A fiber sheet made from two or more acrylic acid derivatives is referred to as an acrylic sheet. One of the most prevalent types of acrylic sheet is polymethyl methacrylate. Acrylic sheets are accessible in the market based on consumer need and demand, such as different levels of heat-resistant capacity sheets.
The global acrylic sheet market was worth about USD 5.01 billion in 2021 and is predicted to create revenue of approximately USD 7.15 billion by the end of 2028, increasing at a CAGR of approximately 5.2% between 2022 and 2028.
Growing demand for infrastructure development and residential construction in various areas is likely to drive growth in the worldwide acrylic sheets market during the forecast period. Furthermore, an increase in demand for commercial buildings, particularly in France, Russia, Spain, and Germany, is likely to fuel market expansion during the projection period.
Lightweight, high strength, resistant proof, clarity, and glare reduction are some distinctive properties of acrylic sheets that are projected to drive the growth of the worldwide acrylic sheets market in the near future. Furthermore, by heating at high temperatures, these sheets can be shaped into any shape. Over the forecast period, it is expected to fuel the worldwide acrylic sheets market growth.
Acrylic is a material composed of two or more polymethyl methacrylate acrylic or acrylic acid derivatives. Acrylic is widely utilized in industries such as automotive, electronics, construction, and medicine due to its diverse features such as strength, weather resistance, clarity, and flexibility. Acrylic sheets can be translucent, opaque, colorful, or transparent, with different degrees of heat resistance, light transmission, and other properties. A variety of coatings can be added to an acrylic sheet to improve heat resistance, scratch resistance, solar reflectance, and glare reduction. Various types of acrylic sheets are available on the market based on consumer demand, such as different levels of heat resistance, release capacity, and flow rates.
One of the primary factors driving the growth of this market is the increasing use of acrylic sheets in the construction industry. Furthermore, acrylic sheet is now widely used in the furniture and interior design industries, as well as the automotive and medical industries. Furthermore, the expansion of infrastructure in emerging economies is projected to increase the industry in the near future. The acrylic sheet’s facile molding feature allows it to be molded to any required shape using high heat. As a result, this aspect is expected to boost demand for acrylic sheets, propelling market expansion. The usage of noise and vibration control materials in automobiles has increased throughout Europe, as has the volume of automobile production.
The Asia Pacific region now dominates the global acrylic sheet market and is predicted to do so in the forecast period as well. The construction industry dominates the Asia Pacific area, resulting in increased demand for acrylic sheets.
Some of the key players operating in the global acrylic sheet market include Mitsubishi Rayon, Evonik, Polycasa, Taixing Donchamp, Unigel Group, Plaskolite, Shen Chuen Acrylic, Raychung Acrylic, Guang Shun Plastic, Elastin, Altuglas Arkema, and GARY Acrylic Xishun among others. The key players of the acrylic sheet market are primarily focusing on product innovation and expansion. For instance, Altuglas International has recently launched acrylic sheets new range under the brand name, Altuglas Metallic & Iridescent.
Market Segmentation:
Acrylic Sheets Around the World Extruded acrylic sheet, continuous acrylic sheet, and cell cast acrylic sheet are market types, and applications include furniture and design, electronics and energy, visual communication and retail, automotive and transportation, architecture and construction, and others. Additionally, the market is divided by sales channels such as Online Retailers, Suppliers, and Direct Sales.
Furthermore, the Global Acrylic Sheets Market is divided into five regions: North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa.
Market Key Players:
Evonik, Altuglas International, Lucite International, GARY Acrylic Xishun, Elastin International Corp., Plaskolite, Guang Shun Plastic, Taixing Donchamp Acrylic Co., Ltd., Jumei Acrylic, and Ningbo Shen Chuen Chemical Co., Ltd. are among the important players addressed in this research.
This report segments the acrylic sheet market as follows:
By Type
Extruded Acrylic Sheet
Continuous Cast Acrylic Sheet
Cell Cast Acrylic Sheet
By Application
Architecture & Constructions
Furniture & Design
Automotive & Transport
Visual Communication & Retail
Electronics & Energy
Medical
Sanitary
Others
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