Wednesday 26 February 2014

Automotive Industry Demand Responsible for the Growth of Global Polycarbonate Market

Reportstack has announced a new market research publication on Automotive Industry Demand Responsible for the Growth of Global Polycarbonate Market which finds that higher demand from the automotive industry is responsible for the growth of the Global Polycarbonate Market over the forecast period of 2014-2018.
Over the years, increased use of engineering resins in automobile manufacturing has led to  a greater demand for polycarbonates. These materials can be easily molded and thermoformed, and as such are finding many applications in the industry.
Polycarbonates is being used in various automotive industry components, like instrument panels, center consoles, door panels, roof components, rear windshield glazing, wheel covers, door handles, interior trims, headlight lenses and housings, and bumpers.
Globally, the polycarbonate market is highly fragmented with the presence of several vendors. Two of the key vendors in this market—Bayer MaterialScience and Saudi Basic Industries— are leading chemical production companies with a vast geographical presence and strong holdings in the polycarbonate business. In addition, there are a large number of smaller vendors with regional dominance operating in this market.
To determine the scenario for these vendors in the next 3-4 years, analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance. 
To view the table of contents and know more details please visit Automotive Industry Demand Responsible for the Growth of Global Polycarbonate Market report.

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