The Europe acrylic sheet market size is expected to reach USD 3.31 billion by 2030, registering a CAGR of 7.0% from 2024 to 2030. The rapid growth of the furniture industry in the region has been a major factor driving market growth. In addition, increasing application scope of the product in the automotive and transportation industry is slated to have positive impacts on the overall market growth over the projected period.
The increasing use of acrylic sheets in furniture and interior designing applications, such as modular kitchen panels, wardrobes, TV panels, and wall separators, in residential and commercial buildings is expected to drive the product demand significantly during the forecast period.
The use of acrylic sheets in automobiles for windows, rear-view mirrors, and lighting applications is expected to increase on account of improved light diffusion, optical clarity, and lightweight properties of the product. The rapid growth of the automotive industry in key economies such as Germany, France, and Spain, is expected to drive product demand over the coming years.
The industry is expected to grow at a CAGR of 5.2% in the furniture & design application owing to the increasing use of the product for enhancement of structural aesthetics. The presence of key industry players such as Ikea, with wide ranges of acrylic kitchen and home decor solutions, is expected to drive the overall industry demand over the forecast period.
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The increasing use of acrylic sheets in furniture and interior designing applications, such as modular kitchen panels, wardrobes, TV panels, and wall separators, in residential and commercial buildings is expected to drive the product demand significantly during the forecast period.
The use of acrylic sheets in automobiles for windows, rear-view mirrors, and lighting applications is expected to increase on account of improved light diffusion, optical clarity, and lightweight properties of the product. The rapid growth of the automotive industry in key economies such as Germany, France, and Spain, is expected to drive product demand over the coming years.
The industry is expected to grow at a CAGR of 5.2% in the furniture & design application owing to the increasing use of the product for enhancement of structural aesthetics. The presence of key industry players such as Ikea, with wide ranges of acrylic kitchen and home decor solutions, is expected to drive the overall industry demand over the forecast period.
Europe Acrylic Sheet Market Report Highlights
- The extruded segment dominated the market and accounted for a share of 57.0% in 2023, owing to the comparatively low costs and operational simplicity associated with the process
- The architecture and construction segment dominated the market in 2023. Acrylic sheets are gaining popularity in the construction industry owing to their remarkable versatility, aesthetics, and performance attributes.
- The furniture and design segment is anticipated to witness the fastest CAGR during the forecast period, owing to rapid urbanization.
- The Germany acrylic sheet market dominated the Europe region and accounted for a revenue share of 29.5% in 2023.
- The key strategies adopted by the industry players include distribution agreements and acquisitions. For instance, Polycasa Group was acquired by Schweiter Technologies, under 3A Composites, for product expansion in the visual communication & retail space
The leading players in the Europe Acrylic Sheet market include:
- Altuglas International
- Evonik Industries AG
- Mitsubishi Chemical Corporation
- 3A Composites GmbH
- Lucite International
- Schweiter Technologies AG
- Madreperla S.p.A.
- PyraSied Xtreme Acrylic
- Perspex International Ltd.
- Aristech Surfaces LLC (Trinseo)
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Europe Acrylic Sheet Market Variables, Trends, & Scope
Chapter 4. Europe Acrylic Sheet Market: Technology Estimates & Trend Analysis
Chapter 5. Europe Acrylic Sheet Application Estimates & Trend Analysis
Chapter 6. Europe Acrylic Sheet Market: Country Estimates & Trend Analysis
Chapter 7. Competitive Landscape
Companies Mentioned
The leading players in the Europe Acrylic Sheet market include:- Altuglas International
- Evonik Industries AG
- Mitsubishi Chemical Corporation
- 3A Composites GmbH
- Lucite International
- Schweiter Technologies AG
- Madreperla S.p.A.
- PyraSied Xtreme Acrylic
- Perspex International Ltd.
- Aristech Surfaces LLC (Trinseo)
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 80 |
| Published | September 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 2.07 Billion |
| Forecasted Market Value ( USD | $ 3.31 Billion |
| Compound Annual Growth Rate | 7.0% |
| Regions Covered | Europe |
| No. of Companies Mentioned | 11 |
