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The acrylic rods and tubes market size is forecast to increase by USD 398.1 million and is estimated to grow at a CAGR of 5.54% between 2023 and 2028. The market is experiencing significant growth due to several key factors. Technological advancements continue to drive innovation in the production and application of acrylic rods and tubes. Moreover, the increasing emphasis on sustainable and eco-friendly materials in various industries is boosting the demand for acrylic products. Additionally, the thriving construction sector is creating a vast market for acrylic rods and tubes in infrastructure projects. These factors are expected to fuel the market's expansion in the coming years.
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The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Market Customer Landscape
The market encompasses the production and distribution of various acrylic products, including Extruded and Cast Acrylic Rods, Squeeze Acrylic Rods, and Sign Frames. These materials are widely used in diverse applications such as Signage, Model Making, Sustainable and Eco-friendly Materials, Light-emitting diode (LED) Lighting, and Medical Applications. Acrylic materials are valued for their versatility, durability, and transparency. Acrylic Rods and Tubes find extensive use in industries like advertising and signage, where they are utilized to create eye-catching displays and sign frames. In the field of Model Making, these rods and tubes serve as essential components for constructing intricate models. Moreover, they are employed in Glass Applications, such as skylights, and in Labware and Connecting Pipes. Acrylic materials, including Acrylic Rods and Tubes, are increasingly being adopted due to their sustainability and eco-friendliness. They are used in the production of Crystal Chandeliers, Officer's Indoor Items, and various other decorative items. Acrylic Rods and Tubes are also used in the manufacturing of various medical applications, such as Labware and Medical Equipment. In summary, the market caters to a broad range of industries and applications, including Signage, Model Making, Lighting, Medical, and Glass Applications. The market is driven by the growing demand for sustainable and eco-friendly materials, as well as the versatility and durability of acrylic products. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The advancements in technologies are the key factors driving the global market growth. The development of sophisticated processing methods is one of the most significant technological developments. These methods enable producers to create acrylic rods and tubes with improved mechanical and thermal characteristics, higher purity, and higher precision. For instance, the strength and durability of acrylic rods and tubes have been significantly improved through the use of extrusion techniques, making them perfect for use in a variety of industrial applications.
Furthermore, based on the unique needs of the end users, manufacturers can create custom acrylic rods and tubes in a variety of sizes and shapes by using 3D printing technology. Additionally, this technology has made it possible to manufacture intricately shaped acrylic rods and tubes, which was not feasible using conventional manufacturing processes. Therefore, such factors will drive the growth of the global market during the forecast period.
The increasing demand for customized products will fuel the global market growth. Customization enables businesses to produce goods that specifically cater to the needs of their clients. This helps manufacturers to make their products more attractive and competitive in the market. The market is expanding as a result of the rising demand for customized goods, which gives manufacturers the chance to provide distinctive and individualized services to their clients.
The market is expanding as a result of the rising demand for distinctive and personalized retail displays, signage, and marketing materials. Businesses and retail outlets are increasingly searching for distinctive and attention-grabbing displays and signs to draw in customers. Furthermore, customers can now order personalized acrylic rods and tubes more easily due to the growth of e-commerce and online marketplaces. Customers can easily select the precise size, color, and shape of the acrylic rods and tubes they require by ordering customized products online, eliminating the need for difficult and time-consuming ordering procedures. Thus, such factors are expected to foster the growth of the global market during the forecast period.
The availability of substitutes is a major challenge impeding the market growth. Several substances, including polycarbonate, polyvinyl chloride (PVC), and polyethylene terephthalate glycol (PETG), can be used in place of acrylic. These alternatives often cost less than acrylic, which is one of their main benefits. Additionally, some of these materials have qualities like high impact resistance, UV resistance, and fire resistance that are comparable to or better than those of acrylic. As a result, customers may decide to use these alternatives rather than acrylic to reduce costs or satisfy performance needs.
Furthermore, the availability of alternatives may also increase market competition, which may result in decreased prices and profit margins for producers of acrylic rods and tubes. Hence, due to this factor, it may be challenging for businesses to invest in R&D or maintain high standards, which will have an additional negative effect on the market's expansion. Thus, such factors can impact the growth of the global market during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
ACME Plastics - The key offerings of the company include acrylic rods and tubes such as cast clear tubes, cast color tubes, and extruded tubes.
Acrilex Inc. - The key offerings of the company include acrylic rods and tubes under the brands Acrylite, Plexiglas, and Lucite.
We also have detailed analyses of the market’s competitive landscape and offer information on 15 market vendors, including:
The report offers clients a deeper understanding of the market and its players through a combined qualitative and quantitative analysis of the vendors. The analysis classifies vendors into categories based on their business approach, including pure-play, category-focused, industry-focused, and diversified. Vendors are specially categorized into dominant, leading, strong, tentative, and weak to understand the dos and don’ts of business which in turn can help a client make the best decision.
