Market Update
July 2023
Summary:
European PC prices saw a considerable drop in July, driven by escalated import competition and dampened domestic demand. Despite some hopeful signs, a full recovery is challenged by varioufs factors.
Prices:
Prices, especially in the extrusion market, were assessed notably lower in July. This decline was influenced by import pressures, slowdown in global demand, and increased production in China.
Forecast:
Prices across Europe are predicted to keep falling throughout 2023 due to factors like summer slowdown and challenging conditions. A gradual rebound is projected from early 2024, assuming improved conditions.
Demand and Supply Dynamics:
The demand for polycarbonate has shown an unexpected pronounced downward trend, surpassing initial projections. Oversupply continues, with Europe’s transition from a net exporter to a net importer of polycarbonate intensifying the situation.
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Product Overview: Polycarbonate (PC)
Polycarbonate, a thermoplastic polymer renowned for its exceptional impact resistance, offers virtually unbreakable qualities.
In the production of polycarbonate, the process begins by converting benzene into cumene through alkylation, using propylene as a reactant. Next, the process oxidizes cumene to form cumene hydroperoxide. This compound then undergoes acid-catalyzed cleavage to produce phenol and acetone. The process combines phenol and acetone to create bisphenol A (BPA). Lastly, polymerization of BPA with phosgene results in the production of polycarbonate (PC).
Applications of PC
Some of the most common applications include safety equipment like face shields and safety glasses, automotive parts such as headlights and interior components, eyewear like sunglasses and protective goggles, electrical components such as connectors and circuit boards, construction materials like roofing sheets and skylights, and consumer electronics like smartphone cases and laptop shells.
Polycarbonate Report
Featured Report
The GC Intelligence™ Polycarbonate (PC) Market Prices, Forecasts, and Analysis reports are published monthly. The reports cover PC/ABS Blends, General Purpose, Optical Media, and Extrusion PC. Request a free trial today.
Price Indices
- PC/ABS Blend
- General Purpose
- Optical Media
- Extrusion