Industry Background:
Corian acrylic solid surface is an advanced composite product majorly used as architectural and design material in residential and commercial areas. It provides design versatility, functionality, and durability. It is majorly accepted for countertops, vanity tops, tub/shower walls, kitchen sinks, and others. The major reasons behind its high adoption rate, it has a live a long time and easy to maintain. The cost of the Corian acrylic solid surface is varied with the color, thickness, width and other parameters.This growth is primarily driven by Increasing Demand for Solid Surface in Emerging Countries
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Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Leisure Products sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as DuPont (United States), Lion Chemtech (South Korea), LG Hausys (South Korea), DURASEIN (United States), Aristech Surfaces (United States), Swan Surfaces, LLC (United States), Wilsonart (United States), Monerte Surfaces Materials (China), Guangzhou Gelandi New Material Co., Ltd (China) and KingKonree International (China), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
The global Corian Acrylic Solid Surface market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability.
Influencing Trend:
High Adoption from Residential Sector and Growing Demand for Exterior Walls of Houses
Market Growth Drivers:
Increasing Demand for Solid Surface in Emerging Countries, Rapid Advancement in Commercial Sector and Increasing Number Of Bar and Restaurants
Challenges:
High Manufacturing Cost and Short Life Cycle
Restraints:
Fluctuation in Foreign Currency Exchange Rates
Opportunities:
Growing Demographic Income in Emerging Economies and Increasing Number of Manufacturers
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Corian Acrylic Solid Surface Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Corian Acrylic Solid Surface Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Corian Acrylic Solid Surface players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Corian Acrylic Solid Surface Study Sheds Light on
The Corian Acrylic Solid Surface Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Corian Acrylic Solid Surface industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Corian Acrylic Solid Surface industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.