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.
Competitive
Landscape:
The global Polycarbonate
Glazing Market Size 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.
Get Complete Research Report @ https://www.marketresearchfuture.com/reports/polycarbonate-glazing-market-2677
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