Polycarbonate Diols Market will Reflect Significant Growth Prospects during 2014-20
Polycarbonate diols are thermoplastic building blocks for polyurethane compounds such as thermoplastic elastomers (TPE), thermoplastic polyurethane (TPU) and polyurethane dispersions. Polycarbonate diols possess characteristics such as hydrolytic stability, intrinsic flexibility and resistance to oxidative degradation. They can be handled easily as they are viscous liquids at room temperature and offer better compatibility with solvents and several polyols. Polycarbonate diols find extensive application in electronics, medical and aerospace and automotive applications. Properties such as impact resistance, temperature resistance and optical properties make polycarbonate diols suited for use as commodity plastics and as engineering plastics.
The rising demand for consumer electronics such as data storage devices comprising of CDs, DVDs and Blu-ray Discs has been propelling the polycarbonate diols market. Polycarbonate diols are good electrical insulators, possess heat – resistance and flame –retardant properties which make them the material of choice for electronic gadgets. Building & construction industry employs polycarbonate diols for the construction of flat or curved glazing, domelights and for covering greenhouses. The automotive and aerospace industry uses polycarbonate diols as they are light in weight and provide high impact resistance, owing to which they are used in automobile headlamps and cockpit canopies. The growing electronics, aerospace and building & construction industry have been propelling the growth of polycarbonate diols market and this trend is expected to continue during the forecast period. Polycarbonate diols contain bisphenol A which is ecologically harmful, this is expected to hamper the growth of polycarbonate diols during the forecast period. The growing GDP of emerging economies is expected to open new opportunities for the polycarbonate diols market in the coming years.
Based on end – use, polycarbonate diols can be divided into the following segment: aerospace, automotive, electronics, medical applications and others. Some of the popular brands of polycarbonate diols are Lexan, Makrolon, Makroclear, Panlite, Iupilon, Tarflon, Wonderlite, Hopelex, Calibre, Trirex and Duralon and others. In addition to high performance polymers, polycarbonate diols are used in manufacturing polyurethane foams – soft and rigid. These foams provide insulation and are used in home and automobile furnishing. Furthermore, plastics composed of polycarbonate diols can be laminated to make bullet-proof surfaces. Polycarbonate diols can undergo large plastic deformations without cracking or bending, owing to which they can be molded into several shapes. Parts made out of polycarbonate diols are used to manufacture light weight luggage. Moreover, several phone manufacturers use polycarbonate to form the outer casing. The rising popularity of light weight cellular phones has been augmenting the sale of polycarbonate diols and this trend is expected to continue within the forecast period. Polyurethane dispersions derived from polycarbonate diols are used for resins for architectural & industrial coatings, shoe adhesives, wood and metal finishes and others.
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China dominates the global polycarbonate diols market. It is the largest producer and consumer of polycarbonate diols. China exports large quantities of polycarbonate diols. The growing electronics and automobile market in Asia Pacific is responsible for the growth of polycarbonate diols, in this region. The thriving aerospace market in the U.S. and Europe has been propelling the growth of polycarbonate diols.
Some of the major companies operating in this market are Hangzhou Dayangchem Co. Ltd, ICC Industries Inc, Jinan Haohua Industry Co., Ltd., Ishii Chemicals Co.,Ltd., Haiyan Huashuaite Plastics Electric Appliances Co., Guangzhou Yuemei Plastic Industrial Co., Ltd, Fenghua Xuri Hongyu Co., Ltd., Taizhou Weiersha Building Materials Co., Ltd., Foshan Bailinshi Building Materials Co., Ltd. and Zhongshan Good Life Sun Sheet Co., Ltd among others.