Spain Polycarbonate Market Size & Outlook, 2022-2030
Spain polycarbonate market, 2018-2030 (US$M)
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Spain polycarbonate market highlights
- The Spain polycarbonate market generated a revenue of USD 369.2 million in 2022 and is expected to reach USD 481.6 million by 2030.
- The Spain market is expected to grow at a CAGR of 3.4% 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 369.2 million |
| Market revenue in 2030 | USD 481.6 million |
| Growth rate | 3.4% (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, Spain accounted for 2.0% 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 |
|---|
Spain 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 24.89% in 2022. Horizon Databook has segmented the Spain 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.
Manufacturers are engaged in utilizing renewable energy to run their production facilities owing to stringent regulations and environmental concerns. For instance, in August 2020, following the signing of a major agreement, SABIC’s polycarbonate production plant in Cartagena, Spain became the first major chemical production site to entirely function on renewable power.
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Target buyers of Spain polycarbonate market databook
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Our clientele includes a mix of polycarbonate market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Spain polycarbonate market , including forecasts for subscribers. This country databook contains high-level insights into Spain polycarbonate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain polycarbonate market size, by end use, 2018-2030 (US$M)
Spain Polycarbonate Market Outlook Share, 2022 & 2030 (US$M)
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