Polycarbonate Market Trends till 2030

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Polycarbonate Market Trends till 2030

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The global Polycarbonate market has shown considerable growth in historic period and is anticipated to achieve a healthy CAGR of 5.4% during the forecast period. – PowerPoint PPT presentation

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Title: Polycarbonate Market Trends till 2030


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Polycarbonate Market Size, Share Global
Industry Analysis Report, 2030
According to ChemAnalyst report, Global
Polycarbonate (PC) Market Plant Capacity,
Production, Operating Efficiency, Demand
Supply, End Use, Distribution Channel, Region,
Competition, Trade, Customer Price Intelligence
Market Analysis, 2015-2030, global
Polycarbonate market has shown considerable
growth in historic period and is anticipated to
achieve a healthy CAGR of 5.4 during the
forecast period. As the demand of Polycarbonate
is rapidly increasing in automotive and
electronics industry due to its outstanding
toughness, thermal resistivity, transparency and
flexible features, it is anticipated to boost the
Polycarbonate market in upcoming years.
Increasing population and urbanization is
propelling the demand of Polycarbonate for
building materials, automobiles, electronic
devices, and other consumer products. The
production of Polycarbonate is highly associated
with safety standards on environment as it is
highly sustainable and eco-friendly which
further enhances the compliance
standards. Read Full Report Here
https//www.chemanalyst.com/industry-
report/polycarbonate-market-101 Polycarbonates
(PC) are basically a well-known group of
thermoplastic polymers that contains the
carbonate groups in their chemical structure. PC
possesses high
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impact strength, dimensional stability and good
electrical properties. High strength of
polycarbonates makes it resistant to fractures
thus provides safety and reliability for various
applications especially in automotive sector.
Polycarbonate provides 100 protection from UV
by blocking harmful radiations. It also offers
brilliant optical and mechanical properties. PC
is manufactured by the condensation
polymerization of bisphenol A (C15H16O2) and
phosgene (COCl2). As it is a strong
thermoplastic material and have a high
temperature resistance, it makes an interesting
choice as a 3D printing filament. Majority of the
applications of Polycarbonates are recyclable
which makes it a better option for many
manufacturing industries. Several global
authorities including European Commission's
Scientific Committee on Food, US FDA, UK Food
Standards Agency have recognized PC safe for
food contact applications. Many companies have
started the production of Bio based PC which has
a similar molecular structure with increased
durability. Korea Research Institute of Chemical
Technology (KRICT) created a Bio-PC from glucose
which is likely to push the demand of
polycarbonates in the future. Being a key end
user of Polycarbonate, the automotive industry
uses lightweight exterior and interior parts
made from PC. Due to its vast properties,
polycarbonates enable automakers to sleek
introduce curves and desirable designs for
automobiles while reducing its components weigh
up to half a percentage. Polycarbonates and its
blends serve major exterior automotive
applications served including automotive
glazing, backlights, panoramic roof panels and
side windows. Incredibly surging consumer demand
for trendy automotive designs which is formulated
with component functionality besides maintaining
its luxurious appearance would accelerate the
demand for Polycarbonate during the forecast
period. Surging demand for technologically
advanced and innovative gadgets will further
support the growth of market in the upcoming
years. Request Sample https//www.chemanalyst.co
m/ChemAnalyst/RequestForm
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  • In 2020, due to the sudden outbreak of COVID-19
    has created a large shift in the consumption
    patterns of Polycarbonate worldwide. The demand
    of Polycarbonate especially from the automotive
    sector remained shut or operated at reduced rates
    due to limited supply and buying throughout the
    pandemic. Leading players of Polycarbonate
    recorded a huge decline in the first half of 2020
    due to lack of exports from many consumer
    countries. However, players took a sigh of relief
    as the demand of PC from the medical sector
    increased. Many Players reported skyrocketing
    demand for PC resins for the manufacturing of
    Covid-19 test kits and in the production of
    ventilators. In addition, the demand was further
    bolstered by rising demand for clear protective
    screens across many covid infected countries.
  • Region wise, Asia Pacific region holds the
    largest share of Polycarbonate market worldwide.
    Due to aggressively increasing electrical
    electronics industry propelled by the increased
    consumer spending on electronic goods. In Asia
    Pacific region, China holds the biggest market
    share accounting for more than 30 share of the
    PC market worldwide due to its increasingly
    expanding electronics sector.
  • Major Players
  • SABIC,
  • Covestro AG,
  • Mitsubishi Engineering-Plastics Corporation,
  • LG Chem,
  • Formosa Chemicals Fibre Corp.,
  • Lotte Chemical Corporation,
  • Teijin Limited,

