Polycarbonate Sheets Market Size, Share, Demand & Trends by 2029
Global polycarbonate
sheets market is set for propitious growth, invigorated by
promising demand from automotive, and building & construction industries.
Witnessing a projected CAGR of 4.3% over 2019-2029, this billion-dollar
industry will receive noteworthy momentum from Asia Pacific market. Expediting
infrastructural activities in developing countries continue to create lucrative
white spaces for manufacturers of polycarbonate sheets.
Moreover, high-performance attributes of polycarbonate
sheets such as superior thermal resistance, outstanding impact resistance,
impressive optical clarity and dimensional stability is soaring the demand. As
compared to other thermoplastics such as acrylic and polymethyl methacrylate
(PMMA), polycarbonate sheets undergo minimal degradation when heated or cooled.
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Key Takeaways of Polycarbonate Sheets
Market Study
- Crucial
attributes such as high impact resistance, thermal insulation, and
dimensional stability are boosting the demand for polycarbonate sheets.
- Polycarbonate
sheets are set to become a preferred alternative for acrylic and glass on
account of low maintenance cost and degradation over time.
- Low
carbon emission is prompting manufacturers to accelerate the adoption of
polycarbonate sheets.
- Role
of polycarbonate sheets in manufacturing sturdy, lightweight and
eco-friendly automotive components will steer the demand through 2029.
- Increasing
usage of polycarbonate sheets in commercial and residential spaces for
cladding and roofing applications will exhibit promising growth through
the forecast period.
- Gains
in polycarbonate sheets market will remain concentrated in Asia Pacific
through 2029.
- Fluctuation
in raw material prices will hinder the growth of polycarbonate sheets
market during projection period.
Globally leading manufacturers of
polycarbonate sheets must plan massive investments in strengthening their
supply chain across Asia Pacific to capitalize on surging demand.
Asia Pacific Garners over 43% Share in
Global Market
Consumers in Asia Pacific (APAC) would be the key
demographic for polycarbonate sheet manufacturers. Increasing net worth income
of consumers in emerging Asian economies is capturing the attention of global
market leaders. APAC continues to account for more than 43% of the total market
value. Moreover, rapid industrialization is accentuating the demand for
polycarbonate sheets. Strong government impetus and supporting policies are
facilitating the growth of polycarbonate sheets market in this region.
In view of maturing end-use industries such as
automotive and construction, polycarbonate sheets market in Europe and North
America is relatively saturated. However, the packaging industry in these two
regions will offer new growth opportunities on account of heightened demand
from nuclear families.
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Industry Leaders to Unlock Profitable
Avenues through Product Innovation
Major players profiled in this study, include but are
not limited to, Trinseo, Spartech, Mitsubishi Gas Chemical, Evonik Industries,
SABIC, Arla Plast, 3A Composites, Covestro, Excelite, Gallina India, and Palram
Industries. Leading players continue to diversify their product portfolio,
especially in Asia Pacific. In view of enormous population, wide range of
application-specific polycarbonate sheets will cater to variegated end-use
segments.
For instance, Covestro launched new polycarbonate
thermoplastics under the series ‘Makrolon’ which cater to various applications
such as LED lighting, architectural glazing, eyewear, electronics, sporting
equipment, automotive headlamps, and medical devices. Moreover, global players
must collaborate with regional manufacturers to expand their market foothold.
Market
Segmentation
The global polycarbonate sheets market is segmented in
detail to cover every aspect of the market and present a complete market
intelligence approach to readers.
Type:
- Solid
- Multiwall
- Corrugated
End-Use:
- Building
& Construction
- Automotive
- Electrical
& Electronics
Region:
- North
America
- Latin
America
- Europe
- MEA
- Asia
Pacific
Table
of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope /
Limitations
3. Key Market Trends
3.1. Key Trends Impacting the
Market
3.2. End Use Innovation /
Development Trends
4. Key Success Factors
4.1. End Use Adoption / Usage
Analysis
4.2. End Use USPs / Features
4.3. Strategic Promotional
Strategies
5. Global Polycarbonate Sheets Market
Demand Analysis 2014-2018 and Forecast, 2019-2029
TOC continued…!
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