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Market dynamics
The market is driven by factors such as growing demand for cast acrylic sheets from the automotive industry, growing demand for cellular cast acrylic sheets and high production in the United States, and superior properties of cast acrylic sheets. However, fluctuating crude oil prices and availability of low-cost substitutes might reduce the growth potential of the market.
Company Profiles
The Cast Acrylic Sheets Market report includes information on product launches, sustainability and outlook from key vendors including 3A Composites Holding AG, Aristech Surfaces LLC, Arkema SA, Evonik Industries AG, Gevacril, MADREPERLA Spa, Mitsubishi Chemical Corp., PT Astari Niagara Internasional, Pyrasied Xtreme Acrylic and Spartach.
Competitive analysis
The report includes competitive analysis, which analyzes and evaluates the position of companies based on their industry position score and market performance score. Some of the factors considered for the analysis are financial performance over the past 3 years, growth strategies, innovation score, new product launches, investments, market share growth, etc. .
Market segmentation
- By application, the market is categorized into sanitary ware, automotive & transportation, signage & display, and architecture & interior design. The sanitary ware segment accounted for maximum growth in 2020. The increased use of cast acrylic sheets in sanitary ware such as faucets, bath fixtures, bathtubs and wash tubs is driving the growth of the segment . Also, the availability of cast acrylic sheets in various designs, colors and patterns increases their application in sanitary ware.
- By geography, the market is categorized as APAC, North America, Europe, AME and South America. APAC will have the largest market share. The region currently holds 43% of the global market share. Growing use of signage by the healthcare, food service, and retail sectors is driving the growth of the cast acrylic sheet market in North America. Additionally, strong demand from the automotive, building and construction sectors is contributing to the growth of the regional market.
Related reports:
Acrolein Market by Application and Geography – Forecast and Analysis 2022-2026
Ethylene Acrylic Acid Copolymers Market by Application and Geography – Forecast and Analysis 2021-2025
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Cast Acrylic Sheets Market Scope |
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Report cover |
Details |
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Page number |
120 |
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base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum and CAGR |
Decelerate at a CAGR of 3.59% |
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Market Growth 2021-2025 |
$614.23 million |
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Market structure |
Fragmented |
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Annual growth (%) |
3.97 |
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Regional analysis |
APAC, North America, Europe, MEA and South America |
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Successful market contribution |
APAC at 43% |
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Main consumer countries |
United States, China, Germany, United Kingdom and Brazil |
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Competitive landscape |
Leading companies, competitive strategies, scope of consumer engagement |
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Profiled companies |
3A Composites Holding AG, Aristech Surfaces LLC, Arkema SA, Evonik Industries AG, Gevacril, MADREPERLA Spa, Mitsubishi Chemical Corp., PT Astari Niagara Internasional, Pyrasied Xtreme Acrylic and Spartech |
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Market dynamics |
Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the forecast period. |
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Personalization area |
If our report does not include the data you are looking for, you can contact our analysts and customize the segments. |
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