Polycarbonate Market is Projected to Reach at a CAGR of 6.40% by 2029, Key Drivers, Types, Segment, Size, Share, Growth, Challenges and Opportunity Analysis

Polycarbonate demand is expected to rise as the electronic industry expands. Other factors such as rising demand from the construction industry, rising awareness about the properties of polycarbonate such as lightweight, high durability, and others, increasing demand for lightweight vehicles in the automotive industry, and the development of bio-based polymers will boost market demand for polycarbonate.


PHOENIX, Nov. 07, 2022 (GLOBE NEWSWIRE) -- A recent study report released by Data Bridge Market research titled “Polycarbonate Market” guarantees you will remain better informed than your competition. This Polycarbonate market research report conducts a thorough and methodical market investigation, presenting data and statistics related to any topic in the Polycarbonate business. The Polycarbonate report's forecast, analysis, evaluations, and estimations are grounded in standard tools and methods including SWOT analysis and Porter's Five Forces analysis. Whether a company is huge or little, this market research report will be a valuable resource. The best and most advanced methods for gathering, documenting, estimating, and analyzing market data for the Polycarbonate sector have been incorporated into this report's design.

Data Bridge Market Research analyses that the polycarbonate market will witness a CAGR of 6.40% for the forecast period of 2022-2029. Data Bridge Market Research report on polycarbonate market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth. The growing demand for polycarbonate in the automotive industry is expected to open up new market opportunities.

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REPORT METRICS

Forecast Period - 2022 to 2029
Base Year – 2021
Historic Years - 2020 (Customizable to 2014 - 2019)

Market Synopsis:

PC, or polycarbonates, are made up of a group of thermoplastic polymers with carbonate groups in their basic chemical structure. It has a number of properties, including moisture resistance, good heat absorption, and chemical and electrical resistance. It also gives a substance oxidative and thermal stability. PC resins are formed during the polymerization process and then converted to pellets. Injection moulding and other extrusion techniques can be used to further process it. This material is commonly used in the manufacture of electronic devices, automotive products, and construction materials. Its manufacturing process is completely eco-friendly and recyclable.

Polycarbonate demand is expected to rise as the electronic industry expands. Other factors such as rising demand from the construction industry, rising awareness about the properties of polycarbonate such as lightweight, high durability, and others, increasing demand for lightweight vehicles in the automotive industry, and the development of bio-based polymers will boost market demand for polycarbonate.

The electrical industry's innovative products, such as switching relays and connectors, sensor parts and lights, LCD and LED sections, smartphones, and computers, are also propelling the polycarbonates market. Polycarbonates are also used in the production of wire insulation and coverings because they are good thermal insulators. The increased production and commercialization of bio-based polycarbonates has resulted in market growth. The construction industry is in high demand for polycarbonate sheets. These are also used in the manufacture of hardware and optical equipment. Because of its light weight, it is in high demand in the automotive industry.

However, fluctuations in the cost of raw materials, as well as strict regulations associated with the production of polycarbonates, are some of the factors that are expected to impede market growth during the forecast period.

Some of the major players operating in the Polycarbonate market are

  • LG Chem.,
  • RTP Company,
  • Entec Polymers,
  • Chi Mei Corporation,
  • Lone Star Chemical,
  • Idemitsu Kosan Co.,Ltd.,
  • Trinseo.,
  • Mitsubishi Engineering-Plastics Corporation,
  • TEIJIN LIMITED,
  • LOTTE Chemical CORPORATION.,
  • SABIC,
  • Covestro AG,
  • Evonik Industries,
  • Formosa Chemicals and Fibre Corp.,
  • Asahi Kasei Advance Corporation,
  • SAMYANG CORPORATION,
  • Gallina India,
  • MG Polyplast Industries

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The investment made in the study would provide you access to information such as:

  • Global Polycarbonate Market [Global – Broken-down into regions]
  • Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
  • Country wise Market Size Split [of important countries with major market share]
  • Market Share and Revenue/Sales by leading players
  • Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc.
  • Market Size
  • Market Size by application/industry verticals
  • Market Projections/Forecast

Segmentation Covered: Polycarbonate Market

By Product Type

  • Sheets and Films,
  • Fibers,
  • Blends,
  • Tubes

By End- User Industry

  • Automotive and Transportation,
  • Electrical and Electronics,
  • Construction,
  • Medical,
  • Packaging,
  • Optical Media,
  • Sports and Leisure,
  • Home Appliances

By Processing Technology

  • Extrusion,
  • Molding

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Polycarbonate Market Regional Analysis/Insights:

The countries covered in the polycarbonate market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

The Asia Pacific consumer electronics market is also currently expanding at a rapid pace, fueled by the same flood of industrialization that has aided the region's automotive industry. Polycarbonates have emerged as the ideal materials for cell phones due to their high effect resistance and light weight, propelling the global polycarbonate market. Aside from that, Europe is expected to maintain its second-place position in the coming years, owing to rising interest in lightweight vehicles and the advancement of the automotive industry.

Market intelligence platform will help you understand:

  • Identify emerging market trends & dynamics
  • Market intelligence with quality and accuracy
  • Benchmark against competitors & industry
  • Explore competitive strategy & market share
  • Discover regional market opportunities
  • Deliverable formats include PDF, PPT, Excel & Online Dashboard

Data Bridge Market Research employs comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecast possible. The company utilizes a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. In Addition, a recurring theme prevalent across all our research reports is data triangulation that looks market from three different perspectives. Critical elements of methodology employed for all our studies include:
Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, technology landscape, application development and pricing trends is fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression and time series analysis. Market forecasting is performed via a combination of economic tools, technological analysis, and industry experience and domain expertise.

Polycarbonate Key Benefits over Global Competitors:

  • The report provides a qualitative and quantitative analysis of the Polycarbonate market trends, forecasts, and market size to determine new opportunities.
  • Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
  • Top impacting factors & major investment pockets are highlighted in the research.
  • The major countries in each region are analyzed and their revenue contribution is mentioned.
  • The market player positioning segment provides an understanding of the current position of the market players active in the Polycarbonate Industry

Table of Contents:

  1. Introduction
  2. Market Segmentation
  3. Executive Summary
  4. Premium Insights
  5. Global Polycarbonate Market Regulations
  6. Market Overview
  7. Global Polycarbonate Market, By Product Type
  8. Global Polycarbonate Market, By End- User
  9. Global Polycarbonate Market, By Processing Technology
  10. Global Polycarbonate Market, By Region
  11. Global Polycarbonate Market: Company Landscape
  12. SWOT Analyses
  13. Company Profile
  14. Questionnaires

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