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Polycarbonate Sheets Market Growth, Regional Analysis, Key Players and Forecasts by 2024

04-16-2019 03:27 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: PS Intelligence

Polycarbonate Sheets Market Growth, Regional Analysis, Key

The global polycarbonate sheets market is mainly driven by the growing application of polycarbonate sheets in various end-use industries, such as automotive and transportation; electrical and electronics; and building and construction. These sheets impart structural, safety, and aesthetic features to automobiles.

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For instance, owing to their light weight, durability, and glass-like transparency, these sheets are widely used in the headlamps of cars. Besides, the growing focus of manufacturers toward replacing glass with lightweight polycarbonate sheets in automotive glazing activities is an important factor supporting the polycarbonate sheets market growth. This is further leading to huge investments in plastic glazing technologies by major automotive manufacturers such as Volkswagen Group and Fiat S.p.A. for achieving structural efficiencies.

Polycarbonate sheets or panels are lightweight and transparent materials with high impact strength, great elasticity, and high functionality at a wide range of temperatures. Some of the main applications of these sheets include general and safety glazing, roofing, and protective screening. These are available in different forms, based on standard and UV grades, designed to meet the requirements of different applications. In addition, the low-cost and high-performance factors associated with these sheets contribute to their wide usage in the medical device and packaging fields.

Based on type, the polycarbonate sheets market is categorized into solid, multi-walled, corrugated, and other sheets. The demand for multi-walled sheets is increasing owing to their light weight, high UV resistance, impact strength, and thermal insulation, and excellent transparency. These features make them suitable for use in skylights, sidelights, signage, displays, decorative partitions, and greenhouses, in addition to air conditioning, heating, roofing, and glazing applications.

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Besides, the recovering construction industry in developed economies of North America and Europe and growing investments in the construction industry of emerging economies of Asia-Pacific (APAC), Latin America (LATAM), and the Middle East and Africa (MEA) are expected to back the growth of the category in the polycarbonate sheets market.

Some of the major players operating in the global polycarbonate sheets market are 3A Composites GmbH, Arla Plast AB, Asahi Glass Co. Ltd., Covestro AG, Evonik Industries AG, Excelite, Mitsubishi Gas Chemical Company Inc., Plazit Polygal Group, Saudi Basic Industries Corporation (SABIC), Suzhou OMAY Optical Materials Co. Ltd., Teijin Limited, and Trinseo S.A.

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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