Albany, NY -- (SBWIRE) -- 10/06/2014 -- The global caprolactam market is growing at a significant rate in the current economy. This growth is primarily driven by increasing demand for engineering and electronics applications of caprolactam. Caprolactam is manufactured by synthesis of phenol or cyclohexane. This artificial chemical can be synthesized in a manner befitting a spectrum of applications. The commercial versions of caprolactam are known as nylon 6 resin and nylon 6 fiber. Depending on the chemical and physical attributes, caprolactam is utilized in many different applications such as nets, fishing lines, industrial yarns, carpets, and textiles.

Nylon 6 resin is another product generated from caprolactam. In 2012, nylon 6 fibers held more than 66% of the total volume consumed in the caprolactam market. The caprolactam market is witnessing a large scale forward integration as majority of manufacturers are also looking at producing nylon 6, which is its finished product. Some of the peculiar properties of caprolactam are high strength and being light weight that make it the perfect product for making resins and fibers. As nylon 6 fibers offer great tensile strength, strength, durability, and fatigue resistance, they are used in making tire cords. As the automobile industry continues to grow it is expected to drive the industrial yarns market in the coming years. Nylon 6 will feed this demand along with its increased application in apparels, swimwear, sportswear, and fashion wear.

Browse Full Research Report With ToC at :
http://www.transparencymarketresearch.com/caprolactam-market.html

In what follows, we take a look at market drivers for the caprolactam market and its inhibitors that are making a negative impact. The report on caprolactam market has been compiled by expert industry analysts, for every enthusiast, businessman, and policy market. The report on caprolactam market also includes a SWOT analysis and a Porter’s five forces analysis for a better understanding of the market.

Market Segmentation of Caprolactam Market :

Caprolactam market has been segmented on the basis of type, application, and geography. On the basis of type,

caprolactam market is fragmented as
- Nylon 6 fiber
- Nylon 6 resin.

The end use of nylon 6 fiber is further segmented into
- Industrial yarns,
- Carpets,
- Astextiles, and others.
While those of Nylon 6 resin are
- electronics,
- engineering plastics,
- packaging, and others.

On the basis of geography the Caprolactam Market is segmented into :
- North America
- Europe
- Asia Pacific
- Rest of the World.

Forecast for Global Caprolactam Market :

The global caprolactam market was valued at US$8,662.5 million in 2012. However, this market is expected to reach US$13,801.9 million by 2019, growing at a CAGR of 6.9% from 2013 to 2019.

Get Sample Report Or Purchase Report From here :
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1762

According to analysts, Asia Pacific held 51% of the global caprolactam market in 2012, with Europe and North America following closely. In the forecasted period, Asia Pacific is expected to grow at a fast pace rate in terms of both, production and consumption. This growth is attributable to rising economies in the region, skilled labor, equipment, availability of raw materials at a lower cost, and land are some of the major factors contributing to the growth of caprolactam market in the Asia Pacific region. Citing the rise in demand for caprolactam and its other products many manufacturers in Asia Pacific have expanded their production capacities too. In the forecasted period between 2013 and 2019, Europe is also likely to witness a rise in consumption of caprolactam. In terms of volume, the demand for caprolactam in Europe is expected to grow at a 6.4% from 2013 and 2019.

Some of the key players profiled in this report are Capro Corporation, DSM, Honeywell, BASF SE, and Ube Industries.

About
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact:

Sheela AK
State Tower, 90 State Street,
Suite 700, Albany NY - 12207
USA/Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Web: http://www.transparencymarketresearch.com/
Blog: http://researchandreports.wordpress.com/