Caprolactone Market - Growth Drivers and Challenges
Growth Drivers
- Growing Medical Sector – One of caprolactone's most significant uses in the medical sector is the production of biodegradable sutures. Therefore, On account of the increasing healthcare awareness across the globe, the market is expected to expand more in the upcoming years. In the UK, healthcare spending increased by over 15% in 2020.
- Rising Demand for Biodegradable Polymers – Caprolactone is used as a raw material for the production of biodegradable polymers, as a result, is estimated to drive market growth. Between 2018 and 2023, the global demand for biodegradable plastics was anticipated to rise by over 8% annually.
- Increasing Construction Sector – On the account of rising urbanization and growing household income in emerging economies, the market is expected to expand more in the upcoming years. According to the most recent expenditure data, in India, construction spending was anticipated to rise by over 10% in 2022.
- Surging Demand for Electrical Appliances – It is expected that the rising population across the globe has led to an increase in the demand for electrical appliances. Further, polyurethane-based foams, which are utilized for thermal and acoustic insulation in a variety of electronic applications, are made from basic materials including caprolactone, which is anticipated to drive market growth. It was discovered that consumer electronics sales in India increased by more than 8% in 2022.
Challenges
- Toxic Nature of Caprolactone - The increasing concern amongst individuals for the high toxicity of caprolactone is one of the major factors predicted to slow down the market growth. For instance, caprolactone can cause skin irritation, and allergic reactions, if inhaled or ingested.
- Fluctuating Prices of Raw Materials such as Cyclohexanone and Hydrogen
- Availability of Alternative Materials
Caprolactone Market Size and Forecast:
|
Base Year |
2025 |
|
Forecast Year |
2026-2035 |
|
CAGR |
6.7% |
|
Base Year Market Size (2025) |
USD 329.55 million |
|
Forecast Year Market Size (2035) |
USD 630.33 million |
|
Regional Scope |
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Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of caprolactone is estimated at USD 349.42 million.
The global caprolactone market size was over USD 329.55 million in 2025 and is anticipated to witness a CAGR of around 6.7%, crossing USD 630.33 million revenue by 2035.
By 2035, the Asia Pacific region is anticipated to command a 36% share of the caprolactone market, supported by the expanding building and construction activities across developing economies in the region owing to rising infrastructure development.
Key players in the market include BASF SE, Daicel Corporation, Perstorp AB, Merck & Co., Inc., Leschaco Japan K.K., ITOCHU Chemical Frontier Corporation, Solvay S.A., Santa Cruz Biotechnology, Inc., Esun International Co., Ltd., Tokyo Chemical Industry.
