Caprolactam Market is Subjugated By Respective Regional Players - Report by MarketsandMarkets
(PRWEB) November 21, 2014 -- The research report on "Caprolactam Market", analyzes and defines the market with respect to opportunities, market drivers and trends in different regions.
Browse 89 market data tables 35 figures spread through 191 pages and in-depth TOC on "Caprolactam Market".
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The Caprolactam Market is Subjugated By Respective Regional Players Along With the Presence of Few Global Players in The Key Growth Markets. The Asia-Pacific region is the largest market, followed by Europe, in the global caprolactam industry. Various market players have integrated their value chains so as to reduce the impact of external environment on product economics.
BASF SE (Germany), China Petroleum & Chemical Corporation (China), China Petrochemical Development Corporation (China), Honeywell International Inc. (U.S.), Kuibyshevazot OJSC (Russia), Royal DSM N.V. (The Netherlands), and others are the most active and key players in the caprolactam market.
The caprolactam market volume is estimated to be 5,663.0 thousand tons by 2019, signifying a firm annualized growth rate of about 3.7% from 2014 to 2019.
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The global market, along with its end use in polyamide 6, witnessed a significant growth in the past few years and this growth is estimated to continue in the coming years. Quality, durability, lightweight nature, excellent energy absorbing property, an upsurge in the demand for durable polyamide 6, the demand for recyclable caprolactam, and the upcoming safety regulations & innovative techniques developed for its use will be the key influencing factors for the global caprolactam market with the increased emphasis on its different types and their applications.
In terms of market activities, investments and expansions were the most preferred development strategies by the players to increase their product portfolio, market share, and geographic reach. A large number of expansions by the key players were seen in 2012.
In 2012, Ube Industries strengthened its position in the caprolactam market by investing in Thailand and Spain plants. The geographical re-balancing of Ube activities has resulted in a proportional increase of the caprolactam industry in the Asia-Pacific and European markets.
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China Petroleum & Chemical Corporation is also engaged in manufacturing caprolactam at Maoming in southern Guangdong province; this plant is helping the company to focus particularly on the South China region and meet the demand supply gap by 2015.
Scope of the Report
On the basis of material:
• Fibers
• Engineering plastics
On the basis of applications:
Engineering Plastics
• Automotive
• Film & coating
• Industrial/Machinery
• Electrical & electronics
• Consumer goods
• Appliances
• Wire & cable
• Others
Fibers
• Textile
• Industrial
• Carpet
• Staple
Each application is described in detail in the report with volume and value forecasts for each application.
On the basis of geography:
• North America
• Europe
• Asia-Pacific
• ROW
The global caprolactam market is further analyzed for key countries in each of these regions.
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