New York City, NY: Jun 25, 2019 – Published via (Wired Release) – Polycarbonate is a thermoplastic polymer containing a carbonate group in its chemical structure. These polymers are widely used in engineering and are durable, tough materials, with some grades being optically transparent, and can be easily molded and thermoformed.
The later four-year cumulative revenue (2018–2021) is projected to be more than US$ 19 Bn, which is expected to increase rather significantly over the first part of the four-year forecast period. The global PC compounding market is estimated to value at nearly US$ 3.8 Bn in 2019, and is expected to register a CAGR of 4.7% over the forecast period.
PC compounds find major applications in electrical appliances, owing to its unique properties such as high dielectric strength, tracking resistance, and high volume resistivity. These compounds slightly decrease when temperature or humidity goes up, that offers excellent retention of properties in typical operating conditions.
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Global PC Compounding Market: Market Forecast
The comprehensive research report comprises a complete forecast of the global PC compounding market based on factors affecting the market and their impact in the foreseeable future. According to the forecast projections, revenue from the global PC compounding market is expected to register a CAGR of 4.7% during the forecast period.
Global PC Compounding Market: Segmental Snapshot
The market report has been segmented on the basis of product type, application, and region. The product type segment includes PC/ABS, PC/PBT, PC/ASA, PC/PMMA, and PC/PET. The application segment includes automotive, appliance, electronics, industrial parts, healthcare parts, and others. The region/Country includes the US, Europe, China, Japan, South Korea, Taiwan, and Rest of the World.
By Product Type: The PC/ABS segment dominates the global market in terms of revenue and also anticipated to register a significant CAGR of over 5% over the forecast period in the global market
By Application: The automotive segment is expected to register highest revenue share and a significant CAGR of over 4.9% over the next 10 years
By Region/Country: The market in China is accounted for leading share in terms of revenue and expected to register a highest CAGR of over 5.3% in the global PC compounding market
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Global PC Compounding Market: Competitive Analysis
The research report on the global PC compounding market includes profiles of some of the major companies such as Mitsubishi Chemical Holdings Corporation, GRUPO REPOL, Polyram Plastics Industries Ltd., DowDuPont Inc. (E. I. du Pont de Nemours and Company and The Dow Chemical Co.), Formosa Chemicals & Fibre Corporation, MRC Polymers, Inc., Covestro AG, Saudi Basic Industries Corporation, Teijin Limited, LOTTE Chemical Corporation (LOTTE Advanced Materials CO., LTD.), Chi Mei Corporation, Daicel Corporation, RTP Company, Inc., PolyOne Corporation, Gardiner compounds Ltd., Ever Plastic Co. Ltd., Shanghai Kumho Sunny Plastics Co., Ltd., Kingfa Sci. & Tech. Co., Ltd., Silver Age Sci & Tech Co., Ltd., ZHEJIANG JUNER NEW MATERIALS INC., Shanghai PRET Composites Co., Ltd., Qingdao Gon Technology Co., Ltd., Shenzhen WOTE Advanced Materials Co., Ltd., Novalca S.r.l, Sparsh Polychem Private Limited, Shenzhen Fuheng New Materials Co., Ltd., Guangzhou Jusailong Engineering Plastics Co., Ltd., Nord Color S.p.A, Jiangsu Ginar Plastic Technology Co., Ltd., Polyrocks Chemical Co., Ltd., Nevicolor SpA, ALTEX s.r.l., ANSA TERMOPLASTICI S.R.L., LG Chem, Ltd., and Sumitomo Chemical Co. Limited.
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