Press Release

India Polycarbonate Market to Cross $ 475 Million by 2023

Rising government focus on repairing of ageing infrastructure coupled with increasing socio-economic standards of people to escalate demand for polycarbonate in India through 2023

According to TechSci Research report, “India Polycarbonate Market By Resin Type, By Product Type, By Application, By End User, Competition Forecast & Opportunities, 2013 - 2023, India polycarbonate market is forecast to surpass $ 475 million by 2023 on account of their rising use across various end use sectors. Polycarbonate is a high-performance engineering resin produced by reacting bisphenol-A and phosgene. Properties such as outstanding toughness, optical transparency, rigidity and strength apart from high impact-resistant, heat-resistant, UV resistance and flame-retardant is making polycarbonates a favorable choice among various industries.  Polycarbonates are being increasingly used across a range of applications including roofing, shatter-resistant glass, electrical insulator glazing, car window applications, transparent sections of the car, headlight bezels, and skylighting, among others. Moreover, rising government focus on development of the ageing infrastructure is further anticipated to positively influence India polycarbonate market in the coming years.

Browse 9 market data Tables and 46 Figures spread through 106 Pages and an in-depth TOC on  India Polycarbonate Market"


On the basis of type, India polycarbonate market is segmented into polycarbonate sheets, polycarbonate tubes/pipes, polycarbonate film and others. Of these, polycarbonate sheets segment leads the market and is expected to maintain its dominance during forecast period as well. The dominance of this segment is led by its high demand due to various properties such as high durability, light weight and break resistance. Among different resin types, virgin polycarbonate is the largest segment and is likely to continue dominating during forecast period as well. However, regrind polycarbonate segment is anticipated to grow at the fastest CAGR during forecast period owing to rising demand for recycled polycarbonate keeping in view the environmental benefits. Moreover, major government initiatives such as ‘Swachh Bharat’ mission to reduce the load of all types of wastes including plastic waste is expected to augment demand for recycled products in the coming years.

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“West region of India is the largest demand generator of polycarbonates, as major listed industrial regions such as Mumbai-Pune, Chotanagpur, Gujarat industrial region fall in western part of India. Irreplaceable usage of polycarbonates in medical sector is hugely contributing to the growing demand for polycarbonates across the country. Moreover, growing end use industries such as electrical & electronics, automotive, building & constructions, etc., is also expected to have a positive impact on the demand scenario in the country’s polycarbonate market over the course of next five years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

India Polycarbonate Market By Resin Type, By Product Type, By Application, By End User, Competition Forecast & Opportunities, 2013 - 2023 has evaluated the future growth potential of India polycarbonate market and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment decision. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in India polycarbonate market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.


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