Polycarbonate Sheet Market Size, Share, Growth Analysis, By Type(Solid, multiwall, corrugated), By End use industry(Building & construction, electrical & electronics, automotive & transportation, aerospace & defense), By Region - Industry Forecast 2024-2031

Polycarbonate Sheet Market size was valued at USD 1.8 billion in 2019 and is poised to grow from USD 1.89 billion in 2023 to USD 2.8 billion by 2031, growing at a CAGR of 5.1% in the forecast period (2024-2031).

Transparent polycarbonate sheets have a high degree of toughness, are moisture-absorbing, and have flame-retardant properties. For translucent and light-filled workplaces, polycarbonate sheets are utilised in a variety of applications, including window glass, medical equipment, food processing, skylights, and roofs. These will conserve electricity and increase the amount of light coming from the skylight. Industrial uses for polycarbonate sheets include the production of electronic components, riot shields, headlamp lenses, vandal-proof glazing, baby feeding bottles, and safety helmets.

The food sector is significantly driving the economies of the United States and Europe due to the rise in disposable income and supportive government programmes for the food processing sector. Innovative goods with a high food-contact grade are primarily preferred for food packaging. Due to the rising trend of polycarbonate against conventional materials and the rising demand from several end use sectors, the market grew throughout the forecast period. Governments in a number of developed nations are making investments in infrastructure expansion, which is also anticipated to temper market growth for polycarbonate sheets.

US Polycarbonate Sheet Market is poised to grow at a sustainable CAGR for the next forecast year.