Market Insights:

Polymethyl Methacrylate (PMMA) is a transparent thermoplastic that is widely used as a lightweight or shatter-resistant substitute for the glass. PMMA or poly (methyl 2‐methyl propanoate) is the polymer of Methyl Methacrylate with chemical formula C5H8O2) n. It is a clear & colorless polymer available in various forms such as pellet and sheet and is marketed by various firms under brand names such as Plexiglas, Acrylite, Perspex, Plazcryl, Acrylplast, Altuglas, and Lucite, etc. PMMA exhibits superior properties such as excellent scratch resistance, transparency, and weather resistance. Additionally, mechanical and optical property degradation caused by UV exposure is minimal with PMMA. Such characteristics have enabled the PMMA applications in varied end-use industries such as construction, signs & displays, automotive, and electronics.


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Global Key Players:


Arkema SA
Mitsubishi Rayon Co. Ltd.
Sumitomo Chemical Co. Ltd.
CHI MEI Corporation
Evonik Industries AG
Kolon Industries, Inc.
Polycasa N.V.
Saudi Arabia Basic Industries Corporation
Asahi Kasei Corporation
Gehr Plastics, Inc.
Kuraray Group
The Dow Chemical Company
Market Segmentation:

The Global Polymethyl Methacrylate (PMMA) Market is categorized on the basis of type, application, and regions. On the basis of type, the market is segmented into extruded sheets, pellets, cast sheets, and beads. On the basis of the application, the market is classified into signs & displays, construction, automotive, electronics, and others. On the basis of the regions, the market is classified into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

Companies have invested heavily in creative and innovative products and continuous development of prevailing product lines to broaden the current spectrum of applications. For instance, Evonik Industries AG has come up with ambient illumination in automotive interiors through usage of PMMA molding compounds that are developed, especially, of LED applications.

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Regional Analysis:

The Global Polymethyl Methacrylate (PMMA) Market is categorized into five regions, Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Asia Pacific region emerged as the leading regional market driven by factors such as a surge in automotive production coupled with rising construction spending. The strong growth of LED flat screens sales in countries such as China, India, Japan, South Korea, Thailand, Indonesia, and Malaysia is touted to remain the key driving factors for market growth within the region. The rise of smart TV’s in the recent times has further triggered the consumption of PMMA in the electronics industry. Over 45% of the televisions shipped globally in 2016 were smart TVs and is estimated to surpass USD 120 million by 2020.

Europe followed Asia Pacific in terms of demand for Polymethyl Methacrylate. Strong demand for glazing and facades in the region is expected to drive regional market growth. PMMA offers the construction industry long-lasting and superior aesthetics material choice. UV protection, availability in varied colors, and easy casting are some of the prominent features driving its usage in the European construction industry.

Latin America is also expected to witness above-average growth rate with strong growth of the construction and automotive industry. With major automotive companies establishing their respective manufacturing bases in the region, the demand for PMMA is set to rise at a significant rate. Moreover, the global sports events such as Rio Olympics, 2016 and upcoming Central America and Caribbean Games is anticipated to increase the product demand.

Geographical Analysis:

The report covers brief analysis of geographical regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.

Intended Audience

Polymethyl Methacrylate (PMMA) Manufacturers
Traders and Distributors of Polymethyl Methacrylate (PMMA)
Production Process Industries
Potential Investors
Raw Material Suppliers
Nationalized Laboratory
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