PUBLISHER: Allied Market Research | PRODUCT CODE: 1566789
PUBLISHER: Allied Market Research | PRODUCT CODE: 1566789
Acrylic Sheet Market By Type , By Application : Global Opportunity Analysis and Industry Forecast, 2024-2031
Acrylic Sheet Market
The acrylic sheet market was valued at $4.0 billion in 2023 and is projected to reach $6.2 billion by 2031, growing at a CAGR of 5.9% from 2024 to 2031.
Acrylic sheet is a thermoplastic material transparent in appearance and an excellent alternative to glass. The material is further known by other names, including plexiglass and acrylic glass. The lightweight nature and resistance to shatter & scratches make acrylic sheet an affordable substitute in applications where strength is not pivotal. The sheet remains suitable for outdoor applications due to its ability to withstand harsh temperatures and UV rays. The easy fabrication attribute of the sheet allows for customization into desired or intricate shapes and sizes.
Increase in construction activities and architectural remodeling is a major driver of the acrylic sheet market. In addition, the sheet experiences a high demand from the automotive sector for installation in taillights, headlights, and interior trim. Furthermore, the sheets are being used as an excellent substitute for PVC plastics due to their recyclability and low environmental impact, hence augmenting the development of the market. Currently, innovation in the manufacturing of acrylic sheets is trending as it is elevating their applicability across diverse industries. The administration of nano-coatings and surface treatments is gaining prominence as it enhances the attributes of the sheets such as self-cleaning, anti-reflective properties, and anti-fogging capabilities. These characteristics are boosting the utility of the sheets in marine and healthcare sectors.
However, fluctuations in the prices of oil hamper market growth as the sheet is constructed from petroleum-based raw materials. Moreover, the usage of petroleum-based materials limits the expansion of the market as environmentally conscious segment of consumers deter from the usage of acrylic sheets. On the contrary, the integration of technology into acrylic sheets is anticipated to open new avenues for the market. Smart coatings and sensor integration into the sheets are acquiring traction to provide functionalities such as glare reduction and temperature adjustment. These ingenious attributes are projected to be highly beneficial for the aerospace and automotive industries. According to Acrylic Sheets India, an acrylic products manufacturer, the annual production of acrylic is expected to increase at the rate of 5% in the coming future.
Segment Review
The acrylic sheet market is segmented into type, application, and region. On the basis of type, the market is divided into extruded acrylic sheet, cell cast acrylic sheet, and continuous cast acrylic sheet. As per application, it is classified into construction & architecture, healthcare & medical, automotive & transportation, food & beverages, electrical & electronics, sanitary ware, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Findings
On the basis of type, the cell cast acrylic sheet segment held the highest market share in 2023.
As per application, the construction & architecture segment acquired a high stake in the market in 2023.
Region wise, Asia-Pacific was the highest revenue generator in 2023.
Competition Analysis
The major players operating in the global acrylic sheet market include Aristech Surfaces LLC., Evonik Industries AG, 3A Composites GmbH, Piedmont Plastics Inc, Elastin International Corp., Asia Poly Holdings Berhad., Ray Chung Acrylic Enterprise Co., Ltd., Plaskolite Inc, Sun Acrylam Private Limited, and PT Margacipta Wirasentosa. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, to strengthen their foothold in the competitive market.
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- Manufacturing Capacity
- Investment Opportunities
- Product Life Cycles
- Supply Chain Analysis & Vendor Margins
- Upcoming/New Entrant by Regions
- Technology Trend Analysis
- New Product Development/ Product Matrix of Key Players
- Regulatory Guidelines
- Strategic Recommendations
- Additional company profiles with specific to client's interest
- Additional country or region analysis- market size and forecast
- Average Selling Price Analysis / Price Point Analysis
- Brands Share Analysis
- Expanded list for Company Profiles
- Historic market data
- Key player details (including location, contact details, supplier/vendor network etc. in excel format)
- List of customers/consumers/raw material suppliers- value chain analysis
- Per Capita Consumption Trends
- Product Consumption Analysis
- SWOT Analysis
- Volume Market Size and Forecast
Key Market Segments
By Type
- Extruded Acrylic Sheet
- Cell Cast Acrylic Sheet
- Continuous Cast Acrylic Sheet
By Application
- Construction and Architecture
- Healthcare and Medical
- Automotive and Transportation
- Food and Beverages
- Electrical and Electronics
- Sanitary Ware
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of LAMEA
Key Market Players:
- Aristech Surfaces LLC.
