Global Acrylic Sheets Market by Type (Extruded Acrylic Sheets and Cast Acrylic Sheets) By Application (Visual Communication & Retail, Furniture & Design, Electronics & Energy, Automotive & Transport, Architecture & Construction and Other Applications), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2031

Technological advancements related to home decorative design is also playing an important factor in the further expansion of this Acrylic Sheets Market.

Market.US announces publication of its most recently generated research report titled, “Global Acrylic Sheets Market by Type (Extruded Acrylic Sheets and Cast Acrylic Sheets) By Application (Visual Communication & Retail, Furniture & Design, Electronics & Energy, Automotive & Transport, Architecture & Construction and Other Applications), – Global Forecast to 2031”, which offers a holistic view of Global Acrylic Sheets Market through systematic segmentation that covers every aspect of the target market.

Global Acrylic Sheets Market is projected to be US$ 4,159.7 Mn in 2021 to reach US$ 7,893.7 Mn by 2031 at a CAGR of 6.7%.

Acrylic is a fiber sheet produced by using a number of derivatives of acrylic acids. Polymethyl Methacrylate Acrylic (PMMA) is the most used form of acrylic, which offers unique features such as sustainability in weather changes, temperature resistance, etc. These sheets are available in tinted or colored form, as well as in mirrored or opaque structures, and the addition of a number of layers or coatings enhances its surface finish properties, make it scratch-proof and solar reflective.

Acrylic sheets are available in numerous variants in the market based on consumer needs/requirements, such as varying levels of heat resistant capacity, flow rates, and release capacities. Furthermore, acrylic sheets are widely used in industries such as the automotive & transportation industry, building & construction, as well as lighting & signs.

The demand from the automotive & transportation industry is expected to continue to increase. This is due to the widespread use of acrylic sheets in the production of caravan windows, motorcycle windshields, glider & helicopter glazing, commercial aircraft interior window panels, and marine glazing applications, as well as the spike in the demand for advanced materials with properties such as high chemical and weather resistance, optical clarity, and them being lightweight, are expected to foster revenue growth prospects for this market.

Global Acrylic Sheets Market Revenue (US$ Mn), 2020–2031

An increase in the usage of acrylic sheets for exterior and interior decorative purposes as a means of bettering the appearance of residential and commercial structures are now being widely adopted. However, several benefits of these sheets, such as them being light in weight, possessing high-strength, are resistance-proof, possesses anti-fogging characteristics, and offer glare reduction, are elements projected to increase the demand for this product for various construction activities.

Moreover, rapidly growing residential and industrial sectors have significantly impacted market expansion prospects for the acrylic sheet industry across multiple regions. Furthermore, an increase in home building activities, as well as the partial recovery of the non-residential sector, are also expected to sustain the financial growth of this market.

The COVID-19 pandemic has resulted in the slowdown of critical trade activities across several countries. The possibility of a looming economic recession is also likely to adversely impact future investments across various sectors, more specifically, the given supply-chain industry. In addition, a fall in the demand for several products across the globe, owing to respective imposed lockdown measures, in conjunction with supply-chain disruptions, are anticipated to slowdown revenue growth prospects for the global acrylic sheets market.

As major economies enforce precautionary measures, a considerable gap between market supply and demand is gradually being created, resulting in increased difficulties for both manufacturers and distributors to effectively handle their respective operations. However, as these lockdowns are gradually lifted, and economies begin to recover, this market is expected to reflect the same.

Global Acrylic Sheets Market Attractiveness Analysis by Type, 2015–2031

The global acrylic sheets market is segmented on the basis of type, applications, and by region. As per the ‘type’ market segmentation of this industry, the cast acrylic sheets sub-segment is expected to account for a majority revenue share of this target industry. In terms of ‘application’ market segmentation, the architecture & Construction sub-segment is expected to generate a majority revenue share over the forecast period.

On the basis of region, the markets in Asia-Pacific are projected to account for the majority revenue share of the global acrylic sheets market, and this sub-segment is anticipated to maintain its respective market position over the forecast period.

The research report on global acrylic sheets market includes profiles of some of the major companies such as Mitsubishi Chemical Holdings Corp., Arkema SA, Alro Steel Corporation, Röhm GmbH, Schweiter Technologies AG, Spartech, Plaskolite, Asia Poly Holdings Bhd., Elastin international corp., and other key players.

Segmentation for Global Acrylic Sheets Market Based on Type, Applications, and Region

Based on Types

• Extruded Acrylic Sheets
• Cast Acrylic Sheets

Based on Applications

• Visual Communication & Retail
• Furniture & Design
• Electronics & Energy
• Automotive & Transport
• Architecture & Construction
• Other Applications

Based on Key Players:

• Mitsubishi Chemical Holdings Corp.
• Arkema SA
• Alro Steel Corporation
• Röhm GmbH
• Schweiter Technologies AG
• Spartech
• Plaskolite
• Asia Poly Holdings Bhd.
• Elastin international corp.
• other key players

Based on Region

• North America
• Europe
• Asia-Pacific
• South America
• Middle-East & Africa

For the Acrylic Sheets Market research study, the following years have been considered to estimate the market size: