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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Analysis of Caprolactam Market applications and companies active in the.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Analysis of Caprolactam Market applications and companies active in the."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Analysis of Caprolactam Market applications and companies active in the industry

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Caprolactam Market Size is likely to witness a steady growth from 2017 to 2024 pertaining to high growth in nylon 6 applications in end-use sectors such as automotive, electronics, textiles, packaging, etc.  Caprolactam, is a cyclic amide or lactam of caproic acid. It is a colorless organic compound which is a raw material to nylon 6, an extensively used synthetic polymer. Caprolactam is usually manufactured from three different sources such as cyclohexane, phenol and toluene.  The most commonly used raw material to produce caprolactam is cyclohexane via converting it to oximes by using hydroxylammonium sulfate followed by Beckmann rearrangement. The product’s mechanical properties such as light-weight and high strength makes it an aptly endorsed material to produce nylon fiber and resins. Global Market Scenario of Caprolactam Industry

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Increasing application of nylon 6 in the form of fiber and resins will spur the market growth in next seven years. Nylon 6 fibers has a myriad end-use application owing to the unique characteristics including light weight, fatigue & heat resistance, and high tensile elastic strength.  Various application of nylon 6 fiber including textile, carpets, industrial yarn, etc. is likely to augment the demand of nylon 6 which will further spur the caprolactam market during the forecast spell. The use of nylon resins in automotive industry to manufacture air bags, doors, windows, tire cords, gear, under the hood components, etc. and in electronic industry to manufacture electrical & electronic components will contribute to the product’s market growth.  Rising disposable income of consumers and changing technologies to manufacture light weight vehicle owing to their fuel efficiency will upscale the demand of nylon 6 which will lead to humongous growth of caprolactam market in next seven years. Continue…

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Research Methodology

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  The global nylon 6 resin market is likely to witness CAGR over 6% by the end of 2024 which will further propel the growth of caprolactam market. Favorable government initiatives such as the Indian government’s proposed integrated textile park to assist small and medium entrepreneur by providing financial aid in 2014, will also be a contributing factor for the product industry development.  Asia Pacific will emerge as the fastest growing region which is chiefly driven by increasing number of manufacturing industries in China, India, Japan, and South Korea. Rising automobile & transportation, and textile industry coupled with growing demand of electronic gadgets will augment the demand of caprolactam in the region. Regional Insights

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report On Caprolactam Market@ http://bit.ly/2rHVaOU Request Table of Contents of this report@ http://bit.ly/2DJNVfg For Customization in this report click@ http://bit.ly/2EiDHPT

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