Global Polycarbonate Panels Market : Industry Analysis and forecast (2019-2027) -By Type, Application, and Region.
Global Polycarbonate Panels market size was valued US$ XX Mn in 2019 and the total revenue is expected to grow at 5% from 2020 to 2027, reaching US$ XX Mn.
The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.
Polycarbonate is a thermoplastic having organic functional groups and linked to a carbonate group. It is one of the most broadly utilized thermoplastics over the globe. The global polycarbonate panels market is driven by the growing demand from end-user industries, and the increasing prevalence of polycarbonate against regular materials. The growing utilization of these panels in the form of ultraviolet (UV)-resistant roof panels in horticultural latrines like outbuildings and nurseries are also projected to impel the market growth in the forecast period. However, fluctuating crude material prices are restraining the market growth at the global level. The rise in utilization of these panels in the medical industry for substituting high-priced resins like polyphenyl sulfone, polysulfone, polyetheretherketone, and polyaryletherketone, in various devices are expected to create beneficial opportunities for the key players in the market during the forecast period. Environmental impacts of polycarbonate panels are the major challenge for the Polycarbonate Panels market in the near future.
Based on the type, the Building & construction segment has led the polycarbonate panels market in 2019 and is estimated to generate more than US$ XX Mn market revenue by 2027, with a CAGR of XX%. The expanding requirement for the product for cladding, skylight roofing, and nurseries in various industries across the world are major factors propelling demand for polycarbonate panels. The progressing infrastructural activities in various regions, particularly APAC and MEA, and the developing necessity for highly efficient lightweight materials in automobiles and aircraft are another factor fuel the polycarbonate panel market growth.
Geographically, the polycarbonate panels market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific held the prominent market share of XX% in 2019 and is expected to reach US$ Mn by the end of 2027, with a CAGR of XX%. Thanks to the economic improvement of the region and rising investments by several governments and key market players to carry out advancements in the field of polycarbonate panels. The growing disposable income of the middle-class population in the region is fueling the demand for numerous products, which are impelling the growth of several end-user industries. This, in turn, is propelling the polycarbonate panels’ market growth. Ascend in production by the manufacturing sector to provide to the domestic demand for high-quality products and expanding exports from the Asia Pacific are also estimated to support the market growth.
The objective of the report is to present a comprehensive analysis of the Global Polycarbonate Panels Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Polycarbonate Panels Market dynamics, structure by analyzing the market segments and project the Global Polycarbonate Panels Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Polycarbonate Panels Market make the report investor’s guide.
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Scope of the Global Polycarbonate Panels Market:
Global Polycarbonate Panels Market, by Type:
• Solid panels
• Multiwall panels
• Corrugated panels
Global Polycarbonate Panels Market, by Application:
• Building & construction
• Electrical & electronics
Global Polycarbonate Panels Market, by Region:
• Asia Pacific
• North America
• Latin America
• Middle East Africa
• Covestro AG
• Trinseo S.A.
• Teijin Limited
• Palram Industries Ltd.
• Mitsubishi Gas Chemical Company, Inc.
• Ug Plast Inc
• Plazit Polygal
• Gallina USA
• Stabilit Suisse SA
• Brett Martin Plastic Sheets
• DS Smith
• Evonik Industries AG
• 3A Composites GmbH
• Suzhou Omay Optical Materials Co., Ltd.
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Maximize Market Research provides B2B and B2C market research on 20,000 high growth emerging technologies & opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Name: Vikas Godage
Organization: Maximize Market Research Pvt.Ltd.Pune
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