Covestro AG one of the world’s leading manufacturers of high-quality polymer materials and their components shipped the first climate-neutral polycarbonate from its Uerdingen, Germany site, in 2021. This polycarbonate is climate neutral from cradle to the factory gate, according to a verified life cycle analysis.
Saudi Basic Industries Corporation (SABIC), a global leader in the chemical industry, launched its certified circular polycarbonate (PC) resin and blends made from the upcycling of post-consumer mixed plastic.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 4835
Published Date: Oct 09, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Increasing availability of more sustainable products and recyclable thermoplastics worldwide and the rise in research and development and collaboration between major key players to manufacture more sustainable thermoplastics such as polycarbonate are the major factors driving the growth of the market.
The market size of polycarbonate sheets is anticipated to attain a CAGR of 5% during the forecast period, i.e., 2024-2036.
The major players in the market are Saudi Basic Industries Corporation, Brett Martin Ltd, Airex AG, Arla Plast AB, AGC Group, Evonik Industries AG, Palram Industries Ltd., Teijin Limited.
The multiwall segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.