Cast Acrylic Sheet Market Size

Cast Acrylic Sheet Market size was valued at USD 3.36 billion in 2024 and is likely to exceed USD 6.71 billion by the end of 2037, expanding at over 5.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of cast acrylic sheet is evaluated at USD 3.51 billion.

The growing deployment of solar panels for sufficing the need for growing electricity is the main driving factor for the market growth. By the end of 2023, it is expected that more than 350 GW of PV systems will be installed. The increase would be approximately a 53% rise over 2022 when new worldwide solar installations reached nearly 229 GW. In recent years, there has been a shift toward using cast acrylic sheets as the protective cover of the solar panel. Their transparency is crucial for capturing sunlight and maximizing energy generation.

Besides this, the growing requirement for the manufacturing of medical equipment and devices has also boosted the requirement for cast acrylic sheets thus contributing to the cast acrylic sheet market expansion. They can be forged to create components, such as equipment enclosures, instrument covers, display screens, and panels. Moreover, acrylic sheet is also used for manufacturing protective eyewear, such as safety goggles and face shields, for medical professionals.