Polycarbonate Sheet Market (By Application: Building & Construction, Automotive, Packaging, Aerospace & Defense, Agriculture) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Category : Chemicals and Materials | Delivery Format : PDF | Status: Published | Pages : 160

Introduction

The global polycarbonate sheet market size is anticipated to around USD 5.1 billion by 2026, this market is anticipated to grow with 5.2% CAGR during the forecast time period. Continuous inventions in plastic technologies and beginning of cheaper interior furnishings in automobile industry sinking carbon emissions, continue the main polycarbonate sheet market drivers.

Market Dynamics

Rising consumer consciousness concerning use of environment-friendly polycarbonate sheets and plastic waste disposal, in compliance with the governmental regulations, is increasing need for eco-friendly products. Use of eco-friendly products leads to lower emissions thereby ensuring minimal environment degradation. Businesses for instance SABIC are integrated along the value chain from raw materials to finished goods production. This allows the business to diminish raw material procurement cost and supply their goods to industrial, food and beverage, packaging, consumer goods, and laboratory among other end-use industries. Businesses for instance, Chi Mei Corp., DuPont, Idemitsu Kosan Co. Ltd., and others deliver bisphenol A (BPA), an essential ingredient in the industrial process.

Market Insights

On the basis region, the market for polycarbonate sheets has been bifurcated into Latin America, Europe, North America, Asia Pacific, and Middle East and Africa. Asia Pacific captures a majority of the global market share due to speedy industrialization and fast rising economic conditions.

Increasing end-use industries in Asia Pacific, particularly in developing economies such as China, Thailand, India, and Indonesia are driving need for replacement of conventional materials for instance, metal, glass, wood, and others.

Europe and North America signifies relatively saturated polycarbonate sheet market share due to the development of end-use activities, for instance, automotive, construction, and others. Though, profitable opportunities may be presented by packaging industries due to the need for individually packaged consumer goods from small and nuclear families. The reduced energy prices due to the collapse in crude oil prices are expected to drive consumer expenditure. This is the key parameter for the economic recovery of this region.

Market Segmentation

Market By Application

  • Building & Construction
  • Automotive
  • Packaging
  • Aerospace & Defense
  • Agriculture

Market By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Chile
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA

Regional Insights

On the basis region, the market for polycarbonate sheets has been bifurcated into Latin America, Europe, North America, Asia Pacific, and Middle East and Africa. Asia Pacific captures a majority of the global market share due to speedy industrialization and fast rising economic conditions.

Increasing end-use industries in Asia Pacific, particularly in developing economies such as China, Thailand, India, and Indonesia are driving need for replacement of conventional materials for instance, metal, glass, wood, and others.

Europe and North America signifies relatively saturated polycarbonate sheet market share due to the development of end-use activities, for instance, automotive, construction, and others. Though, profitable opportunities may be presented by packaging industries due to the need for individually packaged consumer goods from small and nuclear families. The reduced energy prices due to the collapse in crude oil prices are expected to drive consumer expenditure. This is the key parameter for the economic recovery of this region.

Market Participants

Market companies are concentrating on implementing new strategies for instance regional expansion, partnerships, mergers and acquisitions, new product launches, and distribution agreements to surge their revenue share. The major players associated with thepolycarbonate sheet areLotte Chemicals, Covestro, Teijin Industries, and SABIC.


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