Polycarbonate Polyester Blend Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F
Global Polycarbonate Polyester Blend Market was valued at USD 11781.41 million in 2022 and is anticipated to register a CAGR of 6.35% during the forecast period, owing to growing utilization of polycarbonate polyester blend in automotive industry for the manufacturing of sunroofs and windowpanes, among others.
Polycarbonates are a class of thermoplastic polymers with carbonate functional groups in their basic chemical structure. Polyester is a type of polymer that contains the ester group in every repeat unit of the main chain. Also, as a specific material, they are most referred to as a type called polyethylene terephthalate (PET). Polycarbonate and Polyester materials, when conjugated together, provide several properties to the manufactured goods, such as good heat absorption, moisture resistance, chemical resistance, and electrical resistance.
Growing Demand from Automotive Industry Driving Market Growth
Blends of polycarbonate have gained in commercial significance, recently. Due to its good compatibility with a variety of polymers, polycarbonate is utilized in blends. The necessity to make automobiles lighter-weight and the increased need for environmentally friendly external body construction, support the growth of the global polycarbonate polyester blend market throughout the forecast period. Vehicle's weight can influence fuel usage by up to 75%. Therefore, the automotive designers, who are constantly seeking methods to improve the cars, put a strong emphasis on decreasing car's weight, according to feasibility, due to which, they are increasingly substituting polycarbonate polyester blend for glass and metal. This plastic is crucial for improving fuel efficiency and lowering CO2 emissions because it is much lighter while being durable. The material also enables significant safety to the drivers and the passengesr in case of sudden combustion and gives them chance to escape.
Increase in Demand for Electrical Appliances is Driving Global Polycarbonate Polyester Blend Market
Polycarbonate polyester blends are useful in various electrical appliances. For instance, high-performance polycarbonate foams keep refrigerators cool, and are also used in panels and housings. The most recent color, material, and finish (CMF) trends are perfect for design-friendly polycarbonate blends. For white goods as well as smaller appliances, polycarbonates and blends offer lightweight mobility and flame-retardant safety without compromising on strength or attractiveness. Additionally, polycarbonate can be over-molded with thermoplastic polyurethane (TPU) to create pleasant surfaces. The fully developed PU systems provide all the essential raw materials for high-performance foams inside refrigerators. In addition to providing high thermal insulation, PU systems have advantages for manufacturing, including cheap production costs and surface adherence.
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