Caprolactam Market to Hit USD 24.11 Billion by 2034, Driven by Expanding Pharmaceutical Applications
The global caprolactam market is set for significant growth, with sales projected to rise from USD 16,447.9 million in 2024 to USD 24,113.8 million by 2034, according to industry forecasts. This growth represents a CAGR of 3.9% over the forecast period and is being driven by increasing demand for caprolactam in the pharmaceutical industry, particularly for drug delivery systems and innovative biomaterials.
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