Global Cast Acrylic Sheet Market Insights, Size and Growth Forecast To 2027

Global Cast Acrylic Sheet Market by Type (Cell cast acrylic sheet and Continuous cast acrylic sheet), By Solution (Sanitaryware, Signage & Display, Architecture & Interior Design, Transportation, Medical, Food & Catering, and Others) and By Region (North America, Europe, Asia Pacific, South America, Middle East, and Africa)

Published: Jan-2020	Report ID: CHEM2001	Pages: 1 - 105	Formats^*:
Category : Chemical & Materials

Report description

Acrylicâ€™s new three-dimensional material luminous characters are a special organic glass. Because of its excellent toughness and sound, light transmission, it is used to manufacture windshields and tank sight glasses in the early days. PMMA is commonly known as plexiglass, which is also known as acrylic or acrylic. The acrylic is also called special-processed plexiglass. It is a replacement product of plexiglass. Acrylic sheet can be perfectly combined with aluminum-plastic sheet profile, advanced screen printing, etc. to meet the needs of businesses. Acrylic cast sheet is high molecular weight, excellent rigidity, strength, and excellent chemical resistance. The cast sheet has a higher molecular weight, is more rigid and crack-resistant, so it is more suitable for processing size sign.

Global Cast Acrylic Sheet Market: Insights

The Cast Acrylic Sheet Market expected to generate more than USD 5 billion by 2027, registering a CAGR of 6.8% during the forecast period (2020-2027). The cast acrylic sheet market majorly is driven by the increase in demand from the building and construction industry along with the rapid pace of urbanization across the globe. The SPER market, cast acrylic sheet research report includes integrated approach to the growth of the market by doing an elaborate & accurate analysis of the complete competitive situation of this market on a global level with the key market trends & newest technologies, being a significant part in the growth during the estimated period.

Besides the current analytical & statistical account, the report cloaks the trends, market drivers, challenges, potential opportunities, which affect the market. This market report discusses the present situation to predicted trends & aspects of the growth of the Cast Acrylic Sheet market. Furthermore, it gives a dynamic overview & insights related to the market at both global as well as regional scale. Additionally, the rising demand for cast acrylic sheets for lightweight materials in the automotive industry is likely to bolster the growth of the global cast acrylic market in the future time.

The growth exhibited by the global cast acrylic sheet market is a result of various factors such as the increasing the demand from signage & display industry, sanitary ware, and architecture & interior design industry. Moreover, the cast acrylic sheet has vast applications in the large-screen LCDs, interactive screens, display cases, structural and commercial glazing, trade shows, exhibits and conventional displays, metal, and plastic fabrication estimated to robust the growth of global cast acrylic market during the projected period. According to the United Nations, in 2018, 55% of the worldâ€™s population lives in urban areas, a proportion that expected to increase to 68% by 2050. Projections show that urbanization, the gradual shift in the residence of the human population from rural to urban areas, combined with the overall growth of the worldâ€™s population, could add another 2.5 billion people to urban areas by 2050.

Furthermore, the growing preference for signage and displays in retail stores, hotels, and airport lobbies is likely to accelerate the global cast acrylic market. Additionally, the development of highway and high-grade road lighting lamp covers and automotive lamps led to the demand for expansion of the global cast acyclic sheet market. With the improvement in construction and building regulations across developing and developed countries, cast acrylic will show strong competitiveness in more application fields. Further, special plexiglass, such as optical plexiglass, anti-ray plexiglass, and optical disc-grade plexiglass, etc. are still blank in the construction industry, and there is much room for development. Additionally, growing applications of cast acrylic sheet in machining, laser cutting, and shaping operations will augment the global cast acrylic sheet market in the forecast period.

Global Cast Acrylic Sheet Market: Type Insight

Based on type, the global cast acrylic sheet market bifurcated into cell cast acrylic sheet and continuous cast acrylic sheet. The cell cast acrylic sheet is the most dominating among the types of cast acrylic sheet market, and generate the maximum market revenue by 2027. It is owing to its properties, such as improved optical clarity and higher surface hardness. It is majorly used in laser cutting & engraving, CNC routing, fabrication, and general acrylic sheet use.

Global Cast Acrylic Sheet Market: Application Insight

Based on application, the global cast acrylic sheet market classified into sanitary ware, signage & display, architecture & interior design, transportation, medical, food & catering, and others. The signage & display is steadily growing due to the rapid development in the advertisement industry, coupled with the availability of various designs that can easily be printed over a cast acrylic sheet, which is suitable for architecture and design applications. Additionally, the rise in demand for display screens, cover panels, and touchscreens will influence the growth of signage & display market.

Global Cast Acrylic Sheet Market: Region Insight

With a complete analysis of the growth opportunities for the companies, the Asia Pacific is the biggest market with steadily increasing CAGR for cast acrylic sheet, due to the rapid pace of urbanization, economic growth and rising income of consumers in the countries. Furthermore, the surge in the income levels of people in Asian countries estimated to fuel the growth.

