Polycarbonate Glazing Market: Global Industry Analysis, size, sales and Forecast by 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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