Market Overview:
The global automotive acrylic sheets market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. In terms of type, extruded acrylic sheet is expected to dominate the market during the forecast period, followed by cast acrylic sheet. Extruded acrylic sheet is mainly used in manufacturing windshields, side windows, and rear windows for passenger cars. Cast acrylic sheet is mainly used in manufacturing headlamps, taillights, and mirror housings for commercial vehicles. In terms of application, passenger car segment is expected to dominate the market during the forecast period followed by commercial vehicle segment.
Product Definition:
Automotive Acrylic Sheets are used as a material in the manufacture of automotive components and assemblies. It is important because it can be molded into complex shapes, is strong and lightweight, and can be transparent or colored.
Extruded Acrylic Sheet:
Extruded acrylic sheet is a thin, strong, and clear plastic film that can be extruded in any shape. It has several applications including windows, greenhouse films, shower curtains & door panels (interior & exterior), boats' hulls and car bodies. The product also finds application as an adhesive tape on account of its superior properties such as water resistance along with the ability to adhere to clean surfaces.
Cast Acrylic Sheet:
Cast acrylic sheet is a thin panel made from polymer and has high impact strength. It is used in automotive body parts, such as bumpers, roof rails, doorsills and others to give them extra thickness for better stiffness. The product also offers resistance to chemicals & moisture making it suitable for usage in the automotive industry.
Application Insights:
The passenger car segment accounted for the largest share of over 60.0% in 2017 and is expected to continue its dominance over the forecast period. The growing demand for lightweight materials with superior mechanical properties has been a major factor driving the product demand in this segment. In addition, rising consumer preference for aesthetic interiors coupled with increasing sales of premium cars is expected to propel market growth over the forecast period.
Commercial vehicle application was estimated at USD 1,252.5 million in 2017 and is projected to witness significant growth owing to rising utilization of acrylic sheets as flooring material within refrigerated warehouses and cold storage facilities, which are used across various industries including food & beverage and pharmaceuticals among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% of total volume in 2017 owing to increasing demand from key application sectors, such as passenger cars and commercial vehicles. China is projected to remain a key consumer due to rapid industrialization along with growing automotive industry at home.
The European market was valued at USD X million in 2017 and is anticipated to witness steady growth over the forecast period owing to rising product demand from several countries including Germany, France, Italy and U.K., which are major consumers across Europe. Moreover, stringent regulations regarding fuel emissions by various regulatory bodies like EEA are likely boost product demand across this region over the coming years.
Growth Factors:
- Increasing demand for lightweight and fuel-efficient vehicles: Automotive acrylic sheets are used in a variety of applications such as headlamps, taillights, sunroofs, and side mirrors. They are also used in the manufacture of interior trim components such as door panels, instrument panels, and center consoles. The growing demand for lightweight and fuel-efficient vehicles is expected to drive the growth of the automotive acrylic sheets market during the forecast period.
- Rising demand from emerging markets: The automotive industry is witnessing significant growth in emerging markets such as China and India due to rising income levels and changing consumer preferences. This is expected to boost the demand for automotive acrylic sheets during the forecast period.
