Market Overview:
Polycarbonate films are a sough-after industry
material. They desired by vertical such as, automotive, healthcare,
electronics, etc. According to the study conducted by Market Research Future
(MRFR) the global polycarbonate films market is likely to witness a sound
growth during the forecast period (2017-2023).
The vast application based of polycarbonate films,
continue to fuel their global demand. These films have properties such as
excellent stability, clarity, heat resistance, high impact strength, which make
desirable for using in various types of industrial application. Membrane
switches, labels and nameplates, control panels and boards the some of the
products that have polycarbonate films.
Characteristics such as heat resistance and impact
resistance make polycarbonate films suitable for manufacturing electronic
components that are used in mobile phones, and LCD screens other. Growth of
end-use market is a major market driver.
Market players are actively focusing on development
of eco-friendly and recyclable variants owing to introduction of stricter
environment laws. At the same time, a greater emphasis is being placed on
introducing cost-effective polycarbonate films to boost sales in
price-sensitive markets.
Segmental Overview:
The segmental analysis of the global polycarbonate
films has been conducted on the basis of end-user and product type.
Based on type, the market has been segmented into
weatherable, flame retardant, optical, and others. Based on end-user, the
market has been segmented into medical packaging, transportation, and
electrical and electronics.
Competitive Landscape
·
Covestro
·
3M Company
·
Mitsubishi Gas
Chemical Company, Inc
·
Rowland
Technologies
·
SABIC
·
Suzhou Omay Optical
Materials co., Ltd.
·
MGC Filsheet co.
Ltd
·
Teijin Limited
·
Excelite
Global Polycarbonate Films Market: Regional Analysis
On the basis of region, the market has been
segmented into the Middle East & Africa (MEA), Latin America, Europe, North
America and Asia Pacific (APAC). Of these, Asia Pacific accounts for a
significant share of the market. Additionally, the market in APAC is projected
to exhibit a highest growth during the forecast period. Rising population base
and growing per capita income are among the key macro-economic elements that
are supporting the market growth in the region. Further, the fast growth
observed in electrical and electronic manufacturing sector in countries such as
China and Taiwan has been a short to the arm for the APAC polycarbonate films
market. China’s growing dominance over the automotive industry is also proving
tailwinds to the region’s market.
North America is also expected to remain a highly
attractive market for polycarbonate films during the forecast period. Presence
of a vast end-use industry “automotive sector” makes the region an attractive
business destination for market players. The medical industry and the
electronic industry in region also present exciting market opportunities.
The market growth in Europe is expected to be
relatively slower compared to APAC and North America. Nonetheless, the region
is home to some of the key companies operating in the market, along with the
film manufacturing expertise displayed by European players. Such factors are
likely to help boost investor confidence in Europe.
Industry News Highlights
·
German adhesive
manufacturing company Covestro is reportedly expanding its production capacity
for high-quality polycarbonate films in its Dormagen site. The new coextrusion
lines are expected to become fully operational by 2020-end and allow the
company to reduce the supply and demand ratio.
·
Saudi based
petrochemical manufacturing company SABIC recently unveiled a novel transparent
high-heat LEXAN™ CXT film product. The film has been developed using
polycarbonate-based technology, which combines high design flexibility and
superior optical clarity with robust dimensional and thermal stability at
higher process temperatures.
Get
Complete Research Report@ https://www.marketresearchfuture.com/reports/polycarbonate-films-market-5270
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