The global polycarbonate sheets market is projected to grow at a CAGR of 4.29% to reach US$2.173 billion by 2024, from US$1.689 billion in 2018.
Polycarbonate is a thermoplastic that comes in a transparent sheet which is incredibly tough and absorbs minimal moisture, making it resistant to impact damage as well as water damage. It is a versatile material that is increasingly being used by a number of industries such as construction, healthcare, food processing and etc. owing to its durability and design flexibility. They are widely used in applications that include skylights, window glazing, enclosures, and etc. Burgeoning demand for sophisticated and aesthetic products is boosting the demand for polycarbonate sheets. Growing penetration of polycarbonate sheets in automotive and building and construction is augmenting the market growth. Automotive manufacturers are increasingly incorporating thermoplastics like polycarbonate so as to manufacture light weight vehicles. The market is expected to grow at a steady pace owing to its increased use in aerospace and healthcare industry.
This research study examines the current market trends related to demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the polycarbonate sheets value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and efficient understanding of the global polycarbonate sheets market.
Major industry players profiled as part of the report are Covestro AG, SABIC, 3A Composites GmbH, Evonik Industries AG, Mitsibushi Chemical Corporation, Koscon Industrial S.A., I??k Plastik, Gallina, and Palram Industries Ltd.
|Market size value in 2018||US$1.689 billion|
|Market size value in 2024||US$2.173 billion|
|Growth Rate||CAGR of 4.29% from 2018 to 2024|
|Forecast Unit (Value)||USD Billion|
|Segments covered||Type, End-User Industry, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies covered||Covestro AG, SABIC, 3A Composites GmbH, Evonik Industries AG, Mitsibushi Chemical Corporation, Koscon Industrial S.A., Gallina, Palram Industries Ltd.|
|Customization scope||Free report customization with purchase|
The global polycarbonate sheets market has been analyzed through the following segments:
By End-User Industry
Electrical and Electronics
Middle East and Africa
Frequently Asked Questions (FAQs)
Q1. What is the size of global polycarbonate sheets market?
A1. Polycarbonate Sheets market was valued at US$1.689 billion in 2018.
Q2. What will be the polycarbonate sheets market size by 2024?
A2. The global polycarbonate sheets market is projected to reach a total market size of US$2.173 billion by 2024.
Q3. What are the growth prospects for polycarbonate sheets market?
A3. The polycarbonate sheets market is projected to grow at a CAGR of 4.29% during the forecast period.
Q4. What factors are anticipated to drive the polycarbonate sheets market growth?
A4. Growing penetration of polycarbonate sheets in automotive and building and construction is augmenting the market growth.
Q5. Who are the major players in the polycarbonate sheets market?
A5. Major industry players profiled as part of the polycarbonate sheets market report are Covestro AG, SABIC, 3A Composites GmbH, Evonik Industries AG, Mitsibushi Chemical Corporation, Koscon Industrial S.A., among others.