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Polycarbonate Films Market 2019 growth factors, latest trend and regional analysis of leading players by 2024
Polycarbonate Films Market
China weatherable PC films market demand may witness significant gains at over 8.5% during the forecast timeframe. China consumer electronics industry accounted for about 25% of the total market demand in 2017 due to increasing tablets, cell phones and LCD demand. Changing macroeconomics such as rising disposable income, education attainments and expanding population are the key factors for the growth of electronics market, which in turn drives the market growth.
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Polycarbonate Films Market may exceed USD 2.4 billion by 2024; according to a new research report. Increasing automotive and electronics industries with growing demand for high performance & energy efficient products may witness significant growth in polycarbonate films market. Growing demand towards lightweight vehicles and strict regulatory norms to reduce the usage of heavy metals and glass in automotive sector is likely to further support the industry growth.
Polycarbonate films provides superior properties including durability, fuel efficiency and weather resistance in automotive industries. These products act as high-performance materials and provide transparency with value additional performance features including lightweight and minimization of ripple, alteration and optical defects in vehicles, thereby fueling product demand.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. SABIC
2. 3M
3. Covestro
4. MacDermid Autotype
5. excelite
6. Wiman Corporation
7. Dr. Dietrich Müller GmbH
8. RoWland Technologies
9. Curbell Plastics
10. AGC Inc.
11. MICEL
12. GOEX
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Polycarbonate films have wide range of application in healthcare industries owing to its mechanical and optical properties. These products are utilized for packaging of medical devices and surgical instruments or transplants that are radiation-sterilized and exhibit good resistance to sterilizers and cleaning agents due to their thermal, mechanical and moisture related properties.
Diagnostic equipment is of great demand followed by patient monitoring equipment, consumables, patient aids, orthopedics and dental products, thereby stimulating the product demand.
Optical PC films market may surpass USD 1.2 billion by 2024. Rising automotive sector results in increased demand for light weight vehicles which in turn will support industry demand for this segment. Furthermore, these products provide key benefits which includes dimensional stability, clean edge die-cutability and thermal stability in automotive, which is likely to foster PC films demand.
- Polycarbonate Films Market, By Product
• Optical PC films
• Flame Retardant PC films
• Weatherable PC films
• Others
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Japan optical blend polycarbonate films market demand from household appliances may witness growth rate at around 8% from 2018-2024. They offer excellent resistance to abusive chemicals & cleaners, abrasion resistance, and pencil hardness which can be included in switch overlays & labels for household appliances. Standards set by government bodies along with developing new & innovative products and improving the current product portfolio in order to improve sustainability and reduce cost may favor polycarbonate films market growth in the country.
Macdermid, Excelite, Wiman and GOEX are key industrial participants in polycarbonate films market. Strong R&D spending to cut down manufacturing cost and to fulfill various environmental regulations may enhance the product portfolio thereby stimulating the industry growth.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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