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Extruded Acrylic Market Report 2019 Forecasting Very High CAGR Growth by 2026: Mitsubishi Chemical Corporation, Altuglas, 3A Composites, Plaskolite and Taixing Donchamp, Perspex International, A&C Plastics

05-13-2019 01:58 PM CET | Industry, Real Estate & Construction

Press release from: Data Bridge Market Research

Extruded Acrylic Market Report 2019 Forecasting Very High CAGR

Acrylic Sheet is a fibre plastic sheet composed of two and more derivatives of acrylic acid. It possesses the ability of versatility. It can be coloured or tinted which enhances the finishing, scratch resistance and solar reflectivity.

Market Analysis:
Global Extruded Acrylic Market is expected to grow with a moderate CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the growing demand of acrylic sheet as alternative of glass in various applications.

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Key Market Competitors:
Few of the major competitors currently working in extruded acrylic market are Mitsubishi Chemical Corporation, Altuglas (Arkema), 3A Composites GmbH, Plaskolite and Taixing Donchamp, Perspex International, A&C Plastics, Inc., Piedmont Plastics, BASF SE, EVONIK INDUSTRIES AG, PT Astari Niagara International, ARISTECH SURFACES LLC, MARGACIPTA WIRASENTOSA, Plaskolite, PT Astari Niagara Internasional, LEI MEI ACRYLIC (DONGGUAN) CO., LTD., Preferred Plastics, Inc., Italplastics GmbH, TAP Plastics, Ingemanncomponents

Key Developments in the Market:
• In October 2018, Trinseo a global materials solutions provider and manufacturer of plastics. Introduce four new series of thermoplastic elastomers specifically developed for automotive applications which will offer improved adhesion to Trinseo’s MAGNUMTM ABS and PULSETM PC/ABS product range

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Market Drivers:
• Growing Industrialization and urbanization are boosting the demand of extruded acrylic sheet
• The features such as high strength, light weight, clarity, resistance proof, anti-fogging and glare reduction are the key factors that accelerate the market
Market Restraints:
• It is very difficult to recycle as it is non-biodegradable products and therefore more expensive to recycle

Segmentation: Global Extruded Acrylic Market
By Type
Sheet, Pipe and Tube, ROD, Others
By Distribution Channel
E-Commerce, B2B Sales, Brick & Mortar Store, Others
By Application
Glazing Sheet, Signage Sheet, Furniture, Display, Others
By Geography
North America, South America, Europe, Asia-Pacific, Middle East and Africa

Competitive Analysis:
Global Extruded Acrylic Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of potato starch market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Data bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune. We ponder into the heterogeneous markets in accord with our clients needs and scoop out the best possible solutions and detailed information about the market trends. Data Bridge delve into the markets across Asia, North America, South America, Africa to name few.

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