Polycarbonate glazing Market – Market Overview
According to the analysis of MRFR, the major market
forces and trends driving growth of the global polycarbonate glazing market
includes growth of construction sector, increasing automotive production, and
favorable government regulations. Rapid urbanization, escalating public and
private investment, and rising disposable income of the people in emerging
economies is anticipated to boost demand for the product over the forecast
period. The benefits of these sheets percolated across commercial, industrial,
and institutional sectors finding wide application scope in overhead glazing
and greenhouse glazing which will further boost up the market growth. Moreover,
shifting consumer preference towards green & sustainable construction is
expected to fuel demand for the product in the coming years. Moreover, rising
demand for lightweight automobiles coupled with adoption of strict emission
reduction norms are predictable drivers of the market. However, high cost
associated with the polycarbonate glazing material along with the regulations
prohibiting the usage of polycarbonate in automotive windscreens is predicted
to hinder market growth over the forecast period.
Polycarbonate glazing Market- Competitive Landscape The global Polycarbonate glazing is highly matured market driven by
flourishing growth in aerospace & defense industry, along with the
flourishing transportation sector. Palram Industries Ltd., Plazit Polygal,
SABIC, MG Polyplast Industries Pvt. Ltd, Gallina are the major players
operating in this market. Most of these market participants are adopting the
expansion and product launch tactics to strengthen their production capacities
and market position. Growing automotive, construction industries, and
agriculture sector, and continuous collaborations and agreements between
manufacturers, distributers, and marketing firms are the key factors for the
growth of Polycarbonate glazing in the global market. Taking into account these
trends, the global polycarbonate glazing market is projected to witness
considerable competition over the forecast period of 2017-2023.
Industry/ Innovation/ Related News: August 2, 2017- Plazit polygala has recently introduced new product line called
TOPGAL Multi Wall Panel System, earlier this month. The product specified of 11
layer 32 mm thickness which is particularly applicable in cold climate. Topgal
panels and components combine to offer more rigidity, thermal insulation,
strength and solar heat control than our standard sheets and profiles.
March 9, 2017- Palram Industries Ltd. has recently
announced launch selective light transmission roofing panels for greenhouse,
gardening centers and retail outlets. The product is called
"SolarSmart". The newly introduced panels are beneficial in the
seasonal changes in weather. In temperate regions, panels facilitating maximum
light transmission for plants and good thermal insulation are used to minimize
the need for artificial heating.
May, 2016- SABIC launched clear and lightweight sheets at exhibition
held in Hamburg for aircraft interior industry, in order to help aviation
customers to reduce weight and cost, enhance safety and sustainability, and
optimize flying experience. This development is set to propel demand of the
product form aerospace industry which is driven by increasing civil aviation
sector across the world.
Access Complete Report @ https://www.marketresearchfuture.com/reports/polycarbonate-glazing-market-2677
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