Global Acrylic Solid Surface Market, By Product Type (Casting Molding Solid Surface, Extrusion Molding Solid Surface), Application (Commercial, Residential), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The acrylic solid surface market will grow at a rate of 3.55% for the forecast period of 2021 to 2028. Rise in the construction on a global-scale, both in the residential and commercial sectors is a vital factor driving the growth of acrylic solid surface market.
Acrylic solid surface is defined as a man-made material which is composed of alumina trihydrate (ATH), acrylic, epoxy or polyester resins and pigments. It is generally used in seamless countertop installations and can be heated and bent in three-dimensional shapes through a process known as thermoforming.
Increase in the use of aesthetically appealing designs with various colours and shapes to beautify homes is the vital factor escalating the market growth, also rise in the rapid urbanization in non-residential units such as corporate offices, public toilets, malls and shopping complexes, hospitals, and schools and rise in the industrialization in some parts of the world are the major factors among others driving the acrylic solid surface market. Moreover, rise in the research and development activities in the market and rise in the demand from emerging economies will further create new opportunities for the acrylic solid surface market in the forecast period of 2021- 2028.
However, increased cost of finished products is the major factors among others acting as a restraint, and will further challenge the growth of acrylic solid surface market in the forecast period mentioned above.
This acrylic solid surface market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the acrylic solid surface market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Acrylic Solid Surface Market Scope and Market Size
The acrylic solid surface market is segmented on the basis of product type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on product type, the acrylic solid surface market is segmented into casting molding solid surface and extrusion molding solid surface.
- The acrylic solid surface market is also segmented on the basis of application into commercial and residential.
Acrylic Solid Surface Market Country Level Analysis
The acrylic solid surface market is analysed and market size, volume information is provided by country, product type and application as referenced above.
The countries covered in the acrylic solid surface market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the acrylic solid surface market due to large presence of key market players along with increasing construction activities in both the residential and commercial sectors in this region.
The country section of the acrylic solid surface market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Acrylic Solid Surface Market Share Analysis
The acrylic solid surface market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to acrylic solid surface market.
The major players covered in the acrylic solid surface market report are DuPont, LG HAUSYS, Hanwha Group, LOTTE Chemical CORPORATION, Durasein, ARISTECH SURFACES LLC, Wilsonart LLC, Guangzhou Gelandi New Material Co., Ltd, Guangdong Fusheng new materials, Kingkonree International China Surface Industrial Co., Ltd, SYSTEMPOOL and Umiya Carbon Private Limited among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.