HOME › Research Insight › Caprolactam Market is Subjugated By Respective Regional Players Along With the Presence of Few Global Players in The Key Growth Markets.
Caprolactam Market is Subjugated By Respective Regional Players Along With the Presence of Few Global Players in The Key Growth Markets.
BASF SE (Germany), China Petroleum & Chemical Corporation (China), China Petrochemical Development Corporation (China), Honeywell International Inc. (U.S.), Kuibyshevazot OJSC (Russia), Royal DSM N.V. (The Netherlands), and others are the most active and key players in the caprolactam market.
The Caprolactam Market is Subjugated By Respective Regional Players Along With the Presence of Few Global Players in The Key Growth Markets. The Asia-Pacific region is the largest market, followed by Europe, in the global caprolactam industry. Various market players have integrated their value chains so as to reduce the impact of external environment on product economics.
In terms of market activities, investments and expansions were the most preferred development strategies by the players to increase their product portfolio, market share, and geographic reach. A large number of expansions by the key players were seen in 2012.
In 2012, Ube Industries strengthened its position in the caprolactam market by investing in Thailand and Spain plants. The geographical re-balancing of Ube activities has resulted in a proportional increase of the caprolactam industry in the Asia-Pacific and European markets.
China Petroleum & Chemical Corporation is also engaged in manufacturing caprolactam at Maoming in southern Guangdong province; this plant is helping the company to focus particularly on the South China region and meet the demand supply gap by 2015.
Caprolactam Market By Material Type (Engineering Plastics & Fibers), & By Application (Textile, Industrial, Carpet, Automotive, Film & Coating, Machinery, E&E, Consumer Goods, Appliances, Wire & Cable, & Others) - Global Trends & Forecast to 2019
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