Asia Pacific Polycarbonate Market Size, Share & Trends Analysis Report By Product Type, By Application, By Country and Growth Forecast, 2023

Description

List of Tables

The Asia Pacific Polycarbonate Market would witness market growth of 5.0% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 3,164.7 Kilo Tonnes, showcasing a growth of 2.4% (2019-2022).

In the market, the sector of Electrical & Electronics stands as a significant driver of demand, leveraging the exceptional properties of polycarbonate to fulfill diverse needs. Polycarbonate's excellent electrical insulation properties, combined with its high impact resistance and flame retardancy, make it a preferred material for manufacturing electrical enclosures, connectors, switches, and circuit breakers. Additionally, its optical clarity and UV stability make it suitable for producing transparent covers and lenses for electronic devices such as LED lights, displays, and optical discs. Therefore, the China market utilized 840.7 kilo tonnes in the market in 2022.

The China market dominated the Asia Pacific Polycarbonate Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4,664.5 Million by 2030. The Japan market is registering a CAGR of 4.4% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 5.7% during (2023 - 2030).

There is a growing interest in bio-based polymers, including polycarbonates derived from renewable resources such as plant-based feedstocks. Bio-based polycarbonates offer the potential to reduce dependence on fossil fuels and address sustainability concerns. Research and development in this area aim to create more eco-friendly alternatives. There is an increasing demand for flame retardant polycarbonates with a growing emphasis on fire safety in various industries.

Flame retardant polycarbonates find applications in electronics, construction, and automotive sectors, where meeting stringent safety standards is paramount. Emerging technologies such as improved electronics, renewable energy systems, and electric vehicles utilize polycarbonate. As these technologies continue to evolve, polycarbonate will likely expand, driven by its unique properties that meet the demands of cutting-edge applications.

The expanding middle-class population in India contributes to the increasing demand for consumer electronics. The ease of customization with polycarbonate allows manufacturers to create personalized and branded consumer electronic products in India. According to the India Brand Equity Foundation, India is one of the greatest sectors for consumer electronics in the Asia-Pacific region. It is home to a substantial talent for electronic and embedded software design. India has committed to attain US$ 300 billion in electronics manufacturing and US$ 120 billion in exports by 2025-26. Therefore, due to the above-mentioned factors, the polycarbonate market will grow significantly in this region.

Based on Product Type, the market is segmented into Sheets & Films, Blends and Others. Based on Application, the market is segmented into Electrical & Electronics, Automotive & Transportation, Construction, Packaging, Consumer Goods, Medical Devices, Optical Media and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

Covestro AG
SABIC (Saudi Arabian Oil Company)
LOTTE Chemical Corporation (LOTTE Corp.)
Teijin Limited
Trinseo PLC
Idemitsu Kosan Co., Ltd.
LG Chem Ltd. (LG Corporation)
RTP Company, Inc.
CHIMEI Corporation
Lone Star Chemical

Global Polycarbonate Market Report Segmentation

By Product Type (Volume, kilo Tonnes, USD Billion, 2019-2030)

Sheets & Films
Blends
Others

By Application (Volume, kilo Tonnes, USD Billion, 2019-2030)

Electrical & Electronics
Automotive & Transportation
Construction
Packaging
Consumer Goods
Medical Devices
Optical Media
Others

By Country (Volume, kilo Tonnes, USD Billion, 2019-2030)

China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1Asia Pacific Polycarbonate Market, by Product Type
- 1.4.2Asia Pacific Polycarbonate Market, by Application
- 1.4.3Asia Pacific Polycarbonate Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
3.3Porter's Five Forces Analysis

Chapter 4.Strategies Deployed in Polycarbonate Market

Chapter 5.Asia Pacific Polycarbonate Market, by Product Type

5.1Asia Pacific Sheets & Films Market, by Country
5.2Asia Pacific Blends Market, by Country
5.3Asia Pacific Others Market, by Country

