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

The Europe Polycarbonate (PC) Market is segmented by End User Industry (Aerospace, Automotive, Building and Construction, Electrical and Electronics, Industrial and Machinery, Packaging) and by Country (France, Germany, Italy, Russia, United Kingdom). 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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Europe Polycarbonate (PC) Market Size

Europe Polycarbonate (PC) Market Summary
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svg icon Study Period 2017 - 2029
svg icon Market Size (2024) USD 3.89 Billion
svg icon Market Size (2029) USD 5.15 Billion
svg icon Largest Share by End User Industry Building and Construction
svg icon CAGR (2024 - 2029) 5.77 %
svg icon Largest Share by Country Germany
svg icon Market Concentration High

Major Players
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*Disclaimer: Major Players sorted in alphabetical order.

Key Players

Compare market size and growth of Europe Polycarbonate (PC) Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

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Europe Polycarbonate (PC) Market Analysis

The Europe Polycarbonate (PC) Market size is estimated at 3.89 billion USD in 2024, and is expected to reach 5.15 billion USD by 2029, growing at a CAGR of 5.77% during the forecast period (2024-2029).

3.89 Billion

Market Size in 2024 (USD)

5.15 Billion

Market Size in 2029 (USD)

4.19 %

CAGR (2017-2023)

5.77 %

CAGR (2024-2029)

Largest Market by End-user Industry

16.67 %

value share, Building and Construction, 2023

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The construction industry held the largest market share owing to the growing construction of commercial buildings and increased use of polycarbonate materials in the segment.

Fastest Growing Market by End-user Industry

7.25 %

Projected CAGR, Electrical and Electronics, 2024-2029

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Owing to the use of polycarbonate in various electrical and electronics components, the industry is likely to witness the fastest growth over the forecast period.

Largest Market by Country

13.37 %

value share, Germany, 2023

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With a 37% share in the production of machine tools and a 22% share in electrical and electronic production in Europe, Germany occupied the largest market share.

Fastest Growing Market by Country

6.23 %

Projected CAGR, United Kingdom, 2024-2029

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The nation is projected to grow at the fastest rate over the forecast period because of its expanding aerospace and electronics industries.

Leading Market Player

40.91 %

market share, Covestro AG, 2022

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Covestro is the largest polycarbonate producer in Europe, with a production capacity of 540 kilotons and a large distribution network that ensures sales in different countries.

Upcoming construction projects to boost polycarbonate demand

  • Polycarbonate (PC) is used in various applications, such as compact discs, bullet-proof glasses, car headlamp lenses, roofing, and glazing, due to its high impact strength, lightweight property, UV resistance, and optical transmission. In 2022, the European polycarbonate (PC) market accounted for 19% of the global polycarbonate (PC) market in terms of value.
  • In 2020, due to the COVID-19 pandemic, the PC market declined by 10.41% in terms of value compared to 2019, attributed to supply chain disruptions, raw material shortages, and the halting of trade exchanges throughout the region. With the resumption of production facilities, the demand for PC resin increased by 19.22% in terms of value in 2021 compared to 2020.
  • Automotive and building and construction are the region's largest consumers of PC resin. The region's new construction floor area is expected to reach 9.5 billion sq. ft in 2029 from 7.8 billion sq. ft in 2023. Vehicle production in the region is projected to reach 20.7 million units in 2029 from 18.3 million units in 2023. The region's increasing construction and vehicle production is projected to drive the demand for PC resin over the coming years.
  • Aerospace is the region's fastest-growing end-user industry for PC resin, with a projected CAGR of 7.38% in terms of value during the forecast period. The rising trend of high-strength and lightweight materials in the aerospace industry is expected to drive the demand for PC resin in the region. The region's aircraft component production revenue is projected to reach USD 348.8 billion in 2029 from USD 243.2 billion in 2023. The growing production of aerospace components in the region is projected to drive the demand for PC resin.
Europe Polycarbonate (PC) Market

