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

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

  • Submitted By: MOHITTMR
  • Date Submitted: 07/22/2016 12:30 AM
  • Category: Business
  • Words: 1353
  • Page: 6

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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...

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