Polycarbonate Market to Reach $25 Billion by 2024 - Key Vendors are Covestro, Lotte Chem & Teijin Industries - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Polycarbonate Market - Forecast to 2024" report to their offering.

The global polycarbonate market is expected to reach USD 25.37 billion by 2024.

Regulatory policies are encouraging automotive OEMs to use plastics, as a means of reducing vehicular weight & improving fuel efficiency, to play a prominent role in driving growth. Polycarbonate is a completely recyclable polymer and is therefore favored as a substitute to PVC particularly in medical devices. In comparison, PC resins offer greater tensile strength & flexural modulus meaning they can be easily processed and even blended with other resins such as styrenic copolymers and PBT.

In the recent past, regulations aimed at reducing plastics wastage has encouraged the role of recycling. PC resins being completely recyclable are expected to benefit from such regulations, and in turn, ease up global supply constraints.

Electrical & electronics and transportation remained dominant application markets, and the segments together accounted for nearly half of the overall consumption in 2015. In the electronics sector, polycarbonate is widely used for producing power housings, connectors, household appliances and battery boxes. Furthermore, the resin's optical clarity has led to its usage in headlamps, face shields, laminates, and windshields.

Asia Pacific offer tremendous opportunities for manufacturers as resin requirements from automotive and construction industries expected to rise significantly as a result of rising investments in passenger car production and public infrastructure

Companies Mentioned:

  • Covestro
  • SABIC
  • Lotte Chem
  • Teijin Industries
  • Mitsubishi Engineering Plastics Corp.
  • Trinseo
  • Idemitsu Kosan Co. Ltd.
  • Lone Star Chemical
  • Chi Mei Corporation¬†
  • Entec Polymers
  • RTP Company
  • LG Chemicals

Key Topics Covered:

1 Methodology and Scope

2 Executive Summary

3 Market Snapshot

4 Market Variables, Trends & Scope

5 Market Categorization 1: Application Estimates & Trend Analysis

6 Market Categorization 2: Regional Estimates & Trend Analysis

7 Trade Data

8 Competitive Landscape

9 Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/nh5qs4/polycarbonate

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Engineering Plastics

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Engineering Plastics