Acrylic Sheet Market Report 2024 (Global Edition)

Global Acrylic Sheet Market Report 2024 Market Size Split by Type (Extruded Acrylic Sheet, Cell Cast Acrylic Sheet, Continuous Cast Acrylic Sheet), by Application (Construction and Architecture, Healt...

Acrylic Sheet Market Report Description

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Acrylic Sheet Market Insights Video

Competitive Landscape of the Acrylic Sheet Market

The competitive environment in the Acrylic Sheets market is dynamic and defined by the presence of major companies competing for market share. Well-known companies in the sector use strategies like joint ventures, product innovation, and acquisitions and mergers to improve their market share. Furthermore, the market is facing increased competition from regional and local manufacturers offering affordable yet effective products.

January 2024: Specialty material solutions provider Trinseo and its subsidiary companies in Europe are raising the prices of acrylic sheet goods sold under the OROGLASM and ALTUGLASM brands. The exact grade standards of the goods will determine the price increase. (Source:https://investor.trinseo.com/home/news/news-details/2024/Trinseo-Announces-Price-Increase-for-PMMA-Cast-Sheets-in-Europe/default.aspx) July 2021: Trinseo made a significant announcement regarding its intention to acquire Aristech Surfaces LLC in a calculated attempt to expand into the specialized materials and sustainable solutions market. One well-known business in North America is Aristech Surfaces LLC, which produces and distributes continuous cast sheets and solid surface polymethyl methacrylates (PMMA). By acquiring Aristech, Trinseo hopes to expand its offering and offer a variety of PMMA technologies, which will enable it to better serve clients in quickly expanding areas. (Source:https://investor.trinseo.com/home/news/news-details/2021/Trinseo-to-Acquire-Aristech-Surfaces-LLC-as-Part-of-Its-Transformation-to-a-Specialty-Materials-and-Sustainable-Solutions-Provider-07-19-2021/)

Top Companies Market Share in Acrylic Sheet Industry: (In no particular order of Rank)

• Mitsubishi Chemical Corporation (Japan)
• 3A Composites (Switzerland)
• Madreperla (Italy)
• Gevacril (US)
• Acrilex (US)
• Altuglas International (France)
• Aristech Acrylics (US)
• Margacipta Wirasentosa (Indonesia)
• Asia Poly (Malaysia)
• Ray Chung Acrylic Enterprise (Taiwan)
• Astari Niagra (Indonesia)
• Spartech (US)
• GRUPO IRPEN (Spain)
• Polyplastic (Netherland)
• Shanghai Acrylic (Cast) Chemical Corporation (China)
• Limacryl (Belgium)
• Jokema Industry (Taiwan)
• Lei Mei Acrylic (Dongguan) Co.
• Ltd. (China)
• UB Acrylics (Indonesia)
• Nitto Jushi Kogyo Co.
• Ltd (Japan)
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Acrylic Sheet Market

Which Region Dominates the Acrylic Sheet Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue. The market for acrylic sheets is expected to grow rapidly in North America due to the region's numerous infrastructure and building projects, especially in the US. The booming automotive sector in the area also makes a substantial contribution, as there is a growing need for strong, lightweight materials for automobile components. The advanced healthcare industry in North America also promotes the use of acrylic sheets in protective barriers and medical gadgets. Innovations in technology and a strong emphasis on sustainability help to expand the market further. With a strong economic base and ongoing industrial development, North America plays a significant role in the growth trajectory of the worldwide acrylic sheet market.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Acrylic Sheet market. The fast urbanization and infrastructural development in the Asia Pacific region, particularly in China and India, is expected to propel the expansion of the acrylic sheet market. The region's growing automotive sector needs robust and lightweight materials, which improves market opportunities. Furthermore, the demand for acrylic sheets in signs and display applications is growing due to the expansion of the retail and advertising industries. The expanding healthcare sector in the area increases the need for acrylic sheets in protective barriers and medical equipment. With strong economic expansion and expanding industrial activity, the Asia Pacific region is a major force behind the world market for acrylic sheets.

The current report Scope analyzes Acrylic Sheet Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Acrylic Sheet Market

According to Cognitive Market Research, the global Acrylic Sheet market size was estimated at USD 4951.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 1980.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Acrylic Sheet market with a market size of USD 1562.60 million in 2024 and is projected to grow at a CAGR of 5.2% during the forecast period. The US construction boom, which is being driven by both residential and commercial development projects, is one of the main factors driving the need for acrylic sheets.
• The Canada Acrylic Sheet market had a market share of USD 237.66 million in 2024 and is projected to grow at a CAGR of 6.2% during the forecast period. The need for acrylic sheets in windows, skylights, and insulation is driven by Canada's frigid environment and emphasis on energy conservation.
• The Mexico Acrylic Sheet market is projected to witness growth at a CAGR of 5.9% during the forecast period, with a market size of USD 180.22 million in 2024.

