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Polycaprolactone Polyol Market

ID: MRFR/CnM/2723-CR
107 Pages
Priya Nagrale
July 2017

Polycaprolactone Polyol Market Research Report Information- By Application (Foam, Adhesives, Coating Elastomer and Others), By End-Use (Resin, Footwear, Automotive, Pharmaceutical, Printing, Commodity, Other) - Global Forecast to 2035

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Polycaprolactone Polyol Market Summary

The Global Polycaprolactone Polyol Market is projected to grow significantly from 700 USD Million in 2024 to 2268.2 USD Million by 2035.

Key Market Trends & Highlights

Polycaprolactone Polyol Market Key Trends and Highlights

  • The market is expected to expand at a compound annual growth rate (CAGR) of 11.28 percent from 2025 to 2035.
  • By 2035, the market valuation is anticipated to reach approximately 2268.2 USD Million, indicating robust growth potential.
  • In 2024, the market is valued at around 700 USD Million, reflecting a solid foundation for future expansion.
  • Growing adoption of bio-based materials due to increasing environmental concerns is a major market driver.

Market Size & Forecast

2024 Market Size 700 (USD Million)
2035 Market Size 2268.2 (USD Million)
CAGR (2025-2035) 11.28%

Major Players

Perstrop Holdings A.B., BASF SE, Daicel Corporation, Sigma Aldrich, Shenzhen Esun Industrial Co., Ltd, Gantrade Corporation, Huntsman International LLC (U.S)

Polycaprolactone Polyol Market Drivers

Market Growth Projections

The Global Polycaprolactone Polyol Market Industry is poised for substantial growth, with projections indicating a market size of 700 USD Million in 2024. This growth trajectory is expected to accelerate, with estimates suggesting a market value of 2268.2 USD Million by 2035. The compound annual growth rate of 11.28% from 2025 to 2035 reflects the increasing adoption of polycaprolactone polyol across various sectors, including automotive, packaging, and medical applications. The anticipated expansion underscores the material's versatility and the growing demand for sustainable alternatives in the global market.

Advancements in Polymer Technology

Technological advancements in polymer science significantly influence the Global Polycaprolactone Polyol Market Industry. Innovations in production techniques and formulations enhance the performance characteristics of polycaprolactone polyol, making it suitable for a wider range of applications. For instance, improvements in its mechanical properties and thermal stability allow for its use in high-performance coatings and adhesives. These advancements not only increase the versatility of polycaprolactone polyol but also attract investments in research and development. As a result, the market is expected to grow at a compound annual growth rate of 11.28% from 2025 to 2035, reflecting the industry's commitment to continuous improvement and innovation.

Rising Demand for Biodegradable Materials

The Global Polycaprolactone Polyol Market Industry experiences a surge in demand for biodegradable materials, driven by increasing environmental awareness. As industries seek sustainable alternatives to conventional plastics, polycaprolactone polyol emerges as a viable option due to its biodegradability and eco-friendliness. This trend is particularly evident in packaging, automotive, and consumer goods sectors, where companies are actively pursuing greener solutions. The market is projected to reach 700 USD Million in 2024, reflecting a growing commitment to sustainability. Furthermore, the anticipated growth trajectory suggests that by 2035, the market could expand to 2268.2 USD Million, indicating a robust shift towards environmentally responsible materials.

Growing Applications in the Medical Sector

The Global Polycaprolactone Polyol Market Industry benefits from expanding applications in the medical field, where its biocompatibility and biodegradability are highly valued. Polycaprolactone polyol is increasingly utilized in the production of drug delivery systems, sutures, and tissue engineering scaffolds. These applications are driven by the need for materials that can safely interact with biological systems while minimizing environmental impact. The medical sector's growing reliance on such materials is indicative of a broader trend towards sustainable healthcare solutions. As the market evolves, it is poised for significant growth, with projections indicating a potential market size of 2268.2 USD Million by 2035.

Regulatory Support for Sustainable Practices

Regulatory frameworks promoting sustainable practices significantly impact the Global Polycaprolactone Polyol Market Industry. Governments worldwide are increasingly implementing policies that encourage the use of biodegradable materials in various sectors, including packaging and construction. Such regulations not only create a favorable environment for polycaprolactone polyol but also stimulate demand across industries seeking compliance with environmental standards. This regulatory support is expected to drive market growth, with projections indicating a market size of 700 USD Million in 2024. As sustainability becomes a priority for policymakers, the market is likely to expand further, with potential growth reaching 2268.2 USD Million by 2035.

Increased Investment in Research and Development

Investment in research and development plays a crucial role in shaping the Global Polycaprolactone Polyol Market Industry. Companies are increasingly allocating resources to explore new applications and improve existing formulations of polycaprolactone polyol. This focus on R&D not only enhances product performance but also fosters innovation in sustainable practices. For example, research initiatives aimed at optimizing production processes can lead to cost reductions and improved environmental outcomes. As a result, the market is likely to witness a steady growth trajectory, with an expected compound annual growth rate of 11.28% from 2025 to 2035, reflecting the industry's commitment to advancing polycaprolactone polyol technologies.

