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Request Now !Polycaprolactone polyol is a special class of polyester polyol having enhanced resilience, lower viscosity, hydrolytic stability, cut & tear resistance, high tensile strength, and solvent-& fuel-resistant properties. Polycaprolactone polyols have low viscosity and high molecular weight; thus, they majorly find their application across various industries such as pharmaceutical, automotive, footwear, and resin industries as elastomer, coating, adhesive, and foams. Foam which exists in flexible and rigid form is expected to witness significant adoption, due to its properties such as abrasion resistance, compression strength, high tensile strength, and hardness.
For preparation of polycaprolactone polyols, polymerization process is used. In this process, low molecular weight diol initiator reacts with a six-carbon cyclic-ester, i.e., lactone monomer, and caprolactone. Finished product of this reaction is polycaprolactone polyols. For this reaction, absence of an organic acid and lower reaction temperatures is required.
Upsurge in use of polycaprolactone-based resins in microelectronics, microfluidics, and electrical insulations is a key factor that boosts the growth of the global polycaprolactone polyols market. This is attributed to the biodegradable nature and superior thermal resistance of polycaprolactone-based products. Advantages of polyurethane elastomers over adipate-based polyester polyols include zero prepolymer viscosity creep on storage; low polydispersity & low viscosity; high tear strength; enhanced chemical resistance to oils, fuels, & solvents; enhanced abrasion resistance; superior UV stability, and high resistance to hydrolysis. These properties are the key factors that drive the demand for polycaprolactone polyol, thereby accelerating the growth of the global market. However, high raw material cost restrains the market. On the contrary, development of end-use industries such as footwear, pharmaceutical, and automotive is expected to offer lucrative opportunities for polycaprolactone polyol manufacturers.
Global polycaprolactone polyols market is segmented into physical form, application, end-use industry, and region. On the basis of physical form, the polycaprolactone polyols market is categorized into liquid and pastes or wax. The applications covered in the study include adhesives, foam, coating elastomer, and others. Foam finds its application in footwear and automotive industries due to its properties such as high cut & tear resistance; enhanced tensile strength; and resistance to abrasion, oil, solvent, & fuel. As per end-use industry, the market is segregated into automotive, printing, pharmaceutical, footwear, resin, and others.
Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific dominates the global polycaprolactone polyols market, owing to introduction of various polymers for sustainable lifestyle and development of end-use industries in this region
Key players operating in the global polycaprolactone polyols market are Huntsman International LLC, BASF SE, Bayer AG, Daicel Corporation, Chemtura Corp., Shell Chemicals Ltd., Perstorp Holding AB, The Dow Chemical Company, SINOPEC Shanghai Gaoqiao Company, and Stepan Co.
Polycaprolactone Polyols Market Report Highlights
Aspects | Details |
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By PHYSICAL FORM |
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By APPLICATION |
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By END-USE INDUSTRY |
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By REGION |
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Key Market Players | Huntsman International LLC, BASF SE, Bayer AG, Daicel Corporation, Chemtura Corp., Shell Chemicals Ltd., Perstorp Holding AB, The Dow Chemical Company, SINOPEC Shanghai Gaoqiao Company, Stepan Co. |
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