North America PC And PC/ABS In IT Server Market Major Competitor and Strategies 2028
North America PC And PC/ABS In IT Server Industry Overview
The North America PC and PC/ABS in IT server market size was valued at USD 49.37 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 4.3% from 2021 to 2028.
Factors, such as increasing demand for internet services and data storage from the growing population, in addition to the introduction of data centers and server units by major tech companies, have fueled the demand for polycarbonate across the IT server industry. Server systems including standalone servers, blade servers, and tower servers utilize air conditioning housings for applications such as server racks, in-row heat exchangers, and other cooling accessories. These air conditioning housings are manufactured using Polycarbonate (PC) resin due to their high flexibility, durability, and efficient thermal control characteristics. Furthermore, enclosures manufactured using Polycarbonate/Acrylonitrile Butadiene Styrene (PC/ABS) blends provide high insulation characteristics, reducing the risk of damage due to electrical errors.
Gather more insights about the market drivers, restrains and growth of the North America PC And PC/ABS In IT Server Market
To cater to the rising demand for data centers, server rooms, and other IT racks have propelled the demand for Polycarbonate (PC) and Polycarbonate/Acrylonitrile Butadiene Styrene (PC/ABS) for manufacturing of twin walls, wall-mounted enclosure, and aisle containment panels. In addition, the increasing requirement for cloud storage from the growing population across the region is anticipated to fuel the growth of the North America PC and PC/ABS in IT server market.
The high demand for data storage in recent years has propelled the demand for blade servers for the management and distribution of data in a collection of networks. Cooling system housings in blade servers are manufactured using polycarbonate resin due to their higher thermal resistance. In line with the growing remote workforce, security companies across Canada are likely to increase IT spending, increasing cloud-based security tools, log management, and virtual private network (VPN).
Polycarbonate is utilized across the IT server industry for the manufacturing of housing for cooling systems, twinwalls for thermal separation, wall-mounted enclosure, aisle containment panels, and other components. Due to high thermal resistance, inductive characteristics, flexibility, and durability, PC is preferred over its counterpart polyvinyl chloride and acts as a substitute to metals such as steel and aluminum.
Browse through Grand View Research’s Plastics, Polymers & Resins Industry Research Reports.
- Nylon Market: The global nylon market size was valued at USD 31.1 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.2% from 2022 to 2030.
- Polyurethane Market: The global polyurethane market size was valued at USD 72.82 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.3% from 2022 to 2030.
Key Companies profiled:
Some of the prominent players in the North America PC and PC/ABS in IT server market include:
- SABIC
- Mitsubishi Chemical Corporation
- Covestro AG
- Sumika Polycarbonate Ltd.
Order a free sample PDF of the North America PC And PC/ABS In IT Server Market Intelligence Study, published by Grand View Research.