New York, Oct. 07, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “Global Polyester and Polycarbonate Blends Market – Competition Forecast and Opportunities, 2027” – https://www.reportlinker.com /p06325881/?utm_source=GNW
The global polyester and polycarbonate blends market is expected to grow with an impressive CAGR over the forecast years owing to the wide applications of the material in various product packaging in end-use industries. The application of polycarbonate and polyester blend in the automotive industry to reduce the weight of automobiles and reduce the use of plastic is further driving the growth of the global polycarbonate and polyester blend market over the next five years.
Polycarbonates are formed with the group of thermoplastic polymers that contain carbonate groups in their basic chemical structure. Polyester is a class of polymers that contain the ester functional group in each repeating unit of their main chain.
As a specific material, it most often refers to a type called polyethylene terephthalate (PET). The combination of materials imparts various properties to the manufactured product, such as moisture resistance, good heat absorption, and chemical and electrical resistance.
The material also has oxidative and thermal stability and therefore can be used to produce goods in demand for properties such as electronic devices, car bodies, etc. The manufacturing process is entirely ecological and recyclable.
Growing demand from the automotive industry
Rising demand for personal and commercial vehicles is driving the growth of the global polycarbonate and polyester blend market over the next five years. growth of the global market for polycarbonate and polyester blends over the next five years.
The growing demand for the production of exteriors with recyclable materials such as polycarbonate and folded polyester also guarantees fire protection. The material provides significant safety in the event of sudden combustion and gives the passenger the chance to escape.
The demand for electrical appliances is facilitating the growth of the market
Rising demand and hence sales of electrical appliances is driving the growth of the global polyester and polycarbonate blends market significantly over the next five years. Innovative product launches in the electrical industry such as switch relays and connectors, sensor parts and lights, LCD and LED sections, smartphones and computers are further fueling the growth of the global polycarbonate blends market and polyester in the next five years.
Moreover, increasing production and commercialization of bio-based polycarbonates would also add value for future market growth. Polycarbonate sheets are in great demand by the construction industry.
These are also used in the production of hardware gadgets and optical equipment. It is in high demand by the automotive industry due to its lightness.
In addition, this material meets the standards set by various authorities for quality control and safety. It offers full heat resistance and is a good electrical insulation material.
Due to its lightweight and shatterproof characteristics which make it a perfect blend for casing material, mobile phone and computer production, etc.
The global polyester and polycarbonate blends market segmentation is based on resin, quality, throughput, end-use, regional distribution, and competitive landscape. Based on resin, the market is further segmented into PC-PBT, PC-ABS, PC-ASA and others.
By grade, the market is fragmented into injection, extrusion, general purpose and others. Depending on the speed, the market is also differentiated into high speed, medium speed and low speed.
By end use, the market is divided into automotive, consumer durables, medical, utilities, optical media, and others. The market analysis also studies the regional segmentation, divided into Asia-Pacific region, North America region, Europe & CIS region, South America region, and Middle East & Africa region.
Sabic, Covestro, Ineos Group, Lotte Chemical Corporation, Bhansali Engineering Polymers Ltd., Mitsubishi Chemicals, LG Chem Ltd., Polkemi, Duromer Products, Entec Polymers, are in a partial list of major players in the global market for polycarbonate blends and polyester. .
In this report, the global Polyester and Polycarbonate Blends market has been segmented into the following categories, in addition to industry trends which have also been detailed below:
• Market for polyester and polycarbonate blends, by resin:
• Polyester and polycarbonate blend market, by category:
o General purpose
• Market for the mixture of polyester and polycarbonate, by flow rate:
o Average flow
o Low throughput
• Polyester and polycarbonate blend market, by end use:
o Durable consumer goods
o Optical media
• Polyester and polycarbonate blend market, by region:
o North America
o Europe & CIS
o South America
o Middle East and Africa
United Arab Emirates
Company Profiles: Detailed analysis of the major companies present in the global Polyester and Polycarbonate Blends market.
With the market data provided, we offer customizations based on a company’s specific needs. The following customization options are available for the report:
• Detailed analysis and profiling of other market players (up to five).
Read the full report: https://www.reportlinker.com/p06325881/?utm_source=GNW
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