Automotive production may boost the growth of polycarbonate across the region

  • Europe accounted for 19% (by volume) of the global consumption of polycarbonate resin in 2022. Polycarbonate is used in European countries, such as France and Germany, in various industries, including automotive, aerospace, and electrical and electronics. Countries such as Germany, Russia, and Italy are the leading consumers of polycarbonate resin in the region.
  • Germany is the largest consumer of polycarbonate in the region due to its growing aerospace, automotive, and electrical and electronics industries. Aircraft components and vehicle production held a share of around 16.9% by revenue and 20.19% by volume in 2021 at the regional level, driving the demand for polycarbonate resin. The growing automotive and electrical and electronics production is expected to drive the demand for polycarbonate resin.
  • The demand for polycarbonate resin in Italy is increasing significantly due to growing production in the automotive and electrical and electronics industries. Italy is the European Union's fifth-largest vehicle producer. In 2022, the country produced 1.08 million units, 6.13% (by volume) of the region. The country's electrical and electronics industry is also expanding, and the revenue is projected to amount to USD 17.15 billion in 2023. These factors are expected to drive the demand for polycarbonate resins in Europe during the forecast period.
  • The United Kingdom is expected to be the fastest-growing consumer of polycarbonate resin, with a CAGR of 6.19% by revenue during the forecast period (2023-2029). The growth in vehicle production, with the highest CAGR of 3.4% (in volume) in the region, is expected to drive the demand for PC resin in the country.

Europe Polycarbonate (PC) Market Trends

Technological innovations to boost the consumer electronics market

  • Europe's electrical and electronics production registered a CAGR of over 3.8% between 2017 and 2021. The rapid pace of electronic technological innovation is driving consistent demand for newer and faster electrical and electronic products. As a result, it has also increased the demand for electrical and electronics production in the region.
  • Despite the increased demand for computers and laptops due to remote working and distance learning, the average revenue per user in the European consumer electronics segment dropped by 6.3%. It generated a revenue of around USD 252.1 billion in 2020. As a result, in 2020, the electrical and electronic production in the region decreased by 2.8% by revenue compared to the previous year.
  • In 2021, Europe's electrical and electronic equipment exports were around USD 228.37 billion, 12.4% higher compared to 2020. As a result, electrical and electronic production in the region increased and registered 11.6% in 2021 compared to the previous year.​
  • Robotics, virtual reality and augmented reality, IoT (Internet of Things), and 5G connectivity are expected to grow during the forecast period. As a result of technological advancements, demand for consumer electronics is expected to rise during the forecast period. The consumer electronics segment in the region is projected to reach a revenue of around USD 157.2 billion in 2027 from USD 121.1 billion in 2023. By 2027, Europe is projected to be the second-largest electrical and electronics production accounting for around 12.7% of the global market. As a result, the rise in consumer electronics is projected to increase the demand for electrical and electronics production in the coming years.
Europe Polycarbonate (PC) Market

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • Demand for commercial and military aircraft to drive the component production growth
  • EU government policies and initiatives to augment the construction industry
  • Automotive industry largely impacts imports of the region
  • Sheets and films to dominate over the coming years
  • Electric vehicles to foster the growth of automobile production
  • E-commerce and flexible packaging to boost the plastic packaging market
  • Crude oil prices to influence the resin prices in the coming years
  • IBM created a one-step recycling process for PC that does not result in the release of bisphenol A (BPA) into the environment

Europe Polycarbonate (PC) Industry Overview

The Europe Polycarbonate (PC) Market is fairly consolidated, with the top five companies occupying 100%. The major players in this market are Covestro AG, Mitsubishi Chemical Corporation, SABIC, SIBUR Holding PJSC and Trinseo (sorted alphabetically).

Europe Polycarbonate (PC) Market Leaders

  1. Covestro AG

  2. Mitsubishi Chemical Corporation

  3. SABIC

  4. SIBUR Holding PJSC

  5. Trinseo

Europe Polycarbonate (PC) Market Concentration

Other important companies include CHIMEI, Formosa Plastics Group, LG Chem, Lotte Chemical, Teijin Limited.

*Disclaimer: Major Players sorted in alphabetical order.

