Polycarbonate Films Market: Global Demand Analysis & Opportunity Outlook 2023

Polycarbonate Films Market 2018 Global Share, Trends, Competitive landscape and Forecast to 2023

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Polycarbonate Films Market 2018 Polycarbonate Films Market 2018: Global Share, Trends, Competitive landscape and Forecast to 2023

Polycarbonate films are widely used in electronics owing to its enhanced durability, heat resisting properties and enhanced impact strength among others. Polycarbonate films are extensively used in the manufacturing of labels and nameplates, boards, membrane switches, control panels and as a packaging material for medical devices.

For the years, global polycarbonate films market has experienced the moderate growth. Its application scope in transportation, medical and electronic industry is driving the growth of this market. Polycarbonate films properties is another factor for its growth. It has special properties suitable for the application in various industries. In addition to this, the safety features of the polycarbonate films in electronic industry has been establishing its importance for the specific application. Asia Pacific, for instance, expecting demand for light weight polycarbonate films and is likely to support the trend in major industries. As per industry experts, Asia Pacific to dominate the major consumption trend of polycarbonate films and provide several growth gains.

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Polycarbonate Films Market 2018 Segmental Analysis The Global polycarbonate films market is segmented into product type, and end-user.

On the basis of the product type, the market is segregated into optical, flame, retardant, weatherable, and others.

The market by the end-use industry is bifurcated into electrical and electronics, transportation, and medical packaging.

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Polycarbonate Films Market 2018 Major Players in this Research: Key Players for Polycarbonate Films Market: • SABIC (Saudi Arabia), • Covestro (Germany), • Teijin Limited (Japan), • 3M Company (U.S.), • Suzhou Omay Optical Materials co., Ltd. (China), • Mitsubishi Gas Chemical Company, Inc (Japan), • Excelite (China) MGC Filsheet co. Ltd (Japan)

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Polycarbonate Films Market 2018 Regional Market Analysis Asia Pacific holds a major share of the global market and is projected to be the largest and fastest growing market, owing to the increasing consumption of polycarbonate films in the automobile and electronic industry among others. Moreover, the developing retail sector in the region coupled with the increasing smart phone penetration has augmented the sales of electronics and consumer goods which in turn is positively affecting the market growth. It is estimated that the optical polycarbonate films product segment is set to observe the highest CAGR in the market due to growing application in the automobile and electronics. Moreover, increasing government regulations regarding the use of environment friendly materials is likely to generate a rapid growth during the forecast period.

The North American market is expected to grow at a steady CAGR due to high adoption of polycarbonate films in the U.S., and Canada.

The presence of the developed end user industries such as automotive and electronics are major factors contributing to the market growth. Moreover, the increasing health consciousness among the population has further augmented the demand for medical devices which in turn is expected to fuel the market growth.

The European market is expected to show significant growth during the forecast period. The stringent government regulation for greenhouse emissions has fuelled the use of polycarbonate films owing to its low VOC emissions in consumer goods, electronics, and automobile among others. The developed automobile industry has increased the use of polycarbonate films in the interiors, headlamps, clusters, instrument panels, glove compartment flaps, and others.

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