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Caprolactam Market Projected to Reach USD 24,113.8 Million by 2034, Growing at a 3.9% CAGR | Future Market Insights, Inc. [Yahoo! Finance]

AdvanSix Inc. (ASIX) 
Last advansix inc. earnings: 5/1 06:31 am Check Earnings Report
US:NYSE Investor Relations: investors.advansix.com
Company Research Source: Yahoo! Finance
Along with textile industry, caprolactam also has significant demand from industrial yarn, and resin and films which are majorly used in the automotive industry. NEWARK, Del, Sept. 03, 2024 (GLOBE NEWSWIRE) -- The global caprolactam market is on track for significant growth, with estimated sales reaching USD 16,447.9 million in 2024. The market is expected to continue its upward trajectory, achieving a valuation of USD 24,113.8 million by 2034. This growth reflects a steady compound annual growth rate (CAGR) of over the forecast period from 2024 to 2034. Understanding the Caprolactam Market: The global Caprolactam market, a critical segment within the chemicals industry, plays a pivotal role in the production of nylon-6 fibers and resins. Caprolactam is a key precursor in the manufacturing of nylon-6 , a polymer with wide-ranging applications in textiles, automotive, electronics, and industrial sectors. As a result, the demand for Caprolactam is intricately linked to the growth Show less Read more
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