Polycarbonate Market:

Overview:
According to the Organisation International des Constructers automobiles (OICA), international organization consisting members form 39 countries, automotive industry has produced overall 94.97 million vehicles expanding at 4.5% annual growth in 2016. Changing Lifestyle, economic development in emerging countries, increasing purchasing power of middle income strata have led the greater adoption of commercial as well as consumer vehicles over the past five years. In addition to this, rapid industrialization fuelling the demand for commercial vehicles and aircrafts year on year. Asia Pacific held major share of the market in 2016 on account of the presence of leading end users such as automotive and building & construction industries.

Growing demand for light weight vehicles in automotive industry is likely favour growth of the market. As per the industry experts, this trend may continue in the coming years on the backdrop of rising concerns over natural resource. This may consolidate the demand for polycarbonate. Increasing research & development activities along with growing focus on technological innovations expected to boost the growth of this market over the review period. On the other hand, global market growth is held back by increasing environmental concerns. Moreover, consistent price fluctuations in the raw material prices, due to changing crude oil prices, also anticipated to limit the growth of this market.

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Market Trends:
Polycarbonate Market has experienced a humongous growth over the past year and it has been predicted by the MRFR analysts that in the forecasted period there will be an immense growth in the global polycarbonate market. The factor which are driving the current market are the multiple uses of polycarbonate in the application areas such as in electronic components, construction materials, plastics, data storage, automotive and medical application. Among this applications, the constructions and automotive market is growing at a very rapid pace. Owing to this, the demand for polycarbonate in the manufacturing process has increased globally. Geographically, Asia-Pacific is predicted to be the largest market for polycarbonate.

Data integration and capabilities are analysed to support the findings and study the predicted geographical segmentations. Various key variables and regression models were considered to calculate the trajectory of polycarbonate market. Detailed analysis is explained and given importance to with best working models.

Geographically, the segmentation is done into several key regions like North America, Middle East & Africa, Asia Pacific, Europe and Latin America. The production, consumption, revenue, shares in mill UDS, growth rate of polycarbonate market during the forecast period of 2015 to 2027 is well explained.

Study Objectives of Polycarbonate Market:
To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the Global Polycarbonate Market
To provide insights about factors affecting the market growth
To Analyse the Global Polycarbonate Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
To provide country-level analysis of the market with respect to the current market size and future prospective
To provide country-level analysis of the market for segment by applications and regions
To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market
To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Polycarbonate Market

Key Players:
SABIC,
Mitsubishi Engineering Plastics,
Formosa,
LG Chem,
Bayer,
EVONIK INDUSTRIES,
EPSE,
Covestro,
Dow Chemicals,
TEIJIN.

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