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Polycarbonate Films Market 2019 By Regional Trend & Growth Forecast To 2024

Author : Rahul Varpe | Published Date : 2019-08-19 

Global Market Insights, Inc present the report on global Polycarbonate Films Market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2019-2024.

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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Polycarbonate Films Market may exceed USD 2.4 billion by 2024; according to a new research report. 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 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.

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.

Polycarbonate Films Market, By Product

  • Optical PC films
    • By Application
      • Electrical & Electronics
      • Household appliances
      • Automotive
      • Others
  • Flame Retardant PC films
    • By Application
      • Electrical & Electronics
      • Construction
      • Textile Adhesives & Coating
      • Automotive
  • Weatherable PC films
    • By Application
      • Electrical & Electronics
      • Automotive
      • Signages & Display Windows
  • Others
    • By Application
      • Construction
      • Electrical & Electronics
      • Automotive
      • Medical

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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.

Asia Pacific led by, China, Japan and India polycarbonate films market demand may witness gains at over 8% by 2024. The growth in demand can be attributed owing to high penetration of products across electronics & electrical industry. The main significance in this region for the growth of consumer electronics are the changes in macroeconomics, such as rising per captia income, growing middle class population, demographics and education attainments. This is fostering growth in certain categories, namely tablets, smartphones and wearable electronics including smartwatches, thereby stimulating polycarbonate films market.

Global polycarbonate films market share is consolidated with key players including SABIC, Covestro, Teijin, Excelite, Wiman and Rowland Technologies. Companies are investing in R&D and new product development to expand their market demand.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Read more - https://medium.com/@snehaljadhav7.sj/advanced-glass-market-report-2019-guardian-industries-cardinal-glass-industries-%C5%9Fi%C5%9Fecam-ppg-678dc1d3c8de 

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About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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