What is Acrylic Sheet Market?
Acrylic is a transparent plastic material with outstanding strength, stiffness, and optical clarity. In today’s time, it has been becoming more popular for various applications from interior and furniture to the automotive and transportation industry. Acrylic offers high strength, is lightweight, and less expensive compared to glass. Acrylic sheet is easy to fabricate, bonds well with adhesives and solvents, and is easy to thermoform. Other than this acrylic sheets are also used in lenses, acrylic nails, paint, security barriers, medical devices, and many more.
The market study is being classified by Type (Cast Acrylic Sheet and Extruded Acrylic Sheet), by Application (Automotive and Transport, Building and Construction, Light and Signage and Other) and major geographies with country level break-up.
Polycasa (Schweiter Technologies) (Switzerland), Evonik Industries (Germany), Unigel S.A. (Brazil), Mitsubishi Chemical (Japan), Asia Poly (Malaysia), Altuglas (Arkema) (France), Taixing Donchamp (China), Elastin International Corp. (Taiwan), Plaskolite (United States), Jumei Acrylic (China) and Raychung Acrylic (Taiwan) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Analyst at AMA have segmented the market study of Global Acrylic Sheet market by Type, Application and Region.
On the basis of geography, the market of Acrylic Sheet has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Use of Acrylic for Infrastructural and Automotive Application Due to Less Expensiveness and Durability Compared to Glass
- Increasing Infrastructural Developments and Demand for Luxurious Buildings
- Increasing Investment to Develop Innovative Acrylic and New Products for Business Expansion
- Acrylics are More Liable to scratching than glass and Not Heat-resistant
- Growing Popularity of Acrylic for Home Use in Various Applications
- Manufacturing Process of Acrylic Products Release Highly Toxic Fumes and Difficulties in Recycling
Market Leaders and some development strategies
In March 2018, Plaskolite, LLC, a leading manufacturer of acrylic sheet products acquired the polycarbonate sheet manufacturing business of Covestro to strengthen its position in the market. With this acquisition, Plaskolite will be the only manufacturer ever to offer a complete clear sheet product portfolio, including Acrylic, Polycarbonate, PETG, and ABS.
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Acrylic Sheet Manufacturers, Suppliers and Distributors of Acrylic Sheet, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the Acrylic Sheet Market?
"Use of Acrylic for Infrastructural and Automotive Application Due to Less Expensiveness and Durability Compared to Glass
" is seen as one of major growth factors of Acrylic Sheet Market in years to come.
2. Can we have customized study for Acrylic Sheet Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. Which region will lead the Global Acrylic Sheet Market?
will lead Acrylic Sheet Market in coming years.