MarketResearch.biz announces publication of its most recently generated research report titled, “Global PC Compounding Market by Product Type (PC/ABS, PC/PBT, PC/ASA, PC/PMMA, and PC/PET), by Application (Automotive, Appliance, Electronics, Industrial Parts, Healthcare Parts, and Others) and Region/Country (US, Europe, China, Japan, South Korea, Taiwan, and Rest of the World). Global Forecast to 2028.”, which offers a holistic view of the PC compounding market through systematic segmentation that covers every aspect of the target market. The later four-year cumulative revenue (2018–2021) is projected to be more than US$ 19 Bn, which is expected to increase rather significantly over the first part of the four-year forecast period.
Global PC Compounding Market: Definition
Polycarbonate is a thermoplastic polymer containing a carbonate group in its chemical structure. These polymers are widely used in engineering and are durable, tough materials, with some grades being optically transparent, and can be easily molded and thermoformed.
Browse the full “PC Compounding Market By Product Type (PC/ABS, PC/PBT, PC/ASA, PC/PMMA, and PC/PET), By Application (Automotive, Appliance, Electronics, Industrial Parts, Healthcare Parts, and Others), and Region – Global Forecast to 2025” report at https://marketresearch.biz/report/pc-compounding-market/
Global PC Compounding Market: Market Dynamics
PC compounds find major applications in electrical appliances, owing to its unique properties such as high dielectric strength, tracking resistance, and high volume resistivity. These compounds slightly decrease when temperature or humidity goes up, that offers excellent retention of properties in typical operating conditions. This unique combination of electrical insulation behavior and mechanical properties, polycarbonate blends are majorly used in production of electric and electronic devices such as connectors, laptop cases, keyboards, monitors, mobile phones, lighting, mobile chargers, battery boxes, and household appliances, etc., which is expected to bolster growth of the global market over the forecast period.
Additionally, increasing demand for PC compounds across various automotive applications is also anticipated to drive growth of the global PC compounding market.
Rising adoption for PC compounds in household appliances such as coffee maker housings, dishwasher components, knobs, connectors, fans, and turbines coupled with consumer products such as lawn and garden equipments, furniture, office and travel accessories, household containers, and in soft toys which in turn expected to support growth of the target market over the forecast period.
However, stringent government regulations regarding the use of materials for windshield glazing applications is expected to hamper demand for PC compounds and restrain growth of the target market over the forecast period.
Global PC Compounding Market: Market Forecast
The comprehensive research report comprises a complete forecast of the global PC compounding market based on factors affecting the market and their impact in the foreseeable future. According to the forecast projections, revenue from the global PC compounding market is expected to register a CAGR of 4.7% during the forecast period.
Global PC Compounding Market: Segmental Snapshot
The market report has been segmented on the basis of product type, application, and region. The product type segment includes PC/ABS, PC/PBT, PC/ASA, PC/PMMA, and PC/PET. The application segment includes automotive, appliance, electronics, industrial parts, healthcare parts, and others. The region/Country includes the US, Europe, China, Japan, South Korea, Taiwan, and Rest of the World.
By Product Type: The PC/ABS segment dominates the global market in terms of revenue and also anticipated to register a significant CAGR of over 5% over the forecast period in the global market
By Application: The automotive segment is expected to register highest revenue share and a significant CAGR of over 4.9% over the next 10 years
By Region/Country: The market in China is accounted for leading share in terms of revenue and expected to register a highest CAGR of over 5.3% in the global PC compounding market
Global PC Compounding Market: Competitive Analysis
The research report on the global PC compounding market includes profiles of some of the major companies such as Mitsubishi Chemical Holdings Corporation, GRUPO REPOL, Polyram Plastics Industries Ltd., DowDuPont Inc. (E. I. du Pont de Nemours and Company and The Dow Chemical Co.), Formosa Chemicals & Fibre Corporation, MRC Polymers, Inc., Covestro AG, Saudi Basic Industries Corporation, Teijin Limited, LOTTE Chemical Corporation (LOTTE Advanced Materials CO., LTD.), Chi Mei Corporation, Daicel Corporation, RTP Company, Inc., PolyOne Corporation, Gardiner compounds Ltd., Ever Plastic Co. Ltd., Shanghai Kumho Sunny Plastics Co., Ltd., Kingfa Sci. & Tech. Co., Ltd., Silver Age Sci & Tech Co., Ltd., ZHEJIANG JUNER NEW MATERIALS INC., Shanghai PRET Composites Co., Ltd., Qingdao Gon Technology Co., Ltd., Shenzhen WOTE Advanced Materials Co., Ltd., Novalca S.r.l, Sparsh Polychem Private Limited, Shenzhen Fuheng New Materials Co., Ltd., Guangzhou Jusailong Engineering Plastics Co., Ltd., Nord Color S.p.A, Jiangsu Ginar Plastic Technology Co., Ltd., Polyrocks Chemical Co., Ltd., Nevicolor SpA, ALTEX s.r.l., ANSA TERMOPLASTICI S.R.L., LG Chem, Ltd., and Sumitomo Chemical Co. Limited.
The Global PC Compounding Market: Global Industry, Size, Share, Growth, Trends, and Forecast, 2019–2028 report has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the global PC Compounding market for 2018–2028.
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