Polycarbonate Composites Market Research Report - Global Forecast till 2027

Polycarbonate Composites Market: Information by Reinforcement (Glass Fiber Filled, Carbon Fiber Filled, Aramid Fibers Filled, Graphene and others), Application (Automotive Plastic, Medical Instruments, Electrical Engineering, Consumer Electronics and others) and Region (North America, Europe, Latin America, Asia-Pacific and Middle East & Africa) - Forecast till 2027

ID: MRFR/CnM/6559-HCR | February 2021 | Region: Global | 140 pages

Market Overview


Global Polycarbonate Composites Market is expected to reach USD 3.5 Billion during the forecast period, registering a CAGR of 5.8%.


Polycarbonate composites exhibit unique mechanical properties such as heat resistance, dimensional stability, high tensile strength, and excellent insulation. They are widely used in the electronics, construction, machinery, packaging, and transportation industries.


Polycarbonate composites are used to manufacture connectors and cable ducts for electronic appliances. The growing adoption of smartphones, coupled with digitalization, has increased the application of polycarbonate composites in electronic appliances. The increasing disposable income of the middle-class population has increased the sale of electronics in developing countries, which is expected to positively influence the growth of the global polycarbonate composites market during the forecast period.  


In the automotive industry, polycarbonate composites are used in the manufacturing of bumpers, bullet-proof glasses, side windows, and headlamp lenses. The automobile manufacturers are demanding polycarbonate composites owing to its unique lightweight properties. Further, the growing adoption of electric vehicles is surging the need for lightweight materials which is driving polycarbonate composite market growth. For instance, In June 2017, Teijin Limited developed the first polycarbonate composite for use in sporty electric vehicles produced by GLM Co., Ltd. Thus, the increasing production and sale of electric vehicles are estimated to drive the growth of the global polycarbonate composites market.


Key Players



  • SABIC (Saudi Arabia)

  • Chi Mei Corporation (China)

  • Asahi Kasei Advance Corporation (Japan)

  • Formosa Chemicals & Fibre Corporation (China)

  • LG Chem (South Korea)

  • Trinseo (US)

  • Teijin Limited (Japan)

  • Mitsubishi Chemical Corporation (Japan)

  • Samyang Corporation (South Korea)

  • Nudec (Spain)

  • The Bond Laminates GmbH (Germany)

  • Covestro (Germany)


Global Polycarbonate Composites Market Share, by Application, 2018 (%)  Polycarbonate Composites Market_Image


Source: MRFR Analysis


Regional Analysis


The global polycarbonate composites market has been studied across five key regions, namely Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.


The Asia-Pacific market held the largest share in 2018 and is projected to be dominant owing to the increasing use of polycarbonate composites in automobiles. The demand for lightweight and fuel-efficient vehicles in the region is expected to boost regional market growth. The increasing automobile production in the India, Indonesia, and Malaysia on account of increased spending coupled with rising per capita disposable income of consumers is driving the growth of the automotive industry, which is likely to fuel the demand for polycarbonate composites.


North America is another prominent market for polycarbonate composites. The growth in medical, electronic, and automotive sectors is anticipated to drive the demand for the polycarbonate composites during the forecast period. The America Automotive Policy Council reported that the US automobile production is expected to exceed to 11 million in 2021 and estimated to reach 12 million in 2025, thus rise in automotive production is likely to impact polycarbonate composites market.


The demand for polycarbonate composites in Latin America and the Middle East & Africa is expected to grow substantially with the increase in demand for lightweight materials in the machinery, electronics, and automotive industries in the regions.


Segmentation


The global polycarbonate composites market has been segmented by reinforcement, application, and region. By reinforcement, the global market has been classified into glass fiber filled, carbon fiber filled, aramid fibers filled, graphene, others. The glass fiber filled segment is estimated to register a CAGR of~4.5% owing to increasing application in medical instruments and devices during the forecast period. Based on application, the global market has been divided into automotive plastic, medical instruments, electrical engineering, consumer electronics, and others. Automotive plastic and medical instruments segments are likely to witness remarkable growth owing to high demand for lightweight plastic in electric vehicles and consumers electronic appliances.


The global market, by region, has been segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.


