Australia Polycarbonate Market Size & Outlook, 2022-2030
Australia polycarbonate market, 2018-2030 (US$M)
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Australia polycarbonate market highlights
- The Australia polycarbonate market generated a revenue of USD 502.4 million in 2022 and is expected to reach USD 745.3 million by 2030.
- The Australia market is expected to grow at a CAGR of 5.1% from 2023 to 2030.
- In terms of segment, electrical & electronics was the largest revenue generating end use in 2022.
- AUTOMOTIVE is the most lucrative end use segment registering the fastest growth during the forecast period.
Polycarbonate market data book summary
| Market revenue in 2022 | USD 502.4 million |
| Market revenue in 2030 | USD 745.3 million |
| Growth rate | 5.1% (CAGR from 2022 to 2030) |
| Largest segment | Electrical & electronics |
| Fastest growing segment | AUTOMOTIVE |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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 |
Other key industry trends
- In terms of revenue, Australia accounted for 2.7% of the global polycarbonate market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China polycarbonate market is projected to lead the regional market in terms of revenue in 2030.
- Indonesia is the fastest growing regional market in Asia Pacific and is projected to reach USD 376.4 million by 2030.
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Polycarbonate Market Scope
Polycarbonate Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia polycarbonate market outlook
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 24.8% in 2022. Horizon Databook has segmented the Australia 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.
Expansion of the leisure and hospitality building sector is also expected to boost investments in Australia as the country works to expand its tourism sector. Coupled with the growing agriculture sector as well as manufacturing industries, the region is expected to witness a rise in polycarbonate demand in the short term.
The electrical & electronics market is likely to remain an important and fast-growing application for Australia, owing to high consumer interest in advanced, miniaturized, and safe gadgets and wearables. Polycarbonate is increasingly being utilized in various electronics to impart higher stability and durability to products.
Construction remains an important application scope in Australia. With the rise in infrastructure, the consumption of electricity has significantly increased which has directly led to greenhouse emissions. Various appliances and fixtures in the construction market are being modified or manufactured from polycarbonate sheets to ensure high sustainability and safety features.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia polycarbonate market , including forecasts for subscribers. This country databook contains high-level insights into Australia polycarbonate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia polycarbonate market size, by end use, 2018-2030 (US$M)
Australia Polycarbonate Market Outlook Share, 2022 & 2030 (US$M)
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