Acrylic solid surfaces in kitchen countertops and bedroom cabinets are under scrutiny for the spread of the COVID-19 (coronavirus) infection. Hence, companies such as Shield Casework— a manufacturer of modern furniture and custom architectural products from acrylic solid surface, is increasing awareness about preventive measures to keep surfaces clean in order to prevent infection transmission. This is crucial since it has been found that COVID-19 pathogens live for hours in the air and for days on surfaces.
An economic slowdown in the construction industry has affected the growth of the U.S. acrylic solid surface market. Uncertainties in the demand and supply of products is another challenge for market players. Hence, companies in the U.S. acrylic solid surface market are adopting contingency plans to prepare for future unprecedented demands of end-use customers.
Luxurious and highly aesthetic acrylic solid surfaces are acquiring prominence in commercial and residential applications. Manufacturers in the U.S. acrylic solid surface market are increasing the availability of products that deliver design flexibility and increase durability. In order to gain market visibility, manufacturers are innovating in low-maintenance and renewable solid surface kitchen tops to capitalize on revenue opportunities. As such, the U.S. acrylic solid surface market is slated to expand at a modest CAGR of ~6% during the forecast period.
Acrylic solid surfaces have become synonymous with Corian® Solid Surface by DuPont Specialty Products USA. In order to compete with established market players, emerging players should increase their R&D in advanced polymer technology to manufacture unimaginable and versatile products. Manufacturers are setting their collaboration wheels in motions, and collaborating with designers and researchers to create an illusion of different thicknesses in acrylic solid surfaces.
The U.S. acrylic solid surface market is expected to cross the valuation of US$ 4.2 Bn by the end of 2030. However, alternative materials such as quartz composites and marble are likely to inhibit market growth. Hence, manufacturers in the U.S. acrylic solid surface market are educating customers about the advantages of solid surfaces. For instance, marble is a popular choice for countertops; however, it is prone to easy scratching and staining as compared to acrylic solid surface. In order to gain market recognition, manufacturers are utilizing high-performance acrylic materials and resins to innovate in product offerings.
Manufacturers are increasing production capacities in solid surface tabletops, wash basins, and solid surface CNC (Computer Numerical Control) work to broaden their revenue streams. As such, there is a high demand for polished and long-lasting acrylic solid surfaces for residential and commercial applications.
Companies in the U.S. acrylic solid surface market are benefitting from marble-look solid surface design ideas. However, the U.S. companies are facing competition from existing technologies such as the DCB German technology. Hence, the U.S. manufacturers are increasing efforts to deliver a creative flair in acrylic solid surfaces to bolster product sales. They are introducing simple and luxurious marbled patterns in acrylic solid surfaces to increase product uptake. As such, the U.S. manufacturers are adopting advanced polymer technologies to gain a competitive edge in the global market landscape.
Manufacturers are innovating in customizable and chip-free acrylic solid surfaces. The U.S. companies in the market for acrylic solid surfaces are strengthening their supply chains in countries of the Middle East and Asia due to a high demand for elegant and strong products. Manufacturers are increasing their research expenditure to establish in-house manufacturing units.
Flexibility and personalization are key to excel in the U.S. acrylic solid surface market. Manufacturers are developing products that cater to multiple applications. They are entering into strategic partnerships with European suppliers of high-quality raw materials. This helps manufacturers in the U.S. acrylic solid surface market to avoid supply shocks in materials and prevent delay in project schedules. On-time delivery of products is helping manufacturers boost their credibility credentials. Moreover, green and ISO (International Organization for Standardization) certificates are helping manufacturers to comply with green building regulations.
With the help of technical data from labs and innovative fabrication ideas, manufacturers are able to provide personalized services to clients. Companies are hiring a team of specialists and designers that provide appropriate guidance and support to clients. Manufacturers are providing acrylic solid surface sheets that can be thermoformed into any desired shape and size.
Companies in the U.S. acrylic solid surface market are offering space for self-expression to clients. In order to achieve this, manufacturers are increasing the availability of solid surface sheets in a vast array of colors and patterns that offer a remarkable finish to kitchen tops and bedroom cabinets. Companies in the U.S. acrylic solid surface market are using the latest polymer technology to innovate in different colors of solid surface sheets. They are offering refurbishment services such as surface preparation, damage assessment, and sanding in order to offer product delight.
Manufacturers are innovating in technologies that eco-friendly and chemically stable to comply with regulations laid down by the ISO. This has helped the U.S. manufacturers to increase the availability of hygienic and safe solid surfaces in the market. Experts and trained fabricators in companies are catering to surface-specific fabrication requirements of clients.
Analysts’ Viewpoint
Since acrylic solid surfaces have the potential to harbor COVID-19 pathogens, companies in the U.S. acrylic solid surface market are abiding with the ISO standards to develop safe and hygienic products. Refurbishment services are being highly preferred by clients to achieve clean and polished surfaces in acrylic solid surface sheets depending on the extent of the damage. However, alternate products such as quartz and marble are likely to cause hamper market growth. Hence, manufacturers should increase awareness about the advantages of acrylic solid surface, such as more affordability and flexibility in design as compared to marble in order to boost product sales.
U.S. Acrylic Solid Surface Market: Overview
Key Growth Drivers of U.S. Acrylic Solid Surface Market
Major Challenges for U.S. Acrylic Solid Surface Market
Lucrative Opportunities for U.S. Acrylic Solid Surface Market
California to Dominate U.S. Acrylic Solid Surface Market
Market Players Operating in U.S. Acrylic Solid Surface Market
U.S. Acrylic Solid Surface Market – Segmentation
TMR’s research study assesses the acrylic solid surface market in the U.S. in terms of states. This report presents extensive market dynamics and trends associated with different states in the U.S. and how they are influencing growth prospects for the acrylic solid surface market in the country.
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1. Executive Summary
1.1. U.S. Acrylic Solid Surface Market Snapshot
1.2. Key Market Trends
1.3. Current Market and Future Potential
1.4. TMR’s Growth Opportunity Wheel
2. Market Overview
2.1. Market Segmentation
2.2. Market Indicators
2.3. Market Definitions
2.4. Market Dynamics
2.4.1. Drivers
2.4.2. Restraints
2.4.3. Opportunities
2.5. Porter’s Five Forces Analysis
2.6. Value Chain Analysis
3. COVID-19 Impact Analysis
4. U.S. Acrylic Solid Surface Market Production Outlook
5. Acrylic Solid Surface Price Trend Analysis, 2019–2030
6. U.S. Acrylic Solid Surface Market Analysis and Forecast, by State, 2019–2030
6.1. Key Findings
6.2. U.S. Acrylic Solid Surface Market Volume (Thousand Square Feet) and Value (US$ Mn) Forecast, by State, 2019–2030
6.2.1. California
6.2.2. Texas
6.2.3. New York
6.2.4. Florida
6.2.5. Washington D.C.
6.2.6. Illinois
6.2.7. Pennsylvania
6.2.8. Georgia
6.2.9. Ohio
6.2.10. North Carolina
6.3. U.S. Acrylic Solid Surface Market Attractiveness, by State
7. Competition Landscape
7.1. U.S. Acrylic Solid Surface Company Market Share Analysis, 2019
7.2. Company Profiles (Details – Overview, Financials, Recent Developments, and Strategy)
7.2.1. LG Hausys
7.2.1.1. Company Description
7.2.1.2. Business Overview
7.2.1.3. Financial Overview
7.2.1.4. Strategic Overview
7.2.2. DuPont de Nemours, Inc.
7.2.2.1. Company Description
7.2.2.2. Business Overview
7.2.2.3. Financial Overview
7.2.2.4. Strategic Overview
7.2.3. ARISTECH SURFACES LLC
7.2.3.1. Company Description
7.2.3.2. Business Overview
7.2.4. LOTTE CHEMICAL CALIFORNIA INC.
7.2.4.1. Company Description
7.2.4.2. Business Overview
7.2.4.3. Financial Overview
7.2.4.4. Strategic Overview
7.2.5. Formica Corporation
7.2.5.1. Company Description
7.2.5.2. Business Overview
7.2.6. Wilsonart LLC
7.2.6.1. Company Description
7.2.6.2. Business Overview
7.2.7. Hyundai L&C USA
7.2.7.1. Company Description
7.2.7.2. Business Overview
7.2.8. Meganite
7.2.8.1. Company Description
7.2.8.2. Business Overview
7.2.9. LivingStone
7.2.9.1. Company Description
7.2.9.2. Business Overview
8. Primary Research: Key Insights
9. Appendix
List of Tables
Table 1 U.S. Acrylic Solid Surface Market Volume (Thousand Square Feet) Forecast, by State, 2019–2030
Table 2 U.S. Acrylic Solid Surface Market Value (US$ Mn) Forecast, by State, 2019–2030
List of Figures
Figure 1.U.S. Acrylic Solid Surface Price Trend, 2019–2030 (US$/Square Foot)
Figure 2.U.S. Acrylic Solid Surface Market Volume Share, by State, 2019, 2025, and 2030
Figure 3.U.S. Acrylic Solid Surface Market Attractiveness, by State
Figure 4.U.S. Acrylic Solid Surface Market Share Analysis, by Company, 2019