Polycarbonate Sheets: Global Market Outlook 2019-2023 - Increase in Demand for lightboards & ID Card Printing

Polycarbonate Sheets: Global Market Outlook 2019-2023 - Increase in Demand for lightboards & ID Card Printing

The "Polycarbonate Sheets Market by Type (Solid, Multiwall, Corrugated and Others), End-Use Industry (Building & Construction, Automotive & Transportation, Electrical & electronics and Others), Region - Global forecast to 2023" .

The increasing demand for polycarbonate sheets from various end-use industries such as automotive, construction, electronics, and signage & advertisement, among others, is driving the growth of the polycarbonate sheets market across the globe.

Among types, the solid segment of the polycarbonate sheets market is projected to grow at the highest CAGR during the forecast period. Solid polycarbonate sheets are used in fabrication structures for roofing sheds, porticos, terraces, gardens, and swimming pool areas. The growth of this segment can be attributed to the increasing use of solid polycarbonate sheets in various end-use industries as these sheets provide better physical properties as compared to other polycarbonate sheets.

Among end-use industries, the building & construction segment is expected to lead the polycarbonate sheets market in 2019. The increasing demand for polycarbonate sheets from the building & construction industry is expected to propel the growth of the polycarbonate sheets market across the globe.

The growing demand for lightweight materials that ensure high efficiency of automobiles is also contributing to the growth of the polycarbonate sheets market. Apart from the automotive and construction end-use industries, polycarbonate sheets are also used in various other industries such as electronics, consumer appliance, aerospace, signage & advertising, and jewelry.

The Asia Pacific region is the largest consumer of polycarbonate sheets across the globe. The Asia Pacific polycarbonate sheets market is also projected to grow at the highest CAGR during the forecast period. Rapid industrialization in the Asia Pacific region, coupled with the increasing demand for polycarbonate sheets from various end-use industries, such as automotive and construction, is driving the growth of the Asia Pacific polycarbonate sheets market.