Key players in the North America Polycarbonate Market include Centroplast Engineering Plastics GmbH, Royal DSM, and Asahi Kasei Chemical Corporation.Bayer MaterialScience AG, Chi Mei Corporation, Trinseo (Styron).
(PRWEB) March 12, 2015
The North America polycarbonate Market is significantly penetrating in end-use industries. Polycarbonates have different characteristics as per the manufacturing and application requirement in the end products.
Browse through the TOC of North America Polycarbonate Market for an analysis of industry trends and segments, with the help of various tables and figures.
The North American region is expected to dominate this market with its growing demand for polycarbonate in different applications, especially the consumer goods, electronics, and sheet/films industries. The North American market is estimated to register decent growth in coming years with the allied industries expected to stabilize the overall business need in the respective regions.
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Investments and expansions are the key strategies adopted by the market players in this region. The manufacturing companies, associations, and end-product manufacturers infuse high investments for future advancements and technology modifications of polycarbonate to match the new demands coming from various end-user industries.
North America is growingboth in terms of volume and value, followed by Europe and Asia-Pacific. The U.S., Mexico, and Canada are expected to persist as successful polycarbonate markets. Key players in the North America polycarbonate market are Bayer Material Science AG (Germany), SABIC IP. (U.S.), Trinseo (U.S.), and others.
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The North America polycarbonate market was valued at $1908.0 million in 2014. It is estimated to reach $2474.0 million by 2019, registering a CAGR of 5% between 2014 and 2019. The high demand across various industries, such as Consumer goods, Sheet/films, Automative, Electricals & Electronics, Medical Equipments, Optical media, Packaging, and others will increase the overall polycarbonate consumption.
Asia-Pacific Polycarbonate Market
Polycarbonate replaces materials that are usually used for their optical transmission properties. It has been observed to make effective compounded plastics when blended with other engineering plastics.
The Asia-Pacific polycarbonate market is witnessing high growth because of the growing demand from end-user applications. The polycarbonate market in the Asia-Pacific region is estimated to reach $11,452.20 million by 2019, growing at a CAGR of 7.8% from 2014 to 2019. Asia-Pacific Polycarbonate Market is majorly driven by factors such as better life expectancy and impact resistance along with exceptional optical transmission which makes the material most preferred in high-end applications in harsh conditions.
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