Polycarbonate Glazing Market is projected to reach USD 6,629.4 million by 2023, expanding at a CAGR of 8.43%

Synopsis of Polycarbonate Glazing:
Polycarbonate Glazing are heat-blocking sheets that reduce heat buildup as well as condensation control in skylights and architectural glazing for the treatment of greenhouses and garden centers. This material permits around 85% penetration of light, heats up less than glass and withstands mechanical blows. This material is flexible in nature which make it suitable for utilization in the manufacturing of curved surfaces. These sheets are of different size and shapes, ranging from typical flat sheets to multiple layers and some more specialized panels including standing steam or tongue and groove design. Polycarbonate glaze possess cellular polycarbonate arrangement that cause a lightweight sheet with high impact durability and high class thermal insulation. Polycarbonate is also available in solid form ranging from 3mm to 12mm. This product seems to be virtually indestructible and provides endless opportunities for usage in those areas where security and safety issues are paramount.

As per analysis, some of the market factors and trends identified in the Global Polycarbonate Glazing Market includes growth of construction sector, increasing automotive production, and favorable government regulations. Furthermore, growing urban population, escalating investments, and rising per capita disposable income in emerging economies is anticipated to give new impetus to the polycarbonate glazing demand 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 benefit the Polycarbonate Glazing demand in the upcoming years. Additionally, rising demand for lightweight automobiles coupled with adoption of strict emission reduction norms are predictable drivers of the market. Moreover, significant increase in automotive production sales in developing and developed regions is expected to fuel the market growth. 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. According to MRFR analysis, cumulatively the Global Polycarbonate Market was valued at USD 3,789.0 million in 2016 and is expected to reach USD 6,629.4 million by 2023 with 8.43% CAGR during the review period.

Market Highlights:
Commenting on this report, an analyst from Market Research Future (MRFR)’s team said, “Global Polycarbonate Glazing Market was valued at USD 3,789.0 million in 2016 and is predicted to grow at 8.43% CAGR to reach USD 6,629.4 million by the end of 2023. Polycarbonate Glazing is gaining importance in the global market with the increase in consumption of plastic material in automotive industry. These are widely utilized in number of applications including architectural glazing, windscreen, illuminated signage, roofing & sidelights, and displays.

Some of the prominent market factors that positively influence the market growth are increasing demand from construction sector as well as improving automotive industry. Rapid industrialization coupled with rising disposable income in developing economies are expected to drive market growth over the forecast period. Increasing investment in the industrial as well as commercial construction sector is predicted to boost the market demand. Additionally, automotive dominated the market with a share of 27.11% and projected to expand with the highest CAGR in developing and developed regions which in turn is expected to fuel the market growth.

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Segment Analysis:
The Global Polycarbonate Glazing Market is divided into application, end use and region. Based on application Global Polycarbonate Glazing Market is segmented into architectural glazing, sidelights, roofing & skylights, windscreens, illuminated signage & displays, and others. On the basis of end use, the market is segmented into industrial construction, commercial construction, institutional construction, horticulture & agriculture, automotive, and others.

Architectural glazing holds the largest application segment, and accounts for 26% in overall revenue generated by Polycarbonate Glazing Market. Polycarbonate glazing finds wide application scope in architectural glazing which is majorly driven by excellent properties such as UV protection, durability and high impact resistance. Additionally, polycarbonate panels offer opportunities for day lighting, a key component of the sustainable building movement. The overall architectural glazing application segment was estimated to be valued at USD 1,002.2 million in 2016 and predicted to expand with a significant CAGR over the forecast period. Furthermore, sidelights application accounted for over 15% of the overall revenue share 2016. These offer various advantages over traditional fiberglass corrugated panels such as optical clarity and UV protection. Polycarbonate sheets are widely utilized in transparent and translucent roofing elements and skylights due to its rigidity and optical clarity. Windscreens, side windows, rear windows, and panoramic roofs are the main application areas for glazing in vehicles. Automobile manufacturers are focusing on making lightweight vehicles in order to achieve fuel efficient vehicles and reduce carbon dioxide emission rate. Furthermore, increasing usage of illuminated signage & displays in developing countries combined with significant investment on advertising strategies is predicted to fuel market growth over the forecast period. Other application for Polycarbonate Glazing include backlight, sunroof, automotive lighting, etc. The rising acceptance of Polycarbonate Glazing in automotive applications depicts tremendous opportunities over the forecast period. Other segment was valued at USD 388.4 million in 2016 and is predicted to reach USD 648.0 million by 2023. However, strict regulations regarding usage of polycarbonate in windshields is anticipated to challenge industry participants in the upcoming years.

