Global Polycarbonate Sheets Market Size, Share & Trends Analysis Report By Type (Multiwall, Solid, Corrugated and Others), By End-Use Industry, By Regional Outlook and Forecast, 2024 - 2031

Global Polycarbonate Sheets Market Size, Share & Trends Analysis Report By Type (Multiwall, Solid, Corrugated and Others), By End-Use Industry, By Regional Outlook and Forecast, 2024 - 2031


The Global Polycarbonate Sheets Market size is expected to reach $2.3 billion by 2031, rising at a market growth of 5.6% CAGR during the forecast period. In the year 2023, the market attained a volume of 2,47,954.65 thousand square meter, experiencing a growth of 20.2% (2020-2023).

The building and construction segment held a promising growth rate in the polycarbonate sheets market in 2023. Due to great formability and customization options of sheets, architects and designers can construct distinctive and inventive architectural features with sheets. Therefore, the segment generated 14.69% revenue share in 2031. In terms of volume the Russian building and construction segment would use 1,846.71 thousand square meters by 2031. They can be thermoformed, curved, or molded into various shapes and sizes to achieve intricate designs and geometries.

Polycarbonates are often used to manufacture transparent enclosures and covers for electronic devices such as smartphones, tablets, and consumer electronics. Their ability to insulate against electrical currents and prevent short circuits enhances the safety and performance of electronic devices, particularly in high-voltage applications. Therefore, the electronics industry’s expansion is driving the market’s growth. Additionally, Continuous research and development efforts in material science have led to developing sheets with enhanced performance characteristics. Thus, ongoing advancements in technology and material science are propelling the market’s growth.

However, Polycarbonate is typically manufactured using bisphenol A (BPA), a chemical compound that has raised concerns due to its potential adverse health effects. VOCs such as styrene, benzene, and toluene are associated with respiratory irritation, headaches, and other adverse health effects. Thus, the harmful effects of sheets hamper the market’s growth.

By Type Analysis

Based on type, the market is divided into solid, multiwall, corrugated, and others. In 2023, the solid segment attained 32.07% revenue share in the market. In terms of volume, the solid segment registered a consumption of 76,060.09 thousand square meters in 2023. Solid sheets are known for their exceptional durability and impact resistance. They can withstand high levels of impact without breaking or shattering, making them suitable for applications where safety and longevity are paramount, such as security glazing, protective barriers, and vandal-resistant panels.

By End-Use Analysis

Based on end-use industry, the market is segmented into building & construction, electrical & electronics, automotive & transportation, aerospace & defense, packaging, and others. In 2023, the automotive & transportation segment attained 21.42% revenue share in the market. In terms of volume the segment consumed 51,388.60 thousand square meters in 2023. Polycarbonate offers greater design flexibility. Allowing automotive designers to create sleek, aerodynamic shapes and complex curves. These sheets can be molded and formed into various shapes, sizes, and thicknesses, enabling the integration of innovative design elements such as panoramic sunroofs, curved windshields, and seamless window panels.

By Regional Analysis

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific region witnessed 48.48% revenue share in the market in 2023. The Asia Pacific region is experiencing rapid urbanization, accompanied by robust construction activity in residential, commercial, and infrastructure sectors. Polycarbonates are widely used in construction applications such as roofing, skylights, facades, and partitions due to their durability, versatility, and aesthetic appeal. The growing demand for construction materials in emerging economies like China, India, and Southeast Asian countries drives the significant uptake of sheets in the region.

Recent Strategies Deployed in the Market

Jan-2024: Covestro AG came to an agreement for the supply of chemically recycled, circular feedstock derived from post-consumer end-of-life plastic. Through this agreement, the company will enable the reuse of used plastics and, additionally, have a lower carbon footprint, which leads to more sustainable end products.

Oct-2023: Covestro AG has geographically expended its footprints in Shanghai, China, for the mechanical recycling (MCR) compounding line for polycarbonates. The line has the capacity to generate more than 25,000 tons of polycarbonates and their blends. Through this expansion, the company will fulfil the growing demand for post-consumer-recycled (PCR) plastics, particularly in applications within the electrical and electronic products, automotive, and consumer goods sectors.

Sep-2023: SABIC and SINOPEC announced a 50-50 joint venture to launch the commercial operation of a new polycarbonate (PC) plant, SINOPEC SABIC Tianjin Petrochemical Co. Ltd. (SSTPC). Through this plant, the companies are building on their position as the best polycarbonate manufacturers and, additionally, increasing service capabilities, agility, and supply reliability.