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  • Others.
  • Being linked to the downstream applications in
    automotive, building materials, electrical
    devices and others, the global Polycarbonate
    Industry has shown considerable growth along
    with increasing macro-economic factors and
    shifting consumer preference. It is anticipated
    that India is going to become the world's fifth
    largest consumer market in the forecasted years.
    In addition, growing per capita income in many
    Countries poised a stronger outlook to the
    countrys overall Polycarbonate demand. Due to
    the global crises, government restrictions on
    travel ban affected the global supply chain
    logistics which caused the immediate shortage of
    key feedstock chemicals hence increased the
    prices of Polycarbonate Meanwhile, China serves
    as the key growth region as well with
    sufficiently installed capacities and developing
    technologies. With emerging competitors across
    the Asian Polycarbonate market, it is extremely
    important to keep a focus on which region will
    grab the biggest market share during the forecast
    period. said Mr. Karan Chechi, Research
    Director with TechSci Research, a research-based
    management consulting firm promoting ChemAnalyst
    worldwide.

Report Scope In this report, the Global
Polycarbonate market has been segmented into
following categories, in addition to the
industry trends which have also been detailed
below
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Attribute Details
Growth Rate CAGR of 5.4 from 2021 to 2030
Base year for estimation 2020
Historic Data 2015 2019
Forecast period 2022 2030
Quantitative units Revenue in USD million/billion and CAGR from 2021 to 2030
Report coverage Revenue forecast, demand supply, competitive analysis, competitive landscape, growth factors, and trends
Segments covered By Type (Sheets and Films, Fibers, Blends, and Others) By End-Use (Automotive, Construction, Electrical and Electronics, Construction, Medical and Others) By Distribution Channel (Direct/Institutional Sales, Retail Sales, Other Channel Sales)
Regional scope North America Europe Asia Pacific South America Middle East Africa
Country scope United States Mexico Canada China India Japan South Korea Taiwan Singapore Germany Belgium France United Kingdom Spain Italy Sweden Austria Saudi Arabia Iran South Africa Brazil Argentina
Key companies profiled Covestro AG, SABIC, Mitsubishi Engineering-Plastics Corporation, Lotte Chemical Corporation, LG Chem, Formosa Chemicals Fibre Corp., Teijin Limited, Chi Mei Corporation, Idemitsu Kosan Co. Ltd. (Japan) and others.
Customization scope Free report customization with purchase. Addition or alteration to country, regional segment scope.
Pricing and purchase options Avail customized purchase options to meet your exact research needs. Explore purchase options
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  • Table of Content
  • Product Technology Overview
  • Global Polycarbonate Outlook, 2015-2030
  • Capacity, By Volume
  • By Region
  • Production
  • By Region
  • Operating Efficiency
  • By Region
  • Global Polycarbonate Demand Outlook, 2015-2030,
    By Volume

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  • Operating Efficiency
  • By Country
  • Region 1 North America Polycarbonate Demand
    Outlook, 2015-2030, By Volume
  • By Type (Sheets and Films, Fibers, Blends,
    Others)
  • By End Use (Automotive, Construction, Electrical
    and Electronics, Construction, Medical, Others)
  • By Sales Channel (Direct/Institutional Sales,
    Retail Sales, Other Channel Sales)
  • By Country (United States, Mexico, Canada)
  • Read Full ToC Here https//www.chemanalyst.com/in
    dustry- report/polycarbonate-market-101
  • About Us
  • ChemAnalyst is a one stop digital platform that
    offers comprehensive market intelligence data
    and in-depth analysis of the Indian chemical and
    petrochemical industry. ChemAnalysts team of
    100 analysts are engaged in tracking chemical
    prices daily, production capacity, demand and
    supply outlook, manufacturing plant locations,
    foreign trade data and news/deals for more than
    400 major chemicals produced in India.
    ChemAnalyst is promoted by TechSci Research which
    is an award winning research based management
    consulting firm providing market research and
    advisory solutions to the customers worldwide,
    spanning a range of industries including
    Chemicals Material, Automotive, Consumer
    Retail, ICT, Energy Power, Aerospace
    Defense, Water and Waste Management, BFSI and
    more.

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