Market Overview:
The global high purity caprolactone market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high purity caprolactone from various end-use industries, such as polycaprolactone, acrylic resin modified, polyesters modified, epoxy resin modified and others. In terms of volume, Asia Pacific is expected to lead the global high purity caprolactone market during the forecast period.
Product Definition:
High Purity Caprolactone is a colorless, oily liquid with a characteristic odor. It is soluble in organic solvents and has a boiling point of 246 degrees Celsius. High Purity Caprolactone is used as an intermediate in the production of polycaprolactone, which is used in the manufacture of engineering plastics and fibers.
99.5 % Purity:
99.5% purity high purity caprolactone is a colorless and odorless liquid with a slight almond-like fragrance. It has applications in various end-use industries such as cosmetics, food & beverages, pharmaceuticals and others owing to its unique properties such as low toxicity, non-toxicity towards humans & animals and it's also considered safe for use in food items processing.
99.9% Purity:
99.9% purity or very high purity (VHP) means that the product contains less than 0.1% impurities by weight, which is usually achieved by evaporating the majority of water from the chemical during purification process and is also known as dry distillation method.
Application Insights:
High purity caprolactone is used as a feedstock for the manufacturing of polycaprolactone (PCL), acrylic resins modified, epoxy resins modified, and other high purity products. The demand for PCL in various industries including packaging, automotive & transportation is expected to witness growth on account of its superior properties such as impact resistance and strength against temperatures.
The demand for HPC-basedEpoxy Resin Modified (ERM)is anticipated to grow at a CAGR of XX% from 2017 to 2030 owingto its increasing application scope in industrial applications such as marine equipment manufacturing and electrical equipment production among others. In addition, it finds application in several end-use industries including construction materials where it is utilized mainly as adhesives in flooring systems underlayment; roofing underlayment; pipe wraps; wall coverings; countertop lamination; furniture assembly among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period owing to increasing demand for bio-based products coupled with government support for industrial development in emerging economies such as China and India. In addition, growing automotive industry is anticipated to drive product demand over the coming years.
Europe accounted for a significant share of global revenue due to stringent regulations by REACH regarding VOC emissions from paints & coatings products that are used across various industries including construction, automotive, marine and aerospace among others. This has led major manufacturers across Europe such as BASF SE; Evonik Industries AG; Royal Dutch Shell Plc.; Unilever NV; PPG Ltd.; Sherwin-Williams Co., Inc.; National Starch & Chemical Corporation among others adopt high purity caprolactone as an alternative solution offering cost benefits associated with it over other bio-based alternatives available in European markets at present time (2017).
Growth Factors:
- Increasing demand from end-use industries such as automotive, medical and construction is expected to drive the growth of the high purity caprolactone market over the forecast period.
- Growing awareness about the benefits of using high purity caprolactone in various applications is projected to fuel market growth.
- Rising R&D expenditure by key players for developing new products is anticipated to propel market expansion during the forecast period.
- The increasing use of high purity caprolactone in composites and coatings is likely to boost demand for this product over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
High Purity Caprolactone Market Research Report
By Type
99.5 % Purity, 99.9% Purity
By Application
Polycaprolactone, Acrylic Resin Modified, Polyesters Modified, Epoxy Resin Modified, Others
By Companies
Perstorp, Daicel, BASF
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global High Purity Caprolactone Market Report Segments:
The global High Purity Caprolactone market is segmented on the basis of:
Types
99.5 % Purity, 99.9% Purity
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Polycaprolactone, Acrylic Resin Modified, Polyesters Modified, Epoxy Resin Modified, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Perstorp
- Daicel
- BASF
Highlights of The High Purity Caprolactone Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 99.5 % Purity
- 99.9% Purity
- By Application:
- Polycaprolactone
- Acrylic Resin Modified
- Polyesters Modified
- Epoxy Resin Modified
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Purity Caprolactone Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High Purity Caprolactone is a type of caprolactam, which is a derivative of lactic acid. It has been used in the manufacturing of plastics and other materials because it has high purity and low reactivity.
Some of the major companies in the high purity caprolactone market are Perstorp, Daicel, BASF.
The high purity caprolactone market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Purity Caprolactone Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 High Purity Caprolactone Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 High Purity Caprolactone Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the High Purity Caprolactone Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global High Purity Caprolactone Market Size & Forecast, 2020-2028 4.5.1 High Purity Caprolactone Market Size and Y-o-Y Growth 4.5.2 High Purity Caprolactone Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 99.5 % Purity
5.2.2 99.9% Purity
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Polycaprolactone
6.2.2 Acrylic Resin Modified
6.2.3 Polyesters Modified
6.2.4 Epoxy Resin Modified
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Purity Caprolactone Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Purity Caprolactone Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 99.5 % Purity
9.6.2 99.9% Purity
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Polycaprolactone
9.10.2 Acrylic Resin Modified
9.10.3 Polyesters Modified
9.10.4 Epoxy Resin Modified
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 99.5 % Purity
10.6.2 99.9% Purity
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Polycaprolactone
10.10.2 Acrylic Resin Modified
10.10.3 Polyesters Modified
10.10.4 Epoxy Resin Modified
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 99.5 % Purity
11.6.2 99.9% Purity
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Polycaprolactone
11.10.2 Acrylic Resin Modified
11.10.3 Polyesters Modified
11.10.4 Epoxy Resin Modified
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 99.5 % Purity
12.6.2 99.9% Purity
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Polycaprolactone
12.10.2 Acrylic Resin Modified
12.10.3 Polyesters Modified
12.10.4 Epoxy Resin Modified
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 99.5 % Purity
13.6.2 99.9% Purity
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Polycaprolactone
13.10.2 Acrylic Resin Modified
13.10.3 Polyesters Modified
13.10.4 Epoxy Resin Modified
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Purity Caprolactone Market: Competitive Dashboard
14.2 Global High Purity Caprolactone Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Perstorp
14.3.2 Daicel
14.3.3 BASF