Polycarbonate sheets are high-performing thermoplastics with properties such as lightweight, durability, high transparency, high-impact resistance, heat resistance, high optical clarity, excellent thermal stability, and excellent flammability resistance. It has high growth prospects due to demand from various end-user industries for different purposes such as roofings, decorative partitions and others. The major companies are adding more innovative techniques in Asia-Pacific countries as these countries are focused on the fastest-growing verticals for the building and construction activities.
According to AMA, the market for Polycarbonate Sheets is expected to register a CAGR of 4.7% during the forecast period to 2026. This growth is primarily driven by Upsurge Demand Due to Changing Living Standards and Rising Spending Power of People and Increasing Demand from Several End User Industries Such as Automotive, Building & Construction, and Packaging.
Globally, a noticeable market trend is evident Increasing Demand from Asia Pacific Region for Industrial Applications. The Precious Metals & Minerals sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Airex AG (Switzerland), Arla Plast (Sweden), AGC (Japan), Brett Martin Ltd (United Kingdom), MITSUBISHI GAS CHEMICAL COMPANY, INC (Japan), Covestro AG (Germany), Evonik Industries AG (Germany), Excelite (China), Gallina India. (India), Koscon Industrial S.A (Switzerland), Palram Industries Ltd. (Israel) and SABIC (Saudi Arabia) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In March 2018, Plaskolite LLC acquired Covestro North American Polycarbonate Sheet Manufacturing Business which is beneficial in providing warehouse facilities, third party distribution and different production site.
- Upsurge Demand Due to Changing Living Standards and Rising Spending Power of People
- Increasing Demand from Several End User Industries Such as Automotive, Building & Construction, and Packaging
- Increasing Demand from Asia Pacific Region for Industrial Applications
- Harmful Environmental Risk Associated with Polycarbonate Sheets
- The fluctuation of Raw Material Prices
Rising Demand Due to High Strength and Light Weight in Nature and Technological Advancements Leads to Boost the Market Growth
Stiff Competition among Major Players
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Polycarbonate Sheets Study Sheds Light on
The Polycarbonate Sheets Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Polycarbonate Sheets industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Polycarbonate Sheets industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.