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Showing posts with the label Polycarbonate Sheet Market

Phenomenal Growth of Polycarbonate Sheet Market from Demand and Supply

Multinationals are constantly improvising their product portfolio to meet the existing requirements in sectors such as building and construction, automotive, packaging, and others. This factor is projected to boost the global market growth in the forthcoming years. The Global Polycarbonate Sheet Market size is expected to reach USD 4.91 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 4.5% over the forecast period. Growing consumer awareness regarding usage of environment-friendly polycarbonate sheets and plastic waste disposal, in compliance with the governmental regulations, is fostering demand for eco-friendly products. Usage of eco-friendly products leads to lower emissions thereby ensuring minimal environment degradation. Companies such as SABIC are integrated along the value chain from raw materials to finished goods production. This enables the company to reduce raw material procurement cost and supply thei...