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Europe 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.
  • December 2021: Covestro AG started supplying the world´s first climate-neutral makrolon polycarbonate grades from its Uerdingen site in Germany.
  • November 2021: SIBUR Holding PJSC was expected to complete the expansion of its PC resin production in 2022 to increase its design capacity to 100,000 tons.

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.

Europe Polycarbonate (PC) Market
Europe Polycarbonate (PC) Market
Europe Polycarbonate (PC) Market
Europe Polycarbonate (PC) Market

Europe Polycarbonate (PC) Market Report - Table of Contents

  1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. REPORT OFFERS

  3. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study​

    3. 1.3. Research Methodology

  4. 2. KEY INDUSTRY TRENDS

    1. 2.1. End User Trends

      1. 2.1.1. Aerospace

      2. 2.1.2. Automotive

      3. 2.1.3. Building and Construction

      4. 2.1.4. Electrical and Electronics

      5. 2.1.5. Packaging

    2. 2.2. Import And Export Trends

      1. 2.2.1. Polycarbonate (PC) Trade

    3. 2.3. Price Trends

    4. 2.4. Form Trends

    5. 2.5. Recycling Overview

      1. 2.5.1. Polycarbonate (PC) Recycling Trends

    6. 2.6. Regulatory Framework

      1. 2.6.1. EU

      2. 2.6.2. France

      3. 2.6.3. Germany

      4. 2.6.4. Italy

      5. 2.6.5. Russia

      6. 2.6.6. United Kingdom

    7. 2.7. Value Chain & Distribution Channel Analysis

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

    1. 3.1. End User Industry

      1. 3.1.1. Aerospace

      2. 3.1.2. Automotive

      3. 3.1.3. Building and Construction

      4. 3.1.4. Electrical and Electronics

      5. 3.1.5. Industrial and Machinery

      6. 3.1.6. Packaging

      7. 3.1.7. Other End-user Industries

    2. 3.2. Country

      1. 3.2.1. France

      2. 3.2.2. Germany

      3. 3.2.3. Italy

      4. 3.2.4. Russia

      5. 3.2.5. United Kingdom

      6. 3.2.6. Rest of Europe

  6. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. 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).

      1. 4.4.1. CHIMEI

      2. 4.4.2. Covestro AG

      3. 4.4.3. Formosa Plastics Group

      4. 4.4.4. LG Chem

      5. 4.4.5. Lotte Chemical

      6. 4.4.6. Mitsubishi Chemical Corporation

      7. 4.4.7. SABIC

      8. 4.4.8. SIBUR Holding PJSC

      9. 4.4.9. Teijin Limited

      10. 4.4.10. Trinseo

  7. 5. KEY STRATEGIC QUESTIONS FOR ENGINEERING PLASTICS CEOS

  8. 6. APPENDIX

    1. 6.1. Global Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter’s Five Forces Framework (Industry Attractiveness Analysis)

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Market Dynamics (DROs)

