FEATURED COMPANIES
- Chi Mei Corporation
- Covestro AG
- Idemitsu Kosan Co. Ltd.
- LG Chem
- SABIC
- Teijin Limited
The global polycarbonate market reached a value of US$ 9.57 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 13.28 Billion by 2027, exhibiting at a CAGR of 6.02% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Polycarbonate refers to a group of thermoplastic polymers that are light weight, durable and amorphous in nature. It is synthesized by the polymerization or polycondensation of bisphenol A and phosgene and tends to gradually soften from solid to liquid when exposed to heat. It is a synthetic resin that is used in the manufacturing of safety glass, eye lenses and architectural glazing, semiconductor machinery components and transparent manifolds. It exhibits advantageous properties, such as optical transparency, oxidative and thermal stability and resistance to moisture, chemicals, heat and electricity. Owing to this, it finds extensive applications across various industries, including automotive, transportation, electrical, electronics, construction, packaging, consumer goods and medical.
Rapid industrialization across the globe, along with the growing demand for light weight and impact- and shatter-resistant products, is one of the key factors driving the growth of the market. Polycarbonate resins are mixed with other polymers, such as Polybutylene Terephthalate (PBT) and Acrylonitrile Butadiene Styrene (ABS) resins, to manufacture lighting systems, headlamp lenses and exterior and interior components. Furthermore, widespread adoption of hollow polycarbonates for manufacturing thermally insulated consumer electronic devices, such as smartphones, computers, chargers and battery boxes, is also providing a boost to the market growth. Additionally, various technological advancements, such as the development of augmented reality (AR) and virtual reality (VR)-based devices, sensors and drones, that are manufactured using polycarbonates, are acting as another growth-inducing factor. Other factors, widespread utilization of polycarbonate in the agriculture industry to manufacture ultraviolet (UV)-resistant roof panels and sheets in agricultural outbuildings, along with extensive research and development (R&D) activities to develop high-performance plastics, are projected to drive the market further.
The publisher provides an analysis of the key trends in each sub-segment of the global polycarbonate market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type and application.
The competitive landscape of the industry has also been examined with some of the key players being Chi Mei Corporation, Covestro AG, Formosa Chemicals & Fibre Corporation, Idemitsu Kosan Co. Ltd., LG Chem, Lotte Chemical Corporation, Mitsubishi Engineering Plastics Corp., SABIC, Teijin Limited and Trinseo, etc.
1. What is the expected growth rate of the global polycarbonate market?
2. What has been the impact of COVID-19 on the global polycarbonate market?
3. What are the key factors driving the global polycarbonate market?
4. What is the breakup of the global polycarbonate market based on the application?
5. What are the key regions in the global polycarbonate market?
6. Who are the key players/companies in the global polycarbonate market?
Polycarbonate refers to a group of thermoplastic polymers that are light weight, durable and amorphous in nature. It is synthesized by the polymerization or polycondensation of bisphenol A and phosgene and tends to gradually soften from solid to liquid when exposed to heat. It is a synthetic resin that is used in the manufacturing of safety glass, eye lenses and architectural glazing, semiconductor machinery components and transparent manifolds. It exhibits advantageous properties, such as optical transparency, oxidative and thermal stability and resistance to moisture, chemicals, heat and electricity. Owing to this, it finds extensive applications across various industries, including automotive, transportation, electrical, electronics, construction, packaging, consumer goods and medical.
Rapid industrialization across the globe, along with the growing demand for light weight and impact- and shatter-resistant products, is one of the key factors driving the growth of the market. Polycarbonate resins are mixed with other polymers, such as Polybutylene Terephthalate (PBT) and Acrylonitrile Butadiene Styrene (ABS) resins, to manufacture lighting systems, headlamp lenses and exterior and interior components. Furthermore, widespread adoption of hollow polycarbonates for manufacturing thermally insulated consumer electronic devices, such as smartphones, computers, chargers and battery boxes, is also providing a boost to the market growth. Additionally, various technological advancements, such as the development of augmented reality (AR) and virtual reality (VR)-based devices, sensors and drones, that are manufactured using polycarbonates, are acting as another growth-inducing factor. Other factors, widespread utilization of polycarbonate in the agriculture industry to manufacture ultraviolet (UV)-resistant roof panels and sheets in agricultural outbuildings, along with extensive research and development (R&D) activities to develop high-performance plastics, are projected to drive the market further.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global polycarbonate market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type and application.
Breakup by Product Type:
- Sheets and Films
- Fibers
- Blends
- Tubes
- Others
Breakup by Application:
- Automotive
- Electrical and Electronics
- Construction, Sports and Recreational
- Optical Media
- Appliances and Housewares
- Packaging
- Medical and Ophthalmic
- Others
Imports and Exports:
- Import Trends
- Import Breakup by Country
- Export Trends
- Export Breakup by Country
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Chi Mei Corporation, Covestro AG, Formosa Chemicals & Fibre Corporation, Idemitsu Kosan Co. Ltd., LG Chem, Lotte Chemical Corporation, Mitsubishi Engineering Plastics Corp., SABIC, Teijin Limited and Trinseo, etc.
Key Questions Answered in This Report
1. What is the expected growth rate of the global polycarbonate market?
2. What has been the impact of COVID-19 on the global polycarbonate market?
3. What are the key factors driving the global polycarbonate market?
4. What is the breakup of the global polycarbonate market based on the application?
5. What are the key regions in the global polycarbonate market?
6. Who are the key players/companies in the global polycarbonate market?
Frequently Asked Questions about the Global Polycarbonate Market
What is the estimated value of the Global Polycarbonate Market?
What is the growth rate of the Global Polycarbonate Market?
What is the forecasted size of the Global Polycarbonate Market?
Who are the key companies in the Global Polycarbonate Market?
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Chi Mei Corporation
- Covestro AG
- Idemitsu Kosan Co. Ltd.
- LG Chem
- SABIC
- Teijin Limited
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Indicators
2 Scope and Methodology
4 Introduction
5 Global Polycarbonate Market
6 Market Breakup by Product Type
7 Market Breakup by Application
8 Imports and Exports
9 Market Breakup by Region
10 SWOT Analysis
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Note: Product cover images may vary from those shown
- Chi Mei Corporation
- Covestro AG
- Formosa Chemicals & Fibre Corporation
- Idemitsu Kosan Co. Ltd.
- LG Chem
- Lotte Chemical Corporation
- Mitsubishi Engineering Plastics Corp.
- SABIC
- Teijin Limited
- Trinseo
Note: Product cover images may vary from those shown
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