Polycarbonate Composites Market Research 2021-2026: Applications, Type, Deployment, Organization Size, Verticals Forecast
Market Summary The Global Polycarbonate Composite Market is expected to register a CAGR of 5.8% and reach around USD 3.5 Billion during the forecast period. Polycarbonate composite is produced from bisphenol A and carbonyl chloride. It is majorly used as an alternative to polyvinyl chloride in the medical, electronic, and automotive industries due to its high flexibility, high impact resistance, stiffness, and strength. Segment Analysis Based on applications, the global market has been segmented into automotive plastic, medical instruments, electrical engineering, consumer electronics, and others. The automotive plastic segment is the fastest-growing segment due to the shift in trend towards lightweight vehicles. Electrical engineering is expected to grow with healthy CAGR owing to consumers' inclination towards smart devices and home appliances. Moreover, polycarbonate composite is used in the manufacturing of medical equipment and devices such as drug delivery, cardiovascular, ...