Global Polycarbonate Resin Market Size study, by Application (Electrical and electronics, Optical Media, Consumer, Automotive, Sheets and Others) and Regional Analysis, 2022-2029

Global Polycarbonate Resin Market Size study, by Application (Electrical and electronics, Optical Media, Consumer, Automotive, Sheets and Others) and Regional Analysis, 2022-2029

Global Polycarbonate Resin Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Polycarbonate resins are extensively used in numerous automotive applications as well as the manufacture of electrical and electronic equipment. It provides more design flexibility, lower costs, and improved aesthetics. It effectively possesses high impact resistance, high dimension stability, and good electrical characteristics. The increasing adoption of mobile phones and tablets, coupled with the rise in demand for Blu-ray discs are the factors driving the growth of the market across the world.

Further, the growing demand from the automotive industry is playing a vital role in the rising demand for polycarbonate resins across the global market. According to Statista, in 2020, the automotive manufacturing sector is expected to contribute a revenue of approximately USD 2.5 billion around the globe and is expected to reach nearly USD 2.8 billion in 2022. Thus, these aforementioned factors are expected to augment the growth of the Polycarbonate Resin Market. Whereas, residual Bisphenol-A in food packaging and medical applications are the factors hampering the growth of the market over the forecast years. However, high application in electronics, as well as surging demand for ID card applications are creating lucrative opportunities for the growth of the market over the upcoming years.

The key regions considered for the Global Polycarbonate Resin Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia Pacific is account for the largest share in the global due to the shift of various end-use industries of Polycarbonate (PC) from western regions as the availability of low-cost labor, easy availability of raw materials and lack of stringent government regulation. Whereas, North America is the fastest-growing region in the global Polycarbonate Resin Market due to the rapid growth in electronics and electrical appliances manufacturers in the region.

Major market players included in this report are:
Saudi Basic Industries Corporation
Bayer MaterialScience Ag
Teijin Ltd.
Mitsubishi Engineering-Plastics Corporation
Chi Mei Corporation
Formosa Chemicals & Fibre Corporation
LG Chem Ltd.
Samsung SDI Co., Ltd.
Samyang Corporation
Thai Polycarbonate Co. Ltd.

Recent Developments in the Market:
 In August 2021, Sabic introduced its certified and first-in-the-industry circular polycarbonate resins and blends. These materials originated from the upcycling of mixed post-consumer plastic. The innovation serves as the raw material for creating certified circular building blocks for premium plastics.

Global Polycarbonate Resin Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Application:

Electrical & Electronics
Optical media
Consumer
Automotive
Sheets
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World


Companies Mentioned

Saudi Basic Industries Corporation
Bayer MaterialScience Ag
Teijin Ltd.
Mitsubishi Engineering-Plastics Corporation
Chi Mei Corporation
Formosa Chemicals & Fibre Corporation
LG Chem Ltd.
Samsung SDI Co., Ltd.
Samyang Corporation
Thai Polycarbonate Co. Ltd.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.