HomeBUSINESSCaprolactam Prices, Trends & Forecasts | Provided by Procurement Resource

Caprolactam Prices, Trends & Forecasts | Provided by Procurement Resource

Caprolactam or Azepan-2-one is a clear to a white-coloured solution that has a slightly disagreeable odour. It is a crystalline cyclic amide that is mainly used for making synthetic fibres, Nylon 6 filaments, and plastics.

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It has a solubility in water and can be dissolved in nearly all oxygenated and chlorinated solvents and a few hydrocarbons. It has a melting point of 70 °C. It is toxic in nature and harmful upon ingestion.

Key Details About the Caprolactam Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Caprolactam price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Caprolactam Price chart, including India Caprolactam price, USA Caprolactam price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Caprolactam Price Trend:

Caprolactam is widely employed in the production of fibre, plastics and Nylon 6 filament, which is the main market driver propelling the industry demand. In addition, it is extensively used for the creation of textiles and carpets varying in design and colour. In the textile industry, it is used for making non-woven fabrics with exceptional qualities such as colour, lightweight, solidity and durability. These products can also be easily dyed, which appeals to consumers propelling market demand. Also, other properties of the product which lead to the industry’s demand include resistance to wear and tear, abrasion, crushing, and matting etc., which in turn further the market development.

Key Players:

  • Fibrant
  • China Petrochemical Corporation (Sinopec)
  • Advansix Inc.
  • Shandong Haili Chemical Industry Co.

News & Recent Development

  • 1 March 2023– BASF decided to close down the production of Caprolactam along with reducing the production of Adipic Acid at its Ludwigshafen site in Germany.

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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