The global Acrylic Glass Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 5.0% during the review period (2022 to 2027)
Acrylic Glass Market Overview
An acrylic Glass is a fiber sheet manufactured by using two and more derivatives of acrylic acid. Polymethyl methacrylate acrylic is one of the mostly used forms of acrylic. It is used largely, owing to its unique features such as weather-ability and versatility. Acrylic Glass can be colored or tinted, mirrored or made opaque. A large number of coatings are applied onto these Glass for enhancing their finish, scratch resistance, and solar reflectivity. High strength, light weight, clarity, anti-fogging property, and glare reduction are some of the important features of acrylic Glass. Acrylic Glass can be molded into any shape by heating at high temperatures. This factor also fuels the demand for acrylic Glass. Also, growing industrialization and urbanization indirectly drive the demand for acrylic sheets. Companies operating in the worldwide acrylic sheets market are investing to expand their product portfolios and improve their distribution networks. They have adopted strategies such as mergers and acquisitions, development of new products, joint ventures, and expansions to cater to the growing demand for acrylic sheets in different regions. Acrylic Glass are increasingly being used for many conventional, including production of windows, wall partitions, lighting fixtures, acrylic mirrors, shelves, pole signs, screen protectors for tv screens, as well as unconventional applications, including handcrafts, aquariums, and helmets.
Industry News
In June 2021, Aristech Surfaces LLC was acquired by Trinseo for USD 445 Million. The deal emerged on accounts of Falcon Private Holdings. This was to expand Trinseo’s polymer resins and plastic sheets business portfolio with existing workforce and management of Aristech Surfaces LLC with a valuation of USD 1.4 Billion globally.
In March 2018, As of 2018, Evonik Industries had set up a wholly owned subsidiary in Africa without any joint venture. The specialty plastics formulator is a result of Ampa Plastics Group liquidation in 2017 and the currently established firm works towards improvising and delivering high-quality acrylic sheet products across MEA region.
What are the major Applications, Types and Regions for Acrylic Glass Market?
By Type, it is segmented int
- Cell Cast Acrylic Glass
- Continuous Cast Acrylic Glass
- Extruded Cast Acrylic Glass
- Others
By Applications it is segmented into
- Automotive and Transport
- Construction
- Light and Signage
- Others
Acrylic Glass Market Regional Analysis
Asia Pacific emerged to be the major market in the ecosystem due to increased penetration of plastic formulators across key countries of the region including China, Japan, and India. Europe and North America were the other key regions reflecting high-level of market penetration and market revolution. The end-use markets are rapidly rising across these regions, however, increasing government involvement is one of the factors restraining acrylic sheet market growth across these regions. Numerous government agencies as well as environmental agencies are highly observant of the utilization, movement, and disposal of plastics and plastic components in these regions.
North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The Acrylic Glass Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Acrylic Glass Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Acrylic Glass Market Report Scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 5.0% during the review period (2022 to 2027).
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By Type
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- Cell Cast Acrylic Glass
- Continuous Cast Acrylic Glass
- Extruded Cast Acrylic Glass
- Others
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By Application
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- Automotive and Transport
- Construction
- Light and Signage
- Others
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By Companies
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Evonik, Mitsubishi Rayon, Altuglas (Arkema), Polycasa, Plaskolite, Taixing Donchamp, Unigel Group, Jumei, Shen Chuen Acrylic, Raychung Acrylic, Asia Poly, Elastin, GARY Acrylic Xishun, MARGACIPTA WIRASENTOSA
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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109
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Acrylic Glass Report
- Evaluate Acrylic Glass market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Acrylic Glass market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
FAQ -
What is the study period of this market?
The Acrylic Glass Market is studied from 2017 - 2027.
What is the growth rate of Acrylic Glass Market?
The Acrylic Glass Market is growing at a CAGR of 5.0% over the next 5 years.
What regions does this Acrylic Glass Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
