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Polycarbonate Resin Market by Application  and by Region  - Trends & Forecast to 2020

Polycarbonate Resin Market: Forecast until 2020

  • July 2015
  • 144 pages
  • ID: 3091052
In this report:
RoW is projected to follow Asia-Pacific in terms of growth; the market size of PC resin in this regional segment is expected to register a CAGR of ##.##% between 2015 and 2020 to reach ##.## kilotons by 2020.
PC resin market size is expected to grow from $##.## billion in 2015, to reach $##.## billion by 2020, growing with a CAGR of ##.##% during the forecast period


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Polycarbonate is a long-chain linear polyester containing carbonate groups in their chemical structures. PC is best known for its impact resistance, but it also possesses properties, including high optical transparency, high temperature limits, high-dimensional stability, and good electrical behavior. PCs are used in a number of applications due to their wide range of properties. These applications include electrical & electronics components, compact discs, digital versatile discs, eyeglasses, safety goggles, greenhouse enclosures, automobile headlights, outdoor fixtures, glazing, medical devices, and many others. Actors in the PC market work closely with original equipment manufacturers and consumers to expand new and innovative products tailored to their requirements. This helps in the development of new applications for PC and in the development of the global PC market. This market is estimated to grow a value of more than $16.40B by 2020.

This industry report offers a comprehensive review of the PC market. It classifies the PC market established on application and area. On the basis of application type, electrical & electronics is intended to be the most important application in 2014, and is forecasted to grow with the increased consumption of PC due to their excellent electrical properties. The increased usage of PC in the automotive sector, especially the increased popularity of PC in the glazing application, is the top driver of the PC market. The rise in the sector is also influenced by the raised demand for Blu-Ray discs, which are made for PC. The quickest-increasing application of the PC market is the medical application. The important increase in this application is also attributed to the high heat resistance property of PC, which allows it to be sterilized using any of the sterilization methods. The high impact resistance and inherent toughness of PC also reduce the risk of device failure, which could be life-threatening in certain cases of negligence. Asia-Pac is forecasted to be the biggest consumer of PC in 2015, succeeded by the Western Europe.

The market size of each area [Asia Pacific (APAC), Western Europe, North America continent and Rest of the globe ] is projected for the year 2020 in the report. The report also segments these regions into territories, including the U.S., Canada (CA), Mexico (MX), the United Kingdom, Italy (IT), France (FR), Spain (ES), Germany (DE), China (CN), India (IN), Japan (JP), South Korea (KR), Taiwan, Brazil (BR), Russian Federation, and others, with a forecast of their market size together with their increase rates.

The key players in the PC market, including SABIC Innovative Plastics, Bayer MaterialScience AG, Teijin Ltd., Mitsubishi Engineering-Plastics Corporation, Chi Mei Corporation, and others, are profiled in the market research. The top players in this sector have adopted different strategies to enhance the market position and growth their market shares. Recent product launches and development are some of the main strategies approved by the key market players to accomplish increase in the PC market.

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