The Vietnamese caprolactam market was equal to 30 thousand tons in 2015. The largest share of caprolactam consumption in the same year was for the production of polyamide fibres, which accounted for around 76.7% of the total in volume terms. The same chemical has been growing with the highest rate of about 9.45% per year. Until 2025, the Vietnamese market is forecast to reach 55 thousand tons, thus growing at a CAGR of about 4.1% per annum in the period 2020-2025. This is a decrease, compared to the growth at a CAGR of around 8.78% per year, registered in 2015-2019.
There is likely to be no Vietnamese production of caprolactam in the medium term. In addition, the market is forecast to remain relatively unbalanced in terms of supply and demand, also showing mixed dynamics in the medium term.
The market research report presents a strategic analysis of the market and a forecast for its development in the medium term. The research study covers the period 2015-2025 and provides a comprehensive overview of the market:
- Main participants;
- Imports and exports;
- Growth and demand drivers.
The report also focuses on product breakdown, offering a larger perspective on the market dynamics within the country. Additionally, you will find demographic and economic data about the region.
The market research report has been prepared using Williams & Marshall Strategy’s methodology. It includes a blend of qualitative and quantitative data that comes from official sources. All research is then validated by insights gathered from semi-structured interviews with market experts. They are representatives of the main market participants – producers, distributors, wholesalers, and retailers.
This research report allows you to quickly and cost-effectively get a strategic analysis of a target market. You will gain competitive intelligence about the market such as size, value, segmentation, forecasts, dynamics and structure – past, present and future.
In addition, you will be able to:
- Strategically assess the competitive position of the main market participants;
- Explore and identify new market opportunities in the country;
- Identify key market trends, opportunities, threats, and key drivers behind recent market changes;
- Strategically evaluate market growth potential.
The report can be customized, based on your particular needs and requirements. WMStrategy also offers custom research and consulting services, that provide you focused and comprehensive solutions that are tailor-made to fit your requirements.