Goodsense: The Market Trend of Acrylic

In the wave of the vigorous development of the global materials industry, the acrylic industry is emerging with a unique posture. Acrylic, with its excellent optical properties, good processing characteristics, and a wide variety of application scenarios, has become a crucial material indispensable in numerous fields. From the landmark buildings in bustling metropolises to the exquisite ornaments in cozy homes, from the advertising signs on the streets and alleys to the precision medical instruments in the medical field, the presence of acrylic can be seen everywhere. At present, a deep analysis of the current market size and future development trends of the acrylic industry is of great significance for seizing industry opportunities and discerning market trends.

Market Size

Global Market: In recent years, the global acrylic market size has been continuously growing. In 2023, the global acrylic market size has reached 26.33 billion US dollars. In 2024, the global sales of acrylic sheets reached 6.234 billion US dollars, and it is expected to reach 8.226 billion US dollars in 2031, with a compound annual growth rate (CAGR) of 4.1% (from 2025 to 2031).

Chinese Market: China holds an important position in the global acrylic market and is one of the acrylic producers and exporters with a clear development space globally. In 2023, the Chinese acrylic market size has reached approximately 25 billion yuan. In 2024, the market capacity of acrylic sheets in China reached 18.108 billion yuan, accounting for a certain proportion of the total global acrylic sheet market share.

Development Trends

Growth in Market Demand: With economic development and the improvement of consumers' quality of life, the application of acrylic products in multiple fields such as construction, home furnishings, advertising, and healthcare will further expand. In the construction field, its excellent transparency and weather resistance make its application prospects in building facades, roofs, skylights, etc. very promising.

Enhanced Environmental Awareness: Environmental protection and sustainable development have become important trends in the acrylic industry. Enterprises need to continuously improve production processes and product performance, develop recyclable and biodegradable acrylic materials, etc., to meet the requirements of environmental protection regulations and policies.

Strengthened International Cooperation: With the advancement of globalization and the strengthening of international trade cooperation, the Chinese acrylic industry faces more opportunities for international trade cooperation. Domestic enterprises can actively explore overseas markets, cooperate with international enterprises, and jointly promote the global development of the acrylic industry.

Driven by Technological Innovation: New materials and new processes are constantly emerging. For example, the application of nanotechnology and surface modification technology has improved the scratch resistance and stain resistance of acrylic products. At the same time, the application of digital design and intelligent production equipment will improve production efficiency, reduce costs, and promote industrial upgrading.

In conclusion, the acrylic industry shows strong vitality and potential both in terms of the current market size and in terms of future development trends. The steady expansion of the global market and the outstanding contribution of the Chinese market jointly outline a solid foundation for the industry's development. Moreover, the continuous breakthroughs in technological innovation, the diversified growth of market demand, the in-depth integration of environmental protection concepts, and the further development of international cooperation have injected a continuous stream of impetus into the industry's development. In the future, with the coordinated progress of various factors, the acrylic industry will surely write a more glorious chapter in the global materials market, continuously expand the boundaries of its application, and bring more surprises and changes to people's lives and the development of various industries.