Intended Audience



  • Polycarbonate composites producers

  • Traders and distributors of polycarbonate composites

  • Potential investors

  • Raw material suppliers



Report Scope:
Report Attribute/Metric Details
  Market Size

  • 2023: USD 3.5 Billion
  • 2027: Significant Value
  •   CAGR   5.8% (2017-2024)
      Base Year   2019
      Forecast Period   2020-2027
      Historical Data   2018
      Forecast Units   Value (USD Billion)
      Report Coverage    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   reinforcement, application, and region
      Geographies Covered   North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa
      Key Vendors   The Bond Laminates GmbH (Germany), Chi Mei Corporation (China), SABIC (Saudi Arabia), Asahi Kasei Advance Corporation (Japan), LG Chem (South Korea), Formosa Chemicals & Fibre Corporation (China), Trinseo (US), Mitsubishi Chemical Corporation (Japan), Teijin Limited (Japan), Samyang Corporation (South Korea), Nudec (Spain), and Covestro (Germany).
      Key Market Opportunities   The growing adoption of electric vehicles is surging the need for lightweight materials which is driving polycarbonate composite market.
      Key Market Drivers    The increasing disposable income of the middle-class population has increased the sale of electronics in developing countries


    Frequently Asked Questions (FAQ) :


    Valuation of the global Polycarbonate Composites Market is estimated to reach USD 3.5 BN by the end of 2024

    Polycarbonate Composites Market is projected to expand at over 5.8% CAGR during the assessment period (2017-2024).

    Automotive is the largest application segment in the global Polycarbonate Composites Market.

    Asia Pacific holds the largest share in the global Polycarbonate Composites Market, followed by North America and Europe, respectively.

    Chi Mei Corporation (China), The Bond Laminates GmbH (Germany), SABIC (Saudi Arabia), LG Chem (South Korea), Asahi Kasei Advance Corporation (Japan), Formosa Chemicals & Fibre Corporation (China), Mitsubishi Chemical Corporation (Japan), Trinseo (US), Teijin Limited (Japan), Nudec (Spain), Samyang Corporation (South Korea), and Covestro (Germany), are some of the major players operating in the Polycarbonate Composites Market.

