Over the last several months, the economy has undergone some rapid changes. In response to the new factors affecting the economy, businesses around the world have changed strategies and worked to develop creative approaches to new problems. While many industries have dealt with major declines in business since the start of the COVID-19 pandemic, others have seen rising demand. Acrylic sheets, for example, are in very high demand around the world. If you’re wondering about demand for acrylic sheets and the implications for suppliers in Utah and elsewhere, keep reading to learn more.
Increasing demand for acrylic sheets
Over the period from 2018 to 2022, the market for acrylic sheets is expected to grow by over 6 percent. This growth would be considered significant at any time, but it’s particularly impressive considering the fact that industries around the world are experiencing declines in sales due to the coronavirus pandemic. This increased demand means plastic producers, manufacturers and acrylic sheets suppliers in Utah can expect to see their businesses continue to grow.
Why is demand for acrylic sheets increasing?
There are a lot of reasons why demand for acrylic sheets has been trending up. One of the most significant sources of demand for acrylic sheets is the automotive industry. The automotive industry uses acrylic sheets to produce a variety of different components for new vehicles. Acrylic sheets offer great durability, versatility and cost-effectiveness for manufacturers who want to meet safety requirements while keeping manufacturing costs under control.
In addition to the continued demand for acrylic sheets from the automotive industry, there has also been an unexpected increase in demand for acrylic sheets because of COVID-19. As restaurants, grocery stores and other businesses open up under new safety measures and public health guidelines, there has been an incredibly high demand for acrylic sheets to produce dividers to minimize the risk of disease transmission. These plexiglass dividers are in increasingly high demand as more businesses and institutions are permitted to open up and business owners look for safety precautions to keep employees, customers and visitors as safe as possible from the risk of virus transmission.
In fact, the demand for acrylic sheets has increased globally by 400 percent over what it was last year. With such a stark increase in demand for acrylic sheets, many suppliers are struggling to keep up with orders. There are long wait times for many acrylic sheets and other plastic products that are in high demand from businesses around the world.
Acrylic sheet suppliers in Utah
If you’re looking for acrylic sheet suppliers in Utah for your next product development project, reach out to D&D Plastics. We specialize in plastic product design and development, and we offer a wide range of services, including injection molding, vacuum forming and plastic fabrication. With decades of experience, our team is capable of handling plastic design and manufacturing projects of all kinds. No matter what your specific needs may be, we have the experience and resources necessary to help you. Get started with a consultation and quote by giving us a call.
Categorised in: Acrylic Plastic Sheets
This post was written by Writer