Chapter 6.Asia Pacific Polycarbonate Market, by Application

6.1Asia Pacific Electrical & Electronics Market, by Country
6.2Asia Pacific Automotive & Transportation Market, by Country
6.3Asia Pacific Construction Market, by Country
6.4Asia Pacific Packaging Market, by Country
6.5Asia Pacific Consumer Goods Market, by Country
6.6Asia Pacific Medical Devices Market, by Country
6.7Asia Pacific Optical Media Market, by Country
6.8Asia Pacific Others Market, by Country

Chapter 7.Asia Pacific Polycarbonate Market, by Country

7.1China Polycarbonate Market
- 7.1.1China Polycarbonate Market, by Product Type
- 7.1.2China Polycarbonate Market, by Application
7.2Japan Polycarbonate Market
- 7.2.1Japan Polycarbonate Market, by Product Type
- 7.2.2Japan Polycarbonate Market, by Application
7.3India Polycarbonate Market
- 7.3.1India Polycarbonate Market, by Product Type
- 7.3.2India Polycarbonate Market, by Application
7.4South Korea Polycarbonate Market
- 7.4.1South Korea Polycarbonate Market, by Product Type
- 7.4.2South Korea Polycarbonate Market, by Application
7.5Singapore Polycarbonate Market
- 7.5.1Singapore Polycarbonate Market, by Product Type
- 7.5.2Singapore Polycarbonate Market, by Application
7.6Malaysia Polycarbonate Market
- 7.6.1Malaysia Polycarbonate Market, by Product Type
- 7.6.2Malaysia Polycarbonate Market, by Application
7.7Rest of Asia Pacific Polycarbonate Market
- 7.7.1Rest of Asia Pacific Polycarbonate Market, by Product Type
- 7.7.2Rest of Asia Pacific Polycarbonate Market, by Application

Chapter 8.Company Profiles

8.1Covestro AG
- 8.1.1Company Overview
- 8.1.2Financial Analysis
- 8.1.3Segmental and Regional Analysis
- 8.1.4Research & Development Expenses
- 8.1.5Recent strategies and developments:
  - 8.1.5.1Geographical Expansions:
- 8.1.6SWOT Analysis
8.2SABIC (Saudi Arabian Oil Company)
- 8.2.1Company Overview
- 8.2.2Financial Analysis
- 8.2.3Segmental and Regional Analysis
- 8.2.4Recent strategies and developments:
  - 8.2.4.1Product Launches and Product Expansions:
- 8.2.5SWOT Analysis
8.3LOTTE Chemical Corporation (LOTTE Corp.)
- 8.3.1Company Overview
- 8.3.2Financial Analysis
- 8.3.3Segmental and Regional Analysis
- 8.3.4Research & Development Expenses
- 8.3.5Recent strategies and developments:
  - 8.3.5.1Product Launches and Product Expansions:
- 8.3.6SWOT Analysis
8.4Teijin Limited
- 8.4.1Company Overview
- 8.4.2Financial Analysis
- 8.4.3Segmental and Regional Analysis
- 8.4.4Research & Development Expenses
- 8.4.5SWOT Analysis
8.5Trinseo PLC
- 8.5.1Company Overview
- 8.5.2Financial Analysis
- 8.5.3Segmental and Regional Analysis
- 8.5.4Research & Development Expenses
- 8.5.5Recent strategies and developments:
  - 8.5.5.1Geographical Expansions:
- 8.5.6SWOT Analysis
8.6Idemitsu Kosan Co., Ltd.
- 8.6.1Company Overview
- 8.6.2Financial Analysis
- 8.6.3Segmental and Regional Analysis
- 8.6.4Research & Development Expenses
- 8.6.5SWOT Analysis
8.7LG Chem Ltd. (LG Corporation)
- 8.7.1Company Overview
- 8.7.2Financial Analysis
- 8.7.3Segmental and Regional Analysis
- 8.7.4Recent strategies and developments:
  - 8.7.4.1Product Launches and Product Expansions:
- 8.7.5SWOT Analysis
8.8RTP Company, Inc.
- 8.8.1Company Overview
- 8.8.2SWOT Analysis
8.9CHIMEI Corporation
- 8.9.1Company Overview
8.10.Lone Star Chemical
- 8.10.1Company Overview

