Polycarbonate Market was valued at USD 13.45 Billion in 2022, and expected to reach USD 19.44 Billion by 2029, growing at a CAGR of 5.41 % during the forecast period (2023-2029)
Polycarbonate Market Scope:
The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
Polycarbonate Market Overview:
The primary goal of this research is to assist the user in understanding the Polycarbonate Market in terms of definition, segmentation, market potential, significant trends, and the problems that the Polycarbonate industry faces in key regions and nations. The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
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Polycarbonate Market Segmentation:
High-quality polycarbonate sheets and films are employed more frequently for cutting-edge applications. As they provide the ideal mix of lightweight, high-impact strength, light transmission, frame-resistance, UV protection, anti-drop qualities, and improved aesthetic appearance, they are currently replacing glass, toughened glass, and polyethylene membrane. During the forecast period, this is anticipated to boost demand for polycarbonate sheets and films and propel market expansion.
The major end-user market for polycarbonate films at the moment is the electrical and electronics sector. These films are used in a variety of products, including lights, printed circuit boards, battery packs, labels and overlays, LED/LCD displays, and others. However, the automotive industry is predicted to experience the most growth for the polycarbonate market's sheets and films. Polycarbonate sheets are also frequently used in greenhouse construction because of their resistance to heat, sunlight, snow, and rain, which allows them to last for many years without fading or changing color.
Polycarbonate Market Size and Forecast, by Product (2022-2029)
1. Sheets/Films
2. Fibers
3. Blends
4. Tubes and Other Product Types
Polycarbonate Market Size and Forecast, by Grade (2022-2029)
1. Injection Molding
2. Extrusion
3. Others
Polycarbonate Market Size and Forecast, by Application (2022-2029)
3. Automotive and Transportation
3. Electricals and Electronics
3. Construction Applications
4. Medical
5. Other Applications
Polycarbonate Market Size and Forecast, by Region (2022-2029)
1. North America
2. Europe
3. Asia Pacific
4. Middle East and Africa
5. South America
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Polycarbonate Market Key Players: The study discusses the key market players who are engaged in the industry, such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors, and so on. The key players in the Polycarbonate market are
1. Mitsubishi Engineering Plastics Corporation
2. SABIC
3. Covestro AG
4. Ningbo Zhetie Daphoon Chemical Co. Ltd
5. Chi Mei Corporation
6. LOTTE Chemical Corporation
7. EXOLON Group GmbH
8. Trinseo SA
9. Formosa Chemicals & Fibre Corp.
10. LG Chem
11. Teijin Limited
12. Samyang Corporation
13. Idemitsu Kosan Corporation Limited
14. Centroplast Engineering Plastics GmbH
15. Bayer Material Science AG
16. Royal DSM
17. Asahi Kasei Chemical Corporation
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Regional Analysis:
The report focuses on Global Regions and Market Size of Polycarbonate, and development forecast 2021-2027, including industries, major players, suppliers worldwide, and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications, which will provide its price and profit status, and marketing status, with 2020 as the base year.
COVID-19 Impact Analysis on Polycarbonate Market:
The report discusses the impact of COVID-19: Since the breakout of the COVID-19 virus in December 2019, the disease has spread to practically every country on the planet, prompting the WHO to declare it a public health crisis. The worldwide effects of the coronavirus epidemic are already being noticed, and they will have a considerable influence on the Polycarbonate industry in 2021.
Key Questions Answered in the Polycarbonate Market Report are:
- What is the function of Polycarbonate?
- What is the predicted revenue generation of the Polycarbonate market?
- At what growth rate is the Polycarbonate market evolving?
- Who are the major market giants operating in the Polycarbonate market?
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