According to a research survey conducted by ChemView Consulting, in 2022, the Global Polycarbonate Market was worth US$ 23,479.0 Mn and is expected to grow at a CAGR of 5.4% over the forecast period. While the historical CAGR is 4.5%, the market is expected to hit US$ 39,727.0 Mn by 2032 end.
Polycarbonate is honestly found in all end-use industries consisting of automobile, electronics, and construction, amongst others. The developing call for light-weight automobile additives is using the polycarbonate materials. This is clear since light-weight polycarbonate additives play an instrumental position in gas performance for passenger vehicles.
The growing fashion of miniaturization in electronics is some other driving force contributing towards enlargement of the polycarbonate marketplace. This fashion coupled with fast boom withinside the eCommerce enterprise and online purchasing apps is translating into sales possibilities for polycarbonate producers.
Medical polycarbonates and different plastic-extensive merchandise are obtaining accelerated significance amidst the continued coronavirus pandemic. This stems from an accelerated call for polycarbonate syringes and intravenous (IV) additives. As such, the sales of fluid shipping and IV connection additives is slated for competitive boom withinside the worldwide polycarbonate marketplace.
Innovative merchandise consisting of one-piece plastic face shields are being brought for coronavirus medics. Researchers from pinnacle universities are growing efforts to layout disposable face shields and urging producers withinside the polycarbonate marketplace to mass produce the same. This fashion is essential because U.K., India, and China`s healthcare centres are being compromised because of newly mentioned COVID-19 infections attributable to new variants.
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A list of some of the key suppliers present in the market are:
- SABIC Innovative Plastics
- Teijin Limited
- Chi Mei Corporation
- Idemitsu Kosan Co., Ltd
- Mitsubishi Engineering-Plastics Corporation
- Trinseo (Styron)
- Centroplast Engineering Plastics GmbH
- Bayer MaterialScience AG
- Royal DSM
- Asahi Kasei Chemical Corporation
Global Polycarbonate Market 2022-2032: Report Coverage and Highlights
- Assessment of the historical and current market size (2017-2021), market projections (2022-2032), and its contribution to the parent market
- Key drivers, restraints, opportunities, and key emerging trends impacting market growth
- Predictions on critical supply, demand, and technological trends and changes in consumer behavior
- Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
- Segment-wise, country-wise, and region-wise market analysis
- Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
- Key product innovations and regulatory framework
- Covid-19 impact on the market and how to navigate
- Strategic market analysis and recommendations on crucial winning strategies
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https://chemviewconsulting.com/reports/polycarbonate-market/
About ChemView Consulting:
ChemView Consulting is a leading market research firm in the Asia Pacific, with expertise in Chemicals & Materials, Food & Beverages, Packaging, Oil & Gas, New & Renewable Energy, and Disruptive Technologies. We are one of the top market intelligence firms specializing in business analytics with an expertise in the ever-growing chemicals industry. We track high-growth markets with innovative ideas and opportunities insights through B2B research.
Our client base ranges from industry experts, investors, top companies in the chemicals; and oil & gas industry to SMEs, start-ups, and new entrants. We have worked with over 100 companies to upscale their position as the global leader in the chemical & materials landscape with our cutting-edge analytics and advisory services.
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