Global Polycarbonate Polyester Blend Market stood at USD 11,781.40 million in 2022 and is expected to register a CAGR of 6.35% and reach USD 16,994.70 million by 2028.
Blends of polycarbonate have gained in commercial significance, recently. Due to its good compatibility with a variety of polymers, polycarbonate is utilised in blends. The necessity to make automobiles lighter-weight and the increased need for environmentally friendly external body construction, support the growth of the global polycarbonate polyester blend market throughout the forecast period. Due to its great toughness, high stiffness, and exceptional heat resistance, polycarbonate polyester blend is utilised in various applications. Blends of polycarbonate are utilised in automobile manufacturing because of their various properties such as electrical & chemical resistance, good heat absorption, and oxidative and thermal stability.
The Polycarbonate Polyester Blend Market is highly fragmented, with many emerging regional players and few established players such as Covestro AG, SABIC, etc. Based on Resin, the market is dominated by PC-ABS, with an overall share of 63.81% in 2022, owing to their major application in the automotive industry, low cost, and easy availability in the global market.
In terms of end-use industries, the medical sector is expected to register the highest growth of around 5.18% during the forecast period. This can be attributed to the growing use of polycarbonate polyester blends in the medical sector applications, such as in surgical instruments, and diagnostic equipment.
Polycarbonate polyester blend materials are widely used in the medical sector due to their chemical resistance to disinfectants and other properties such as improved environmental stress crack resistance, cold temperature impact, and low moisture absorbance.
In terms of the region, Asia-Pacific dominated the market in 2022 and is expected to register the highest growth of around 5.43% during the forecast period. This can be attributed to the rising number of end-use industries such as automotive, consumer durables, and healthcare, among others.
In Asia-pacific, countries like China, South Korea, Japan, etc. have large number of capacities for manufacturing polycarbonate polyester blends. Asia-Pacific’s capacities are not limited to the demand of regional players and regional end-users but are also exporting to other parts of the world.
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