Based on the type, the solid segment of the polycarbonate sheets market is expected to witness the highest growth during the forecast period. The growth of the solid polycarbonate sheets segment can be attributed to the increased use of solid polycarbonate sheets in barrel vault roofing, roof lights, and glazing, as polycarbonate sheets are light in weight in comparison to glass.
Multiwall polycarbonate sheets are lightweight, provide high impact strength and thermal insulation, are UV resistant, and have exceptional transparency. These types of sheets are used for architectural roofing and glazing, skylights and sidelights, signage and displays, decorative partitions, and greenhouses.
Factors such as increasing consumption of polycarbonate sheets in the automotive and construction industries due to effective characteristics offered by them are driving the growth of the polycarbonate sheets market. The recovering construction industry in Europe and rapidly growing investments in the construction sector in many Asian countries, are expected to enhance the growth of multi-walled polycarbonate sheets in the coming years.
Polycarbonate in landfills is definitely an environmental nightmare. It never biodegrades since it is made of petroleum. Furthermore, fluctuating raw material prices are the major factors that can hold this market back. The population is exponentially increasing in the Asia Pacific region, which leads to the growing demand for polycarbonate sheets from automotive, aerospace, and construction industries. Rise in disposable income coupled with favorable government schemes for the food processing industry, is significantly driving food sector in U.S. and Europe.
Key players operating in the global polycarbonate sheets market are SABIC , Covestro AG, Trinseo S.A., Teijin Limited, Mitsubishi Gas Chemical Company Inc., Evonik Industries AG, Suzhou Omay Optical Materials Co., Ltd., Excelite, Plazit-Polygal Group, Arla Plast AB, 3A Composites GmbH, Palram Industries Ltd., Ug-oil-Plast Ltd., Gallina India, Koscon Industrial S.A., Isik Plastik, Brett Martin Ltd., and Spartech, among others.
The report covers a comprehensive review of major market drivers, restraints, opportunities, challenges, and key issues in the market. Furthermore, Competitive scenario and market share of the top players in the market, price, financial position, product portfolio, growth strategies and regional presence. The report also provide PEST analysis, PORTER’s analysis, SWOT analysis to address question of shareholders to prioritizing the efforts and investment in near future to particular market segment.
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Scope of Polycarbonate Sheets Market: Global Polycarbonate Sheets Market, By Product Type Solid Multiwall Corrugated Others Global Polycarbonate Sheets Market, By Application Building & Construction Automotive & Transportation Electrical & electronics Others Global Polycarbonate Sheets Market, By Region North America Europe Asia Pacific Middle East & Africa South America
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Key Players Operating In Polycarbonate Sheets Market: SABIC Covestro AG Trinseo S.A. Teijin Limited Mitsubishi Gas Chemical Company Inc. Evonik Industries AG Suzhou Omay Optical Materials Co. Ltd. Excelite Plazit-Polygal Group Arla Plast AB 3A Composites GmbH Palram Industries Ltd. Ug-oil-Plast Ltd. Gallina India Koscon Industrial S.A. Isik Plastik Brett Martin Ltd. Spartech
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