DUBLIN--(BUSINESS WIRE)--The "Cast Acrylic Sheets Market by Type (Cell, and Continuous), Application (Sanitary Ware, Signage & Display, Architecture & Interior Design, Automotive & Transportation), and Region (APAC, EU, NA, MEA, and SA)- Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The cast acrylic sheets market size is projected to grow from USD 3.31 Billion in 2017 to reach USD 4.38 Billion by 2022, at a CAGR of 5.8% during the forecast period.
The cast acrylic sheets market has been segmented on the basis of type into cell cast acrylic sheet and continuous cast acrylic sheet. The cell cast acrylic sheets are most widely used. There is a high demand for cast acrylic sheets for various applications due to its better quality as compared to continuous cast acrylic sheets.
Among applications, signage & display is estimated to remain the largest application segment of the cast acrylic sheets market during the forecast period. Cast acrylic sheets are a cost-effective substitute for polycarbonate sheets used in signage & display applications. In addition, they are lighter as compared to glass. The increasing use of cast acrylic sheets in point of purchase and displays to increase brand awareness, product credibility, and sales are expected to drive the cast acrylic sheets market in APAC and the Middle East & Africa. Increased advertising spend and significant growth of the retail industry is expected to fuel the demand for cast acrylic sheets market in signage & display.
Companies operating in the cast acrylic sheets market are investing to increase their product portfolios, along with improvements in distribution networks. They have adopted strategies such as mergers & acquisitions, new product developments, joint ventures, and expansions to cater to the increasing demand for cast acrylic sheets from different regions. Altuglas International (France), Aristech Acrylics (US), Evonik (Germany), Mitsubishi Chemical (Japan), and 3A Composites (Germany) are some of the companies operating in the cast acrylic sheets market.
In 2017, Evonik started the construction of a new stretching and polishing plant at its Weiterstadt site in Germany. With this expansion, the company aims to cover the complete value chain of the cast and stretched PMMA sheets for the aviation industry. In the same year, Altuglas International launched a new range of acrylic sheets under the brand name, Altuglas Metallic & Iridescent.
- 3A Composites GmbH
- Altuglas International
- Aristech Acrylics
- Asia Poly Industrial
- Astari Niagara
- Grupo Irpen
- Jokema Industry
- Margacipta Wirasentosa
- Mitsubishi Chemical Corporation
- Pyrasied Xtreme Acrylic
- Ray Chung Acrylic Enterprise
- Shanghai Acrylic (Cast) Chemical Corporation
- Thai MMA Co. Ltd.
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Premium Insights
5. Market Overview
6. Cast Acrylic Sheets Market, By Type
7. Cast Acrylic Sheets Market, By Application
8. Cast Acrylic Sheets Market, By Region
9. Competitive Landscape
10. Company Profiles
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