Polycarbonate Composites Market: Global Opportunity Analysis and Industry Forecast 2020–2027
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A07012
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Sep 2020 |
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COVID-19
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Get detailed COVID-19 impact analysis on the Polycarbonate Composites Market: Global Opportunity Analysis And Industry Forecast 2020–2027 Market
Request Now !Polycarbonate Composites Market Analysis 2020-2027:
Polycarbonate is a composite, which can be specifically made from polyvinyl in combination with glass, mineral, carbon, and graphene. Polycarbonate composites exhibit specific mechanical properties, including heat resistance, dimensional stability, high tensile strength, and exceptional insulation. Thus, they are extensively utilized for manufacturing strong, tough materials, optically transparent sliders in numerous business sectors. The global polycarbonate composites market is expected to grow at a notable rate in the coming few years, due to surge in demand from the end-user industries. They are broadly used within the electronics, construction, machinery, packaging, and transportation industries. Automobile manufacturers are demanding polycarbonate composites attributable to their lightweight properties. In addition, they are used in the manufacturing of bumpers, bullet-proof glasses, side windows, and headlamp lenses in the automobile industry.
Market scope and structure analysis
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Report Metric |
Details |
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Market size available for years |
2019–2027 |
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Base year considered |
2019 |
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Forecast period |
2020–2027 |
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Forecast units |
Million (USD) |
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Segments covered |
Reinforcement, End User, and Region |
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Regions covered |
North America (U.S., Canada, and Mexico) Europe (Germany, France, Italy, Spain, UK, and rest of Europe) Asia-Pacific (China, India, Japan, South Korea, Australia, and rest of Asia-Pacific) Latin America (Brazil, Argentina, and rest of Latin America) Middle East & Africa (Saudi Arabia, UAE, South Africa, and rest of Middle East & Africa) |
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Companies covered |
SABIC (Saudi Arabia) Chi Mei Corporation (China) Asahi Kasei Advance Corporation (Japan) Formosa Chemicals & Fibre Corporation (China) LG Chem (South Korea) Trinseo (U.S.) Teijin Limited (Japan) Mitsubishi Chemical Corporation (Japan) Samyang Corporation (South Korea) Nudec (Spain) The Bond Laminates GmbH (Germany) Covestro (Germany) |
By Reinforcement
- Glass Fiber Filled
- Carbon Fiber Filled
- Others
By End User
- Consumer Electronics
- Medical Instruments
- Automotive Plastics
- Electrical Engineering
- Packaging Plastics
- Building & Construction
- Others
COVID–19 impact analysis
The novel coronavirus has severely affected the growth of automobiles industry. The worldwide lockdown has reduced the overall demand for automobiles. In addition, governments across various countries have implemented travel ban, which reduced the demand for automobiles. Moreover, supply chain disruptions have led to decline in the demand for automobiles and has negatively impacted the growth of the packing industry. International travel ban has reduced the import and export activities, which, in turn, is anticipated to reduce the overall demand for polycarbonate composites in the packaging industry.
Market scenario analysis
The expansion of the medical industry is expected to be a major driving factor of the polycarbonate composites market growth in the coming years. Polycarbonate composites are gaining momentum, due to prominent investments by companies in medical infrastructure and in R&D for improvising existent products. Polycarbonate composites have potential applications in disposable in addition to re-usable clinical gadgets, which include patient transport devices, surgical devices, medical tool housings, and fixation gadgets. The automobile industry held a considerable share in the global polycarbonate composites market, owing to the fact that automobile companies are shifting their preference toward lightweight but high-performing materials to replace heavy steel components in vehicle body. Researchers are specializing in reinforcing various materials with polycarbonate to impart exceptional strength to weight ratio in the composites. This is predicted to increase demand for polycarbonate composites during the forecast period. However, plastic usage in most applications is expected to hamper the growth of the of the polycarbonate composites market.
Regional insights
Region wise, the global polycarbonate composites market is analyzed across North America, Asia-Pacific, Latin America, Europe, and the Middle East & Africa. The Asia-Pacific market is anticipated to dominate the market, due to increase in use of polycarbonate composites in automobiles in this region. In addition, development of the consumer electronics market in North America and Europe significantly contribute toward the market growth. Furthermore, high demand has been witnessed for handheld gadgets, small bot, and tablets in these regions, which has notably pushed polycarbonate composites application in consumer electronics in the past few years.
Key benefits of the report
- This study presents the analytical depiction of the global polycarbonate composites industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global polycarbonate composites market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years.
Questions answered in the global polycarbonate composites market research report:
- Which are the leading market players active in the global polycarbonate composites market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What are the projections for the future that would help in taking further strategic steps?
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
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