Caprolactam Market Size is Projected to be US$ 33.97 Billion by 2032, at a CAGR of 4.7% from 2024 to 2032 | Polaris Market Research [Yahoo! Finance]
AdvanSix Inc. (ASIX)
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Source: Yahoo! Finance
The caprolactam market was estimated at USD 22.55 billion in 2023. The market valuation is expected to be USD 33.97 billion by 2032, registering a staggering CAGR of 4.7% during the forecast period of 2024-2032. What is Caprolactam? Caprolactam is an organic compound with the formula (CH25) C(O)NH. The colorless solid is a lactam of caproic acid. Global demand for this compound is roughly five million tonnes per year, and the expansive bulk is utilized to make nylon 6 filament, fiber, and plastics. One of the most normally utilized thermoplastics, nylon 6, is rendered by polymerizing- caprolactam, which consequently emanates from the median cyclohexanone. The conclusion can be produced in several methods, which can be categorized as per the kind of raw material utilized. The commercial techniques for producing caprolactam are CAPROPOL and BASF, which use unadulterated oxygen. Download Free Sample PDF Copy of the Report: Key Market Data Caprolactam market size was valued at
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