Polycarbonate Resins are a type of thermoplastic resins which are formed out of ring
structured aromatic polycarbonate combinations. These resins are known for
their exceptional mechanical properties,
and their heat and freeze resistance
attributes as well. Polycarbonates find their applications in engineering
are tough materials and some grades are optically transparent. Polycarbonates
are also good electrical insulators and possess flame retardant properties. The
material is commercially available as three broadly classified grades;
injection molding, UV stabilized and optical.
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Market Trends:
Overall, the Global
Polycarbonate Resin Market is estimated to Reach 6.25 Million Tons in production volume by 2020.
Polycarbonates
dominated the market for vehicle
headlamp covers for more than a decade. Now with advanced tools and
machinery, polycarbonate glazing is being molded into even larger parts which
saves considerable weight and offers better design and styling. With the demand
for fuel efficient automobiles resulting in the increased demand for lighter
automobile parts, the automotive sector will be the second largest contributor
to revenues for polycarbonate, but is the fastest growing market. With the
increased demand for consumer electronics, moderate to good revenue growth
rates for the polycarbonates industry can be projected for at least the next five
years.
Geographical
Segmentation:
Market for Polycarbonate Resins is present throughout the Americas, Europe, Asia-Pacific and Rest
of the world. It is dominated by countries such as the U.S., China, Japan and
Western European nations such as U.K., France, Germany and so on. China and
the U.S. collectively occupied over
45% of market in
2014. Due to the existence of developing economies of India and China which
are exhibiting high adoption rates of polycarbonate, APAC is forecasted to
exhibit the fastest growth in various applications.
Apart from a detailed segmentation of the entire market, the
overall Polycarbonate Resin Market in this report is also presented from the
perspective of different geographic regions and the key countries for this
industry. Competitive landscape for each of the product types is highlighted
and market players are profiled in the most organized format.
Key Players:
The most popular
brands of Polycarbonate Resins in the market are:
·
Koninklijke DSM N.V.
·
Bayer MaterialScience AG
·
Mitsubishi Engineering-Plastics Corporation
·
LG Chem
·
Styron
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