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Report Overview
The global polycarbonate market size reached a volume of 5.08 million metric tons in 2023. The demand for the product is expected to grow at a CAGR of 3.30% in the forecast period of 2024-2032. By 2032, the polycarbonate market demand is estimated to reach a volume of 6.82 million metric tons.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Polycarbonate Market Competitive Landscape
December 2018- Covestro AG (OTCMKTS: COVTY) started the building of its new polycarbonate films manufacturing line at its Map Ta Phut Industrial Estate in Thailand.
The report gives a detailed analysis of the following key players in the global polycarbonate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Covestro AG (OTCMKTS: COVTY)
- SABIC
- Teijin Limited
- Trinseo S.A.
- Mitsubishi Chemical Corporation
- Formosa Plastics Corporation
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on Porter’s five forces model, along with giving a SWOT analysis.
Polycarbonate Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market attained a volume of 5.08 million metric tonnes.
The market is projected to grow at a CAGR of 3.30% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a volume of 6.82 million metric tonnes by 2032.
The major drivers of the market are rising disposable incomes, increasing population, increasing demand for consumer goods, and growth of end-use industries.
The key trends guiding the growth of the global polycarbonate market includes the introduction of new and advanced technologies and rapid growth of economies.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Electrical and electronics, automotive, construction, optical media, packaging, consumer, and medical are the leading applications of polycarbonate in the market.
The major players in the market are Covestro AG, SABIC, Teijin Limited, Mitsubishi Chemical Corporation, Formosa Chemicals & Fibre Corporation, and Trinseo S.A., among others.
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