Market revenue in 2022 | USD 10,713.1 million |
Market revenue in 2030 | USD 15,623.9 million |
Growth rate | 4.8% (CAGR from 2022 to 2030) |
Largest segment | Electrical & electronics |
Fastest growing segment | AUTOMOTIVE |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | PACKAGING, CONSTRUCTION, ELECTRICAL & ELECTRONICS, AUTOMOTIVE, MEDICAL, OTHER END USES |
Key market players worldwide | Covestro AG, Teijin Ltd, Mitsubishi Corp, Trinseo PLC, Idemitsu Kosan Co Ltd, Lotte Chemical, LG Chem, SABIC, Lone Star Chemical, CHIMEI, Entec Polymers, RTP Company |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to polycarbonate market will help companies and investors design strategic landscapes.
Electrical & electronics was the largest segment with a revenue share of 24.95% in 2022. Horizon Databook has segmented the Asia Pacific polycarbonate market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is a highly diversified market for fastest-growing industries such as automotive, construction, consumer goods and others. The major contributors to emerging economies are China, India, Vietnam, and South Korea. The region is characterized by strong agricultural, aviation, and food industries, which demand high polycarbonate consumption.
In emerging economies, the government takes sincere efforts to develop infrastructure such as building hospitals, education hubs, commercial centers, and residential complexes. These factors coupled with the increasing population are expected to drive the demand for polycarbonate in the region.
The automotive and aerospace markets are also witnessing high growth owing to macroeconomic factors such as expanding population and rising consumer disposable income, which is expected to drive the polycarbonate market.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific polycarbonate market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific polycarbonate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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