Increasing demand for Flame Retardant Polycarbonate Films in engineering plastic segment coupled with high investment in RD of Flame Retardant Polycarbonate Films is fueling the market growth.
Flame Retardant Polycarbonate Films Market Size – USD 1.34 Billion in 2018, Growth - CAGR of 5.7%, Trends – Increase in demand for Flame Retardant Polycarbonate Films in the E-Commerce segment.
The Global Flame Retardant Polycarbonate Films Market is forecast to reach USD 2.11 Billion by 2026, according to a new report by Reports and Data. The Flame Retardant Polycarbonate Films market is rising rapidly in the global market due to high demand in transparent impact-resistant materials in the worldwide market and the proliferation of the recyclable plastics globally. The Flame Retardant Polycarbonate Films are used in a variety of applications in order to add to the protection and high impact on the end-use applications.
Electronic Gadgets has the most adoption rate of the Flame Retardant Polycarbonate Films because of its flexibility, high strength, thermal insulation, transparency, and natural UV filter, which no other materials can offer. Electronic gadgets are increasing its pace with the fastest growth rate of 7.1% throughout the forecast period and had the highest market share of 21.3% in the year 2018.
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Top Lading Players: Teijin Limited, 3M Company, Suzhou Omay Optical Materials, Macdermid Autotype, Excelite, Wiman Corporation, Sichuan Longhua Film, Covestro AG, DuPont, Evonik Industries AG.
Flame Retardant Polycarbonate Films Market Development:
The Flame Retardant Polycarbonate Films market is experiencing significant development due to the growing demand for Flame Retardant Polycarbonate Films in various end-use industries. Flame Retardant Polycarbonate Films are high-performance plastic films that offer excellent durability, transparency, and heat resistance. They are used in various applications such as automotive, electronics, packaging, medical, and construction.
The automotive industry is a significant consumer of Flame Retardant Polycarbonate Films due to their lightweight, high impact resistance, and optical clarity properties. Flame Retardant Polycarbonate Films are used in various automotive applications such as instrument panels, sun visors, headlamp lenses, and rear light covers. Moreover, the increasing demand for electric vehicles is expected to drive the demand for Flame Retardant Polycarbonate Films in the automotive industry further.
The electronics industry is also a major consumer of Flame Retardant Polycarbonate Films due to their excellent electrical properties and high transparency. Flame Retardant Polycarbonate Films are used in various electronic applications such as LCD displays, touchscreens, and printed circuit boards.
The packaging industry is also driving the growth of the Flame Retardant Polycarbonate Films market due to the increasing demand for lightweight, durable, and transparent packaging materials. Flame Retardant Polycarbonate Films are used in various packaging applications such as food packaging, medical packaging, and blister packaging.
Some Key Highlights from the Report:
- Optometry segment had a market share of 13.9% in the year 2018 and growing at a rate of 4.3% by 2026. Flame Retardant Polycarbonate Films are used as the protective layer in the eyeglasses, which deflects the UV rays and keeps the eye cool. The high-end sunglasses are made of Flame Retardant Polycarbonate Films with the tinted and mirrored type of Flame Retardant Polycarbonate Films which can reflect the UV rays even close to 99 percent and also unbreakable up to a certain extent. Also, the bodies of the glasses can be of Flame Retardant Polycarbonate Films to add to more durability.
- Tinted Flame Retardant Polycarbonate Films are used to provide anti-reflection coating in different applications. The tinted coat also makes it near to invisible from the other side of the user if used in sunglasses or car windows. Tinted polycarbonate will have a revenue of USD 0.28 Billion in 2026.
- Bulletproof Flame Retardant Polycarbonate Films segment is growing with a CAGR of 4.7% by 2026. Flame Retardant Polycarbonate Films are high impact resistant, which is even capable of resisting violent blows. The bulletproof Flame Retardant Polycarbonate Films are used in banks, museums, jewelers, and bulletproof cars, among others.
Segments covered in the report:
End Users Channel Outlook (Revenue, USD Billion; 2016-2026)
- Construction Industries
- Electrical Components
- Electronic Gadgets
- Transportation Automotive Sectors
- Packaging Industries
- Optometry
- Medical Instruments
- Others
- Total
Type of Polycarbonate Outlook (Revenue, USD Billion; 2016-2026)
- Transparent
- Tinted
- Mirrored
- Bulletproof
- Abrasion-Resistant
- Fire Retardant
- Food Graded
- Multiwall
- Others
Type of Plastic Outlook (Revenue, USD Billion; 2016-2026)
- Commodity Plastic
- Engineering Plastic
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Regional Outlook:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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