Increasing demand from the automotive industry is the major growth driver for the growth of the global polycarbonate polyester blend market. According to TechSci Research report, “Polycarbonate Polyester Blend Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028”, the global polycarbonate polyester blend market stood at USD11,781.41 million in 2022 and is expected to grow at a CAGR of 6.35% during the forecast period. Polycarbonates are a class of thermoplastic polymers with carbonate functional groups in their basic chemical structure. Polyester is a type of polymer that contains the ester group in every repeat unit of the main chain.
The Important Elements of the Global Polycarbonate Polyester Blend Market
Many sunroofs and small windowpanes used in automobiles with “all-round” glazing are made of a polycarbonate blend. The prospect for expansion is particularly present in windows and windscreens. Over the past ten years, polycarbonate polyester blend material manufacturers have made significant investments in research and development to achieve the high scratch-resistance lifespan, typically associated with glass.
Polycarbonate polyester blend provides a unique combination of strength, stiffness, and toughness that helps prevent potentially life-threatening material failures. Its wide range of physical characteristics allows it to replace glass or metal in many applications. Additionally, it offers glass-like transparency, a crucial quality for clinical and diagnostic environments where it’s necessary to see tissues, blood, and other fluids.
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Global Polycarbonate Polyester Blend Market segmentation is based on Resin, Grade, Flow rate, End-Use, and regional distribution. Based on Resin, the market is further fragmented into PC-ABS, PC-PBT, PC-ASA, and Others. PC-ABS segment dominated the market in 2022 with an overall market share of around 63.81%. This can be ascribed to the growing demand for electric vehicles worldwide.
Based on grade, the market is further divided into Extrusion, Injection, General Purpose, and others. The extrusion segment dominated the market in 2022 on account of the widespread increase in demand for medical devices and electronics spare parts.
Some of the major companies operating in the global polycarbonate polyester blend market include:
- Covestro AG
- Saudi Basic Industries Corporation
- LG Chem Ltd.
- Lotte Chemical Corporation
- Mitsubishi Chemical Holding Corporation
- Ineos Group
- Bhansali Engineering Polymers Ltd.
- Duromer Products
- Polykemi AB
- Entec Polymers LLC
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The companies already operating in the polycarbonate polyester blend market should focus on the medical sector as polycarbonate polyester blends are used in various medical instruments. The increasing prevalence of diseases, improving healthcare structure, and growing surgeries are responsible for the growing demand for various medical instruments., said Mr. Karan Chechi, Research Director with TechSci Research, a research based Global management consulting firm.
Polycarbonate Polyester Blend Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028Segmented By Resin (PC-ABS, PC-PBT, PC-ASA, Others), By Grade (Extrusion, Injection, General Purpose, Others) By Flow Rate (High Flow, Medium Flow, Low Flow) By End-Use (Automotive, Consumer Durables, Medical, Optical media, Utilities, Others), By Region (North America, Asia-Pacific, South America & Middle East & Africa, Europe), Competition”, has evaluated the future growth potential of Global Polycarbonate Polyester Blend Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide innovative market intelligence and help decision-makers make sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Polycarbonate Polyester Blend Market.
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