Polycarbonate Resin Market

Date: 2016-05

The market for polycarbonate resins is one of the growing markets in the plastic and polymer industrial sector.

The popular brands of polycarbonate resins in the market are:
Lupoy and so on.
The global market for polycarbonate resins is growing at a moderate pace to reach $XXm by 2020 and is projected to grow at a CAGR of around 7% during the forecast period of 2014-2020.The global market for polycarbonate resins has the geographic presence throughout the Americas, Europe, Asia-Pacific and Rest of the world. It is dominated by countries such as the U.S., China, Japan and Western European nations such as U.K., France, Germany and so on. China and the U.S. collectively occupied over 45% of global polycarbonate resins market in 2014. Fastest growth will be exhibited by APAC due to the presence of developing economies of India and China which are exhibiting high adoption rates of polycarbonate in various applications.

The competition from other resins such as polypropylene, ABS and other blended resins is likely to hinder the growth of the global polycarbonate resin market. High initial capital investment and difficulty in obtaining access to technical product licensing and establishment of efficient marketing channel can be listed as the major entry barriers for market penetration.

Electronics and electrical industry is the largest end user of polycarbonate resin market in 2014, accounting for over 20% of the market share. It is followed by building and construction and optical industries. The growth in the global polycarbonate resins market will be driven by the rising need for usage of polycarbonate resins in medical and optical applications owing to the increasing optical lens market. Optical applications include the lens used for digital cameras as well.

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