Cast Acrylic Sheet Market Report

Cast Acrylic Sheet Market Report

Cast Acrylic Sheet Market Report
Report code - SRAM365 Delivery - 2 Weeks
Cast Acrylic Sheet Market Size, Share, Trend, Forecast, & Industry Analysis 
See more...

Market Insights

Cast Acrylic Sheet Market is likely to witness an impressive CAGR of 6.1% during the forecast period. The major factor driving the market for cast acrylic sheet is its demand in various end-use industries, owing to its scratch resistant, environment-friendly, and lightweight properties. In addition, the sheet is also safer than glass as it does not shatter, and unlike glass shards, broken cast acrylic sheet pieces are not sharp.

Cast Acrylic Sheet Market – Snapshot

Growth

6.1% for the next five years

Major Application Type

Signage & Display

Dominant Process Type

Cell Cast Acrylic Sheet

Region with the highest demand

Asia Pacific

Key Players

Mitsubishi Chemical Corporation, Altuglas International, Evonik Industries AG, Polyplastic Co. Ltd, Asia Poly Industrial Sdn Bhd., 3A Composites Gmbh, Aristech Acrylics LLC, Acrilex Inc., Chemical Corporation Pvt. Ltd., Spartech Corporation

Segments' Analysis

Cast-Acrylic-Sheet-Market-Dominant-Segments

Wish to Get a Free Sample? Register Here

Cast Acrylic Sheet Market Share: By Process Type

Based on the process type, the market is segmented as cell and continuous cast acrylic sheet. Cell cast acrylic sheet type is likely to be the larger and faster-growing process type during the forecast period. This process type is easier to use, is low labor-intensive, produces better-saturated color, and requires low set-up cost. It is cleaner to cut, drill, and rout owing to its high molecular weight. All these factors are likely to drive the growth of the segment during the forecast period.

Cast Acrylic Sheet Market Share: By Application Type

Based on the application type, the market is segmented as architecture & interior design, sanitary ware, signage & display, transportation, medical, food & catering, and others. The signage & display application type segment is estimated to be the largest as well as fastest-growing segment, owing to its availability in different colors and strength, during the forecast period. In addition, increasing need for lightweight material in automotive industry, modernization of railway stations, bus stands and airports are the major factors which are likely to drive the demand for cast acrylic sheets.

Cast Acrylic Sheet Market Share: By Region

In terms of region, Asia-Pacific is likely to be the largest and fastest-growing market for cast acrylic sheet. It is estimated that more than half of the regional market’s share is accounted by Japan, China, and India. Rising per capita income, rising purchasing power coupled with the increasing urbanization are expected to drive the cast acrylic sheet market in various industries, such as sanitary ware, food & catering, medical, signage & display, and architecture & interior design.

Cast-Acrylic-Sheet-Market-By-Region

Know which region offers best growth opportunities. Register Here

 

Market Scope & Segmentation

Acrylic cast sheets are a form of polymethyl methacrylate in which monomer such as, methyl methacrylate is added with initiators and other additives, which then casted into sheets by using static pressure. The sheets can be colored or opaque and are numerously coated for enhancing finishing and solar reflectivity. They have a wide range of applications which include signage, large-screen LCDs, interactive screens, display cases, skylights, furniture, aquariums, mirrors, office stationery, shelf panels, partitions, solar panels, and transportation.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Cast Acrylic Sheet Market Research Report - Features

Market Segmentation

3

Regions Covered

4

Countries/Sub-Regions Covered

14

No. of Figures & Tables

>150

Company Profiles

10

 

The cast acrylic sheet market is segmented into the following categories. 

Cast Acrylic Sheet Market Size, Share, & Forecast, by Process Type:

  • Cell (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Continuous (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Cast Acrylic Sheet Market Size, Share, & Forecast, by Application Type:

  • Architecture & Interior Design (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Sanitary Ware (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Signage & Display (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Transportation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Medical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Food &Catering (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Cast Acrylic Sheet Market Size, Share, & Forecast, by Region:

  • North America (Country Analysis: the USA, Canada, and Mexico) 
  • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
  • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
  • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Cast-Acrylic-Sheet-Market-Segmentation

Want to know the most attractive market segments? Register Here

Key Players

Some of the major cast acrylic sheet manufacturers are-

  • Mitsubishi Chemical Corporation
  • Altuglas International
  • Evonik Industries AG
  • Polyplastic Co. Ltd
  • Asia Poly Industrial Sdn Bhd.
  • 3A Composites Gmbh
  • Aristech Acrylics LLC
  • Acrilex Inc.
  • Chemical Corporation Pvt. Ltd.
  • Spartech Corporation

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Market trend and forecast analysis
  • Market segment trend and forecast
  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends
  • Strategic growth opportunities for the existing and new players
  • Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

  • Detailed profiling of additional market players (up to 3 players)
  • SWOT analysis of key players (up to 3 players)

Market Segmentation

  • Current market segmentation of any one of the process types by application type.  

Competitive Benchmarking

  • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.

Frequently Asked Questions (FAQs)

Driven by the factors like its scratch resistant; environment-friendly and lightweight properties, the cast acrylic sheet market is expected to witness an impressive growth of 6.1% CAGR.

The signage & display application type segment is expected to be the fastest-growing segment in the cast acrylic sheet market.

Mitsubishi Chemical Corporation, Altuglas International, Evonik Industries AG, Polyplastic Co. Ltd, Asia Poly Industrial Sdn Bhd., 3A Composites Gmbh, Aristech Acrylics LLC, Acrilex Inc., Chemical Corporation Pvt. Ltd., and Spartech Corporation are among the key players in the cast acrylic sheet market.

Asia-Pacific is expected to remain the largest market for cast acrylic sheet during the next five years.

Cell cast acrylic sheet type is expected to be the faster growing segment in the cast acrylic sheet market in the coming years.

The major factor driving the market for cast acrylic sheet is its demand in various end-use industries, owing to its scratch resistant, environment-friendly, and lightweight properties.

  •   

    Why are We Class Apart?

    Advanced Materials Offer Next Growth Wave

    We Specialize in Composites & other Materials Market Research

    >60% of the First Buyers Come Back to Us

    >95% Client Satisfaction Ratio, the Industry's Highest

    Clients Across the Value Chain

    Track the Latest Trends in Advanced Materials

    Know High Growth Opportunities