Caprolactam Market Size

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.