Overview:
The Polycarbonate films is set to witness the highest growth in the market due to the growing consumption in the automotive interiors, IMD applications, electronics and others during the forecast period, 2017-2023.
The Global Polycarbonate Films Market has been driven by the range of its application in various end use industries such as electronic, automotive, and medical packaging among others. Moreover, it is estimated that the optical Polycarbonate Films are used in wide ranges of end use industries owing to its excellent properties such as impact resistance, enhanced thermal properties, durability, optical clarity, and enhanced stability among others. The rising demand of the low VOC emitting materials coupled with the development of automotive industry throughout the globe is substantially affecting the growth of the polycarbonate films market.
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Key Players:
The prominent players operating in the global Polycarbonate Films Market are, Excelite (China), MGC Filsheet co. Ltd. (Japan), 3M (U.S.), SABIC (Saudi Arabia), Covestro (Germany), Teijin Ltd. (Japan), Suzhou Omay Optical Materials Co. Ltd. (China), and Mitsubishi Gas Chemical Company Inc. (Japan), and Rowland Technologies (U.S.).
Regional Analysis:
The Global Polycarbonate Films Market is spanned across five regions of the world namely; Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.
The 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.
Categorization:
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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