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The Business Research Company’ s Polycarbonate Sheets Global Market Report 2022 – Market Size, Trends, And Forecast 2022-2026

2022-05-27 Page view : 21 views

LONDON, GREATER LONDON, UK, May 26, 2022 / — According to ‘Polycarbonate Sheets Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the polycarbonate sheets market size is expected to grow from $2.35 billion in 2021 to $2.49 billion in 2022 at a compound annual growth rate (CAGR) of 5.88%. The growth in the market is mainly due to the companies’ resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global polycarbonate sheet market size is expected to reach $3.04 billion in 2026 at a CAGR of 5.13%. Increasing demand from building and construction is contributing to the polycarbonate sheets market growth.

The global polycarbonate sheet market consists of sales of polycarbonate sheets by entities (organizations, sole traders, and partnerships) that are used for applications requiring transparency and high impact resistance. Polycarbonate sheet refers to a thermoplastic that comes in a transparent sheet. It is tough and absorbs minimal moisture, making it resistant to impact damage and water damage. It is flame-retardant and chemically resistant. Polycarbonates are being manufactured by condensation polymerization of bisphenol A and phosgene.

Global Polycarbonate Sheets Market Trends

Technological advancement is a key trend gaining popularity in the polycarbonate sheet market. The rapid advancement of polycarbonate sheet manufacturing technologies has significantly enhanced the efficiency and output of sustainable material solutions.

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