Polycarbonate Diols Market, By Product (Solid PCD and Liquid PCD), By Application (Syntheting Leathers, Paints & Coating, Elastomers, Adhesives & Sealants, and Others), By Molecular Weight (Gm/Mol) (Below 1000, Between (1000 to 2000), and Above 2000), and By Region - Global Opportunity Analysis and Industry Forecast, 2020 – 2030

Polycarbonate Diols Market size was valued USD 209.4 million in 2020 and expected to reach at USD 331.5 million in 2030 with CAGR of 4.70%. Polycarbonate is manufactured by condensation of polymerization between either carbonyl chloride or diphenyl carbonate and bisphenol A. Bisphenol A is produce by condensation of phenol with propane. It do not biodegrade and the chemical leach into the environment by causing damage. They are used for both outdoors and indoors purpose owning to its impact resistance and amazing light filtering ability.

Market Segmentation:

On the basis of product, global polycarbonate diols market is segmented into solid PCD and liquid PCB. On application basis, the market is categorized into synthetic leathers, paints & coating, elastomers, adhesives & sealants, and others. On the basis of molecular weight, market is divides into below 1000 g/mol, between 1000g/mol to 2000g/mol, and above 2000g/mol. On geography basis, the polycarbonate diols market is segmented into North America, Latin America, Europe, and RoW.

Market Dynamics and Factors:

Increasing demand for water proofing membrane, inner and exterior PU cast for oil & mining pipes, transparent PU glass coating, data storage device, such as CDs, DVDs, Blue-ray Discs and other type of electronics, is the major driving factor of the global polycarbonate diols market. Increasing demand of polycarbonate diol in the synthetic leather industry is further expected to boost the global polycarbonate diols market, as PU synthetic leathers are closer to natural leather in term of texture, appearance, and handling and has superior physical-chemical properties. This further result to increase the production of synthetics leather based product. However, due to the presence of bisphenol A, non biogradablein nature, coupled with presence of rules and regulations in some countries related to nature may hamper the polycarbonate diols market growth in upcoming years. Polycarbonate diols are light weight and have high impact resistance due to which they are expected to cash in, on the growing demand from automotive and aerospace sector. 

Geographic Analysis:

Asia pacific accounted the major revenue contributor registering the largest polycarbonate diols market share in 2019 and is expected to continue dominance during the dominating the global forecast period. The growth in this region is attributed to the healthy growth in the production of electronic and automobile sector. China and Japan are giant producer and consumer of polycarbonate diols as cost of production is low and lenient regulation in the countries. Europe and North America polycarbonate diols market has considerable growth, as they are the rapidly growing nation in aerospace and electronics sector.    

Competitive Scenario:

Some of the major players operating in the global polycarbonate diols industry are Haiyan Huashuaite Plastics Electric Appliances Co., Ube industry Ltd., Ishii Chemicals Co., Ltd., Tosoh Corporation, Jinan Haohua Industry Co., Ltd., GRR Fine Chemo Pvt. Ltd., ICC Industries, Inc., Asahi Ksai Corporation, Hangzhou Dayangchem Co., Ltd. and others.

Polycarbonate Diols Market Report Scope