Connected Home Appliance Market Insights 2022 : Poly(methyl methacrylate) (PMMA), also known as acrylic or acrylic glass as well as by the trade names Plexiglas, Acrylite, Lucite, and Perspex among several others (see below), is a transparent thermoplastic often used in sheet form as a lightweight or shatter-resistant alternative to glass.
This report focuses on the Acrylic Sheet in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Germany accounted for the largest share in terms of revenue and volume, on account of increased demand in numerous application segments. The recovery of the automotive and construction industries in the country is expected to drive the product demand over the forecast period.
The acrylic sheet industry in Germany is projected to witness growth to the tune of 4.1% over the forecast years, mainly on account of the increasing use of the product in visual communication and retail applications such as display trays, casings, and POS. The presence of Evonik Industries, the biggest manufacturer in the industry, is also expected to have positive impacts on the industry growth in the country.
The worldwide market for Acrylic Sheet is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017
Leading Key Players In the global Connected Home Appliance market 2022:
Based on product, the Connected Home Appliance market is segmented into Cell Cast, Extruded, Continuous Cast and other. The Connected Home Appliance products segment dominated the Connected Home Appliance market in 2022. Rising incidences and new product launches expected to drive the segment growth.
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