    Table of Contents

    1 Executive Summary

    2 Scope of the Report

    2.1 Market Definition

    2.2 Scope of the Study

    2.2.1 Research Objectives

    2.2.2 Assumptions & Limitations

    2.3 Market Structure

    3 Market Research Methodology

    3.1 Research Process

    3.2 Secondary Research

    3.3 Primary Research

    3.4 Forecast Model

    4 Market Landscape

    4.1 Five Forces Analysis

    4.1.1 Threat of New Entrants

    4.1.2 Bargaining power of Buyers

    4.1.3 Bargaining power of Suppliers

    4.1.4 Threat of Substitutes

    4.1.5 Segment Rivalry

    4.2 Value Chain/Supply Chain of Global Polycarbonate Composites Market

    4.3 Pricing Analysis, By Region

    4.4 Trade Analysis4

    5 Industry Overview of Global Polycarbonate Composites Market

    5.1 Introduction

    5.2 Growth Drivers

    5.3 Impact Analysis

    5.4 Market Challenges

    6 Market Trends

    6.1 Introduction

    6.2 Growth Trends

    6.3 Impact Analysis

    7. Global Polycarbonate Composites Market, by Reinforcement

    7.1 Introduction

    7.2 Glass Fiber Filled

    7.2.1 Market Estimates & Forecast, 2020–2027

    7.2.2 Market Estimates & Forecast, by Region, 2020–2027

    7.3 Carbon Fiber Filled

    7.3.1 Market Estimates & Forecast, 2020–2027

    7.3.2 Market Estimates & Forecast, by Region, 2020–2027

    7.4 Aramid Fibers Filled

    7.4.1 Market Estimates & Forecast, 2020–2027

    7.4.2 Market Estimates & Forecast, by Region, 2020–2027

    7.5 Graphene

    7.5.1 Market Estimates & Forecast, 2020–2027

    7.5.2 Market Estimates & Forecast, by Region, 2020–2027

    7.6 Others

    7.6.1 Market Estimates & Forecast, 2020–2027

    7.6.2 Market Estimates & Forecast, by Region, 2020–2027

    8. Global Polycarbonate Composites Market, by Application

    8.1 Introduction

    8.2 Automotive Plastic

    8.2.1 Market Estimates & Forecast, 2020–2027

    8.2.2 Market Estimates & Forecast, by Region, 2020–2027

    8.3 Medical Instruments

    8.3.1 Market Estimates & Forecast, 2020–2027

    8.3.2 Market Estimates & Forecast, by Region, 2020–2027

    8.4 Electrical Engineering

    8.4.1 Market Estimates & Forecast, 2020–2027

    8.4.2 Market Estimates & Forecast, by Region, 2020–2027

    8.5 Consumer Electronics

    8.5.1 Market Estimates & Forecast, 2020–2027

    8.5.2 Market Estimates & Forecast, by Region, 2020–2027

    8.6 Others

    8.6.1 Market Estimates & Forecast, 2020–2027

    8.6.2 Market Estimates & Forecast, by Region, 2020–2027

    9. Global Polycarbonate Composites Market, by Region

    9.1 Introduction

    9.2 North America

    9.2.1 Market Estimates & Forecast, 2020–2027

    9.2.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.2.3 Market Estimates & Forecast, by Application, 2020–2027

    9.2.4 US

    9.2.4.1 Market Estimates & Forecast, 2020–2027

    9.2.4.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.2.4.3 Market Estimates & Forecast, by Application, 2020–2027

    9.2.5 Canada

    9.2.5.1 Market Estimates & Forecast, 2020–2027

    9.2.5.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.2.5.3 Market Estimates & Forecast, by Application, 2020–2027

    9.3 Europe

    9.3.1 Market Estimates & Forecast, 2020–2027

    9.3.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.3.3 Market Estimates & Forecast, by Application, 2020–2027

    9.3.4 Germany

    9.3.4.1 Market Estimates & Forecast, 2020–2027

    9.3.4.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.3.4.3 Market Estimates & Forecast, by Application, 2020–2027

    9.3.5. France

    9.3.5.1 Market Estimates & Forecast, 2020–2027

    9.3.5.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.3.5.3 Market Estimates & Forecast, by Application, 2020–2027

    9.3.6 Italy

    9.3.6.1 Market Estimates & Forecast, 2020–2027

    9.3.6.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.3.6.3 Market Estimates & Forecast, by Application, 2020–2027

    9.3.7 Spain

    9.3.7.1 Market Estimates & Forecast, 2020–2027

    9.3.7.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.3.7.3 Market Estimates & Forecast, by Application, 2020–2027

    9.3.8 UK

    9.3.8.1 Market Estimates & Forecast, 2020–2027

    9.3.8.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.3.8.3 Market Estimates & Forecast, by Application, 2020–2027

    9.3.9 Russia

    9.3.9.1 Market Estimates & Forecast, 2020–2027

    9.3.9.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.3.9.3 Market Estimates & Forecast, by Application, 2020–2027

    9.3.10 Poland

    9.3.10.1 Market Estimates & Forecast, 2020–2027

    9.3.10.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.3.10.3 Market Estimates & Forecast, by Application, 2020–2027

    9.4 Asia-Pacific

    9.4.1 Market Estimates & Forecast, 2020–2027

    9.4.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.4.3 Market Estimates & Forecast, by Application, 2020–2027

    9.4.4 China

    9.4.4.1 Market Estimates & Forecast, 2020–2027

    9.4.4.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.4.4.3 Market Estimates & Forecast, by Application, 2020–2027

    9.4.5 India

    9.4.4.1 Market Estimates & Forecast, 2020–2027

    9.4.4.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.4.4.3 Market Estimates & Forecast, by Application, 2020–2027

    9.4.6 Japan

    9.4.5.1 Market Estimates & Forecast, 2020–2027

    9.4.5.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.4.5.3 Market Estimates & Forecast, by Application, 2020–2027

    9.4.7 Australia

    9.4.7.1 Market Estimates & Forecast, 2020–2027

    9.4.7.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.4.7.3 Market Estimates & Forecast, by Application, 2020–2027

    9.4.8 New Zealand

    9.4.8.1 Market Estimates & Forecast, 2020–2027

    9.4.8.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.4.8.3 Market Estimates & Forecast, by Application, 2020–2027

    9.4.9 Rest of Asia-Pacific

    9.4.9.1 Market Estimates & Forecast, 2020–2027

    9.4.9.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.4.9.3 Market Estimates & Forecast, by Application, 2020–2027

