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Polycarbonate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
Report Format: PDF+Excel | Report ID: SR112023A2287
Market Overview:
The global polycarbonate market reached a value of US$ 9,569 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 13,277 Million by 2027, exhibiting 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 is a polyester commonly used in plastic lenses of eyewear, medical devices, automotive components, protective gear, greenhouses, compact disc (CD), digital versatile disc (DVD), Blu-ray, and exterior lighting fixtures. It offers heat resistance and can be combined with flame retardant materials without significant material degradation. It also provides durability, thermal insulation, and light transmission properties. It is lightweight, easy to install, and available in multiple colors, sizes, and shapes, as compared to other polymers.
Polycarbonate is used to protect against the shattering and scratching of electronic products like computers, electrical chargers, fax machines, pagers, connectors, and battery boxes. This, in confluence with the increasing sales of electronics, represents one of the key factors bolstering the market growth. In addition, it is employed in construction materials as it offers protection from ultraviolet (UV) rays. This, in confluence with rising construction activities in industrial areas, is contributing to the market growth. Apart from this, it finds extensive application in automotive components, including lighting, headlamp lenses, interior cladding, dashboards, bumpers, and body panels. This, coupled with the rising need for passenger and driver safety equipment, is strengthening the market growth. Furthermore, polycarbonate is incorporated into medical devices to diagnose and treat various chronic ailments. This, along with the growing prevalence of chronic diseases and significant improvements in the healthcare infrastructure, is driving the market. Besides this, extensive research and development (R&D) activities to develop high-performance plastics and increasing utilization of polycarbonate in the packaging of baby bottles, furniture, water dispensers, garden equipment, and sporting products are creating a positive outlook for the market.
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global polycarbonate market report, along with forecasts for growth at the global and regional level from 2022-2027. Our report has categorized the market based on product type and application.
Breakup by Product Type:
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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- Sheets and Films
- Fibers
- Blends
- Tubes
- Others
Sheets and films dominate the market as they are durable, lightweight, transparent, and have excellent ink adhesion.
Breakup by Application:
- Automotive
- Electrical and Electronics
- Construction, Sports and Recreational
- Optical Media
- Appliances and Housewares
- Packaging
- Medical and Ophthalmic
- Others
Polycarbonate is widely employed in electrical and electronics as it is a good electrical insulator and offers heat-resistance and flame-retardant properties.
Imports and Exports:
- Import Trends
- Import Breakup by Country
- Export Trends
- Export Breakup by Country
Breakup by Region:
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- 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
The Asia Pacific holds the majority of the global polycarbonate market share due to rising industrialization in the region.
Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are CHIMEI Corporation, Covestro AG, Formosa Chemicals and Fibre Corporation, Idemitsu Kosan Co., Ltd., LG Chem, LOTTE Chemical Corporation, Mitsubishi Engineering Plastics Corporation, Saudi Basic Industries Corporation (SABIC), Teijin Limited, and Trinseo PLC.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2021 |
| Historical Period | 2016-2021 |
| Forecast Period | 2022-2027 |
| Units | US$ Billion |
| Segment Coverage | Product Type, Application, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | 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 |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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