Polycaprolactone Market Trends

ID: MRFR/CnM/6072-HCR

140 Pages

Priya Nagrale

October 2025

Polycaprolactone Market Research Report Information by Form (Pellets, Nanosphere, Microsphere), Production Method (Ring Opening Polymerization, Polycondensation of Carboxylic Acid), Application (Thermoplastic Polyurethane, Healthcare), Region — Forecast till 2035

Request Free Sample

Summary Table of Contents Segmentation Download PDF

Market Trends

Key Emerging Trends in the Polycaprolactone Market

The polymer industry shows unique trends and polycaprolactone (PCL) has experienced some remarkable developments in recent years. Polymer caprolactone, being a plant-derived polyester, is bringing new demands. In addition, more industries are using biodegradable polymers like PCL instead of traditional plastics as people become more environmentally conscious. One key reason behind this trend is sustainability, which has become a central theme throughout the world. Again, PCL is characterized by versatility, which is key to understanding its market trends. Today, PCL has found its way into various industries, including medical devices and drug delivery systems, 3D printing, and packaging. The popularity of this material has grown due to its compatibility with different manufacturing processes and end-use applications, as well as its ability to be used in multiple roles. Among other things, these industries need materials that can meet multiple requirements, making PCL a valuable solution because it combines biodegradability with flexibility and durability. Medical and pharmaceutical sectors have also played a major role in shaping polycaprolactone's (PCL) market trends. This polymer is biocompatible and biodegradable, thus becoming more common in medical sutures, wound care products, and controlled drug release systems, among others. The utilization of the material has been driven by the need for advanced &degradable raw materials for use in health care products. Currently, many high-quality filaments are required due to advancements in 3D printing technology. Polycaprolactone (PCL) is thermoplastic, which makes it suitable for 3D printing applications, particularly when sophisticated forms are needed. The same trend will continue with the increased adoption of 3D-printing technologies across all sectors, such as aerospace or consumer goods, as well as more mainstream automotive. PCL market developments further influence ongoing R&D efforts. Researchers and manufacturers are constantly seeking ways of enhancing PCL properties, including its mechanical strength, thermal stability, and degradation rates. The objective of these attempts is to increase the application field for PCL to meet the specific industry requirements. Nevertheless, difficulties persist in PCL markets, such as cost issues and rivalry with other degradable polymers. Despite having unique benefits, economic factors may hamper its penetration into the market, especially in price-sensitive industries. Besides, there might be a threat to PCL from the emergence of alternative biodegradable polymers that may force companies to differentiate their products and focus on niche markets.

Market Highlights

Author

Priya Nagrale

Senior Research Analyst

With an experience of over five years in market research industry (Chemicals & Materials domain), I gather and analyze market data from diverse sources to produce results, which are then presented back to a client. Also, provide recommendations based on the findings. As a Senior Research Analyst, I perform quality checks (QC) for market estimations, QC for reports, and handle queries and work extensively on client customizations. Also, handle the responsibilities of client proposals, report planning, report finalization, and execution

Get In Touch

FAQs

What was the value of the global Polycaprolactone market in 2018?

Polycaprolactone market had valued at USD 370.42 BN in 2018.

At what CAGR is the global Polycaprolactone market projected to grow in the forecast period (2018-2024)?

Global Polycaprolactone market is estimated to register 10% CAGR during the forecast period (2018-2023).

Which are the major segments in the global Polycaprolactone market?

By form, the pellets segment and by applications, the thermoplastic polyurethane segment holds the leading share in the global Polycaprolactone market.

Which region holds the largest share in the global Polycaprolactone market?

Asia Pacific holds the largest share in the global Polycaprolactone market, followed by North America and Europe, respectively.

Who are the top players in the global Polycaprolactone market?

Daicel Corporation (Japan), Perstorp Holding AB (Sweden), Shenzhen Esun Industrial Co., Ltd (China), BASF SE (Germany), Corbion (the Netherlands), Merck KGaA (Germany), Haihang Group (China), Polysciences, Inc. (US), Durect Corporation (US), and Shenzhen Polymtek Biomaterial Co., Ltd (China), are some of the major players operating in the Polycaprolactone market.

