Press release
Polycaprolactone Market to Expand at a Healthy CAGR of 10% through 2030
Polycaprolactone Market
The global polycaprolactone market has witnessed a strong growth rate of ~9.5% over the historical period with sales pegged at US$ ~330 Mn in 2019. PCL, a synthetic polymer has found widespread demand in numerous applications due to several characteristics, including long span biodegradability, biocompatibility, 3D techniques, and regenerative properties.
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The global polycaprolactone market has evolved significantly in recent years, on the back of increasing investments in new technologies to overcome performance and quality issues associated with the manufacturing of polycaprolactone.
How will Polycaprolactone Sales Grow in 2021 and Beyond
The Polycaprolactone industry report tracks short-term and long-term growth, offering readers analysis they can use immediately to formulate their strategies. Overall, demand for Polycaprolactone will be heavily influenced by broader developments in the chemicals sector. The Chemical Activity Barometer has shown a stable streak, which is indicative of an ascendancy in US chemicals sector. However, the US chemicals sector growth will depend to a large extent on how end-use industries fare.
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Traditionally, demand from automotive sector has been key to chemical demand. The US automotive sector is set to recover in 2021 with sales expected to be in the range of 15.5 million to 16 million. Housing is another key demand generator for chemicals sector.
The record low mortgage rates have led to momentum in the US housing sector, but it will remain to be seen whether an increase subdues the enthusiasm. The European chemical sector is also set to recover in 2021, after contracting by 2% in 2020. Recovery is likely to be sustained with a growth of 2% also expected in 2022.
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Growth of chemicals sector in Asia Pacific will also contribute to overall recovery. The resurgence of a virulent variant in India has taken the sheen away from the recovery made in 2021, but other economies in the region continue to be on the path to recovery.
The chemical sector in Japan and South Korea is also shifting toward use of green chemicals. Regulation, combined with evolving demand of end-users, is creating a market scenario that is conducive to green chemicals.
Key Polycaprolactone Market Segments
By Form, the key segments include,
• Pellets
• Nanosphere
By application, the key segments include
• Thermoplastic Polyurethane
• Healthcare
• Drug Delivery
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Competitive Landscape
The Fact.MR study profiles the business, product and other key strategies of the leading Polycaprolactone companies in detail. The competitive landscape section of the study tracks market leaders, incumbents, and aspirants, laying out a layered information model that readers can use.
Key Regions Analyzed
• North America
• Latin America
• Europe
• Asia-Pacific
• Middle East & Africa
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Key Country-wise Inclusions
• US Polycaprolactone Market
• Canada Polycaprolactone Sales
• Germany Polycaprolactone Production
• UK Polycaprolactone Industry
• France Polycaprolactone Market
• Spain Polycaprolactone Supply-Demand
• Italy Polycaprolactone Outlook
• Russia & Cis Market Analysis
• China Polycaprolactone Market Intelligence
• India Polycaprolactone Demand Assessment
• Japan Polycaprolactone Supply Assessment
• ASEAN Polycaprolactone Market Scenario
• Brazil Polycaprolactone Sales Analysis
• Mexico Polycaprolactone Sales Intelligence
• GCC Polycaprolactone Market Assessment
• South Africa Polycaprolactone Market Outlook
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