Materials & Chemicals / Polycarbonate Resin Market- Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Teijin Ltd., A&C Plastics, Formosa Fiber & Chemical Corporation
Polycarbonate Resin Market- Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Teijin Ltd., A&C Plastics, Formosa Fiber & Chemical Corporation
Acknowledging the kind of traction gained by this market,Industry Data Analytics recently published a study report asserts the global Polycarbonate Resin Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 7.8% during the review period (2022 to 2027)
Polycarbonate Resin Market Overview
Polycarbonate resins are thermoplastic and are made from phosgene and bisphenol A. Polycarbonate resins have a variety of characteristics, including ductility, high strength, and amorphous nature. These resins are made by combining bisphenol A and phosgene in a condensation process. Roofing, electrical, films, medical, automotive, and electronics are just a few of the industries that have used these resins. Transparency, high-temperature resistance, and hardness are all qualities that polycarbonate resins possess, making them ideal for transparent applications where safety is paramount.
The growing use of polycarbonate variants in mobile phones and tablets will be an important factor in industry growth. The growing public awareness of carcinogenic residues, as well as the difficulty of obtaining permits and incurring large upfront costs, may stymie the industry's growth. The increasing use of polycarbonate resins over traditional fibres and glass in automotive, medical equipment, electronics, and roofing, on the other hand, will add to the product demand surge.
The growing preference for polycarbonate resins over traditional glass fibers has been a major driving force in the polycarbonate resins industry. Greater research and development is driving the demand for polycarbonate resins, resulting in a broader application scope for these resins. Rising demand for polycarbonate resins in many specialty categories, such as medical equipment and blue-ray discs, is expected to provide the market with significant potential in the coming years.
Who are the Major Players in Polycarbonate Resin Market?
The global Polycarbonate Resin includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Teijin Ltd., A&C Plastics, Formosa Fiber & Chemical Corporation, Idemitsu Kosan Ltd., SABIC IP, Bayer Material Science AG, DS ENPLA CO., LTD., Mitsubishi Engineering Plastic, And Others.
Industry News and Updates:
Teijin and Applied EV Develop Polycarbonate Solar Roof for Future Mobility
March 2, 2021 -- Teijin Limited announced today that the company and its joint development partner Applied Electric Vehicles (Applied EV) have developed a polycarbonate solar roof for future mobility applications. The green solution marks another major step toward the companies’ shared vision of zero-emission mobility.
What are the major Applications, Types and Regions for Polycarbonate Resin Market?
The market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
Low
Medium
High
By Application, it is segmented into
Electrical & Electronics
Optical Media
Consumer
Automotive
Packaging
Medical
Others
Polycarbonate Resin Market Regional Analysis
The Asia Pacific region has led the global polycarbonate market, and this is expected to continue throughout the forecast period. China and India's expanding economies have a significant need for polycarbonate resins to support escalating urbanization, accounting for the majority of the Asia Pacific polycarbonate resins market.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
What is our Polycarbonate Resin Market report scope?
Yes, the report can be customized as per your needs
Key Takeaways from this Polycarbonate Resin Report
Evaluate Polycarbonate Resin market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Polycarbonate Resin market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
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Who are the key players in Polycarbonate Resin Market?
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SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
