Top Investment Pockets in US Polycarbonate Industry

What is Polycarbonate and its Applications?

Polycarbonate can be defined as the chemical substance which is mixed with plastic additives such as Acrylonitrile butadiene styrene (ABS), polyester, etc. to produce an engineered thermoplastic substance containing carbonate groups. The polycarbonate material is easy to process and offers excellent design flexibility by means of subjection to a variety of processing technologies including injection molding, thermoforming, extrusion, and blow molding. Polycarbonate is tailored for utilization across a wide range of industries such as transportation, building & construction, medical applications, electrical goods, and many more in varied applications ranging from medical devices, syringes, lighting, bullet proof glass & windows, CDs, automotive components, helmets to LEDs.

Favorable Regulations in United States propelling the Polycarbonate Demand:

The United States is witnessing strong market prospects for polycarbonate as the country has imposed stringent regulations restricting and limiting the plastic waste generation on account of issues related to their disposal. As a result, the recycling rate of plastic materials such as PET containers, HDPE, LDPE, PVC, PP bottles, etc. along with export of plastic scrape is exhibiting increment over the past 5 years. Consequently, the regulations are proving to be in favor of polycarbonate as a potent candidate for replacement of plastic resins owing to their reusable nature.

Major End User Industries in the US Polycarbonate Market:

Automotive: The polycarbonate is showcasing boisterous demand from the growing automotive and transportation industry of the nation owing to the utility of these resins in the manufacturing of various kinds of automotive components and parts.  For instance, the leading automotive manufacturers are extensively employing PC compounds to produce car bumpers, headlamp lenses, roof panels, windows, backlights, etc. Other applications of the polycarbonate in the transport sector includes windscreens in motorized bikes, golf carts, small planes and helicopters. The citizens of United States are purchasing pickup trucks, SUVs, passenger cars, motor vehicles etc. on account of stable economy, low unemployment rate and cheaper gas availability. As a result, the US polycarbonate market is expected to grow at a robust pace

United States Domestic Automobile Production, As of August 2017

Construction: In addition to the pouring investments in public infrastructure and housing development projects, the country is also witnessing spurring demand for polycarbonate in a range of railway projects, greenfield airports, highways and bridges, water & wastewater plants, ports & logistics as well as mass transit systems.

Partial List of Upcoming Construction Projects in United States, By Sector, As of 2016

Consumer Goods and Electronics: The country is witnessing growing penetration of consumer electronics including smart phones and mobile phones, which are utilizing PC compounds owing to their ability to provide thermal resistance, electrical insulation, strength and design flexibility to the cell phone models.

United States Smartphone & Tablet Users, 2013-2021F (Million Individuals)

Conclusion:

In conclusion, the United States Polycarbonate market is expected to witness robust growth during 2017-26, on account of growing demand from automotive, pipe and construction industries. Moreover, the growing adoption of polycarbonate over glass as a cost-effective and light-weight substitute for manufacturing windshields for cars, electronic components, smartphones, blue ray discs, etc. is primarily driving the US polycarbonate market during the forecast period.

US Polycarbonate market is controlled by these major players, namely– Trinseo, Palram Americas, Covestro US, SABIC Americas, Inc., Polygal Inc., Gallina USA, Dow Chemical Company, MEP America, Inc., Albis Plastics Corporation and Koscon Industrial among others.

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