Polycarbonate Market To 2022 – Market Share, Growth, Trends: Grand View Research, Inc

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  • Polycarbonate Market Analysis, Market Size, Application

    Analysis, Regional Outlook, Competitive Strategies And

    Forecasts, 2015 To 2022

    Global polycarbonate market is anticipated to witness high growth on account of

    widespread use in various end-use industries including automotives, electrical &

    electronics and construction. Polycarbonates can easily be molded and

    thermoformed. Hence they are employed in the manufacture of plastic bottles in

    the food & beverage industry. Furthermore, polycarbonate aids in the reduction of

    overall weight of a vehicle. Growing demand for lightweight vehicles in various

    regions is anticipated to boost demand for polycarbonate in the automobile

    industry over the next seven years. Easy cleaning and sterilization coupled with

    high tensile strength properties of polycarbonate material is anticipated to propel

    its demand in the packaging sector. Development of inexpensive scratch resistant

    polycarbonates is anticipated to open new market avenues over the forecast period.

  • For More Information on "Polycarbonate Market Research Reports" visit -

    http://www.grandviewresearch.com/industry-analysis/polycarbonate-market

    Asia Pacific was the largest polycarbonate market in the past few years and is

    anticipated to be the fastest growing over the next seven years. Rapid

    industrialization coupled with growing disposable income of consumers

    particularly in India, Malaysia, China and Indonesia are anticipated to drive

    polycarbonate market in Asia Pacific. In addition, increasing government

    expenditure for infrastructural development particularly in China and India coupled

    with positive outlook in the construction sector in North America particularly in

    the U.S. is likely to propel polycarbonate market over the forecast period. Growing

    automobile and electrical & electronic industry in North America and Europe is

    expected to fuel polycarbonate demand in these regions.

  • However, rising threats from substitutes including polypropylene, polyesters and

    polystyrene is likely to hamper market growth. In addition, raw material volatility

    and technological challenges faced by polycarbonate manufacturers to develop

    high quality and improved resins is expected to further challenge market growth

    over the next seven years.

    Key players present in the polycarbonate market include SABIC Innovative

    Plastics, Bayer MaterialScience, Centroplast Engineering Plastics GmbH, Chi Mei

    Corporation, Asahi Kasei Chemical Corporation, Mitsubishi Engineering Plastics

    Corporation, Royal DSM, Teijin Limited, Idemitsu Kosan Co., Ltd., and Styron.

    Most of the major companies have global presence and their supply and

    distribution divisions primarily focus on M&As and joint ventures with various

    end-use companies. In June 2014, Bayer MaterialScience consolidated its

    polycarbonate sheet business through plant closures and divestments in Asia

    Pacific and Europe.

  • Request TOC of Polycarbonate Market Research Reports" visit -

    http://www.grandviewresearch.com/industry-analysis/polycarbonate-

    market/request-toc

    About Grand View Research

    Grand View Research, Inc. is a U.S. based market research and consulting

    company, registered in the State of California and headquartered in San Francisco.

    The company provides syndicated research reports, customized research reports,

    and consulting services. To help clients make informed business decisions, the

    company offers market intelligence studies ensuring relevant and fact-based

    research across a range of industries including technology, chemicals, materials,

    healthcare and energy.

    Contact:

    Sherry James

    Corporate Sales Specialist, U.S.A.

    Grand View Research, Inc.

    United States

    Phone: 1-415-349-0058

    Toll Free: 1-888-202-9519

    Email: sales@grandviewresearch.com

    Website: Grand View Research

    Blog Site: http://www.divog.org/