North America Polycaprolactone Market Size, Share & Trends Analysis Report By Production Method, By Form (Pellets, Nanosphere, and Microsphere), By Application, By Country and Growth Forecast, 2023 - 2030

North America Polycaprolactone Market Size, Share & Trends Analysis Report By Production Method, By Form (Pellets, Nanosphere, and Microsphere), By Application, By Country and Growth Forecast, 2023 - 2030


The North America Polycaprolactone Market would witness market growth of 11.4% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 137.5 Hundred Tonnes, showcasing a growth of 10.6% (2019-2022).

PCL is a versatile polymer that can be tailored to meet specific application requirements through modifications in molecular weight, copolymerization, blending with other polymers, and surface functionalization. This versatility allows PCL to be used in various industries, including biomedical, packaging, textiles, coatings, automotive, and electronics. The adoption of PCL across diverse industries has been driven by its ability to address various engineering, biomedical, and environmental challenges.

Despite being biodegradable, PCL offers good mechanical properties, durability, and flexibility. This combination of properties makes PCL suitable for applications requiring strength, resilience, and impact resistance. PCL’s resistance to abrasive conditions and mechanical stress has fueled its use in industrial applications, construction materials, and automotive components.

As the cosmetics industry in Mexico expands, there is a higher demand for innovative formulations and ingredients that offer unique properties and benefits. According to ITA, Mexico’s cosmetics and personal care products sector is estimated to be worth USD 7.24 million in 2022. Also, exports of cosmetics and personal care products from Mexico in 2022 amounted to USD 2.2 billion. The demand for sustainable ingredients, innovative formulations, eco-friendly packaging, and regulatory compliance may drive the adoption of PCL-based products in Mexico’s cosmetics sector. In conclusion, the region’s growing cosmetics and personal care industry propels growth.

The US market dominated the North America Polycaprolactone Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $291 Million by 2030. The Canada market is experiencing a CAGR of 14% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 13% during (2023 - 2030).

Based on Production Method, the market is segmented into Ring Opening Polymerization, and Polycondesation of Carboxylic Acid. Based on Form, the market is segmented into Pellets, Nanosphere, and Microsphere. Based on Application, the market is segmented into Coating & Thermoplastic Polyurethane (TPU), Healthcare, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • Corbion N.V.
  • Otto Chemie Pvt. Ltd.
  • BASF SE
  • Perstorp Holding AB (PETRONAS Chemicals Group Berhad)
  • Daicel Corporation
  • Haihang Industry Co.,Ltd. (Haihang Group)
  • Merck KGaA
  • Polysciences, Inc.
  • Shenzhen Esun Industrial Co., Ltd.
  • Shenzhen Polymtek Biomaterial Co., Ltd.
North America Polycaprolactone Market Report Segmentation

By Production Method (Volume, Thousand Tonnes, USD Billion, 2019-2030)
  • Ring Opening Polymerization
  • Polycondesation of Carboxylic Acid
By Form (Volume, Thousand Tonnes, USD Billion, 2019-2030)
  • Pellets
  • Nanosphere
  • Microsphere
By Application (Volume, Thousand Tonnes, USD Billion, 2019-2030)
  • Coating & Thermoplastic Polyurethane (TPU)
  • Healthcare
  • Others
By Country (Volume, Thousand Tonnes, USD Billion, 2019-2030)
  • US
  • Canada
  • Mexico
  • Rest of North America


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Polycaprolactone Market, by Production Method
1.4.2 North America Polycaprolactone Market, by Form
1.4.3 North America Polycaprolactone Market, by Application
1.4.4 North America Polycaprolactone Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. North America Polycaprolactone Market by Production Method
4.1 North America Ring Opening Polymerization Market by Country
4.2 North America Polycondesation of Carboxylic Acid Market by Country
Chapter 5. North America Polycaprolactone Market by Form
5.1 North America Pellets Market by Country
5.2 North America Nanosphere Market by Country
5.3 North America Microsphere Market by Country
Chapter 6. North America Polycaprolactone Market by Application
6.1 North America Coating & Thermoplastic Polyurethane (TPU) Market by Country
6.2 North America Healthcare Market by Country
6.3 North America Others Market by Country
Chapter 7. North America Polycaprolactone Market by Country
7.1 US Polycaprolactone Market
7.1.1 US Polycaprolactone Market by Production Method
7.1.2 US Polycaprolactone Market by Form
7.1.3 US Polycaprolactone Market by Application
7.2 Canada Polycaprolactone Market
7.2.1 Canada Polycaprolactone Market by Production Method
7.2.2 Canada Polycaprolactone Market by Form
7.2.3 Canada Polycaprolactone Market by Application
7.3 Mexico Polycaprolactone Market
7.3.1 Mexico Polycaprolactone Market by Production Method
7.3.2 Mexico Polycaprolactone Market by Form
7.3.3 Mexico Polycaprolactone Market by Application
7.4 Rest of North America Polycaprolactone Market
7.4.1 Rest of North America Polycaprolactone Market by Production Method
7.4.2 Rest of North America Polycaprolactone Market by Form
7.4.3 Rest of North America Polycaprolactone Market by Application
Chapter 8. Company Profiles
8.1 Corbion N.V.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 SWOT Analysis
8.2 Otto Chemie Pvt. Ltd.
8.2.1 Company Overview
8.2.2 SWOT Analysis
8.3 BASF SE
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.5.2 Geographical Expansions:
8.3.6 SWOT Analysis
8.4 Perstorp Holding AB (PETRONAS Chemicals Group Berhad)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Recent strategies and developments:
8.4.4.1 Product Launches and Product Expansions:
8.4.5 SWOT Analysis
8.5 Daicel Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 SWOT Analysis
8.6 Haihang Industry Co., Ltd. (Haihang Group)
8.6.1 Company Overview
8.7 Merck KGaA
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 SWOT Analysis
8.8 Polysciences, Inc.
8.8.1 Company Overview
8.9 Shenzhen Esun Industrial Co., Ltd.
8.9.1 Company Overview
8.10. Shenzhen Polymtek Biomaterial Co., Ltd.
8.10.1 Company Overview

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