United States- Polycaprolactone is one of the first hydrophobic biodegradable polymers, which is crystalline in nature. It is highly biocompatible, exhibits enhanced toughness, and is cost-effective as compared to other bio-based polymers. Polycaprolactone degrades slower than other biodegradable polyester in physiological conditions, and thus finds its major application in the healthcare industry. The global polycaprolactone market was valued at $530.7 million in 2018, and is projected to reach $1,279.7 million by 2026, growing at a CAGR of 11.6% from 2019 to 2026.
The global polycaprolactone market is in its nascent phase, and is anticipated to register significant growth during the forecast period. Thermoplastic polyurethane is the primary application area of polycaprolactone. Therefore, increase in polyurethane production globally in response to its diverse application scope is majorly contributing toward the growth of the market. Polyurethane is a polymer used as a raw material in mainstream end-use industries such as automotive, building and construction, packaging, and consumer goods.
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Thus, development of these industries is not only driving the demand for polyurethane but also for polycaprolactone. Furthermore, lower degradation of polycaprolactone has led to its use in the healthcare sector for wound care management, suture, drug delivery, tissue engineering, wound dressing tape, and orthopedics. Apart from these uses, polycaprolactone is developing other applications in the healthcare industry due to its biocompatibility, thereby boosting its demand across the globe. However, surge in demand for polyols family chemicals such as polycaprolactone polyol is expected to hamper the global market growth.
The global polycaprolactone market is segmented into form, production method, application, and region. On the basis of form, the market is divided into pellets, nano sphere, and microsphere. By production method, it is bifurcated into ring opening polymerization and polycondesation of carboxylic acid. Depending on application, it is classified into coating & thermoplastic polyurethane, healthcare, and others.
Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Players analyzed and profiled in the global polycaprolactone market are BASF SE, Corbion N.V., Daicel Corporation, Haihang Industry Co., Ltd., Merck KGaA, Otto Chemie Pvt. Ltd., Perstorp Holding AB, Polysciences, Inc., Shenzhen eSUN Industrial Co., Ltd, and Shenzhen Polymtek Biomaterial Co., Ltd.
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KEY BENEFITS FOR STAKEHOLDERS – The report provides an extensive qualitative and quantitative analysis of the current trends and future estimations of the global Polycaprolactone market from 2018 to 2026 to determine the prevailing opportunities – A comprehensive analysis of the factors that drive and restrict the growth of the market is provided – Estimations and forecast are based on factors impacting the market growth, in terms of both value and volume – Profiles of leading players operating in the market are provided to understand the global competitive scenario – The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable market growth.
In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
KEY MARKET SEGMENTS – By Form – Pellets – Nanosphere – Microsphere
– By Manufacturing Method – Ring Opening Polymerization – Polycondesation Of Carboxylic Acid
– By Application – Coating & Thermoplastic polyurethane (TPU) – Healthcare – Other
– By Region o North America – U.S. – Canada – Mexico o Europe – Germany – France – Italy – Spain – UK – Rest of Europe o Asia-Pacific – China – Japan – India – South Korea – Australia – Rest of Asia-Pacific o LAMEA – Brazil – Saudi Arabia – South Africa – South Africa – LAMEA
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KEY MARKET PLAYERS – BASF SE – Corbion N.V. – Daicel Corporation – Haihang Industry Co., Ltd. – Merck KGaA – Otto Chemie Pvt. Ltd. – Perstorp Holding AB – Polysciences, Inc. – Shenzhen eSUN Industrial Co., Ltd – Shenzhen Polymtek Biomaterial Co., Ltd
Key Questions Answered in the Market Report
• How did the COVID-19 pandemic impact the adoption of by various pharmaceutical and life sciences companies? • What is the outlook for the impact market during the forecast period 2021-2030? • What are the key trends influencing the impact market? How will they influence the market in short-, mid-, and long-term duration? • What is the end user perception toward? • How is the patent landscape for pharmaceutical quality? Which country/cluster witnessed the highest patent filing from January 2014-June 2021? • What are the key factors impacting the impact market? What will be their impact in short-, mid-, and long-term duration? • What are the key opportunities areas in the impact market? What is their potential in short-, mid-, and long-term duration? • What are the key strategies adopted by companies in the impact market? • What are the key application areas of the impact market? Which application is expected to hold the highest growth potential during the forecast period 2021-2030? • What is the preferred deployment model for the impact? What is the growth potential of various deployment models present in the market? • Who are the key end users of pharmaceutical quality? What is their respective share in the impact market? • Which regional market is expected to hold the highest growth potential in the impact market during the forecast period 2021-2030? • Which are the key players in the impact market?
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