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Caprolactam Market : Major Manufacturers Production, Share, Size and Sales Analysis Forecast to 2023
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Caprolactam (CPL) is manufactured by the synthesis of phenol or cyclohexane., The colourless solid is a cyclic amide or a lactam of caproic acid. Caprolactam is the predecessor to nylon 6, an extensively used synthetic polymer.
Caprolactam is used to produce nylon 6 fibers and resins that are used widely in various applications. Owing to the superior chemical as well as physical characteristics of caprolactam such as light weight and high tensile strength, nylon 6 fibers have become materials of choice in various textile and carpets application.
By product segment type, the global caprolactam market can be divided into applications of nylon 6 fibre and nylon 6 resins. On the basis of applications of nylon 6 resins, the global caprolactam market can be divided into engineering plastics, packaging, electronics and others (lysine synthesis, composites and musical strings).
Upcoming investments and expansions is a major trend in the caprolactam market. Caprolactam is increasingly replacing metals in automotive applications such as air intake manifolds in nylon 6 resin.
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DSM, Honeywell, Ube Industries, BASF SE and Capro Corporation are some of the major competitors in the caprolactam market. Other competitors in the global caprolactam market are China Petrochemical Development Corporation, Azot Cherkassy, Braskem, Domo Caproleuna GmbH, DSM, GSFC Ltd , Shandong Haili Chemical Industry Co. Ltd., Sumitomo Chemical, Lanxess, DSM, Toray Industries, Univex Corp.
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