According to the new market research report "Polycarbonate Sheets Market by Type (Solid, Multiwall, Corrugated), End-use Industry (Building & Construction, Electrical & Electronics, Automotive & Transportation, Aerospace & Defense, Packaging), and Region - Global Forecast to 2025", The global polycarbonate sheets market size is projected to grow from USD 1.7 billion in 2020 to USD 2.2 billion by 2025, at a CAGR of 5.1% between 2020 and 2025.
Polycarbonate sheets are made of polycarbonate resins and possess properties, such as impact resistance and good light transmission. These sheets, also called thermoplastic sheets, have a special property in which when being heated to their melting point, they do not exhibit any significant degradation. Polycarbonate sheets also offer 250 times greater impact resistance than glass and almost 30 times than acrylic sheets. These properties have enabled their use in different engineering applications.
APAC is the fastest-growing region for polycarbonate sheets market. The growth in demand for polycarbonate sheets in the region can be largely attributed to the growing infrastructure and building & construction industries. Moreover, the rising number of end-use industries in the region is also leading to innovations and developments in the field of polycarbonate sheets, thereby fueling the growth of the APAC polycarbonate sheets market.
