Global Polycarbonate Market 2014-2018 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-04-30 07:43:02
The Global Polycarbonate market is witnessing the emergence of companies that offer products which are comprised of recycled polycarbonate. For instance, Gallina USA LLC., a US-based manufacturer of plastic glazing products, offers polycarbonate sheets with 10-40 percent recycled polycarbonate content. Styron LLC is another vendor that offers products by blending virgin polycarbonate resin with recycled resin. Such products are being increasingly used in electronic products such as smartphones, tablets, and printers.
Many drivers are contributing to the growth of the Global Polycarbonate market, the most important of which is the expansion of production capacity by vendors. Several vendors have increased the production capacity of their existing plants to cater to the growing demand from the Middle East and the APAC region.
Further, one of the major challenges in the market is the existence of stringent laws and regulations regarding the safety aspects of the products. The number of such regulations is particularly high in developed regions such as North America and Europe.
The key players operating in the global polycarbonate market include Bayer MaterialScience AG, Mitsubishi Engineering-Plastics Corp., and Saudi Basic Industries Corp.
The global polycarbonate market is forecast to grow at a CAGR of 5.05 percent over the period 2013-2018. One of the key factors contributing to this market growth is the expansion of production capacities by vendors. The Global Polycarbonate market has also been witnessing the increasing production of products with recycled polycarbonate content However, the decline of optical media could pose a challenge to the growth of this market.
Other vendors operating in the market are AmeriLux International LLC, Ashley Polymers Inc., BASF SE, Centroplast Engineering Plastics GmbH, Chi Mei Corp., CO-EX Corp., Dow Chemical Co., E. I. du Pont de Nemours and Co., Entec Polymers LLC, Eurotec Engineering Plastics, Evonik Industries AG, Flexituff Industries, Gallina USA LLC, Kazanorgsintez, Kotec Corp., LG Chem Ltd., Loxim Industries Ltd., Lucent Polymers Inc., Omni Plastics LLC, Palram Industries Ltd., Polycasa N.V., Polygal Plastics Industries Ltd., Polymer Technology and Services LLC, PolyOne Corp., Polyram, Styron LLC, Teijin Ltd., The Quadrant Group of Companies, and Tuflite.
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