The North America polycarbonate market, along with its end products, has witnessed a stable growth in the past and this growth is estimated to increase in the coming years. Polycarbonate is one of the most widely used engineering thermoplastics in various end use segments, such as automotive, consumer goods, electrical & electronic, medical, optical media, packaging, sheet film, and others (aerospace, gadgets).
The flexibility, impact resistance, optical properties, and exceptional light transmission properties are some of the features that increase the demand for polycarbonate. Upcoming technology & implementation of innovative techniques for its use will be the key influencing factors for the North America polycarbonate market.
The North American polycarbonate market constitutes 16.0% of the global polycarbonate market and is projected to have 14.8% market share by the end of 2019. The consumption of polycarbonate in North American region was 499.4 KT in 2014, and is projected to witness a CAGR of 3.2% to reach 586.2 KT by 2019. Overall, the North American polycarbonate market is estimated to reach $2474.0 million by 2019 with a CAGR of 5.3%.
The polycarbonate market is witnessing growth which is expected to continue in the near future, mainly driven by the intense efforts at country level. Considerable amount of investments are made by various market players to serve the end-user applications industry in the future. The North America region for the polycarbonate market accounted for about 16% market share of the total global demand in 2014. The region is further expected to show a high growth in the future, mainly due to innovation and technological advancements & adaptability of polycarbonate in leading end-user markets.
Almost 20% of the total polycarbonate demand was from the sheet/films applications in 2012, with the automotive and consumer goods industry also being the fastest growing end-use segments, primarily due to high penetration in the North America region.
The drivers of the industry are increasing demand of consumer electronics & gadgets, large scale demand of LED/LCD market, and the increasing penetration with emerging applications in other end use segments.
This study aims to analyze and estimate the North America polycarbonate market . Thereport provides a detailed qualitative and quantitative analysis of the market. Various secondary sources, such as encyclopedias, directories, industry journals, and databases were referred to identify and collect information useful for this extensive commercial study.
Scope of the report:
This research report categorizes the global market for polycarbonate on the basis of applications, and country along with forecasting volume, value, and analyzing trends.
On the basis of applications:
- Automotive
- Consumer Goods
- Electrical & Electronic
- Medical Equipments
- Optical Media
- Packaging
- Sheet Film
- Others (Aerospace, Gadgets)
On the basis of country:
- U.S.
- Canada
- Mexico
Polycarbonates are one of the most widely used engineering thermoplastics that are derived from carbonate monomers. Owing to the flexibility, impact resistance, optical properties, and exceptional light transmission properties, it is positioned between commodity and engineering plastics.
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