Regulatory policies are encouraging automotive OEMs to use plastics, as a means of reducing vehicular weight & improving fuel efficiency, to play a prominent role in driving growth. Polycarbonate is a completely recyclable polymer and is therefore favored as a substitute to PVC particularly in medical devices. In comparison, PC resins offer greater tensile strength & flexural modulus meaning they can be easily processed and even blended with other resins such as styrenic copolymers and PBT. The Global Polycarbonate Market is expected to reach USD 25.37 billion by 2024, according to a new report by Grand View Research, Inc. In the recent past, regulations aimed at reducing plastics wastage has encouraged the role of recycling. PC resins being completely recyclable are expected to benefit from such regulations, and in turn, ease up global supply constraints. Electrical & electronics and transportation remained dominant application markets, and the segments together a...