According to the latest industry data, the Chinese PC film sheet market will show the following development trends in the coming years:

Market size and growth rate

The total volume continues to expand

The overall market size of PC plastics in China is expected to exceed 60 billion yuan by 2025, with a compound annual growth rate of 8% to 10%. Among them, film sheets are the core application area (accounting for 22% of the downstream consumption structure of PC), and the growth rate will be higher than the industry average.

The segmented market for scratch resistant PC film is expected to experience a year-on-year growth rate of over XX% in 2025 due to the surge in demand for smartphones and new energy vehicles (specific values are not disclosed in the encrypted report).

Optimization of supply and demand structure

Capacity growth rate slows down: It is expected to add 1.51 million tons/year of new capacity from 2025 to 2029, with a compound annual growth rate of 7.46% (a decrease of 13.57 percentage points from the past five years).

By 2029, it may become a net exporter: the import volume continues to decrease (a year-on-year decrease of 14.8% in 2024), while the export volume rapidly increases (a year-on-year increase of 34.6% in 2024), and the supply-demand gap is accelerating to narrow.

Gap in high-end products

Structural shortage persists: there is overcapacity in the production of general grade PC films, but the self-sufficiency rate of functional films such as optical grade and UV resistant films is insufficient. High end fields such as medical devices and 5G antenna covers still rely on imports.

Technological upgrading and industrial transformation

Accelerated process innovation

Non phosgene method popularization: environmentally friendly processes reduce production costs and promote the localization process of optical grade PC films.

Breakthrough in modification technology: Nanoreinforcement, antibacterial coatings, etc. enhance product performance to meet automotive grade weather resistance requirements.

The Rise of Circular Economy

Industrialization of recycled PC film: Driven by policies, the commercialization process of bio based materials and recycling processes is accelerating, and the application rate of recycling technology is expected to increase by 40% by 2025.

Risks and Challenges

Raw material fluctuation pressure: The price fluctuations of upstream raw materials such as bisphenol A exacerbate the difficulty of cost control for enterprises.

Alternative material competition: PMMA and special engineering plastics pose a substitution threat in some fields, such as lighting light guide plates.

Regional production capacity imbalance: 87% of production capacity is concentrated in the East China region, and insufficient supporting facilities in the central and western regions constrain the synergy of the industrial chain.

Summary

In the next five years, the Chinese PC film sheet market will present a three-dimensional pattern of "total volume expansion, high-end shortage, and export acceleration". Technological upgrading and green transformation will become the key to breaking through the situation, and the electronic and new energy vehicle fields will contribute core growth momentum.