India Polycarbonate Market Size & Outlook, 2022-2030
India polycarbonate market, 2018-2030 (US$M)
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India polycarbonate market highlights
- The India polycarbonate market generated a revenue of USD 1,270.6 million in 2022 and is expected to reach USD 1,842.3 million by 2030.
- The India market is expected to grow at a CAGR of 4.8% 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 1,270.6 million |
| Market revenue in 2030 | USD 1,842.3 million |
| Growth rate | 4.8% (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, India accounted for 6.9% 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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India 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 25.33% in 2022. Horizon Databook has segmented the India 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.
India is fast growing in terms of the construction industry owing to the renovation of old buildings across the country. Along with the residential buildings, India is increasingly spending on commercial buildings which are driving the polycarbonate market in the region owing to its widespread applications in skylight, roofing, and cladding.
The Indian construction market is anticipated to grow at a rapid rate over the forecast period, owing to the current government. Construction is the second-largest contributor to the GDP after agriculture and employs over 35 million people in India. The rising population and globalization are likely to generate the need for infrastructural development.
The government is focusing more on infrastructure development to improve trade relations globally and cope with the increasing population. Additionally, positive developments in regional economic conditions are likely to foster developments in the automotive & electronics sector, which, in turn, is expected to drive the polycarbonate market.
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Our clientele includes a mix of polycarbonate market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India polycarbonate market , including forecasts for subscribers. This country databook contains high-level insights into India polycarbonate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India polycarbonate market size, by end use, 2018-2030 (US$M)
India Polycarbonate Market Outlook Share, 2022 & 2030 (US$M)
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