The global polycarbonate market size reached USD 21.50 Billion in 2021 and is expected to register a revenue CAGR of 5.6% during the forecast period, according to latest analysis by Emergen Research. Polycarbonate market revenue growth is driven by factors such as rising demand for spike temperature resistance, flexibility toughness in thin sections, growing demand from electric vehicles and the medical industry, and the development of bio-based polymers. Polycarbonates (PC) are a class of thermoplastic polymers with chemical structures that contain carbonate groups. Polycarbonates are strong, durable materials that are optically transparent in some grades. They are simple to work with, mold, and thermoform.
The latest market intelligence report underscores the impact of the COVID-19 pandemic on the global Polycarbonate market, offering deep insights into the pandemic’s adverse effects on the global economy and, consequently, this particular business sector. The report carefully gauges the key market-influencing factors and considers the COVID-19 pandemic as one of the contributing elements for this industry’s potential downturn. Following the pandemic, drastic changes have been observed in the market dynamics and demand trends, which have caused financial difficulties for the businesses operating in this sector. Additionally, the report assesses the COVID-19 impact on the overall growth of the Polycarbonate market, besides preparing a future impact assessment to help readers make informed business decisions.
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Key Players operating in the industry are:
Covestro AG, SABIC, Lotte Chemical Corporation, Tejin Limited, Mitsubishi Engineering Plastics Corporation, Trinseo, Lone Star Chemical, CHIMEI, Entec Polymers, RTP Company, LG Chem
Radical Features of the Polycarbonate Market Report:
- The report encompasses Polycarbonate market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
- An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
- Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
- Supply chain analysis along with technological advancements offered in the report
- The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Polycarbonate industry
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Segmentation:
Type Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019–2030)
- Plates
- Sheets
- Films
- Foil
- Strip
- Others
Grades Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019–2030)
- Injection Molding
- Extrusion
- Others
Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019–2030)
- Electronics Electrical
- Automotive
- Packaging
- Consumer Goods
- Medical Devices
- Construction
- Optical Media
Regional Analysis Covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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