Growth of Global Polycarbonate Market Shifts to High Gear with Rising Demand from Automotive Sector, Tmr Says

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Polycarbonate Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast 2014 - 2020

Published Date

26-Feb-2015

74 Page Report

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Growth of Global Polycarbonate Market Shifts to High Gear

with Rising Demand from Automotive Sector, TMR Says

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Polycarbonate Market

REPORT DESCRIPTION

Polycarbonate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

The vendor landscape of the global polycarbonate market includes companies such as Chi Mei Corporation,

Bayer MaterialScience AG, Trinseo (Styron), SABIC Innovative Plastics, Mitsubishi Engineering-Plastics

Corporation, Royal DSM, Teijin Limited, Centroplast Engineering Plastics GmbH, Idemitsu Kosan Co. Ltd., and

Asahi Kasei Chemical Corporation. The market players are witnessing an increased demand for the material

across the electronics sector, notes Transparency Market Research (TMR) in a new report.

In 2013, the electronics application segment dominated the overall market with a share of over 26%. However,

the automotive sector is expected to emerge as the fastest growing application segment during the forecast

period owing to the growing demand for lightweight vehicles. The demand for bio-based polycarbonate has

surged in the recent times due to the growing concerns about the potential harmful effects of BPA. As a result,

the market players are working on the development of polycarbonates that contain safer alternatives to BPA.

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Asia Pacific to Drive Demand for Polycarbonates during Forecast Period

Among the key regions in the global polycarbonate market, Asia Pacific led the market in 2013 with over 61%

share in...