The Caprolactam Market is gearing up for a period of stable expansion, driven by the ever-growing demand for nylon. According to a recent industry analysis, the market, currently valued at a substantial US$15.0 billion in 2022, is anticipated to witness a steady climb at a Compound Annual Growth Rate (CAGR) of 3.9%. This positive trajectory …
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Global Caprolactam Industry to Expand at 3.9% CAGR, Crossing the US$21.9 Billion Mark by 2032 | FMI Reports
During the forecast period (2022-2032), the Global Caprolactam Industry is expected to grow at a CAGR of 3.9%. The market is anticipated to be worth $15.0 billion in 2022, rising to $21.9 billion by 2032. FMI, in its business report, elaborates on the historical and current scenario of the Global Caprolactam Industry in terms of production, consumption, …
Global Caprolactam Industry Poised for a 3.9% CAGR Surge, Projected to Reach US$ 21.9 Billion by 2032
The Global Caprolactam Industry is on the brink of significant expansion, with a projected Compound Annual Growth Rate (CAGR) of 3.9% anticipated from 2022 to 2032. According to market insights, the caprolactam market, valued at US$ 15.0 billion in 2022, is set to soar to US$ 21.9 billion by 2032. This impressive growth trajectory underscores …