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Optical polycarbonate films market demand was valued at over USD 700 million in 2017 and is expected to grow over the predicted timeframe. These products are used in household appliances, automotive interiors and consumer electronics pertaining to their optical clarity, impact resistance and low haze factors. Moreover, superior properties such as resistant to sunlight, rain, heat and snow makes them preferable for building greenhouse with a longer shelf-life without fading or discolouring and cost-effectiveness of these films is likely to facilitate product demand in various countries.
Optical PC films market size from automotive applications may register gains close to 7% up to 2024. These blends provide automotive engineers and designers with high performing thermoplastics, lightweight, and fuel efficient thereby reducing the overall vehicle weight.
Weatherable polycarbonate films market demand may register gains close to 6.5% over the forecast period. Growing demand for signages, warning labels, outdoor menu boards and automotive may foster PC films market. These products give numerous benefits including extreme durability, printability, abrasion and chemical resistance compared to other products.
Signage and display windows applications may witness significant gains over the foreseeable timeframe. Increasing demand for digital promotions of products & services to grab consumer attention, which shows ample growth potential for PC films market.
North America driven by Mexico, Canada and the U.S. polycarbonate films may register significant growth over 6.5% up to 2024. Growing healthcare sector with rapid technology advancement and clinical trials is likely to stimulate product demand. Companies are focusing towards investment to serve various end-use application sectors accompanied with implementation of innovative technologies & techniques are the key attributes favouring regional growth demand.
Asia Pacific led by South Korea, Japan, India and China polycarbonate films market demand may surpass USD 890 million by 2024. Increasing product adaptability in automotive, electronics, and construction sectors along with continuous expansion & new product development by various companies may stimulate industry growth in the region. Rapid urbanization with growing population which has led the need for automotive and consumer electronics demand in China may contribute towards product demand.
Europe driven by UK, France, Spain, and Germany polycarbonate films market demand should register significant gains at around 6% over the predicted timeframe. Increasing demand for recyclable products and reutilization are the key factors to boost the industry. Growing automotive production along with increasing passenger car demand may accelerate the regional growth. These are durable and provide optical defects to replace the heavy metals in automotive industry and generate opportunities for manufacturers to find huge profit in the region.