Caprolactam Market Size

Statistics for the 2023 & 2024 Caprolactam market size, created by Mordor Intelligence™ Industry Reports. Caprolactam size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Caprolactam Industry

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Caprolactam Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR > 3.00 %
Fastest Growing Market Middle East and Africa
Largest Market Asia Pacific
Market Concentration Low

Major Players

Caprolactam Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Caprolactam Market Analysis

The global caprolactam market is projected to record a CAGR of more than 3% during the forecast period.

Due to the outbreak of COVID-19, the caprolactam market was negatively impacted. Owing to the lockdown in various countries across the world, there were supply chain constraints that significantly obstructed the expansion of the industry. However, the market recovered last year, and it is expected to grow at a significant rate in the coming years.

  • Over the short term, the growing production capacity of Nylon 6 is the major driving factor favoring the market's growth.
  • On the flip side, the toxicity of caprolactam and the presence of substitute products for Nylon-6 will likely hinder the market growth.
  • Increasing focus on recycling caprolactam will likely act as an opportunity over the forecast period.
  • Asia-Pacific dominated the market across the world, with the largest consumption from countries, such as China, India and South Korea.

Caprolactam Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)