LIST OF TABLES

TABLE 1Asia Pacific Polycarbonate Market, 2019 - 2022, USD Million
TABLE 2Asia Pacific Polycarbonate Market, 2023 - 2030, USD Million
TABLE 3Asia Pacific Polycarbonate Market, 2019 - 2022, Kilo Tonnes
TABLE 4Asia Pacific Polycarbonate Market, 2023 - 2030, Kilo Tonnes
TABLE 5Asia Pacific Polycarbonate Market, by Product Type, 2019 - 2022, USD Million
TABLE 6Asia Pacific Polycarbonate Market, by Product Type, 2023 - 2030, USD Million
TABLE 7Asia Pacific Polycarbonate Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 8Asia Pacific Polycarbonate Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 9Asia Pacific Sheets & Films Market, by Country, 2019 - 2022, USD Million
TABLE 10Asia Pacific Sheets & Films Market, by Country, 2023 - 2030, USD Million
TABLE 11Asia Pacific Sheets & Films Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 12Asia Pacific Sheets & Films Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 13Asia Pacific Blends Market, by Country, 2019 - 2022, USD Million
TABLE 14Asia Pacific Blends Market, by Country, 2023 - 2030, USD Million
TABLE 15Asia Pacific Blends Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 16Asia Pacific Blends Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 17Asia Pacific Others Market, by Country, 2019 - 2022, USD Million
TABLE 18Asia Pacific Others Market, by Country, 2023 - 2030, USD Million
TABLE 19Asia Pacific Others Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 20Asia Pacific Others Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 21Asia Pacific Polycarbonate Market, by Application, 2019 - 2022, USD Million
TABLE 22Asia Pacific Polycarbonate Market, by Application, 2023 - 2030, USD Million
TABLE 23Asia Pacific Polycarbonate Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 24Asia Pacific Polycarbonate Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 25Asia Pacific Electrical & Electronics Market, by Country, 2019 - 2022, USD Million
TABLE 26Asia Pacific Electrical & Electronics Market, by Country, 2023 - 2030, USD Million
TABLE 27Asia Pacific Electrical & Electronics Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 28Asia Pacific Electrical & Electronics Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 29Asia Pacific Automotive & Transportation Market, by Country, 2019 - 2022, USD Million
TABLE 30Asia Pacific Automotive & Transportation Market, by Country, 2023 - 2030, USD Million
TABLE 31Asia Pacific Automotive & Transportation Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 32Asia Pacific Automotive & Transportation Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 33Asia Pacific Construction Market, by Country, 2019 - 2022, USD Million
TABLE 34Asia Pacific Construction Market, by Country, 2023 - 2030, USD Million
TABLE 35Asia Pacific Construction Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 36Asia Pacific Construction Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 37Asia Pacific Packaging Market, by Country, 2019 - 2022, USD Million
TABLE 38Asia Pacific Packaging Market, by Country, 2023 - 2030, USD Million
TABLE 39Asia Pacific Packaging Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 40Asia Pacific Packaging Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 41Asia Pacific Consumer Goods Market, by Country, 2019 - 2022, USD Million
TABLE 42Asia Pacific Consumer Goods Market, by Country, 2023 - 2030, USD Million
TABLE 43Asia Pacific Consumer Goods Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 44Asia Pacific Consumer Goods Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 45Asia Pacific Medical Devices Market, by Country, 2019 - 2022, USD Million
TABLE 46Asia Pacific Medical Devices Market, by Country, 2023 - 2030, USD Million
TABLE 47Asia Pacific Medical Devices Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 48Asia Pacific Medical Devices Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 49Asia Pacific Optical Media Market, by Country, 2019 - 2022, USD Million
