Global Polycarbonate Market is Expected to Reach USD 18.39 Billion in 2019: Transparency Market Research

 Global Polycarbonate Market is Expected to Reach USD 18.39 Billion in 2019:
                         Transparency Market Research

  PR Newswire

  ALBANY, New York, July 16, 2014

ALBANY, New York, July 16, 2014 /PRNewswire/ --

According to a new market report published by Transparency Market Research
"Polycarbonate Market for Automotive, Electronics, Construction, Optical
Media, Packaging and Other (Medical Implants and Tableware) Applications -
Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 -
2019," the global polycarbonate market was valued at USD 12.15 billion in 2012
and is expected to reach USD 18.39 billion by 2019, growing at a CAGR of 6.1%
from 2013 to 2019.

Browse the full Polycarbonate  Market Report at

Polycarbonate, a thermoplastic polymer produced using BPA (Bisphenol A) and
phosgene as the major feedstock. High tensile strength, high shatter
resistance and high thermal stability than the traditional engineering
plastics such as acrylic have been major factors driving demand for

Polycarbonate helps in reducing the overall weight of the vehicle without
compromising durability. Therefore increasing demand for light vehicles is
expected to be a major factor driving demand for polycarbonate. In addition,
easy sterilization and cleaning of polycarbonate have led to increase in
demand for polycarbonate in packaging applications which is anticipated to be
among the major factors driving demand for polycarbonate. Moreover, BPA is a
derivative of crude oil; therefore volatile pricing of BPA has been
restraining polycarbonate market growth. Furthermore, low scratch resistance
of polycarbonate has also restrained polycarbonate market growth mainly in the
automotive segment. Developing low cost scratch resistant polycarbonate is
expected to offer huge growth opportunities in the market.

The demand for polycarbonate can be segregated into six major application
segments: automotive, electronics, construction, optical media, packaging and
others. Electronics, followed by automotives, are the dominant application
segments for polycarbonate. The other application segment includes niche
applications such as medical implants and tableware, among others.

Browse Press Release of Polycarbonate  Market @

Asia Pacific dominates the global demand for polycarbonate. Owing to high GDP
growth in the emerging economies of India and China, Asia Pacific is
anticipated to be the fastest growing region during the forecast period.
Europe is another major regional segment in the demand side of the
polycarbonate market. North America and RoW also show healthy demand figures
majorly due to demand from various end-user segments such as automotives and

Some of the major industry participants include Bayer MaterialScience, SABIC
Innovative Plastics, Styron, Mitsubishi Engineering Plastics Corporation,
Teijin Limited, Chi Mei Corporation, Idemitsu Kosan Co., Ltd., Centroplast
Engineering Plastics GmbH, Royal DSM, and Asahi Kasei Chemical Corporation
among others. Most of these companies have a global presence and their
distribution and supply divisions are driven by various supply agreements and
joint ventures with end-user companies.

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This report segments the global polycarbonate market as follows: 

Polycarbonate Market: Application Analysis 

  *Optical media
  *Others (Including medical implants, tableware, etc.)

Browse the full Polycarbonate  Market Report at

Polycarbonate Market: Regional Analysis 

  *North America
  *Asia Pacific
  *Rest of the World

Browse All Chemical & Materials Market Research Reports @

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