Polycarbonate Sheet Market Forecasts to 2028 – Global Analysis By Type (Corrugated, Multiwall, Solid), Application, End User and By Geography
According to Stratistics MRC, the Global Polycarbonate Sheet Market is accounted for $1.87 billion in 2020 and is expected to reach $2.89 billion by 2028 growing at a CAGR of 5.6% during the forecast period. Growing demand for high-performance polycarbonate sheets and increasing specialty plastics demand are the major factors propelling the market growth. However, environmental impacts of polycarbonate sheets and fluctuating raw material prices are hampering the market growth.
Polycarbonates are a collection of thermoplastic polymers. Thermoplastic polymers can be defined as plastic material, that when becomes exposed to a higher temperature, becomes mouldable and hardens upon chilling. As polycarbonates can be easily shaped and thermoformed they have several applications. Polycarbonates that are used in engineering are robust, tough materials. Polycarbonate Sheets are known for being with high impact-resistant and long-lasting. Polycarbonates sheets are the perfect way to enhance living spaces, both outdoors as well as indoors if used with good insulation properties and high-quality UV protection.
Based on type, the solid segment is going to have a lucrative growth during the forecast period owing to its increasing usage in place of glass across various applications as they provide extraordinary impact resistance and durability. These sheets are also lightweight in comparison to glass and are very efficient in light transmission. These properties make solid polycarbonate sheets suitable for lighting applications, such as lamp boxes, hood lighting, and industrial shops. The solid polycarbonate sheets are ideal for various applications such as barrel vault roofing, roof lights, and glazing, as polycarbonate sheets are lightweight in comparison to glass.
By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the increasing production by the manufacturing sector to cater to the domestic demand for high-quality products and rising exports from the region. The region is the most promising market for polycarbonate sheets, and this trend is projected to continue in the coming years as well. Moreover, the rising number of end-use industries in the region is also leading to innovations and developments in the field of polycarbonate sheets, thereby fueling the growth of the APAC polycarbonate sheets market.
Some of the key players profiled in the Polycarbonate Sheet Market include SABIC, 3A Composites GmbH, Arla Plast AB, Brett Martin Ltd, Covestro AG, Evonik Industries AG, Excelite, Isik Plastik, Koscon Industrial S.A, Mitsubishi Gas Chemical Company, Inc, Spartech, Suzhou Omay Optical Materials Co., Ltd, Teijin Limited, and Trinseo S.A.
• Architectural Roofing and Glazing
• Decorative Partitions
• Skylights and Sidelights
• Signage and Displays
End Users Covered:
• Aerospace & Defense
• Automotive & Transportation
• Building & Construction
• Electrical & Electronics
• Interior Design
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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