Production status and development prospects of caprolactam and its downstream products
The market of caprolactam and its downstream products of biaxially oriented nylon 6(PA 6)film(BOPA),PA 6 fiber,PA 6 engineering plastics,etc.was analyzed and predicted in China.The production and marketing status of caprolactam and downstream development plans were introduced in SINOPEC.And the suggestions for the future development of caprolactam were put forward.The production capacity of caprolactam was 6 780 kt/a at the end of 2023 and is expected to be about 8 850 kt/a by 2026 in China,with an increase of 31%over 2023-2026,leading to more fierce market competition.The down-stream demand for caprolactam,such as BOPA,PA 6 fiber,PA 6 engineering plastics,etc.,is expected to be increasing with an aver-age annual growth rate of about 5.5%in China over 2024-2028,but the supply of caprolactam will still exceed the demand.China Petrochemical Corporation(SINOPEC)possesses a caprolactam production capacity of 1 300 kt/a by now,accounting for approximately 19%of the total production capacity in China.It also possesses a new generation of green and complete technology for caprolactam with independent intellectual property rights.In the face of increasingly fierce market competition,it was sugges-ted that caprolactam production enterprises should optimize their industrial pattern by improving product quality and services,ex-pand downstream application field and develop future product structures,adapt marketing strategies to volatile market conditions,strengthen low-cost strategies and maximize the advantages of integrated industrial chains,and stimulate differentiated and dis-tinctive development to enhance competitiveness.