According to the recent study the polycarbonate composites market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 4% to 6% from 2023 to 2028. Growth in this market is primarily driven by increasing disposable income of the middle-class population, stringent regulations regarding the use of plastic and growing demand for lightweight materials.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in polycarbonate composites market by reinforcement (glass fiber filled, carbon fiber filled, and others), end use industry (consumer electronics, medical instruments, automotive, electrical engineering, packaging plastics, building and construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“Glass fiber filled market is expected to remain the largest segment during the forecast period.”
Based on reinforcement, the polycarbonate composites market is segmented into glass fiber filled, carbon fiber filled, and others. Lucintel forecasts that the glass fiber filled market is expected to remain the largest segment due to its easy availability, high strength and superior electrical insulation.
“Within the polycarbonate composites market, the automotive segment is expected to remain the largest end use industry”
Based on end use industry the automotive segment is expected to witness the highest growth over the forecast period due to the growing adoption of lightweight electric vehicles and increasing production and sale of electric vehicles.
“Asia pacific will dominate the polycarbonate composites market in near future”
APAC will remain the largest region due to the increasing demand for lightweight and fuel-efficient vehicles and rising per capita disposable income of consumers in the region.
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Major players of polycarbonate composites market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. SABIC, Chi Mei, Asahi Kasei Advance, Formosa Chemicals & Fibre, LG Chem, Trinseo, and Teijin are among the major polycarbonate composites providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/polycarbonate-composites-market.aspx or [email protected]