The Polyamide Boom: A Contrast to Caprolactam's Oversupply Concerns

Prismane Consulting is thrilled to announce the release of the latest edition of its comprehensive report, titled "Global Caprolactam Market Study, 2016-2032 which includes historic and current market situation of Caprolactam across several end-use industries. The report forms part of the Global Polyamides Strategy Report, 2016-2032.

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In this comprehensive market study, we dive into the dynamic world of Caprolactam on a global scale. The report presents a thorough analysis of the worldwide Caprolactam market, with a focus on its demand across various applications in key countries. The study covers demand-supply analysis for regions including North America, Western Europe, Central & Eastern Europe, Central & South America, Asia-Pacific, Middle East and Africa and major countries like the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Russia, Poland, Turkey, China, Japan, India, South Korea, Thailand, Taiwan, South Africa, and Saudi Arabia.

Polyamide's Upward Trajectory and the Shadow of Caprolactam Oversupply

Caprolactam, primarily derived from cyclohexane, is mainly used in the production of polyamide 6 fibres, as well as polyamide 6 engineering resins and films. Polyamide 6 fibres have diverse applications, including textiles, carpets, and industrial yarns. Meanwhile, polyamide resins are essential engineering plastics, finding use in automotive manufacturing, specialty food packaging in films, electrical & electronics, consumer goods and wires & cabling applications.

The shift of polyamide 6 textile fibre production to Asia, coupled with the relocation of automobile, plastics, and electronics manufacturing away from more industrialized regions, has collectively fuelled the historical growth of caprolactam and polyamide 6 in Asia. Furthermore, mainland Chinese production of polyamide fibre and resin has been rapidly expanding.

Globally, the caprolactam industry has remained relatively stagnant, with the exception of China. China has significantly increased its caprolactam production capacity between 2012 and 2022, averaging an annual addition of 400 kilo tons of capacity since 2015. In 2012, China's caprolactam imports peaked at approximately 700 kilo tons, but these imports decreased as China expanded its domestic caprolactam production capabilities. Nevertheless, China still imported around 220 KT of caprolactam primarily from the European market in 2021-2022. Several companies have either already added or are planning to add an additional two thousand tons of caprolactam production capacity by 2027. With these substantial capacity additions, China's industry, which was previously oversupplied, is further poised to worsen. The overall decline in competitiveness in the caprolactam industry has led to several capacity closures in the U.S, Europe, and Japan between 2015 and 2022.

Topics Covered
The report covers the following topics:
- Caprolactam production capacity, average capacity utilization rates, and production
- Caprolactam Market data in term of volume and value for each end-use at regional and country level
- Caprolactam Market analysis for production, capacity, demand, supply, trade, and utilization rates at regional and country level
- Trade balance and target markets for current situation, new expansions, or new projects
- Business opportunity assessment
- Macro-economic factors like GDP, population, and world economic integration
- Strategic issues and recommendations
- Strategic recommendations for vendors, and industry stakeholders
- Market analysis and forecasts (short-, mid- and long-term forecast) from 2016 till 2032

Related reports
Polyamide 6 Market Study, 2016-2032
https://prismaneconsulting.com/report-details/global-polyamide-6-pa6-market-report-2016-2032

Global Ammonium Sulphate Market Study, 2016-2032
https://prismaneconsulting.com/report-details/global-ammonium-sulphate-market-study-2016-2032

Global Engineering Plastics Market Study, 2014-2030
https://prismaneconsulting.com/report-details/global-engineering-plastics-market-study-2014-2030

Mr. Tejas Shah
Prismane Consulting
420, Amanora Chambers,
Town Centre Amanora,
Magarpatta Road, Hadapsar,
Pune, India 411028

Prismane Consulting is a unique global boutique consulting firm with an Indian origin. We present ourselves to the world outside providing management, economic and technical expertise to improve customer engagement, boost operational efficiency, reduce costs and achieve superior business results. Prismane Consulting serves leading businesses in the field of Chemicals, Petrochemicals, Polymers, Materials, Environment and Energy. We have been advising clients on their key strategic issues solving their toughest and most critical business problems.
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This release was published on openPR.