Polycarbonate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Polycarbonate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • February 2021 •
  • 140 pages •
  • Report ID: 6024137 •
  • Format: PDF
The global polycarbonate market grew at a CAGR of 6% during 2015-2020.

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. Looking forward, the analyst expects the global polycarbonate market to exhibit moderate growth during the next five years.

Breakup by Product Type:
Sheets and Films

Breakup by Application:
Electrical and Electronics
Construction, Sports and Recreational
Optical Media
Appliances and Housewares
Medical and Ophthalmic

Imports and Exports:
Import Trends
Import Breakup by Country
Export Trends
Export Breakup by Country

Breakup by Region:
North America
United States
Asia Pacific
South Korea
United Kingdom
Latin America
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, Trinseo, etc.

Key Questions Answered in This Report:
How has the global polycarbonate market performed so far and how will it perform in the coming years?
What are the key regional markets?
What has been the impact of COVID-19 on the global polycarbonate market?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the application?
What are the import and export trends in the industry?
Who are the key importing and exporting countries in the industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the market?
What is the structure of the global polycarbonate market and who are the key players?
What is the degree of competition in the market?