Caprolactam Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2020
Global caprolactam market has witnessed steady growth over the last few years, along with its end products. Caprolactam market is expected to grow at a steady rate in the forecast period owing to its use in the manufacture of nylon 6 polymers that constitute a wide range of applications. Caprolactam is primarily employed in the manufacture of nylon 6 in the form of resins and fibers. Nylon 6 resins are used in the manufacture of astextiles, industrial yarns, and carpets, while nylon 6 fibers are employed in various end-use segments including engineering plastics, packaging, and electronics. Nylon 6 fibers are primarily used in threading of automobile tires due to its great tensile strength, durability and light weight.
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