Polycarbonate Market

1
Polycarbonate Market Size, Share, Growth, Global
Leading Players, Industry Analysis, Future
Business Prospects by Forecast to 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. Polycarbonates (PC) are basically a
well-known group of thermoplastic polymers that
contains the carbonate groups in their chemical
structure. PC possesses high 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
2
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. Read Full Report H
ere https//www.chemanalyst.com/industry-
report/polycarbonate-market-101 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. 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
3

• 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.
• Request Sample https//www.chemanalyst.com/ChemAn
  alyst/RequestForm Major Players
• SABIC,
• Covestro AG,
• Mitsubishi Engineering-Plastics Corporation,
• LG Chem,
• Formosa Chemicals Fibre Corp.,
• Lotte Chemical Corporation,
• Teijin Limited,
• Chi Mei Corporation,
• Idemitsu Kosan Co. Ltd. (Japan)
• 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.

4

• 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
• By Type
• Sheets and Films
• Fibers
• Blends
• Others
• By End-Use
• Automotive
• Construction
• Electrical and Electronics
• Construction
• Medical
• Others

5
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.
Contact Us Nilesh Vishwakarma B-44 Sector-57
Noida, National Capital Region Tel
0120-4523948 Mob 91-8882336899 Email
sales_at_chemanalyst.com Website
https//www.chemanalyst.com/