What is the global market size of Polycarbonate Sheets Market?

Global Polycarbonate Sheets Market size was valued at USD 2.06 billion in 2022 and is poised to grow from USD 2.12 billion in 2023 to USD 3.25 billion by 2031, growing at a CAGR of 5.52% in the forecast period (2024-2031).

Polycarbonate Sheets Market Size, Share, Growth Analysis, By Type (Solid Polycarbonate Sheets, Multiwall Polycarbonate Sheets), By Techniques (Extrusion, Fabrication), By End Use Industry, By Region - Industry Forecast 2025-2032

Report ID: SQMIG15G2087 | Region: Global | Published Date: November, 2024
Pages: 157 | Tables: 96 | Figures: 76

Polycarbonate Sheets Market News

June 2023: Röhm has officially entered into a Sale and Purchase Agreement (SPA) for the acquisition of Functional Forms, the enterprise unit specializing in polycarbonate-based total movies and sheets formerly owned by way of SABIC.

In August 2023, Palram Industries, an Israel-primarily based plastics production company, launched BioBase polycarbonate sheets, a sustainable opportunity for roofing and cladding.

In August 2023, Covestro inaugurates its first dedicated mechanical recycling polycarbonate compounding line in Shanghai, China. With an annual capability of 25,000 lots, this facility marks a massive step in Covestro's dedication to sustainability. The agency objectives to deliver 60,000 tons of recycled-content material polycarbonates yearly within the Asia Pacific region via 2026.

Polycarbonate Sheets Market Report Snapshots

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Polycarbonate Sheets Market size was valued at USD 1.79 Billion in 2023 and is poised to grow from USD 1.88 Billion in 2024 to USD 2.81 Billion by 2032, growing at a CAGR of 5.1% during the forecast period (2025-2032).

The aggressive surroundings of the Polycarbonate Sheets market is dynamic and characterised by using the presence of key gamers striving for marketplace proportion. Established corporations in the industry appoint techniques inclusive of non-stop product innovations, strategic partnerships, and acquisitions to strengthen their positions. Additionally, the market experiences opposition from nearby and local producers providing value-effective alternatives. Product differentiation and improvements in production tactics play a pivotal role in shaping aggressive dynamics. 'Covestro AG ', 'SABIC ', 'Teijin Limited ', 'Mitsubishi Gas Chemical Company, Inc. ', 'Trinseo S.A. ', 'Chi Mei Corporation ', 'LG Chem Ltd. ', 'Idemitsu Kosan Co., Ltd. ', 'Samyang Corporation ', 'Plazit Polygal Group ', '3A Composites GmbH ', 'Arla Plast AB ', 'Brett Martin Ltd. ', 'Palram Industries Ltd. ', 'SABIC Innovative Plastics '

The increasing call for from the development industry, wherein polycarbonate sheets are valued for their high effect resistance, light-weight properties, and optical clarity. The versatility of those sheets in applications together with roofing, glazing, and siding has spurred their adoption in architectural projects. Additionally, the automobile and electronics industries leverage polycarbonate sheets for their durability and transparency, riding further marketplace expansion.

Rising Emphasis On Sustainability: The developing emphasis on sustainability, as producers and stop-users increasingly prioritize green materials. This has caused innovations in the production of polycarbonate sheets, with a focus on recycling and decreasing environmental effect. Another trend is the non-stop improvement of advanced sheet designs, consisting of multi-wall and corrugated structures, enhancing the sheets' insulation homes and increasing their programs.

Asia-Pacific is likely to dominate the polycarbonate sheets marketplace due to fast industrialization, urbanization, and significant creation of sports in nations like China and India. The vicinity's developing automotive, electronics, and agricultural sectors additionally make a contribution to the demand for polycarbonate sheets.

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Polycarbonate Sheets Market Size, Share, Growth Analysis, By Type (Solid Polycarbonate Sheets, Multiwall Polycarbonate Sheets), By Techniques (Extrusion, Fabrication), By End Use Industry, By Region - Industry Forecast 2025-2032

Polycarbonate Sheets Market News

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