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Polycarbonate is a thermoplastic material that is commonly used polymer due to its greater mechanical, chemical, and physical properties. Growing demand from the electronics & electrical industry due to its electric and heat insulation coupled with flame retardant properties drives the market for Polycarbonate. Replacement of bisphenol A with glucose derivatives in the production of polycarbonate is also expected to drive the market.
In terms of production and consumption of polycarbonate, the Asia-Pacific region was found to be dominating the market globally owing to the huge presence of end-user industries in the region.
The global market for polycarbonate is highly consolidated with the top 5 manufacturers accounting for about 75% of the market share. In 2019, the major players in the market were Covestro AG, SABIC, Mitsubishi Chemical Corporation, Lotte Chemical Corporation, and Teijin Limited among others.
In April 2020, SABIC provided produced plastic products to be used in the manufacture and donation of vital medical equipment in the Americas region. This included the production of face shields using SABIC’s LEXAN polycarbonate sheets.
In January 2020, Covestro closed the sale of European polycarbonates sheets business to Serafin. This includes key management and sales functions throughout Europe along with production sites in Belgium and Italy. In 2018, this segment generated about EUR 130 million in sales.
GlobalPolycarbonate Marketreport provides deep insight into the current and future state of the Polycarbonate market across various regions.The study comprehensively analyzes thePolycarbonate market by segmenting based on geography, by type (Sheets & Films, Fiber, Blends & Others), By End-user (Electrical & Electronics, Construction, Automotive, Medical, and Others). The report examines the market drivers and restraints along with the impact of Covid-19 on the market growth in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of major companies including their market shares and projects.
In terms of production and consumption of polycarbonate, the Asia-Pacific region was found to be dominating the market globally owing to the huge presence of end-user industries in the region.
The global market for polycarbonate is highly consolidated with the top 5 manufacturers accounting for about 75% of the market share. In 2019, the major players in the market were Covestro AG, SABIC, Mitsubishi Chemical Corporation, Lotte Chemical Corporation, and Teijin Limited among others.
In April 2020, SABIC provided produced plastic products to be used in the manufacture and donation of vital medical equipment in the Americas region. This included the production of face shields using SABIC’s LEXAN polycarbonate sheets.
In January 2020, Covestro closed the sale of European polycarbonates sheets business to Serafin. This includes key management and sales functions throughout Europe along with production sites in Belgium and Italy. In 2018, this segment generated about EUR 130 million in sales.
GlobalPolycarbonate Marketreport provides deep insight into the current and future state of the Polycarbonate market across various regions.The study comprehensively analyzes thePolycarbonate market by segmenting based on geography, by type (Sheets & Films, Fiber, Blends & Others), By End-user (Electrical & Electronics, Construction, Automotive, Medical, and Others). The report examines the market drivers and restraints along with the impact of Covid-19 on the market growth in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of major companies including their market shares and projects.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
