Title: Polycarbonate Market Trends till 2030
1Polycarbonate 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
2impact 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
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3- 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,
4- 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
5Attribute 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
6- 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
7- 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
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offers comprehensive market intelligence data
and in-depth analysis of the Indian chemical and
petrochemical industry. ChemAnalysts team of
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prices daily, production capacity, demand and
supply outlook, manufacturing plant locations,
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400 major chemicals produced in India.
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Defense, Water and Waste Management, BFSI and
more.
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