USD 14.69 Billion
Caprolactam Market Size, Share, and Growth Analysis
Caprolactam Market By Application (Nylon 6 Fibers, Nylon 6 Engineering Plastics), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG15E2555 |
Region:
Global |
Published Date: December, 2024
Pages:
161
|Tables:
0
|Figures:
0
Format -
Caprolactam Market Insights
Caprolactam Market size was valued at USD 14.69 Billion in 2023 and is poised to grow from USD 15.21 Billion in 2024 to USD 19.38 Billion by 2032, growing at a CAGR of 3.52% during the forecast period (2025-2032).
Caprolactam is one of the most preferred feedstocks because of its excellent characteristics such as high tensile strength, flexibility and abrasion resistance. Due to its established chemical and oil resistance and low moisture absorption it is also a widely used engineering plastic in the building, electrical and electronic sectors. Caprolactam has many more niche applications such as brush bristles, textile stiffeners, film coatings, synthetic leather, plasticizers, cross-linking for polyurethanes and lysine production. Caprolactam is mainly used as an intermediate for the production of synthetic fibers, especially Nylon 6. Nylon 6 resin is commonly used in automotive and textile industries due to its superior flexibility and high tensile strength properties.
As nylon 6 occupies the largest portion of demand for caprolactam products, caprolactam consumption is driven greatly from global textile sector market fundamentals. Hence, demand for this feedstock is likely to increase over the caprolactam market forecast period at an essential rate owing to stable growth of the textile industry. The increasing demand from automotive and construction industries is also fueling the expansion of the market. Nylon 6 is used as the substitute for metal auto parts owing to superior temperature, and chemical resistance which will boost the caprolactam demand as a feedstock in the next few years.
Market snapshot - 2025-2032
Global Market Size
Largest Segment
Fastest Growth
Growth Rate
3.52% CAGR
Global Advanced Analytics Market ($ Bn)
Country Share for North America Region (%)
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Caprolactam Market Segments Analysis
Global Caprolactam Market is segmented by Application and region. Based on Application, the market is segmented into Nylon 6 Fibers (Textile Filament, Industrial Filament, Carpet Filament, Staple Fiber), Nylon 6 Engineering Plastics (Automotive, Electrical & Electronics, Consumer Goods, Industrial & Machinery, Wire & Cable, Others (oil & gas, medical)), Films (Food Packaging, Pharmaceutical Packaging, Agricultural Packaging), Others (cross-linking for polyurethane, synthesis of lysine, synthesizing of medical/pharmaceutical components, paint vehicles). Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Analysis by Application
In 2023, the textile yarn segment was dominating with the largest caprolactam market share. This is because of its high application in nylon 6 production. Caprolactam serves as monomer in textile uses to manufacture polyamide known as nylon 6. Which is high strength-to-weight ratio with great chemical resistance and thermal resistance. Another factor, textile yarn plays a vital role in the production of apparel and home furnishing products such as curtains, bedsheets, carpets, etc., which leads to market growth of this segment with growth in textile industry. Hence, due to these reasons the demand for this segment is increasing resulting in the growth of the market.
Industrial yarn is estimated to grow at the fastest CAGR throughout the caprolactam market forecast period. Caprolactam, being the major raw material for production of few by-products which are used in different end-use industries, will possibly contribute towards to this market growth. For Nylon 6, Caprolactam is used as the main structure building unites. This is applied in industries such as construction and automotive for making several types of ropes and vehicle body parts. As a result, leading to demand growth for nylon 6 in automotive and construction sectors which further expected to support reading of caprolactam market. As a result of these factors, this segment is driving the growth of the market.
Analysis by End-use
According to caprolactam market analysis, the automotive segment is dominating the market. This is primarily due to the rising growth of the automotive industry and potential consumers seeking the highest amount for nylon6. Nylon 6 electrolytic copper foil exhibits improved strength, lighter weight and durability that has found greater usage. Nylon 6 is used for components that are subject to wear and tear, like engine components and gears. It is also used to make parts such as door panels and dashboards in the vehicle. The higher utilization of nylon 6 as a sustainable alternative is also facilitating the growth of the market. The rapid growth of the automotive sector is also expanding the caprolactam market.
Based on the end-use, the film and coating segment is estimated to be the fastest growing segment during caprolactam market forecast period. Rising caprolactam demand along with its applications as an additive in films production is driving the market growth. The film is well protected from several gases and chemicals with the help of Caprolactam which helps in enhancing barrier properties of the films. Additionally, the rise in caprolactam consumption capacity as an additive to manufacture substitutes such as adhesives and coatings is aiding the growth of the market. These growing requirements for the film and coatings segments are increasing the growth of the caprolactam market.
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Caprolactam Market Regional Insights
The Asia Pacific region is dominating the caprolactam market with the largest share. The growth in the market was due to the rapid industrialization along with the increase in demand for caprolactam from automotive, construction, and other sectors. Growth of industry, especially in India and China with numerous automotive and appliance manufacturing plants coming up is anticipated to act as a positive factor for industry growth over the future. Moreover, the rising disposable incomes are expected to raise the requirement for passenger vehicles in India and China, which is projected to fuel the demand for caprolactam by-products. These factors are increasing the growth of the market in the region.
The caprolactam industry in North America is expected to grow at the fastest rate during the forecast period. Rise in number of key manufacturing companies and increasing use of caprolactam for production of nylon 6 is propelling the market growth in North America region. Bolstered by a rapidly expanding automotive sector in the region, caprolactam remains in high demand for the manufacture of different components on vehicles such as engine parts and interior vehicle components. Additionally, the increase of caprolactam use in the textile industry owing to its unrivaled strength and durable properties is propelling in turn growth for this market across the region. Increasing application of caprolactam in the production of high-grade textiles for use in automotive interiors and seat covers in the U.S. Moreover, raise in sustainable nylon 6 consumption as end-product has also contributed in the domestic caprolactam industry growth.