Apr-2023: Covestro AG expanded its range of more sustainable polycarbonates by offering a polycarbonate with a 90 percent recycled content of plastic from post-consumer waste (PCR). The company plans to initially offer this grade in the Asia-Pacific region. This product expansion will enhance the company's portfolio.

Aug-2022: Teijin Limited collaborated with Mitsui Chemicals, Inc. to develop and market biomass-derived bisphenol A (BPA) and polycarbonate (PC) resins. Through this collaboration, the company aimed to produce more environmentally friendly products. Additionally, both companies will make efforts to achieve carbon neutrality by reducing greenhouse gas (GHG) emissions throughout product lifecycles.

List of Key Companies Profiled
  • Covestro AG
  • Palram Industries Ltd.
  • SABIC (Saudi Basic Industries Corporation)
  • Teijin Limited
  • UVPLASTIC Material Technology Co., Ltd.
  • S Polytech Co Ltd.
  • Polyvalley Technology (Tianjin) Co.,Ltd.
  • Jiaxing Innovo Industries Co., Ltd.
  • Exolon Group NV (Serafin Group)
  • Emco Industrial Plastics, Inc. (Newbury Franklin LLC)
Global Polycarbonate Sheets Market Report Segmentation

By Type (Volume, Thousand square meters, USD Billion, 2020-2031)
  • Multiwall
  • Solid
  • Corrugated
  • Others
By End-Use (Volume, Thousand square meters, USD Billion, 2020-2031)
  • Electrical & Electronics
  • Building & Construction
  • Automotive & Transportation
  • Aerospace & Defense
  • Packaging
  • Others
By Geography (Volume, Thousand square meters, USD Billion, 2020-2031)
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Polycarbonate Sheets Market, by Type
1.4.2 Global Polycarbonate Sheets Market, by End-Use Industry
1.4.3 Global Polycarbonate Sheets Market, by Geography
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. Recent strategies deployed in Polycarbonate Sheets Market
Chapter 5. Global Polycarbonate Sheets Market by Type
5.1 Global Multiwall Market by Region
5.2 Global Solid Market by Region
5.3 Global Corrugated Market by Region
5.4 Global Others Market by Region
Chapter 6. Global Polycarbonate Sheets Market by End-Use Industry
6.1 Global Electrical & Electronics Market by Region
6.2 Global Building & Construction Market by Region
6.3 Global Automotive & Transportation Market by Region
6.4 Global Aerospace & Defense Market by Region
6.5 Global Packaging Market by Region
6.6 Global Others Market by Region
Chapter 7. Global Polycarbonate Sheets Market by Region
7.1 North America Polycarbonate Sheets Market
7.1.1 North America Polycarbonate Sheets Market by Type
7.1.1.1 North America Multiwall Market by Country
7.1.1.2 North America Solid Market by Country
7.1.1.3 North America Corrugated Market by Country
7.1.1.4 North America Others Market by Country
7.1.2 North America Polycarbonate Sheets Market by End-Use Industry
7.1.2.1 North America Electrical & Electronics Market by Country
7.1.2.2 North America Building & Construction Market by Country
7.1.2.3 North America Automotive & Transportation Market by Country
7.1.2.4 North America Aerospace & Defense Market by Country
7.1.2.5 North America Packaging Market by Country
7.1.2.6 North America Others Market by Country
7.1.3 North America Polycarbonate Sheets Market by Country
7.1.3.1 US Polycarbonate Sheets Market
7.1.3.1.1 US Polycarbonate Sheets Market by Type
7.1.3.1.2 US Polycarbonate Sheets Market by End-Use Industry
7.1.3.2 Canada Polycarbonate Sheets Market
7.1.3.2.1 Canada Polycarbonate Sheets Market by Type
7.1.3.2.2 Canada Polycarbonate Sheets Market by End-Use Industry
