Asia-Pacific Polycarbonate market estimated to cross US$10,000 mln by 2019

13-Apr-15
Asia-Pacific Polycarbonate market is estimated to reach US$10,593.1mln by 2019, at a CAGR of 7.8% from 2014 to 2019, as per a report by MicroMarket Monitor. Flexibility, impact resistance, optical properties and exceptional light transmission intensity are some of the major features that creates an upsurge in the demand for polycarbonate. Polycarbonate is a polymer, which is mainly used as an engineering thermoplastic. It is also used across various industry verticals, such as automotive, consumer electronics, optical media, and others. Polycarbonate is basically used as a raw material in these industries for various purposes. For instance, it is used to manufacture cars as they are heat resistant and lightweight. These properties increase the demand of polycarbonate in the industries. This in turn drives the Asia-Pacific polycarbonate market. The key players in the Asia-Pacific polycarbonate market are Teijin Limited. (Japan), Bayer Material Science AG (China), Samsung SDI Chemicals and Electronics Material Incorporation. (South Korea), Mitsubishi EngineeringPlastics Limited. (Japan), and others.
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