Title: Polycarbonate Films Market 2019 to 2024, key industry players & growth trends
1 Polycarbonate Films Market to Accrue Commendable
Proceeds over 2019-2024
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2Global Market Scenario of Polycarbonate Films
Industry
- Increasing automotive and electronics industries
with growing demand for high performance energy
efficient products may witness significant growth
in polycarbonate films market. - Growing demand towards lightweight vehicles and
strict regulatory norms to reduce the usage of
heavy metals and glass in automotive sector is
likely to further support the industry growth. - Polycarbonate Films Market may exceed USD 2.4
billion by 2024 according to a new research
report. - Polycarbonate films provides superior properties
including durability, fuel efficiency and weather
resistance in automotive industries. - These products act as high-performance materials
and provide transparency with value additional
performance features including lightweight and
minimization of ripple, alteration and optical
defects in vehicles, thereby fueling product
demand.
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3Continue-
- Polycarbonate films have wide range of
application in healthcare industries owing to its
mechanical and optical properties. These products
are utilized for packaging of medical devices and
surgical instruments or transplants that are
radiation-sterilized and exhibit good resistance
to sterilizers and cleaning agents due to their
thermal, mechanical and moisture related
properties. - Diagnostic equipment is of great demand followed
by patient monitoring equipment, consumables,
patient aids, orthopedics and dental products,
thereby stimulating the product demand. - Optical PC films market may surpass USD 1.2
billion by 2024. Rising automotive sector results
in increased demand for light weight vehicles
which in turn will support industry demand for
this segment. Furthermore, these products provide
key benefits which includes dimensional
stability, clean edge die-cutability and thermal
stability in automotive, which is likely to
foster PC films demand.
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5360 Industry Analysis
- North America led by the U.S. and Canada
polycarbonate films market may witness gains at
over 6.5 by the end of forecast period. Growing
medical technology and stringent demand on
materials with respect to hygiene, service life
and durability is likely to foster the product
demand. Rising demand of high-tech medical
devices from diagnostics to surgical application
owing to its high thermal and moisture related
properties may stimulate the regional industry
growth. - Europe led by Germany, France and UK
polycarbonate films market may exceed USD 650
million by 2024. EPSE is the European trade
association representative of polycarbonate sheet
films suppliers and producers in Europe. Made
up from leading manufacturers of polycarbonate
multiwall, ridged, and compact sheets and braced
by resin producers, EPSE endorses the use of
polycarbonate sheets in the region market and
advances industry standards, may propel the
industry growth. -
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6- Competitive Analysis
- Global polycarbonate films market share is
consolidated with key players including SABIC,
Covestro, Teijin, Excelite, Wiman and Rowland
Technologies. Companies are investing in RD and
new product development to expand their market
demand.
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