The global polycarbonate sheets market size was significantly robust in 2021 and is expected to register rapid revenue CAGR over the forecast period. The consumption of this product is expected to increase in the future as demand for commercial roofing solutions rises. Furthermore, market revenue growth is expected to be driven by expansion in the automotive sector during the forecast period. This product is increasingly being used to make headlights, mirrors, and automotive body elements across the globe. However, the serious environmental problems caused by this product are expected to impede revenue growth of the market. However, the expansion of the agricultural industry, along with increased demand from the sector, is expected to generate profitable prospects for revenue growth of the global market.
Top Companies Operating in the Global Polycarbonate Sheets Market:
- Covestro AG (Germany)
- Emco Industrial Plastics Inc. (U.S.)
- Exolon Group (Bavaria)
- Jiaxing Innovo Industries Co., Ltd. (China)
- Palram Industries Ltd. (India)
- Polyvalley Technology Co., Ltd. (China)
- SABIC (Saudi Arabia)
- S Polytech Co. Ltd. (S. Korea)
- Teijin Limited (Japan)
- UVPLASTIC Material Technology Co., Ltd. (U.S.)
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Major Factors Contributing to the Global Materials and Chemicals Market Revenue Growth
Polycarbonate sheets are used in a variety of end-use industries Because of its remarkable physical and chemical qualities. Because of the increased need for ultralight, heavy-duty, and reusable materials for external and interior component applications, thermoplastic polymers are favored in the automobile industry. Increase in infrastructure development expenditure by governments in different growing nations, such as China and India, is driving building activities in these countries. Increase in the number of building projects is related to rise in need for roofing solutions in both the residential and industrial sectors. As a result, growing demand for transparent roofing goods in the building and construction sector may be credited to the rise of the international market.
Key point summary of the report:
The report offers a comprehensive overview of the Polycarbonate Sheets Market size, share, and growth rate in the forecast duration.
It provides details about current scenario, historical data, giving an accurate Polycarbonate Sheets Market forecast for the coming years.
The study categorizes the Polycarbonate Sheets Market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.
It also offers regional analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
Polycarbonate Sheets Market Segmentation
Type Outlook (Revenue, USD Billion; 2019-2030)
- Solid
- Multiwall
- Corrugated
- Others
Application/End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Building Construction
- Electrical Electronics
- Automotive Transportation
- Aerospace Defense
- Packaging
- Others
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