resins and Nylon Fibres.
Among these, Nylon 6 Fibres hold the potential share in the global caprolactam market. This dominance stems from their widespread application in textile and carpet manufacturing, where they are prized for characteristics such as high tensile strength, resistance to abrasions, and adaptability across fashion, sportswear, and industrial fabrics. Their combination with spandex fibers further enhances stretchability and comfort, making them a preferred choice in garments like hosiery, swimwear, and activewear. Consequently, the escalating global demand for Nylon 6 Fibres continues to elevate the consumption of caprolactam.
Asia-Pacific Caprolactam Market Set to Experience Remarkable Growth
Asia-Pacific reigns supreme in the global caprolactam market, led notably by China. The region’s dominance is underpinned by the substantial production of polyamides, widespread industrialization, and expansion of automotive manufacturing hubs in China and India. The booming textile sector in countries like Japan and South Korea, along with soaring carpet exports from China, continues to reinforce the regional growth trajectory. The ongoing infrastructure development and rising middle-class population are also expected to escalate demand for durable consumer goods, further fueling caprolactam consumption in the region.
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market players, including Royal DSM NV, BASF SE, Sumitomo Chemicals Limited, Honeywell Chemical Intermediates, China Petroleum and Chemical Corporation, Gujarat State Fertilizers Corporation, Capro Corporation, IRPC Public Company Limited, China National Petroleum Corporation, Sinopec Refining and Chemical Company, Fibrant, Lanxess AG, UBsE Industries Limited, Juhua Group Corporation, Advansix Inc., PJSC Kuibyshevazot, Toray Industries Inc., Fujian Jinjiang Petrochemical, Shandong Haili Chemical Industry Co. Ltd, KurskKhimvolokno Limited, and others are looking forward to strengthening their market position.
Key Questions Answered in the Research Report
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What key factors would propel and impede the industry across the region?
- How has the industry been evolving in terms of geography & product adoption?
- How has the competition been shaping across various countries?
- How has the buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2020-30?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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