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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