Caprolactam Market: Global Industry Analysis and Forecast (2024-2030)

Krajput04 Dec, 2024News

China's mainland market remains to have a high production rate for resin and nylon fiber. The analysis given by Sherwood and Tilton (2021) indicates that from the year 2022 to 2027 mainland China will supply more than 50% of world demand of caprolactam. Leading supplier of engineered material solutions globally, DOMO Chemicals is itself a fully integrated PA6 maker. From its Leuna factory, the company successfully delivered 5 million metric tons of caprolactam in 2022. The world exports most of its Caprolactam to Mexico, India , and United States. The top 3 exporters of Caprolactam are the United States followed by Russia and China at the 3rd spot. According to ECHEMI, the price of caprolactam in far east and Southeast Asia is between 1680-1700 CFR in USD/ton.