North America Polycarbonate Market Size & Outlook
North America polycarbonate market, 2018-2030 (US$M)
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North America polycarbonate market highlights
- The North America polycarbonate market generated a revenue of USD 2,579.8 million in 2022.
- The 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 2,579.8 million |
| Market revenue in 2030 | USD 3,246.0 million |
| Growth rate | 2.9% (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 |
Other key industry trends
- In terms of revenue, North America region accounted for 14.1% of the global polycarbonate market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 15,623.9 million by 2030.
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Polycarbonate Market Scope
Polycarbonate Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America 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 25.26% in 2022. Horizon Databook has segmented the North America 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.
North America polycarbonate market accounted for a significant revenue share in 2022. Increasing utilization of polycarbonate sheets as an alternative to glass, owing to its durability, transparency, and rigidity, coupled with the growing automobile industry is expected to boost the growth of polycarbonate in the region.
The polycarbonate market in the region is projected to witness strong growth over the coming years owing to the developed automotive and electronics industries. The presence of prominent automobile manufacturers such as Tesla, Chrysler, Ford, Cadillac, and others in the region coupled with high disposable income is expected to drive the polycarbonate market.
Construction industry in North America is expected to witness considerable growth owing to the high demand for non-residential construction projects including colleges, hospitals, and schools over the coming years. Implementation of the "Affordable Healthcare Act" in March 2010 is also expected to stimulate the construction of a greater number of healthcare units and hospitals in the region.
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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 continent-level data and insights on the North America polycarbonate market , including forecasts for subscribers. This continent databook contains high-level insights into North America polycarbonate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America polycarbonate market size, by country, 2018-2030 (US$M)
North America Polycarbonate Market Outlook Share, 2022 & 2030 (US$M)
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