North America Polycarbonate (PC) Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

The North America Polycarbonate (PC) Market is segmented by End User Industry (Aerospace, Automotive, Building and Construction, Electrical and Electronics, Industrial and Machinery, Packaging) and by Country (Canada, Mexico, United States). Market Value in USD and Volume in tons are both presented. Key Data Points observed include volume of automobile production, new construction floor area, plastic packaging production volume, plastic resin production, imports and exports, and price of plastic resins.

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North America Polycarbonate (PC) Market Size

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North America Polycarbonate (PC) Market Summary
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https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2029
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 2.07 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2029) USD 2.86 Billion
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by End User Industry Electrical and Electronics
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2029) 6.68 %
https://s3.mordorintelligence.com/globe/1629285706162_test~globe_globe.svg Largest Share by Country United States

Major Players

North America Polycarbonate (PC) Market Major Players

*Disclaimer: Major Players sorted in no particular order

Key Players

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North America Polycarbonate (PC) Market Analysis

The North America Polycarbonate (PC) Market size is estimated at 2.07 billion USD in 2024, and is expected to reach 2.86 billion USD by 2029, growing at a CAGR of 6.68% during the forecast period (2024-2029).

2.07 Billion

Market Size in 2024 (USD)

2.86 Billion

Market Size in 2029 (USD)

4.72 %

CAGR (2017-2023)

6.68 %

CAGR (2024-2029)

Largest Market by End-user Industry

21.03 %

value share, Electrical and Electronics, 2023

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The electronics industry dominates the market due to its growing demand for polycarbonate materials in various electrical and electronics goods.

Fastest Growing Market by End-user Industry

8.11 %

Projected CAGR, Electrical and Electronics, 2024-2029

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Due to its physical properties, heat resistance, and versatility, polycarbonate is suitable for electronic components, which is expected to witness the fastest growth during the forecast period.

Largest Market by Country

70.12 %

value share, United States, 2023

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The United States accounted for around 85% of the North American electrical and electronics industry’s revenue and 94% of the regional aerospace industry. Thus, the country held the largest share of the market.

Fastest Growing Market by Country

8.16 %

Projected CAGR, Mexico, 2024-2029

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Mexico experienced remarkable growth, particularly in the construction industry. It is expected to grow at the fastest rate over due to its robust manufacturing industry and strong economic growth.

Leading Market Player

68.49 %

market share, SABIC, 2022

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SABIC is the largest producer of polycarbonate resin in North America, with a production capacity of 500 kilotons. It offers a wide range of polycarbonate grades for use in different applications.

Technological advancements in the manufacturing of polycarbonate to boost market demand

  • Polycarbonate is popular in the region for its high impact strength, lightweight, UV resistance, optical transmission, electrical, and many other properties. The impact strength of the polycarbonate sheet is 200 times more than common glass. Polycarbonate can transmit 90% of light through it, the same as glass. The demand for polycarbonate in the region is expected to grow by 7.93%, by value, in 2023 compared to 2022.
  • The rising trend of new production technology of polycarbonate from carbon dioxide gas (CO2) instead of bisphenol (BPA), which is toxic in nature, has driven the market over recent years.
  • The polycarbonate market in the region declined by 7.8% in terms of value in 2020 compared to 2019. The COVID-19 pandemic during the same period halted production facilities for nearly three months because of nationwide lockdowns in several countries, including the United States, Mexico, and Canada. The supply chain disruptions, raw material shortages, and stoppage of trade exchanges across the region resulted in such a decline. However, the demand regained in 2021 with a growth rate of 18.24% compared to 2020, owing to the resumption of production facilities to its annual capacity output.
  • Polycarbonate is widely used in the electrical and electronics industry for various applications in North America. The industry consumed nearly 126 thousand tons of polycarbonate resin in North America. The rising trend of high-strength and lightweight material in consumer electronics is expected to drive the demand for polycarbonate resins in North America. The electrical and electronics industry is expected to be the fastest-growing end-user industry in North America, registering a CAGR of 8.29%, by value, during the forecast period, 2023-2029.
North America Polycarbonate (PC) Market

