Global Cast Acrylic Sheets Market

Cast Acrylic Sheets Market Size, Share, Growth Analysis, By Type(Continuous Cast Acrylic Sheet, and Cell Cast Acrylic Sheet), By Thickness(0.08 inches & below, 0.09 to 0.30 inches), By Application(Signage & Display, Automotive) - Industry Forecast 2024-2031

Report ID: SQMIG15G2086 | Region: Global | Published Date: March, 2024
Pages: 157 | Tables: 92 | Figures: 76

Cast Acrylic Sheets Market News

  • April 2023: Plaskolite LLC, a distinguished international manufacturer of engineering thermoplastics, has officially entered into a settlement to gather a facility in Matamoros, Mexico. This acquisition includes the land, buildings, and system of the facility from Trinseo (NYSE: TSE), an issuer of area of expertise material solutions.
  • Aristech Surfaces LLC became received through Trinseo for USD 445 Million. The deal emerged on money owed of Falcon Private Holdings. It became to extend Trinseo's polymer resins and plastic sheets enterprise portfolio with the existing body of workers and management of Aristech Surfaces LLC with a USD 1.Four Billion valuation.
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Cast Acrylic Sheets Market size was valued at USD 2.97 billion in 2022 and is poised to grow from USD 3.12 billion in 2023 to USD 5.23 billion by 2031, growing at a CAGR of 5.52% in the forecast period (2024-2031).

The aggressive surroundings of the Cast Acrylic Sheets marketplace is dynamic and characterised with the aid of the presence of key players vying for market proportion. Established organizations within the industry leverage techniques inclusive of product innovation, strategic partnerships, and mergers and acquisitions to strengthen their market position. Additionally, the market is witnessing elevated opposition from local and neighborhood producers supplying cost-powerful options. 'Mitsubishi Chemical Corporation (Japan)', '3A Composites (Switzerland)', 'Altuglas International (France)', 'Aristech Acrylics (US)', 'Madreperla (Italy)', 'Gevacril (US)', 'Polyplastic', 'Acrilex, Inc.', 'Margacipta Wirasentosa (Indonesia)', 'ALTUGLAS INTERNATIONAL SA', 'Grupo Irpen', 'Astari Niagra (Indonesia)', 'Spartech (US)', 'Asia Poly (Malaysia)', 'Evonik Industries AG', 'Trinseo', 'PLASKOLITE', 'A&C Plastics, Inc.', 'Sumitomo Chemical India Ltd.', 'Röhm Clamping'

The growing demand from quit-use industries together with construction, car, and electronics is a first-rate driving pressure. Cast acrylic sheets are favored for their optical readability, light-weight nature, and awesome UV resistance, making them a really perfect desire for applications requiring transparency and sturdiness. Additionally, the growing fashion closer to sustainable and energy-efficient construction materials has boosted the adoption of cast acrylic sheets in architectural programs.

Rising Preference for Sustainable and Eco-Friendly Acrylic Solutions: The increasing choice for sustainable and green acrylic answers. As environmental awareness grows, manufacturers are exploring greener options and adopting recycling projects in acrylic sheet manufacturing. Another full-size fashion is the rising demand for custom designed and area of expertise acrylic sheets.

Asia-Pacific is in all likelihood to dominate the solid acrylic sheets marketplace due to fast industrialization, urbanization, and growing construction sports in international locations like China and India. The growing automotive and electronics industries within the place similarly contribute to the demand for cast acrylic sheets.

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Global Cast Acrylic Sheets Market

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