The Global Polycarbonate Films Market is forecast to reach USD 2.11 Billion by 2026, according to a new report by Reports and Data. The Polycarbonate Films market is rising rapidly in the global market due to high demand in transparent impact-resistant materials in the worldwide market and the proliferation of the recyclable plastics globally. The polycarbonate films are used in a variety of applications in order to add to the protection and high impact on the end-use applications.
Electronic Gadgets has the most adoption rate of the polycarbonate films because of its flexibility, high strength, thermal insulation, transparency, and natural UV filter, which no other materials can offer. Electronic gadgets are increasing its pace with the fastest growth rate of 7.1% throughout the forecast period and had the highest market share of 21.3% in the year 2018.
Top Companies Operating in the Global Polycarbonate Films Market: Teijin Limited, 3M Company, Suzhou Omay Optical Materials, Macdermid Autotype, Excelite, Wiman Corporation, Sichuan Longhua Film, Covestro AG, DuPont, Evonik Industries AG.
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Further key findings from the report suggest
- Optometry segment had a market share of 13.9% in the year 2018 and growing at a rate of 4.3% by 2026. Polycarbonate films are used as the protective layer in the eyeglasses, which deflects the UV rays and keeps the eye cool. The high-end sunglasses are made of polycarbonate films with the tinted and mirrored type of polycarbonate films which can reflect the UV rays even close to 99 percent and also unbreakable up to a certain extent. Also, the bodies of the glasses can be of polycarbonate films to add to more durability.
- Tinted polycarbonate films are used to provide anti-reflection coating in different applications. The tinted coat also makes it near to invisible from the other side of the user if used in sunglasses or car windows. Tinted polycarbonate will have a revenue of USD 0.28 Billion in 2026.
- Bulletproof polycarbonate films segment is growing with a CAGR of 4.7% by 2026. Polycarbonate films are high impact resistant, which is even capable of resisting violent blows. The bulletproof polycarbonate films are used in banks, museums, jewelers, and bulletproof cars, among others.
- Fire Retardant polycarbonate films coating helps flame inhibition, which can restrict fire flames up to a specific limit. This type of polycarbonate films are used in welding eyeglasses. This segment is forecasted to gain a market share of 4.2% in 2026.
- Engineering Plastic polycarbonate films have better mechanical and chemical properties compared to commodity plastics. These type of polycarbonate films are used in smaller objects and very low-volume applications.
- North America is accounted to gain 27.5% of market possession by 2026 with a CAGR of 6.0% in the forecast period.
- Europe is forecasted to witness significant growth in the overall market, with 17.3% of market possession by 2026 and CAGR of 5.0% during the forecast period.
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Polycarbonate Films Market Segmentation
End Users Channel Outlook (Revenue, USD Billion; 2016-2026)
- Construction Industries
- Electrical Components
- Electronic Gadgets
- Transportation Automotive Sectors
- Packaging Industries
- Medical Instruments
Type of Polycarbonate Outlook (Revenue, USD Billion; 2016-2026)
- Fire Retardant
- Food Graded
Type of Plastic Outlook (Revenue, USD Billion; 2016-2026)
- Commodity Plastic
- Engineering Plastic
The report is written with the aid of industry analysts, market segmentation, and data collection in order to assist readers in making profitable business decisions. The report includes a comprehensive database of technical and product advances. It also provides information on growth rates and market value, as well as a thorough examination of niche market segments. The report provides strategic advice to newcomers and existing businesses about how to make profitable and well-informed business decisions.
The Polycarbonate Films market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Polycarbonate Films market.
The global Polycarbonate Films market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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