Growing environmental friendly products demand is slated to continuously fuel the global polycarbonate resins market.
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Over the Top (OTT) Market Size & Growth Outlook 2024-2030
Polycarbonate Resin Market Forecast Report To 2020: Grand View Research, Inc.
1. Global Polycarbonate Resin Market, Market Size, Application
Analysis, Regional Outlook, Competitive Strategies And
Forecasts, 2014 To 2020
Growing automotive and electronics industries are expected to positively influence the global
polycarbonate resin market. Growing environmental friendly products demand is slated to
continuously fuel the global polycarbonate resins market. Superior physical properties,
optical characteristics and recyclability give polycarbonate resins definitive competitive
advantage over conventional plastics.
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Optical media, construction, automotive, medical equipment and electronics are few
polycarbonate resins end-use applications. Rising optical discs and electronics demand is
expected to bolster the global market growth. Growing awareness regarding bisphenol A
usage, high initial investment, and difficulty in creating an effective market network are
anticipated to hamper the market growth over the forecast period.
2. Copolyester, polystyrene and polypropylene are touted to be potential polycarbonate resin
substitutes. Increasing demand for the above mentioned products is expected to threaten the
market growth. Increasing polycarbonate resin penetration in automotive glazing and medical
equipment applications promise opportunities for market participants.
Asia Pacific led the global polycarbonate resin market ahead of North America and Europe.
Regional markets are characterized by differing polycarbonate resin usage in various
industries. Growing construction & packaging industries in Europe and widespread
automotive glazing applications in North America are expected to positively impact the
respective regional markets. Rapid industrialization coupled with brisk electronics market
growth in the emerging Asia Pacific economies promise positive regional market growth.
Prominent polycarbonate resin market participants include Mitsubishi Engineering Plastic,
SABIC IP, Formosa Fiber & Chemical Corporation, Mitsubishi Gas Chemical Co., Teijin
Ltd., Idemitsu Kosan Ltd. and Bayer Material Science AG.
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