Press release
Polycarbonate Sheets Market 2024-2033: Competitor Assessment, New Trends, Share Analysis And Global Key Players
Polycarbonate Sheets Market
The Business Research Company offers in-depth market insights through Polycarbonate Sheets Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The polycarbonate sheets market size has grown strongly in recent years. It will grow from $2.69 billion in 2023 to $2.87 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to construction industry growth, lightweight material preference, customizable design needs, emphasis on durability, advancements in manufacturing, transparency and clarity demand.
The polycarbonate sheets market size is expected to see strong growth in the next few years. It will grow to $3.85 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to safety and security requirements, sustainability and eco-friendly solutions, UV resistance in outdoor applications, design flexibility requirements, energy efficiency regulations. Major trends in the forecast period include demand for lightweight materials, energy efficiency and insulation, durability and impact resistance, transparency and clarity, adaptation to modern architecture.
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Market Segmentation:
The polycarbonate sheets market covered in this report is segmented -
1) By Type: Multiwall, Corrugated, Solid, Others (Textured)
2) By Techniques: Extrusion, Injection Molding, Blow Molding, Fabrication, Thermoforming
3) By End-Use Industry: Building and Construction, Electrical and Electronics, Automotive and Transportation, Aerospace and Defense, Packaging
Major Driver - Rise In Construction Sector To Drive Market Growth
The increase in demand from building and construction is contributing to the growth of the polycarbonate sheet market. Polycarbonate is being popularly used in many well-known buildings due to its strength and high resistance. The resistance of polycarbonate to hail, falling branches, and other items is significantly greater than that of glass, acrylic, or GRP. Furthermore, unlike GRP, polycarbonate does not become brittle over time. Polycarbonate has several unique advantages, along with sustainability and cost-effectiveness, among architects.
Competitive Landscape:
Major companies operating in the polycarbonate sheets market report are Nippon Steel Corporation, SABIC (Saudi Arabia), Covestro AG, Evonik Industries AG Exolon Group, DS Smit plc, Teijin Limited (Japan), Mitsubishi Gas Chemical Company Inc., Trinseo S.A., 3A Composites GmbH, SK Chemical Co Ltd., Palram Industries Ltd., Brett Martin Ltd., Impack Pratama, S polytech, Arla Plast AB, Jiaxing Innovo Industries Co Ltd., Isik Plastik, Plazit Polygal Group, Emco Industrial Plastics, Excelite, Polygal, Gallina India, MG Polyplast Industries Pvt Ltd., UVPlastic Material Technology Co Ltd., Suzhou Omay Optical Materials Co Ltd., Koscon Industrial, Spartech LLC, Polyvalley Technology Co Ltd., SafPlast Innovative
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Top Trend - Product Innovations Transforming The Polycarbonate Sheets Market
Major companies operating in the polycarbonate sheets market are developing new products such as bio-based polycarbonate sheets to gain a competitive edge in the market. Bio-based polycarbonate sheets are a type of polycarbonate material that is derived from renewable sources, such as plant-based feedstocks or industrial by-products like used cooking oil, as opposed to traditional polycarbonate sheets that are typically produced from fossil fuels. For instance, in August 2023, Palram Industries, an Israel-based plastics manufacturing company, launched BioBase polycarbonate sheets, a sustainable alternative for roofing and cladding. These sheets are made from renewable sources, utilizing refined polymers from industrial by-products like used cooking oil, significantly reducing their carbon footprint compared to standard polycarbonate sheets. The BioBase sheets maintain the same properties as traditional polycarbonate products, making them suitable for various applications while offering a more environmentally friendly option. With certification from the International Sustainability and Carbon Certification (ISCC), these sheets align with sustainability goals and provide a greener choice for construction projects.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Polycarbonate Sheets Market Characteristics
3. Polycarbonate Sheets Market Trends And Strategies
4. Polycarbonate Sheets Market - Macro Economic Scenario
5. Polycarbonate Sheets Market Size And Growth
…..
27. Polycarbonate Sheets Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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