The North America polycarbonate market, along with its end products, has witnessed a stable growth in the past and this growth is estimated to increase in the coming years. Polycarbonate is one of the most widely used engineering thermoplastics in various end use segments, such as automotive, consumer goods, electrical & electronic, medical, optical media, packaging, sheet film, and others (aerospace, gadgets).
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The flexibility, impact resistance, optical properties, and exceptional light transmission properties are some of the features that increase the demand for polycarbonate. Upcoming technology & implementation of innovative techniques for its use will be the key influencing factors for the North America polycarbonate market.
The polycarbonate market is witnessing growth which is expected to continue in the near future, mainly driven by the intense efforts at country level. Considerable amount of investments are made by various market players to serve the end-user applications industry in the future. The North America region for the polycarbonate market accounted for about 16% market share of the total global demand in 2014. The region is further expected to show a high growth in the future, mainly due to innovation and technological advancements & adaptability of polycarbonate in leading end-user markets.