The United States to dominate the North American polycarbonate market owing to rising construction activities and growth in the electronics and medical industries

  • North America accounted for 10.2% by value of the global consumption of polycarbonate resins in 2022. Polycarbonate is a key polymer in North America for various industries, including automotive, building and construction, electrical and electronics, and medical.
  • The United States is the largest country-wise consumer of polycarbonate resin in the North American region, owing to growth in its construction, electrical and electronics, and medical industries. The country's construction industry, one of the largest end-user industries of polycarbonate, accounted for consumption of nearly 76,000 tons in 2022. The new floor area is expected to reach 7.4 billion square footage by 2029 from 5.8 billion square footage in 2022. The demand for polycarbonate resin in the growing construction industry is expected to register a CAGR of 6.46% by value during the forecast period (2023-2029).
  • The demand for polycarbonate resin is increasing significantly in Mexico owing to growth in vehicle production and electronics, among other industries. Mexico is the second-largest vehicle producer in North America. It produced 3.78 million units in 2022, a 7.67% increase over 2021. The country's consumer electronics industry is also growing, expected to reach USD 22 billion by 2027. These factors are expected to drive the demand for polycarbonate resins in Mexico during the forecast period.
  • The use of advanced materials is also growing, as they provide strength similar to existing ones and are lightweight. Such trends are expected to drive the demand for polycarbonate in North America over the forecast period. Polycarbonate is widely replacing glass in many applications because it is six times lighter and two times cheaper than glass.

North America Polycarbonate (PC) Market Trends

Strong growth of technological innovations to augment the overall growth of the industry

  • Electrical and electronics production in North America witnessed a CAGR of over 1.4% between 2017 and 2019 owing to the advancement of technology, coupled with the increasing demand for consumer electronics products, such as smart TVs, refrigerators, air conditioners, and other products. The rapid pace of electronic technological innovation is driving the demand for newer and faster electronic products. As a result, it has also increased the electrical and electronics production in the region.
  • Electronic device sales in North America fell by around 9% in 2020 compared to 2019, owing to the COVID-19 impact, because of the production facility shutdowns, supply chain disruptions, and various other constraints. As a result, revenue from electrical and electronics production in the region decreased by 4.7% in 2020 compared to the previous year.
  • In 2021, the sales of consumer electronics in the region reached around USD 113 billion, 4% higher than in 2020. As a result, North America’s electrical and electronics production grew by 13.8% in 2021 in terms of revenue compared to the previous year.
  • By 2027, North America is projected to be the third-largest region for electrical and electronics production and account for a share of around 10.5% of the global market.​ The emergence of advanced technologies such as virtual reality, IoT solutions, and robotics into consumer electronic products to achieve efficiency and low cost has provided a significant advantage to the consumer electronics industry. The consumer electronics industry in the region is projected to reach a market volume of around USD 161.8 billion by 2027 from USD 127.6 billion in 2023. As a result, the demand for electrical and electronic products in the region is projected to increase.
North America Polycarbonate (PC) Market

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • Increasing investments in the civil aviation and defense sectors to drive the industry
  • Strong growth in residential construction to drive the industry
  • Growing automotive industry to create larger regional trade avenues
  • Sheets and films to dominate over the coming years
  • Government initiatives for electric vehicles to support the automotive production
  • Evolving lifestyle to increase the plastic packaging applications
  • Volatile crude oil prices globally to influence polycarbonate resin prices during the forecast period
  • Methods being developed to use eco-friendly glycerol to recycle PC to recover up to 98% of the plastic's monomer

North America Polycarbonate (PC) Industry Overview

The North America Polycarbonate (PC) Market is fairly consolidated, with the top five companies occupying 100%. The major players in this market are Covestro AG, Formosa Plastics Group, LG Chem, Mitsubishi Chemical Corporation and SABIC (sorted alphabetically).

North America Polycarbonate (PC) Market Leaders

  1. Covestro AG

  2. Formosa Plastics Group

  3. LG Chem

  4. Mitsubishi Chemical Corporation

  5. SABIC

North America Polycarbonate (PC) Market Concentration

Other important companies include CHIMEI, Lotte Chemical, Luxi Group, Teijin Limited, Trinseo.

