Market Overview:
The global polycaprolactone market size reached US$ 496.8 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 916.4 Million by 2027, exhibiting a growth rate (CAGR) of 10.83% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Polycaprolactone (PCL) is a fossil-based, biodegradable and semicrystalline polyester used for thermal processing and 3-Dimensional bioprinting. It is commonly available in the form of pellets, nanospheres and microspheres, which are non-toxic in nature and breaks down into organic components upon exposed to heat, moisture and microorganisms. It is produced using ring-opening polymerization and polycondensation of carboxylic acid methods and exhibit high solubility in organic solvents and low melting point. PCL is commonly used as an additive in resins and for manufacturing jewelry and models and prototypes of products, medical devices, automotive components and construction materials. It is also widely utilized for the production of coatings, adhesives, sealants and elastomers.
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
Polycaprolactone Market Trends:
Significant growth in the medical industry across the globe is one of the key factors creating a positive outlook for the market. PCL is widely used for the manufacturing of medical-grade orthopedic, dental and surgical implants, drug delivery devices, wound dressing tapes, tissue engineering and regenerative medicine systems. Moreover, the widespread adoption of PCL in the formulation of thermoplastic polyurethane is providing a thrust to the market growth. It exhibits superior hydrophobic properties, resistance to oil, chemical and ultraviolet (UV) rays. It is also used as a polymeric plasticizer to polyvinyl chloride (PVC) to increase its elasticity. Additionally, various product innovations and the utilization of PCL in the construction industry as a noise insulation material for walls, roofs, doors and windows are acting as other growth-inducing factors. In line with this, the rising demand for environment-friendly and cost-effective materials for sealing and encapsulating pressure-sensitive microelectronic components is anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global polycaprolactone market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on form, production method and application.
Breakup by Form:
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- Pellets
- Nanosphere
- Microsphere
Breakup by Production Method:
- Ring Opening Polymerization
- Polycondesation of Carboxylic Acid
Breakup by Application:
- Coating and Thermoplastic Polyurethane
- Healthcare
- Others
Breakup by Region:
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- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being BASF SE, Corbion N.V., Daicel Corporation, Haihang Industry, Merck KGaA, Perstorp Holding AB, Polysciences Inc, Shenzhen Esun Industrial Co.Ltd and Shenzhen Polymtek Biomaterial Co. Ltd.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2021 |
Historical Period |
2016-2021 |
Forecast Period |
2022-2027 |
Units |
US$ Million |
Segment Coverage |
Form, Production Method, Application, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
BASF SE, Corbion N.V., Daicel Corporation, Haihang Industry, Merck KGaA, Perstorp Holding AB, Polysciences Inc, Shenzhen Esun Industrial Co.Ltd and Shenzhen Polymtek Biomaterial Co. Ltd. |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global polycaprolactone market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global polycaprolactone market?
- What are the key regional markets?
- What is the breakup of the market based on the form?
- What is the breakup of the market based on the production method?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global polycaprolactone market and who are the key players?
- What is the degree of competition in the industry?