Polycarbonate Market Is Estimated To Exhibit At USD 35.4 Billion By 2030
San Francisco, 7 Oct 2022: The Report Polycarbonate Market Size, Share & Trends Analysis Report By Application (Automotive & Transportation, Construction, Packaging, Consumer Goods, Others), By Region, And Segment Forecasts, 2022 - 2030 The global polycarbonate market size is expected to reach USD 35.4 billion by 2030, according to a new report by Grand View Research, Inc. The industry is projected to advance at a CAGR of 5.6% from 2022 to 2030. Regulatory policies are encouraging automotive OEMs to utilize plastics as a means of reducing vehicular weight & improving fuel efficiency. This is anticipated to play a prominent role in driving market growth. Polycarbonate is a completely recyclable polymer and is therefore favored as a substitute for PVC, particularly in medical devices. In comparison, PC resins offer greater tensile strength & flexural modulus, meaning that they can be easily processed and even blended with other resins such as styrene copolymers and