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

Customize Report

Certified Researchers

Market Summary

As per Market Research Future Analysis, the global polycaprolactone market was valued at USD 370.42 billion in 2030 and is projected to register a CAGR of over 10.00% during the review period. Polycaprolactone Market, a biodegradable polyester produced via ring-opening polymerization, is widely used in thermoplastic polyurethane production and as an additive in resins. Its eco-friendly nature has led to increased adoption in healthcare, particularly in tissue engineering. The market is driven by the growing demand for thermoplastic polyurethane in automotive, construction, and packaging industries. However, challenges may arise from the increasing demand for polycaprolactone polyps in similar applications. Key players include Perstorp Holding AB, Daicel Corporation, and BASF SE.

Key Market Trends & Highlights

The polycaprolactone market is witnessing significant growth driven by various factors.

Market valued at USD 370.42 billion in 2030; projected CAGR of over 10.00%.
Asia-Pacific held major market share in 2018 due to high thermoplastic polyurethane usage.
Growing healthcare applications include drug delivery and tissue engineering.
Recent developments include BASF's new PCL plant in China with a capacity of 50,000 metric tons per year.

Polycaprolactone Market

CAGR

over 10.00%

Market Size & Forecast

Market Size in 2030	USD 370.42 billion
Projected CAGR	over 10.00%
Major market share in 2018	Asia-Pacific
Key applications	thermoplastic polyurethane, healthcare.

Major Players

Perstorp Holding AB (Sweden), Daicel Corporation (Japan), Shenzhen Esun Industrial Co., Ltd (China), Corbion (the Netherlands), BASF SE (Germany), Merck KGaA (Germany), Polysciences, Inc. (US), Haihang Group (China), Shenzhen Polymtek Biomaterial Co., Ltd (China), Durect Corporation (US).

Market Trends

Polycaprolactone Market Market Drivers

Market Growth Projections

The Global Polycaprolactone Market Industry is poised for substantial growth, with projections indicating a market value of 132.3 USD Billion in 2024 and an anticipated increase to 596.6 USD Billion by 2035. This remarkable growth trajectory suggests a compound annual growth rate of 14.68% from 2025 to 2035, reflecting the increasing adoption of polycaprolactone across various sectors. The market's expansion is driven by factors such as rising demand for biodegradable plastics, advancements in medical applications, and the integration of polycaprolactone in innovative manufacturing processes.

Growth in 3D Printing Technologies

The rise of 3D printing technologies is significantly influencing the Global Polycaprolactone Market Industry. Polycaprolactone Market's favorable properties, such as low melting point and excellent flow characteristics, make it an ideal material for 3D printing applications. Industries ranging from automotive to consumer goods are increasingly adopting 3D printing for prototyping and production, which in turn drives the demand for polycaprolactone. As this technology continues to advance, the market is expected to witness a compound annual growth rate of 14.68% from 2025 to 2035, reflecting the growing integration of polycaprolactone in innovative manufacturing processes.

Advancements in Medical Applications

The Global Polycaprolactone Market Industry is experiencing substantial growth due to advancements in medical applications. Polycaprolactone Market is increasingly utilized in drug delivery systems, tissue engineering, and sutures, owing to its biocompatibility and biodegradability. The material's ability to support cell growth and its favorable degradation rate make it a prime candidate for innovative medical solutions. As the healthcare sector continues to evolve, the demand for polycaprolactone in medical devices is likely to surge, contributing to the market's expansion. This growth aligns with the projected increase in market value, potentially reaching 596.6 USD Billion by 2035.

Increasing Use in Packaging Solutions

The Global Polycaprolactone Market Industry is benefiting from the increasing use of polycaprolactone in packaging solutions. As companies strive to reduce their environmental footprint, polycaprolactone's biodegradable properties make it an attractive option for packaging materials. This shift towards sustainable packaging is evident in various sectors, including food and consumer goods, where polycaprolactone is being utilized to create eco-friendly packaging alternatives. The growing consumer preference for sustainable products is likely to propel the market forward, contributing to the overall growth trajectory of the industry in the coming years.

