What is Polycarbonate Films?
Polycarbonate films provide high-temperature resistance as well as good workability for secondary processes namely embossing, thermoforming, die-cutting and others. Some of the features of polycarbonates are high optical clarity, electrically resistant, resist high impact forces, tolerance of higher temperatures, among others. It provides high impact strength & toughness and can be easily thermoformed, or cold-formed. Polycarbonate films are widely preferred in the automotive industry, due to its various advantages such as lightweight and durable cars. For instance, in 2017, according to the Government of the United States, more than 14.8 million automobiles were registered in California. Hence, increasing usage of polycarbonate films in automobiles industry and growing demand for recyclable plastics worldwide are some of the factors driving the market.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Billion) |
Key Companies Profiled | BASF SE (Germany), Dow Chemical Company (United States), Mitsubishi Gas Chemical Company (Japan), 3M Company (United States), SABIC (Saudi Arabia), Covestro AG (Germany), Teijin Chemicals Ltd (Japan), Suzhou Omay Optical Materials (China), General Electric Company (United States) and United States Plastic Corp. (United States) |
CAGR | 6.8% |
Global polycarbonate films market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. Some of the major players operating in the market are BASF SE (Germany), Dow Chemical Company (United States), Mitsubishi Gas Chemical Company (Japan), 3M Company (United States), SABIC (Saudi Arabia), Covestro AG (Germany), among others. Analysts at AMA Research estimates that Vendors from United States and China will contribute to the maximum growth of Global Polycarbonate Films market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
BASF SE (Germany), Dow Chemical Company (United States), Mitsubishi Gas Chemical Company (Japan), 3M Company (United States), SABIC (Saudi Arabia), Covestro AG (Germany), Teijin Chemicals Ltd (Japan), Suzhou Omay Optical Materials (China), General Electric Company (United States) and United States Plastic Corp. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Wiman Corporation (United States), Rowland Technologies, Inc. (United States), Suzhou Omay Optical Materials Co., Ltd. (China) and Sabic (Saudi Arabia).
The market study is broken down by Type (Optical PC Films, Flame Retardant PC Films, Weatherable PC Films and Others), by Application (Lenses, Industrial Equipment and Housing Components, Instrument Components, Electrical Insulators and Connectors, Automotive Parts, Outer Shell for Luggage and Others) and major geographies with country level break-up.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Polycarbonate Films market by Type, Application and Region. On the basis of Type, Optical PC Films are dominating the market in the year 2021
On the basis of geography, the market of Polycarbonate Films has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia-Pacific region held largest market share in the year 2021. If we see Market by Distribution Channel , the sub-segment i.e. Online will boost the Polycarbonate Films market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Vertical, the sub-segment i.e. Electrical Industry will boost the Polycarbonate Films market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Hardness, the sub-segment i.e. Soft will boost the Polycarbonate Films market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In September 2019, the Mitsubishi Gas Chemical Company (Japan) Company has launched Iupizeta EP-10000, which is a polycarbonate resin for smartphone camera lenses. Hence, this launch has helped the company to strengthen and diversify its business and product portfolio on a global scale.
Market Trend
- Technology Advancement regarding Polycarbonate Films
Market Drivers
- Increasing Use of Polycarbonate Films in Various Industries
- Growing Demand for Recyclable Plastics across the World
Opportunities
- Rising Demand of Electrification in the Automotive Industry
- Growing Demand from Emerging Economics such as China, India, among others
Restraints
- Issue related to Difficulty of Setting up Polycarbonate Resin Plant
Challenges
- Problem Related To Shortage of Raw Materials
Key Target Audience
Polycarbonate Film Companies, Research and Development Companies, Government Regulatory Authorities, Product Sales and Distribution Companies, Market Research and Consulting Firms and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.