Polycarbonate Films Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028
By 2028, the global market for Polycarbonate Films is expected to grow impressively due to increasing demand from the automobile sector. In 2021, a total of approximately 2.45 million metric tons of plastic films and sheets were produced in Japan.
Polycarbonate films are becoming increasingly popular due to their superior dielectric strength, reduced moisture absorption, and good dimensional stability. Furthermore, have a special combination of hardness, stiffness, and strength, making them suitable for medical packaging. It is simple to shape into complicated devices that find extensive usage in the medical sector. Additionally, with increasing healthcare and medical devices demand in North America and consumer electronics production in the Asia Pacific, the global polycarbonate films market is expected to rise in the forecast period.
Rising Demand From the Electronics and Automotive Industry
Due to the rising need for modern technology in automobiles, the automotive and electronics industries are more drawn to products with great printability, a broad range of color capabilities, anti-fog, flame retardant, light transmission, and impact resistance. The greatest materials for meeting industrial needs are polycarbonate films, which may be utilized to give products a more attractive and useful appearance. Polycarbonate is utilized in vehicles for the dashboard, display, and lighting designs. In addition, ordinary glass and other traditional elastomers are gradually being replaced in automobile applications with polycarbonate film. Additionally, growing vehicle electrification increases demand for the polycarbonate film market.
Polycarbonate films are highly desired in the electrical and electronic industries as they are one of the safest and most secure materials. A wide range of electrical accessories and hardware devices, including ID and security cards, graphic film products, reflecting panels, and LED/LCD windows, are also made from this. Due to these factors, the market is growing in the upcoming years.
Growing Adoption of Polycarbonate Films as an Alternative to Conventional Material
Due to its exceptional durability and tolerance to severe circumstances, particularly when compared to glass and metals, polycarbonate film has grown in popularity. Films made of polycarbonate are increasingly being used in place of common materials, including glass, metal, and wood. Films are becoming a more viable substitute for conventional materials due to their ease of availability and lower cost. Moreover, biomass-based polycarbonate film gets more preference as it is made from bio-BPA, boosting the polycarbonate films market.
High Demand as Multi-Walled Sheets
Multi-walled polycarbonate sheets offer great impact strength, good transparency, thermal insulation, UV resistance and are lightweight. Roofing applications, skylights, sidelights, signs and displays, ornamental walls, and greenhouses all use these sheets.
They are also commonly used in air conditioning and heating because they prevent the hot air exhausted from the servers from mingling with the air that has been conditioned, allowing the servers to run efficiently. Thus, the demand for polycarbonate multi-walled sheets will likely grow globally during the forecast period.
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