Caprolactone Market Size/Share Projected to Grow by USD 351.8 million by 2032, at 2.7% CAGR Increase
The biomedical sector is increasingly adopting Caprolactone-based polymers due to their biocompatibility and biodegradability. These materials are used in a range of medical devices, including controlled drug release systems, tissue engineering scaffolds, and absorbable sutures. The expansion of the medical sector, coupled with ongoing research into new medical applications, is expected to fuel the demand for Caprolactone.
New York, Feb. 01, 2024 (GLOBE NEWSWIRE) — According to Market.us, size is expected to be worth around USD 206.8 Million by 2033, from USD 98.5 Million in 2023, growing at a CAGR of 7.7% during the forecast period from 2023 to 2033.
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