Market Insights:
Polycarbonate glazing are heat-blocking sheets that reduce heat buildup as well as condensation control in skylights and architectural glazing for the treatment of greenhouses and garden centers. This material permits around 85% penetration of light, heats up less than glass and withstands mechanical blows. This material is flexible in nature which make it suitable for utilization in the manufacturing of curved surfaces. These sheets are of different size and shapes, ranging from typical flat sheets to multiple layers and some more specialized panels including standing steam or tongue and groove design. Polycarbonate glaze possess cellular polycarbonate arrangement that cause a lightweight sheet with high impact durability and high class thermal insulation. Polycarbonate is also available in solid form ranging from 3mm to 12mm. This product seems to be virtually indestructible and provides endless opportunities for usage in those areas where security and safety issues are paramount.
As per analysis, some of the market factors and trends
identified in the global polycarbonate glazing market includes growth of construction
sector, increasing automotive production, and favorable government regulations.
Furthermore, growing urban population, escalating investments, and rising per
capita disposable income in emerging economies is anticipated to give new
impetus to the polycarbonate glazing demand 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 benefit the polycarbonate glazing demand in the upcoming years.
Additionally, rising demand for lightweight automobiles coupled with adoption of
strict emission reduction norms are predictable drivers of the market.
Moreover, significant increase in automotive production sales in developing and
developed regions is expected to fuel the market growth. 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. According to MRFR analysis,
cumulatively the global polycarbonate market was valued at USD 3,789.0 million
in 2016 and is expected to reach USD 6,629.4 million by 2023 with 8.43% CAGR
during the review period.
Global Key Players;
·
Brett
Martin Plastic Sheets
·
Palram
Industries Ltd.
·
Plazit
Polygal
·
Guangdong
Amuse Plastic Products Co. Limited
·
MG
Polyplast Industries Pvt. Ltd
·
SABIC
·
Gallina
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
.
Key
Findings:
Global Polycarbonate Glazing Market is projected to reach USD 6,629.4 million by 2023, expanding at a CAGR of 8.43%. Asia Pacific has accounted for largest share due to significant growth of end-use industries such as construction and automotive. Asia Pacific is estimated to retain its dominance in the global polycarbonate glazing market due to continuously evolving building & construction standards combined with the complicated geometries involved with automotive manufacturing. On the basis of application, architectural glazing application hold the largest market share and was valued at USD 1,080.4 million in 2016 and expected to grow significantly with a CAGR of 8.66%, followed by roofing & skylights and sidelights application respectively. Asia Pacific being the major polycarbonate glazing market projected to be the area of investment for the major players operating in this business.
Global Polycarbonate Glazing Market is projected to reach USD 6,629.4 million by 2023, expanding at a CAGR of 8.43%. Asia Pacific has accounted for largest share due to significant growth of end-use industries such as construction and automotive. Asia Pacific is estimated to retain its dominance in the global polycarbonate glazing market due to continuously evolving building & construction standards combined with the complicated geometries involved with automotive manufacturing. On the basis of application, architectural glazing application hold the largest market share and was valued at USD 1,080.4 million in 2016 and expected to grow significantly with a CAGR of 8.66%, followed by roofing & skylights and sidelights application respectively. Asia Pacific being the major polycarbonate glazing market projected to be the area of investment for the major players operating in this business.
Market Segmentation:
The polycarbonate glazing market is fragmented on the basis of application, end use, and region. Based on application, global polycarbonate glazing market is divided into architectural glazing, sidelights, roofing & skylights, windscreens, illuminated signage & displays, and others. Among these, architectural glazing dominated the market with a major value share in 2016. Based on end use, the market is segmented into industrial construction, commercial construction, institutional construction, horticulture & agriculture, automotive, and others. On the basis of regions, this market is segmented into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.
Regional
Analysis:
Geographically, the polycarbonate glazing market is segmented
into five regions viz. North America, Europe, Asia Pacific, Latin America, and
the Middle East & Africa. Among these, Asia Pacific emerged as the leading
polycarbonate market in 2016, driven by the growth of construction and
automotive industry. Asia Pacific region accounted for around 44% of the
overall volume share in 2016 and is expected to witness the fastest CAGR over
the forecast period. The demand for polycarbonate glazing is expected to surge
in developing countries such as China, India, Japan, and Vietnam due to growing
building & construction and automotive sector. Additionally, the Middle
East & Africa is expected to witness an average growth rate, growing with
an average CAGR from 2017 to 2023.
Developed regions such as Europe and North America are also predicted to witness a significant growth owing to strict regulatory framework along with high technology adoption rate. Moreover, the volume of vehicles produced in these two regions are tremendous and will further benefit the overall polycarbonate glazing market in the upcoming years.’
Get
Complete Research Report@ https://www.marketresearchfuture.com/reports/polycarbonate-glazing-market-2677Developed regions such as Europe and North America are also predicted to witness a significant growth owing to strict regulatory framework along with high technology adoption rate. Moreover, the volume of vehicles produced in these two regions are tremendous and will further benefit the overall polycarbonate glazing market in the upcoming years.’
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