Industry Overview:

The latest report by IMARC Group, titled “Polycaprolactone Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the polycaprolactone market trends. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global polycaprolactone market size reached US$ 556 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,001 Million by 2028, exhibiting a growth rate (CAGR) of 10.4% during 2023-2028. Polycaprolactone (PCL) represents a fossil-based, biodegradable, and semicrystalline polyester used in thermal processing and 3-Dimensional bioprinting. It is generally available in the form of pellets, microspheres, nanospheres, etc., which are non-toxic in nature and break down into organic components when exposed to heat, moisture, microorganisms, etc. PCL is made using ring-opening polymerization and polycondensation of carboxylic acid methods and exhibits high solubility in organic solvents and low melting point. It is commonly used as an additive in resins and for manufacturing jewelry, models and prototypes of products, medical devices, automotive components, construction materials, adhesives, coatings, elastomers, etc.

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Global Polycaprolactone Market Market Trends:

The expanding medical industry across the globe is one of the primary factors positively influencing the PCL market. Moreover, it is gaining traction in the manufacturing of medical-grade orthopedic, dental, and surgical implants, wound dressing tapes, drug delivery devices, tissue engineering, regenerative medicine systems, etc. Additionally, the escalating adoption of PCL in the formulation of thermoplastic polyurethane is further providing a thrust to the market growth. Apart from this, it is also being applied as a polymeric plasticizer to polyvinyl chloride (PVC) for increasing its elasticity. Furthermore, the growing utilization of PCL in the construction industry as a noise insulation material for walls, roofs, doors, windows, etc., will continue to stimulate the market growth over the forecasted period.

Competitive Landscape with Key Players:

BASF SE
Corbion N.V.
Daicel Corporation
Haihang Industry
Merck KGaA
Perstorp Holding AB
Polysciences Inc
Shenzhen Esun Industrial Co.Ltd
Shenzhen Polymtek Biomaterial Co. Ltd

Key Market Segmentation:

Form:

Pellets
Nanosphere
Microsphere

Production Method:

Ring Opening Polymerization
Polycondesation of Carboxylic Acid

Application:

Coating and Thermoplastic Polyurethane
Healthcare
Others

Region:

North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

Market Performance
Market Outlook
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

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