Polycarbonate sheets refer to a strong, transparent plastic material that withstands impacts well and is impact resistant even at low temperatures. It also provides outstanding strength, stiffness, and transparency.
Sizing and 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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Segmentation & Regional Insights
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
Asia-Pacific was the largest region in the polycarbonate sheets market in 2023 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the polycarbonate sheets market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting 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.
Key Industry Players
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
The polycarbonate sheets market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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