The report presents detailed assessment of various factors influencing the marketâ€™s trajectory into 2020 and 2027. It covers the crucial information about the leading companies operating in the global cast acrylic sheet market. Besides highlighting the product offerings, the report also calculates revenue generated over the period and their position in the market.

REPORT HIGHLIGHTS

Overview of key market forces propelling and restraining market growth.
Provide consumption, current & past status & also the forecasting up to 2027.
Provide complete overview including type, application & forecast region.
Provide focused analysis of key manufacturer with their production volume, market share & also help to identify market competition landscape with SWOT analysis.
Historical, current and projected market size in terms of volume and value.
Analyse the global & regional potential market, advantages, risk & opportunity.
Identify significant trends and factors driving or inhibiting market growth.
In-depth coverage of the complete market in terms of supplier, buyer, price, trend, growth & forecasting.

THE REPORT COVERS ANALYSIS OF CAST ACRYLIC SHEET MARKET, BY TYPE

Cell Cast Acrylic Sheet
Continuous Cast Acrylic Sheet

THE REPORT COVERS ANALYSIS OF CAST ACRYLIC SHEET MARKET, BY APPLICATION

Sanitary Ware
Signage & Display
Architecture & Interior Design
Transportation
Medical
Food &Catering
Others

THE REPORT COVERS EXHAUSTIVE ANALYSIS ON

Market Segments
Market Dynamics
Brands in Market
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved
Forecasting
Technology

THE REPORT INCLUDES REGIONAL ANALYSIS ON

North America (Canada, US, Mexico, & Rest of North America Available).
Asia-Pacific (China, India, South Korea, Taiwan & Rest of Asia Pacific Available)
Europe (Germany, Spain, France, United Kingdom & Rest of Europe Available)
South America (Brazil, Argentina & Rest of South America Available)
Middle East & Africa (GCC Countries, South Africa, Ghana, Egypt, North Africa & Rest of MEA Available).

KEY PLAYERS OF CAST ACRYLIC SHEET MARKET

Mitsubishi Chemical Corporation
3A Composites
Altuglas International
Aristech Acrylics
Madreperla
Gevacril
Margacipta Wirasentosa
Astari Niagra
Spartech
Asia Poly
Ray Chung Acrylic Enterprise
GRUPO IRPEN
Polyplastic
Jokema Industry
Acrilex
Shanghai Acrylic (Cast) Chemical Corporation
Limacryl
Others Prominent Players

Note: The segmentation & companies provided are subject to change/modification as per the availability of data during the final study.

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Market Dynamics

4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges

4.3. COVID-19 Impact of the Cast Acrylic Sheet Market
4.4. Market Trends

5. Global Cast Acrylic Sheet Market, By Type, 2021-2027 (USD Million)

5.1. Cell cast acrylic sheet
5.2. Continuous cast acrylic sheet

6. Global Cast Acrylic Sheet Market, By Solution, 2021-2027 (USD Million)

6.1. Sanitary ware
6.2. Signage & Display
6.3. Architecture & Interior Design
6.4. Transportation
6.5. Medical
6.6. Food & Catering
6.7. Others

7. Global Cast Acrylic Sheet Market, By Geography, 2021-2027 (USD Million)

7.1. North America

7.1.1. US
7.1.2. Canada

7.2. Europe

7.2.1. Germany
7.2.2. UK
7.2.3. France
7.2.4. Italy
7.2.5. Spain
7.2.6. Rest of Europe

7.3. Asia-Pacific

7.3.1. China
7.3.2. Japan
7.3.3. India
7.3.4. Rest of Asia-Pacific

7.4. Rest of the World

7.4.1. Latin America
7.4.2. Middle East & Africa

8. Competitive Landscape

8.1. Introduction
8.2. Market Share Analysis, By Key Players (2019)
8.3. Competitive Scenario

8.3.1. Product Launches
8.3.2. Partnerships, Collaborations and Agreements
8.3.3. Acquisitions
8.3.4. Expansions
8.3.5. Other Developments

9. Company Profiles

9.1. 3A Composites
9.2. Acrilex
9.3. Altuglas International
9.4. Aristech Acrylics
9.5. Asia Poly
9.6. Astari Niagra
9.7. Gevacril
9.8. GRUPO IRPEN
9.9. Jokema Industry
9.10. Lei Mei Acrylic (Dongguan) Co., Ltd.
9.11. Limacryl
9.12. Madreperla
9.13. Margacipta Wirasentosa
9.14. Mitsubishi Chemical Corporation
9.15. Nitto Jushi Kogyo Co., Ltd
9.16. Polyplastic
9.17. Ray Chung Acrylic Enterprise
9.18. Shanghai Acrylic (Cast) Chemical Corporation
9.19. Spartech
9.20. UB Acrylics

10. Appendix

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

SPER-Methodology-1