Lucintel’s latest market report analyzed that caprolactam provides attractive opportunities in nylon 6 resin, appliance, entertainment, lighting, HVAC, healthcare, and kitchen application. The caprolactam market is expected to reach $18.3 billion by 2028 with a CAGR of 4%. In this market, nylon 6 resin is the largest segment by application, whereas textile yarn is largest by end use industry.
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Based on application, the caprolactam market is segmented into nylon 6 and nylon 6 resin. The nylon 6 resin segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its widespread use in the automotive industry for producing fan blades, gears, fittings, bearings, exterior body components, power steering fluids, and emission control canisters owing to its high tensile strength and superior elasticity.
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The Caprolactam Market is marked by the presence of several big and small players. Some of the prominent players offering caprolactam include Sumitomo Chemical, UBE Industries, DSM, Capro, and LANXESS.
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