Acrylic Sheets Market Trends, Size By Product, By Application, By Geographic Scope And Forecast

Market Forecast

Global Acrylic Sheets Market Trends is expected to exhibit a CAGR of over 5.5% during the forecast period and cross USD 6 Billion by 2027.

The acrylic sheet is a fiber sheet manufactured by utilizing two and more derivatives of acrylic acid. Polymethyl methacrylate acrylic is one of the most used forms of acrylic. It is widely used on account of its features, such as weatherability and versatility. Acrylic sheets can be colored or tinted, mirrored, or opaque.


Regulatory Framework

Regulations implied on the raw materials used for manufacturing acrylic sheets affect their production of acrylic sheets. Moreover, these raw materials are petroleum-based, and the depletion of fossil fuels can have a negative impact on the growth of this market.

Segmentation

By Type

  • Based on type, the     global acrylic sheets market is bifurcated into extruded acrylic sheets     and cast acrylic sheets.
  • Extruded acrylic     sheets are affordable and malleable than cast acrylic. They are also     clearer than glass and do not become yellow after prolonged sun exposure,     because it resists ultraviolet light degradation. Additionally, it has a     higher impact resistance than glass and exhibits good electrical and UV     resistivity.
  • The cast acrylic     sheets segment emerged as dominating segment as it has low water     absorption, excellent optical properties, outstanding resistance to     long-term exposure to sunlight and weathering, lightweight and bullet     resistance. The segment is further divided into cell cast acrylic sheets     and continuous acrylic sheets.

By Application

  • Based on     application, the global Acrylic Sheets Market Trends is segmented into     building & architecture, visual communication & retail, furniture     & design, automotive & transport, electrical & electronics,     sanitaryware, and others.
  • The building &     architecture segment emerged as the leading and fastest-growing segment on     account of the wide use of windows, skylights, partitions, doors, patio     roofing, and balcony guards. The expanding building & construction     sector across the globe, coupled with the increasing demand for home     renovation, drive the use of acrylic sheets.
  • Retail displays,     point of sale displays, and visual communications, use acrylic sheets     because they exhibit three-dimensional elements or unique lighting     effects, and are available in a range of colors, textures, and finish     options.
  • Acrylic sheets are     lightweight and fingerprint, mar, and scratch-resistant, which makes them     an ideal choice of material for furniture & design applications. They     are widely used in chairs, tables, countertops, and other such     applications.
  • The growing     automotive & transportation industry on account of increased business     travels and high disposable income drive the demand for acrylic sheets.     These sheets are used in mirror housings, rear outer lenses, badging,     autonomous driving sensor lenses, motorcycle windshields, commercial     aircraft interior window panels, glider & helicopter glazing, and     vehicle registration plates.
  • Owing to its     lightweight, shock and impact resistance, and excellent fabrication     properties, acrylic sheets find uses in electricals & electronics     applications. They are also used in infra-red transmitter and receiver     windows, bespoke stereo speaker systems, turntables, and iconic electric     guitars.
  • They find     applications in sanitary ware such as tubs, sinks, and showers.
  • The others segment includes     lightings, medical equipment, and marine.

 

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By Region

  • North America: The     market growth in North America is driven by the presence of a large     industrial base in the region. Extensive investments in infrastructural     development promote the use of acrylic sheets.
  • Europe: High     production and exports of automotive components in the region drive the     demand for acrylic sheets.
  • Asia-Pacific: It is the     fastest-growing regional market. Rapid industrialization and urbanization     in this region result in an increased number of construction activities     and drive the demand for acrylic sheets.

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