Global Market Study on Polycaprolactone: Demand for Environment-Friendly Packaging Materials, Catalyzed the Polycaprolactone Market


  • Published On : Mar-2016 |
  • Pages : 134 Pages |
  • Format :

This Persistence Market Research report examines the ‘Global polycaprolactone” market for the forecast period 2015 - 2021. The primary objective of the report is to identify opportunities in the market and present updates and insights, pertaining to various segments of the global polycaprolactone market.

Polycaprolactone is a fossil-based biodegradable, semi-crystalline biodegradable polyester. Polycaprolactone is majorly used for TPU (Thermoplastic polyurethane) and in healthcare applications. It is classified on the basis of product type as pellet form, nanosphere and microsphere. The majority of the polycaprolactone produced is sold in the form of pellets. The nanosphere and microsphere forms of polycaprolactone are used in healthcare applications.

To understand and assess the opportunities in this market, the report is categorically divided into three sections i.e. by product type, application and region. The report analyses the global polycaprolactone market in terms of market value (US$ Mn) and volume (MT).

The report begins with an overview of the global polycaprolactone market, appraising market performance in terms of revenue and volume, followed by PMR’s analysis of key trends, drivers, and restraints witnessed in the global market. Key trends specific to different geographies are also included in the report to equip the client with crystal clear decision-making insights.

The subsequent sections analyses the polycaprolactone market as per product type and application, and presents a forecast for the period 2015 - 2021

Product Types assessed in the report includes:

  • Pellet
  • Microsphere
  • Nanosphere

Applications assessed in the report includes:

  • TPU
  • Healthcare
    • Drug delivery
    • Wound care management
      • Sutures
      • Wound dressing tape
      • Tissue engineering
      • Orthopaedic
      • Dental implants
  • Others

Regions assessed in the report include:

  • Asia Pacific
  • Europe
  • North America
  • Latin America
  • The Middle East & Africa

To arrive at market size, the report considers various aspects based on secondary research. Furthermore, data points such as regional split and market split, by product type and application, and qualitative inputs from primary respondents have been incorporated to arrive at appropriate market estimates. The forecast presented in the report assesses the total revenue generated by the global polycaprolactone market.

When developing the market forecast, the report begins with sizing the current market, which forms the basis for forecasting how the market is anticipated to take shape in the near future. Given the characteristics of the market, PMR triangulates the data via the different analysis based on the supply side, demand side, and dynamics of the polycaprolactone market. However, quantifying the market across the above-mentioned segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalizing them after the forecast has been completed.

It is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR but also analyse on the basis of key parameters, such as Year-on-Year (Y-o-Y) growth, to understand the predictability of the market and to identify the right opportunities.

Another key feature of this report is the analysis of polycaprolactone market and the corresponding revenue forecast in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective of the global polycaprolactone market.   

To understand key segments in terms of their growth and performance in the polycaprolactone market, Persistence Market Research has developed a market attractiveness index. The resulting index should help providers identify existing market opportunities in the global polycaprolactone market.

In the final section of the report, polycaprolactone market, the competitive landscape is included to provide a dashboard view of companies that manufacture and supply polycaprolactone. The report contains company profiles of some of the major players operating in the global polycaprolactone market.

Polycaprolactone (PCL) is a fossil-based, semi-crystalline and biodegradable polyester. PCL is a specialty building block in high-performance polyurethane elastomer. Owing to its value-adding properties such as molecular weight distribution, hydrophobicity and low viscosity, polycaprolactone and its copolymers such as polycaprolactonediol, polycaprolactonetriol, and polycaprolactonetetral has found wide application in the production of polyurethane (PU), thermoplastic polyurethane (TPU) and polyols. It is one of the most widely preferred biodegradable polymers due to its high flexibility and biodegradability as well as hydrophobic nature. It is widely used in the manufacture of drug delivery devices and other medical components such as suture, wound dressing tapes, dental appliance etc. End-user industries of PCL includes automotive, leather, paints & coating, medical devices manufacturer, packaging etc.

Revenue from the global polycaprolactone market is expected to expand at a CAGR of 11.1% over the forecast period, to reach the market value of US$ 214.2 Mn by an end of 2021.

Demand for polycaprolactone is influenced by a number of factors, including increased investments in manufacturing of medical devices in developed and developing economies. Growing demand for polyurethane in developing economies is a major factor driving the growth of the global market. Product and technology innovations focused on eco-friendly and cost-efficient solutions is another factor expected to fuel the growth of the market over the forecast period. A major trend observed in the market is FDA approval of PCL in medical applications, which leads to the adoption of PCL in the manufacturing of a variety of medical devices and components, and industry preference for low VOC (Volatile Organic Compound) coatings due to stringent environmental regulations limiting VOC emissions.

Persistence Market Research, in its report titled “Polycaprolactone Market: Global Industry Analysis and Forecast, 2015–2021”, has segmented the global polycaprolactone market into form type, application, and regions. On the basis of form type, the market is segmented into pellets, nano sphere, and microsphere. On the basis of applications, the market is segmented into the thermoplastic polyurethane (TPU), healthcare, and others, including 3D printing and hobbyist market. On the basis of healthcare application, the market is segmented into drug delivery and wound care management. Wound care management is further segmented into the suture, wound dressing tapes, tissue engineering, orthopaedic, and dental implant. On the basis of geographic regions, the polycaprolactone market is segmented into Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa.

Amongst the aforementioned region-based segments in the global polycaprolactone market, Asia Pacific polycaprolactone market is expected to expand at an accelerated CAGR of 12.0% in terms of volume during the forecast period. The market in the region is estimated to account for a share of around 29.5% of the global polycaprolactone market volume by 2015. In terms of volume, Europe is expected to depict steady growth during the forecast period. It has been estimated to account for a value share of 38.1% by the end of 2015. Latin America and the Middle East & Africa polycaprolactone markets are expected to expand at a slow CAGR of 9.5% and 10.0% respectively in terms of value over the forecast period.

polycaprolactone-market

Some market players feature in this report include:

  • Perstorp Holdings A.B.
  • BASF SE
  • Diacel Corporation
  • Sigma-Aldrich Corp.
  • Durect Corporation
  • Corbion Purac
  • Shenzen Esun
  • Hihang Industries Co., Ltd.
  • Other
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