Market Overview:
The global optical acrylic sheet market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electronic equipment, precision instruments, mobile communications and optical accessories. Additionally, the growing awareness about the benefits of using optical acrylic sheets is also contributing to the growth of this market.
Product Definition:
Optical acrylic sheet is a type of transparent plastic sheet that is used to make windows, display cases, and other architectural features. It has high optical clarity and can be cut or molded into a variety of shapes. Optical acrylic sheet is important because it allows light to pass through while still providing some privacy and security.
Extruded Acrylic Sheet:
Extruded acrylic sheet is a thin, transparent plastic film that can be used in applications where optical clarity is required. It has high transparency and low refractive index which makes it suitable for use as an optical material. The product finds application in the packaging industry, primarily for the production of containers and lids.
Cast Acrylic Sheet:
Cast acrylic sheet is a type of cast polymer sheet, which is used in various applications such as optical and electronic sheets. Optical acryic sheets are widely used in the packaging industry for food containers and beverage bottles. They have high impact strength, excellent barrier properties against water vapor and gas, low coefficient of friction, good thermal stability & heat resistance along with being able to withstand high temperatures.
Application Insights:
The global optical acrylic sheet market is segmented by application into electronic equipment, precision instruments, mobile communications, and optical accessories. The electronic equipment application segment dominated the overall industry in terms of revenue share in 2017. This high share is attributable to the growing demand for smartphones and other related devices across the globe. Optical acrylic sheets are used as a substrate material for manufacturing various components including display screens, lenses, bezels on laptops & notebooks etc.
Precision instruments was another prominent application segment accounting for over 15% of total volume in 2017 owing to rising demand from industrial applications such as measuring tools utilized in production lines at factories along with medical uses such as clinical thermometers which measure temperature using lasers or light waves etc. Mobile communications followed next with over 14% of total volume sales recorded that year followed by optical accessories at over 9%.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand from end-use industries such as electronics, precision instruments, optical accessories, mobile phones and automotive. China is one of the largest producers of these products owing to easy availability of raw materials coupled with cheap labor cost.
The European regional market accounted for a significant share in terms of volume due to high demand from automobile industry for interior applications along with other applications such as electronic equipment and precision instruments. In addition, growing trend towards eco-friendly products by using recycled plastics will have a positive impact on product demand over the next eight years.
Growth Factors:
- Increasing demand from the automotive industry for optical acrylic sheet as a replacement for glass in windshields and side windows.
- Growing demand from the construction industry for optical acrylic sheet as a replacement for traditional glass in windowpanes, skylights, and doors.
- Rising popularity of LED lighting, which requires light diffusion materials such as optical acrylic sheet to achieve even illumination without hotspots or glare.
- Proliferation of digital signage and other illuminated advertising displays, which also require light diffusion materials like optical acrylic sheet to create uniformly bright images without pixelation or hot spots.
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Acrylic Sheet Market Research Report
By Type
Extruded Acrylic Sheet, Cast Acrylic Sheet
By Application
Electronic Equipment, Precision Instruments, Mobile Communications, Optical Accessories
By Companies
Evonik, Mitsubishi Rayon, Altuglas (Arkema), Plaskolite, 3A Composites, Atohaas, Huntsman, Rohm, Asia Poly Industrial Sdn Bhd., Jumei, Evonik, Chi Mei Corporation, Zhejiang Shenmei Acrylic, Heilongjiang Zhongmeng Longxin Chemical Co., Ltd., Chengdu Acrylic Plate Industry Co., Ltd., Tomson Acrylic, Quzhou Ruibao Acrylic Co., Ltd., Shenzhen Xintao Acrylic
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
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Optical Acrylic Sheet Market Report Segments:
The global Optical Acrylic Sheet 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
Electronic Equipment, Precision Instruments, Mobile Communications, Optical Accessories
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 Rayon
- Altuglas (Arkema)
- Plaskolite
- 3A Composites
- Atohaas
- Huntsman
- Rohm
- Asia Poly Industrial Sdn Bhd.
- Jumei
- Evonik
- Chi Mei Corporation
- Zhejiang Shenmei Acrylic
- Heilongjiang Zhongmeng Longxin Chemical Co., Ltd.
- Chengdu Acrylic Plate Industry Co., Ltd.
- Tomson Acrylic
- Quzhou Ruibao Acrylic Co., Ltd.