    9.5 Middle East & Africa

    9.5.1 Market Estimates & Forecast, 2020–2027

    9.5.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.5.3 Market Estimates & Forecast, by Application, 2020–2027

    9.5.4 Turkey

    9.5.4.1 Market Estimates & Forecast, 2020–2027

    9.5.4.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.5.4.3 Market Estimates & Forecast, by Application, 2020–2027

    9.5.5 Israel

    9.5.5.1 Market Estimates & Forecast, 2020–2027

    9.5.5.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.5.5.3 Market Estimates & Forecast, by Application, 2020–2027

    9.5.6 North Africa

    9.5.6.1 Market Estimates & Forecast, 2020–2027

    9.5.6.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.5.6.3 Market Estimates & Forecast, by Application, 2020–2027

    9.5.7 GCC

    9.5.7.1 Market Estimates & Forecast, 2020–2027

    9.5.7.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.5.7.3 Market Estimates & Forecast, by Application, 2020–2027

    9.5.8 Rest of the Middle East & Africa

    9.5.8.1 Market Estimates & Forecast, 2020–2027

    9.5.8.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.5.8.3 Market Estimates & Forecast, by Application, 2020–2027

    9.6 Latin America

    9.6.1 Market Estimates & Forecast, 2020–2027

    9.6.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.6.3 Market Estimates & Forecast, by Application, 2020–2027

    9.6.4 Brazil

    9.6.4.1 Market Estimates & Forecast, 2020–2027

    9.6.4.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.6.4.3 Market Estimates & Forecast, by Application, 2020–2027

    9.6.5 Argentina

    9.6.5.1 Market Estimates & Forecast, 2020–2027

    9.6.5.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.6.5.3 Market Estimates & Forecast, by Application, 2020–2027

    9.6.6 Mexico

    9.6.6.1 Market Estimates & Forecast, 2020–2027

    9.6.6.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.6.6.3 Market Estimates & Forecast, by Application, 2020–2027