The Signage segment will contribute a major share of the market, as it includes products that are manufactured through the extrusion process. Due to the extrusion process, these products have smooth and glossy surface that is free of any blemishes or imperfections. This makes extruded acrylic rods and tubes ideal for use in applications such as signage, displays, and lighting, where aesthetics is important. Extruded acrylic rods and tubes are widely used in the production of windows, skylights, protective barriers, decorative trims, and medical devices, among others. Therefore, due to extruded acrylic rods and tubes lightweight, durable, and weather-resistant properties, its demand is expected to increase which, in turn, will contribute toward the growth of the global acrylic rods and tubes market through extruded segment during the forecast period.
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The Signage segment showed a gradual increase in market share with USD 425.61 million in 2018 and continued to grow by 2022. The superior surface finish of extruded acrylic products is one of their main benefits. These products have an immaculate, glossy surface that is free of any blemishes or imperfections owing to the extrusion process. Extruded acrylic rods and tubes are, therefore, perfect for use in decorative applications like lighting, displays, and signage. Extruded acrylic rods and tubes are widely used in many different industries, including the automotive, building, aerospace, and healthcare sectors. They are employed, among other things, in the creation of windows, skylights, safety barriers, attractive trims, and medical devices. Therefore, owing to such factors, this segment holds the largest market share and will contribute toward the growth of the global market during the forecast period.
Due to their excellent clarity, transparency, and weather resistance, acrylic rods and tubes are frequently used in the manufacturing of signs. LED lights can be used to illuminate acrylic rods and tubes for signage, making them perfect for both indoor and outdoor applications. When it comes to signage, acrylic rods, and tubes are frequently used in channel letters, light boxes, and architectural signs. They are employed in the creation of billboards, illuminated logos, and shop signs, among other things. This segment, thus, holds the largest market share and will propel the growth of the global market. This growth will also be due to growing use of acrylic in the creation of logos, signs, and billboards during the forecast period.
APAC is estimated to contribute 64% to the growth by 2028. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period.
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Due to advancements in the automotive, construction, and consumer goods industries, APAC became the world's largest market for acrylic rods and tubes in 2022. The regional market has benefited from rising consumer spending on architecture, interior design, and sanitary ware. The demand for acrylic rods and tubes will rise as a result of the use of digital signage and displays, as well as significant expenditures on marketing and advertising by the retail sector during the forecast period.
In APAC, the biggest markets for acrylic rods and tubes are China, Japan, Australia, and India. Due to their wide range of uses, including skylights, roofs, and facades, acrylic rods and tubes are in high demand in the construction sector. Additionally, the region's automotive industry is expanding, which has increased demand for acrylic rods and tubes for use in the lighting and decoration of automobiles. Similarly, RapidSpray, an Australian company, used acrylic tubes in 2021 to create its line of sight glasses for the chemical and petroleum industries. Hence, such factors are driving the market in APAC during the forecast period.
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Million" for the period 2024 to 2028, as well as historical data from 2018 to 2023 for the following segments.
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The market is witnessing substantial growth driven by factors like raw material costs, evolving Acrylic Tube products, and the increasing demand for lightweight and portable packaging solutions. Key players in this market, such as Acrylic Online, Allied Plastic Supply, and Laird Plastics, offer various Acrylic Tube brands that cater to different labeling requirements. Both Cast Acrylic Tube and Extruded Acrylic Tube variants are gaining traction, especially in industries like the personal care industry, where flexible packaging and stand-up caps are preferred due to busy lifestyles. Health awareness has also boosted the demand for packaging solutions for products like anti-aging creams, shampoos, and hair conditioners.
In the pharmaceutical sector, Acrylic Tubes are essential for topical drug forms and collapsible aluminum tubes. Packaging formats like multilayer plastic tubes are also gaining popularity due to their longer shelf life. The market landscape depends on the market, Acrylics Online, Pharmaceutical drugs, Packaging tubes industry, Cosmetic tubes industry, Oral care, and Decorative cosmetic tube printing. The Acrylic Tube market emphasizes sustainable packaging practices, including eco-friendly packaging and recyclability, which are especially crucial in regions like the Polish market. Overall, the Market continues to innovate to meet diverse packaging needs across industries while ensuring sustainability and product protection.
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Market Scope |
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Report Coverage |
Details |
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Page number |
165 |
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Base year |
2023 |
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Historic period |
2018 - 2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.54% |
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Market growth 2024-2028 |
USD 398.1 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
5.26 |
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Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 64% |
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Key countries |
China, US, Germany, France, and Canada |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
A1 Acrylics Inc., ACME Plastics, Acrilex Inc., Acrylic Pty Ltd., Allplastics Engineering Pty. Ltd., Blanson Ltd., Canal Plastics Center Inc., Curbell Plastics Inc., Delvies Plastics, EMCO INDUSTRIAL PLASTICS INC., estreet plastics, Gevacril Srl, KF Plastics Pty Ltd., NCA Ltd., PM Plastics, PP Asbestos, Roctool SA, Roehm GmbH, Schweiter Technologies AG, Spartech LLC, Sun Acrylam Pvt. Ltd., UVPlastic Material Technology Co. Ltd., and WeProFab |
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Market dynamics |
Parent market analysis, market growth analysis, market research and growth, Market forecasting, market report, market forecast, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, Market growth and Forecasting, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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