Caprolactam Market Size | US$ 21.77 Billion Expected by 2029, Highlighting Juhua Group Corp.
Caprolactam Market Gears Up for Steady Growth at 7.4% CAGR, Reaching $21.77 Billion by 2029 The global Caprolactam Market is projected to exhibit a healthy growth trajectory, with a CAGR of 7.4% anticipated from 2023 to 2029. By 2029, the market value is poised to reach a staggering $21.77 billion, according to a new report by Maximize Market Research. This growth is fueled by the rising demand for nylon 6 fibers in the textile and carpet industries. Request for free sample: https://www.maximizemarketresearch.com/request-sample/24437 Caprolactam: A Versatile Building Block The report delves into the key trends shaping the Caprolactam Market: Nylon 6 Fibers Lead the Way: Nylon 6 fibers currently dominate the Caprolactam market, accounting for a significant share and expected to witness rapid growth throughout the forecast period. This surge is attributed to the increasing demand from the global textile and carpet industries, where nylon 6 fibers are valued for their wrink