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The global Caprolactone market was valued at 23.07 Million USD in 2021 and will grow with a CAGR of 1.58% from 2021 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
ε-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. ε-Caprolactone is a colourless liquid with a melting point of -1.3 °C and a boiling point of 237 °C.About 63 % of the quantity produced is used on site for the production of polymers (polycaprolactones for own use). The remaining 37 % is sold to customers (downstream users). ε-Caprolactone is used by downstream users to modify resins and polymers in order to enhance the performance of the end-products. The majority is used for the modification of acrylic resins and polyesters, but it is also used for modification of epoxy resins and polyurethanes. A small quantity of ε-caprolactone (< 2%) is used as reactive diluent and as a solvent (e.g. for vinyl resins). Caprolactone is a specialty intermediate, serving many different final market segments such as polyurethane elastomers, adhesives and sealants and industrial coatings and many other diverse application areas. The world`s major consumption regions are the United Kingdom, Japan and the United States. Perstorp and Daicel are the world`s major downstream customers. ε-Caprolactone is used as their own raw materials for downstream product. Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area. In the future, the market in developed countries will have some growth and the market in developing countries will have a faster growth rate.
By Market Verdors:
Perstorp
Daicel
BASF
By Types:
99.5 % Purity
99.9% Purity
By Applications:
Polycaprolactone
Acrylic Resin Modified
Polyesters Modified
Epoxy Resin Modified
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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