The North East Asian Caprolactam Market Projected to Reach 4.2 Million Tons by 2023

SOFIA, Bulgaria - Sept. 9, 2019 - PRLog -- According to a recently published report about the North East Asian caprolactam market, it was equal to 2.793 million tons in 2013. The largest country market within the region was China, which in 2013 accounted for a share of 60% of the total in volume terms. Until 2023, the North East Asian market is forecast to reach 4.2 million tons, thus growing at a CAGR of about 4.4% per annum in the period 2018-2023. This is a slight increase, compared to the growth at a CAGR of around 4.1% per year, registered in 2013-2017.

The analytical research projects that the North East Asian production of caprolactam is likely to grow to around 4.2 million tons in the medium term. Upward dynamics of the overall installed production capacities are also expected. Their annual average utilization rates, on the other hand, are expected to show decline in the next few years. In addition, the market is forecast to become relatively balanced in terms of supply and demand, also showing upward dynamics in the medium term.

As an overall, the report presents a strategic analysis of the caprolactam market in North East Asia and a forecast for its development in the medium term. It provides a comprehensive overview of the market, its dynamics, structure, characteristics, main players, production capacities, trends, prices, production, imports, exports, growth and demand drivers, and all other important factors, influencing its development.

The research report has been prepared using the unique Williams and Marshall Strategy's methodology, including a blend of qualitative and quantitative data. The information comes from official sources and insights from market experts (representatives of the main market participants), gathered by semi-structured interviews. This report will allow its readers to quickly and cost–effectively get a strategic analysis and gain competitive intelligence about the market and to track market data, including size, value, segmentation, forecasts, dynamics and structure – past, present and future.

The report includes information on the following companies:

•        Abel Chemical;

•        China Risun Coal Chemicals Group;

•        Fibrant;

•        Fujian Eversun Holding;

•        Fujian Jinjiang Pc Comp. Lim.;

•        Fujian Shenyuan New Materials;

•        Fujian Tianchen Yaolong New Mat.;

•        Hengshen Technology;

•        Hubei Sanning Chem Co.;

•        Jiangsu Haili Chemical;

•        Juhua Group Corp.;

•        Luxi Chemical Group.

You can find more information about this report here:

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