The Global Polycarbonate Glazing Market size is projected to grow at a CAGR of 4.8% during the forecast period, to reach USD X.X billion by 2028. The Asia Pacific region will be the fastest-growing regional segment due to increasing industrialization and urbanization in this region coupled with an increase in demand for energy-efficient buildings which require high-quality glass products such as polycarbonates, which are used extensively on all types of buildings including residential and commercial constructions.
Polycarbonate glazing is a type of engineered plastic that can be manufactured in sheet form. It is an exceptionally versatile product as it has excellent thermal insulation properties, good impact resistance, and high transparency levels. The material provides seamless solutions for many applications related to windows, doors, or skylights because of its superbly robust nature and aesthetically appealing appeal while being extremely cost-effective to produce when compared with other alternatives such as glass sheets.
On the basis of Type, the global polycarbonate glazing market is segmented into General Grade and High Transparency.
General grade polycarbonate glazing is a type of plastic that has been designed for use in windows, doors, and skylights. The material can be used both indoors and outdoors as it is highly durable with excellent thermal insulation properties. General Grade polycarbonate glazing is transparent in nature and has a low percentage of light transmission. These are available with UV stabilizers that help to protect the product from any sort of discoloring. It has high-level impact strength and good resistance towards chemicals, weathering, etc.
High Transparency type of polycarbonate glazing is mainly used for making roofs, facades, and partitions. High transparency allows maximum light transmission along with providing insulation properties. It allows the maximum amount of light to pass through while providing protection against UV rays. Transparent panels transmit light well and are often used as windows in offices or skylights. The installation process is simple and does not require an electrician to drill holes into the building's ceiling.
On the basis of Application, the global polycarbonate glazing market is segmented into Industrial Construction, Commercial Construction, Institutional Construction, Horticulture & Agriculture, Automotive Others.
There are many applications of polycarbonate glazing for industrial construction. Some examples include skylights, roof and wall panels, building facades, and canopy covers among others. Applications of polycarbonate glazing for Industrial Construction also include Greenhouses & Horticulture, Automotive Assembly Line Centers, Factory Buildings and Warehouses, and Digitally Controlled Environments.
Polycarbonate glazing has been used in the commercial construction industry for many years due to its wide range of applications. It is a popular material type that can be found throughout retail, hospitality, and office spaces around the world. It provides a cost-effective alternative to traditional glass as it offers the same benefits of a lightweight, durability, safety, and thermal insulation without requiring an expensive metal frame.
The application of polycarbonate glazing in Institutional Construction is to provide a building with protection from the elements such as rain, sun, and wind. Polycarbonate glazing is used in institutional construction for its ability to provide energy savings and a high level of insulation. For Institutional Construction it holds multiple benefits such as energy efficiency, high durability & strength which make this product very popular among architects, engineers, and other stakeholders in the building industry.
Polycarbonate glazing is mostly used in greenhouses. It helps plants to grow under controlled conditions and enhances the plant growth rate as it reflects light that comes directly from the sun while allowing filtered sunlight through its translucent surface. This polycarbonate glazing can be used by greenhouse owners, farmers, or gardeners for growing indoor vegetables like lettuce, cucumbers, etc. Polycarbonates are transparent which allows natural light into the environment during daytime but still protects them from harsh sunlight. This results in a higher yield of plants as compared to open fields where there is no protection against weather conditions.
The automotive industry has been a major end-use segment of the global polycarbonate glazing market over the past few years. Vehicles are primarily made up of glass and metal, which are prone to damage during collisions as well as breakage due to external factors such as high temperatures and humidity levels. Polycarbonate glazing is used in automotive as a material for lightweight windows. It can provide high impact resistance and good property to filter ultraviolet rays. Polycarbonate glazing is also known for its flexibility, corrosion-free properties, and low maintenance cost associated with it.
On the basis of Region, the global polycarbonate glazing market is segmented into North America, Latin America, Europe Asia-Pacific, and Middle East & Africa. The Asia Pacific is the largest market for polycarbonate glazing in 2017 whereas North America is expected to be the fastest-growing regional segment during 2018 - 2028. This increase can be attributed to increased demand from commercial construction applications such as skylights and greenhouse glazing, which require higher light transmission than normal grades do.
Europe will continue its dominance throughout the forecast period due to increasing industrialization across various countries including Germany, Italy, UK, France, Russia, Poland, Hungary, etc. The region has also witnessed significant growth of the residential sector along with rising foreign investment opportunities in infrastructural development leading to expansion of end-use industries such as automotive chemical processing pharmaceuticals etc., further fueling the growth of the region. China and India are expected to witness a significant rise in demand for polycarbonate glazing owing to industrialization and increasing infrastructural development across these countries which are anticipated to boost the market over coming years.
Some of the key factors that are expected to drive growth in this market include rapid urbanization across developing nations, rising demand for sustainable construction, and technological advancements. Furthermore, government initiatives such as the ‘Make in India’ campaign and focus on infrastructure development projects will also provide a positive impact on this industry over the next few years.
Up Market Research published a new report titled “Polycarbonate Glazing Market research report which is segmented by Types (General Grade, High Transparency), By Applications (Industrial Construction, Commercial Construction, Institutional Construction, Horticulture & Agriculture, Automotive, Others), By Players/Companies Brett Martin Plastic Sheets, Palram Industries, Plazit Polygal, Guangdong Amuse Plastic Products, MG Polyplast Industries, SABIC, Gallina”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Polycarbonate Glazing Market Research Report |
By Type | General Grade, High Transparency |
By Application | Industrial Construction, Commercial Construction, Institutional Construction, Horticulture & Agriculture, Automotive, Others |
By Companies | Brett Martin Plastic Sheets, Palram Industries, Plazit Polygal, Guangdong Amuse Plastic Products, MG Polyplast Industries, SABIC, Gallina |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 202 |
Number of Tables & Figures | 142 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type General Grade, High Transparency and By Application Industrial Construction, Commercial Construction, Institutional Construction, Horticulture & Agriculture, Automotive, Others.
Some of the companies that are profiled in this report are:
Polycarbonate Glazing Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Polycarbonate Glazing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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