The acrylic and polycarbonate sheets market is expected to be valued at USD 10.74 billion in 2024 and reach USD 14.49 billion by 2029, registering a CAGR of 6.2% during the forecast period. The research report are derived from the current performance of the market, considering key factors such as drivers, acrylic and polycarbonate sheets market trends, and challenges, as well as global market share, size, and revenue forecasts for comprehensive insights.
The market for acrylic and polycarbonate sheets is primarily driven by escalating demand across key industries, including oil & gas, automotive, chemical processing, and construction. In these industries, the requirement for corrosion-resistant and durable materials is critical. Additionally, the high focus on infrastructure development, particularly in emerging economies, significantly contributes to market growth. Strict adherence to safety regulations, robust quality standards, and a commitment to environmental sustainability further fuel the demand for high-performance piping solutions. Moreover, advancements in technology enhance both production efficiency and product quality. The shift toward alternative energy sources and the increasing adoption of advanced pipeline systems for electricity generation and water desalination are also pivotal in fostering industry growth.
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“Solid polycarbonate sheets to be fastest-growing type segment in acrylic and polycarbonate sheets market”
Solid polycarbonate sheets is projected to be the fastest-growing segment in this market. These sheets offer a unique combination of exceptional strength, versatility, and lightweight characteristics. They are highly regarded in applications demanding durability and safety, as they are approximately 250 times stronger than glass. Key application areas for solid polycarbonate sheets include construction, automotive, and packaging, utilized in skylights, greenhouses, roofing, cladding, architectural glazing, automotive glazing, headlamps, and protective coatings. Recent advancements in the production process, particularly in extrusion techniques, have significantly improved their weatherability, durability, and resistance to fire and scratches. These enhancements render solid polycarbonate sheets increasingly attractive to end-user segments, including medical, automotive, construction, packaging, and electronics. Consequently, these combined advantages position solid polycarbonate sheets as the fastest-growing sub-segment within the industry.
Key players
Key companies in the acrylic and polycarbonate sheets market include EXOLON GROUP (Germany), UVPLASTIC Material Technology Co., Ltd. (China), TEIJIN LIMITED (Japan), MITSUBISHI GAS CHEMICAL COMPANY, INC. (Japan), Palram Industries Ltd. (Israel), Trinseo (US), AGC Inc. (Japan), Arlaplast (Sweden), Plaskolite (US), and 3A Composites GmbH (Germany).
EXOLON GROUP (Germany)
EXOLON GROUP, established in January 2020 following the acquisition of Covestro AG’s European polycarbonate and polyester sheets business by the Serafin Group, is a leading supplier of high-quality thermoplastic sheets. Headquartered in Munich, Bavaria, the company leverages over 40 years of expertise in extrusion to serve diverse industries. Exolon Group operates under the Serafin Group, a Munich-based investment company with a 150-year entrepreneurial tradition focusing on innovation, sustainability, and customer-centric solutions. The company has positioned itself as a key plastic sheet market player, emphasizing flexibility and forward-thinking development to meet global demands.
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EXOLON GROUP’s business segments include Polycarbonate Sheets, Polyester Sheets, and Opaque Blend. The Polycarbonate Sheets segment, under the EXOLON brand, offers solid and multiwall sheets used in construction (e.g., stadium roofing and skylights), industrial applications (e.g., machine guards), and visual communication (e.g., signage). The Polyester Sheets segment, comprising Vivak and Axpet brands, caters to applications like food packaging, medical devices, and advertising displays, which are known for their thermoforming properties. The Opaque Blend segment, under Exoblend, uses polycarbonate/ABS blends for high-rigidity applications in the rail and automotive industries. Notably, EXOLON GROUP does not produce acrylic sheets; its focus is on polycarbonate and polyester materials.
Geographically, EXOLON GROUP has a strong European presence, with production facilities in Tielt, Belgium, and Nera Montoro, Italy, ensuring efficient manufacturing and distribution across the continent. The company’s sales network extends globally, serving customers in North America through partnerships like PSI Plastics, which covers the Eastern Seaboard from Canada to Mississippi. EXOLON GROUP also targets growth in emerging markets, particularly in Asia Pacific and the Middle East, driven by demand in the construction and industrial sectors.
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