Flame retardants polycarbonate films market demand from electrical & electronics applications may surpass consumption at 35 kilo tons by 2024. Increase in demand for electronics accessories and hardware appliances may boost the overall Polycarbonate films market growth.
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China weatherable polycarbonate films market demand may witness significant gains at over 8.5% during the forecast timeframe. China consumer electronics industry accounted for about 25% of the total market demand in 2017 due to increasing tablets, cell phones and LCD demand. Changing macroeconomics such as rising disposable income, education attainments and expanding population are the key factors for the growth of electronics market, which in turn drives the market growth.
Polycarbonate Films Market size is set to surpass USD 2.4 billion globally by 2024. Growing consumer demand for automotive sector to produce light weight cars and provide durability may drive polycarbonate films market demand. High strength, abrasion resistant and optical clarity characteristics may cater to electronics, construction and medical industries, thus propelling the industry growth during the forecast period.
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Germany polycarbonate films market demand is anticipated to surpass USD 130 million by 2024. Rising automotive production and favorable regulations are the major attributes for the growth of PC films market. Increasing technological advancement and strong focus towards R&D spending for high quality films has led to induce more product innovations and replace heavy materials such as metals and glass, thus driving the industry demand.
Japan optical blend polycarbonate films market demand from household appliances may witness growth rate at around 8% from 2018-2024. They offer excellent resistance to abusive chemicals & cleaners, abrasion resistance, and pencil hardness which can be included in switch overlays & labels for household appliances. Standards set by government bodies along with developing new & innovative products and improving the current product portfolio in order to improve sustainability and reduce cost may favor polycarbonate films market growth in the country.
Browse key industry insights spread across 290 pages with 360 market data tables and 28 figures & charts from the report, “Polycarbonate Films Market Size By Product (Optical {Electrical & Electronics, Household Appliances, Automotive}, Flame Retardant {Electrical & Electronics, Construction, Textile Adhesives & Coating, Automotive}, Weatherable {Electrical & Electronics, Automotive, Signages & Display Windows}, Others {Electrical & Electronics, Automotive, Construction, Medical}), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, Poland, China, India, Japan, South Korea, Australia, Malaysia, Thailand, Brazil, Saudi Arabia, UAE, South Africa), Application Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/polycarbonate-films-market
Industrial scale of manufacturing PC films is a high investment cost procedure owing to environmental factors, catalyst requirement and high processing temperature. Polyethylene terephthalate (PETG) is a substitute product with 70% impact strength and is cost-effective making it suitable for display units, factory machine guards, and impact resistant glazing.
Flame retardants polycarbonate films market demand from electrical & electronics applications may surpass consumption at 35 kilo tons by 2024. Increase in demand for electronics accessories and hardware appliances may boost the overall PC films market growth. The light-weight and high impact properties make them a promising material to be used for construction sensor parts, cell phones, connectors, switching relays and CD’s. Stringent government norms for using heavy materials like glass and metals in various industries may enhance the overall product demand.
Macdermid, Excelite, Wiman and GOEX are key industrial participants in polycarbonate films market. Strong R&D spending to cut down manufacturing cost and to fulfill various environmental regulations may enhance the product portfolio thereby stimulating the industry growth.
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Polycarbonate Films market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in Tons and revenue in USD from 2013 to 2024, for the following segments:
Polycarbonate Films Market, By Product
• Optical PC films
• By Application
• Electrical & Electronics
• Household appliances
• Automotive
• Others
• Flame Retardant PC films
• By Application
• Electrical & Electronics
• Construction
• Textile Adhesives & Coating
• Automotive
• Weatherable PC films
• By Application
• Electrical & Electronics
• Automotive
• Signages & Display Windows
• Others
• By Application
• Construction
• Electrical & Electronics
• Automotive
• Medical
Browse Full Table of Contents (TOC) @ https://www.gminsights.com/toc/detail/polycarbonate-films-market
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Source URL: https://marketersmedia.com/asia-pacific-polycarbonate-films-market-demand-to-hit-890-million-by-2024/478109
Source: MarketersMedia
Release ID: 478109