*Disclaimer: Major Players sorted in alphabetical order.

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North America Polycarbonate (PC) Market News

  • February 2023: Covestro AG introduced Makrolon 3638 polycarbonate for healthcare and life sciences applications such as drug delivery devices, wellness and wearable devices, and single-use containers for biopharmaceutical manufacturing.
  • August 2021: CHIMEI partnered with the Industrial Technology Research Institute (ITRI) to develop a technology that converts CO2 recovered from flue gas into dialkyl carbonate (DRC), the primary in-process material used in PC products.
  • February 2021: SABIC launched a new grade of polycarbonate compound for automotive LED lighting, owing to the rising need for high-performance thermoplastics in complex lighting designs.

Free with this Report

We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 15+ free charts, the section covers rare data on various end-user production trends including passenger vehicle production, commercial vehicle production, motorcycle production, aerospace components production, electrical and electronics production, and regional data for engineering plastics demand etc.

North America Polycarbonate (PC) Market
North America Polycarbonate (PC) Market
North America Polycarbonate (PC) Market
North America Polycarbonate (PC) Market

North America Polycarbonate (PC) Market Report - Table of Contents

1. EXECUTIVE SUMMARY & KEY FINDINGS

2. REPORT OFFERS

3. INTRODUCTION

  • 3.1 Study Assumptions & Market Definition
  • 3.2 Scope of the Study​
  • 3.3 Research Methodology

4. KEY INDUSTRY TRENDS

  • 4.1 End User Trends
    • 4.1.1 Aerospace
    • 4.1.2 Automotive
    • 4.1.3 Building and Construction
    • 4.1.4 Electrical and Electronics
    • 4.1.5 Packaging
  • 4.2 Import And Export Trends
    • 4.2.1 Polycarbonate (PC) Trade
  • 4.3 Price Trends
  • 4.4 Form Trends
  • 4.5 Recycling Overview
    • 4.5.1 Polycarbonate (PC) Recycling Trends
  • 4.6 Regulatory Framework
    • 4.6.1 Canada
    • 4.6.2 Mexico
    • 4.6.3 United States
  • 4.7 Value Chain & Distribution Channel Analysis

5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

  • 5.1 End User Industry
    • 5.1.1 Aerospace
    • 5.1.2 Automotive
    • 5.1.3 Building and Construction
    • 5.1.4 Electrical and Electronics
    • 5.1.5 Industrial and Machinery
    • 5.1.6 Packaging
    • 5.1.7 Other End-user Industries
  • 5.2 Country
    • 5.2.1 Canada
    • 5.2.2 Mexico
    • 5.2.3 United States

6. COMPETITIVE LANDSCAPE

  • 6.1 Key Strategic Moves
  • 6.2 Market Share Analysis
  • 6.3 Company Landscape
  • 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
    • 6.4.1 CHIMEI
    • 6.4.2 Covestro AG
    • 6.4.3 Formosa Plastics Group
    • 6.4.4 LG Chem
    • 6.4.5 Lotte Chemical
    • 6.4.6 Luxi Group
    • 6.4.7 Mitsubishi Chemical Corporation
    • 6.4.8 SABIC
    • 6.4.9 Teijin Limited
    • 6.4.10 Trinseo

7. KEY STRATEGIC QUESTIONS FOR ENGINEERING PLASTICS CEOS

8. APPENDIX

  • 8.1 Global Overview
    • 8.1.1 Overview
    • 8.1.2 Porter’s Five Forces Framework (Industry Attractiveness Analysis)
    • 8.1.3 Global Value Chain Analysis
    • 8.1.4 Market Dynamics (DROs)
  • 8.2 Sources & References
  • 8.3 List of Tables & Figures
  • 8.4 Primary Insights
  • 8.5 Data Pack
  • 8.6 Glossary of Terms
** Subject To Availablity

