U.S. Polycarbonate Market Size & Outlook, 2022-2030
U.S. polycarbonate market, 2018-2030 (US$M)
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U.S. polycarbonate market highlights
- The U.S. polycarbonate market generated a revenue of USD 2,156.8 million in 2022 and is expected to reach USD 2,739.5 million by 2030.
- The U.S. market is expected to grow at a CAGR of 3% 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 2,156.8 million |
| Market revenue in 2030 | USD 2,739.5 million |
| Growth rate | 3% (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, U.S. accounted for 11.8% of the global polycarbonate market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. polycarbonate market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 2,739.5 million by 2030.
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Polycarbonate Market Scope
Polycarbonate Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 25.41% in 2022. Horizon Databook has segmented the U.S. 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 U.S. consumer electrical & electronics industry has witnessed rapid growth in recent years due to the increasing demand for smart electronic gadgets such as phones, wearable gadgets, watches, jewelry, and others. In addition, the growing demand for corrosion-resistant, lightweight, and durable products from consumers is expected to open new avenues for polycarbonate over the forecast period.
Rising interest in indoor activities, such as gaming, in recent years across the country has propelled the demand for gaming consoles among young and adult populations. The demand for polycarbonate is expected to witness significant growth over the forecast period on account of increasing usage in consumer goods and packaging applications.
Polycarbonate is utilized in consumer goods applications including garden equipment, water bottles, water dispensers, sporting goods, and others. Increasing reliability of polycarbonate owing to its cost-effectiveness, durability, and appearance is expected to propel the product demand over the forecast period.
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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 U.S. polycarbonate market , including forecasts for subscribers. This country databook contains high-level insights into U.S. polycarbonate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. polycarbonate market size, by end use, 2018-2030 (US$M)
U.S. Polycarbonate Market Outlook Share, 2022 & 2030 (US$M)
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