Title: Caprolactam Market - Global Trends & Forecast to 2019
1MarketsandMarkets Presents
- Caprolactam Market
- Global Trends Forecast to 2019
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2- The global caprolactam market, along with its end
products, has witnessed a linear growth in the
past few years. This growth is estimated to
increase in the coming years. The quality,
durability, lightweight nature, excellent energy
absorbing property, an upsurge in the demand for
durable polyamide 6, and the upcoming safety
regulations innovative techniques for its use
will be the key influencing factors for the
global market with the increased emphasis on its
different types and applications. - Considerable amount of investments are made by
the caprolactam and polyamide 6 players to serve
the end-user applications industry in the future.
The Asia-Pacific region is the most important
market that accounted for about 47.5 market
share of the total global demand in 2012. The
region is further estimated to show a high growth
in the future, mainly due to the high growth
potential of polyamide 6 in the automotive market
in China and India.
3-
- http//www.marketsandmarkets.com/Market-Reports/ca
prolactam-market-108120798.html - Almost 29.6 of the total industry demand was for
the automotive applications in 2012, with the
consumer goods and appliances segment also being
the fastest growing end-use segments, primarily
due to their high penetration in all the regions.
The drivers of the industry are stringent
government regulations, increasing pressure for
clean air and water, and the need to improve the
standard of processing and manufacturing
end-products.
4- Currently, the Asia-Pacific region is the largest
consumer in the global market. Among all the
countries in the region, China and Japan lead
the market, with the largest share in the
regional volumetric consumption in 2012. The
market volume is comparatively low in the RoW
region, and is estimated to grow with a low CAGR
of 2.9 from 2014 to 2019. - The Asia-Pacific and the European regions are the
most active markets in terms of strategic
initiatives, owing to their emerging and mature
market demands respectively. The automotive
end-user industry led this rapid growth in the
polyamide 6 market, backed by the global
automotive vehicle production which is estimated
to reach 81 million units in 2013.
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