Polycarbonate Market – Likely To Rise During The Projected Period

The worldwide polycarbonate market was estimated at about USD 12 billion in 2012. It is likely to reach about USD 18 billion by 2019 and expand at around 6 percent CAGR. This expansion is anticipated to happen during the projected period. This period lasts from 2013 to 2019.

 

Polycarbonate is a thermoplastic polymer. It is manufactured by making use of phosgene and bisphenol A as the primary raw material. Polycarbonate’s improved steadiness to heat and greater tensile strength in comparison to conventional engineering plastics are driving further demand for the polycarbonate market.

 

As bisphenol A is a subsidiary of crude oil, the unstable pricing of bisphenol A has been preventing further enhancement of the polycarbonate market conditions.