Automotive and Construction to Lead Global Market Demand for Polycarbonate to Reach 7M MTs by 2028

By: Industry Experts, Inc
LOS ANGELES - Feb. 16, 2023 - PRLog -- Industry Experts, Inc. unveiled the market research report " Polycarbonate (PC) – A Global Market Overview". As per this new report, the global market for PC resin will reach US$15 billion in 2023. Electrical & Electronics application is expected to account for a lion's share of about 29% in terms of volumes in metric tons in the same year.

Polycarbonate are used in a wide variety of applications including optical storage media, electronic equipment, automobiles, construction, greenhouses, exterior lighting fixtures, sports safety equipment, and medical devices. Polycarbonate products are often found in electronics which make use of their electrical insulating, heat-resistant and flame-retardant properties. Due to their impact resistant and smooth surfaces make them well suited for use in automotive headlamp lens covers.

Demand for Polycarbonate (PC) resins worldwide was declined by 2.4% year-over-year in 2020 due to reduction in demand from automotive & transportation applications amid the impact of coronavirus pandemic. Global demand for Polycarbonate (PC) resins recovered sharply in 2021 and continued the momentum, attributed to firm demand from appliances and electronics sectors and recovery in automobile production.

This report reviews, analyzes and projects the Polycarbonate (PC) market for global and the regional markets including the North America, Europe, Asia-Pacific, South America and Rest of World for the period 2019-2028 in terms of volume in metric tons and value in USD. These regional markets further analyzed for 18 independent countries across North America – The United States, Canada and Mexico; Europe – France, Germany, Italy, the Netherlands, Russia, Spain and the United Kingdom; Asia-Pacific – China, India, Japan, South Korea, Taiwan and Thailand; and South America – Argentina and Brazil.

The report analyzes the market for end-use applications of Polycarbonate (PC) including Automotive & Transportation, Electrical & Electronics, Building & Construction, Optical Media, Appliances and Others.

This 238 page global market research report on Polycarbonate (PC) includes 196 charts (includes a data table and graphical representation for each chart), supported with a meaningful and easy to understand graphical presentation, of the market. The statistical tables represent the data for the global market by geographic region and end-use application. This report profiles 21 key global players and also provides the listing of the companies engaged in the manufacturing and supply of Polycarbonate (PC) resins. The global list of companies covers addresses, contact numbers and the website addresses of 42 companies.

California, USA based Industry Experts, Inc. is a multi-industry focused market research provider.

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