Rapid Expansion of the Automobile Industry to Drive the Polycarbonate Market

Tue, 05 May 2020 5:40

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.

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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Polycarbonate Market?

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Key Players

  • SABIC
  • Bayer AG
  • Covestro AG
  • Teijin Limited
  • Chi Mei Corp.
  • Idemitsu Kosan
  • Mitsubishi Engineering Plastics Corp.
  • Trinseo S.A.
  • LG Chemicals
  • RTP Company
  • Lotte Chemical Corporation

Polycarbonate Market Segmentation

By Type

  • Sheets & Films
  • Fibres
  • Blends

By End-User

  • Automotive
  • Electrical & electronics
  • Construction
  • Packaging
  • Medical devices

By Region

North America

  • The U.S.
  • Canada
  • Mexico

Europe

  • Germany
  • France
  • Italy
  • The U.K.
  • Spain
  • Russia
  • Poland
  • The Rest of Europe

Asia-Pacific

  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Vietnam
  • Indonesia
  • Malaysia
  • Singapore
  • The Rest of APAC

Central and South America and the Caribbean

  • Brazil
  • Argentina
  • Colombia
  • The Rest of Central and South America and the Caribbean

The Middle East and Africa

  • Saudi Arabia
  • The UAE
  • Iran
  • Kuwait
  • Tanzania
  • South Africa
  • The Rest of MEA

" Crucial Insights The Report Provides:"

* Known and Unknown Adjacencies Influencing the Growth of Market

* Explorable Revenue Sources

* Customer Behaviour Analysis

* Target Partners

* Customized Geographical Data Based on Customers as well as Competitors

* Analysis of Market Size and CAGR between the Forecast Periods

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