APAC Market Forecast
Polycarbonate Sheets market in Asia Pacific is predicted to account for the largest share of 31% by 2037 impelled by the rising investment in polycarbonate production projects by major key players. For instance, it was found that a major player Covestro AG invested in the production of more sustainable polycarbonates in the Asia Pacific. The delivery capability of recycled polycarbonates of the company’s first dedicated mechanical recycling production line in Shanghai is anticipated to be more than 60,000 tons per year annually by 2026.
North American Market Statistics
The North America polycarbonate sheets market is estimated to hold the second largest, during the forecast timeframe led by rising urbanization. This has led to an increase in infrastructure development in the region which may increase demand for polycarbonate sheets as they are used for several applications in construction projects. According to estimates, in 2021, the United States' urbanization rate was over 0.24%.
Author Credits: Rajrani Baghel
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