| Product Code: ETC12997533 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Nigeria continued to heavily rely on imports of polycaprolactam, with top exporting countries being the USA, China, India, UAE, and UK. The market exhibited a very high concentration level, as indicated by the Herfindahl-Hirschman Index (HHI). Despite a strong compound annual growth rate (CAGR) of 7.73% from 2020 to 2024, there was a significant decline in growth rate from 2023 to 2024 at -50.97%. This suggests a potential shift or disruption in the market dynamics that could impact future import trends for polycaprolactam in Nigeria.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Polycaprolactam Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Polycaprolactam Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Polycaprolactam Market - Industry Life Cycle |
3.4 Nigeria Polycaprolactam Market - Porter's Five Forces |
3.5 Nigeria Polycaprolactam Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Polycaprolactam Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 Nigeria Polycaprolactam Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Nigeria Polycaprolactam Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Nigeria Polycaprolactam Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for polycaprolactam in various industries such as automotive, packaging, and electronics |
4.2.2 Increasing investments in infrastructure development in Nigeria leading to higher demand for polycaprolactam-based products |
4.2.3 Favorable government policies and initiatives to promote manufacturing and industrial growth in the country |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting production costs |
4.3.2 Lack of advanced technology and infrastructure for polycaprolactam manufacturing in Nigeria |
4.3.3 Import dependency for key raw materials affecting the competitiveness of local polycaprolactam producers |
5 Nigeria Polycaprolactam Market Trends |
6 Nigeria Polycaprolactam Market, By Types |
6.1 Nigeria Polycaprolactam Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Polycaprolactam Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Nigeria Polycaprolactam Market Revenues & Volume, By Virgin, 2021 - 2031F |
6.1.4 Nigeria Polycaprolactam Market Revenues & Volume, By Recycled, 2021 - 2031F |
6.1.5 Nigeria Polycaprolactam Market Revenues & Volume, By Blended, 2021 - 2031F |
6.2 Nigeria Polycaprolactam Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Polycaprolactam Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.2.3 Nigeria Polycaprolactam Market Revenues & Volume, By Food Grade, 2021 - 2031F |
6.2.4 Nigeria Polycaprolactam Market Revenues & Volume, By Engineering, 2021 - 2031F |
6.2.5 Nigeria Polycaprolactam Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Nigeria Polycaprolactam Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Polycaprolactam Market Revenues & Volume, By Textiles, 2021 - 2031F |
6.3.3 Nigeria Polycaprolactam Market Revenues & Volume, By Automotive Components, 2021 - 2031F |
6.3.4 Nigeria Polycaprolactam Market Revenues & Volume, By Packaging, 2021 - 2031F |
6.3.5 Nigeria Polycaprolactam Market Revenues & Volume, By Electrical, 2021 - 2031F |
6.4 Nigeria Polycaprolactam Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Polycaprolactam Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.4.3 Nigeria Polycaprolactam Market Revenues & Volume, By Electronics, 2021 - 2031F |
6.4.4 Nigeria Polycaprolactam Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.4.5 Nigeria Polycaprolactam Market Revenues & Volume, By Consumer Goods, 2021 - 2031F |
7 Nigeria Polycaprolactam Market Import-Export Trade Statistics |
7.1 Nigeria Polycaprolactam Market Export to Major Countries |
7.2 Nigeria Polycaprolactam Market Imports from Major Countries |
8 Nigeria Polycaprolactam Market Key Performance Indicators |
8.1 Capacity utilization rate of polycaprolactam manufacturing plants in Nigeria |
8.2 Percentage of domestic polycaprolactam production meeting local market demand |
8.3 Number of new product launches or innovations in the polycaprolactam market in Nigeria |
8.4 Employment rate in the polycaprolactam manufacturing sector |
8.5 Adoption rate of sustainable practices and technologies in polycaprolactam production in Nigeria |
9 Nigeria Polycaprolactam Market - Opportunity Assessment |
9.1 Nigeria Polycaprolactam Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Polycaprolactam Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 Nigeria Polycaprolactam Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Nigeria Polycaprolactam Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Nigeria Polycaprolactam Market - Competitive Landscape |
10.1 Nigeria Polycaprolactam Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Polycaprolactam Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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