- Evonik Industries AG
- 3A Composites GmbH
- Piedmont Plastics Inc
- Elastin International Corp.
- Asia Poly Holdings Berhad.
- Ray Chung Acrylic Enterprise Co., Ltd.
- Plaskolite Inc
- Sun Acrylam Private Limited
- PT Margacipta Wirasentosa
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report Description
- 1.2. Key Market Segments
- 1.3. Key Benefits
- 1.4. Research Methodology
- 1.4.1. Primary Research
- 1.4.2. Secondary Research
- 1.4.3. Analyst Tools and Models
CHAPTER 2: EXECUTIVE SUMMARY
- 2.1. CXO Perspective
CHAPTER 3: MARKET LANDSCAPE
- 3.1. Market Definition and Scope
- 3.2. Key Findings
- 3.2.1. Top Investment Pockets
- 3.2.2. Top Winning Strategies
- 3.3. Porter's Five Forces Analysis
- 3.3.1. Bargaining Power of Suppliers
- 3.3.2. Threat of New Entrants
- 3.3.3. Threat of Substitutes
- 3.3.4. Competitive Rivalry
- 3.3.5. Bargaining Power among Buyers
- 3.4. Market Dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities
CHAPTER 4: ACRYLIC SHEET MARKET, BY TYPE
- 4.1. Market Overview
- 4.1.1 Market Size and Forecast, By Type
- 4.2. Extruded Acrylic Sheet
- 4.2.1. Key Market Trends, Growth Factors and Opportunities
- 4.2.2. Market Size and Forecast, By Region
- 4.2.3. Market Share Analysis, By Country
- 4.3. Cell Cast Acrylic Sheet
- 4.3.1. Key Market Trends, Growth Factors and Opportunities
- 4.3.2. Market Size and Forecast, By Region
- 4.3.3. Market Share Analysis, By Country
- 4.4. Continuous Cast Acrylic Sheet
- 4.4.1. Key Market Trends, Growth Factors and Opportunities
- 4.4.2. Market Size and Forecast, By Region
- 4.4.3. Market Share Analysis, By Country
CHAPTER 5: ACRYLIC SHEET MARKET, BY APPLICATION
- 5.1. Market Overview
- 5.1.1 Market Size and Forecast, By Application
- 5.2. Construction And Architecture
- 5.2.1. Key Market Trends, Growth Factors and Opportunities
- 5.2.2. Market Size and Forecast, By Region
- 5.2.3. Market Share Analysis, By Country
- 5.3. Healthcare And Medical
- 5.3.1. Key Market Trends, Growth Factors and Opportunities
- 5.3.2. Market Size and Forecast, By Region
- 5.3.3. Market Share Analysis, By Country
- 5.4. Automotive And Transportation
- 5.4.1. Key Market Trends, Growth Factors and Opportunities
- 5.4.2. Market Size and Forecast, By Region
- 5.4.3. Market Share Analysis, By Country
- 5.5. Food And Beverages
- 5.5.1. Key Market Trends, Growth Factors and Opportunities
- 5.5.2. Market Size and Forecast, By Region
- 5.5.3. Market Share Analysis, By Country
- 5.6. Electrical And Electronics
- 5.6.1. Key Market Trends, Growth Factors and Opportunities
- 5.6.2. Market Size and Forecast, By Region
- 5.6.3. Market Share Analysis, By Country
- 5.7. Sanitary Ware
- 5.7.1. Key Market Trends, Growth Factors and Opportunities
- 5.7.2. Market Size and Forecast, By Region
- 5.7.3. Market Share Analysis, By Country
- 5.8. Others
- 5.8.1. Key Market Trends, Growth Factors and Opportunities
- 5.8.2. Market Size and Forecast, By Region
- 5.8.3. Market Share Analysis, By Country
CHAPTER 6: ACRYLIC SHEET MARKET, BY REGION
- 6.1. Market Overview
- 6.1.1 Market Size and Forecast, By Region
- 6.2. North America
- 6.2.1. Key Market Trends and Opportunities
- 6.2.2. Market Size and Forecast, By Type
- 6.2.3. Market Size and Forecast, By Application
- 6.2.4. Market Size and Forecast, By Country
- 6.2.5. U.S. Acrylic Sheet Market
- 6.2.5.1. Market Size and Forecast, By Type
- 6.2.5.2. Market Size and Forecast, By Application
- 6.2.6. Canada Acrylic Sheet Market
