Polycaprolactone Polyol Market Volume Analysis, size, share and Key Trends -2023
Global Polycaprolactone Polyol Market Information- by Application (Foam, Adhesives, Coating Elastomer and Others), by End Use (Resin, Footwear, Automotive, Pharmaceutical, Printing, Commodity, Other) and by Region (North America, Europe, Asia Pacific, Mid
(EMAILWIRE.COM, June 19, 2018 ) Woodridge, USA Jun 2018(News) - Global Polycaprolactone Polyol Market Information- by Application (Foam, Adhesives, Coating Elastomer and Others), by End Use (Resin, Footwear, Automotive, Pharmaceutical, Printing, Commodity, Other) and by Region (North America, Europe, Asia Pacific, Middle East, Latin America) - Forecast to 2023
Market Synopsis of Global Polycaprolactone Polyol Market:
Polycaprolactone Polyol is a special high performance class of polyester polyol. Polycaprolactone polyols are formed by ring opening of hetrocyclic ring by glycol, the reaction results into narrow molecular weight distribution. The lack of high molecular weight tail makes low viscosity in polyester polyols, this leads to usage of polycaprolactone polyol in a variety of end-uses such as resin, footwear, automotive, pharmaceutical among others. The global polycaprolactone polyol market is expected to register a healthy growth and is projected to reach USD 791.4 million by 2023 due to its wide range of application in foam, adhesive, coating and elastomer. Foam which exists in rigid and flexible form accounted largest market share of 32% in 2016 and expected to grow at highest CAGR during the forecast period due to its properties such as hardness, high tensile strength and compression strength, strong impact and abrasion resistance. Coating accounted second largest market share due to the low viscosity of the polycaprolactone polyol. The coating is followed by adhesive, elastomer and other applications. In addition to this, the global polycaprolactone polyol market is segmented on the basis of end users as resins, footwear, automotive, pharmaceutical, printing, commodity and others. Resin accounted largest value market share and expected to grow at CAGR of 11.43% during the forecast period due to rising demand of bio-degradable plastics across the world and excellent dynamic properties, high resiliency, flexible at low temperature, improved hydraulic stability of polycaprolactone polyol. Resin segment followed by footwear industry, accounted second largest market share due to increased demand for comfortable footwear and increasing sports activity generally for health and fitness has significantly increased the focus on sportswear. Footwear segment is followed by automotive, pharmaceutical, printing, commodity and other segment.
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Regional Analysis
Regionally, the global polycaprolactone polyol Market is segmented into Asia Pacific, Europe, North America, Middle East, and Latin America. Asia Pacific is the leading region in the market that accounted largest market share of 30.10% and expected to grow at highest CAGR during forecast period from 2017 to 2023. China accounted largest market share by country in Asia pacific region. The polycaprolactone polyol market in China is expected to reach USD 156.8 million by 2023, growing at CAGR of 11.97% during forecast period.
Europe accounted second largest market share regionally, and expected to grow at CAGR of 11.48%. The factors that fuelled the demand for polycaprolactone polyol in Europe are increasing demand of biodegradable plastics from consumers and growing demand of foam, coating and adhesive based application of the product in end use market. Germany is the leading country in Europe, accounted largest market share of 43.3% in 2016 and is growing at highest CAGR in the European region due to the high penetration of automotive, resin and coating industries. Europe is followed by North America, which is expected to grow at CAGR of 11.18% during the forecast period, U.S. is leading market in North America region. The perturbing factors that drive the North America markets are the governments initiative for biodegradable plastics and rising environmental regulations in lowering carbon emissions and greenhouse gases.
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The report covers brief analysis of geographical region includes
North America
o US
o Canada
Europe
o Germany
o France
o Spain
o Italy
o U.K.
o Rest of Europe
APAC
o China
o India
o Japan
o Rest of Asia-Pacific
Middle East & Africa
Latin America
Buy Report: https://www.prominentmarketresearch.com/checkout/229
Intended Audience
Manufacturers and distributors of polycaprolactone polyol.
Manufacturers and distributors of polyurethane.
Manufacturers and distributors of coating, adhesives, elastomers and foam.
