LONDON, UNITED KINGDOM--(Marketwired - October 11, 2016) - The global recession of 2008-2009 had a negative influence on the world's caprolactam market. However, in 2010 this market has already got over difficulties and set a course for further growth. The global caprolactam market is anticipated to continue keeping to a growth trend through 2020.
Asia-Pacific is the largest regional market for caprolactam in terms of both value and volume. This regional market is poised to continue holding the dominant position in the short run, driven primarily by the enhancing demand for polyamide 6 for various application, particularly electrical & electronics, automotive and film & coating industries.
China, the US, Japan, Germany, Brazil, India and Russia are the top country-wide markets for caprolactam.
The global demand for caprolactam is poised to increase in the short run, spurred majorly by increasing nylon 6 resin and fiber consumption, which in its turn is propelled by strong demand in the packaing, consumer goods, consumer appliances, electronics, automotive industries, amid others.
Enhancing focus on research and development for commercial production of bio-based caprolactam and also resultant bio-nylon is likely to open new lucrative growth opportunities for caprolactam market in the years ahead.
The top players in the caprolactam market include Royal DSM N.V., BASF SE, Honeywell International, UBE Industries and SINOPEC.
New research publication "Caprolactam (CPL): 2016 World Market Outlook and Forecast up to 2020" has been recently published by Merchant Research & Consulting, Ltd.
Published: September, 2016
Price: US$ 4,500
This cutting-edge in-demand research study presents a comprehensive guide to the worldwide caprolactam market, covering the market's historical background, current scenario and future outlook. It provides a detailed analysis of the carolactam market growth drivers, limiters, trends, challenges and opportunities; touches upon the regulative initiatives, discusses the hottest issues, reviews the recent developments and also investigates the competitive landscape and profiles top participants. Key region- and country-wide markets for caprolactam are examined in the report. Additionally, the report discusses the future growth prospects and contains future forecasts through 2020.
Other in-demand market research studies by this publisher are provided at Merchant Research & Consulting website.