List of Tables & Figures

  1. Figure 1:  
  2. PRODUCTION REVENUE OF AEROSPACE COMPONENTS, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 2:  
  2. PRODUCTION VOLUME OF AUTOMOBILES, UNITS, NORTH AMERICA, 2017 - 2029
  1. Figure 3:  
  2. FLOOR AREA OF NEW CONSTRUCTION, SQUARE FEET, NORTH AMERICA, 2017 - 2029
  1. Figure 4:  
  2. PRODUCTION REVENUE OF ELECTRICAL AND ELECTRONICS, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 5:  
  2. PRODUCTION VOLUME OF PLASTIC PACKAGING, TONS, NORTH AMERICA, 2017 - 2029
  1. Figure 6:  
  2. IMPORT REVENUE OF POLYCARBONATE (PC) TRADE BY TOP COUNTRIES, USD, NORTH AMERICA, 2017 - 2021
  1. Figure 7:  
  2. EXPORT REVENUE OF POLYCARBONATE (PC) TRADE BY TOP COUNTRIES, USD, NORTH AMERICA, 2017 - 2021
  1. Figure 8:  
  2. NORTH AMERICA POLYCARBONATE (PC) MARKET, PRICE TRENDS, BY COUNTRY, USD PER KG, 2017-2021
  1. Figure 9:  
  2. REVENUE OF POLYCARBONATE (PC) BY FORM TYPE, USD, NORTH AMERICA, 2017, 2023, AND 2029
  1. Figure 10:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED, TONS, NORTH AMERICA, 2017 - 2029
  1. Figure 11:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 12:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, TONS, NORTH AMERICA, 2017 - 2029
  1. Figure 13:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 14:  
  2. VOLUME SHARE OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, %, NORTH AMERICA, 2017, 2023, AND 2029
  1. Figure 15:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, %, NORTH AMERICA, 2017, 2023, AND 2029
  1. Figure 16:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED IN AEROSPACE INDUSTRY, TONS, NORTH AMERICA, 2017 - 2029
  1. Figure 17:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED IN AEROSPACE INDUSTRY, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 18:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED IN AEROSPACE INDUSTRY BY COUNTRY, %, NORTH AMERICA, 2022 VS 2029
  1. Figure 19:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED IN AUTOMOTIVE INDUSTRY, TONS, NORTH AMERICA, 2017 - 2029
  1. Figure 20:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED IN AUTOMOTIVE INDUSTRY, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 21:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED IN AUTOMOTIVE INDUSTRY BY COUNTRY, %, NORTH AMERICA, 2022 VS 2029
  1. Figure 22:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, TONS, NORTH AMERICA, 2017 - 2029
  1. Figure 23:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 24:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY BY COUNTRY, %, NORTH AMERICA, 2022 VS 2029
  1. Figure 25:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, TONS, NORTH AMERICA, 2017 - 2029
  1. Figure 26:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 27:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY BY COUNTRY, %, NORTH AMERICA, 2022 VS 2029
  1. Figure 28:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, TONS, NORTH AMERICA, 2017 - 2029
  1. Figure 29:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 30:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY BY COUNTRY, %, NORTH AMERICA, 2022 VS 2029
  1. Figure 31:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED IN PACKAGING INDUSTRY, TONS, NORTH AMERICA, 2017 - 2029
  1. Figure 32:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED IN PACKAGING INDUSTRY, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 33:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED IN PACKAGING INDUSTRY BY COUNTRY, %, NORTH AMERICA, 2022 VS 2029
  1. Figure 34:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, TONS, NORTH AMERICA, 2017 - 2029
  1. Figure 35:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 36:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY BY COUNTRY, %, NORTH AMERICA, 2022 VS 2029
  1. Figure 37:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED BY COUNTRY, TONS, NORTH AMERICA, 2017 - 2029
  1. Figure 38:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED BY COUNTRY, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 39:  
  2. VOLUME SHARE OF POLYCARBONATE (PC) CONSUMED BY COUNTRY, %, NORTH AMERICA, 2017, 2023, AND 2029
  1. Figure 40:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED BY COUNTRY, %, NORTH AMERICA, 2017, 2023, AND 2029
  1. Figure 41:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED, TONS, CANADA, 2017 - 2029
  1. Figure 42:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED, USD, CANADA, 2017 - 2029
  1. Figure 43:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, %, CANADA, 2022 VS 2029
  1. Figure 44:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED, TONS, MEXICO, 2017 - 2029
  1. Figure 45:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED, USD, MEXICO, 2017 - 2029
  1. Figure 46:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, %, MEXICO, 2022 VS 2029
  1. Figure 47:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED, TONS, UNITED STATES, 2017 - 2029
  1. Figure 48:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED, USD, UNITED STATES, 2017 - 2029
  1. Figure 49:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2029
  1. Figure 50:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, NORTH AMERICA, 2019 - 2021
  1. Figure 51:  
  2. MOST ADOPTED STRATEGIES, COUNT, NORTH AMERICA, 2019 - 2021
  1. Figure 52:  
  2. PRODUCTION CAPACITY SHARE OF POLYCARBONATE (PC) BY MAJOR PLAYERS, %, NORTH AMERICA, 2022

