Global Polycarbonate Market to Witness High Demand Due to Rising Demand from Construction Industry

Polycarbonate Market is forecasted to grow at 5.90% for 2020 to 2027 to an estimated value of USD 30.21 billion by 2027 with factors such as fluctuation in the cost of the raw material and strict rules & norms associated with the production of polycarbonate hampering the market growth.

Polycarbonate market has shown a significant adoption rate and preferences from the Asia- Pacific region. Increasing construction activities and growth in the electronics & electrical industry will accelerate the market demand in the region.

Polycarbonate Market Scenario

According to Data Bridge Market Research the polycarbonate market in developing regions is witnessing a growth in terms of its adoption rate, due to rising demand from construction industry, increasing awareness about the advantages of polycarbonate as compared to the traditional plastics, growing demand for light weight vehicles in automotive industry and growing concern associated with the fuel efficiency in automotive industry.  

Now the question is which are the regions that polycarbonate market players should target? Data Bridge Market Research has forecasted market leaders to target Asia- Pacific developing regions to help them in attaining better volume of revenue generation.

Polycarbonate market is becoming more competitive every year with electrical & electronics currently being the largest market end- user industry for the forecast period of 2020 to 2027. Data Bridge Market Research’s new report highlights the major growth factors and opportunities in the polycarbonate market.

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Polycarbonate Market Development

Serafin Group announced that they will be acquiring the European polycarbonate sheet business from Covestro in September 2019. This acquisition includes plants in Belgium and Italy and will help the company to strengthen them in the polycarbonate market and offer better services to the customers worldwide.

Scope of the Polycarbonate Market

Polycarbonate market is segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa.

  • All country based analysis of the polycarbonate market is further analyzed based on maximum granularity into further segmentation. Based on end- user industry, the polycarbonate market is segmented into automotive & transportation, electrical & electronics, construction, sports & leisure, home appliances, medical, packaging, optical media, and others. On the basis of product type, the polycarbonate market is segmented into sheets & films, fibers, blends, tubes, and others. The processing technology segment of the polycarbonate market is divided into extrusion and molding.
  • Polycarbonate is a high performance, and tough polyester which is produced by combing the phenyl group, methyl group and carbonate group. They are widely used in the production of outdoor glazing, electrical & electronics, interior cladding, packaging, eyeglass lenses and others. They usually have better transmission as compared to the glass and offer good heat resistance, are durable, have high refractive index, and are lighter. Some of the common product types of the polycarbonates are fibers, blends, tubes, sheets & films, and others.

To know more about the study https://www.databridgemarketresearch.com/reports/global-polycarbonate-market

Key Pointers Covered in the Polycarbonate Market Industry Trends and Forecast to 2027

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the report

  • LG Chem.
  • RTP Company
  • Entec Polymers
  • Chi Mei Corporation
  • Lone Star Chemical
  • Idemitsu Kosan Co.,Ltd.
  • Trinseo.
  • Mitsubishi Engineering-Plastics Corporation
  • TEIJIN LIMITED
  • LOTTE Chemical CORPORATION.
  • SABIC
  • Covestro AG
  • Evonik Industries
  • Formosa Chemicals & Fibre Corp.
  • Asahi Kasei Advance Corporation
  • SAMYANG CORPORATION
  • Gallina India
  • MG Polyplast Industries Pvt. Ltd.

Above are the key players covered in the report, to know about more and exhaustive list of polycarbonate companies, contact us https://www.databridgemarketresearch.com/toc?dbmr=global-polycarbonate-market

Research Methodology: Global Polycarbonate Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global Vs Regional Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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