Polycarbonate Market Size, Share & Trends Report

Polycarbonate Market Size, Share & Trends Analysis Report By Application (Automotive & Transportation, Electrical & Electronics, Construction, Packaging, Consumer Goods), By Region, And Segment Forecasts, 2023 - 2030

Report ID: GVR-1-68038-269-3
Number of Report Pages: 120
Format: PDF, Horizon Databook

Historical Range: 2018 - 2021
Forecast Period: 2023 - 2030
Industry: Bulk Chemicals

Market Segmentation

Polycarbonate Application Outlook (Volume, Kiloton; Revenue, USD Billion, 2018 - 2030)
- Automotive & Transportation
- Electrical & Electronics
- Construction
- Packaging
- Consumer Goods
- Optical Media
- Medical Devices
- Others
Polycarbonate Regional Outlook (Volume, Kiloton; Revenue, USD Billion, 2018 - 2030)
- North America
  - North America Polycarbonate Market, by Application
    - Automotive & Transportation
    - Electrical & Electronics
    - Construction
    - Packaging
    - Consumer Goods
    - Optical Media
    - Medical Devices
    - Others
  - U.S.
    - U.S. Polycarbonate market, By Application
      - Automotive & Transportation
      - Electrical & Electronics
      - Construction
      - Packaging
      - Consumer Goods
      - Optical Media
      - Medical Devices
      - Others
  - Canada
    - Canada Polycarbonate Market, by Application
      - Automotive & Transportation
      - Electrical & Electronics
      - Construction
      - Packaging
      - Consumer Goods
      - Optical Media
      - Medical Devices
      - Others
  - Mexico
    - Mexico Polycarbonate Market, by Application
      - Automotive & Transportation
      - Electrical & Electronics
      - Construction
      - Packaging
      - Consumer Goods
      - Optical Media
      - Medical Devices
      - Others
- Europe
  - Europe Polycarbonate Market, by Application
    - Automotive & Transportation
    - Electrical & Electronics
    - Construction
    - Packaging
    - Consumer Goods
    - Optical Media
    - Medical Devices
    - Others
  - Germany
    - Germany Polycarbonate Market, by Application
      - Automotive & Transportation
      - Electrical & Electronics
      - Construction
      - Packaging
      - Consumer Goods
      - Optical Media
      - Medical Devices
      - Others
  - France
    - France Polycarbonate Market, by Application
      - Automotive & Transportation
      - Electrical & Electronics
      - Construction
      - Packaging
      - Consumer Goods
      - Optical Media
      - Medical Devices
      - Others
  - Italy
    - Italy Polycarbonate Market, by Application
      - Automotive & Transportation
      - Electrical & Electronics
      - Construction
      - Packaging
      - Consumer Goods
      - Optical Media
      - Medical Devices
      - Others
  - Russia
    - Russia Polycarbonate Market, by Application
      - Automotive & Transportation
      - Electrical & Electronics
      - Construction
      - Packaging
      - Consumer Goods
      - Optical Media
      - Medical Devices
      - Others
  - Spain
    - Spain Polycarbonate Market, by Application
      - Automotive & Transportation
      - Electrical & Electronics
      - Construction
      - Packaging
      - Consumer Goods
      - Optical Media
      - Medical Devices
      - Others
- Asia Pacific
  - Asia Pacific Polycarbonate Market, by Application
    - Packaging
    - Agriculture
    - Consumer goods
    - Textile
    - Automotive & Transportation
    - Building & Construction
    - Others
  - China
    - China Polycarbonate Market, by Application
      - Automotive & Transportation
      - Electrical & Electronics
      - Construction
      - Packaging
      - Consumer Goods
      - Optical Media
      - Medical Devices
      - Others
  - Japan
    - Japan Polycarbonate Market, by Application
      - Automotive & Transportation
      - Electrical & Electronics
      - Construction
      - Packaging
      - Consumer Goods
      - Optical Media
      - Medical Devices
      - Others
  - India
    - India Polycarbonate Market, by Application
      - Automotive & Transportation
      - Electrical & Electronics
      - Construction
      - Packaging
      - Consumer Goods
      - Optical Media
      - Medical Devices
      - Others
  - South Korea
    - South Korea Polycarbonate Market, by Application
      - Automotive & Transportation
      - Electrical & Electronics
      - Construction
      - Packaging
      - Consumer Goods
      - Optical Media
      - Medical Devices
      - Others
  - Taiwan
    - Taiwan Polycarbonate Market, by Application
      - Automotive & Transportation
      - Electrical & Electronics
      - Construction
      - Packaging
      - Consumer Goods
      - Optical Media
      - Medical Devices
      - Others
- Central & South America
  - Central & South America Polycarbonate Market, by Application
    - Automotive & Transportation
    - Electrical & Electronics
    - Construction
    - Packaging
    - Consumer Goods
    - Optical Media
    - Medical Devices
    - Others
  - Brazil
    - Brazil Polycarbonate Market, by Application
      - Automotive & Transportation
      - Electrical & Electronics
      - Construction
      - Packaging
      - Consumer Goods
      - Optical Media
      - Medical Devices
      - Others
  - Mexico
    - Mexico Polycarbonate Market, by Application
      - Automotive & Transportation
      - Electrical & Electronics
      - Construction
      - Packaging
      - Consumer Goods
      - Optical Media
      - Medical Devices
      - Others
- Middle East and North Africa
  - Middle East & Africa Polycarbonate Market, by Application
    - Automotive & Transportation
    - Electrical & Electronics
    - Construction
    - Packaging
    - Consumer Goods
    - Optical Media
    - Medical Devices
    - Others
  - Saudi Arabia
    - Saudi Arabia Polycarbonate Market, by Application
      - Automotive & Transportation
      - Electrical & Electronics
      - Construction
      - Packaging
      - Consumer Goods
      - Optical Media
      - Medical Devices
      - Others

