Polycarbonate Sheets Market by Type (Solid, Multiwall, Corrugated, Others), End-use Industry (Building & Construction, Electrical & Electronics, Automotive & Transportation, Aerospace & Defense, Packaging, and Others): Global Market Size Estimates and Forecast (2022-2030)

BMIRE00026753 | Pages: 100 | Chemicals and Materials | Oct 2022 | Type: Global | Status: Published

The market crossed the US$ 5.3 billion mark in 2022 and is expected to hit US$ 7.8 billion by 2030, recording a CAGR of 5.0% during the forecast period.

Increasing demand from the end-use industries

Various end-use industries employ polycarbonate sheets because of their remarkable physical and chemical characteristics. Due to the rising demand for lightweight, highly functional, and recyclable material for external and interior part. Construction activity has increased in various nations, such as China and India, due to increased government investment in infrastructure development. The growth in the number of construction projects is directly proportional to the demand for roofing solutions in the residential and industrial sectors. Thus, the growing demand for transparent roofing products from the building & construction industry is attributed to the growth of the polycarbonate sheets market.

Within the report, the market is segmented into type, end-use industry, and geography. The market is further segmented by type: solid, multiwall, corrugated, and others. Based on end-use, the market is bifurcated into building & construction, electrical & electronics, automotive & transportation, aerospace & defense, packaging, and others. Geographically, the market is sub-segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.

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The rise in demand for billboards and ID card printing.

The technological advancements in the fabrication and manufacturing of glow ID cards and signboards will create new opportunities for the polycarbonate sheet market. For example, laser engravings store information on cardholders, and Radio-Frequency Identification (RFID) is embedded into I.D. cards to help identify and track cardholders' automatic identification and tracking. Many plastics, including polycarbonate sheets, manufacture these cards as they are durable and temperature resistant. These properties make polycarbonate sheet-based I.D. cards more effective and suitable for use in various working conditions or environments.

Increasing demand for building and construction industry

Polycarbonate sheets exhibit needed physical properties, such as excellent uniformity, high strength, and augmented ductility, and are lightweight and informal to use. Polycarbonate sheets are chosen by architectural designers as building materials compared to other substitutes as these sheets help reduce construction time, enable the execution of innovative structural ideas and at the same time lowering the overall construction cost. This growth is accredited to high industrial development across the globe. Thus, growth of the market also offers profitable opportunities for the construction end-use industry segment of the polycarbonate sheets market.

Recent strategic developments in polycarbonate sheets market

The polycarbonate sheets market has undergone several significant developments in recent years and a few of these have been mentioned below:

  • In February 2018, Covestro launched Makrolon Rx3440 polycarbonate for medical-grade polycarbonate applications. This launch helped the company enhance its product portfolio of polycarbonate sheets.

The polycarbonate sheets market is driven by several players by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. SABIC, Covestro AG, Trinseo S.A., Teijin Limited, Mitsubishi Gas Chemical Company, Inc., Evonik Industries AG, Suzhou Omay Optical Materials Co., Ltd. are among the prominent players operating in the market.

Target audience for the report:

  • Raw material providers
  • Chemicals-related associations, organizations, forums, and alliances
  • Government bodies, such as regulating authorities and policymakers
  • Building and construction raw material manufacturers
  • Suppliers of automotive parts
  • Medical devices’ raw material manufacturers
  • Venture capitalists, private equity firms, and start-up companies
  • Polycarbonate panel and devices distributors and sales firms
  • Research institutes, organizations, and consulting companies

Scope of the report:

In this report, the market has been segmented based on:

  • Type:
    • Solid
    • Multiwall
    • Corrugated
    • Others
  • End-Use Industry
    • Building & Construction
    • Electrical & Electronics
    • Automotive & Transportation
    • Aerospace & Defense
    • Packaging
    • Others
  • Region
    • North America
    • Europe
    • Asia Pacific (APAC)
    • South & Central America
    • Middle East & Africa
  • Companies profiled
    • SABIC
    • Covestro AG
    • Trinseo S.A.
    • Teijin Limited
    • Mitsubishi Gas Chemical Company, Inc.
    • Evonik Industries AG
    • Suzhou Omay Optical Materials Co., Ltd.

The List of Companies
- Covestro AG
- Trinseo S.A.
- Teijin Limited
- Mitsubishi Gas Chemical Company, Inc.
- Evonik Industries AG
- Suzhou Omay Optical Materials Co., Ltd.

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