Acrylic Sheets Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

According to the report published by Facts & Factors, the global Acrylic Sheets Market size was worth around USD 5270 million in 2019 and is predicted to grow around USD 7850 million by 2026 with a compound annual growth rate (CAGR) of roughly 5.85% between 2020 and 2026. The report analyzes the global Acrylic Sheets Market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Acrylic Sheets Market.

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the acrylic sheets industry. The report analyzes and declares the historical and current trends analysis of the acrylic sheets industry and subsequently recommends the projected trends anticipated to be observed in the acrylic sheets market during the upcoming years.

The acrylic sheets market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire acrylic sheets market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Units) and value (USD Million) from FY 2016 – 2026.

Key Insights from Primary Research

• In terms of consumption, the China market accounted for the largest market global acrylic sheets market in 2019.
• The global acrylic sheets market is expected to reach around USD 7850 Million by 2026.
• On the basis of type segment, extruded acrylic sheets is the leading segment in the global acrylic sheets market in 2019.
• Based on various applications, the global acrylic sheets market was led by the industrial sector in 2019.
• Among regions, Asia Pacific is expected to be the fastest-growing market for the acrylic sheets market during the years to come.

Key Recommendations from Analysts

• As per our analysts, the global acrylic sheets market is expected to grow significantly over the forecast period.
• The strategic and competitive advantage provided by the acrylic sheets is anticipated to be the key factor driving this market globally.
• Our team of analysts has identified, growing infrastructural activities, especially in China, India, Thailand, and Indonesia, is fueling the growth of the market.
• In recent years, the commercial sector will offer lucrative opportunities for the market players operating in the market owing to the rising development in automotive sectors.
• Overall, the global market has the potential to grow owing to its overall initiative towards globalization.

Acrylic Sheets Market Production Market Share – By Region

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the acrylic sheets industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the acrylic sheets industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the acrylic sheets market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the acrylic sheets industry. The acrylic sheets market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the acrylic sheets sector. Key strategic developments in the acrylic sheets market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the acrylic sheets market are appropriately highlighted in the report.

Report Scope

Growing developments in the automotive, transportation and construction industry have indirectly raised the demand for acrylic sheets. For architectural and interior design, these sheets are needed as they act as an alternative product for glass. Moreover, the rising focus on producing lighter-weight products is supporting the growth of the market. However, the high cost of these sheets is declining the growth of the product. Rising investments in the automotive industry and rising consumption of sanitary ware products in the Asia Pacific and the Middle East region will offer lucrative opportunities to the market players operating in this market.

The acrylic sheets market research report delivers an acute valuation and taxonomy of the acrylic sheets industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the acrylic sheets industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the acrylic sheets industry is provided for the leading economies of the world.

The acrylic sheets market is segmented based on type, appearance and application.  On the basis of type segmentation, the market is classified into extruded acrylic sheet, continuous cast acrylic sheet, and cell cast acrylic sheet. The appearance segment is categorized into transparent sheets and solid surface sheets. In terms of application segmentation, the market is bifurcated into residential, commercial, and industrial sectors.

Some of the essential players operating in the acrylic sheets market, but not restricted to include

• Evonik Industries AG
• Lei Mei Acrylic (Dongguan) Co. Ltd.
• Excelite
• Acrilex Inc.
• DeYuan Acrylic Limited
• Lucite International Inc
• Plaskolite Inc.
• Asia Poly Industrial
• Elastin International
• Altuglas International
• Gary Acrylic Xishun
• Mitsubishi Rayon Polymer Nantong Co Ltd.
• Haiyan Huashuaite Plastic Electrical Appliance Co. Ltd.
• Donchamp
• Xintao Group
• Shenzhen Senda Acrylic Sheet Co. Ltd
• Ray Chung Acrylic Enterprise Co. Ltd.
• DuPont
• MG Polyplast
• Sumipex (Thailand) Co. Ltd.
• among Others

The taxonomy of the acrylic sheets market by its scope and segmentation is as follows:

By Type Segmentation Analysis

• Extruded Acrylic Sheet
• Continuous Cast Acrylic Sheet
• Cell Cast Acrylic Sheet

By Appearance Segmentation Analysis

• Translucent/Transparent Sheets
• Solid Surface Sheets

By Application Segmentation Analysis

• Residential Use
• Commercial Use
• Industrial Use

Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

KEY REPORT POINTERS; HIGHLIGHTS:

• Statistically Validated Analysis of Historical, Current, and Projected Industry Trends with Authenticated Market Sizes Information and Data in terms of Value and Volume, wherever applicable
• Direct and Indirect Factors that Impacted the Industry as well Projected Rationales expected to affect the industry going forward
• Micro, Meso, Macro, and In-Depth Analysis of Technically relevant and Commercially viable  Segments and Sub-segments of the Market
• Historical and Projected Company / Vendor / OEM / Supplier Market Shares, Competitive Landscape, and Player Positioning Data
• Historical and Current Demand (Consumption) and Supply (Production) Scenarios as well as Projected Supply-Demand Scenario Analysis
• Detailed List of Key Buyers and End-Users (Consumers) analyzed as per Regions and Applications
• Value Chain and Supply Chain Analysis along with Horizontal and Vertical Integration Scenarios
• Manufacturing and Production Cost Structure Analysis including Labor Cost, Raw Material Expenses, and Other Manufacturing Expenses, wherever relevant
• Overview of Key Marketing Strategies and Key Sales Channels Adopted in the Market
• Market Attractiveness Analysis and Key Investment Opportunity Analysis in the Market going forward
• Technological Roadmap, Patents Analysis, Potential Substitutes, and Technical Analysis
• The professionally substantiated market research report study is calculated, constructed, and assembled by implementing a Robust Research Methodology. The Triangular Process comprises abuoyant mix of Exhaustive Primary Research (focused interviews, questionnaires, and ad-hoc surveys) and Extended Secondary Research (paid external databases, proprietary in-house database, and publically-available validated sources), where it is finally triangulated and validated through in-house industry experts, industry leaders, and independent consultants through a tri-level quality check practice.