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Global Polycarbonate Industry - Emerging Applications Strengthening Demand
GlobalData, July 2011, Pages: 5
Global Polycarbonate Industry - Emerging Applications Strengthening Demand
Summary
Polycarbonate is a major thermoplastic used in a variety of industrial applications such as electronics, automotives and optical media devices. It is a highly durable material and possesses high impact strength which can be maintained over a wide range of temperature. Its excellent transparency and heat resistance make it a popular choice over other plastics. Polycarbonate demand is primarily driven by China, the world’s largest electronics and automotive market, and continuous growth in the country’s electronic sector has therefore boosted global demand for polycarbonate. In addition, the automotive production in China has rapidly increased in last five years, making it the world’s largest automotive market.
A reduction in the use of optical media for information storage has affected the polycarbonate industry; however a simultaneous increase in demand from medical devices and other major end use sectors has compensated for the decline. Automotive glazing is one area which offers huge growth potential for the polycarbonate industry.
Scope
- Analyses the demand and production scenario of Polycarbonate industry
- Analyses the end use segments driving Polycarbonate demand
Reasons to buy
- Understand the drivers for Polycarbonate market
- Formulate strategies based on the current trends in the industry
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