Global Polycarbonate Resins Market: Overview
Polycarbonate resins are extensively used in electrical/electronic equipment and in several applications in the automotive industry. The unique combination of properties exhibited by polycarbonate resins makes it a material of choice for applications that need impact resistance. Its toughness along with transparency and high-temperature resistance makes it highly suitable for demanding transparent applications, where safety is of utmost importance. Therefore, polycarbonate resins are increasingly replacing glass for several applications such as medical equipment, electronics, roofing, and automotive among others.
The report presents an in-depth analysis of the global polycarbonate resins market based on current market trends, market indicators, and competitive structure. The analysis of the report presents a technological growth map over time to comprehend the industry growth rate. Using validated research tools and assumptions, the report presents a pin-point analysis of the changing competitive dynamics. This is expected to assist existing market players in increasing their market share and for new players to strategize to participate in this market.
The report is prepared after primary and secondary research and inputs received from opinion leaders about the growth of this industry during the forecast period. The report is presented in a chapter-wise layout interspersed with an array of graphical representations for the SWOT analysis of major market segments. The report also provides an analysis of strengths, weakness, opportunities, and threats of the global polycarbonate resins market for the 2013-2019 period.
Global Polycarbonate Resins Market: Drivers and Restraints
The increasing acceptance for polycarbonate resins over other traditional glass fibers has been a major factor driving the polycarbonate resins market. Increased research and development leading to the increased application scope of polycarbonate resins is driving the demand for these resins.
However, the growth of the market is challenged due to several factors. The production of polycarbonate resins releases Bisphenol A, which is highly carcinogenic and has been a major restraint for the market’s growth. The increasing demand for polycarbonate resins in several niche segments such as medical equipment, blue ray discs is anticipated to present huge growth opportunities to the market in the coming years. Furthermore, due to environmental considerations, the development of bio-based polycarbonates is expected to present immense growth opportunities to this market.
Global Polycarbonate Resins Market: Regional Outlook
The report segments the global polycarbonate resins market into the regional segments of North America, Europe, Asia Pacific, and Rest of the World. Of these, Asia Pacific has been leading the global polycarbonate market and the trend is anticipated to continue during the forecast period. The emerging economies of China and India display a significant demand for polycarbonate resins to support escalating urbanization and account for the major share of the Asia pacific polycarbonate resins market.
Asia Pacific is expected to be followed by Europe accounting for second-largest share in the global polycarbonate resins market. Moreover, increasing demand from the Middle East and South American countries will fuel the growth of the Rest of the World polycarbonate resins market.
Major Companies Mentioned in Report
The report mentions and profiles some of the leading companies in the global polycarbonate resins market, namely Mitsubishi Engineering Plastics Corporation, SABIC IP, Bayer Material Science, Teijin Ltd., Formosa Chemicals & Fibre Corporation, Lg Chem, Mitsubishi Gas Chemical Co., and Styron among others. These companies are profiled for their business attributes of competitive position, recent developments, product portfolio and specification, and SWOT analysis.
The global polycarbonate resins market is segmented as follows:
Global Polycarbonate Resins Market, by Geography
- North America
- Asia Pacific
- Rest of the World
This report gives you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- A clear understanding of the competitive landscape and key product segments
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.