Market Snapshot:
Cast Acrylic could be a variety of poly (methyl methacrylate) (PMMA). It is shaped by casting the compound, methyl group methacrylate, mixed with initiators and presumably alternative additives into a form or mold. Sheet and rod stock are generated by casting into static forms, whereas the tube is finished in motility molds.
Market Drivers
- Rising Demand for Display Screens, Cover Panels and Touchscreens
- Rise in Demand for Lightweight Material in Automotive and Development of High Transportation Infrastructures Such as Bus Stands, Modernization of Railway Station and Airports
Market Trend
- Rising R&D and Innovation in Nano-structuring Acrylic Sheets to Maximise the Characteristics
Restraints
- Easy Scratches, Prone to Matting and Staining may Hamper the Market due to Frequent Need of Replacements and Maintenance
Opportunities
Rise in Applications in the Acrylic Sheets in Point of Sale and Automotive Industry due to Easy Moulding and Colourisation of the Tints
Vendors Covered in the Study are:
Mitsubishi Chemical Corporation (Japan), 3A Composites (Switzerland), Altuglas International (France), Aristech Acrylics (United States), Madreperla (Italy), Gevacril (United States), Margacipta Wirasentosa (Indonesia), Astari Niagra (Indonesia), Spartech (United States) and Asia Poly (Malaysia)
The Global Cast Acrylic Sheets market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
Industry Insights:
In 2018, Schweiter Technologies (Parent Company of 3M Composites) acquired Lucite International’s acrylic sheet business and distribution company Perspex Distribution. This acquisition will aim to “further strengthen” its position in the acrylic sheets market.
What can be explored with Cast Acrylic Sheets study:
• Where Cast Acrylic Sheets industry stands in scaling its end use implementations
• What concrete benefits would result from scaled initiatives by Vendors
• Where Vendors should focus their investments cycle
• Key success factors and recommendations for upscaling future growth.
• Target Market / Country and Key Business Segments
Available Customization:
List of players that can be included in the study on immediate basis are Ray Chung Acrylic Enterprise (Taiwan), GRUPO IRPEN (Spain), Polyplastic (Netherland), Jokema Industry (Taiwan) and Acrilex (United States).