Market Trends of Asia-Pacific Building and Construction Sheets Industry
This section covers the major market trends shaping the APAC Building Construction Sheets Market according to our research experts:
Asia-Pacific to Hold a Major Share of the Building and Construction Sheets Market
From 2018 to 2021, Asia-Pacific was the region with the biggest share of the roofing market worldwide. By 2027, liquid roofing in Asia is expected to reach a value of 5.4 billion In building and construction sheets market, Asia Pacific had the most customers. Growing demand for construction activities as a result of rising population and increasing number of manufacturers is one of the primary factors driving the growth of the building and construction sheets market in this region. During the projection period, the Asia Pacific market is projected to be followed by the markets in North America and Europe.
Growing Demand for Polycarbonate Sheets
The applicability of polycarbonate sheets in various end-user industries is increasing due to their exceptional physical and chemical properties. Thermoplastic polymers are highly efficient and preferred in the automotive industry because of the growing demand for lightweight, high-performance, and recyclable materials for exterior and interior parts applications.
Governments of various emerging countries, such as China and India, are increasingly investing in infrastructure development, leading to a rise in construction activities in these countries. An increase in the number of construction projects has led to the growth in demand for roofing solutions in both residential and industrial construction sectors. Thus, the increase in demand for transparent roofing products from the building and construction industry is projected to drive the growth of the polycarbonate sheets market.
Polycarbonate sheet is the most favored material in the production of optical discs, such as CDs, DVDs, and Blu-ray discs. Urbanization and the growing demand for better home video entertainment, especially in developing countries with slower internet speed, have led to higher consumption of content through Blu-ray discs. The demand for optical media-grade polycarbonate sheets has also increased in these countries.
