Global Polycarbonate Films Market, By Type (Optical PC Films, Flame Retardant PC Films, Weather able PC Films, Others), End-Use Industry (Electrical & Electronics, Transportation, Medical Packaging, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
Market Analysis: Global Polycarbonate Films Market
The Global Polycarbonate Films Market is expected to reach USD 1.77 million by 2025, from USD 1.08 billion in 2017 growing at a CAGR of 6.4% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year is 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Definition: Global Polycarbonate Films Market
Polycarbonate films are a thermoplastic material that is lightweight and can resist extremely low and high temperature. The raw material of polycarbonate allows for the internal transmission of light nearly in the same capacity as glass. Polycarbonate polymers are used to produce a variety of materials and are particularly useful when impact resistance or transparency is a product requirement. Polycarbonate sheet is presently being used instead of other material such as polyethylene membrane, toughened glass due to the desirable features they possess such as lightweight, high impact strength, UV protection and better aesthetic value. Due to light weight and high-performance properties, polycarbonate is popular in the automotive industry. Polycarbonate is used to make a greenhouse, bulletproof windows and a wide range of items in both domestic and industrial applications. According to an article published recently by trading economics, the sales of vehicles in China rose by 9.6% in the year 2018 and around 2.29 million units have been sold by the end of the May in 2018. As per the Statista, the European electronics consumer market is expected to account to USD 59,456 million in 2018 and it is estimated to grow by 78,903 million by 2020. Thus, above factor proves that the automotive industry and electronics industry is growing and will derive the demand of polycarbonate films.
- Increasing use of polycarbonate films in various industries
- Growing demand for recyclable plastics
- Growing electrification in the automotive industry
- Difficulty of setting up polycarbonate resin plant
- Shortage of raw materials
Segmentation: Global Polycarbonate Films Market
- Optical PC Films
- Flame Retardant PC Films
- Weather able PC Films
By End-Use Industry
- Electrical & Electronics
- Medical Packaging
- North America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- South Africa
- Saudi Arabia
- Rest of MEA
Competitive Landscape: Global Polycarbonate Films Market
The global polycarbonate films market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of polycarbonate films market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
In 2017, SABIC introduce LEXAN, MARGARD and FHC10 sheet in NPE 2018, booth S19001, It is the latest addition in company’s automotive finishing portfolio. This advance technology provides stringent visibility, and strength to its product.
Key Market Competitors: Global Polycarbonate Films Market
The key players operating in the global polycarbonate films market are –
- Evonik Industries AG
- Teijin Chemicals Ltd
The other players in the market are Covestro AG, General Electric, United States Plastic Corporation, Mitsubishi Chemical Corporation, Wiman Corporation, Rowland Technologies, Inc, Suzhou Omay Optical Materials Co., Ltd., Mitsubishi Gas Chemical Company, Suzhou Omay Optical Materials, Covestro AG, , Excelite, Gallina India., Işık Plastik. Tüm hakları saklıdır., Koscon Industrial S.A, Palram Industries Ltd., Plazit Polygal , SafPlast Innovative, Safplast Company, Trinseo among other.
Research Methodology: Global Polycarbonate Films Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Historical and current market size and projection up to 2025
- Market trends impacting the growth of the global polycarbonate films market
- Analyze and forecast polycarbonate films market on the basis of type and end-use industry
- Trends of key regional and country-level markets for product type and end-use industry
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis