Wednesday, September 18, 2019

Growth of Construction & Remodeling Industry Expected to Drive World Corian Acrylic Solid Surface Market over the Forecast Period: Ken Research

Acrylic solid surface is a man-made nonporous, solid, homogeneous surfacing material and Corian is a brand of solid surface countertop material. Acrylic solid surface is mainly composed of a mixture of acrylic, dust, bauxite, epoxy or polyester resins, marble, and pigments. It is commonly suitable for use in a fancy fabrication work for instance thermoforming. It issued for seamless countertops, tub/shower walls, vanity tops, kitchen sinks, laboratory benchtops, and vanity basins, in various industries including health care, lodging, banks, boutiques, and restaurants. It is available in hundreds of colors & visual textures, ranging from solid colors to marbleized, sparkling, or granite effect. The key benefits are included stain resistant, durable & easy to maintain, patterns & designs and antimicrobial & abundance of colors.
Corian Acrylic Solid Surface Market
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According to the study, “World Corian Acrylic Solid Surface Market Research Report 2024(Covering USA, EU, China, South East Asia, Japan and etc)” the key companies operating in the world Corian acrylic solid surface market are DuPont, Lottechem, Lion Chemtech, DURASEIN, Hanwha, Aristech Surfaces, Wilsonart LLC, Swan, REHAU, Caesarstone, LG Hausys, Monerte Surfaces Materials, KingKonree International China Surface Industrial Co. Ltd., Gelandi, Systempool, Breton S.P.A., BLANCO, Bradley Corporation, Huber Engineered Materials. The key companies are adopting the significant strategies & policies which effectively promoted for producing the product at a reasonable price & leading the fastest market growth during the projected period more enormously.
Based on type, Corian acrylic solid surface market is segmented into extrusion molding solid surface and casting molding solid surface. Based on shape, the market is segmented into shower pans, sinks, and bathtubs. Based on tools of surface fabrication, the market is segmented into routers (CNC), templates, drills, clamps, suction cup grips, ovens, and table saws. Based on the sales channel, the market is segmented into direct sales, online retailer and supplier. In addition, based on end-use, the market is segmented into residential and non-residential. The non-residential segment is estimated to expand at a substantial rate during the forecast period, owing to an increase in demand from hospitals, offices, and schools.
The Corian acrylic solid surface market is driven by an increase in demand from residential & commercial building, followed by a rise in disposable income of the individuals, growth in industrialization &urbanization and increase in demand coupled with the significant innovation in technology. However, high-cost &maintenance expenditure may impact the market.
The ICPA (International Cast Polymer Association) an ISFA (International Surface Fabricators Association) are trade organizations, which identify the product under the "brand" of Master Cast Engineered Composites.
Based on geography, China Corian acrylic solid surface market is estimated to grow, owing to increase in infrastructural development and high disposable income. Moreover, the market is also anticipated to grow in the USA followed by the EU, due to the high standard of living and increase in demand from automotive industries over the forecast period. Increase in the use of aesthetically appealing designs with several colors & shapes to beautify homes anticipated to drive the market in the near future. The market is expected to reach the US $2410 million by 2024, at a CAGR of 3.6%, over the forecast period.
Global Corian Acrylic Solid Surface Market: Product Segment Analysis
Casting Molding Solid Surface
Extrusion Molding Solid Surface
Global Corian Acrylic Solid Surface Market: Application Segment Analysis
Commercial
Residential
Others
Global Corian Acrylic Solid Surface Market: Regional Segment Analysis
USA
Europe
Japan
China
India
Southeast Asia
The Players mentioned in our report
DuPont
Lion Chemtech
Lottechem
Hanwha
DURASEIN
ARISTECH SURFACES
Swan
Wilsonart
Monerte Surfaces Materials
LG Hausys
Gelandi
KingKonree International
SYSTEM POOL
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Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249

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