Polycarbonate Market Dynamics

Drivers: Flourishing Global Automotive Industry

The use of polycarbonate in vehicles increases their fuel efficiency by lowering their weight and density. Moreover, regulatory agencies in various countries have implemented several strict regulations to reduce the impact of carbon emissions and greenhouse gases (GHG) from vehicles on the environment and human health. Surged demand for lightweight, safe, cost-effective, comfortable, and aesthetically appealing MUVs/SUVs with high fuel efficiency is driving the use of polycarbonate in the global automotive industry. Traditionally, polycarbonate is processed by reacting bisphenol A (BPA), phosgene, or carbonyl chloride in the presence of an inert solvent. However, the advent of new and advanced methods has revolutionized the production process of polycarbonate by eliminating the use of toxic phosgene for developing it. The rapidly growing automotive industry worldwide is also expected to fuel the demand for polycarbonate for use in various applications in this industry, including interior parts, exterior parts, and underhood components of automobiles. The automotive segment accounted for a share of approximately 15% of the polycarbonate market in 2022 in terms of revenue. This segment is also projected to grow at the highest CAGR during the forecast period in terms of both revenue and volume. An increase in global vehicle sales is expected to augment the growth of the polycarbonate market over the forecast period.

Growing Usage Of Polycarbonate In Building & Construction Applications

The increasing population in emerging economies such as India and China and the ongoing industrialization and urbanization have led governments of different countries to increase their construction spending to meet their surging infrastructure requirements. This, in turn, is anticipated to fuel the demand for polycarbonate as it is used in building & construction applications. According to the Organization for Economic Cooperation and Development (OCED), as of 2021, Asia Pacific was one of the fastest-growing construction markets in the world. The presence of stringent regulations regarding the recyclability of polycarbonate and the depletion of conventional materials, such as wood and metals, is expected to drive the usage of polycarbonate in the development of floorings, pipes, windows, insulation, cables, and storage tanks used in the construction industry. Polycarbonate is highly durable and cost-effective. It enables energy savings owing to its lesser heat consumption than metals. As such, polycarbonate is increasingly used in various applications in the construction industry. Moreover, as polycarbonate offers high impact resistance, improved aesthetics, mildew resistance, scratch resistance, cabin insulation, vibration and noise control, and recyclability, it is preferred over metals in various applications.

Restraints: Volatile Global Raw Material Prices

The prices of bisphenol A (BPA) are subject to intense fluctuations as it is a product of crude oil, which is a highly volatile raw material. The poor scratch resistance of end-products developed from bisphenol A (BPA), that is, polycarbonate, is also expected to hamper its global demand in the coming years. Future demand-supply changes are expected to keep the costs of polycarbonate highly volatile in the global market. As petrochemical prices are largely influenced by the costs of crude oil, any variation in the prices of crude oil impacts the costs of petrochemicals, thereby affecting the prices of polycarbonate globally. Fluctuations in the costs of petrochemicals are expected to challenge the growth of polycarbonate market worldwide over the forecast period as the key raw materials used for manufacturing polycarbonate are highly dependent on the production of petrochemicals and their costs.

What Does This Report Include?

This section will provide insights into the contents included in this polycarbonate market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Polycarbonate market qualitative analysis

Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
- Company overview
- Financial performance
- Product benchmarking
- Latest strategic developments

Polycarbonate market quantitative analysis

Market size, estimates, and forecast from 2018 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance

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