Caprolactone Market Share

  • Report ID: 3836
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Caprolactone Market Share

APAC Market Statistics

Asia Pacific industry is poised to hold largest revenue share of 36% by 2037. The growth of the market can be attributed majorly to the rising building and construction sector in the region. In countries such as China, India, and Indonesia in particular, there is a growing need for houses, companies, and infrastructure including roads, bridges, and airports, which has raised the demand for caprolactone in the region. Caprolactone is mostly utilized as a raw ingredient in this sector to make polyols and polyurethane resins. For instance, insulation, adhesives, sealants, and coatings are just a few of the many uses for polyurethane resins in the construction sector. In addition, polyurethane resins based on caprolactone have outstanding physical and chemical characteristics, including great durability, flexibility, and resistance to chemicals and weathering. Further, the rising number of government initiatives to build smart cities is also anticipated to contribute to market growth in the region. According to recent estimates, the construction market in China is projected to rise by over 8% in 2022.

North American Market Forecast

The North American caprolactone market, amongst the market in all the other regions, is projected to grow with the highest CAGR during the forecast period. The growth of the market can be attributed majorly to the growing medical industry. The demand for caprolactone in the region is rising owing to its biocompatibility, biodegradability, versatility, and variety of applications in healthcare.  For instance, the creation of biodegradable sutures is one of caprolactone's most significant uses in the healthcare sector. Further, the surging infrastructural development, and growing investments to conduct research and development activities in the chemicals industry are also anticipated to contribute to the market growth in the region.  

Europe Market Forecast

Further, the market in Europe, amongst the market in all the other regions, is projected to hold a majority of the share by the end of 2037. The growth of the market can be attributed majorly to the significant growth of the industrial and chemical industries in wealthy nations including the United Kingdom, France, and Germany. For instance, an increase in demand for caprolactone is one of the main results of expanding the chemical sector. Caprolactone is used to make a variety of goods, including coatings, adhesives, and elastomers, and demand for it is predicted to rise as the chemical industry expands. Further, the growing construction industry in the region is also anticipated to contribute to the market growth in the region.

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Author Credits:  Rajrani Baghel


  • Report ID: 3836
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of caprolactone is evaluated at USD 329.55 million.

The caprolactone market size was valued at USD 296.87 million in 2024 and is set to exceed USD 689.77 million by 2037, registering over 6.7% CAGR during the forecast period i.e., between 2025-2037. Rising demand for biodegradable polymers and the increasing construction sector will boost the market growth.

Asia Pacific industry is poised to hold largest revenue share of 36% by 2037, attributed to rising building and construction sector in the region.

The major players in the market are BASF SE, Daicel Corporation, Perstorp AB, Merck & Co., Inc., Leschaco Japan K.K., ITOCHU Chemical Frontier Corporation, Solvay S.A., Santa Cruz Biotechnology, Inc., Esun International Co., Ltd., Tokyo Chemical Industry
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