Introduction
A solid surface material is an advanced composite product used
as an architectural and design material in a variety of residential and
commercial applications. It is a solid, nonporous, homogeneous surfacing
material, which is composed of acrylic resin and natural minerals. Solid
surface materials offer design versatility, functionality, and durability. They
are widely used for countertops, vanity tops, tub/shower walls, kitchen sinks,
vanity basins, and laboratory benchtops in numerous industries including
lodging, health care, banks, boutiques, and restaurants.
Global
Solid Surface Materials Market: Overview
In terms of material, the solid
surface materials market has been segmented into acrylic, alumina trihydrate, polyester,
quartz, and others. Polyester-based solid surface materials are inexpensive,
but they are considered inferior to acrylic-based solid surface materials.
Polyester-based solid surface materials tend to impart more vibrant colors than
acrylic-based materials. Acrylics are suitable for use in a fancy fabrication
work such as thermoforming. In terms of end-user, the solid surface materials
market has been classified into non-residential and residential. The
non-residential segment is projected to expand at a significant rate during the
forecast period, due to increased demand for solid surface materials from
offices, hospitals, and schools.
Global
Solid Surface Materials Market: Trends & Developments
Growth of the construction & remodeling industry is a major
driver of the solid surface materials market. High prices of raw materials is
likely to be a restraining factor for the market during the forecast period.
High cost of finished products is a major challenge for the solid surface
materials market. Rise in the use of aesthetically appealing designs with
various colors and shapes to beautify homes is expected to drive the solid
surface materials market in the near future. Availability of solid surface
materials in various colors and shapes has also contributed to the solid
surface materials market. Robust growth of the construction industry in
residential and commercial segments is also projected to fuel the solid surface
materials market in the next few years. However, presence of a very few players
in the market is projected to hinder the solid surface materials market during
the forecast period, as the demand is higher than the supply.
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Global
Solid Surface Materials Market: Regional Outlook
Based on region, the global solid surface materials market has
been segmented into North America, Europe, Asia Pacific, Latin America, and
Middle East & Africa. The market in Asia Pacific is expected to expand at
the maximum rate during the forecast period. Rapid urbanization in
non-residential units such as corporate offices, public toilets, malls and
shopping complexes, hospitals, and schools is driving the solid surface
materials market in Asia Pacific. High demand for solid surface materials in
the construction industry in Asia Pacific is also expected to boost the market
in the region during the forecast period.
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Global
Solid Surface Materials Market: Key Players
Key players operating in the global solid surface materials
market are DuPont, REHAU, Wilsonart LLC, Breton S.p.A., Bradley Corporation,
BLANCO, Huber Engineered Materials, Caesarstone, and KingKonree International
China Surface Industrial Co., Ltd.
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