Europe Acrylic Sheet Market

According to Cognitive Market Research, the global Acrylic Sheet market size was estimated at USD 4951.2 Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD 1485.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.

• The United Kingdom Acrylic Sheet market had a market share of USD 249.54 million in 2024 and is projected to grow at a CAGR of 6.5% during the forecast period. Applications for acrylic sheets are made possible by public works and infrastructure projects funded by the government.
• The France Acrylic Sheet market is projected to witness growth at a CAGR of 4.9% during the forecast period, with a market size of USD 136.65 million in 2024.
• According to Cognitive Market Research, the German Acrylic Sheet market size was valued at USD 294.10 million in 2024 and is projected to grow at a CAGR of 5.9% during the forecast period. Acrylic sheets are widely used in the well-known German automotive sector for a variety of purposes, including interior design and lighting.
• The Italy Acrylic Sheet market is projected to witness growth at a CAGR of 5.1% during the forecast period, with a market size of USD 127.74 million in 2024.
• The Russian Acrylic Sheet market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 230.23 million in 2024.
• The Spain Acrylic Sheet market is projected to witness growth at a CAGR of 4.8% during the forecast period with a market size of USD 121.80 million in 2024
• The Luxembourg Acrylic Sheet market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD 46.05 million in 2024.
• The Portugal Acrylic Sheet market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 31.19 million in 2024.
• The Greece Acrylic Sheet market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD 17.82 million in 2024.
• Rest of Europe's Acrylic Sheet market is projected to witness growth at a CAGR of 4.4% during the forecast period, with a market size of USD 230.23 million in 2024.

Asia Pacific Acrylic Sheet Market

According to Cognitive Market Research, the global Acrylic Sheet market size was estimated at USD 4951.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1138.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.2% from 2024 to 2031.

• According to Cognitive Market Research, the China Acrylic Sheet market size was valued at USD 512.45 million in 2024 and is projected to grow at a CAGR of 8.7% during the forecast period. Acrylic sheets are used in the rapidly expanding electronics and appliance industries as coverings, components, and displays.
• The Japan Acrylic Sheet market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 157.15 million in 2024.
• The India Acrylic Sheet market had a market share of USD 136.65 million in 2024 and is projected to grow at a CAGR of 11.0% during the forecast period. The focus on renewable energy in India is opening up new applications for acrylic sheets, such as solar panels.
• The South Korean Acrylic Sheet market is projected to witness growth at a CAGR of 8.3% during the forecast period, with a market size of USD 113.88 million in 2024.
• The Australian Acrylic Sheet market is projected to witness growth at a CAGR of 8.9% during the forecast period, with a market size of USD 59.22 million in 2024.
• The South East Asia Acrylic Sheet market is projected to witness growth at a CAGR of 10.2% during the forecast period, with a market size of USD 78.58 million in 2024.
• The Rest of the Asia Pacific Acrylic Sheet market is projected to witness growth at a CAGR of 9.0% during the forecast period, with a market size of USD 80.85 million in 2024.

South America Acrylic Sheet Market

According to Cognitive Market Research, the global Acrylic Sheet market size was estimated at USD 4951.2 Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD 247.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.6% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Acrylic Sheet market size was valued at USD 105.96 million in 2024 and is projected to grow at a CAGR of 7.2% during the forecast period. The growing middle class is increasing the demand for better-quality products, many of which include acrylic sheets.
• Argentina's Acrylic Sheet market had a market share of USD 41.59 million in 2024 and is projected to grow at a CAGR of 7.5% during the forecast period. The market is expanding due to the use of new products and sophisticated manufacturing techniques.
• Colombia's Acrylic Sheet market is projected to witness growth at a CAGR of 6.4% during the forecast period, with a market size of USD 22.03 million in 2024.
• Peru's Acrylic Sheet market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 20.30 million in 2024.
• Chile's Acrylic Sheet market is projected to witness growth at a CAGR of 6.9% during the forecast period, with a market size of USD 17.82 million in 2024.
• The Rest of Latin America's Acrylic Sheet market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 39.86 million in 2024.

