Increase in the Production and Commercialization of Bio-Based Polycarbonates Presents Opportunities
DUBLIN, Nov. 28, 2022 /PRNewswire/ — The “Global Polycarbonate Polyester Blend Market by Resin, Grade, Flow Rate, End-Use, Region: Competition Forecast and Opportunities to 2027” report has been added to ResearchAndMarkets.com’s offering.
The Global polycarbonate polyester blend market is anticipated to grow with an impressive CAGR during the forecast years due to extended applications of the material in various packaging of the products in end-use industries. The application of the polycarbonate polyester blend in the automotive industry to reduce the weight of the automotives and reduce the plastic usage further drives the growth of the global polycarbonate polyester blend market in the upcoming five years.
Polycarbonates are formed with the cluster of thermoplastic polymers that contain carbonate groups in their basic chemical structure. Polyester is a category of polymers that contain the ester functional group in every repeat unit of their main chain. As a specific material, it most commonly refers to a type called polyethylene terephthalate (PET). The conjugation of the materials provide various properties to the manufactured good such as moisture resistance, good heat absorption, and chemical as well as electrical resistance. The material also has oxidative and thermal stability and thus can be used to produce goods in demand for such properties like electronic devices, automotive bodies, etc. The manufacturing process is completely eco-friendly and recyclable.
Expanding Demand from Automotive Industry
Surge in the demand for personal and commercial vehicles drives the growth of the global polycarbonate polyester blend market in the upcoming five years. The demand for making the automotives light weight and heightened need for eco-friendly production of the automotive exterior bodies further aid to the growth of the global polycarbonate polyester blend market in the next five years. Growing demand for the production of the exteriors with recyclable material like polycarbonate polyester bend also guarantees precaution against fire. The material allows significant safety in case of sudden combustion and gives chance to the passenger to escape.
Electrical Appliance Demand Facilitates Market Growth
Surge in the demand and thus the sales of the electrical appliances considerably substantiates the growth of the global polycarbonate polyester blend market in the upcoming five years. Innovative product launches in the electrical industry such as switching relays and connectors, sensor parts and lights, LCD and LED sections, smartphones, and computers further fuels the growth of the global polycarbonate polyester blend market in the future five years.
Moreover, the increase in the production and commercialization of bio-based polycarbonates would also add value to the future growth of the market. Polycarbonate sheets are highly demanded by the construction industry. These are also utilized in the production of hardware gadgets and optical equipment. It is highly demanded by the automotive industry owing to its lightweight. Furthermore, this material fulfills the benchmark set by various authorities regarding quality and safety control. It provides complete heat resistance and is a good material for electrical insulation. Owing to its lightweight and shatter-resistant characteristics that makes it a perfect blend for the housing material, production of cell phones & computers, etc.
Market Segmentation
The global polycarbonate polyester blend market segmentation is based on resin, grade, flow rate, end-use, regional distribution, and competitive landscape. Based on resin, the market is further segmented into PC-PBT, PC-ABS, PC-ASA, and others. By grade, the market is fragmented into injection, extrusion, general purpose, and others. Based on flow rate, the market is also differentiated into high flow, medium flow, and low flow. By end-use, the market is bifurcated into automotive, consumer durables, medical, utilities, optical media, and others. The market analysis also studies the regional segmentation, divided among Asia-Pacific region, North American region, European & CIS region, South American region, and Middle East & African region.
Report Scope
In this report, global polycarbonate polyester blend market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Polycarbonate Polyester Blend Market, by Resin:
- PC-PBT
- PC-ABS
- PC-ASA
- Others
Polycarbonate Polyester Blend Market, by Grade:
- Injection
- Extrusion
- General Purpose
- Others
Polycarbonate Polyester Blend Market, by Flow Rate:
- High Flow
- Medium Flow
- Low Flow
Polycarbonate Polyester Blend Market, by End-Use:
- Automotive
- Consumer Durables
- Medical
- Utilities
- Optical Media
- Others
Polycarbonate polyester blend Market, by Region:
- North America
- Asia-Pacific
- Europe & CIS
- South America
- Middle East & Africa
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on Global Polycarbonate Polyester Blend Market
4. Executive Summary
5. Voice of Customer
6. Global Polycarbonate Polyester Blend Demand-Supply Analysis, 2017-2027F
7. Global Polycarbonate Polyester Blend Market Outlook
8. North America Polycarbonate Polyester Blend Market Outlook
9. Europe Polycarbonate Polyester Blend Market Outlook
10. Asia-Pacific Polycarbonate Polyester Blend Market Outlook
11. South America Polycarbonate Polyester Blend Market Outlook
12. Middle East and Africa Polycarbonate Polyester Blend Market Outlook
13. Market Dynamics
14. Market Trends & Developments
15. Competitive Landscape
16. Strategic Recommendations
Companies Mentioned
- Sabic
- Covestro
- Ineos Group
- Lotte Chemical Corporation
- Bhansali Engineering Polymers Ltd
- Mitsubishi Chemicals
- LG Chem Ltd
- Polkemi
- Duromer Products
- Entec Polymers
For more information about this report visit https://www.researchandmarkets.com/r/ixyz9i
Media Contact:
Research and Markets
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SOURCE Research and Markets
The market for bio-based polycarbonates is expected to grow in the coming years as production and commercialization of these materials increases. Bio-based polycarbonates are made from renewable resources, such as plant oils, and offer a number of advantages over traditional petroleum-based polycarbonates. These materials are more environmentally friendly and have the potential to be cheaper to produce. This presents a significant opportunity for companies that are able to increase their production of bio-based polycarbonates.
As the world continues to search for more sustainable and environmentally friendly products, bio-based polycarbonates are becoming an increasingly attractive option. These materials are made from renewable resources, such as plant oils, and offer a number of advantages over traditional petroleum-based polycarbonates. For example, bio-based polycarbonates are more environmentally friendly and have the potential to be cheaper to produce. This presents a significant opportunity for companies that are able to increase their production of bio-based polycarbonates.
The global market for bio-based plastics is expected to grow from $13.4 billion in 2018 to $39.8 billion by 2025, at a CAGR of 17.9% during the forecast period (2019-2025). The increase in demand for bioplastics is being driven by a number of factors, including the need for more sustainable and environmentally friendly products. Bio-based polycarbonates are made from renewable resources and offer a number of advantages over traditional petroleum-based polycarbonates, making them an attractive option for a variety of applications.
Traditional polycarbonates are made from petroleum-based chemicals, which are non-renewable and can be harmful to the environment. On the other hand, bio-based polycarbonates are made from renewable resources, such as plant oils. These materials are more environmentally friendly and have the potential to be cheaper to produce. This presents a significant opportunity for companies that are able to increase their production of bio-based polycarbonates.
The market for bio-based polycarbonates is expected to grow in the coming years as production and commercialization of these materials increases. This presents a significant opportunity for companies that are able to increase their production of bio-based polycarbonates.
