This report is based on the latest findings from a leading research group. This report has forecast growth in the polycarbonate market in China (including Hong Kong) on a compounded basis between 2002 and 2008.
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Overall demand in China and Hong Kong is set for a 10.4% growth and is forecast to rise from 293,000 tons in 2002 to 530,000 tons in 2008. The fastest growing market is forecast to be optical media, where annual compounded growth of 16.7% is expected. This application will benefit through increased production of recordable media in China, while recorded disc piracy will continue to contribute to overall demand. Construction sector will be a rapidly growth segmnet as a result of increased infrastructure spending and private home ownership, with growth forecast to average 15.7% through to 2008. Growth in the electrical/electronic and office automation equipment sector will be slowest, but supported by increased notebook computer and liquid crystal display and TV production in China.

With new polycarbonate capacity scheduled to come on stream in 2006 in China and elsewhere, demand
growth in China will play a key role in determining the global supply/demand balance. Assuming the China based plants of Bayer and Teijin are operating on a commercial basis in 2006, an average global operating rate (based on nameplate capacity) of 62% in 2006, and 67% in 2008 is forecast.
The agencies have updated their recent report, "Polycarbonate in China - 2004" (initially released in 2003) to reflect these latest findings gathered through extensive supplier, trader, and end user interviews in China in November and December of 2003. Polycarbonate in China - 2004 is currently available for sale.

Besides analysis of market growth, the 134-page report includes extensive information on the activities of key polycarbonate end users in China. It includes lists of compounders, polycarbonate sheet extruders, notebook computer manufacturers, and optical media replicators in China, for example. Demand forecasts for other Asian countries (Japan, Taiwan, South Korea, ASEAN countries) are also included.

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