Automotive is estimated to be the largest end use segment and accounted for around 27% market share in 2016. The increasing need of safety in vehicles coupled with superior properties of Polycarbonate Glazing is driving segment growth significantly. The Automotive Glazing Market is expected to gain importance over the forecast period owing to the aforementioned reasons. However, industrial, commercial, and institutional construction collectively accounted for over 50% of the market share. Rapid growth of industrial sector along with the strong economic outlook of developing economies is set to propel market growth.

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Regionally, the Global Polycarbonate Glazing Market is divided into five main regions namely, North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among all the regions, Asia Pacific dominates the market and expected to witness fastest CAGR during the review period. Rising construction activities and growth of automotive industry are the major factors behind the market growth in Asia Pacific. The Asia Pacific market is trailed by Europe, which is followed by North America.

Key Points from Table of Contents:

9    Company Profile  

9.1      Brett Martin Plastic Sheets
9.1.1    Company Overview
9.1.2    Product Segment
9.1.3    Financials
9.1.4    Key Developments 
  
9.2      Palram Industries Ltd.
9.2.1    Company Overview
9.2.2    Product Segment
9.2.3    Financials
9.2.4    Key Developments   

9.3      Plazit Polygal
9.3.1    Company Overview
9.3.2    Product Segment
9.3.3    Key Developments


9.4      Guangdong amuse plastic products co., limited
9.4.1    Company Overview
9.4.2    Product Segment

9.5      MG Polyplast Industries Pvt Ltd
9.5.1    Company Profile
9.5.2    Product Segment   
      
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Polycaprolactone Polyol Market is projected to reach USD 791.4 million by 2023 with 11.28% CAGR during review period of 2016-2023

Market Synopsis of Global Polycaprolactone Polyol:
Global Polycaprolactone Polyol Market has been increasing tremendously, specifically in Asia Pacific Region growing at CAGR of 11.58% during the forecast period, owing to rise in the populations in this region resulting to increasing in demand for resins, footwear industry. Additionally, automotive industry growth typically follows the growth of these key end markets. The demand from Polycaprolactone Polyol based polyurethane resin is increasing day by day in world due to the governments initiative for biodegradable plastics and rising environmental regulations in lowering carbon emissions and greenhouse gases. Europe is the second largest consumer of Polycaprolactone Polyol growing at CAGR of 11.48%, Europe is major consumer especially in terms of foam, coating and adhesive based application products. In addition, Europe is followed by North America which is growing at CAGR of 11.18%. The coating based application of Polycaprolactone Polyol are leading in North America. The biodegradable nature of the polyol based resins and the coating applications that increase the life of the product are the major market driving factor for the Polycaprolactone Polyol Market. The competition from petroleum based polyols are the restraining factor for the market. Moreover, According to market research, there is a tremendous opportunity for new comers of Polycaprolactone Polyol manufacturers to collaborate and expand the business to fulfil the demand in this sector.

