23 Jul, 2026
Polycarbonate is formed with the reaction of bisphenol-A with carbonyl chloride in an interfacial process. Polycarbonate belongs to the polyester family of plastics and is one of the fastest-growing engineering plastics. The global demand for polycarbonate exceeded 1.5 million tons as it is extensively used in an array of packaging products and manufacturing industries.
According to Straits Research, the global polycarbonate market size was valued at $26.21 billion in 2025 and is projected to grow from $27.63 billion in 2026 to $42.08 billion by 2034, registering a CAGR of 5.4% during the forecast period (2026–2034).
High-performance plastics are largely used in the automobile industry for its durability, strength, resistance to chemical environment, and cost-effectiveness, among others. The prevailing economic and environmental concerns make fuel efficiency their topmost priority, making polycarbonate an ideal material of choice. As per the data provided by the European Commission, the automobile industry employs around 13.9 million Europeans and contributes about 7% to the total GDP. They are extensively used in making car wiper arm, headlamp retainer, gear housings, engine cover, and connector housings.
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