Middle East and Africa Acrylic Sheet Market

According to Cognitive Market Research, the global Acrylic Sheet market size was estimated at USD 4951.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 99.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.9% from 2024 to 2031..

• The GCC Countries Acrylic Sheet market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 42.38 million in 2024. The need for acrylic sheets in hotels, resorts, and other commercial establishments has been fuelled by the region's emphasis on tourism and hospitality.
• The Egypt Acrylic Sheet market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 10.40 million in 2024.
• The South African Acrylic Sheet market is projected to witness growth at a CAGR of 7.9% during the forecast period, with a market size of USD 15.65 million in 2024. Acrylic sheets are used in the mining and industrial sectors for a variety of purposes, such as illumination, enclosures, and protective shields.
• The Turkey Acrylic Sheet market is projected to witness growth at a CAGR of 6.4% during the forecast period, with a market size of USD 8.52 million in 2024.
• The Nigeria Acrylic Sheet market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD 10.40 million in 2024.
• The Rest of the MEA Acrylic Sheet market is projected to witness growth at a CAGR of 5.9% during the forecast period, with a market size of USD 11.68 million in 2024.

Acrylic Sheet Market Analysis

Acrylic Sheet Market Type Segment Analysis

According to Cognitive Market Research, Cell Cast Acrylic Sheet stands out as the dominant category over the projected period. Because of its outstanding qualities, the cell cast segment is being used more and more in picture frames, furniture, skylights, store displays, and fabricated medals and trophies. In addition, this segment offers a higher surface hardness than continuous cast and may be machined more cleanly. This material is being more widely used for a variety of purposes, such as interior architecture and design, accessories, and the automobile and transportation industries. Therefore, throughout the forecast period, these factors are anticipated to drive the expansion of this category, which will, in turn, drive the growth of the market.

Extruded Acrylic Sheet emerges as the fastest-growing category in the Acrylic Sheet market. Because of their affordable and adaptable qualities, extruded acrylic sheets are extensively employed. With their superior clarity and longevity for advertising panels and retail displays, they are frequently used in signage and display applications. They act as skylights, windows, and barrier guards during building. For lightweight parts like windshields and interior panels, the automotive industry uses them. Furthermore, as they are visually appealing and simple to fabricate, extruded acrylic sheets can be applied to furniture, interior design components, and a range of do-it-yourself projects.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Acrylic Sheet Industry. Request a Free Sample PDF!

Acrylic Sheet Market Application Segment Analysis

According to Cognitive Market Research, the dominant category is Construction and Architecture. Acrylic sheets are highly valued for their aesthetic appeal and versatility in the building and architectural industries. Because of their durability and clarity, they are used in skylights, windows, and facades. Applications for interior design include wall panels, partitions, and ornamental pieces that improve both usability and aesthetic appeal. Modern architecture projects that require creative, ecological, and affordable building materials are well-suited for acrylic sheets due to their lightweight nature and ease of installation.

The fastest-growing category in the Acrylic Sheet market is Automotive and Transportation. Because acrylic sheets are lightweight and impact-resistant, they are used in the automobile and transportation industries. They are frequently employed to improve safety and fuel economy in car windows, windshields, and sunroofs. Because acrylic sheets are clear and simple to form, they are also used in interior parts like dashboards and trim. They are appropriate for a variety of transportation uses because of their resilience to UV radiation and weathering, which enhances both their functional and visual attractiveness.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Acrylic Sheet Sales Channel Segment Analysis

Acrylic Sheet Market Sales Channel Segment Analysis

According to Cognitive Market Research, the dominant category is Direct. Direct sales channels are essential for reaching end users and enterprises in the acrylic sheet sector. Manufacturers frequently use direct sales to give technical help, offer specialized solutions, and forge closer bonds with their clients. Superior control over cost, quality, and delivery schedules is possible with this method. Through direct sales channels, manufacturers can also obtain input from the market and modify their products to suit individual client demands, increasing market satisfaction and efficiency overall.

The fastest-growing category in the Acrylic Sheet market is Indirect. This is due to retailers, distributors, and wholesalers being examples of indirect sales channels in the acrylic sheet industry. These middlemen let acrylic sheets reach a wider range of clients, such as end users and smaller enterprises. To give clients more options and convenience, they frequently offer a variety of items from different producers. Indirect sales channels enable producers to concentrate on production and innovation while utilizing established distribution networks. They also aid in inventory management, distribution optimization, and market presence expansion.

• Direct
• Indirect

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David Fuller

Senior Analyst at Cognitive Market Research

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I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building.

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