Polycarbonate (PC) is a lightweight, high-performance thermoplastic polymer that possesses a unique balance of excellent electrical resistance, dimensional stability, optical clarity, high heat resistance, and toughness. Due to its versatile properties, the applications for PC are many and its consumption is very high. Because of its high consumption, PC is often positioned between engineering plastics and commodity plastics. PC is most often synthesized from bisphenol A and phosgene by a step-growth polymerization process, which is also known as condensation process. Another process to develop PC is the melt process, which is a non-phosgene process and uses CO2 as the starting material. Some of the major applications for PC include electrical & electronics, optical media, consumer, and automotive. China is the country with most consumption of PC, globally.
Browse 69 market data tables and 56 figures spread through 200 pages and in-depth TOC on “Polycarbonate Resin Market"
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The major drivers contributing towards the growth of the PC market are:
- Growing demand for Blu-Ray discs
- Growing demand from the automotive industry
The Global Polycarbonate Resin Market is expected to grow at a good pace during the forecasted period. The market is mainly driven by the increased consumption of PC in the automotive industry.
Asia-Pacific is the largest market for PC, and this region had accounted for 61.1% of the global PC market demand in 2014. The shift of various end-use industries of PC from western regions to the Asia-Pacific due to low labor cost, easy availability of raw materials, and lack of stringent regulations are the major factors driving the growth of PC market in Asia-Pacific. Western Europe is the second-largest market for PC, followed by North America.
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