One of the major challenges faced by this market is the fluctuation in the prices of raw materials used for manufacturing acrylic sheets and products. Acrylic sheets are primarily made from poly (methyl methacrylate) or PMMA, which is derived from petroleum. The prices of crude oil and natural gas liquids, from which acrylic monomers are derived, experience constant fluctuations depending on global supply and demand forces. Any surge in crude oil prices ultimately leads to an increase in prices of acrylic raw materials.
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