Polycarbonate Market Key Players: Covestro, SABIC, EVONIK INDUSTRIES AG, Bayer AG, Teijin Limited and etc

Polycarbonate Market Key Players:
The major players operating the global market are Covestro (Germany), SABIC (Saudi Arabia), EVONIK INDUSTRIES AG (Germany), Bayer AG (Germany), Teijin Limited (Japan), LG Chemicals (South Korea), Formosa (U.S.), Mitsubishi Engineering Plastics Corp. (Japan), Asahi Kasei Chemical Corporation (Japan), and Idemitsu Kosan Co. Ltd. (Japan).

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Polycarbonate Market Regional Analysis:
The global polycarbonate market is geographically segmented into five major regions—North America, Asia Pacific, Europe, the Middle East and Africa, and Latin America.

The market in Asia Pacific is projected to lead the global market with the largest share. This feat has been achieved on account of rapid industrialization in the region in the past few years, coupled with favorable government policies and funding for infrastructure and transportation. In the region, India, Japan, South Korea, Malaysia, and China are major contributors to the market growth. In addition, changing lifestyles, growing disposable incomes, and shifting consumer trends have driven the automotive and packaging industries in the region, in turn fuelling the growth of the regional market.

On the other hand, North America is expected follow APAC with the second-largest market. In the region, the United States (U.S) is the largest country-level market owing to a steady rise in the use of polycarbonate materials in reconstruction activities along with the automotive and packaging industries.
Europe is making similar strides, with the markets in the United Kingdom (U.K), France, Germany, Italy, and Belgium leading the region. The growth of the regional market can be attributed to the use of polycarbonate in automotive and many other industrial applications.

Lastly, the markets in the Middle East and Africa and Latin America account for a relatively smaller market share; however, these markets are likely to grow in the coming years owing to growing economy and increasing industrialization.

Polycarbonate Market Segmentation:
The global polycarbonate market has been segmented on the basis of application and region.

By mode of application, the global polycarbonate market has been segmented into electrical and electronics, medical devices, packaging, consumer goods, building and construction, automotive, and others. Among all the regions, the electrical and electronics sector is estimated to remain the key application area during the review period. Polycarbonates are extensively used for producing connectors, power housing, battery boxes, and household appliances which is considered to propel the market growth in the coming years.

Polycarbonate Market Competitive Landscape:
The global polycarbonate is a mature market driven by flourishing growth in construction and automotive industry, along with the flourishing transportation sector. Trinseo, Formosa, Covestro, TEIJIN, SABIC are the major shareholders in this market. Majority of the key market participants are investing in the expansion of their production capacities to strengthen their market position. After addressing dynamic growth in automotive industry, and construction industry experts have asserts that this market will be having increasing penetration of new players to enjoy the profitability of this market. Taking into account these trends, the global polycarbonate market is likely to witness considerable competition over the forecast period of 2018-2023.

Polycarbonate Market Table of Content:
1 Executive Summary
2 Scope of the Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Polycarbonate Market

Polycarbonate Market Table of Content to be Continue…….,

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