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Caprolactam Market is Poised to Grow at a CAGR of 4.5%
Caprolactam Market is Poised to Grow at a CAGR of 4.5%
Caprolactam Market

Caprolactam is a colourless, solid, cyclic amide derivative of caproic acid that is primarily utilised in the manufacture of nylon 6 filaments, fibres, and polymers. It is also utilised in brush bristles, synthetic leather, film coatings, plasticizers, textile stiffeners, polyurethane cross-linking, and L-lysine production. According to the World Bank, Asia Pacific led in caprolactam gross imports in 2019, while Europe led in caprolactam gross exports. Nylon 6, the principal caproic acid derivative product, is a lightweight polymer with excellent tensile strength and flexibility, as well as resistance to oil, chemicals, and abrasions.

Textile industries are increasingly using fabric created from nylon 6 filaments and fibres to make lightweight and sheer clothes, which is fueling the Caprolactam Market revenue growth. Global car sales are expected to rise by 5% in 2021, according to the International Organization of Motor Vehicle Manufacturers (OICA). Because of its advantageous physical qualities, Nylon 6 is widely utilised in the automobile sector to manufacture vehicle engine components like as intake manifolds, hoods, chassis, bearings, and gears.

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