- 6.2.6.1. Market Size and Forecast, By Type
- 6.2.6.2. Market Size and Forecast, By Application
- 6.2.7. Mexico Acrylic Sheet Market
- 6.2.7.1. Market Size and Forecast, By Type
- 6.2.7.2. Market Size and Forecast, By Application
- 6.3. Europe
- 6.3.1. Key Market Trends and Opportunities
- 6.3.2. Market Size and Forecast, By Type
- 6.3.3. Market Size and Forecast, By Application
- 6.3.4. Market Size and Forecast, By Country
- 6.3.5. France Acrylic Sheet Market
- 6.3.5.1. Market Size and Forecast, By Type
- 6.3.5.2. Market Size and Forecast, By Application
- 6.3.6. Germany Acrylic Sheet Market
- 6.3.6.1. Market Size and Forecast, By Type
- 6.3.6.2. Market Size and Forecast, By Application
- 6.3.7. Italy Acrylic Sheet Market
- 6.3.7.1. Market Size and Forecast, By Type
- 6.3.7.2. Market Size and Forecast, By Application
- 6.3.8. Spain Acrylic Sheet Market
- 6.3.8.1. Market Size and Forecast, By Type
- 6.3.8.2. Market Size and Forecast, By Application
- 6.3.9. UK Acrylic Sheet Market
- 6.3.9.1. Market Size and Forecast, By Type
- 6.3.9.2. Market Size and Forecast, By Application
- 6.3.10. Rest of Europe Acrylic Sheet Market
- 6.3.10.1. Market Size and Forecast, By Type
- 6.3.10.2. Market Size and Forecast, By Application
- 6.4. Asia-Pacific
- 6.4.1. Key Market Trends and Opportunities
- 6.4.2. Market Size and Forecast, By Type
- 6.4.3. Market Size and Forecast, By Application
- 6.4.4. Market Size and Forecast, By Country
- 6.4.5. China Acrylic Sheet Market
- 6.4.5.1. Market Size and Forecast, By Type
- 6.4.5.2. Market Size and Forecast, By Application
- 6.4.6. Japan Acrylic Sheet Market
- 6.4.6.1. Market Size and Forecast, By Type
- 6.4.6.2. Market Size and Forecast, By Application
- 6.4.7. India Acrylic Sheet Market
- 6.4.7.1. Market Size and Forecast, By Type
- 6.4.7.2. Market Size and Forecast, By Application
- 6.4.8. South Korea Acrylic Sheet Market
- 6.4.8.1. Market Size and Forecast, By Type
- 6.4.8.2. Market Size and Forecast, By Application
- 6.4.9. Australia Acrylic Sheet Market
- 6.4.9.1. Market Size and Forecast, By Type
- 6.4.9.2. Market Size and Forecast, By Application
- 6.4.10. Rest of Asia-Pacific Acrylic Sheet Market
- 6.4.10.1. Market Size and Forecast, By Type
- 6.4.10.2. Market Size and Forecast, By Application
- 6.5. LAMEA
- 6.5.1. Key Market Trends and Opportunities
- 6.5.2. Market Size and Forecast, By Type
- 6.5.3. Market Size and Forecast, By Application
- 6.5.4. Market Size and Forecast, By Country
- 6.5.5. Brazil Acrylic Sheet Market
- 6.5.5.1. Market Size and Forecast, By Type
- 6.5.5.2. Market Size and Forecast, By Application
- 6.5.6. South Africa Acrylic Sheet Market
- 6.5.6.1. Market Size and Forecast, By Type
- 6.5.6.2. Market Size and Forecast, By Application
- 6.5.7. Saudi Arabia Acrylic Sheet Market
- 6.5.7.1. Market Size and Forecast, By Type
- 6.5.7.2. Market Size and Forecast, By Application
- 6.5.8. UAE Acrylic Sheet Market
- 6.5.8.1. Market Size and Forecast, By Type
- 6.5.8.2. Market Size and Forecast, By Application
- 6.5.9. Rest of LAMEA Acrylic Sheet Market
- 6.5.9.1. Market Size and Forecast, By Type
- 6.5.9.2. Market Size and Forecast, By Application
CHAPTER 7: COMPETITIVE LANDSCAPE
- 7.1. Introduction
- 7.2. Top Winning Strategies
- 7.3. Product Mapping of Top 10 Player
- 7.4. Competitive Dashboard
- 7.5. Competitive Heatmap
- 7.6. Top Player Positioning, 2023
CHAPTER 8: COMPANY PROFILES
- 8.1. Aristech Surfaces LLC.
