The Global Foam Core Acrylic Market Is Primed For Growth Owing To Increasing Utilization In Various Industries

https://www.coherentmarketinsights.com/market-insight/foam-core-acrylic-market-6082
Foam Core Acrylic Market



Foam core acrylic is a versatile material that provides durability as well as aesthetic appeal for various commercial and residential applications. Foam core acrylic sheets are composed of a solid acrylic outer layer sandwiching a low-density polyethylene (LDPE) or polyvinyl chloride (PVC) foam core. They combine the high-gloss and scratch-resistant properties of acrylic with the formability and insulation ability of foam, making them suitable for fabrication into signs, displays, and light panels.

The global Foam Core Acrylic Market is estimated to be valued at US$ 97.1 Mn in 2023 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

The global foam core acrylic market is witnessing steady growth on account of foam core acrylic finding increasing utilization in various industries including construction, retail, transportation, and event management. Foam core acrylic sheets are lightweight, durable, weather resistant and provide an eye-catching display. They are an ideal material for manufacturing backlit signage, illuminated wall panels, decorative architectural facades, and exhibition displays. The material versatility and cost benefits of foam core acrylic over other competing products such as PVC, wood, and metal are driving its adoption across industries.

Market key trends:
The growth of the foam core acrylic market is accelerated by increasing infrastructure spending and commercial construction activities globally. The construction industry heavily relies on materials like foam core acrylic for interior and exterior signage and displays that require durability, eye-catching aesthetics as well as insulation. The mounting infrastructural projects across both developing and developed economies provide a massive boost to the demand for foam core acrylic. Further, the thriving retail sector worldwide has amplified the application scope of illuminated signage, display panels, and directories made from foam core acrylic sheets.

Segment Analysis

The global foam core acrylic market is dominated by the signage sub-segment. Foam core acrylic sheets find widespread application in manufacturing backlit signs, illuminated panels, translucent structures etc. due to their light weight and rigidity. They offer an ideal solution for fabrication of durable signage that can withstand all weather conditions without warping or discoloration for long periods.

Key Takeaways

The global Foam Core Acrylic Market Size is expected to witness high growth over the forecast period from 2023 to 2030. The global foam core acrylic market is estimated to be valued at US$ 97.1 Mn in 2023 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023 to 2030.

Regional analysis- Asia Pacific region currently holds the largest share in the global foam core acrylic market and is expected to maintain its dominance through 2030. Rapid urbanization and infrastructure development activities in China, India and other Asia Pacific countries are driving the demand for signage and displays made using foam core acrylic sheets.

Key players analysis- Key players operating in the foam core acrylic market are 3M, Arkema Group (Bostik SA), H.B. Fuller Company, Henkel AG & Co. KGaA, Master Bond Inc., Nexus Adhesives, Permabond LLC, Pidilite Industries Ltd, Sika AG, and Threebond International Inc. 3M is one of the leading players with a wide product portfolio including double sided foam core acrylic tapes. Arkema Group (Bostik SA) offers a range of high performance acrylic adhesives suitable for bonding foam core panels.


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