Market Size of Europe Polycarbonate Sheets Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 3.50 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Europe Polycarbonate Sheets Market Analysis
The European polycarbonate sheets market is expected to register a CAGR of over 3.5% in terms of revenue during the forecast period.
The market was negatively impacted by COVID-19 in 2020. Due to the pandemic, several countries in the region went into lockdown to curb the spreading of the virus. This affected various end-user industries such as construction, automotive, electrical, electronics, and the polycarbonate sheets market. However, the condition was expected to recover in 2021, willed to drive the market studied during the forecast period.
- Over the short term, the increasing popularity of polycarbonate sheets against conventional materials is expected to drive the market's growth. Conversely, volatility in raw material prices is expected to restrain the market.
- Emerging applications in the medical sector, as an alternative to PPSU and PSU sheets, and unique applications in automotive glazing and electrical and electronics are likely to act as opportunities in the future.
- Germany dominated the market across Europe due to the rising demand in the construction industry.