- 8.1.1. Company Overview
- 8.1.2. Key Executives
- 8.1.3. Company Snapshot
- 8.1.4. Operating Business Segments
- 8.1.5. Product Portfolio
- 8.1.6. Business Performance
- 8.1.7. Key Strategic Moves and Developments
- 8.2. Evonik Industries AG
- 8.2.1. Company Overview
- 8.2.2. Key Executives
- 8.2.3. Company Snapshot
- 8.2.4. Operating Business Segments
- 8.2.5. Product Portfolio
- 8.2.6. Business Performance
- 8.2.7. Key Strategic Moves and Developments
- 8.3. 3A Composites GmbH
- 8.3.1. Company Overview
- 8.3.2. Key Executives
- 8.3.3. Company Snapshot
- 8.3.4. Operating Business Segments
- 8.3.5. Product Portfolio
- 8.3.6. Business Performance
- 8.3.7. Key Strategic Moves and Developments
- 8.4. Piedmont Plastics Inc
- 8.4.1. Company Overview
- 8.4.2. Key Executives
- 8.4.3. Company Snapshot
- 8.4.4. Operating Business Segments
- 8.4.5. Product Portfolio
- 8.4.6. Business Performance
- 8.4.7. Key Strategic Moves and Developments
- 8.5. Elastin International Corp.
- 8.5.1. Company Overview
- 8.5.2. Key Executives
- 8.5.3. Company Snapshot
- 8.5.4. Operating Business Segments
- 8.5.5. Product Portfolio
- 8.5.6. Business Performance
- 8.5.7. Key Strategic Moves and Developments
- 8.6. Asia Poly Holdings Berhad.
- 8.6.1. Company Overview
- 8.6.2. Key Executives
- 8.6.3. Company Snapshot
- 8.6.4. Operating Business Segments
- 8.6.5. Product Portfolio
- 8.6.6. Business Performance
- 8.6.7. Key Strategic Moves and Developments
- 8.7. Ray Chung Acrylic Enterprise Co., Ltd.
- 8.7.1. Company Overview
- 8.7.2. Key Executives
- 8.7.3. Company Snapshot
- 8.7.4. Operating Business Segments
- 8.7.5. Product Portfolio
- 8.7.6. Business Performance
- 8.7.7. Key Strategic Moves and Developments
- 8.8. Plaskolite Inc
- 8.8.1. Company Overview
- 8.8.2. Key Executives
- 8.8.3. Company Snapshot
- 8.8.4. Operating Business Segments
- 8.8.5. Product Portfolio
- 8.8.6. Business Performance
- 8.8.7. Key Strategic Moves and Developments
- 8.9. Sun Acrylam Private Limited
- 8.9.1. Company Overview
- 8.9.2. Key Executives
- 8.9.3. Company Snapshot
- 8.9.4. Operating Business Segments
- 8.9.5. Product Portfolio
- 8.9.6. Business Performance
- 8.9.7. Key Strategic Moves and Developments
- 8.10. PT Margacipta Wirasentosa
- 8.10.1. Company Overview
- 8.10.2. Key Executives
- 8.10.3. Company Snapshot
- 8.10.4. Operating Business Segments
- 8.10.5. Product Portfolio
- 8.10.6. Business Performance
- 8.10.7. Key Strategic Moves and Developments
