U.S.-Acrylic-Solid-Surface-Market
                     U.S. Acrylic Solid Surface Market expanding at a CAGR of ~6%
U.S. Acrylic Solid Surface Market: Introduction
In terms of value, the acrylic solid surface market in the U.S. is expected to 
cross US$ 4.2 Bn by 2030, expanding at a CAGR of ~6% during the forecast 
period. The increase in the demand for acrylic solid surface countertops is a 
major factor driving the acrylic solid surface market in the U.S. Lower cost of 
acrylic solid surface than its substitutes is also estimated to fuel the acrylic solid 
surface market in the U.S. during the forecast period.
Major Drivers of U.S. Acrylic Solid Surface Market
The acrylic solid surface market in the U.S. is primarily driven by increase in 
usage of acrylic solid surface for countertops. Rise in investments in renovation 
and remodeling building construction is estimated to boost the demand for 
countertops, thereby augmenting the demand for acrylic solid surface in the 
U.S. The demand for acrylic solid surface for countertops is highly dependent on 
the expansion of the construction sector, investments by state governments in 
infrastructure development, and growth in demand for housing across the U.S.
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The significant expansion of the building & construction sector is boosting the 
demand for acrylic solid surface for countertops in the U.S. Countertops play an 
important role in residential and commercial sectors, considering their rising 
usage in modular kitchens and decorative shelves for toiletries in luxury 
bathrooms. Key manufacturers of countertops are focusing on the production of 
varied types of materials due to rise in demand for engineered stone and solid 
surfaces in new building construction. Construction firms in the U.S. are 
investing in renovation of existing buildings, thereby boosting the demand for 
work platforms.
California Holds Prominent Share of U.S. Acrylic Solid Surface Market
Residential construction activities are gaining momentum in California as a 
valuable housing investment option. This is projected to boost the acrylic solid 
surface market in California. However, the construction sector in the state is likely 
to be sluggish during 2020, owing to the spread of COVID-19 and subdued 
investment sentiment in terms of home buying. Increase in prices of raw 
materials, rise in cost of labor, and dearth of availability of labor are expected to 
adversely affect the residential infrastructure segment. This, in turn, is anticipated 
to hinder the demand for acrylic solid surface. New residential construction 
permits in Texas declined by 8% in 2019 compared to that in 2018. However, 
some specific sectors in the construction industry such as office, warehouse, 
retail, residential, and modular construction experienced growth in 2019. 
However, demand for countertops is estimated to increase in the near future. 
This is projected to propel the demand for acrylic solid surface during the 
forecast period.
Key Players in U.S. Acrylic Solid Surface Market in 2019
The acrylic solid surface market in the U.S. is consolidated. A few large-sized 
manufacturers dominate the acrylic solid surface market in the country. 
Companies operating in the acrylic solid surface market in the U.S. are investing 
in product variation for acrylic solid surface. Major players operating in the 
acrylic solid surface market in the U.S. include LG Hausys, ARISTECH 
SURFACES LLC, DuPont de Nemours, Inc., LOTTE CHEMICAL 
CALIFORNIA INC., Formica Corporation, Wilsonart LLC, Hyundai L&C 
USA, Meganite, and LivingStone.