What is Caprolactone Market Scope?
Caprolactone or simply caprolactone is a lactone (a cyclic ester) possessing a seven-membered ring. Its name is derived from caproic acid. This colorless liquid is miscible with most organic solvents and water and is produced on a large scale as a precursor to caprolactam and polycaprolactone polymers. It is a colourless liquid with a melting point of -1.3 °C and a boiling point of 237 °C., Caprolactone is synthesized in the industrial setting using the Baeyer-Villiger oxidation of cyclohexanone with peracetic acid. and Caprolactone is a monomer that is utilized in the manufacture of highly specialized polymers. Polycaprolactone is produced through ring-opening polymerization, for example. Polyglecaprone is another polymer that is utilized as a suture material in surgery.
Influencing Trend:
The Growth in the Demand of Environmentally Friendly Coatings in Marine and Aerospace Industry
Market Growth Drivers:
Increasing Demand of Highly Specialised Polymers in Numerous Industries and Surging Demand of Biodegradable Polymer Worldwide
Restraints:
Price Fluctuations of Raw Materials
Opportunities:
Increasing Numbers of Regulatory Approvals for Usage of Polycaprolactone in the Healthcare Industry and Huge Demand of Light Weight Material in Automotive Industry
The Caprolactone market study is being classified, by Application and major geographies with country level break-up.
According to AMA, the Global Caprolactone market is expected to see growth rate of 3.3% and may see market size of USD336.2 Million by 2028.For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors. Analysts at AMA predicts that Vendors from Global will contribute to the maximum growth of Global Caprolactone market throughout the predicted period.
Perstorp Holding AB (Sweden), Daicel Corporation (Japan), BASF SE (Germany), Merck KGaA (Germany), Perstorp Holding A.B (Ingevity) (Sweden), Diacel Corporation (Japan), DURECT Corporation (United States), Corbion N.V. (Netherlands), Polysciences, Inc. (United States), Shenzen Esun Industrial Co. Ltd. (China), Salsbury Chemicals, Inc. (United States) and Haihang Industries Co., Ltd. (China) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Caprolactone market by Type, Application and Region.
On the basis of geography, the market of Caprolactone has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In 2018, Ingevity Corporation announced it has reached an agreement with Perstorp Holding AB to acquire the Capa caprolactone division of Perstorp. The acquisition is subject to certain regulatory approvals and other customary closing conditions, and Ingevity expects to close on the transaction late in the first quarter of 2019.
Caprolactone Market Study: Important Years
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Caprolactone Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Caprolactone industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.