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. PRODUCTION REVENUE OF AEROSPACE COMPONENTS, USD, EUROPE, 2017 - 2029
  1. Figure 2:  
  2. PRODUCTION VOLUME OF AUTOMOBILES, UNITS, EUROPE, 2017 - 2029
  1. Figure 3:  
  2. FLOOR AREA OF NEW CONSTRUCTION, SQUARE FEET, EUROPE, 2017 - 2029
  1. Figure 4:  
  2. PRODUCTION REVENUE OF ELECTRICAL AND ELECTRONICS, USD, EUROPE, 2017 - 2029
  1. Figure 5:  
  2. PRODUCTION VOLUME OF PLASTIC PACKAGING, TONS, EUROPE, 2017 - 2029
  1. Figure 6:  
  2. IMPORT REVENUE OF POLYCARBONATE (PC) TRADE BY TOP COUNTRIES, USD, EUROPE, 2017 - 2021
  1. Figure 7:  
  2. EXPORT REVENUE OF POLYCARBONATE (PC) TRADE BY TOP COUNTRIES, USD, EUROPE, 2017 - 2021
  1. Figure 8:  
  2. EUROPE POLYCARBONATE (PC) MARKET, PRICE TRENDS, BY COUNTRY, USD PER KG, 2017-2021
  1. Figure 9:  
  2. REVENUE OF POLYCARBONATE (PC) BY FORM TYPE, USD, EUROPE, 2017, 2023, AND 2029
  1. Figure 10:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED, TONS, EUROPE, 2017 - 2029
  1. Figure 11:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED, USD, EUROPE, 2017 - 2029
  1. Figure 12:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, TONS, EUROPE, 2017 - 2029
  1. Figure 13:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, USD, EUROPE, 2017 - 2029
  1. Figure 14:  
  2. VOLUME SHARE OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, %, EUROPE, 2017, 2023, AND 2029
  1. Figure 15:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, %, EUROPE, 2017, 2023, AND 2029
  1. Figure 16:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED IN AEROSPACE INDUSTRY, TONS, EUROPE, 2017 - 2029
  1. Figure 17:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED IN AEROSPACE INDUSTRY, USD, EUROPE, 2017 - 2029
  1. Figure 18:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED IN AEROSPACE INDUSTRY BY COUNTRY, %, EUROPE, 2022 VS 2029
  1. Figure 19:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED IN AUTOMOTIVE INDUSTRY, TONS, EUROPE, 2017 - 2029
  1. Figure 20:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED IN AUTOMOTIVE INDUSTRY, USD, EUROPE, 2017 - 2029
  1. Figure 21:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED IN AUTOMOTIVE INDUSTRY BY COUNTRY, %, EUROPE, 2022 VS 2029
  1. Figure 22:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, TONS, EUROPE, 2017 - 2029
  1. Figure 23:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, USD, EUROPE, 2017 - 2029
  1. Figure 24:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY BY COUNTRY, %, EUROPE, 2022 VS 2029
  1. Figure 25:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, TONS, EUROPE, 2017 - 2029
  1. Figure 26:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, USD, EUROPE, 2017 - 2029
  1. Figure 27:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY BY COUNTRY, %, EUROPE, 2022 VS 2029
  1. Figure 28:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, TONS, EUROPE, 2017 - 2029
  1. Figure 29:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, USD, EUROPE, 2017 - 2029
  1. Figure 30:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY BY COUNTRY, %, EUROPE, 2022 VS 2029
  1. Figure 31:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED IN PACKAGING INDUSTRY, TONS, EUROPE, 2017 - 2029
  1. Figure 32:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED IN PACKAGING INDUSTRY, USD, EUROPE, 2017 - 2029
  1. Figure 33:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED IN PACKAGING INDUSTRY BY COUNTRY, %, EUROPE, 2022 VS 2029
  1. Figure 34:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, TONS, EUROPE, 2017 - 2029
  1. Figure 35:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, USD, EUROPE, 2017 - 2029
  1. Figure 36:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY BY COUNTRY, %, EUROPE, 2022 VS 2029
  1. Figure 37:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED BY COUNTRY, TONS, EUROPE, 2017 - 2029
  1. Figure 38:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED BY COUNTRY, USD, EUROPE, 2017 - 2029
  1. Figure 39:  
  2. VOLUME SHARE OF POLYCARBONATE (PC) CONSUMED BY COUNTRY, %, EUROPE, 2017, 2023, AND 2029
  1. Figure 40:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED BY COUNTRY, %, EUROPE, 2017, 2023, AND 2029
  1. Figure 41:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED, TONS, FRANCE, 2017 - 2029
  1. Figure 42:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED, USD, FRANCE, 2017 - 2029
  1. Figure 43:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, %, FRANCE, 2022 VS 2029
  1. Figure 44:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED, TONS, GERMANY, 2017 - 2029
  1. Figure 45:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED, USD, GERMANY, 2017 - 2029
  1. Figure 46:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, %, GERMANY, 2022 VS 2029
  1. Figure 47:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED, TONS, ITALY, 2017 - 2029
  1. Figure 48:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED, USD, ITALY, 2017 - 2029
  1. Figure 49:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, %, ITALY, 2022 VS 2029
  1. Figure 50:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED, TONS, RUSSIA, 2017 - 2029
  1. Figure 51:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED, USD, RUSSIA, 2017 - 2029
  1. Figure 52:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, %, RUSSIA, 2022 VS 2029
  1. Figure 53:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED, TONS, UNITED KINGDOM, 2017 - 2029
  1. Figure 54:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED, USD, UNITED KINGDOM, 2017 - 2029
  1. Figure 55:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, %, UNITED KINGDOM, 2022 VS 2029
  1. Figure 56:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED, TONS, REST OF EUROPE, 2017 - 2029
  1. Figure 57:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED, USD, REST OF EUROPE, 2017 - 2029
  1. Figure 58:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, %, REST OF EUROPE, 2022 VS 2029
  1. Figure 59:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, EUROPE, 2019 - 2021
  1. Figure 60:  
  2. MOST ADOPTED STRATEGIES, COUNT, EUROPE, 2019 - 2021
  1. Figure 61:  
  2. PRODUCTION CAPACITY SHARE OF POLYCARBONATE (PC) BY MAJOR PLAYERS, %, EUROPE, 2022