- Growing popularity of luxury cars: The global luxury car market is growing at a rapid pace due to increasing disposable income among consumers worldwide. This is expected to create opportunities for players operating in the automotive acrylic sheets market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Acrylic Sheets Market Research Report
By Type
Extruded Acrylic Sheet, Cast Acrylic Sheet
By Application
Passenger Car, Commercial Vehicle
By Companies
Evonik, Mitsubishi Chemical, Altuglas (Arkema), Schweiter Technologies, Plaskolite, Taixing Donchamp, Unigel Group, Jiangxi Oulida, Jumei, Jiushixing, Techmerge, Shen Chuen Acrylic, Raychung Acrylic, Asia Poly, Elastin, GARY Acrylic Xishun, Chi Mei, Palram, Plazit-Polygal
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Acrylic Sheets Market Report Segments:
The global Automotive Acrylic Sheets market is segmented on the basis of:
Types
Extruded Acrylic Sheet, Cast Acrylic Sheet
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Car, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Evonik
- Mitsubishi Chemical
- Altuglas (Arkema)
- Schweiter Technologies
- Plaskolite
- Taixing Donchamp
- Unigel Group
- Jiangxi Oulida
- Jumei
- Jiushixing
- Techmerge
- Shen Chuen Acrylic
- Raychung Acrylic
- Asia Poly
- Elastin
- GARY Acrylic Xishun
- Chi Mei
- Palram
- Plazit-Polygal
Highlights of The Automotive Acrylic Sheets Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Extruded Acrylic Sheet
- Cast Acrylic Sheet
- By Application:
- Passenger Car
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Acrylic Sheets Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive acrylic sheets are a type of sheet plastic that is used in the manufacturing of car parts and other automotive products. These sheets are made from a polymer material that is heated until it becomes liquid, then it is poured into molds to create various shapes and sizes. Automotive acrylic sheets can be clear or colored, and they are often used to create window panes or dashboard surfaces.
Some of the key players operating in the automotive acrylic sheets market are Evonik, Mitsubishi Chemical, Altuglas (Arkema), Schweiter Technologies, Plaskolite, Taixing Donchamp, Unigel Group, Jiangxi Oulida, Jumei, Jiushixing, Techmerge, Shen Chuen Acrylic, Raychung Acrylic, Asia Poly, Elastin, GARY Acrylic Xishun, Chi Mei, Palram, Plazit-Polygal.
The automotive acrylic sheets market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Acrylic Sheets Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Acrylic Sheets Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Acrylic Sheets Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Acrylic Sheets Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Acrylic Sheets Market Size & Forecast, 2018-2028
4.5.1 Automotive Acrylic Sheets Market Size and Y-o-Y Growth
4.5.2 Automotive Acrylic Sheets Market Absolute $ Opportunity
Chapter 5 Global Automotive Acrylic Sheets Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Acrylic Sheets Market Size Forecast by Type
5.2.1 Extruded Acrylic Sheet
5.2.2 Cast Acrylic Sheet
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Acrylic Sheets Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Acrylic Sheets Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Acrylic Sheets Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Acrylic Sheets Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Acrylic Sheets Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Acrylic Sheets Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Acrylic Sheets Market Size Forecast by Type
9.6.1 Extruded Acrylic Sheet
9.6.2 Cast Acrylic Sheet
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Acrylic Sheets Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Acrylic Sheets Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Acrylic Sheets Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Acrylic Sheets Market Size Forecast by Type
10.6.1 Extruded Acrylic Sheet
10.6.2 Cast Acrylic Sheet
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Acrylic Sheets Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Acrylic Sheets Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Acrylic Sheets Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Acrylic Sheets Market Size Forecast by Type
11.6.1 Extruded Acrylic Sheet
11.6.2 Cast Acrylic Sheet
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Acrylic Sheets Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Acrylic Sheets Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Acrylic Sheets Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Acrylic Sheets Market Size Forecast by Type
12.6.1 Extruded Acrylic Sheet
12.6.2 Cast Acrylic Sheet
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Acrylic Sheets Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Acrylic Sheets Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Acrylic Sheets Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Acrylic Sheets Market Size Forecast by Type
13.6.1 Extruded Acrylic Sheet
13.6.2 Cast Acrylic Sheet
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Acrylic Sheets Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Acrylic Sheets Market: Competitive Dashboard
14.2 Global Automotive Acrylic Sheets Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Evonik
14.3.2 Mitsubishi Chemical
14.3.3 Altuglas (Arkema)
14.3.4 Schweiter Technologies
14.3.5 Plaskolite
14.3.6 Taixing Donchamp
14.3.7 Unigel Group
14.3.8 Jiangxi Oulida
14.3.9 Jumei
14.3.10 Jiushixing
14.3.11 Techmerge
14.3.12 Shen Chuen Acrylic
14.3.13 Raychung Acrylic
14.3.14 Asia Poly
14.3.15 Elastin
14.3.16 GARY Acrylic Xishun
14.3.17 Chi Mei
14.3.18 Palram
14.3.19 Plazit-Polygal
