Global polycarbonate films market is anticipated to grow at a CAGR of 6.9% during the forecast period (2024-2031). The growing demand for polycarbonate films across several end-user industries is a key factor driving the growth of the global market. The supply chain of these films is highly dependent on a few major manufacturers including Covestro AG, Mitsubishi Chemical Corp., LG Chem Ltd., and SABIC among others. Therefore, the key polycarbonate manufacturers are focusing on production capacity expansions, partnerships, and distribution network expansion to contribute towards the proper supply of polycarbonate films in the market.
Some Recent Projects of Major Manufacturers
- In March 2024, Covestro AG inaugurates a new production plant for polycarbonate copolymer production. This manufacturing plant can produce these high-quality plastics on an industrial scale at its Antwerp site in Belgium. The new platform technology, which the company developed itself, is based on an innovative, solvent-free melt process in combination with a new reactor concept.
- In January 2024, Covestro Partners with Encina for circular chemicals supply in the sustainability drive. Encina will supply Covestro with chemically recycled circular feedstock derived from post-consumer end-of-life plastic, specifically benzene and toluene. This agreement, marking Covestro’s first major procurement of chemically recycled raw materials, advances the company’s journey towards full circularity and contributes in reducing scope 3 emissions.
- In 2023, Mitsubishi Chemical Corp. announced the expansion of their production capabilities for polycarbonate films, aiming to meet the rising demand for polycarbonate films in the automotive and electronics sectors.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Type
- By End-User Industry
Regions Covered-
- Asia-Pacific
- North America
- Europe
- Rest of the World
Competitive Landscape- 3M Company, Covestro AG, Mitsubishi Chemical Corp., LG Chem Ltd., Teijin Ltd., and SABIC among others.
Polycarbonate Films Market Report Segment
By Type
- Clear
- Colored/Tinted
By End-User Industry
- Automotive
- Building & Construction
- Consumer Products
- Electrical & Electronics
- Medical
- Other (Agriculture)
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Polycarbonate Films Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- 3A Composites GmbH
- 3M Company
- Arla Plast AB
- Brett Martin Ltd.
- Chi Mei Corp.
- DS Smith Plc
- Koscon Industrial SA
- LOTTE Chemical Corp.
- Mitsubishi Gas Chemical Company, Inc.
- Orafol
- Palram Industries
- Plazit Polygal Group
- Rowland Technologies
- SABIC
- Stabilit Europa
- Suzhou Omay Optical Materials Co., Ltd.
- Trinseo Plc
- Wiman Corp.
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