Escalating demand for plastics in the construction, automotive, and electrical & electronics sectors is estimated to be a key driver for the caprolactam demand during the forecast years. Superior properties of caprolactam including high strength, elasticity, abrasion resistance, chemical & oil resistance, along with low moisture absorbency of nylon fibers and resins is further fuelling the caprolactam demand. Instability in raw material cost for producing the caprolactam restrains the caprolactam market to some extent. While unstable raw material prices and concentration of demand of the caprolactam are the key challenges for caprolactam market.
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