Key Companies in the Polycaprolactone Polyol Market market include

Industry Developments

June 2023-Sabic said that it has agreed with Teijin on new products made from PCL. Both companies are going to make various materials based on PCL, including those for vehicles, gadgets and medical devices.

May 2023 – BASF announced that its newly built plant in China for PCL has started production. The factory has a capacity of up to 50 thousand MT/year which will satisfy the increasing Asian demand.

BASF began manufacturing Sovermol at Mangalore, India, in March 2023 as its first bio-based polyol. BASF continues to support sustainable and environmentally friendly products through a focus on bio-based materials

In 2023, Solvay launched several breakthrough products aiming automotive and electronic industry.

December 2022: Innovative hybrid biomaterials blending PLC with bioactive glasses and calcium phosphate-based ceramics have been shown to improve their mechanical strength, degradation rates can be controlled, leading to greater levels of bioactivity. These developments make them perfect biomaterials applied in bone tissue engineering. Meanwhile, the use of polycaprolactone triols in polyurethane coatings introduces a new frontier in material science. These triols contribute to coatings with superior UV resistance, higher abrasion resistance, and improved tensile/ tear strength. Furthermore, their excellent resistance to oils and fuels heralds a new era in creating more durable and versatile polyurethane formulations.

Future Outlook

Polycaprolactone Polyol Market Future Outlook

The Polycaprolactone Polyol Market is projected to grow at an 11.28% CAGR from 2024 to 2035, driven by increasing demand in biodegradable materials and sustainable applications.

New opportunities lie in:

  • Develop innovative formulations for eco-friendly adhesives and sealants.
  • Expand production capabilities to meet rising demand in automotive applications.
  • Invest in R&D for advanced applications in medical devices and drug delivery systems.

By 2035, the Polycaprolactone Polyol Market is expected to achieve substantial growth, reflecting its critical role in sustainable materials.

Market Segmentation

Segmentation Table

  • Footwear
  • Pharmaceutical
  • Resin
  • Automotive
  • Printing
  • Others
  • Adhesive
  • Elastomer
  • Foam
  • Coating
  • Others

Competitive Landscape

  • Perstrop Holdings A.B .
  • BASF SE
  • Daicel Corporation
  • Sigma Aldrich
  • Shenzhen Esun Industrial Co., Ltd
  • Gantrade Corporation, Huntsman International LLC (U.S)

List of Key Players Covered in the Report

  • Perstrop Holdings A.B .
  • BASF SE
  • Daicel Corporation
  • Sigma Aldrich
  • Shenzhen Esun Industrial Co., Ltd
  • Gantrade Corporation, Huntsman International LLC (U.S)

Global Market for Polycaprolactone Polyol, By End-Use

  • Adhesive
  • Elastomer
  • Foam
  • Coating
  • Others

Global Market for Polycaprolactone Polyol, By Application

  • Footwear
  • Pharmaceutical
  • Resin
  • Automotive
  • Printing
  • Others
  • Adhesive
  • Elastomer
  • Foam
  • Coating
  • Others

Report Scope

Attribute/Metric Details
  Market Size   USD 700 Million 2030
  CAGR   11.28% (2024-2032)
  Base Year   2023
  Forecast Period   2024-2032
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Application, End-Use Industry and Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Perstrop Holdings A.B., BASF SE, Daicel Corporation, Sigma Aldrich, Shenzhen Esun Industrial Co., Ltd, Gantrade Corporation, Huntsman International LLC (U.S)
  Key Market Opportunities   Growing Restrictions on Non-Biodegradable Polyol to Restrict the Market
  Key Market Drivers   Biodegradable Nature of Polycaprolactone Polyol to Boost the Market

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

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FAQs

How much is the global polycaprolactone polyol market worth in the future?

The valuation of the global polycaprolactone polyol market is projected to reach USD 700 MN by 2023.

At what CAGR is the global polycaprolactone polyol market projected to grow in the forecast period (2016-2024)?

The valuation of the global polycaprolactone polyol market is estimated to expand at 11.28% during the forecast period (2024-2035).

What are the major tailwinds pushing the growth of the global polycaprolactone polyol market?

Rapid growth in the major end-user industries, Technological advancement.

Which region holds the largest share in the global polycaprolactone polyol market?

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

Who are the top players in the global polycaprolactone polyol market?

BASF SE, Gantrade Corporation, Sigma Aldrich, Perstrop Holding A.B., Shenzhen Esun Industrial Co., Ltd, Daicel Corporation, and Huntsman International LLC, are some of the major players operating in the polycaprolactone polyol market.

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