San Francisco, 12 February, Polycarbonate
Sheet Market Size, Share & Trends Analysis Report By Application (Building
& Construction, Automotive, Packaging, Defense & Aerospace,
Agriculture), By Region, And Segment Forecasts, 2018 – 2025.
The global polycarbonate sheet market size is expected to reach
USD 4.91 billion by 2025, according to a new report by Grand View Research,
Inc. It is anticipated to expand at a CAGR of 4.5% over the forecast period.
Multinationals are constantly improvising their product portfolio to meet the
existing requirements in sectors such as building and construction, automotive,
packaging, and others. This factor is projected to boost the global market
growth in the forthcoming years.
Growing consumer awareness
regarding usage of environment-friendly polycarbonate sheets and plastic waste
disposal, in compliance with the governmental regulations, is fostering demand
for eco-friendly products. Usage of eco-friendly products leads to lower
emissions thereby ensuring minimal environment degradation. Companies such as
SABIC are integrated along the value chain from raw materials to finished goods
production. This enables the company to reduce raw material procurement cost
and supply their goods to packaging, industrial, consumer goods, food and
beverage, and laboratory among other end-use industries. Companies such as Chi
Mei Corp., Idemitsu Kosan Co. Ltd., DuPont and others provide bisphenol A
(BPA), an essential ingredient in the manufacturing process.
Asia Pacific emerged as the
leading consumer of polycarbonate sheets in terms of revenue, followed by
Europe. The rise in disposable income among consumer base is one of the key
factors for the significant demand from construction as well as packaging
industry. Increasing infrastructure spending owing to the foreign investments
coupled with government support is further fueling the regional growth.
Packaging and construction
industries are expected to fuel demand for innovative products owing to their
multiple applications and favorable characteristics. These sheets have a vast
scope of application in the construction industry owing to their interior as
well as exterior applications in buildings and construction sector.
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Report On Polycarbonate Sheet Market Analysis:
Further key findings from the study suggest:
·
Packaging and building and
construction segments are witnessing rapid growth in emerging economies on
account of rising consumer disposable income and shift in perception about
housing
·
Growing consumer awareness
regarding reduced plastic waste disposal has encouraged leading companies to
collaborate with regional governments to achieve optimum product
characteristics, simultaneously lowering the environmental degradations to
create a sustainable business model
·
Covestro, SABIC, Lotte
Chemicals, and Teijin Industries among others, with extensive global presence
dominate the polycarbonate sheet market. Widespread distribution network along
with innovative products are some of the major factors driving their success.
Browse More Reports Of This Category By
Grand View Research At: www.grandviewresearch.com/industry/plastics-polymers-and-resins
Grand View Research has segmented the
global polycarbonate sheet market on the basis of application and region:
Polycarbonate Sheet Application
Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
·
Building & Construction
·
Automotive
·
Packaging
·
Defense & Aerospace
·
Agriculture
Polycarbonate Sheet Regional
Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
Germany
o
Italy
o
France
o
Russia
·
Asia Pacific
o
China
o
India
o
Japan
·
Latin America
o
Brazil
o
Mexico
·
Middle East & Africa
o
Saudi Arabia
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Press Release of this Report: www.grandviewresearch.com/press-release/global-polycarbonate-sheet-market
About Grand
View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
For more information: www.grandviewresearch.com/
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