Caprolactam Prices, Trend and Forecasts | Provided by Procurement Resource
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Caprolactam is a crystalline cyclic amide with a clear to milky white appearance. It smells soft, yet it is quite unpleasant.
Water, oxygenated solvents, chlorinated solvents, as well as certain hydrocarbons, all have a high solubility for it. Its molecular weight is 113.16 g/mol and its chemical formula is C6H11NO. The main purpose of caprolactam is to make synthetic fibres.
It has a 70 °C melting temperature. Due to its toxicity, contact can cause irritation and burns to the skin, mucous membranes, eyes, nose, and throat.
By using phenol, caprolactam is created. Cyclohexanone is produced by hydrogenating phenol, and after that, hydroxylamine is used to transform it into cyclohexane oxime. This molecule undergoes a Beckmann rearrangement in the presence of sulfuric acid to create caprolactam. 90% of caprolactam is created using this procedure.
The two largest producers of caprolactam are India and China.
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, 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:
The creation of Nylon 6 filament, fibre, and polymers is promoting the growth of the caprolactam market. Also, the industry is growing as a result of the increase in demand for textiles and carpets. Since caprolactam monomer is used to create the chemical fibre Nylon 6 in the textile industry, it is frequently utilised to create non-woven materials.
Many characteristics of nylon-6 fabrics, such as their colour, lightweight, sturdy structure, and durability, as well as their simplicity in dyeing and accessibility to a variety of brilliant and deep colours, are increasing consumer interest in them and the industry’s need for them.
Also, the carpet industry, which offers carpet makers a choice of options, is one of the key downstream businesses pushing rising demand for the material.
Key Market Players:
- China Petrochemical Corporation (Sinopec)
- BASF SE
- Advansix Inc.
- Shandong Haili Chemical Industry Co
News and Events
- September 2022: After completing the second part of its 300,000 tonnes per year caprolactam expansion project, Xuyang Group’s Cangzhou Park site began producing caprolactam. The company’s overall production capacity increased to 750,000 tonnes annually with this expansion initiative.
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