Caprolactam Market size was valued at USD 15.68 Billion in 2023 and the total Caprolactam Market revenue is expected to grow at a CAGR of 5.17 % from 2024 to 2030, reaching nearly USD 22.31 Billion.
Caprolactam Market Overview:
The Caprolactam market research delivers an in-depth analysis of the competitive landscape, detailing market share and profiling the leading companies in the global sector. This study encompasses a detailed evaluation of the Caprolactam Market, exploring the factors driving growth disparities across various segments within the industry.
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Market Scope:
Both top-down and bottom-up methodologies are employed to confirm the market size and project the dimensions of the market across various segments. These estimations are derived from sale prices, excluding any discounts offered by manufacturers, distributors, wholesalers, or traders. The calculations of percentage splits, market shares, and segment breakdowns are based on weights allocated to each segment according to their usage rates and average sale prices. To ascertain the distribution of the market and its sub-segments by country, the percentage of market size adoption or usage in each specific region or nation is used.
Segmentation:
by Raw Material
Phenol
Cyclohexane
by Application
Engineering Resins and Films
Synthetic Leather Yarns Textiles and Carpets
Other Applications
by End Product
Nylon 6 Resins
Nylon 6 Fibers
Other End Products
Key Players:
Secondary research is conducted to pinpoint market leaders, whereas both primary and secondary research are utilized to determine market revenue. The secondary research involves analyzing annual and financial reports of prominent manufacturers. In contrast, primary research includes in-depth interviews with key opinion leaders and industry experts, such as seasoned front-line staff, CEOs, and marketing executives. Percentage splits, market shares, growth rates, and global market breakdowns are initially calculated using secondary sources and subsequently validated through primary sources. The major players in the Caprolactam market include:
1. Toray Industries Inc., (Japan)
2. LUXI GROUP (China)
3. Domo Chemicals
4. Fibrant
5. UBE Corporation (Japan)
6. China Petroleum & Chemical Corporation (China)
7. BASF SE (Germany)
8. Aquafil S.p.A.
9. Advansix Inc.
10. Capro Corp
11. DOMO Caproleuna GmbH
12. Fertilizers & Chemicals Travancore Ltd
13. LANXESS (Germany)
14. Ojsc Kuibyshevazot (Russia)
15. Spolana
16. Shandong Haili Chemical Industry Co. Ltd
17. KurskKhimvolokno Ltd
18. DSM (Netherlands)
19. Hengyi Petrochemical Co. Ltd (China)
20. Mogilevkhimvolokno (Europe)
21. Chemicals and Petrochemicals Manufacturers’ Association (India)
Regional Analysis:
The regional analysis in the Caprolactam market study also addresses specific market influencing factors and changes in market legislation that impact both current and future trends. To assess the overall market potential and identify profitable patterns, current and future trends are examined in depth. The evaluation of geographical markets is grounded in both the current landscape and projected trends, providing a comprehensive understanding of the market dynamics.
COVID-19 Impact Analysis on Caprolactam Market:
From January 2020 to May 2020, several countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, experienced a slowdown in growth in end-user industries utilizing Caprolactam due to operational halts. This led to a marked decrease in revenue for companies within these sectors and a subsequent decline in demand for Caprolactam manufacturers, impacting the overall growth of the Caprolactam market in 2020. The global rise in COVID-19 cases and the implementation of lockdowns caused a sharp drop in the demand for Caprolactam from end-user businesses.
- Key Questions Answered in the Caprolactam Market Report are:
- Which segment dominated the Caprolactam market in terms of share in 2024?
- How is the competitive landscape structured in the Caprolactam market?
- What are the primary drivers of growth in the Caprolactam market?
- Which region holds the largest market share in the Caprolactam market?
- What is the projected CAGR for the Caprolactam market during the forecast period? the forecast period (2024-2030)?
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