Global Automotive Acrylic Sheets Market by Type (Extruded Acrylic Sheet, Cast Acrylic Sheet), By Application (Passenger Car, Commercial Vehicle) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

The Global Automotive Acrylic Sheets Market size is projected to grow at a CAGR of 6.5% by 2028 and the cumulative revenue will be worth US$ 5,621 million in 2028. The growth in the global automotive acrylic sheets market can be attributed to factors such as increasing demand for lightweight materials from automakers, growing adoption of metalized plastics, and an increasing number of new models launched globally.

Automotive Acrylic Sheets are a type of thermoforming plastics that offer high gloss and color stability. This is achieved by applying UV acrylic coating to the sheets before they undergo final processing, which makes them resistant to scratches or scrapes from other surfaces. In addition, Automotive Acrylic Sheets can be molded into any desired shape for applications such as car window displays or windshields with curved shapes.

On the basis of Types, the market is segmented into Extruded Acrylic Sheets and Cast Acrylic Sheets. Both types of Automotive Acrylic Sheets are widely used in the automotive industry owing to their high strength, versatility, and safety features such as heat resistance up to 135 degrees Celsius.

Extruded Acrylic Sheets:

Extruded Acrylic Sheet is a sheet of acrylic plastic formed by an extrusion process. It consists of polymethyl-methacrylate (PMMA) and common additives such as wood flour, titanium dioxide, or colorants. Extruded sheets are used for the fabrication of other products including food containers, toys, furniture components, and electronic housings.

Cast Acrylic Sheets:

Cast Acrylic Sheets are a kind of panel made by mixing liquid acrylic resin with various fillers, pigments, and other additives. After being cast in the desired shape or form, it will be put into a pre-heated oven at around 160°C for the curing process. The thickness can vary from 0.01 mm to over 100mm depending on consumer requirements and applications.

On the basis of Application, the market is segmented into Passenger Cars and Commercial Vehicle.

Passenger Cars:

The use of automotive acrylic sheets in passenger cars is to provide a smooth surface for the interior so that it can be easy on both hands and feet. Acrylic sheets are also used as an aesthetic cover for air conditioning vents, ornaments around the dashboard area, storage systems under seats, and more. These products are often made up of polymethyl-methacrylate (PMMA) which offers good chemical resistance against mineral oils, alkalis, and acids.

Commercial Vehicle:

Automatic transmission fluid, brake fluid, and clutch fluids are used in commercial vehicles. Acrylic sheets can also be used as dashboards for displays of important information like vehicle speed, current temperature, or time. In addition to their use in the dashboard, acrylic sheets can also be used on window panes of commercial vans since they are easily cleaned with a wet cloth without leaving any streaks behind. Finally, automotive-grade acrylic is also commonly used by manufacturers in order to produce clear plastics such as headlights and tail lamps which must meet stringent safety standards set out by various regulatory organizations across the world.

On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. In the North American region Acrylic sheets are mainly used as dashboards for displays of important information like vehicle speed, current temperature, or time.

Growth Factors For The Global Automotive Acrylic Sheets Market:

The global automotive acrylic sheets market is expected to grow at a significant rate in the near future due to various growth factors. Factors such as increasing demand for higher quality and durable parts from OEMs, growing vehicle production globally and development of new technologies are some of the key drivers that will positively influence this segment over the forecast period.

Furthermore, government regulations pertaining to vehicular emission control across several major economies in countries like China and India have intensified the need for a more advanced technology which led manufacturers into developing superior products with improved durability levels while meeting regulatory specifications all around complying countries. These advancements coupled with innovations in design aesthetics have led to increased adoption rates among consumers owing to their usage as stylish car interiors or exterior components like bumpers etc.

Up Market Research published a new report titled “Automotive Acrylic Sheets Market research report which is segmented by Types (Extruded Acrylic Sheet, Cast Acrylic Sheet), By Applications (Passenger Car, Commercial Vehicle), By Players/Companies Evonik, Mitsubishi Chemical, Altuglas (Arkema), Schweiter Technologies, Plaskolite, Taixing Donchamp, Unigel Group, Jiangxi Oulida, Jumei, Jiushixing, Evonik, Shen Chuen Acrylic, Raychung Acrylic, Asia Poly, Elastin, GARY Acrylic Xishun, Chi Mei, Palram, Plazit-Polygal”. 

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Automotive Acrylic Sheets Market Report Segments:

The market is segmented by Type Extruded Acrylic Sheet, Cast Acrylic Sheet and By Application Passenger Car, Commercial Vehicle.

Some of the companies that are profiled in this report are:

1. Evonik
2. Mitsubishi Chemical
3. Altuglas (Arkema)
4. Schweiter Technologies
5. Plaskolite
6. Taixing Donchamp
7. Unigel Group
8. Jiangxi Oulida
9. Jumei
10. Jiushixing
11. Evonik
12. Shen Chuen Acrylic
13. Raychung Acrylic
14. Asia Poly
15. Elastin
16. GARY Acrylic Xishun
17. Chi Mei
18. Palram
19. Plazit-Polygal

Automotive Acrylic Sheets Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Automotive Acrylic Sheets Market

Overview of the regional outlook of the Automotive Acrylic Sheets Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Automotive Acrylic Sheets Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Automotive Acrylic Sheets Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.
6. By Type:

                1. Extruded Acrylic Sheet

                2. Cast Acrylic Sheet

                1. Passenger Car

                2. Commercial Vehicle

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. 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 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
• Business Expansion Strategies
• Consumer Insights
• Understanding Competition Scenario
• Product & Brand Management
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• Identifying Appropriate Advertising Appeals

Reasons to Purchase the Automotive Acrylic Sheets Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.