Polycarbonate Glazing Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027
Polycarbonate
glazing Market – 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.
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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.
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