Polycarbonate Films Market Size To Reach $2.81 Billion By 2030

Polycarbonate Films Market Growth & Trends

The global polycarbonate films market size is anticipated to reach USD 2.81 billion by 2030, registering a CAGR of 7.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The use of glass-like materials in advanced manufacturing applications is driving the market. Industries such as automotive and electronics are increasingly using polycarbonate films due to their properties such as impact resistance, optical clarity and high heat resistance, leading to growth opportunities in these sectors.

Due to their high impact resistance and excellent barrier properties, polycarbonate films are preferred in the packaging industry. As demand for packaged food and beverages continues to grow, the use of polycarbonate films in packaging applications is expected to increase. Furthermore, the increasing focus on sustainability and environmental concerns is resulting in a growing trend towards using eco-friendly materials in packaging. Polycarbonate films are recyclable and offer a sustainable packaging solution, driving their adoption across various industries.

The market players are focusing on various strategic initiatives such as mergers, acquisitions, and collaborations. For instance, in June 2023, Röhm finalized the Sale and Purchase Agreement (SPA) to acquire SABIC's polycarbonate-based films and sheet business unit Functional Forms. The acquisition aims to enhance Röhm's position in the market by offering a comprehensive range of products under the PLEXIGLAS/ACRYLITE and LEXAN brands, providing customers with technical expertise and application support.

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Polycarbonate Films Market Report Highlights

• Based on type, the clear segment dominated the market the market with a revenue share of over 63.0% in 2023. This can be attributed to its increased applications in automobile sector

• Based on grade, the flame retardant segment accounted for the largest revenue share in 2023, owing to the increasing concerns for fire safety

• Based on end-use, the automotive segment is expected to witness a rapid growth over the forecast period, due to polycarbonate film features such as lightweight, optical clarity and impact resistance

• Asia Pacific dominated the market due to growing industrial, textile, automotive, and construction industry especially in Thailand, Philippines, Bangladesh, India, Indonesia, and Vietnam

Polycarbonate Films Market Segmentation

Grand View Research has segmented the global polycarbonate films market based on type, grade, end-use, and region:

Polycarbonate Films Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Clear

• Coloured/Tinted

Polycarbonate Films Grade Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Anti-static

• Mirrored

• Abrassion Resistant

• Flame Retardant

• Weatherable

Polycarbonate Films End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Automotive

• Building & Construction

• Consumer Products

• Electrical & Electronics

• Medical

• Packaging

• Others

Polycarbonate Films Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • France

  • U.K.

  • Italy

• Asia Pacific

  • China

  • Japan

  • India

  • Australia

• Central & South America

  • Brazil

• Middle East & Africa

  • Saudi Arabia

List of Key Players in Polycarbonate Films Market

• 3M Company

• Covestro

• Excelite

• Gallina India

• I??k Plastik

• Koscon Industrial S.A

• MGC Filsheet co. Ltd

• Mitsubishi Chemical Corporation

• Mitsubishi Gas Chemical Company

• Palram Industries Ltd.

• Rowland Technologies, Inc

• SABIC

• Suzhou Omay Optical Materials

• Teijin Limited

• Tüm haklar? sakl?d?r

• Wiman Corporation