North America Polycarbonate (PC) Industry Segmentation

Aerospace, Automotive, Building and Construction, Electrical and Electronics, Industrial and Machinery, Packaging are covered as segments by End User Industry. Canada, Mexico, United States are covered as segments by Country.

  • Polycarbonate is popular in the region for its high impact strength, lightweight, UV resistance, optical transmission, electrical, and many other properties. The impact strength of the polycarbonate sheet is 200 times more than common glass. Polycarbonate can transmit 90% of light through it, the same as glass. The demand for polycarbonate in the region is expected to grow by 7.93%, by value, in 2023 compared to 2022.
  • The rising trend of new production technology of polycarbonate from carbon dioxide gas (CO2) instead of bisphenol (BPA), which is toxic in nature, has driven the market over recent years.
  • The polycarbonate market in the region declined by 7.8% in terms of value in 2020 compared to 2019. The COVID-19 pandemic during the same period halted production facilities for nearly three months because of nationwide lockdowns in several countries, including the United States, Mexico, and Canada. The supply chain disruptions, raw material shortages, and stoppage of trade exchanges across the region resulted in such a decline. However, the demand regained in 2021 with a growth rate of 18.24% compared to 2020, owing to the resumption of production facilities to its annual capacity output.
  • Polycarbonate is widely used in the electrical and electronics industry for various applications in North America. The industry consumed nearly 126 thousand tons of polycarbonate resin in North America. The rising trend of high-strength and lightweight material in consumer electronics is expected to drive the demand for polycarbonate resins in North America. The electrical and electronics industry is expected to be the fastest-growing end-user industry in North America, registering a CAGR of 8.29%, by value, during the forecast period, 2023-2029.
End User Industry Aerospace
Automotive
Building and Construction
Electrical and Electronics
Industrial and Machinery
Packaging
Other End-user Industries
Country Canada
Mexico
United States
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Market Definition

