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Polycarbonate Sheets Market is Forecasted to Reach US$ 2.3 Billion in 2028, Says Stratview Research

02-18-2025 06:44 AM CET | Chemicals & Materials

Press release from: Stratview Research

Polycarbonate Sheets Market is Forecasted to Reach US$ 2.3

The global polycarbonate sheets market is projected to witness a growth rate of 5.14% annually from 2023 to 2028, with an anticipated size of US$ 2.3 billion by 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global polycarbonate sheets market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/569/polycarbonate-sheets-market.html#form

Report Highlights:
Market Size in 2028: US$ 2.3 billion
Growth (CAGR): 5.14% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 3
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the Polycarbonate Sheets Market:

The global polycarbonate sheets market is segmented based on type, end-use industry type, and region.

Based on type - The polycarbonate market is segmented as solid, multiwall, corrugated, and others. The solid segment held a significant market share in 2022 and is estimated to have the highest growth in the coming five years. This growth can be attributed to the extensive adoption of polycarbonate sheets by end-use industries for various fabrication applications.

Based on end-use industry type - The market is segmented as building & construction, electrical & electronics, automotive & transportation, and others. The building & construction segment accounted for the largest market share in 2022 and is expected to lead the market during the forecast period. The market is sustained by the high demand for polycarbonate sheets from end-use industries for various construction activities.

To know the most attractive segments, click here:
https://www.stratviewresearch.com/569/polycarbonate-sheets-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that Asia-Pacific dominated the market in 2022 and is expected to be the largest market in the coming five years. This growth outlook is majorly attributed to the following-

• It is also estimated to have the highest growth during 2023-28. China and India are the growth engines of the region. Rapid urbanization and high demand from various end-use industries drive the market for polycarbonate sheets in the region.
• Europe and North America also offer sizeable growth opportunities in the coming five years. Europe ranks as the second-largest market for polycarbonate sheets, fueled by automotive, electrical & electronics, and building & construction sector demand. The automotive field leads, trailed by electrical & electronics and building & construction industries.
• On the other hand, North America presents substantial growth prospects, propelled by automotive, electrical & electronics, and building & construction sector demand for polycarbonate sheets during the forecast period. The leading consumer in North America is the automotive industry, followed by electrical & electronics and building & construction sectors.

Polycarbonate Sheets Market Drivers:

Some of the key drivers listed in the report are given below.
Growing Construction Industry: Polycarbonate sheets are widely used in the construction sector due to their unique properties such as high impact resistance, excellent light transmission, and durability. These sheets are utilized in various applications including roofing, glazing, and the construction of greenhouses, conservatories, and skylights. The demand for energy-efficient buildings and the increase in construction activities, especially in emerging markets, are driving the growth of the polycarbonate sheets market.

Growth in the Electronic & Electrical Industry: Polycarbonate sheets are essential in the production of numerous electronic and electrical components due to their excellent electrical insulating properties, durability, and flame resistance. The rapid expansion of the electronics industry, particularly the growing demand for consumer electronics, is anticipated to increase the demand for polycarbonate sheets.

Growth in the Automotive Industry: In 2023, global car and commercial vehicle production crossed the mark of 93 million units according to the International Organization of Motor Vehicle Manufacturers (OICA.net). Moreover, Hyundai also projects that the global demand for passenger vehicles will increase at an average annual rate of 1.5% to 2.5% from 2023-2028. Polycarbonate sheets are increasingly used in manufacturing headlamps, mirrors, and various vehicle body parts due to their durability and lightweight properties. The expansion of the automotive industry is expected to significantly boost the polycarbonate sheets market.

Top Companies in the Polycarbonate Sheets Market:
Stratview Research has identified the following companies as the top market players.
• Sabic
• Covestro AG
• Trinseo S.A.
• Teijin Limited
• Mitsubishi Gas Chemical Company, Inc.
• Evonik Industries AG
• Suzhou Omay Optical Materials Co., Ltd.
• Plazit-Polygal Group
• Arla Plast Ab
• 3A Composite

What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Polycarbonate Sheets Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:
• Polycarbonate Market: https://www.stratviewresearch.com/1130/polycarbonate-market.html
• Corrugated Sheets Market: https://www.stratviewresearch.com/3763/corrugated-sheets-market.html

Postal Address:
400 Renaissance Center, Suite 2600,
Detroit, Michigan, MI 48243
United States of America

Website: www.stratviewresearch.com
Mail Us: sales@stratviewresearch.com
Press: media@stratviewresearch.com
Call Us: +13133074176

About Us:
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

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