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Global Polycaprolactone Market - 2019-2026
The global Polycaprolactone market size was valued at USD XX billion in 2018 and is anticipated to expand at a CAGR of XX % from 2019 to 2026. Polycaprolactone (PCL) may be a fossil-based, semi-crystalline, and biodegradable polyester with the formula (C6H10O2)n. Its relative molecular mass and crystallinity are inversely proportional to every other, i.e. its crystallinity tends to decrease with a rise in its relative molecular mass. On exposure to moisture, heat, and microorganisms, PCL can naturally break down into organic components. A number of the exceptional properties of polycaprolactone include better biocompatibility, biodegradability, non-toxicity, low viscosity, and its capability to simply melt, among others.
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PLC springs from the chemical synthesis of petroleum and may be degraded by aerobic and anaerobic microorganisms .Source: Secondary Databases, Primary Interviews and 99-Reports Analysis Global Polycaprolactone Industry Dynamics Numerous factors are linked with the expansion of the polycaprolactone market. ...
... Polycaprolactone is one among the highly attractive compounds within the category of biodegradable polyesters. Polycaprolactone is employed within the formulation of thermoplastic polyurethane, which is further utilized in different end-user industries. The most reason behind the adoption of polycaprolactone as a raw material within the synthesis of thermoplastic polyurethane is its exceptional properties like better hydrophobic characteristics, resistance to grease & grease, wear resistance, chemical resistance, UV-resistance, gloss, adhesion, and low-temperature flexibility.
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Also, the biodegradable nature of polycaprolactone promotes its adoption in numerous applications associated with the healthcare industry, like implants, orthopedic, drug delivery, wound dressing, etc.Furthermore, increasing approvals by various regulatory bodies for the usage of polycaprolactone within the healthcare industry are expected to drive the expansion of the polycaprolactone market.
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Global Polycaprolactone Market - Key Segment -
Global Polycaprolactone Market
• By Type -
• Type I
• Type II
• Global Polycaprolactone Market
• By Application-
• Medical Field
• Mold Industry
• Plasticizer
Global Polycaprolactone Market –
Geographical Analysis By geography, the global Polycaprolactone Market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).North America polycaprolactone market is anticipated to grow at faster pace as a result of 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 within the coming years. Asia pacific is that the major market attributable 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.
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Global Polycaprolactone Market -
Competitive Analysis
Some of the key leaders companies in the market include -
• Perstorp
• Daicel
• Esun
• BASF SE
• Durect Corporation
• Sigma-Aldrich Corporation
• Shenzhen Esun Industries and Corbion Purac.
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