Mordor Intelligence released its 2018 list of companies with the highest market share of the Polycarbonate Sheets & Films Market.
According to the report, here are the top five global players:
Covestro, being the largest manufacturer of polycarbonate, globally, is primarily focusing on expanding its production capacities to strengthen its position over the forecast period. To cater to the growing electronics, healthcare, and automotive industries in China and other Asian countries, the company has expansion strategy to increase its total production of polycarbonate and also to maintain its top position in the market. Other methods, such as recycling process technology, are being adopted by the company to recycle saltwater obtained at the production site, to produce chlorine and sodium hydroxide, which can be further used as raw materials for polycarbonate production. Through such processes, Covestro is emphasizing on the inclusion of environment-friendly, as well as energy-efficient methods in the production lines.
2. Mitsubishi Gas Chemical Corporation
Mitsubishi is focusing on expanding the specialty polycarbonate segment, to provide products to specific end-user industries. These include the production of polycarbonates with high refractive indices and low birefringence, for use in camera lenses and optical films. These products are expected to find increasing applications in automotive systems and security cameras in the near future. Innovations in the product portfolio, such as the introduction of bio-based polycarbonate products, have also been among the key strategies adopted by the company.
SABIC is one of largest producers of polycarbonate around the world. The company always looks to expand its operations and production facilities according to its marketing strategy and changing demand dynamics. The company has increased its footprint regarding polycarbonate sheets, by supplying high-quality products through its local distributors. Owing to higher capital expending on support growth and innovation projects, the company is focusing on capital efficiency and higher optimization of operations. It is investing in R&D for polycarbonate product development and has many related proprietary technologies for its products.
4. 3A Composites GmbH
3A Composites GmbH has successfully positioned its polycarbonate and polyester range of products under the brand name Polycasa. The company has focused on the brand strategy to gain a leading market position, along with brand recognition. It manufactures high-quality plastic sheets, along with products, such as aluminum composite panels, structural composite material, and lightweight foam boards for architecture, visual communication, and transport & industry, etc., thereby, complementing its various business portfolios.
Trinseo, a leading global manufacturer of performance materials and plastics, largely relies on polycarbonate and polystyrene margins to achieve higher EBITDA. The company is looking forward to focussing more on high-value polycarbonate products for developed regions, in the near future.
Here are some of the other key players mentioned in the market report:
Mitsubishi Gas Chemical Company Inc.
3A Composites GmbH (Polycasa),
Chi Mei Corporation
Mordor Intelligence is a market intelligence and advisory firm operating in 14 industry segments, serving over 600 clients, worldwide.