Market Highlights:
Commenting on this report, an analyst from Market Research Future (MRFR)’s team said, “Global Polycaprolactone Polyol Market is estimated to be valued at USD 377.1 million by the end of 2016 and is expected to grow at a CAGR of 11.28% to reach USD 791.4 million by the end of 2023. Foam accounted for the largest market share of 31.57% in 2016, projected to grow at the highest CAGR of 10.89% during the forecast period. Foam segment is followed by coating, adhesive, elastomer and others. The properties of Polycaprolactone Polyol such as, excellent oil, solvent and fuel resistance, abrasion resistance, high tensile strengths and cut and tear resistance in the end use applications is expected to stimulate the demand for foam and elastomer segment. In terms of volume, foam is leading the market in 2016 and is expected to grow at a CAGR of 10.96% during the forecast period in Asia Pacific region. Europe is the second largest consumer of Polycaprolactone Polyol followed by North America; the latter regions are expected to grow at CAGRs of 10.78% and 10.48% respectively.

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Segment Analysis:
The Global Polycaprolactone Polyol Market has been segmented into: application and end use. On the basis of application, the market has been divided into foam, coating, adhesive, elastomer and others. Based on the end user, the market is segmented resin, footwear, automotive, pharmaceutical and others.

The consumption of Polycaprolactone Polyol in foam accounts for the largest market share in the global market, owing to its inherent properties such as excellent oil, solvent and fuel resistance, abrasion resistance, high tensile strengths and cut and tear resistance among others. The segmental growth of foam can be attributed to various factors such as the surge in demand from the footwear sector coupled with the consumer resin market growth, surge in automotive production, and increasing prevalence of electric vehicles among others. Additionally, Polycaprolactone Polyol is utilized in various niche sector as a coating, adhesive, elastomer and foam. It is utilized as coating to increasing the life of the product. Polycaprolactone based resins are used in electrical insulations, microfluidics, microelectronics. The use of Polycaprolactone based products have accelerated the market to many extent due to its property as excellent thermal resistance, physical properties, biodegradable nature.

The resin market is one of the major consumer of Polycaprolactone Polyol, the valuation of resin market is valued at approximately USD 147.4 million in 2016; growing at 11.43% of CAGR during forecast period. Due to increasing focus on sportswear generally among consumers the footwear is the second largest market for the Polycaprolactone Polyol. The footwear industry is valued at approximately USD 72 million in 2016 and projected to grow at the CAGR of 11.38%. The automotive segment is the third largest consumer of Polycaprolactone Polyol, the segment is anticipated to grow at a rate of 11.28% to reach approximately USD 101.2 Million by the end of 2023, owing to the increasing automotive production in line with the decline in crude oil prices.

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Regional Analysis:
Geographically, the Global Polycaprolactone Polyol Market by region is segmented into Asia Pacific, North America, Europe, Latin America and Middle East & Africa. As per MRFR analysis Asia Pacific dominated the Polycaprolactone Polyol Market and has accounted for the largest share of 30.10% the market in 2016; expected to grow at CAGR of 11.58%. Asia Pacific market is followed by Europe and North America growing at CAGR of 11.48% and 11.28% respectively. Moreover, the products from Polycaprolactone Polyol are biodegradable in nature, and government initiative for biodegradable plastics in these region are expected to drive the market.

Key Points from Table of Contents:

10    Company Profile  

10.1       Perstorp Holdings A.B
10.1.1    Company Overview
10.1.2    Product/Business Segment Overview
10.1.3    Financial Updates
10.1.4    Key Developments  

10.2       BASF SE (Germany)
10.2.1    Company Overview
10.2.2    Product/Business Segment Overview
10.2.3    Financial Update
10.2.4    Key Developments   

10.3       Daicel Corporation
10.3.1    Company Overview
10.3.2    Product/Business Segment Overview
10.3.3    Financial Updates   

10.4       Sigma-Aldrich
10.4.1    Company Overview
10.4.2    Product/Business Segment Overview
10.4.3    Financial Updates   

10.5       Shenzhen Esun Industrial Co., Ltd
10.5.1    Company Overview
10.5.2    Product/Business Segment Overview
10.5.3    Financial Updates      

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