Cast Acrylic Sheets Market Application Market 2022 technology development demand overview industry growth rate top companies and key regions
The cast acrylic sheet market is expected to grow from USD 3.0 billion in 2019 to USD 4.1 billion at a CAGR of 6.4% during the period 2022 to 2030. Cast acrylic sheet has higher impact resistance and optical clarity than glass and is lightweight and customizable to various color and design combinations. Cast acrylic sheet has a wide range of applications, which include signage, POP (Point of Purchase) display, large-screen LCDs, interactive screens, display cases, skylights, furniture, aquariums, mirrors, office stationery, shelf panels, partitions, solar panels, and transportation. The demand for these applications is driving the growth of the cast acrylic sheet industry.
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Market Players:
Some of the key players operating in the global market are Mitsubishi Chemical Corporation (Japan), Evonik Industries AG (Germany), Altuglass International Arkema Group (France), 3A Composites GmbH (Germany), Aristech Surfaces LLC (US), MADREPERLA Spa (Italy), Spartech (US), Astari Niagara International (Indonesia), Pyrasied Xtreme Acrylic (Netherlands), Asia Poly Industrial Sdn Bhd (Malaysia), SCG Chemicals Co., Ltd (Thailand), Shanghai Acrylic(Cast) Chemical Corporation (China), Jokema industry Co. Ltd (Taiwan), and Limacryl NV (Belgium).
Regional Analysis:
The global cast acrylic sheets market has been spanned across five key regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia-Pacific held the largest share and was the fastest growing regional market in 2018, owing to the growing use of cast acrylic sheets in the automotive and transportation industry. North America held the second-largest share of the global cast acrylic sheets market in 2018 and is projected to continue the trend during the forecast period. The European market is expected to witness considerable growth, and the Latin American market is expected to record moderate growth during the forecast period. The Middle East & African market is projected to witness sluggish growth during the review period.
TABLE OF CONTENTS
1 Executive Summary
2 Market Introduction
2.1 Market Definition
2.2 Scope Of The Study
2.3 List Of Assumptions
2.4 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics Of Global Cast Acrylic Sheets Market
4.1 Introduction
4.2 Drivers
4.3 Restraints
4.4 Opportunities
4.5 Challenges
4.6 Trends/Technology
5 Market Factor Analysis Of Global Cast Acrylic Sheets Market
5.1 Supply Chain Analysis
5.1.1 Raw Material Suppliers
5.1.2 Manufacturers/Producers
5.1.3 Distributors/Retailers/Wholesalers/E-Commerce
5.1.4 End-User
5.2 Porter’s Five Forces Analysis
5.2.1 Threat Of New Entrants
5.2.2 Bargaining Power Of Buyers
5.2.3 Bargaining Power Of Suppliers
5.2.4 Threat Of Substitutes
5.2.5 Intensity Of Competitive Rivalry
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