Polycarbonate Glazing Market Analysis, Size is Estimated to Grow with a During 2022-2030
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 Analysis 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
Market Analysis 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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