The Polycarbonate Market report by MarkNtel Advisors – Market Research Company, offers a comprehensive analysis of the current state of the market, including an overview of key players, emerging trends, and future growth prospects. The report is segmented into various sections, each dedicated to different aspects of the market such as market size, geographical shares, competitive landscape, and market dynamics.
How Big is the Polycarbonate Industry?
The Global Polycarbonate Market size is expected to rise at a CAGR of around 5.9% during the forecast period 2024-2030.
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Polycarbonate Market Growth Challenge:
Fluctuations in Crude Oil Prices & Stringent Restrictions Hinder the Market Growth – Over the years, the production of polycarbonate polymers has stemmed from the remnants of crude oil and its heavier counterpart. Any fluctuations in crude oil prices have a profound impact on manufacturing costs, thus hampering the development of the global market. Additionally, external factors like global trade patterns, supply-demand laws, and geopolitical agreements regarding access to this resource also lead to price disparities that affect PC product costs. It is anticipated that such fluctuations in crude oil prices will negatively impact the polycarbonate industry’s growth in the coming years.
Furthermore, the stringent regulations on the use of plastic are another major restraining factor for market expansion. For instance,
- In 2022, According to the UNEP, over 99% of polymers and resins were sourced from crude oil and natural gas refining through toxic, polluting, and non-renewable specialty chemicals. As a result, numerous countries have implemented stringent regulations on plastic utilization for end-use purposes. With these restrictions, polycarbonate market expansion was affected.
In addition, at the UN Environmental Assembly 2022 held in Nairobi, delegates from 175 nations teamed up to extend stringent restrictions towards an extensive resolution that would decrease plastic waste massively by proposing legal action internationally by December 2024. As a result, Global Polycarbonate Market growth is expected to be impeded during the forecast period by these imposed restrictions and fluctuations in crude oil prices.
Competitor Breakdown: Top Polycarbonate Companies 2024-2030
- Covestro Ag
- Mitsui Chemicals
- SABIC
- Lotte Chemical Corporation
- Teijin Limited
- Trinseo
- Idemitsu Kosan Co. Ltd.
- ChiMei Corporation
- Entec Polymers
- RTP Company
- Formosa Chemicals & Fibre Corp.
- LG Chem
- Mitsubishi Engineering Plastics Corp.
- Evonik Industries AG
- 3A Composites GmbH
- Others (Excelite, etc.)
Note: Additional or any 5 specific company in the Market can be added to the list without any Extra cost.
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Regional Analysis:
North America, Europe, Asia Pacific, Middle East & Africa, and South America
- Share of each region segment in the Market
- Potential growth opportunities in the region
- The growth rate of the region in the Industry
Breaking Down the Polycarbonate Market Segmentation:
By Structural Type
- Solid- Market Size & Forecast 2019-2030, (Thousand Tons)
- Multiwall- Market Size & Forecast 2019-2030, (Thousand Tons)
- Corrugated- Market Size & Forecast 2019-2030, (Thousand Tons)
By Grade
- Standard Purpose Grade- Market Size & Forecast 2019-2030, (Thousand Tons)
- Flame Retardant Grade- Market Size & Forecast 2019-2030, (Thousand Tons)
- Polycarbonate (PC) Alloyed Grade- Market Size & Forecast 2019-2030, (Thousand Tons)
- Medical Grade- Market Size & Forecast 2019-2030, (Thousand Tons)
- Food Grade- Market Size & Forecast 2019-2030, (Thousand Tons
By Product Type
- Sheets and Films- Market Size & Forecast 2019-2030, (Thousand Tons)
- Blends- Market Size & Forecast 2019-2030, (Thousand Tons)
- Tubes- Market Size & Forecast 2019-2030, (Thousand Tons)
By Process
- Extrusion- Market Size & Forecast 2019-2030, (Thousand Tons)
- Injection Molding- Market Size & Forecast 2019-2030, (Thousand Tons)
By End-Use Industry
- Automotive & Transportation- Market Size & Forecast 2019-2030, (Thousand Tons)
- Electrical & Electronics- Market Size & Forecast 2019-2030, (Thousand Tons)
- Building & Construction- Market Size & Forecast 2019-2030, (Thousand Tons)
- Packaging- Market Size & Forecast 2019-2030, (Thousand Tons)
- Aerospace & Defense- Market Size & Forecast 2019-2030, (Thousand Tons)
- Others (Consumer Goods, Optical Media, Medical Devices)- Market Size & Forecast 2019-2030, (Thousand Tons)
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