Global Caprolactam Market By Geography
- Largest
- Fastest
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Caprolactam Market Dynamics
Drivers
High Nylon Fabric Demand
- Nylon fabric of industrial yarn is being increasingly used for making rope, cable, conveyor belts, drapery clothes and mechanized rubber goods. Substituting the demand for nylon fabrics by favorable properties such as high tensile strength, scrub resistance, elasticity and heat resistance are expected to have a positive effect on caprolactam market over the forecast period.
Need for Lightweight Automotive Vehicles
- Strength-weight matrices are of utmost importance in new generation vehicles. The next-gen vehicles will continue to have the light-weight nature of its structure and the strength as combination of various advanced materials. The reduced weight is by saving weight from the vehicle itself, which in turn saves more fuel, leading to lesser amount of CO2 generation. These polyamide parts are lighter and have a higher strength than the metal components.
Restraints
Fluctuating Raw Material Price and Unfavorable Regulations
- The price fluctuation of raw materials like cyclohexane, ammonia, and phenol is anticipated to be the leading restrain factor which hindered demand during the forecast period. In addition, the use of caprolactam is strictly regulated and moisture absorption causes degradation are the prominent factors which one more fractionally limits the market growth during the forecast period.
Supply Shortages of Key Raw Materials
- Caprolactam is largely derived from petroleum-based feedstocks, like benzene and cyclohexane, both of which are obtained from crude oil. Seasonal variation in their availability, and international movement of crude oil prices due to variable factors like global demand and supply, geopolitical tensions and environmental regulation will influence the cost of these feedstocks.
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Caprolactam Market Competitive Landscape
Industry leaders are spending significant amounts on research and development to create new products, optimize existing ones, and find the best production methods that can give them an advantage. The major companies have increased their production capacity and are upgrading the existing facilities to produce more output and cater to the increasing demand while also lowering the operational cost. Key players are also broadening their geographical footprint by tapping into new markets or reinforcing existing ones. This can be done through advertisements, collaborations with regional companies, or establishing onshore offices or factories as well. Additionally, companies are also concentrating on creating natural-based products and sustainable manufacturing processes to appeal to environmentally friendly customers and meet regulatory standards.
Top Players in Caprolactam Market
- Advansix Inc.
- Alpek S.A.B. de C.V.
- BASF SE
- Capro Co.
- China Petrochemical Development Corporation
- China Petroleum & Chemical Corporation (Sinopec)
- DOMO Chemicals
- Fibrant
- Fujian Jinjiang Petrochemical
- Juhua Group Corporation
- Lanxess AG
- PJSC KuibyshevAzot
- Shandong Haili Chemical Industry Co., Ltd.
- Sumitomo Chemical Co., Ltd.
- Toray Industries, Inc.
- UBE Corporation
- Xuyang Group
- Aquafil S.p.A.
- Fertilisers and Chemicals Travancore Limited (FACT)
- Valco Group
Recent Developments
- AdvanSix Inc., in June 2023, introduced its first 100 percent post-consumer recycled content nylon offering—an example of providing a circular solution to assist customers in meeting their sustainability targets.
- Xuyang Group began producing caprolactam at its Cangzhou Park site in September 2022 after it completed the second phase of a 300,000 tons per year caprolactam expansion project.
- Domo Chemicals increased the capacity for caprolactam production to 500,000 tons/year (originally 176,000 tons/year) at its site in Germany in March 2022.
Caprolactam Key Market Trends
- Rising Application in the Medical Sector: The growth surface of caprolactam is expanding consistently due to never-ending advancements in medical applications. Considered a medical-grade nylon, polymers based on caprolactam are the most utilized in healthcare for making components of some medical devices and surgical instruments. Caprolactam-based materials are used in the manufacture of several essential medical device components such as catheters, surgical sutures, and implants. Such ability to endure harsh sterilization methods without damaging the properties of these materials are critical for patient health and safety.
- Increasing R&D Especially to Implement Technology Advancement: Increasing R&D investment, rapid industrialization and growing adoption of green practices among makers for effective process planning, minimizing environmental impact and innovation in product quality are projected to drive the overall market growth during the forecast period. Ongoing advancements in technology are becoming a prominent factor in stimulating the development of the market. Such advancements encompass various aspects of caprolactam production processes based on novel industrial processes, catalyst developments, and process optimization.
Caprolactam Market SkyQuest Analysis
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, rapid growth of the caprolactam industry, specifically driven by increasing adoption of nylon 6 in electronics, textiles and automotive is one factor. Owing to its remarkable mechanical properties, strength, and chemical resistance, nylon 6 is widely used for the manufacture of resins, fibers, and engineering plastics. The caprolactam market also receives an additional growth boost by technological advancements with cost-effective and sustainable production methods. It has also resulted in manufacturers focusing on sustainable practices and investing more in research & development for efficient processes, less environmental impact and better-quality products. Additionally, the rising focus of industries such as automotive and aerospace on lightweight, fuel-efficient materials will boost the consumption of nylon 6-based composites; thereby boosting caprolactam demand.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 14.69 Billion |
| Market size value in 2032 | USD 19.38 Billion |
| Growth Rate | 3.52% |
| Base year | 2024 |
| Forecast period | 2025-2032 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Caprolactam Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Caprolactam Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Caprolactam Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Caprolactam Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Caprolactam Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Caprolactam Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Caprolactam Market Report Snapshots
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