Polycarbonate Glazing Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2027
Brett Martin Plastic Sheets, Palram Industries Ltd., Plazit
Polygal, Guangdong Amuse Plastic Products Co., Limited, MG Polyplast Industries
Pvt. Ltd, SABIC, and Gallina among others are some
of the prominent players at the forefront of competition in the global polycarbonate glazing market and are profiled in MRFR Analysis.
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.
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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.
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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