Global polycarbonate sheets market was value US$ 1.62 Bn in 2017, and is expected to reach US$ 2.32 Bn by 2026, at a CAGR of 4.6 % during forecast period.
Global polycarbonate sheets market
Polycarbonates are a group of thermoplastic polymers containing carbonate group. It is a thermoplastic polymer that occurs in a transparent crystalline form. Due to the unique and performance characteristics of polycarbonate have increased its applications in major industrial sectors, such as medical devices, automotive, IT-hardware, electronics, and building & construction sectors.
Polycarbonate sheets currently replacing glass, toughened glass, and polyethylene membrane, as they offer a perfect combination of lightweight, high-impact strength, light transmission, frame-resistance, UV protection, anti-drop properties, as well as better aesthetic appearance.
Clear polycarbonate sheets are transparent as glass and weigh only half in comparison to the latter, thereby, making it easy to transport and install them. The impact strength of the polycarbonate sheet is about 200 times higher than the common glass and 2 to 20 times higher than tempered glass. They are suitable for applications that have high chances of encountering hail, high wind, and storm rain.
Based on the type, the solid segment of the polycarbonate sheets market is expected to witness the highest growth during the forecast period. The growth of the solid polycarbonate sheets segment can be attributed to the increased use of solid polycarbonate sheets in barrel vault roofing, roof lights, and glazing, as polycarbonate sheets are light in weight in comparison to glass.