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Polycarbonate Sheets Global Market Report 2022

Polycarbonate Sheets Global Market Report 2022

  • June 2022
  • 175 pages
  • ID: 6284117
  • Format: PDF
  • The Business Research Company

Summary

Table of Contents

Major players in the polycarbonate sheets market are Covestro AG, Palram Industries Ltd, SABIC, Trinseo S.A., Teijin Limited, Mitsubishi Gas Chemical Company Inc, Evonik Industries AG, Suzhou Omay Optical Materials Co. Ltd, Excelite, Plazit Polygal Group, Arla Plast AB, 3A Composites GmbH, Gallina India, Koscon Industrial, Isik Plastik, Brett Martin Ltd (Brett Martin (Holdings) Ltd), Spartech, Spolytech, MG Polyplast Industries Pvt. Ltd, Tuflite, Uvplastic Material Technology Co. Ltd, Jiaxing Innovo Industries Co. Ltd, Polyvalley Technology Co. Ltd, Emco Industrial Plastics, Exolon Group, SafPlast Innovative, Polygal, and DS Smit.

The global polycarbonate sheet market is expected to grow from $2.35 billion in 2021 to $2.49 billion in 2022 at a compound annual growth rate (CAGR) of 5.88%. The growth is mainly due to the companies’ resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $3.04 billion in 2026 at a CAGR of 5.13%.

The polycarbonate sheet market consists of sales of polycarbonate sheets by entities (organizations, sole traders, and partnerships) that are used for applications requiring transparency and high impact resistance.Polycarbonate sheet refers to a thermoplastic that comes in a transparent sheet.

It is tough and absorbs minimal moisture, making it resistant to impact damage and water damage.It is flame-retardant and chemically resistant.

Polycarbonates are being manufactured by condensation polymerization of bisphenol A and phosgene.

The main types of polycarbonate sheets are multiwall, corrugated, solid, and others (textured).A multiwall refers to a wall composed of multiple layers.

A multiwall polycarbonate panel is a strong material that is used in roofing, siding, and greenhouse panels due to its durability and shatter-resistant properties.The techniques used in polycarbonate sheets include extrusion, injection molding, blow molding, fabrication, and thermoforming.

Polycarbonate sheets are used by end users such as building and construction, electrical and electronics, automotive and transportation, aerospace and defense, and packaging industries.

Asia-Pacific was the largest region in the polycarbonate sheet market in 2021 and is also expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Increasing 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 archit

The polycarbonate sheet market consists of sales of polycarbonate sheets by entities (organizations, sole traders, and partnerships) that are used for applications requiring transparency and high impact resistance.Polycarbonate sheet refers to a thermoplastic that comes in a transparent sheet.

It is tough and absorbs minimal moisture, making it resistant to impact damage and water damage.It is flame-retardant and chemically resistant.

Polycarbonates are being manufactured by condensation polymerization of bisphenol A and phosgene. ects, builders, and contractors. For instance, the global construction market is expected to grow from $11,491.42 billion in 2020 to $12,526.4 billion in 2021 at a compound annual growth rate (CAGR) of 9%. Thus, increasing demand from building and construction will drive the growth of polycarbonate sheets.

Technological advancement is a key trend gaining popularity in the polycarbonate sheet market.The rapid advancement of polycarbonate sheet manufacturing technologies has significantly enhanced the efficiency and output of sustainable material solutions.

For example, in July 2021, SABIC launched sustainable polycarbonate sheet products. The new film and sheet products will connect with the company’s existing TRUCIRCLE initiative and respond to a world-growing demand for sustainable material solutions in an increasingly circular plastics economy.

In December 2021, Palram Industries Ltd., an Israel-based company and manufacturer of polycarbonate and PVC sheets, acquired Tuflite Polymers Limited for an undisclosed amount. This acquisition is part of the Palram company’s marketing strategy to increase activity in geographic markets to see growth potential, including in the Indian market. Tuflite Polymers Ltd. is an India-based company that manufactures polycarbonate sheets.

The countries covered in the Polycarbonate Sheets market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

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