Persistence Market Research

Polycaprolactone Market Will Reach US$ 214.2 Mn by an End of 2021

“Global Market Study on Polycaprolactone: Demand for Environment-Friendly Packaging Materials, Catalyzed the Polycaprolactone Market

 

New York City, NY -- (SBWIRE) -- 11/07/2017 -- According to a recent market report published by Persistence Market Research titled "Global Market Study on Polycaprolactone: Demand for Environment-Friendly Packaging Materials, Catalyzed the Polycaprolactone Market ", the global polycaprolactone market has been estimated to reach value of US$ 113.9 Mn by end of 2015, and is expected to expand at a CAGR of 11.1% between 2015 and 2021.

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In terms of market value, Europe is expected to dominate the global polycaprolactone market over the forecast period, with Asia Pacific being the second largest market, accounting for revenue share of 28.6% of the global estimated market value by 2015 end. Europe polycaprolactone market is slated to expand at the highest CAGR of around 10.5% in terms of value between 2015 and 2021.

On the basis of application, the healthcare segment is expected to expand at the fastest CAGR in terms of value during the forecast period. Growth of this segment is primarily driven by increased adoption of polycaprolactone in manufacturing of drug delivery devices. Drug delivery and wound care management segments are expected to witness growth of 11.1% and 11.4% in terms of consumption during the forecast period. On the basis of form type, revenue from pellets segment is expected expand at a CAGR of 11.0% during the forecast period.

Report Overview @ https://www.persistencemarketresearch.com/market-research/polycaprolactone-market.asp

Perstorp Holding A.B., BASF SE, and Diacel Corporation are the leading players in the global polycaprolactone market. Other players include Durect Corporation, Corbion Purac, Sigma-Aldrich Corporation, and Shenzhen Esun Industries Co. Ltd.

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