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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