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Polycaprolactone Market to Garner $1.27 Bn, Globally, by 2026 at 11.6% CAGR, Says Allied Market Research

- Favorable use of polycaprolactone in the formulation of thermoplastic polyurethane and increasing adoption in the healthcare industry have boosted the growth of the global polycaprolactone marketPORTLAND, Oregon, April 6, 2020 /PRNewswire/ -- Allied Market Research recently published a report, titled, "Polycaprolactone Market by Form (Pellet, Microsphere, and Nanosphere), Manufacturing Method (Ring Opening Polymerization and Polycondesation of Carboxylic Acid), and Application (Coating & Thermoplastic Polyurethane, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2019a??2026". According to the report, the global polycaprolactone industry was pegged at $530.7 million in 2018, and is anticipated to garner $1.27 billion by 2026, growing at a CAGR of 11.6% from 2019 to 2026. Chief motivators of the market growthFavorable use of polycaprolactone in the formulation of thermoplastic polyurethane and increase in adoption in the healthcare industry have boosted the growth of the global polycaprolactone market. However, surge in adoption of polyol family chemicals hampers the market growth. On the contrary, rise in use in osteobotics is expected to create lucrative opportunities in the near future. Request Sample Report at:https://www.alliedmarketresearch.com/request-sample/6461
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