Europe Polycarbonate (PC) Industry Segmentation

Aerospace, Automotive, Building and Construction, Electrical and Electronics, Industrial and Machinery, Packaging are covered as segments by End User Industry. France, Germany, Italy, Russia, United Kingdom are covered as segments by Country.

  • Polycarbonate (PC) is used in various applications, such as compact discs, bullet-proof glasses, car headlamp lenses, roofing, and glazing, due to its high impact strength, lightweight property, UV resistance, and optical transmission. In 2022, the European polycarbonate (PC) market accounted for 19% of the global polycarbonate (PC) market in terms of value.
  • In 2020, due to the COVID-19 pandemic, the PC market declined by 10.41% in terms of value compared to 2019, attributed to supply chain disruptions, raw material shortages, and the halting of trade exchanges throughout the region. With the resumption of production facilities, the demand for PC resin increased by 19.22% in terms of value in 2021 compared to 2020.
  • Automotive and building and construction are the region's largest consumers of PC resin. The region's new construction floor area is expected to reach 9.5 billion sq. ft in 2029 from 7.8 billion sq. ft in 2023. Vehicle production in the region is projected to reach 20.7 million units in 2029 from 18.3 million units in 2023. The region's increasing construction and vehicle production is projected to drive the demand for PC resin over the coming years.
  • Aerospace is the region's fastest-growing end-user industry for PC resin, with a projected CAGR of 7.38% in terms of value during the forecast period. The rising trend of high-strength and lightweight materials in the aerospace industry is expected to drive the demand for PC resin in the region. The region's aircraft component production revenue is projected to reach USD 348.8 billion in 2029 from USD 243.2 billion in 2023. The growing production of aerospace components in the region is projected to drive the demand for PC resin.
End User Industry
Aerospace
Automotive
Building and Construction
Electrical and Electronics
Industrial and Machinery
Packaging
Other End-user Industries
Country
France
Germany
Italy
Russia
United Kingdom
Rest of Europe
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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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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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Europe Polycarbonate (PC) Market Research FAQs

The Europe Polycarbonate (PC) Market size is expected to reach USD 3.89 billion in 2024 and grow at a CAGR of 5.77% to reach USD 5.15 billion by 2029.

In 2024, the Europe Polycarbonate (PC) Market size is expected to reach USD 3.89 billion.

Covestro AG, Mitsubishi Chemical Corporation, SABIC, SIBUR Holding PJSC and Trinseo are the major companies operating in the Europe Polycarbonate (PC) Market.

In the Europe Polycarbonate (PC) Market, the Building and Construction segment accounts for the largest share by end user industry.

In 2024, Germany accounts for the largest share by country in the Europe Polycarbonate (PC) Market.

In 2023, the Europe Polycarbonate (PC) Market size was estimated at 3.89 billion. The report covers the Europe Polycarbonate (PC) Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Polycarbonate (PC) Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Europe Polycarbonate (PC) Industry Report

Statistics for the 2023 Europe Polycarbonate (PC) market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe 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.

Europe Polycarbonate (PC) Market Report Snapshots

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