Authored By: Sarah
11 Jul 2024

 Acrylic Sheets Market to grow by USD 1541.41 million between 2023-2027

According to a research report “ Acrylic Sheets Market” by Product (Cell cast acrylic sheets, Continuous cast acrylic sheet, Extruded acrylic sheet) Application (Industrial, Commercial, Residential) Geography (APAC, Europe, North America, South America, Middle East and Africa)- Global Forecast to 2027 published by Technavio, the market size is estimated to grow by USD 1541.41 million at a CAGR of  5.75% during the forecast period. In the automotive sector, acrylic sheets serve as a preferred choice for manufacturing various components due to their lightweight property and design flexibility. These sheets boast superior gloss, making them ideal for enhancing vehicle aesthetics. Acrylic sheets provide cost advantages over conventional materials like polycarbonate, with reduced recess depth and assembly costs. Their transparency and exceptional clarity in fluctuating temperatures make them a superior alternative to glass. Acrylic sheets are extensively utilized in automotive components, thanks to their ease of processability and glazing properties. Keywords: acrylic sheets, automotive industry, components, lightweight, design flexibility, superior gloss, cost advantages, transparency, exceptional clarity, processability, glazing..

Browse market data tables, figures, and in-depth TOC on “Acrylic Sheets Market” by Product (Cell cast acrylic sheets, Continuous cast acrylic sheet, Extruded acrylic sheet) Application (Industrial, Commercial, Residential) Geography (APAC, Europe, North America, South America, Middle East and Africa) Global Forecast to 2027.

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By Product, the Cell cast acrylic sheets segment is projected to dominate the market size in 2024.

In the acrylic sheets market, the industrial sector led the market share in 2022, driven by the increasing demand for acrylic sheets in applications such as construction, automotive, and signage industries. Acrylic sheets provide superior glazing effects, surface hardness, and cutting tolerance, making them an ideal choice for manufacturing high-quality sanitary ware and industrial products. Their long service life, lighter weight compared to glass, and availability in various designs, colors, and patterns enhance the aesthetic appeal of surfaces and contribute to business growth.

By Application, Industrial  segment is expected to hold the largest market size for the year 2024.

In the acrylic sheets market, cell cast production is a prominent method for manufacturing high-performance sheets. This process involves the use of methyl methacrylate syrup sandwiched between glass plates or stainless-steel bands, which are then polymerized in specialized ovens and water baths. Cell cast acrylic sheets offer superior thermal stability, optical clarity, and reworkability, making them ideal for various applications in industries such as signage, display, and furniture. Their resistance to cracking upon exposure to solvents further enhances their value proposition.

APAC is forecasted to hold the largest market size by region in 2024.

The APAC region, led by China, India, Japan, Malaysia, Thailand, Indonesia, and Vietnam, accounted for the largest market share in the acrylic sheets industry in 2022. With China being the world's top automobile producer and a significant player in various acrylic sheet application sectors, its dominance is expected to continue throughout the forecast period of 2023-2027. Infrastructure and construction projects in Asia-Pacific countries, including India, China, Japan, Singapore, Thailand, and Indonesia, are driving the demand for acrylic sheets due to their durability and versatility.

The Acrylic Sheets Market t growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Asia Poly Industrial Sdn Bhd
  • Chimei Corp.
  • Elastin International Corp.
  • Evonik Industries AG
  • Foshan Shunde Lunjiao Xishun Plastics Factory
  • Gevacril Srl
  • Hyundai Department Store Group Co. Ltd.
  • Jumei Acrylic
  • Mitsubishi Chemical Group Corp.
  • Palram Industries Ltd.
  • Plaskolite Inc.
  • PT Astari Niagara Internasional
  • Ray Chung Acrylic Enterprise Co. Ltd.
  • Reynolds Polymer Technology Inc.
  • Schweiter Technologies AG
  • Shen Chuen Acrylic Ningbo Co., Ltd.
  • Sumitomo Chemical Co. Ltd.
  • Sun Acrylam Pvt. Ltd.
  • Trinseo PLC
  • TroGroup GmbH
.

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Research Analysis Overview

The Acrylic Sheets Market encompasses a wide range of applications, including Interior Trims, Automotive Components, Retail Displays, Architectural Applications, and Furniture & Interiors. Acrylic sheets, also known as Plexiglass or cast acrylic, offer desirable properties such as Impact Strength, Chemical Resistance, and Energy Efficiency. These sheets are Extruded to ensure uniformity in Thicknesses and provide excellent Insulating properties, making them suitable for Sanitary Ware and Architectural Glazing. Acrylic sheets are extensively used in the Automotive & Transportation and Construction & Architecture sectors due to their Visual Aesthetics and Lightweight nature. They enhance Vehicle performance and contribute to Fuel efficiency in the Automotive segment. In the Healthcare & Medical sector, their Durability and UV Resistance make them ideal for various applications. The Casting process ensures a high-quality Surface Finish, while the availability of various Colors and Thicknesses caters to diverse customer preferences. Acrylic sheets are also Transparent, making them suitable for Skylights and other applications requiring light transmission. With their excellent Wearability and UV resistance, these sheets are a popular choice for various industries. In summary, the Acrylic Sheets Market offers versatile and high-performance solutions for various industries, including Automotive, Construction & Architecture, Healthcare, and Furniture & Interiors. These sheets provide desirable properties such as Impact Strength, Chemical Resistance, Energy Efficiency, and UV Resistance, making them a preferred choice for numerous applications.

Market Research Overview

The Acrylic Sheets Market encompasses a wide range of applications, including Interior Trims, Automotive Components, Retail Displays, Architectural Applications, and more. Acrylic sheets, also known as Plexiglass or Polymethyl methacrylate (PMMA), offer desirable properties such as Impact Strength, Chemical Resistance, and Extruded features. These sheets are also Energy Efficient and provide Thermal Insulation, making them suitable for Sanitary Ware and various sectors like Automotive & Transportation, Healthcare & Medical, and Construction & Architecture. Acrylic sheets boast Self-Cleaning Capabilities and Antimicrobial Properties, ensuring durability and hygiene. They are Fire Resistant and offer Color Vibrancy and Impact Resistance. Manufacturing processes like Injection Molding and Technology Advancements enable the production of lightweight and recyclable acrylic sheets, contributing to Sustainable Construction. Acrylic sheets are used in various industries, including the Automotive segment, Furniture & interiors, Architectural glazing, and Signage. They are also used in creating long-lasting displays for Advertising spending, offering Eye-catching designs and Shatterproof materials. The market for acrylic sheets continues to grow due to increasing Demand for decorative features, Lighting fixtures, and Signage displays. Acrylic sheets are used in various applications, including Windshields, Canopies, Skylights, and Insulating properties. They come in various Colors, Thicknesses, and offer Transparency, making them suitable for various applications. Acrylic sheets are also UVresistant and offer excellent Wearability and UV resistance.

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Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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