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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