7.1.3.3 Mexico Polycarbonate Sheets Market
7.1.3.3.1 Mexico Polycarbonate Sheets Market by Type
7.1.3.3.2 Mexico Polycarbonate Sheets Market by End-Use Industry
7.1.3.4 Rest of North America Polycarbonate Sheets Market
7.1.3.4.1 Rest of North America Polycarbonate Sheets Market by Type
7.1.3.4.2 Rest of North America Polycarbonate Sheets Market by End-Use Industry
7.2 Europe Polycarbonate Sheets Market
7.2.1 Europe Polycarbonate Sheets Market by Type
7.2.1.1 Europe Multiwall Market by Country
7.2.1.2 Europe Solid Market by Country
7.2.1.3 Europe Corrugated Market by Country
7.2.1.4 Europe Others Market by Country
7.2.2 Europe Polycarbonate Sheets Market by End-Use Industry
7.2.2.1 Europe Electrical & Electronics Market by Country
7.2.2.2 Europe Building & Construction Market by Country
7.2.2.3 Europe Automotive & Transportation Market by Country
7.2.2.4 Europe Aerospace & Defense Market by Country
7.2.2.5 Europe Packaging Market by Country
7.2.2.6 Europe Others Market by Country
7.2.3 Europe Polycarbonate Sheets Market by Country
7.2.3.1 Germany Polycarbonate Sheets Market
7.2.3.1.1 Germany Polycarbonate Sheets Market by Type
7.2.3.1.2 Germany Polycarbonate Sheets Market by End-Use Industry
7.2.3.2 UK Polycarbonate Sheets Market
7.2.3.2.1 UK Polycarbonate Sheets Market by Type
7.2.3.2.2 UK Polycarbonate Sheets Market by End-Use Industry
7.2.3.3 France Polycarbonate Sheets Market
7.2.3.3.1 France Polycarbonate Sheets Market by Type
7.2.3.3.2 France Polycarbonate Sheets Market by End-Use Industry
7.2.3.4 Russia Polycarbonate Sheets Market
7.2.3.4.1 Russia Polycarbonate Sheets Market by Type
7.2.3.4.2 Russia Polycarbonate Sheets Market by End-Use Industry
7.2.3.5 Spain Polycarbonate Sheets Market
7.2.3.5.1 Spain Polycarbonate Sheets Market by Type
7.2.3.5.2 Spain Polycarbonate Sheets Market by End-Use Industry
7.2.3.6 Italy Polycarbonate Sheets Market
7.2.3.6.1 Italy Polycarbonate Sheets Market by Type
7.2.3.6.2 Italy Polycarbonate Sheets Market by End-Use Industry
7.2.3.7 Rest of Europe Polycarbonate Sheets Market
7.2.3.7.1 Rest of Europe Polycarbonate Sheets Market by Type
7.2.3.7.2 Rest of Europe Polycarbonate Sheets Market by End-Use Industry
7.3 Asia Pacific Polycarbonate Sheets Market
7.3.1 Asia Pacific Polycarbonate Sheets Market by Type
7.3.1.1 Asia Pacific Multiwall Market by Country
7.3.1.2 Asia Pacific Solid Market by Country
7.3.1.3 Asia Pacific Corrugated Market by Country
7.3.1.4 Asia Pacific Others Market by Country
7.3.2 Asia Pacific Polycarbonate Sheets Market by End-Use Industry
7.3.2.1 Asia Pacific Electrical & Electronics Market by Country
7.3.2.2 Asia Pacific Building & Construction Market by Country
7.3.2.3 Asia Pacific Automotive & Transportation Market by Country
7.3.2.4 Asia Pacific Aerospace & Defense Market by Country
7.3.2.5 Asia Pacific Packaging Market by Country
7.3.2.6 Asia Pacific Others Market by Country
7.3.3 Asia Pacific Polycarbonate Sheets Market by Country
7.3.3.1 China Polycarbonate Sheets Market
7.3.3.1.1 China Polycarbonate Sheets Market by Type
7.3.3.1.2 China Polycarbonate Sheets Market by End-Use Industry
7.3.3.2 Japan Polycarbonate Sheets Market
7.3.3.2.1 Japan Polycarbonate Sheets Market by Type
7.3.3.2.2 Japan Polycarbonate Sheets Market by End-Use Industry
7.3.3.3 India Polycarbonate Sheets Market
7.3.3.3.1 India Polycarbonate Sheets Market by Type
7.3.3.3.2 India Polycarbonate Sheets Market by End-Use Industry
7.3.3.4 South Korea Polycarbonate Sheets Market
7.3.3.4.1 South Korea Polycarbonate Sheets Market by Type
