Polycarbonate Glazing Market Share: Global Industry Trends, Share, Size, Growth, Forecast and Opportunity 2022-2030
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 Market Share 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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