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Showing posts with the label polycarbonate market forecast

Global Polycarbonate (PC) Market to Reach US$19.3 Billion by 2032

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According to Industry Experts, Inc's new global market research report, the global Polycarbonate (PC) market is expected to reach US$19.3 billion by 2032, growing from US$14.7 billion in 2025. The market is forecast to register a value CAGR of 3.9%, during the forecast period. Polycarbonate continues to be one of the most important engineering thermoplastics used across diverse industries due to its high impact resistance, transparency, heat resistance, and design flexibility. These properties make it a preferred material in automotive, electronics, construction, appliances, and industrial applications worldwide. The report highlights that Electrical & Electronics remains the largest application segment, accounting for more than 28% of global consumption in 2025. Demand from the sector continues to be supported by the broad use of polycarbonate in electronic housings, electrical components, connectors, and consumer devices. Automotive & Transportation is pr...

Automotive & Transportation and Building & Construction to Lead Global Market Demand for Polycarbonate (PC) Resins

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Industry Experts, Inc. unveiled the market research report " Polycarbonate (PC) – A Global Market Overview ". As per this new report, the global market for PC resin will reach US$15 billion in 2023. Electrical & Electronics application is expected to account for a lion’s share of about 29% in terms of volumes in metric tons in the same year. Polycarbonate are used in a wide variety of applications including optical storage media, electronic equipment, automobiles, construction, greenhouses, exterior lighting fixtures, sports safety equipment, and medical devices. Polycarbonate products are often found in electronics which make use of their electrical insulating, heat-resistant and flame-retardant properties. Due to their impact resistant and smooth surfaces make them well suited for use in automotive headlamp lens covers. Demand for Polycarbonate (PC) resins worldwide was declined by 2.4% year-over-year in 2020 due to reduction in demand from automotive & transporta...