Polycarbonate Films Market SWOT Analysis, Trends and Growth Forecast by 2032
The availability of less expensive substitutes and volatility of raw material prices are two major factors restraining market revenue growth.
The Global Polycarbonate Films Market size was USD 1.84 Billion in 2022 and
is expected to reach USD 2.83 Billion in 2032, and register a revenue CAGR of
4.9% during the forecast period. With their distinctive qualities including
high-impact strength, optical clarity, and heat resistance, polycarbonate films
are becoming increasingly popular in a variety of end-use industries such as
automotive, electronics, and construction. This is a major factor driving the
market revenue growth. A key factor driving revenue growth of the market is
expected to be rising demand for recyclable and eco-friendly materials.
Electronic Gadgets has the most adoption rate of the polycarbonate films
because of its flexibility, high strength, thermal insulation, transparency,
and natural UV filter, which no other materials can offer. Electronic gadgets
are increasing its pace with the fastest growth rate of 7.1% throughout the
forecast period and had the highest market share of 21.3% in the year 2018.
Get a sample of the report: https://www.reportsanddata.com/sample-enquiry-form/1667
Top Lading Players: Teijin Limited, 3M
Company, Suzhou Omay Optical Materials, Macdermid Autotype, Excelite, Wiman
Corporation, Sichuan Longhua Film, Covestro AG, DuPont, Evonik Industries AG.
Polycarbonate Films Market Development:
The polycarbonate films
market is experiencing significant development due to the growing demand for
polycarbonate films in various end-use industries. Polycarbonate films are
high-performance plastic films that offer excellent durability, transparency,
and heat resistance. They are used in various applications such as automotive,
electronics, packaging, medical, and construction.
The automotive industry
is a significant consumer of polycarbonate films due to their lightweight, high
impact resistance, and optical clarity properties. Polycarbonate films are used
in various automotive applications such as instrument panels, sun visors,
headlamp lenses, and rear light covers. Moreover, the increasing demand for
electric vehicles is expected to drive the demand for polycarbonate films in
the automotive industry further.
The electronics industry
is also a major consumer of polycarbonate films due to their excellent
electrical properties and high transparency. Polycarbonate films are used in
various electronic applications such as LCD displays, touchscreens, and printed
circuit boards.
The packaging industry
is also driving the growth of the polycarbonate films market due to the
increasing demand for lightweight, durable, and transparent packaging
materials. Polycarbonate films are used in various packaging applications such
as food packaging, medical packaging, and blister packaging.
Some Key Highlights from the Report:
·
Optometry segment had a market share of 13.9% in the year 2018 and
growing at a rate of 4.3% by 2026. Polycarbonate films are used as the
protective layer in the eyeglasses, which deflects the UV rays and keeps the
eye cool. The high-end sunglasses are made of polycarbonate films with the
tinted and mirrored type of polycarbonate films which can reflect the UV rays
even close to 99 percent and also unbreakable up to a certain extent. Also, the
bodies of the glasses can be of polycarbonate films to add to more durability.
·
Tinted polycarbonate films are used to provide anti-reflection coating in
different applications. The tinted coat also makes it near to invisible from
the other side of the user if used in sunglasses or car windows. Tinted
polycarbonate will have a revenue of USD 0.28 Billion in 2026.
·
Bulletproof polycarbonate films segment is growing with a CAGR of 4.7% by
2026. Polycarbonate films are high impact resistant, which is even capable of
resisting violent blows. The bulletproof polycarbonate films are used in banks,
museums, jewelers, and bulletproof cars, among others.
Segments covered
in the report:
End Users Channel
Outlook (Revenue, USD Billion; 2016-2026)
- Construction Industries
- Electrical Components
- Electronic Gadgets
- Transportation & Automotive Sectors
- Packaging Industries
- Optometry
- Medical Instruments
- Others
- Total
Type of
Polycarbonate Outlook (Revenue, USD Billion; 2016-2026)
- Transparent
- Tinted
- Mirrored
- Bulletproof
- Abrasion-Resistant
- Fire Retardant
- Food Graded
- Multiwall
- Others
Type of Plastic
Outlook (Revenue, USD Billion; 2016-2026)
- Commodity Plastic
- Engineering Plastic
Ask for
Customize Research Report: https://www.reportsanddata.com/request-customization-form/1667
Regional Outlook:
·
North
America (U.S.A., Canada, Mexico)
·
Europe (Italy,
U.K., Germany, France, Rest of Europe)
·
Asia
Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
·
Latin
America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
·
Middle East &
Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Browse
More Related Research Reports:
Corrosion Protection Coating Market:https://www.reportsanddata.com/report-detail/corrosion-protection-coating-market
Printing Toners Market:https://www.reportsanddata.com/report-detail/printing-toners-market
Cool Roof Coating Market:https://www.reportsanddata.com/report-detail/cool-roof-coatings-market
Coated Glass Market:https://www.reportsanddata.com/report-detail/coated-glass-market
Acrylic Resins Market:https://www.reportsanddata.com/report-detail/acrylic-resins-market
Cross Linked Polyethylene (PEX) Market:https://www.reportsanddata.com/report-detail/cross-linked-polyethylene-market
About Us:
Reports and Data is a market research and
consulting company that provides syndicated research reports, customized
research reports, and consulting services. Our solutions purely focus on your
purpose to locate, target, and analyze consumer behavior shifts across
demographics, across industries, and help clients to make smarter business
decisions. We offer market intelligence studies ensuring relevant and
fact-based research across multiple industries, including Healthcare, Touch
Points, Chemicals, Products, and Energy. We consistently update our research
offerings to ensure our clients are aware of the latest trends existent in the
market. Reports and Data has a strong base of experienced analysts from varied
areas of expertise. Our industry experience and ability to develop a concrete
solution to any research problems provides our clients with the ability to
secure an edge over their respective competitors.
Contact Us:
John W
(Head
of Business Development)
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Blogs | Press Release | Industry News | Our competencies
Browse More Upcoming Reports @ https://www.reportsanddata.com/upcoming-reports
Browse More Latest Reports @ https://www.reportsanddata.com/report
Comments
Post a Comment