United Kingdom Polycarbonate Sheets Market was estimated to be valued at US$61.625 million in 2020.
Polycarbonate sheet is among the most flexible materials available in the polymer industry. Polycarbonate, used for anything from medical devices to the food industry, has several distinct advantages that make it a favourite among constructors and product producers. Polycarbonate is a translucent thermoplastic polymer that comes in a sheet form. It is highly durable and retains very little moisture, is durable and resistant to both shock and moisture-related damage. It's also chemically resistant and flame protective. Because of its robustness and formability, polycarbonate sheets are frequently employed in roofing applications. It's also utilized in diffusers, eyewear, and LES light pipes, among other things. Because it is scratch-sensitive, it requires a coating, which raises the price for some applications. In the next years, however, the growing necessity of greenhouses will provide opportunities for polycarbonate sheet makers.
Advantages of United Kingdom Polycarbonate Sheets
Due to its advantages, producers in various industries prefer polycarbonate sheets. One of the essential features is the combination of strength and processability. Polycarbonate is 30 times the strength of acrylic and 200 times the strength of glass. It is, however, easier to form and much lightweight than glass. Another benefit of polycarbonate sheets is their chemical and abrasion resistance. The polycarbonate base is hard to fracture, and because it does not retain water, it is washable for food and medical purposes. Polycarbonate's insulating characteristics are another advantage. It shields better than glass and can thus save energy expenses when utilized in construction. Polycarbonate can be utilized since it is transparent. These advantages of polycarbonate sheets are expected to push the demand for polycarbonate sheets in the United Kingdom over the forecasted period.
Growth Driver for United Kingdom Polycarbonate Sheets Market
Polycarbonate sheets are widely used in the automobile industry, in addition to the building sector. The market is expected to grow because of the increasing use of polycarbonate sheets to manufacture fuel-efficient, lighter-weight vehicle components. Polycarbonate sheets are appreciated by producers due to their lower carbon emissions. Furthermore, rising income is expected to drive up demand for automobiles. As a result, polycarbonate sheets are made to produce interior, exterior, and under-hood components for various automobiles. In addition, the United Nations and other regulatory authorities encourage the use of energy-efficient cars to meet long-term growth targets of the polycarbonate sheet in the country.
However, the expense of polycarbonate sheets for roofing, their abrasion vulnerability, and other factors hinder its use and are expected to hamper the growth of the United Kingdom's polycarbonate sheet market.
COVID-19 Impact on United Kingdom Polycarbonate Sheets Market
The COVID-19 outbreak infected countless people, prompting the government to implement foot restrictions and work suspension orders. Most undertakings have significantly been harmed, and polycarbonate sheet explorations have been seriously hit, aside from clinical supply and life support item organizations. As per OEC, In November 2021, exports of polycarbonates in main forms in the United Kingdom totalled GB£1.13 million, while imports totalled £12 million, resulting in a negative trade balance of £10.8 million.
The United Kingdom's growing aerospace, construction, and automotive sectors are expected to drive demand for polycarbonate sheets. The comprehensive supply chain management of prominent firms supports the country's market. Furthermore, prominent manufacturers' ongoing quest for innovation will boost the United Kingdom polycarbonate sheets market forward.
Key Market Segments
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Brett Martin Ltd.
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