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Polycarbonate Films Market Worth 1.52 Billion USD by 2022


News provided by

MarketsandMarkets

03 Jan, 2018, 09:30 GMT

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PUNE, India, January 3, 2018 /PRNewswire/ --

The report "Polycarbonate Films Market by Type (Optical, Flame Retardant, and Weatherable), End-Use Industry (Electrical & Electronics, Transportation, and Medical Packaging), and Region (APAC, NA, EU, SA and MEA) - Global Forecast to 2022" published by MarketsandMarkets™, the global market is estimated at USD 1.10 Billion in 2017 and is projected to reach USD 1.52 Billion by 2022, at a CAGR of 6.6% between 2017 and 2022.

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Browse 118 market data Tables and 37 Figures spread through 143 Pages and in-depth TOC on "Polycarbonate Films Market"

https://www.marketsandmarkets.com/Market-Reports/polycarbonate-film-market-135220170.html
Early buyers will receive 10% customization on this report

The growth of the Polycarbonate Films Market globally is fueled by the high demand from the electrical & electronics industry. The growth is further boosted by the growing demand for recyclable plastics. Polycarbonate films that are made of polycarbonate resin is a thermoplastic which makes it a recyclable and eco-friendly material. Therefore, this has significantly contributed to the development and usage of polycarbonate films in different end-use industries during the forecast period.

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Optical PC films is the largest segment of the Polycarbonate Films Market 

Optical PC films is the largest type, which is expected to witness a high growth in the Polycarbonate Films Market. The demand for optical PC films is high due to their use in various applications which is attributed to the superior properties of these films. These films are optically clear, have a good light transmittance, high impact resistance, and very low haze factor. Hence these properties make it ideal for applications demanding low distortion with optimum visual quality. They are widely used in the lighting & display and in-mold decoration (IMD) applications for automotive interiors, appliances, and consumer electronics. Additionally, the cost-effectiveness of these films is facilitating their demand in various countries.

The electrical & electronics end-use industry to lead the Polycarbonate Films Market 

Electrical & electronics is the largest end-use industry of polycarbonate films. As polycarbonate films have superior properties such as good temperature and high impact resistance, these films are widely used for various electrical & electronics applications for LCDs, mobile phones, monitors, and other consumer electronics. Additionally, the increasing demand for sophisticated consumer electronic is increasing due to the increasing middle-class population. All these factors are expected to drive the Polycarbonate Films Market in the electrical & electronics end-use industry.

APAC is the largest Polycarbonate Films Market 

APAC is the global forerunner in the Polycarbonate Films Market, in terms of value and volume, and this trend is expected to continue till 2022. Countries in this region such as China, India, Japan, Taiwan, South Korea, Thailand, and Malaysia are witnessing a significant increase in the use of polycarbonate films in the electrical & electronics industry. The growth of the APAC Polycarbonate Films Market is also attributed to the rapid economic growth and increasing population that is driving the demand for polycarbonate films from various end-use industries. China is the fastest-growing Polycarbonate Films Market in this region during the forecast period.

A few global players are operating in the Polycarbonate Films Market. These companies are actively investing in various strategies, such as expansions, new product launches, and joint ventures to increase their market shares and strengthen their position in the Polycarbonate Films Market. SABIC (Saudi Arabia), Covestro (Germany), Teijin Limited (Japan), 3M Company (US), Suzhou Omay Optical Materials (China), and Mitsubishi Gas Chemical Company (Japan) are the leading players in the Polycarbonate Films Market who have adopted various organic and inorganic strategies to ensure their growth in this market.

Inquiry before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=135220170

Browse Related Reports 

Polycarbonate Resin Market by Application (Electrical & Electronics, Optical Media, Consumer, Automotive, Sheets, Films, Packaging, Medical, and Others) and by Region (Asia-Pacific, Western Europe, North America, and RoW) - Trends & Forecast to 2020

https://www.marketsandmarkets.com/Market-Reports/polycarbonate-resin-market-1326.html

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About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets' flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


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