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The global polycarbonate market size reached USD 21.50 Billion in 2021 and is expected to register a revenue CAGR of 5.6% during the forecast period, according to latest analysis by Emergen Research. Polycarbonate market revenue growth is driven by factors such as rising demand for spike temperature resistance, flexibility & toughness in thin sections, growing demand from electric vehicles and the medical industry, and the development of bio-based polymers.
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Polycarbonate Market Size Worth USD 35.41 Billion in 2030 Polycarbonate MarketSize – USD 21.50 Billion in 2021, Market Growth – at a CAGR of 5.6%, Market Trends – Rising demand for polycarbonate from the electric vehicle industry www.emergenresearch.com . 2
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Market Summary The global Polycarbonate Market size reached USD 21.50 Billion in 2021 and is expected to register a revenue CAGR of 5.6% during the forecast period, according to latest analysis by Emergen Research. Polycarbonate market revenue growth is driven by factors such as rising demand for spike temperature resistance, flexibility & toughness in thin sections, growing demand from electric vehicles and the medical industry, and the development of bio-based polymers. Polycarbonates (PC) are a class of thermoplastic polymers with chemical structures that contain carbonate groups. Polycarbonates are strong, durable materials that are optically transparent in some grades. They are simple to work with, mold, and thermoform. There is an increasing need for spike temperature resistance and polycarbonate is suitable for usage in building and household items. Polycarbonate will not melt, shatter, or absorb heat at temperatures up to 1166 degrees Fahrenheit for several hours. The traditional glass melts at high temperatures and breaks easily, making it a safety hazard in many situations. Polycarbonate, in contrast to acrylic, retains its strength and transparency even after being subjected to greater temperatures for longer. Polycarbonate preserves its properties over a wide range of temperatures, from -20 to 140 degrees Celsius. It has a glass transition temperature of around 147°C, and above 155°C it gradually softens and flows. Standard polycarbonate plastics are not suitable for prolonged exposure to Ultraviolet (UV) light and may become brittle. Read More : https://www.emergenresearch.com/industry-report/polycarbonate-market www.emergenresearch.com
Market Summary Some Key Findings From the Report: Polycarbonate sheet segment accounted for a major revenue share in 2021. Polycarbonate sheets have substituted glass & acrylic in several applications. These sheets come in an assortment of grades and thicknesses. Compared to glass, they are significantly lighter, more robust, and immune to breaking and cracking. Traditionally, this material was mainly utilized for commercial projects owing to its prohibitive cost. Only upscale restaurants, cafes, lounges, and workplaces possessed a polycarbonate roof. Injection molding segment accounted for a moderate revenue share in 2021. The most prevalent method for creating polycarbonate and polycarbonate blend components is injection molding. In order to reduce polycarbonate's viscosity, it is routinely heated to high temperatures. In this procedure, the polymer melt is forced into a mold under tremendous pressure. When the mold cools, it imparts the desired shape and qualities to the molten polymer. This process is typically used to manufacture polycarbonate bottles and plates among others. Medical device segment accounted for a significant revenue share in 2021. Polycarbonate is presently one of the most widely used and thoroughly proven synthetic thermoplastic substances in the medical device sector. Its inherent tensile strength, high thermal deformation temperatures, and high rigidity make it an ideal material for demanding vital healthcare applications. Request Free Sample @ https://www.emergenresearch.com/request-sample/1335 www.emergenresearch.com
Market Summary • Market Segmentation: • Type Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019–2030) • Plates • Sheets • Films • Foil • Strip • Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019–2030) • Electronics & Electrical • Automotive • Packaging • Consumer Goods • Grades Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019–2030) • Injection Molding • Extrusion • Request customization @ https://www.emergenresearch.com/request-for-customization/1335
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