Caprolactam And Nylon 6 Market

Caprolactam and Nylon 6 Market - Global Market Share, Trends, Analysis and Forecast, 2023-2032
Frequently asked questions about this report

The caprolactam and nylon 6 market is expected to reach US$ 21.18 Billion by 2032.

The caprolactam and nylon 6 market is expected grow at a CAGR of 3.7% from 2023 to 2032.

The global caprolactam and nylon 6 market is driven by the increasing demand for high-performance materials, technological advancements in production processes, and the expanding range of applications across industries.

The caprolactam and nylon 6 market was estimated to be US$ 14.73 Billion in 2022.

The Asia-Pacific region dominates the caprolactam and nylon 6 market, driven by several factors are rapid industrialization, urbanization, and the presence of emerging economies contribute to the region's strong demand for nylon 6 in various industries.

The engineering plastics is the largest application segment in the caprolactam and nylon 6 market. The engineering plastics segment dominates primarily because nylon 6 is extensively employed in manufacturing components and parts that require durability, structural integrity, and resistance to harsh conditions.

Ascend Performance Materials LLC, BASF SE, China Petrochemical Corporation, DOMO Chemicals, DSM Engineering Plastics, Formosa Chemicals & Fibre Corporation, Gujarat State Fertilizers & Chemicals Ltd., Honeywell International Inc., LANXESS AG, RadiciGroup, Royal DSM N.V., Saudi Basic Industries Corporation (SABIC), Sumitomo Chemical Co., Ltd., UBE Industries, Ltd., Zhejiang Hengyi Group Co., Ltd. among others, are the key players in this market.