  • End-user Industry - Building & Construction, Packaging, Automotive, Aerospace, Industrial Machinery, Electrical & Electronics, and Others are the end-user industries considered under the polycarbonate market.
  • Resin - Under the scope of the study, virgin polycarbonate resin in its primary forms such as powder, granule, etc. are considered.
Keyword Definition
Acetal This is a rigid material that has a slippery surface. It can easily withstand wear and tear in abusive work environments. This polymer is used for building applications such as gears, bearings, valve components, etc.
Acrylic This synthetic resin is a derivative of acrylic acid. It forms a smooth surface and is mainly used for various indoor applications. The material can also be used for outdoor applications with a special formulation.
Cast film A cast film is made by depositing a layer of plastic onto a surface then solidifying and removing the film from that surface. The plastic layer can be in molten form, in a solution, or in dispersion.
Colorants & Pigments Colorants & Pigments are additives used to change the color of the plastic. They can be a powder or a resin/color premix.
Composite material A composite material is a material that is produced from two or more constituent materials. These constituent materials have dissimilar chemical or physical properties and are merged to create a material with properties unlike the individual elements.
Degree of Polymerization (DP) The number of monomeric units in a macromolecule, polymer, or oligomer molecule is referred to as the degree of polymerization or DP. Plastics with useful physical properties often have DPs in the thousands.
Dispersion To create a suspension or solution of material in another substance, fine, agglomerated solid particles of one substance are dispersed in a liquid or another substance to form a dispersion.
Fiberglass Fiberglass-reinforced plastic is a material made up of glass fibers embedded in a resin matrix. These materials have high tensile and impact strength. Handrails and platforms are two examples of lightweight structural applications that use standard fiberglass.
Fiber-reinforced polymer (FRP) Fiber-reinforced polymer is a composite material made of a polymer matrix reinforced with fibers. The fibers are usually glass, carbon, aramid, or basalt.
Flake This is a dry, peeled-off piece, usually with an uneven surface, and is the base of cellulosic plastics.
Fluoropolymers This is a fluorocarbon-based polymer with multiple carbon-fluorine bonds. It is characterized by high resistance to solvents, acids, and bases. These materials are tough yet easy to machine. Some of the popular fluoropolymers are PTFE, ETFE, PVDF, PVF, etc.
Kevlar Kevlar is the commonly referred name for aramid fiber, which was initially a Dupont brand for aramid fiber. Any group of lightweight, heat-resistant, solid, synthetic, aromatic polyamide materials that are fashioned into fibers, filaments, or sheets is called aramid fiber. They are classified into Para-aramid and Meta-aramid.
Laminate A structure or surface composed of sequential layers of material bonded under pressure and heat to build up to the desired shape and width.
Nylon They are synthetic fiber-forming polyamides formed into yarns and monofilaments. These fibers possess excellent tensile strength, durability, and elasticity. They have high melting points and can resist chemicals and various liquids.
PET preform A preform is an intermediate product that is subsequently blown into a polyethylene terephthalate (PET) bottle or a container.
Plastic compounding Compounding consists of preparing plastic formulations by mixing and/or blending polymers and additives in a molten state to achieve the desired characteristics. These blends are automatically dosed with fixed setpoints usually through feeders/hoppers.
Plastic pellets Plastic pellets, also known as pre-production pellets or nurdles, are the building blocks for nearly every product made of plastic.
Polymerization It is a chemical reaction of several monomer molecules to form polymer chains that form stable covalent bonds.
Styrene Copolymers A copolymer is a polymer derived from more than one species of monomer, and a styrene copolymer is a chain of polymers consisting of styrene and acrylate.
Thermoplastics Thermoplastics are defined as polymers that become soft material when it is heated and becomes hard when it is cooled. Thermoplastics have wide-ranging properties and can be remolded and recycled without affecting their physical properties.
Virgin Plastic It is a basic form of plastic that has never been used, processed, or developed. It may be considered more valuable than recycled or already used materials.
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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
  • Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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North America Polycarbonate (PC) Market Research FAQs

The North America Polycarbonate (PC) Market size is expected to reach USD 2.07 billion in 2024 and grow at a CAGR of 6.68% to reach USD 2.86 billion by 2029.

In 2024, the North America Polycarbonate (PC) Market size is expected to reach USD 2.07 billion.

Covestro AG, Formosa Plastics Group, LG Chem, Mitsubishi Chemical Corporation and SABIC are the major companies operating in the North America Polycarbonate (PC) Market.

In the North America Polycarbonate (PC) Market, the Electrical and Electronics segment accounts for the largest share by end user industry.

In 2024, United States accounts for the largest share by country in the North America Polycarbonate (PC) Market.

In 2023, the North America Polycarbonate (PC) Market size was estimated at 2.07 billion. The report covers the North America Polycarbonate (PC) Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Polycarbonate (PC) Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

North America Polycarbonate (PC) Industry Report

Statistics for the 2023 North America Polycarbonate (PC) market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Polycarbonate (PC) analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

North America Polycarbonate (PC) Market Report Snapshots

North America Polycarbonate (PC) Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

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