Global Polycarbonate Market 2019-2023 | Rising Demand From New Technologies to Boost Growth | Technavio

Global Polycarbonate Market 2019-2023 | Rising Demand From New Technologies to Boost Growth | Technavio

LONDON--(BUSINESS WIRE)--Nov 8, 2019--

The global polycarbonate market is expected to post a CAGR of almost 5% during the period 2019-2023, according to the latest market research report by Technavio. Request a free sample report

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191108005219/en/

Technavio has announced its latest market research report titled global polycarbonate market 2019-2023. (Graphic: Business Wire)

End-users across various industries are increasing the use of engineering thermoplastics (ETP) as they exhibit superior mechanical and thermal properties when compared to conventional plastics. For instance, in the construction industry, they are used to manufacture windows, roofs, glazing applications, translucent facades, and others. Similarly, in medical and pharmaceutical applications, ETP is used in the production of cardiovascular, drug delivery, IV access, dialysis, and respiratory devices. The increased use of ETP in various applications is one of the key factors driving the growth of the market.

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR30804

As per Technavio, the rising demand from new technologies will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

Global Polycarbonate Market: Rising Demand from New Technologies

The growing popularity of technologies such as wearables, augmented reality (AR) devices, virtual reality (VR) devices, sensors, and drones are increasing the use of polycarbonate materials. For example, manufacturers of wearable medical devices are increasing the use of polycarbonate materials due to their low weight, high compatibility, durability, and excellent impact resistance. Similarly, polycarbonates are used in the manufacture of VR devices due to their cost-effectiveness, high transparency, and durability. The growing adoption of these devices is positively impacting the growth of the global polycarbonate market.

“Rise in M&A activities and capacity expansion and product development are some other major factors that will boost market growth during the forecast period”, says a senior analyst at Technavio.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Global Polycarbonate Market: Segmentation Analysis

This market report segments the global polycarbonate market by application (electrical and electronics, consumer goods, automotive, construction, and others) and geography (APAC, Europe, MEA, North America, and South America).

The APAC region led the market in 2018, followed by North America, Europe, South America, and MEA respectively. During the forecast period, the APAC region is expected to maintain its dominance over the global market. This is due to the growth of the construction, automotive, electrical and electronics, and healthcare industries in the region.

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:media@technavio.com

KEYWORD:

INDUSTRY KEYWORD: CHEMICALS/PLASTICS MANUFACTURING

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 11/08/2019 08:00 AM/DISC: 11/08/2019 08:01 AM

Copyright Business Wire 2019.

Tags

Download The Press of Atlantic City App

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.

PLEASE BE ADVISED: Soon we will no longer integrate with Facebook for story comments. The commenting option is not going away, however, readers will need to register for a FREE site account to continue sharing their thoughts and feedback on stories. If you already have an account (i.e. current subscribers, posting in obituary guestbooks, for submitting community events), you may use that login, otherwise, you will be prompted to create a new account.

Load comments