Allied Market Research
Loading...
0

Polycarbonate Sheets Market Size Expected to Reach $2.6 billion by 2031

 

Report Code : A11341

quote Increasing construction activities and growth in automotive and electrical & electronics industries boost the growth of the global polycarbonate sheets market. Also, benefits associated with polycarbonate sheets such as superior chemical as well as impact resistance of polycarbonate sheets propels the market growth. Further, growing demand for polycarbonate sheets for building green house is predicted to provide lucrative opportunities for the global polycarbonate sheets market growth during the forecast period. quote

Eswara Prasad
Manager, Materials & Chemicals at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

Polycarbonate Sheets Market Size Expected to Reach $2.6 billion by 2031

According to a new report published by Allied Market Research, titled, "Polycarbonate Sheets Market By Type and End-Use Industry: Global Opportunity Analysis and Industry Forecast, 2021-2031," the global polycarbonate sheets market size was valued at $1.5 billion in 2021, and is projected to reach $2.6 billion by 2031, registering a CAGR of 5.7% from 2022 to 2031.

Polycarbonate sheets are used in different industries including, automotive, building & construction, and electrical & electronics. These are used for producing vandal-proof glazing, electric components, headlamp lenses, baby-feeding bottles, and safety helmets. Growth in automotive industry along with increased demand from the construction sector for roofing application, modern building wall, decoration of commercial building, and others are the key drivers for the growth of the global polycarbonate sheets market. However, the negative environmental impact of polycarbonate sheets is predicted to hamper the global polycarbonate sheets market growth during the forecast period. Nevertheless, increase in demand for polycarbonate sheets for building green house is anticipated to offer ample growth opportunities for the market during the forecast period.

The global polycarbonate sheets market is segmented on the basis of type, end-use industry, and region. By type, the market is classified into solid, multiwall, corrugated, and others. By end use-industry, the market is categorized into building & construction, electrical & electronics, automotive & transportation, aerospace & defense, packaging, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Among the regions, Asia-Pacific holds the highest global polycarbonate sheets market share owing to the surge in demand for these sheets in commercial applications in the region.

The key players profiled in the report include COVESTRO AG; Emco Industrial Plastics; Exolon Group; Jiaxing Innovo Industries Co., Ltd; PALRAM INDUSTRIES LTD.; Polyvalley Technology Co., Ltd.; SABIC; Spolytech; TEIJIN LIMITED; and UVplastic Material Technology Co., Ltd.  Other players in the value chain of the polycarbonate sheets market include Suzhou Omay Optical Materials co., Ltd., Gallina, Spartech, Koscon Industrial S.A., ISIK Plastik, Safplast Company, Brett Martin Ltd., and others. These players compete for the share of the market through product launch, joint venture, partnership, and expansion of production capabilities to meet the demand for polycarbonate sheets market during the forecast period. For instance, in 2021, SABIC announced ISCC certified LEXAN polycarbonate film & sheet products based on certified renewable feedstock. The new film and sheet product offering connects with the company’s existing TRUCIRCLE initiative and responds to increasing demand for further sustainable material solutions in an increasingly more circular plastics economy. These products are available worldwide and target demanding applications in different markets, including building & construction, automotive, mass transportation, electrical and electronics, and specialty glazing.

IMPACT OF COVID-19 ON GLOBAL POLYCARBONATE SHEETS MARKET

Emergence of COVID-19 crisis negatively impacted the global polycarbonate sheets market. This impact is mostly attributed to substantial disruptions in raw material transportation and shutdown of the end-use industries, such as building & construction, automotive & transportation, and other industries; thereby resulting in decline in demand for polycarbonate sheets during this period. For instance, For instance, as per McKinsey & Company, construction sites in many countries have shut down and most sites that are open have faced disrupted supply chains and operational restrictions during COVID-19.

Key Findings of Study

  • By region, Asia-Pacific accounted for the largest global polycarbonate sheets market share in 2021.
  • By type, multiwall segment dominated the global polycarbonate sheets market in terms of revenue, in 2021.
  • By end-use industry, the electrical & electronics segment is expected to dominate the global polycarbonate sheets industry during the forecast period.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Tushar Nagose
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

 
 

First time buyer?
Check offers and discount on this report
To get this report

 
Click Here
 
 

quote Polycarbonate Sheets Market by Type (Solid, Multiwall, Corrugated, and Others) and End-Use Industry (Building & Construction, Electrical & Electronics, Automotive & Transportation, Aerospace & Defense, Packaging, and Others): Global Opportunity Analysis and Industry Forecast, 2022–2031 quote

View Report
 
 
Avenue Video Loading...

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 4,331 niche industries and company profiles on more than 12,953 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
rep-img

Published Date Jan 2021

Surgical Equipment Market

Download Sample
rep-img

Published Date Nov 2020

Medical Implant Market

Download Sample
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

 
Get Industry Data Alerts
 

Buy Full Version
"Polycarbonate Sheets Market"
Purchase Enquiry