The global polycarbonate films 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%. The growth of the polycarbonate films market globally is fuelled 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 are 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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Browse 118 market data Tables and 37 Figures spread through 143 Pages and in-depth TOC on “Polycarbonate Films Market“
Optical PC films is the largest segment of the polycarbonate films market
Optical PC films are 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.
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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.
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