카프로락탐 세계 시장 규모는 2022년 141억 9,000만 달러로 평가되며, 2023년 146억 9,000만 달러에서 2031년 187억 2,000만 달러로 성장할 것으로 예상되며, 예측 기간(2024-2031년) 동안 5.7%의 CAGR로 성장할 것으로 예상됩니다.
카프로락탐은 높은 인장 강도, 유연성, 내마모성 등 우수한 특성으로 인해 매우 인기 있는 원료입니다. 흡습성이 낮고 내화학성이 우수하여 건축, 전기, 전자 분야의 엔지니어링 플라스틱에 많이 사용됩니다. 또한 카프로락탐은 브러시 강모, 섬유 보강재, 합성 피혁 등 틈새 시장에도 사용됩니다. 카프로락탐의 주요 용도는 나일론 6 생산의 중간체로, 우수한 내구성으로 인해 자동차 및 섬유 산업에서 널리 사용되고 있습니다. 섬유 산업은 카프로락탐 수요의 주요 견인차 역할을 하고 있으며, 자동차 산업과 건설 산업의 확장과 함께 안정적인 성장이 예상됩니다. 금속 부품을 나일론6로 대체하는 추세는 향후 몇 년 동안 카프로락탐의 시장 성장을 더욱 촉진할 것으로 보입니다.
Global Caprolactam Market size was valued at USD 14.19 Billion in 2022 and is poised to grow from USD 14.69 Billion in 2023 to USD 18.72 billion by 2031, growing at a CAGR of 5.7% in the forecast period (2024-2031).
Caprolactam is a highly sought-after feedstock owing to its outstanding properties, including high tensile strength, flexibility, and abrasion resistance. Its low moisture absorption and established chemical resistance make it a popular choice in engineering plastics across the building, electrical, and electronic sectors. Additionally, caprolactam finds niche applications in brush bristles, textile stiffeners, and synthetic leather. The primary use of caprolactam remains as an intermediate for Nylon 6 production, widely utilized in automotive and textile industries due to its exceptional durability. The textile sector is a major driver of caprolactam demand, which is expected to grow steadily alongside the expanding automotive and construction industries. The trend of substituting metal parts with Nylon 6 will further propel caprolactam's market growth in the coming years.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Caprolactam market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Caprolactam Market Segmental 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.
Driver of the Global Caprolactam Market
The global caprolactam market is significantly driven by the rising demand for nylon fabric, which is widely utilized in the production of various industrial products, including ropes, cables, conveyor belts, drapery fabrics, and mechanical rubber goods. The exceptional properties of nylon, such as its high tensile strength, resistance to abrasion, elasticity, and heat tolerance, make it an attractive alternative for these applications. As industries increasingly prioritize materials that enhance durability and performance, the favorable characteristics of nylon are anticipated to bolster the demand for caprolactam, positively influencing market growth throughout the forecast period.
Restraints in the Global Caprolactam Market
The global caprolactam market faces several significant restraints that could hinder its growth during the forecast period. One of the primary challenges is the volatility in the prices of key raw materials, such as cyclohexane, ammonia, and phenol. These fluctuations can adversely impact production costs and subsequently dampen demand. Furthermore, stringent regulatory measures governing the use of caprolactam present an additional obstacle for market expansion. Additionally, the propensity of caprolactam to absorb moisture, leading to degradation, acts as a further limiting factor. Together, these elements create a challenging environment for the caprolactam industry, affecting its overall performance and growth prospects.
Market Trends of the Global Caprolactam Market
The global caprolactam market is witnessing a positive trend driven by its expanding application in the medical sector. This growth is fueled by ongoing advancements in medical technologies and the increasing demand for medical-grade nylon, which is derived from caprolactam. Its exceptional properties make it the preferred choice for manufacturing critical components of medical devices and surgical instruments, including catheters, surgical sutures, and implants. The ability of caprolactam-based materials to withstand harsh sterilization processes without compromising their integrity is essential for ensuring patient safety and health. As healthcare continues to evolve, the significance of caprolactam in medical applications is projected to rise, enhancing its market presence globally.