    9.6.7 Rest of Latin America

    9.6.7.1 Market Estimates & Forecast, 2020–2027

    9.6.7.2 Market Estimates & Forecast, by Reinforcement, 2020–2027

    9.6.7.3 Market Estimates & Forecast, by Application, 2020–2027

    10. Company Landscape

    11. Company Profiles

    11.1 Covestro

    11.1.1 Company Overview

    11.1.2 Reinforcement /Business Segment Overview

    11.1.3 Financial Updates

    11.1.4 Key Developments

    11.2 The Bond Laminates GmbH

    11.2.1 Company Overview

    11.2.2 Reinforcement /Business Segment Overview

    11.2.3 Financial Updates

    11.2.4 Key Developments

    11.3 Nudec

    11.3.1 Company Overview

    11.3.2 Reinforcement /Business Segment Overview

    11.3.3 Financial Updates

    11.3.4 Key Developments

    11.4 Samyang Corporation

    11.4.1 Company Overview

    11.4.2 Reinforcement /Business Segment Overview

    11.4.3 Financial Updates

    11.4.4 Key Developments

    11.5 Mitsubishi Chemical Corporation

    11.5.1 Company Overview

    11.5.2 Reinforcement /Business Segment Overview

    11.5.3 Financial Updates

    11.5.4 Key Developments

    11.6 Teijin Limited

    11.6.1 Company Overview

    11.6.2 Reinforcement /Business Segment Overview

    11.6.3 Financial Updates

    11.6.4 Key Developments

    11.7 Trinseo

    11.7.1 Company Overview

    11.7.2 Reinforcement /Business Segment Overview

    11.7.3 Financial Updates

    11.7.4 Key Developments

    11.8 LG Chem

    11.8.1 Company Overview

    11.8.2 Reinforcement /Business Segment Overview

    11.8.3 Financial Updates

    11.8.4 Key Developments

    11.9 Formosa Chemicals & Fibre Corporation

    11.9.1 Company Overview

    11.9.2 Reinforcement /Business Segment Overview

    11.9.3 Financial Updates

    11.9.4 Key Developments

    11.10 Asahi Kasei Advance Corporation

    11.10.1 Company Overview

    11.10.2 Reinforcement /Business Segment Overview

    11.10.3 Financial Updates

    11.10.4 Key Developments

    11.11 Chi Mei Corporation

    11.11.1 Company Overview

    11.11.2 Reinforcement /Business Segment Overview

    11.11.3 Financial Updates

    11.11.4 Key Developments

    11.12 SABIC

    11.12.1 Company Overview

    11.12.2 Reinforcement /Business Segment Overview

    11.12.3 Financial Updates

    11.12.4 Key Developments

    12. Conclusion

    LIST OF TABLES

    Table 1 Global Polycarbonate Composites Market, by Region, 2020–2027

    Table 2 North America: Polycarbonate Composites Market, by Country, 2020–2027

    Table 3 Europe: Polycarbonate Composites Market, by Country, 2020–2027

    Table 4 Asia-Pacific: Polycarbonate Composites Market, by Country, 2020–2027

    Table 5 Middle East & Africa: Polycarbonate Composites Market, by Country, 2020–2027

    Table 6 Latin America: Polycarbonate Composites Market, by Country, 2020–2027

    Table 7 Global Polycarbonate Composites Reinforcement Market, by Region, 2020–2027

    Table 8 North America: Polycarbonate composites Reinforcement Market, by Country, 2020–2027

    Table 9 Europe: Polycarbonate composites Reinforcement Market, by Country, 2020–2027

    Table10 Asia-Pacific: Polycarbonate composites Reinforcement Market, by Country, 2020–2027

    Table11 Middle East & Africa: Polycarbonate composites Reinforcement Market, by Country, 2020–2027

    Table12 Latin America: Polycarbonate composites Reinforcement Market, by Country, 2020–2027

    Table13 North America: Polycarbonate composites Application Market, by Country, 2020–2027

    Table14 Europe: Polycarbonate composites Application Market, by Country, 2020–2027

    Table15 Asia-Pacific: Polycarbonate composites Application Market, by Country, 2020–2027

    Table16 Middle East & Africa: Polycarbonate composites Application Market, by Country, 2020–2027

    Table17 Latin America: Polycarbonate composites Application Market, by Country, 2020–2027

    Table18 Global Reinforcement Market, by Region, 2020–2027

    Table19 Global Application Market, by Region, 2020–2027

    Table20 North America: Polycarbonate Composites Market, by Country, 2020–2027

    Table21 North America: Polycarbonate Composites Market, by Reinforcement, 2020–2027

    Table22 North America: Polycarbonate Composites Market, by Application, 2020–2027

    Table23 Europe: Polycarbonate Composites Market, by Country, 2020–2027

    Table24 Europe: Polycarbonate Composites Market, by Reinforcement, 2020–2027

    Table29 Europe: Polycarbonate Composites Market, by Application, 2020–2027

    Table30 Asia-Pacific: Polycarbonate Composites Market, by Country, 2020–2027

    Table31 Asia-Pacific: Polycarbonate Composites Market, by Reinforcement, 2020–2027

    Table32 Asia-Pacific: Polycarbonate Composites Market, by Application, 2020–2027

    Table33 Middle East & Africa: Polycarbonate Composites Market, by Country, 2020–2027

    Table34 Middle East & Africa Polycarbonate Composites Market, by Reinforcement, 2020–2027

    Table35 Middle East & Africa: Polycarbonate Composites Market, by Application, 2020–2027

    Table36 Latin America: Polycarbonate Composites Market, by Country, 2020–2027

    Table37 Latin America Polycarbonate Composites Market, by Reinforcement, 2020–2027

    Table38 Latin America: Polycarbonate Composites Market, by Application, 2020–2027

    LIST OF FIGURES

    FIGURE 1 Global Polycarbonate Composites Market Segmentation

    FIGURE 2 Forecast Methodology

    FIGURE 3 Five Forces Analysis of Global Polycarbonate Composites Market

    FIGURE 4 Value Chain of Global Polycarbonate Composites Market

    FIGURE 5 Share of Global Polycarbonate Composites Market in 2020, by Country (%)

    FIGURE 6 Global Polycarbonate Composites Market, 2020–2027,

    FIGURE 7 Sub-Segments of Reinforcement , 2020

    FIGURE 8 Global Polycarbonate Composites Market Size, by Reinforcement, 2020

    FIGURE 9 Share of Global Polycarbonate Composites Market, by Reinforcement, 2020–2027

    FIGURE 10 Sub-Segments of Application

    FIGURE 11 Global Polycarbonate Composites Market Size, by Application, 2020

    FIGURE 12 Share of Global Polycarbonate Composites Market, by Application, 2020–2027