Corian Acrylic Solid Surface Market Size

Corian Acrylic Solid Surface Market size was over USD 208.6 Million in 2023 and is likely to exceed USD 360.59 Million by the end of 2036, growing at over 4.3% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of corian acrylic solid surface is evaluated at USD 216.67 Million. The primary factor for market growth is the rapid growth of the construction and remodeling industry. Corian acrylic solid surfaces are considered a good option for constructing buildings and infrastructures owing to their advantages such as mechanical strength, flexibility, high durability, and cost-effectiveness. Therefore, with the recent boom in the construction industry, the utilization rate of Corian acrylic solid surfaces is expected to increase subsequently. This factor is expected to bring lucrative growth opportunities for market growth during the forecast period. For instance, as per the latest data, the size of the global construction industry was calculated to be almost USD 8 trillion in 2022 and is further expected to reach USD 17 trillion by 2029 with a CAGR value of almost 7%.

In addition to the aforementioned factors, the popularity of Corian acrylic solid surface is constantly rising owing to its usage in various types of applications such as kitchen countertops, sinks, bathtubs, flooring, and others. Also, the increasing preference for aesthetically pleasing designs with various colors and shapes to beautify homes is propelling the usage of Corian acrylic solid surfaces in homes. These factors couple up to increase the utilization rate in residential properties as well as commercial infrastructure too and aid in the expansion of market size during the forecast period. Moreover, the rapid urbanization and industrialization in developing countries and rising investment in the development of advanced materials such as Corian acrylic solid surface for use in residential and commercial segments are estimated to create substantial revenues for market players.