Pdf for Polycaprolactone Market

Polycaprolactone Market is expected to grow at a
significant rate during 2017 - 2024: Global Market
Insights, Inc.
Hydrophobicity, molecular weight distribution, and low viscosity are among the major
properties driving Polycaprolactone (PCL) Market growth. Increased application of
polycaprolactone and its copolymers in the production of thermoplastic polyurethane
(TPU), polyurethane (PU) and polyols will drive the industry demand. Coatings,
adhesive, sealants and elastomers supporting are major applications fueling industry
growth.
Enhanced application in controlled drug release and long-term implants will drive the
market growth. Approval from the FDA for use of polycaprolactone in applications
such as sutures and drug delivery will open new opportunities for industry expansion.
Increased demand of polyurethane from healthcare industry will drive the product
demand. Lowering of cost and increased biodegradability provided by starch and other
organic fillers when mixed with PCL will positively fuel product demand in healthcare
sector.
Growing need for noise barriers in the highways and commercial industry will fuel the
industry demand. Increasing demand for insulation of the boats from noise and
extreme temperature will augment demand of polyurethane, that in turn is projected
to impact global industry growth. Enhanced durability, insulation features, versatility
and strength-to-weight ratios is further likely to propel product demand. Presence of
substitutes at low costs and instability of raw material costs are likely to impact
polycaprolactone market price trend.
Growing demand for polycaprolactone to seal and encapsulate pressure sensitive
microelectronic components will stimulate the product penetration. However, slow
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degradation rate, low cell adhesion, and poor mechanical properties in tissue
engineering may restrain the industry growth. Product as well as technology
innovations focusing on environment-friendly and cost-effective solutions is another
major factor anticipated to fuel industry growth. Tear and abrasion resistance offered
by rigid polyurethane foams produced from PCL make it a preferable form of insulator
driving the industry growth.
Market research reports: Key analytical components
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Based on application, the healthcare segment is expected to expand at the fastest
CAGR during the forecast period. Growth of the segment is mainly driven by
augmented adoption of polycaprolactone in manufacturing of drug delivery devices.
Increasing demand of polyurethane derived from polycaprolactone owing to rising
need for wound dressing, hospital bedding, injection-molded devices, general purpose
tubing and surgical drapes will stimulate the market growth. Growing demand from
dentistry application including dental splints and root canal filling will enhance
segment growth.
Regionally, Global Market Insights, Inc.’s polycaprolactone market research has the
most in-depth, country focused estimates and forecasts for decision makers across the
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globe. An exhaustive list of company profiles for organizations active in the
polycaprolactone market supports the regional analysis and information offering a
competitive outlook on the industry. For each segment analyzed in this research,
whether it is by product, application, material or end-use, a regional overview with
historical data and polycaprolactone market forecast is provided to the reader. Such a
cross-segmentation research analysis is also unique to reports by Global Market
Insights, Inc.
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North America polycaprolactone market is anticipated to grow at faster pace owing to
high demand from surgical equipment, biodegradable products and supplies. Increase
product usage in modeling, splinting and as feedstock for prototyping systems will
drive the product demand in the coming years.
Asia pacific is the major market owing to China emerging as key manufacturer of the
polycaprolactone material for adhesive and plastic industries. Growing consumption
of the PCL for manufacturing surgical equipment and melting plastic industries from
China, Japan and India will drive regional industry demand.
Global major Polycaprolactone Market players include Perstorp, Daicel, Esun, BASF SE,
Durect Corporation, Sigma-Aldrich Corporation, Shenzhen Esun Industries and Corbion
Purac
Polycaprolactone market share is moderately consolidated in the emerged regions
such as North America owing to strong government support for developing and
innovating biodegradable polymers for sustainable lifestyle. On contrary, in the
developing regions the market is highly fragmented with dominance of various small
companies specifically from Asia Pacific.
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