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- Global Acrylic Solid Surface Market Analysis, Drivers, Restraints, Opportunities, Trends, Applications, And Growth Forecast: 2018 To 2029
Global Acrylic Solid Surface Market Analysis, Drivers, Restraints, Opportunities, Trends, Applications, And Growth Forecast: 2018 To 2029
- TBI375548
- May 28, 2022
- Global
- 200 pages
- IFF Market Research
Global Acrylic Solid Surface Market 2021: By Product Type (Casting Molding Solid Surface, Extrusion Molding Solid Surface), By Application (Commercial, Residential)
Global Acrylic Solid Surface Market is an upcoming report by Trusted Business Insights. The acrylic solid surface market segmentation allows for deeper understanding and thought, to decisively assess, analyze, and study. Apart from revenues for global, regional, and country-wise segments, market revenue segmentation will be anthologized in a fastidious manner for clear understanding and flow. The analysis will be conducted using expert opinions and inputs, as well as thorough primary and secondary research efforts to establish aspects of the acrylic solid surface market. The global acrylic solid surface market report will be segmented on the basis of product type, application as well as region and countries.Request Covid - 19 Impact
The Global Acrylic Solid Surface market size was valued at USD $1893.04 Million in 2020, USD $1976.34 Million in 2021, forecasted to reach USD $2063.3 Million in 2022, and is projected to reach USD $2894.48 Million by 2030, and is anticipated to expand at a CAGR of 4.4% over the forecast period from 2020 to 2030.
Overview:
An acrylic solid surface is a man-made material that is composed of acrylic, alumina trihydrate (ATH), epoxy or polyester resins and pigments. It is most commonly used in seamless countertop installations. Depending on the type of application and market requirement, these solid surfaces usually have thicknesses of 3mm, 6mm, 12mm, etc. They can be heated and bent in three-dimensional shapes through a process known as thermoforming.
Dynamics:
Due to the several advantages of acrylic solid surface products such as increased durability, non-porous structure, cost-effectiveness when compared to other materials, etc. it has been employed in several applications in both the residential and commercial sectors. They come in a variety of colors and are used for indoor as well as outdoor purposes.
Increasing construction on a global-scale, both in the residential and commercial sectors is leading to an increase in the demand for acrylic solid surface products. This is subsequently contributing significantly to revenue growth of the global acrylic solid surface market.
The global acrylic solid surface market is segmented on the basis of product type, application, as well as regions and countries.
In terms of product type, the market is segmented into casting molding solid surface and extrusion molding solid surface segments. The casting molding solid surface segment accounted for the majority market revenue share and is projected to register the highest revenue growth over the next ten years. With respect to application, the global acrylic solid surface market is segmented into residential and commercial segments. The commercial segment accounted for the majority revenue share of the global acrylic solid surface market.
Regional Analysis:
North America accounted for the majority share of the global acrylic solid surface market followed by APAC due to the large presence of key market players as well as increasing construction activities in both the residential and commercial sectors.
Below are the leading companies profiled in this Acrylic Solid Surface Market Report:
- Aristech Surfaces LLC
- Dow DuPont Inc.
- Durasein
- Gelandi
- Guangdong Fusheng Innovative Material Technologies Ltd.
- Guangzhou Gelandi New Material Co.Ltd
- Hanwha Group
- Hanwha L&C Corporation
- J.M. Huber Corporation
- Kingkonree International China Surface Industrial Co.
- LG Hausys Ltd.
- Lion Chemtech Co. Ltd.
- Lotte Chemical Corporation
- M. Huber Corporation
- Monerte Surfaces Materials
- Relang International LLC
- Swan Surfaces LLC
- SYSTEMPOOL S.A.
- Umiya Carbon Private Limited
- Wilsonart LLC
Global Acrylic Solid Surface Market Segmentation:
By Product Type
- Casting Molding Solid Surface
- Extrusion Molding Solid Surface
By Application
This research comprehensively answers the following 9 important questions:
- Q.1. What are some of the most promising growth trends in the Acrylic Solid Surface market worldwide?
- Q.2.Which segments and sub-segments will grow at a faster pace and why? Which segment is nearing the peak and demand saturation?
- Q.3.Which region will witness a higher growth rate and why? Which region might see a slower or negative growth region?
- Q.4.What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in Acrylic Solid Surface market?
- Q.5.What are the business risks and who pose challenges to the global leaders and are competitive threats in this Acrylic Solid Surface market?
- Q.6.What are the emerging trends post COVID-19 reshuffle in this Acrylic Solid Surface market and the what are reasons behind these trends and do they translate in global exploration?
- Q.7. Who are the major global and regional players in the Acrylic Solid Surface market? Which are the strategic initiatives key players are pursuing for business growth?
- Q.8.Which are the competing products in Acrylic Solid Surface market and how big of a threat do they pose for loss of market share by material or product substitution?
- Q.9.What M & A activity has occurred in the last 5 years and what is its impact on the Acrylic Solid Surface industry?
Chapter 1 Methodology and Scope
- 1.1 Market definitions
- 1.2 Base estimation & working
- 1.2.1 North America
- 1.2.2 Europe
- 1.2.3 APAC
- 1.2.4 LATAM
- 1.2.5 MEA
- 1.3 Forecast calculation
- 1.3.1 COVID-19 impact calculations on industry forecast
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
- Chapter 2 Executive Summary
- 2.1 Acrylic Solid Surface industry 360° synopsis, 2017 - 2028
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