Press release
Polycarbonate Sheets Market Growth Rate, Size, Shares, Overview, Business Strategies and Top Companies - SABIC, Covestro AG, Teijin Limited, Evonik Industries AG
Polycarbonate Sheets Market: By Type (Solid, Multiwall, Corrugated), End-use Industry (Building & Construction, Electrical & Electronics, Automotive & Transportation, Aerospace & Defense, Packaging), and Geography (North America, Europe, Asia-Pacific, Middle East, and Africa and South America)
Transparent thermoplastic sheets called polycarbonate are renowned for their remarkable strength, impact resistance, and adaptability. They are constructed with polycarbonate resin, which is a polymer manufactured from bisphenol A (BPA). Polycarbonate sheets are used in many different sectors. They are frequently utilized in construction for roofing, noise barriers, safety glazing, and skylights. Polycarbonate sheets are used in the automotive sector for headlamp lenses, sunroofs, and windows. They are also utilized in medical equipment, electrical devices, signs, machine guards, and more. For applications requiring sturdiness, impact resistance, and design flexibility, polycarbonate sheets are the material of choice because they strike the right mix of strength, transparency, and adaptability.
Get a Sample Copy of the Report: https://www.delvens.com/get-free-sample/polycarbonate-sheets-market-trends-forecast-till-2028
Current Market Overview
The Global Polycarbonate Sheets Market size was estimated to be 2 billion USD in 2022 and it is projected to reach 3.07 billion USD by 2030 with a CAGR of 5.5% in the forecast period of 2023-2030. The market for polycarbonate sheets is fueled by a number of factors that support demand and growth. Several major forces include:
Growing Construction Sector: The market for polycarbonate sheets is mostly driven by the building sector. Polycarbonate sheets have become popular in architectural applications as a result of the rising demand for environmentally friendly and energy-efficient construction materials. They are appropriate for roofing, skylights, facades, and other construction elements due to their qualities of transparency, strength, and weather resistance.
Rising Demand for Lightweight Materials: The demand for lightweight materials is growing because of how much lighter polycarbonate sheets are than more traditional materials like glass. Industries like automotive and aerospace, where weight reduction is essential for enhanced performance and fuel efficiency, are the main drivers of the need for lightweight materials. The automotive industry uses polycarbonate sheets for windows, sunroofs, and interior trim.
Increasing Focus on Energy Efficiency: The demand for polycarbonate sheets has increased as a result of the focus on energy-efficient solutions. These sheets have strong thermal insulation qualities that can assist buildings to control temperature and use less energy. The adoption of polycarbonate sheets because of their energy-saving advantages is a result of the construction industry's focus on green buildings and sustainable practices.
Major players operating in the global polycarbonate sheets market include 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.
Recent Developments
At a ceremony in Riyadh in January 2021, Nusaned Investment, a fully owned subsidiary of SABIC that does business as an independent investment company, unveiled a new brand logo and inaugurated its new office building. To meet consumer demand, this expansion was intended to increase its local presence.
Leading Portuguese provider of automotive composites Inapal Plasticos SA (Inapal) was purchased by Teijin Limited in August 2018. The goal of this acquisition was to increase the company's business portfolio and meet the market's unmet demand.
Polycarbonate Sheets Market Segmentation
Based on the type and end-use sector of the polycarbonate sheets market can be divided.
The market for polycarbonate sheets can be segmented into solid, multiwall, corrugated, and other types based on type. Due to the widespread use of solid polycarbonate sheets in end-use industries including building and construction and automotive around the world, the solid segment dominates the market.
The polycarbonate sheets market may be segmented into three categories based on the end-use industry: electrical & electronics, automotive, and building & construction. Due to the widespread use of polycarbonate sheets as roofing in commercial structures around the world, the building and construction sector dominates the market.
Major and Growing Geographies
A large portion of the worldwide market share was accounted for by the Asia Pacific region because of its rapid industrialization and expanding economy. The demand for the replacement of conventional materials like glass, wood, metal, and other materials is being driven by expanding end-use industries in the Asia Pacific region, particularly in growing economies like India, China, Thailand, and Indonesia. With a 15.1% increase year over year, China leads the Asia Pacific region in terms of the aviation market, which is expanding quickly. The need for interior decorations and other similar applications is primarily coming from the aviation sector in order to decrease vehicle weight and significantly improve fuel efficiency. Over the course of the forecast period, this is expected to encourage the product's growth in the area.
Reasons to Acquire
Increase your understanding of the market for identifying the best and suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors
Gain authentic and granular data access for Global Polycarbonate Sheets Market to understand the trends and the factors involved behind changing market situations
Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
Get Direct Order of this Report: https://www.delvens.com/checkout/polycarbonate-sheets-market-trends-forecast-till-2028
Contact Us:
UNIT NO. 2126, TOWER B,
21ST FLOOR ALPHATHUM
SECTOR 90 NOIDA 201305, IN
+44-20-8638-5055
SALES@DELVENS.COM
WEBSITE: https://delvens.com/
About Us:
Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.
Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.
Transparent thermoplastic sheets called polycarbonate are renowned for their remarkable strength, impact resistance, and adaptability. They are constructed with polycarbonate resin, which is a polymer manufactured from bisphenol A (BPA). Polycarbonate sheets are used in many different sectors. They are frequently utilized in construction for roofing, noise barriers, safety glazing, and skylights. Polycarbonate sheets are used in the automotive sector for headlamp lenses, sunroofs, and windows. They are also utilized in medical equipment, electrical devices, signs, machine guards, and more. For applications requiring sturdiness, impact resistance, and design flexibility, polycarbonate sheets are the material of choice because they strike the right mix of strength, transparency, and adaptability.
Get a Sample Copy of the Report: https://www.delvens.com/get-free-sample/polycarbonate-sheets-market-trends-forecast-till-2028
Current Market Overview
The Global Polycarbonate Sheets Market size was estimated to be 2 billion USD in 2022 and it is projected to reach 3.07 billion USD by 2030 with a CAGR of 5.5% in the forecast period of 2023-2030. The market for polycarbonate sheets is fueled by a number of factors that support demand and growth. Several major forces include:
Growing Construction Sector: The market for polycarbonate sheets is mostly driven by the building sector. Polycarbonate sheets have become popular in architectural applications as a result of the rising demand for environmentally friendly and energy-efficient construction materials. They are appropriate for roofing, skylights, facades, and other construction elements due to their qualities of transparency, strength, and weather resistance.
Rising Demand for Lightweight Materials: The demand for lightweight materials is growing because of how much lighter polycarbonate sheets are than more traditional materials like glass. Industries like automotive and aerospace, where weight reduction is essential for enhanced performance and fuel efficiency, are the main drivers of the need for lightweight materials. The automotive industry uses polycarbonate sheets for windows, sunroofs, and interior trim.
Increasing Focus on Energy Efficiency: The demand for polycarbonate sheets has increased as a result of the focus on energy-efficient solutions. These sheets have strong thermal insulation qualities that can assist buildings to control temperature and use less energy. The adoption of polycarbonate sheets because of their energy-saving advantages is a result of the construction industry's focus on green buildings and sustainable practices.
Major players operating in the global polycarbonate sheets market include 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.
Recent Developments
At a ceremony in Riyadh in January 2021, Nusaned Investment, a fully owned subsidiary of SABIC that does business as an independent investment company, unveiled a new brand logo and inaugurated its new office building. To meet consumer demand, this expansion was intended to increase its local presence.
Leading Portuguese provider of automotive composites Inapal Plasticos SA (Inapal) was purchased by Teijin Limited in August 2018. The goal of this acquisition was to increase the company's business portfolio and meet the market's unmet demand.
Polycarbonate Sheets Market Segmentation
Based on the type and end-use sector of the polycarbonate sheets market can be divided.
The market for polycarbonate sheets can be segmented into solid, multiwall, corrugated, and other types based on type. Due to the widespread use of solid polycarbonate sheets in end-use industries including building and construction and automotive around the world, the solid segment dominates the market.
The polycarbonate sheets market may be segmented into three categories based on the end-use industry: electrical & electronics, automotive, and building & construction. Due to the widespread use of polycarbonate sheets as roofing in commercial structures around the world, the building and construction sector dominates the market.
Major and Growing Geographies
A large portion of the worldwide market share was accounted for by the Asia Pacific region because of its rapid industrialization and expanding economy. The demand for the replacement of conventional materials like glass, wood, metal, and other materials is being driven by expanding end-use industries in the Asia Pacific region, particularly in growing economies like India, China, Thailand, and Indonesia. With a 15.1% increase year over year, China leads the Asia Pacific region in terms of the aviation market, which is expanding quickly. The need for interior decorations and other similar applications is primarily coming from the aviation sector in order to decrease vehicle weight and significantly improve fuel efficiency. Over the course of the forecast period, this is expected to encourage the product's growth in the area.
Reasons to Acquire
Increase your understanding of the market for identifying the best and suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors
Gain authentic and granular data access for Global Polycarbonate Sheets Market to understand the trends and the factors involved behind changing market situations
Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
Get Direct Order of this Report: https://www.delvens.com/checkout/polycarbonate-sheets-market-trends-forecast-till-2028
Contact Us:
UNIT NO. 2126, TOWER B,
21ST FLOOR ALPHATHUM
SECTOR 90 NOIDA 201305, IN
+44-20-8638-5055
SALES@DELVENS.COM
WEBSITE: https://delvens.com/
About Us:
Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.
Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
