APAC Market Statistics
The market share of Corian acrylic solid surface in Asia Pacific, amongst the market in all the other regions, is projected to be the largest with a share of about 35% by the end of 2036. The primary factor for market growth in the region is the rapid expansion of the construction industry in Asia Pacific. In addition to other factors, the constantly rising disposable income of the burgeoning population in the region is expected to increase the demand for non-residential and residential building construction which is further anticipated to bloom the demand for the Corian acrylic solid surface market.
North American Market Forecast
The North American Corian acrylic solid surface market is estimated to be the second largest, registering a share of about 24% by the end of 2036. Massive investments in the construction industry along with the rising focus to build single-family housing is a major factors that will bring growth opportunities to the market. Moreover, the presence of major key players and strict government regulations over using of high-quality sustainable products for environmental protection are also projected to propel fuel market growth during the assessment period.
Europe Market Forecast
Further, the market in the European region, amongst the market in all the other regions, is projected to hold a majority of the share by the end of 2036. The large investments made by the government in construction development along with the rising need for repair and renovation in many buildings of the region is anticipated to drive the market. Moreover, the burgeoning population in the region along with the penetration of urbanization and industrialization in the region is projected to create a positive outlook for the expansion of market growth during the forecast period.
Author Credits: Rajrani Baghel
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