Italy Polycarbonate Market Size & Outlook, 2022-2030
Italy polycarbonate market, 2018-2030 (US$M)
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Italy polycarbonate market highlights
- The Italy polycarbonate market generated a revenue of USD 433.7 million in 2022 and is expected to reach USD 543.8 million by 2030.
- The Italy market is expected to grow at a CAGR of 2.9% 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 433.7 million |
| Market revenue in 2030 | USD 543.8 million |
| Growth rate | 2.9% (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, Italy accounted for 2.4% of the global polycarbonate market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany polycarbonate market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 481.6 million by 2030.
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Polycarbonate Market Scope
Polycarbonate Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy 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 24.86% in 2022. Horizon Databook has segmented the Italy 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.
The polycarbonate market in Italy is expected to witness new investments by OEMs in light of increased spending by automotive manufacturers for new components. This is anticipated to boost the consumption of polycarbonate in automotive and industrial machinery industries over the forecast period.
Italian construction industry is expected to grow on account of favorable government policies for foreign direct investment (FDI) in manufacturing sector. Furthermore, government initiatives for investment in energy and residential & commercial construction projects are expected to fuel the demand for polycarbonate over the forecast period.
Polycarbonate manufacturers are engaged in brand changes for deeper market penetration. For instance, in June 2021, Exolon Group's major brand change began. The group announced that its polycarbonate sheets will be manufactured and sold under a new brand name, Exolon, made from Makrolon.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy polycarbonate market , including forecasts for subscribers. This country databook contains high-level insights into Italy polycarbonate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy polycarbonate market size, by end use, 2018-2030 (US$M)
Italy Polycarbonate Market Outlook Share, 2022 & 2030 (US$M)
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