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  Synopsis of Caprolactam  Market: The Caprolactam Market is expected to grow from  USD 14.9 billion  by 2019 to  USD 15.2 billion  by 2022 growing with a  CAGR of 8.4%  from 2018 to 2023. Caprolactam is an organic compound. This colorless solid is a cyclic amide or a lactam of caproic acid. Caprolactam is a medium primarily used in the production of resins and nylon 6 fibers.  Caprolactam  is majorly consumed in the production of nylon fibers for carpets, industrial yarns, and textiles. Besides, it finds wide applications in films and engineering resins. Nylon 6 textile fibers can be combined with elastane/spandex fibers to create good stretch-fit properties. Nylon 6 finds application in industries such as sportswear, apparel, hosiery, swimwear, casual, and fashion wear. Rugs and carpets made from nylon are available in many structures, styles, patterns, and colors. They provide good abrasion and wear properties. Nylons are easy to clean and stain-resistant. Get a Free Sample PDF Broc

  Market Synopsis Market Research Future (MRFR) postulates that the global caprolactam market is presumed to garner USD 14.9 billion by 2019. The market is anticipated to expand at a CAGR of 8.1% during the forecast period (2016-2022) owing to the increasing commercial importance of nylon. Caprolactam is referred to as an organic compound which is a colorless solid and is also a lactam of caproic acid. It is primarily used in the production of resins and nylon 6 fibers. A major portion of caprolactam is consumed in the production of nylon fibers for carpet, textile, and industrial yarns. The rest of the caprolactam is used in engineering films and resins. Market Potential and Pitfalls With the augmenting demand for industrial yarn coupled with the expansion in the automobile industry, the caprolactam market is estimated to flourish throughout the assessment period. Caprolactam market is also driven by the rising demand generated from the production of nylon-6 as a large portion o

  Market Scenario The global caprolactam market is predicted to garner USD 14.9 billion by 2019, grabbing a CAGR of 8.1% during the forecast period (2016 to 2022). The surging demand for nylon 6 in consumer goods and automobiles is highly favoring the market growth globally. Caprolactam can be defined as an organic compound that is a colorless solid in nature and is also a lactam of caproic acid. The compound is extensively used in several end-use industries like textile stiffeners, textile yarns, synthetic leather, film coatings, plasticizers, plastics, and others. The compound also finds application in the production of nylon 6 resins and nylon 6 fibers. Market Potential and Pitfalls Nylon 6 possesses attributes such as elasticity, excellent strength, is resistant to damage from oil, resistant to chemicals and abrasion. These benefits have propelled its utilization in a wide range of applications like automotive, textile, and electrical & electronics industries. With high t