Global Polycarbonate Market: Overview

Polycarbonate is a thermoplastic polymer that happens in a straightforward crystalline frame. The material displays high effect quality and incredible durability at low temperatures. Moreover, it is dampness safe, has better heat, electrical and compound opposition, and displays great oxidative and heat capacity. Polycarbonate can be effortlessly prepared through the standard infusion trim and expulsion strategies so as to deliver segments with astounding dimensional security. Polycarbonate is a totally recyclable polymer and is in this way supported as a substitute to PVC especially in medicinal gadgets. In correlation, PC saps offer more prominent elasticity and flexural modulus meaning they can be effortlessly handled and even mixed with different tars, for example, styrenic copolymers and PBT.

The report gives an account of the global polycarbonate market offers an inside and out investigation of the market situation, with spotlight on its drivers, restrictions, patterns and openings. The report also digs into the effect of product in related ventures and industry divisions. The global reports displays a knowledge into the different procedures that current merchants in the market could attempt so as to pick up footing in the industry, alongside an examination on entry points for new players. The market knowledge report goes about as an extensive guide on the global market for polycarbonate over the said time of figure.

As per TMR analysts, the global market for polycarbonates is anticipated to achieve an estimation of US$19.6 bn by 2020. The market is probably going to show a promising 6.20% CAGR between 2014 and 2020, the duration of forecast.

Automotive to Remain Key Application Area

Polycarbonate pitches have been utilized in numerous industries, extending from automotive and electrical to family and medicinal enterprises. Tars have likewise been utilized for applications in the paint and bundling industry. They have additionally been utilized in development and pharmaceutical market.

Polycarbonate tars mixed with different polymers, for example, PBT and ABS to enhance the last compound's effect opposition and high temperature execution. These mixes are additionally handled to be utilized in the manufacture of lighting frameworks, headlamp focal points, outside parts, and inside segments via automotive OEMs.

Expanding demand towards automotive applications attributable to high light transmission, sturdiness, dimensional solidness and offer is probably going to quicken development of PC films market size. In addition, toughness and minimization of expansion in vehicles may additionally fortify industry development. Additionally, European polycarbonate sheet extruders (EPSE) advances the utilization of these sheets by creating industry norms and backings immense store network which produces a variety of industry services, in this way expanding product demand.

Asia Pacific to Exhibit High Growth Potential

The consumer electronics market in Asia Pacific is additionally at present ascending at a huge development rate, driven by a similar flood of industrialization that has supported the automotive industry in the area. Because of their high effect opposition and light weight, polycarbonates have developed as the ideal materials for cell phones, driving the global polycarbonate market.

Besides this, Europe is assessed to stay on the second position in the following couple of years, because of the rising interest for lightweight vehicles and the advancement of the automotive industry.

The global market for polycarbonates is considered to be fragmented in nature, attributable to the presence of some players who are holding a significant share of the market. These players are trying novel endeavors to keep up their strength in the following couple of years by concentrating on innovative research and development of the product portfolio.

Prominent vendors in the global polycarbonate market are Teijin Limited, Bayer MaterialScience AG, Chi Mei Corporation, Centroplast Engineering Plastics GmbH, Asahi Kasei Chemical Corporation, Idemitsu Kosan Co., Ltd., Mitsubishi Engineering-Plastics Corporation, and ABIC Innovative Plastics.

 
Polycarbonate, a thermoplastic polymer, is used widely in various applications as it offers properties such as high impact resistance, transparency, flame retardancy and high structural rigidity. Polycarbonate can be processed using extrusion and injection molding techniques to develop products with different properties and shapes. Additives can be added to the polymer while processing in order to enhance its processing efficiency and physical properties. 
 
This report covers the estimate and forecast of the polycarbonate market on a global and regional level. The report includes estimation of demand for polycarbonates for 2013 and forecast for the period from 2014 to 2020 in terms of volume (Kilo tons) and revenue (US$ Mn) for the regional and global markets.
 
The study also analyzes various factors driving the growth of the polycarbonate industry. It also includes restraints that are affecting market growth. A detailed analysis of the impact of these drivers and restraints during the forecast period has been included. Furthermore, the report evaluates opportunities available in the market at the global and regional level. 
 
The report includes value chain analysis to provide value addition at each stage and understand the industry thoroughly. Value chain analysis comprises detailed evaluation of the roles of various players involved in the polycarbonate industry, from raw material suppliers to end-users. Porter’s five forces model has been used to determine the impact of various factors such as degree of competition, bargaining power of suppliers, threat from substitutes, bargaining power of buyers and threat from new entrants during the forecast period. Company market share analysis has been included for better understanding of the competitive landscape. Furthermore, the report comprises market attractiveness analysis, which analyzes the application segments that are expected to be lucrative during the forecast period on the basis of their market size and growth rate. Attractiveness of the market has been derived from market size, profit margin, growth rate, availability of raw materials, competition and other factors such as social and legal constraints. 
 
The polycarbonate market has been segmented based on applications, which include automotive, electronics, construction, optical media, packaging and others. Detailed analysis of all segments in the regional and global markets, and forecast based on current and future trends of the industry in terms of volume (Kilo Tons) and revenue (US$ Mn) have been included in the report. Geographically, the market has been segmented into North America, Europe, Asia Pacific and Rest of the World (RoW). Demand for polycarbonate in various applications in these regions has been analyzed and forecast for a period of six years. 
 
We use a combination of primary and secondary research to determine the market estimate and forecast. Secondary research sources that were typically referred to include, but were not limited to company websites, independent studies, technical journals, annual reports, trade magazines, financial reports, and SEC filings. Other information sources such as internal and external proprietary databases, government documents, statistical databases and market reports, company’s news articles, industry specific magazines and webcasts specific to companies operating in the market have also been referred for the report. 
 
Primary research includes in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents bulk of the research efforts, supplemented by an extensive secondary research. Key players’ product literature, annual reports, press releases and relevant documents were reviewed for competitive analysis and market understanding. Primary research helps in validating and strengthening the secondary research findings. 
 
The report also covers profiles of leading companies in the polycarbonate industry. Companies profiled in the report include Bayer MaterialScience AG, Trinseo (Styron), Mitsubishi Engineering-Plastics Corporation, and Teijin Limited. Various attributes of these companies such as company overview, financial overview, business strategies, recent developments, new product launches, expansion, alliances, and partnerships constitute the company profiles section.
 
This report segments the global polycarbonate market as follows:
  • Polycarbonate  Market - Application Analysis
    • Automotive
    • Electronics
    • Construction
    • Optical media
    • Packaging
    • Others (Including Medical implants, Tableware, etc.)
  • Polycarbonate Market - Regional Analysis
    • North America
    • Europe
    • Asia Pacific
    • Rest of the World
.