7.3.3.4.2 South Korea Polycarbonate Sheets Market by End-Use Industry
7.3.3.5 Singapore Polycarbonate Sheets Market
7.3.3.5.1 Singapore Polycarbonate Sheets Market by Type
7.3.3.5.2 Singapore Polycarbonate Sheets Market by End-Use Industry
7.3.3.6 Malaysia Polycarbonate Sheets Market
7.3.3.6.1 Malaysia Polycarbonate Sheets Market by Type
7.3.3.6.2 Malaysia Polycarbonate Sheets Market by End-Use Industry
7.3.3.7 Rest of Asia Pacific Polycarbonate Sheets Market
7.3.3.7.1 Rest of Asia Pacific Polycarbonate Sheets Market by Type
7.3.3.7.2 Rest of Asia Pacific Polycarbonate Sheets Market by End-Use Industry
7.4 LAMEA Polycarbonate Sheets Market
7.4.1 LAMEA Polycarbonate Sheets Market by Type
7.4.1.1 LAMEA Multiwall Market by Country
7.4.1.2 LAMEA Solid Market by Country
7.4.1.3 LAMEA Corrugated Market by Country
7.4.1.4 LAMEA Others Market by Country
7.4.2 LAMEA Polycarbonate Sheets Market by End-Use Industry
7.4.2.1 LAMEA Electrical & Electronics Market by Country
7.4.2.2 LAMEA Building & Construction Market by Country
7.4.2.3 LAMEA Automotive & Transportation Market by Country
7.4.2.4 LAMEA Aerospace & Defense Market by Country
7.4.2.5 LAMEA Packaging Market by Country
7.4.2.6 LAMEA Others Market by Country
7.4.3 LAMEA Polycarbonate Sheets Market by Country
7.4.3.1 Brazil Polycarbonate Sheets Market
7.4.3.1.1 Brazil Polycarbonate Sheets Market by Type
7.4.3.1.2 Brazil Polycarbonate Sheets Market by End-Use Industry
7.4.3.2 Argentina Polycarbonate Sheets Market
7.4.3.2.1 Argentina Polycarbonate Sheets Market by Type
7.4.3.2.2 Argentina Polycarbonate Sheets Market by End-Use Industry
7.4.3.3 UAE Polycarbonate Sheets Market
7.4.3.3.1 UAE Polycarbonate Sheets Market by Type
7.4.3.3.2 UAE Polycarbonate Sheets Market by End-Use Industry
7.4.3.4 Saudi Arabia Polycarbonate Sheets Market
7.4.3.4.1 Saudi Arabia Polycarbonate Sheets Market by Type
7.4.3.4.2 Saudi Arabia Polycarbonate Sheets Market by End-Use Industry
7.4.3.5 South Africa Polycarbonate Sheets Market
7.4.3.5.1 South Africa Polycarbonate Sheets Market by Type
7.4.3.5.2 South Africa Polycarbonate Sheets Market by End-Use Industry
7.4.3.6 Nigeria Polycarbonate Sheets Market
7.4.3.6.1 Nigeria Polycarbonate Sheets Market by Type
7.4.3.6.2 Nigeria Polycarbonate Sheets Market by End-Use Industry
7.4.3.7 Rest of LAMEA Polycarbonate Sheets Market
7.4.3.7.1 Rest of LAMEA Polycarbonate Sheets Market by Type
7.4.3.7.2 Rest of LAMEA Polycarbonate Sheets Market by End-Use Industry
Chapter 8. Company Profiles
8.1 Covestro AG
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.1.5.3 Geographical Expansions:
8.1.6 SWOT Analysis
8.2 Palram Industries Ltd.
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Acquisition and Mergers:
8.2.3 SWOT Analysis
8.3 SABIC (Saudi Arabian Oil Company)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.5.3 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 Teijin Limited
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Product Launches and Product Expansions:
8.4.6 SWOT Analysis
8.5 UVPLASTIC Material Technology Co., Ltd.
8.5.1 Company Overview
8.6 S Polytech Co Ltd.
8.6.1 Company Overview
8.7 Polyvalley Technology (Tianjin) Co., Ltd.
8.7.1 Company Overview
8.8 Jiaxing Innovo Industries Co., Ltd.
8.8.1 Company Overview
8.9 Exolon Group NV (Serafin Group)
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. Emco Industrial Plastics, Inc. (Newbury Franklin LLC)
8.10.1 Company Overview
Chapter 9. Winning imperatives of Polycarbonate Sheets Market

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