Market Overview
of Global Caprolactone market:The latest research study on the global Caprolactone market finds that the global Caprolactone market reached a value of USD 450.42 million in 2022. It’s expected that the market will achieve USD 745.06 million by 2028, exhibiting a CAGR of 8.75% during the forecast period.
Caprolactone is a lactone (a cyclic ester) possessing a seven-membered ring. This colorless liquid is miscible with most organic solvents and water.
Drivers of Caprolactone
North America, Europe, China, India, South America, Middle East and Africa
Various end-users prefer polycaprolactone based products as an effective solution for different healthcare applications. There has been a considerable increase in the usage of biodegradable polyesters for the formulation of thermoplastic polyurethane. Polycaprolactone-based polyurethanes are widely used in coating, adhesives, sealants and elastomers.
With the development of downstream, caprolactone will grow in the forecast period.
Opportunities
Improve performance
With the progress in science and technology, more advanced production methods, investment of companies, there will be more cost effective, high performance product in the future.
Emerging countries
For example, China, India are developing their industries, with the progress of economy and technology, the increasing demand downstream, the market of Caprolactone has great market potential.
Region Overview:
In 2021, the share of the Caprolactone market in Europe stood at 52.56%.
Company Overview:
Perstorp is one of the major players operating in the Caprolactone market, holding a share of 40.11% in 2020.
Perstorp
Perstorpo perates through three segments: Specialties & Solutions; Advanced Chemicals & Derivatives; and BioProducts. The company offers adhesives for a range of market applications, such as in packaging, transport, shoes, metal, electronics, and construction; coatings; raw materials, such as propionic acid and formic acids, preservatives, antibacterial agents, and silage additives for promoting healthy animals and healthy food; plastic materials comprising bioplastics, heat resistant plastics, plasticizers, polymer additives. Perstorp is a specialty chemicals innovator and supplier, with a global reputation for quality, reliability and adding real measurable value to the applications that make modern life work.
Daicel
Daicel Corporation manufactures and sells cellulosic derivatives, organic chemicals, plastics, pyrotechnic devices, and other products in Japan, China, other Asian regions, and internationally. The company provides cellulose acetate for LCD optical films, cigarette filters, acetate fibers, photographic films, plastics, and separation membranes; acetate tow for cigarette filters; carboxymethyl cellulose, hydroxyethyl cellulose, and microfibrillated fibers for use in foods, pharmaceuticals, cosmetics, and electronic materials; and cellulose plastics for glass frames, toys, and writing instruments. It also offers acetic acid and anhydride, solvents, and fine chemicals.
Segmentation Overview:
Among different product types, 99.9% Purity segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Polycaprolactone segment occupied the biggest share from 2017 to 2022.
Polycaprolactone
Polycaprolactone (PCL) is a biodegradable polyester with a low melting point of around 60 °C and a glass transition temperature of about −60 °C. The most common use of polycaprolactone is in the manufacture of speciality polyurethanes.
Acrylic Resin Modified
Acrylic resins are a group of related thermoplastic or thermosetting plastic substances derived from acrylic acid, methacrylic acid or other related compounds.
Polyesters Modified
Polyester is a category of polymers that contain the ester functional group in their main chain. As a specific material, it most commonly refers to a type called polyethylene terephthalate (PET).
Epoxy Resin Modified
Epoxy resins, also known as polyepoxides, are a class of reactive prepolymers and polymers which contain epoxide groups.
The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Caprolactone market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives.
For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.
As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.
Research Scope
This report provides an overview of the global Caprolactone market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the Caprolactone and its sub-markets in an intuitive way.
Key Companies in the global Caprolactone market covered in Chapter 3:
JUREN Chemical Industry
Daicel
BASF
Perstorp
In Chapter 4 and Chapter 14.2, on the basis of types, the Caprolactone market from 2018 to 2029 is primarily split into:
99.5 % Purity
99.9% Purity
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Caprolactone market from 2018 to 2029 covers:
Polycaprolactone
Acrylic Resin Modified
Polyesters Modified
Epoxy Resin Modified
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
Key Factors Considered
COVID-19
Amid the COVID-19 crisis, the Caprolactone market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.
Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it’s going to evolve in the years to come.
Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.
Chapter Outline
Chapter 1 starts the report with a brief overview of the research scope, as well as the definitions of the target market and the subdivisions.
Chapter 2 integrates and sketches the research findings and conclusions in a clear and explicit way.
Chapter 3 presents the competitive landscape by displaying the sales, revenue, and market shares of the top players. It also profiles the major market participants with their business introductions, sales, price, revenue, gross, growth rates, etc.
Chapter 4 breaks down the market by different product types and shares data correspondingly with the aim of helping the readers know how the market is distributed by type.
Chapter 5 segments the market by downstream industry, with data covers sales, revenue, and growth rate tracing back to 2018.
Chapter 6 is the analysis of the whole market industrial chain, ranging from upstream raw materials to downstream customers, with regional conflicts taken into consideration.
Chapter 7 elaborates on market dynamics. Factors that drive, challenge, or restrain the market are all listed, together with industry news, opportunities, impacts of COVID-19, and SWOT analysis.
Chapter 8 shows the breakdown data at the regional level, which enables the readers to picture the regional competitive pattern of the market and learn about the revenue, sales, and market share of all the major regions.
Chapter 9-13 focus on each and every of the major region, specifically, North America, Europe, Asia Pacific, Latin America, Middle East & Africa. Sales, price, revenue, gross, gross margin, among others, will be all be presented.
Chapter 14 forecasts the future trend of the market not only as a whole but also from the perspective of all segments.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2029Frequently Asked Questions
This market study covers the global and regional market with an
in-depth analysis of the
overall growth prospects...
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by
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