Covid-19 Impact on Polycarbonate Market is Expected to Grow at an Impressive CAGR by 2028
Stratview Research delivers key insights into the global Polycarbonate Market. According to Stratview Research, the market is segmented by Application Type (Transportation, Electrical & Electronics, Construction, Packaging, Consumer Goods, Optical Media, Medical Devices, and Others) and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
Market Insights
The report suggests that the overall polycarbonate market was estimated at USD 21.72 billion in 2021 and is likely to grow at a CAGR of 5.59% during 2022-2028 to reach USD 31.91 billion in 2028.
The demand for polycarbonates is driven mainly by the increasing demand from the automotive industry.
What is polycarbonate?
Polycarbonates can be defined as a group of thermoplastic polymers that contain carbonate groups in their chemical structures. Such materials are strong and some grades are even optically transparent. The utility of polycarbonate is endless that includes transportation, electrical & electronics, construction, and packaging to name a few.
Key Players
The following are some of the key players in the Polycarbonate Market:
- SABIC
- Bayer Materialscience Ag
- Teijin Ltd.
- Mitsubishi Engineering-Plastics Corporation
- Chi Mei Corporation
- Formosa Chemicals & Fiber Corporation
- LG Chem Ltd.
- Samsung Sdi Co., Ltd.
- Thai Polycarbonate Co. Ltd.
- Trinseo LLC
FREQUENTLY ASKED QUESTIONS
The report answers several questions related to the market. The user can get to know the answers to the following questions…
- What is the global demand for the Polycarbonate Market in terms of revenue?
- Which are the prominent players in the market?
- At what CAGR is the market projected to grow within the forecast period?
- What are the driving factors fuelling the growth of the market?
- Which region accounted for the largest share of the market?
- How did the Covid19 impact the market?
- How long will it take to recover from the Covid impact?
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- Appropriate market trend and forecast analysis.
- All-inclusive report
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- Reliable data
- Attractive market segments and associated growth opportunities.
- Customised report services
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Stratview Research is a leading global market research firm providing expert research solutions, trusted by clients worldwide. To keep our clients ahead of the curve, we provide data backed by extensive market research and in-depth industry knowledge. The broad spectrum of integrated insights is referred to, and cited by press releases, interviews with key players, white papers, journals, etc. Stratview Research also offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please connect with our team.
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