Rising Demand in Biodegradable Plastics

The increasing global emphasis on sustainability drives the demand for biodegradable plastics, including polycaprolactone. As environmental concerns escalate, industries are seeking alternatives to conventional plastics. The Global Polycaprolactone Market Industry is witnessing a shift towards eco-friendly materials, with polycaprolactone being favored for its biodegradability and versatility. This trend is expected to contribute significantly to the market's growth, as consumers and manufacturers alike prioritize sustainable practices. The market is projected to reach 132.3 USD Billion in 2024, indicating a robust demand for biodegradable solutions in various applications.

Regulatory Support for Sustainable Materials

Regulatory frameworks promoting the use of sustainable materials are playing a crucial role in the Global Polycaprolactone Market Industry. Governments worldwide are implementing policies that encourage the adoption of biodegradable plastics, including polycaprolactone, to combat plastic pollution. This regulatory support is fostering innovation and investment in the development of sustainable materials, thereby enhancing the market's growth potential. As regulations become more stringent, industries are likely to pivot towards polycaprolactone, further solidifying its position in the market and contributing to its projected growth.

Market Segment Insights

Regional Insights

Key Companies in the Polycaprolactone Market market include

Industry Developments

May 2023- BASF said that its newly established PCL plant in China had started producing. There is capacity to produce up to 50,000 metric tons of PCL per year at the plant, which will cater to increasing demand from Asia.

June 2023 - Sabic has informed on signing an understanding letter with Teijin about the joint development of new PCL-based products. The two companies will join forces in developing various PCL-based materials, including car parts, electronic components, and medical tools.

In 2020, ITOCHU Chemical Frontier Corporation partnered with Chromocenter Inc. in order to expand cell therapy and regenerative medicine capabilities.

In 2021, Nestle and LyondellBasell have agreed on a long-term partnership under which they will produce Circulen Renew branded sustainable polymers.

In December 2022, polycaprolactone hybrid biomaterials containing bioactive glasses and calcium phosphate-based ceramics were developed; these materials exhibit increased mechanical strength, controlled degradation rates, and higher bioactivity, making them ideal for applications in bone tissue engineering.

Intended Audience

Polycaprolactone Market Manufacturers

Traders and Distributors of Polycaprolactone Market

Research and Development Institutes

Potential Investors

Raw Material Suppliers

Nationalized Laboratories

Future Outlook

Polycaprolactone Market Future Outlook

The Global Polycaprolactone Market is poised for growth at a 14.68% CAGR from 2024 to 2035, driven by increasing demand in biodegradable plastics and medical applications.

New opportunities lie in:

Develop innovative biodegradable packaging solutions to meet sustainability goals.
Invest in R&D for advanced medical applications, such as drug delivery systems.
Expand production capabilities to cater to emerging markets in Asia-Pacific.

By 2035, the Polycaprolactone Market is expected to achieve substantial growth, solidifying its position as a leader in sustainable materials.

Market Segmentation

Report Scope

Report Attribute/Metric	Details
Market Size	2030: USD 370.42 Billion
CAGR	CAGR 10.00% (2022-2030)
Base Year	2021
Forecast Period	2022-2030
Historical Data	2019 & 2020
Forecast Units	Value (USD Billion)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	Basis of form, production method, application, and region.
Geographies Covered	North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Vendors	Perstorp Holding AB (Sweden), Daicel Corporation (Japan), Shenzhen Esun Industrial Co., Ltd (China), Corbion (the Netherlands), BASF SE (Germany), Merck KGaA (Germany), Polysciences, Inc. (US), Haihang Group (China), Shenzhen Polymtek Biomaterial Co., Ltd (China), and Durect Corporation (US).
Key Market Opportunities	Low-cost organic fillers is expected to create lucrative opportunities.
Key Market Drivers	Growing use of polycaprolactone in the healthcare sector