Title: PC Resin in Lightings Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2022-2027
1PC Resin in Lightings MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- The PC Resin in Lightings market size is
estimated to reach US248.3 million by 2027 after
growing at a CAGR of 4.7 during the forecast
period 2022-2027. Polycarbonate resins are a type
of engineering plastic, which are frequently
utilized in lighting because of their unique
qualities such as intrinsic fire resistance, UV
resistance and high resistance to aqueous
solutions. It includes engineering plastic,
thermoplastic polymers, bisphenol a and
acrylonitrile butadiene styrene. Polycarbonate
resins are emerging in the lighting market and
have been among the primary supplier industries
for general lighting and automotive lighting
applications. Increasing demand for PC resin in
Lighting in emerging markets, a growing
construction sector,
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- Key Takeaways
- Asia-Pacific region is expected to dominate the
market for PC Resin in Lightings market, owing to
the significant growth in the construction
industry. It would further accelerate the
adoption of Polycarbonate Resins in Lightings in
the region. - Automobile manufacturers and governments are
focusing on developing and promoting safe driving
technologies, especially in passenger vehicles,
which is expected to drive market growth during
the forecast period. - The trend of using LED lighting to create a
stunning appearance on both the exterior and
interior space of a vehicle attracts more human
attention and lowers the rate of road accidents,
boosting the PC Resin in Lightings market size. -
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By Distribution Channel- Segment Analysis The
Organic LED held a significant share in the PC
Resin in Lightings market share in 2021 and is
forecast to grow at a CAGR of 4.8 during the
forecast period 2022-2027. It is because of the
extensive characteristics provided by organic LED
when compared to other material types such as
high bright LED and others. OLED is one of the
most promising displays and lighting
technologies, capable of providing
power-efficient lighting and outperforming
fluorescent tubes and incandescent bulbs. OLED
technology enables users to design flexible
displays and lighting panels. These extensive
properties compiled with increasing application
in the construction and transport industry are
majorly driving its segmental growth.
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- PC Resin in Lightings Market
Outlook - Asahi Kasei Chemical Corporation
- Bayer MaterialScience Ag
- Chi Mei Corporation
- Formosa Chemicals Fiber Corporation
- Idemitsu Kosan Ltd.
- LG Chem Ltd.
- Mitsubishi Engineering-Plastics Corporation
- Mitsubishi Gas Chemical Co.
- SABIC Innovative Plastics
- Samsung Sdi Co. Ltd.
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PC Resin in Lightings Market -
Forecast 2022-2027 Learn More About the Report
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sin-in-lightings-market-research-report-analysis.h
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