Molded plastic cellphone components are set to increase...
Molded plastic cellphone components are set to increase their presence in the marketplace, with the global market for such components predicted to generate $4.5 billion revenue by 2017, research firm IHS said Thursday. Global revenue from plastic components in cellphones…
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is expected to reach $3.5 billion this year -- up from $3.3 billion in 2012, IHS said. The most recent example of use of such components came from Apple, which introduced a version of its iPhone 5c smartphone last week that includes a polycarbonate casing, the research firm said. “The plastic polycarbonate enclosure of the new iPhone 5c weighs just 14.2 grams, according to a recent IHS teardown,” said Jagdish Rebello, IHS’s senior director for consumer & communications, in a news release. “With 20 million iPhone 5c smartphones forecast to be sold through the rest of 2013, this represents a total consumption of 283 metric tons of polycarbonate resin by just one device, in just one quarter.” Total plastic usage in cellphones is set to reach 282,000 metric tons for 2013 and will rise to 336,000 metric tons in 2017, IHS said (http://bit.ly/17wIRCi).