Press release
Polycarbonate Market is Forecasted to Reach US$ 31.91 Billion in 2028, Says Stratview Research
Stratview Research, a global market research firm has launched a report on the global polycarbonate market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/1130/polycarbonate-market.html#form
Report Highlights:
Market Size in 2028: US$ 31.91 billion
Growth (CAGR): 5.53% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 2
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights on the Polycarbonate Market:
The global polycarbonate market is segmented based on application type, and region.
Based on application type - The market is segmented as transportation, electrical & electronics, construction, packaging, consumer goods, optical media, medical devices, and others. The transportation segment accounted for the largest share in 2022 and is likely to maintain its dominance during the forecast period. The growth of the segment is owing to the rising demand for polycarbonate in headlamp lenses, lighting systems, exterior parts, and interior components of automobiles.
To know the most attractive segments, click here:
https://www.stratviewresearch.com/1130/polycarbonate-market.html
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that Asia-Pacific is estimated to be the largest market for polycarbonates during the forecast period. This growth outlook is majorly attributed to the following-
• The Asia-Pacific market is expected to expand with a lucrative CAGR due to the establishment of automotive manufacturing plants in the region by various American and European automobile giants coupled with a growing population and investment in infrastructure and construction projects in the region.
Polycarbonate Market Drivers:
Some of the key drivers listed in the report are given below.
• Polycarbonate, owing to its properties like lightweight, high-strength, and impact resistance, is widely used in automotive applications such as interior and exterior components, lighting systems, glazing, electrical connectors, etc. With the growing demand for fuel efficiency and reduced emissions, the adoption of polycarbonate helps automakers achieve weight reduction while maintaining safety and design flexibility.
• Polycarbonate finds widespread use in construction applications, including in roofing sheets, cladding panels, safety glazing, etc. Owing to its excellent transparency, durability, and thermal insulation properties, polycarbonate is becoming a preferred choice for modern architectural designs.
• The growing consumer electronics market also fuels the demand for polycarbonate, as it is widely used in this industry owing to its flame resistance, and excellent electrical insulation properties.
Top Companies in the Polycarbonate Market:
Stratview Research has identified the following companies as the top market players.
• Bayer Materialscience Ag
• Chi Mei Corporation
• Formosa Chemicals & Fiber Corporation
• LG Chem Ltd.
• Mitsubishi Engineering-Plastics Corporation
• SABIC
• Samsung Sdi Co., Ltd.
• Thai Polycarbonate Co. Ltd.
• Teijin Ltd.
• Trinseo LLC
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Polycarbonate Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• Polycarbonate Sheets Market: https://www.stratviewresearch.com/569/polycarbonate-sheets-market.html
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About Us:
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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