Press release
Polycarbonate Market Estimated to Experience a Hike in Growth by 2020
Polycarbonates are a type of thermoplastic polymer that offer a combination of favorable properties such as transparence, high impact resistance, and easy molding. As a result of the latter in particular, they can be shaped into diverse shapes and thus used in several applications. Due to their high impact resistance, the global polycarbonate market has found rising demand from the booming consumer electronics and automotive industries.
Request to view Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2474
In the automotive industry, polycarbonates are used in various applications to provide high impact resistance and durability at lower weights than conventional materials. Since polycarbonates can bend significantly without breaking, their usage is rising in automotive design to make the car safer. The rapid rise of the global automotive industry in recent years, aided by the rising levels of disposable income worldwide and increasing industrialization in several developing countries, has thus propelled the global polycarbonates market significantly. The demand for polycarbonates is mainly driven by the rising production of light passenger cars, which are being bought in increasing numbers in developing countries such as India, China, and South Korea.
According to the report, the automotive industry is expected to be the fastest growing consumer of polycarbonates in the forecast period. The rising Asia Pacific automotive industry is mainly responsible for this.
Like the automotive industry, the demand for polycarbonates for usage in consumer electronics is also mainly arising in Asia Pacific. The consumer electronics market in Asia Pacific is also currently rising at an immense growth rate, driven by the same wave of industrialization that has boosted the automotive industry in the region. Due to their high impact resistance and light weight, polycarbonates have emerged as the perfect materials for mobile phones, propelling the global polycarbonate market. Consumer electronics are expected to remain the largest application segment of the global polycarbonate market and improve upon the 26% market share the segment managed to garner in 2013.
Request to download and view full ToC @ http://www.transparencymarketresearch.com/report-toc/2474
Apart from the automotive and consumer electronics industries, polycarbonates are also in demand from the packaging and construction industries. These are also expected to remain key application segments of the global polycarbonate market in the forecast period.
Due to the steady performance of the two major applications of polycarbonates in the region, the Asia Pacific market for polycarbonates emerged as the largest regional segment of the global market, accounting for a dominant 61% of the market. The APAC polycarbonates market is expected to remain the leading regional segment, followed by Europe and Rest of the World.
The report presents data regarding the market’s performance in all these regional segments over the review period and provides studied forecasts about the market’s expected growth trajectory in these regions over the forecast period. The report also profiles major players in the global polycarbonate market such as Bayer MaterialScience, Teijin Ltd., Mitsubishi Engineering-Plastics Corporation, Idemitsu Kosan Co. Ltd., Asahi Kasei Chemical Corporation, and Royal DSM.
View Report @ http://www.transparencymarketresearch.com/polycarbonate-market.html
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Polycarbonate Market Estimated to Experience a Hike in Growth by 2020 here
News-ID: 743198 • Views: …
More Releases from TMR
Emerging Opportunities in Logistics Market with Current Trends Analysis
The global Logistics market is estimated to attain a valuation of US$ 15,273.21 Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4.5% during the forecast period, 2019-2027.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the…
Energy Measurement IC Market is expected to reach US$ 8.39 Bn by the end of 2031
According to a Transparency Market Research (TMR) research report, the global energy measurement ic market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 8.39 Bn by the end of 2031.
The study on the energy measurement ic market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The…
STATCOM UPS Market to Register Double Digit Growth Rate of 16% CAGR by 2024
Over the last decade, rising number of industries and utilities are opting for static synchronous compensator or STATCOM UPS instead of static VAR compensator or SVC UPS. Low harmonic emission coupled with high speed of response is accentuating the expansion of India STATCOM UPS market now and in times to come. Playing a crucial role in voltage control and compensation of reactive power, STATCOM UPS is likely to keep its…
Thin Wafer Processing and Dicing Equipment Market US$692.5 mn by 2024 - TMR
Transparency Market Research (TMR) estimates that the global thin wafer processing and dicing equipment market has a highly consolidative landscape. Disco Corp. accounted for largest share of 56.4% in 2015 and likely to be dominant in the coming years. This is creating monopoly in the thin wafer processing and dicing equipment market in terms of competitive presence. The other key players such as EV Group, Plasma-Therm LLC, Lam Research Corp,…
More Releases for Asia
South East Asia Business Jet Market And Top Key Players are Asia Corporate Jet, …
By 2022, the South East Asia Business Jet Markets estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period. The Global Business Jet Market, currently at 21 million USD, contributes the highest share in the market and is poised to grow at the fastest rate in the future. The three broad categories of business jets are Small,…
RAMPF Korea – Producing in Asia for Asia
Joint Venture for the Asian markets – The international RAMPF Group has realigned the cooperation with its long-standing partner Orient Dosiertechnik from Korea with the founding of RAMPF Korea Co., Ltd. The new company based in Hwaseong City is developing and producing mixing and dispensing systems specifically for the Asian markets.
Within the framework of the new joint venture based in Hwaseong City, mixing and dispensing systems are being developed and…
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022.
23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property…
PEOPLEWAVE WINS ASIA TECH PODCAST PITCHDECK ASIA 2019 AWARDS
15 January 2019, Singapore – Peoplewave, Asia’s leading data-driven HR technology company, won the Asia Tech Podcast (ATP) Pitchdeck Asia 2019 Awards, being awarded “Startup Most Likely to Succeed in 2019".
The 2019 Pitchdeck Asia Awards is an opportunity for the Asian Startup Ecosystem to shine a spotlight on some of its best startups. The awards were decided by a public vote. More than 7,200 votes were cast by registered LinkedIn…
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia
Equipping Asia’s navies with the latest diving technology for asymmetric warfare and
operations
SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is
seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting…
Asia Diligence – Specialist Investigative Due Diligence for Asia & Beyond
Asia Diligence today announced the opening of its European Customer Services office in the United Kingdom. The office is to be managed by Steve Fowler and will focus on providing services to Asia Diligence’s European customers. Asia Diligence is also planning to open a US office in the near future, which will provide customer service to its US and North American clients.
Asked to comment on the move, Luke Palmer, the…