TABLE 50Asia Pacific Optical Media Market, by Country, 2023 - 2030, USD Million
TABLE 51Asia Pacific Optical Media Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 52Asia Pacific Optical Media Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 53Asia Pacific Others Market, by Country, 2019 - 2022, USD Million
TABLE 54Asia Pacific Others Market, by Country, 2023 - 2030, USD Million
TABLE 55Asia Pacific Others Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 56Asia Pacific Others Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 57Asia Pacific Polycarbonate Market, by Country, 2019 - 2022, USD Million
TABLE 58Asia Pacific Polycarbonate Market, by Country, 2023 - 2030, USD Million
TABLE 59Asia Pacific Polycarbonate Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 60Asia Pacific Polycarbonate Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 61China Polycarbonate Market, 2019 - 2022, USD Million
TABLE 62China Polycarbonate Market, 2023 - 2030, USD Million
TABLE 63China Polycarbonate Market, 2019 - 2022, Kilo Tonnes
TABLE 64China Polycarbonate Market, 2023 - 2030, Kilo Tonnes
TABLE 65China Polycarbonate Market, by Product Type, 2019 - 2022, USD Million
TABLE 66China Polycarbonate Market, by Product Type, 2023 - 2030, USD Million
TABLE 67China Polycarbonate Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 68China Polycarbonate Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 69China Polycarbonate Market, by Application, 2019 - 2022, USD Million
TABLE 70China Polycarbonate Market, by Application, 2023 - 2030, USD Million
TABLE 71China Polycarbonate Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 72China Polycarbonate Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 73Japan Polycarbonate Market, 2019 - 2022, USD Million
TABLE 74Japan Polycarbonate Market, 2023 - 2030, USD Million
TABLE 75Japan Polycarbonate Market, 2019 - 2022, Kilo Tonnes
TABLE 76Japan Polycarbonate Market, 2023 - 2030, Kilo Tonnes
TABLE 77Japan Polycarbonate Market, by Product Type, 2019 - 2022, USD Million
TABLE 78Japan Polycarbonate Market, by Product Type, 2023 - 2030, USD Million
TABLE 79Japan Polycarbonate Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 80Japan Polycarbonate Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 81Japan Polycarbonate Market, by Application, 2019 - 2022, USD Million
TABLE 82Japan Polycarbonate Market, by Application, 2023 - 2030, USD Million
TABLE 83Japan Polycarbonate Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 84Japan Polycarbonate Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 85India Polycarbonate Market, 2019 - 2022, USD Million
TABLE 86India Polycarbonate Market, 2023 - 2030, USD Million
TABLE 87India Polycarbonate Market, 2019 - 2022, Kilo Tonnes
TABLE 88India Polycarbonate Market, 2023 - 2030, Kilo Tonnes
TABLE 89India Polycarbonate Market, by Product Type, 2019 - 2022, USD Million
TABLE 90India Polycarbonate Market, by Product Type, 2023 - 2030, USD Million
TABLE 91India Polycarbonate Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 92India Polycarbonate Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 93India Polycarbonate Market, by Application, 2019 - 2022, USD Million
TABLE 94India Polycarbonate Market, by Application, 2023 - 2030, USD Million
TABLE 95India Polycarbonate Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 96India Polycarbonate Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 97South Korea Polycarbonate Market, 2019 - 2022, USD Million
TABLE 98South Korea Polycarbonate Market, 2023 - 2030, USD Million
TABLE 99South Korea Polycarbonate Market, 2019 - 2022, Kilo Tonnes
TABLE 100South Korea Polycarbonate Market, 2023 - 2030, Kilo Tonnes
TABLE 101South Korea Polycarbonate Market, by Product Type, 2019 - 2022, USD Million
TABLE 102South Korea Polycarbonate Market, by Product Type, 2023 - 2030, USD Million