- Shenzhen Xintao Acrylic
Highlights of The Optical Acrylic Sheet 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:
- Electronic Equipment
- Precision Instruments
- Mobile Communications
- Optical Accessories
- 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 Optical Acrylic Sheet 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
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
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?
Optical acrylic sheet is a type of acrylic sheet that has a transparent or semi-transparent film on one side. This film allows light to pass through it, which makes the sheet an excellent choice for use in displays and other optical applications.
Some of the major companies in the optical acrylic sheet market are Evonik, Mitsubishi Rayon, Altuglas (Arkema), Plaskolite, 3A Composites, Atohaas, Huntsman, Rohm, Asia Poly Industrial Sdn Bhd., Jumei, Evonik, Chi Mei Corporation, Zhejiang Shenmei Acrylic, Heilongjiang Zhongmeng Longxin Chemical Co., Ltd., Chengdu Acrylic Plate Industry Co., Ltd., Tomson Acrylic, Quzhou Ruibao Acrylic Co., Ltd., Shenzhen Xintao Acrylic.
The optical acrylic sheet market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Optical Acrylic Sheet 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 Optical Acrylic Sheet Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Optical Acrylic Sheet 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 Optical Acrylic Sheet 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 Optical Acrylic Sheet Market Size & Forecast, 2018-2028
4.5.1 Optical Acrylic Sheet Market Size and Y-o-Y Growth
4.5.2 Optical Acrylic Sheet Market Absolute $ Opportunity
Chapter 5 Global Optical Acrylic Sheet 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 Optical Acrylic Sheet 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 Optical Acrylic Sheet 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 Optical Acrylic Sheet Market Size Forecast by Applications
6.2.1 Electronic Equipment
6.2.2 Precision Instruments
6.2.3 Mobile Communications
6.2.4 Optical Accessories
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Optical Acrylic Sheet 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 Optical Acrylic Sheet 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 Optical Acrylic Sheet Analysis and Forecast
9.1 Introduction
9.2 North America Optical Acrylic Sheet 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 Optical Acrylic Sheet 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 Optical Acrylic Sheet Market Size Forecast by Applications
9.10.1 Electronic Equipment
9.10.2 Precision Instruments
9.10.3 Mobile Communications
9.10.4 Optical Accessories
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 Optical Acrylic Sheet Analysis and Forecast
10.1 Introduction
10.2 Europe Optical Acrylic Sheet 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 Optical Acrylic Sheet 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 Optical Acrylic Sheet Market Size Forecast by Applications
10.10.1 Electronic Equipment
10.10.2 Precision Instruments
10.10.3 Mobile Communications
10.10.4 Optical Accessories
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 Optical Acrylic Sheet Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Optical Acrylic Sheet 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 Optical Acrylic Sheet 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 Optical Acrylic Sheet Market Size Forecast by Applications
11.10.1 Electronic Equipment
11.10.2 Precision Instruments
11.10.3 Mobile Communications
11.10.4 Optical Accessories
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 Optical Acrylic Sheet Analysis and Forecast
12.1 Introduction
12.2 Latin America Optical Acrylic Sheet 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 Optical Acrylic Sheet 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 Optical Acrylic Sheet Market Size Forecast by Applications
12.10.1 Electronic Equipment
12.10.2 Precision Instruments
12.10.3 Mobile Communications
12.10.4 Optical Accessories
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) Optical Acrylic Sheet Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Optical Acrylic Sheet 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) Optical Acrylic Sheet 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) Optical Acrylic Sheet Market Size Forecast by Applications
13.10.1 Electronic Equipment
13.10.2 Precision Instruments
13.10.3 Mobile Communications
13.10.4 Optical Accessories
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 Optical Acrylic Sheet Market: Competitive Dashboard
14.2 Global Optical Acrylic Sheet Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Evonik
14.3.2 Mitsubishi Rayon
14.3.3 Altuglas (Arkema)
14.3.4 Plaskolite
14.3.5 3A Composites
14.3.6 Atohaas
14.3.7 Huntsman
14.3.8 Rohm
14.3.9 Asia Poly Industrial Sdn Bhd.
14.3.10 Jumei
14.3.11 Evonik
14.3.12 Chi Mei Corporation
14.3.13 Zhejiang Shenmei Acrylic
14.3.14 Heilongjiang Zhongmeng Longxin Chemical Co., Ltd.
14.3.15 Chengdu Acrylic Plate Industry Co., Ltd.
14.3.16 Tomson Acrylic
14.3.17 Quzhou Ruibao Acrylic Co., Ltd.
14.3.18 Shenzhen Xintao Acrylic
