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Automotive Industry Demand Responsible for Growth of Global Polycarbonate Market:TechNavio Report
• Decline of Optical Media is a Key Challenge affecting the Global Polycarbonate Market
Over the years, increased use of engineering resins in automobile manufacturing has led to a greater demand for polycarbonates. These materials can be easily molded and thermoformed, and as such are finding many applications in the industry.
Polycarbonates is being used in various automotive industry components, like instrument panels, center consoles, door panels, roof components, rear windshield glazing, wheel covers, door handles, interior trims, headlight lenses and housings, and bumpers.
Globally, the polycarbonate market is highly fragmented with the presence of several vendors. Two of the key vendors in this market—Bayer MaterialScience and Saudi Basic Industries— are leading chemical production companies with a vast geographical presence and strong holdings in the polycarbonate business. In addition, there are a large number of smaller vendors with regional dominance operating in this market.
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
If you are interested in more information on this topic and our upcoming research on theGlobal Polycarbonate Market 2014-2018 (http://www.technavio.com/
TechNavio is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.
TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of Global Polycarbonate Market. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.
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