TABLE 103South Korea Polycarbonate Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 104South Korea Polycarbonate Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 105South Korea Polycarbonate Market, by Application, 2019 - 2022, USD Million
TABLE 106South Korea Polycarbonate Market, by Application, 2023 - 2030, USD Million
TABLE 107South Korea Polycarbonate Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 108South Korea Polycarbonate Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 109Singapore Polycarbonate Market, 2019 - 2022, USD Million
TABLE 110Singapore Polycarbonate Market, 2023 - 2030, USD Million
TABLE 111Singapore Polycarbonate Market, 2019 - 2022, Kilo Tonnes
TABLE 112Singapore Polycarbonate Market, 2023 - 2030, Kilo Tonnes
TABLE 113Singapore Polycarbonate Market, by Product Type, 2019 - 2022, USD Million
TABLE 114Singapore Polycarbonate Market, by Product Type, 2023 - 2030, USD Million
TABLE 115Singapore Polycarbonate Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 116Singapore Polycarbonate Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 117Singapore Polycarbonate Market, by Application, 2019 - 2022, USD Million
TABLE 118Singapore Polycarbonate Market, by Application, 2023 - 2030, USD Million
TABLE 119Singapore Polycarbonate Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 120Singapore Polycarbonate Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 121Malaysia Polycarbonate Market, 2019 - 2022, USD Million
TABLE 122Malaysia Polycarbonate Market, 2023 - 2030, USD Million
TABLE 123Malaysia Polycarbonate Market, 2019 - 2022, Kilo Tonnes
TABLE 124Malaysia Polycarbonate Market, 2023 - 2030, Kilo Tonnes
TABLE 125Malaysia Polycarbonate Market, by Product Type, 2019 - 2022, USD Million
TABLE 126Malaysia Polycarbonate Market, by Product Type, 2023 - 2030, USD Million
TABLE 127Malaysia Polycarbonate Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 128Malaysia Polycarbonate Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 129Malaysia Polycarbonate Market, by Application, 2019 - 2022, USD Million
TABLE 130Malaysia Polycarbonate Market, by Application, 2023 - 2030, USD Million
TABLE 131Malaysia Polycarbonate Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 132Malaysia Polycarbonate Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 133Rest of Asia Pacific Polycarbonate Market, 2019 - 2022, USD Million
TABLE 134Rest of Asia Pacific Polycarbonate Market, 2023 - 2030, USD Million
TABLE 135Rest of Asia Pacific Polycarbonate Market, 2019 - 2022, Kilo Tonnes
TABLE 136Rest of Asia Pacific Polycarbonate Market, 2023 - 2030, Kilo Tonnes
TABLE 137Rest of Asia Pacific Polycarbonate Market, by Product Type, 2019 - 2022, USD Million
TABLE 138Rest of Asia Pacific Polycarbonate Market, by Product Type, 2023 - 2030, USD Million
TABLE 139Rest of Asia Pacific Polycarbonate Market, by Product Type, 2019 - 2022, Kilo Tonnes
TABLE 140Rest of Asia Pacific Polycarbonate Market, by Product Type, 2023 - 2030, Kilo Tonnes
TABLE 141Rest of Asia Pacific Polycarbonate Market, by Application, 2019 - 2022, USD Million
TABLE 142Rest of Asia Pacific Polycarbonate Market, by Application, 2023 - 2030, USD Million
TABLE 143Rest of Asia Pacific Polycarbonate Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 144Rest of Asia Pacific Polycarbonate Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 145key information - Covestro AG
TABLE 146Key Information - SABIC
TABLE 147Key Information - Lotte Chemical Corporation
TABLE 148Key Information - Teijin Limited
TABLE 149Key Information - Trinseo PLC
TABLE 150Key Information - Idemitsu Kosan Co., Ltd.
TABLE 151key information - LG Chem Ltd.
TABLE 152Key Information - RTP Company, Inc.
TABLE 153Key Information - CHIMEI Corporation
TABLE 154Key Information - Lone Star Chemical

Asia Pacific Polycarbonate Market Size, Share & Trends Analysis Report By Product Type, By Application, By Country and Growth Forecast, 2023 - 2030