Suppliers and traders of polycaprolactone polyol.
Government, associations and industrial bodies.
Investors and Trade experts.
Consulting in chemical experts.
Contact Us:
Tel- +1-815-957-4373
Email- sales@prominentmarketresearch.com
Market Synopsis of Global Polycaprolactone Polyol Market:
Polycaprolactone Polyol is a special high performance class of polyester polyol. Polycaprolactone polyols are formed by ring opening of hetrocyclic ring by glycol, the reaction results into narrow molecular weight distribution. The lack of high molecular weight tail makes low viscosity in polyester polyols, this leads to usage of polycaprolactone polyol in a variety of end-uses such as resin, footwear, automotive, pharmaceutical among others. The global polycaprolactone polyol market is expected to register a healthy growth and is projected to reach USD 791.4 million by 2023 due to its wide range of application in foam, adhesive, coating and elastomer. Foam which exists in rigid and flexible form accounted largest market share of 32% in 2016 and expected to grow at highest CAGR during the forecast period due to its properties such as hardness, high tensile strength and compression strength, strong impact and abrasion resistance. Coating accounted second largest market share due to the low viscosity of the polycaprolactone polyol. The coating is followed by adhesive, elastomer and other applications. In addition to this, the global polycaprolactone polyol market is segmented on the basis of end users as resins, footwear, automotive, pharmaceutical, printing, commodity and others. Resin accounted largest value market share and expected to grow at CAGR of 11.43% during the forecast period due to rising demand of bio-degradable plastics across the world and excellent dynamic properties, high resiliency, flexible at low temperature, improved hydraulic stability of polycaprolactone polyol. Resin segment followed by footwear industry, accounted second largest market share due to increased demand for comfortable footwear and increasing sports activity generally for health and fitness has significantly increased the focus on sportswear. Footwear segment is followed by automotive, pharmaceutical, printing, commodity and other segment.
Get Free Sample Report: https://www.prominentmarketresearch.com/sample-report/229
Regional Analysis
Regionally, the global polycaprolactone polyol Market is segmented into Asia Pacific, Europe, North America, Middle East, and Latin America. Asia Pacific is the leading region in the market that accounted largest market share of 30.10% and expected to grow at highest CAGR during forecast period from 2017 to 2023. China accounted largest market share by country in Asia pacific region. The polycaprolactone polyol market in China is expected to reach USD 156.8 million by 2023, growing at CAGR of 11.97% during forecast period.
Europe accounted second largest market share regionally, and expected to grow at CAGR of 11.48%. The factors that fuelled the demand for polycaprolactone polyol in Europe are increasing demand of biodegradable plastics from consumers and growing demand of foam, coating and adhesive based application of the product in end use market. Germany is the leading country in Europe, accounted largest market share of 43.3% in 2016 and is growing at highest CAGR in the European region due to the high penetration of automotive, resin and coating industries. Europe is followed by North America, which is expected to grow at CAGR of 11.18% during the forecast period, U.S. is leading market in North America region. The perturbing factors that drive the North America markets are the governments initiative for biodegradable plastics and rising environmental regulations in lowering carbon emissions and greenhouse gases.
Ask For Report Discount: https://www.prominentmarketresearch.com/discount-report/229
The report covers brief analysis of geographical region includes
North America
o US
o Canada
Europe
o Germany
o France
o Spain
o Italy
o U.K.
o Rest of Europe
APAC
o China
o India
o Japan
o Rest of Asia-Pacific
Middle East & Africa
Latin America
Buy Report: https://www.prominentmarketresearch.com/checkout/229
Intended Audience
Manufacturers and distributors of polycaprolactone polyol.
Manufacturers and distributors of polyurethane.
Manufacturers and distributors of coating, adhesives, elastomers and foam.
Suppliers and traders of polycaprolactone polyol.
Government, associations and industrial bodies.
Investors and Trade experts.
Consulting in chemical experts.
Contact Us:
Tel- +1-815-957-4373
Email- sales@prominentmarketresearch.com
Contact Information:
Prominent Market Research
Robin
Tel: +1-815-957-4373
Email us
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Prominent Market Research
Robin
Tel: +1-815-957-4373
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results