The report "Polymethyl Methacrylate (PMMA) Market by Grade (Optical and General Purpose), Form (Extruded, Cast Acrylic, Pellets, and Beads), and Application (Signs & Displays, Construction, Automotive, Lighting Fixtures and Electronics) - Global Trends & Forecasts to 2021".
Browse 84 market data Tables and 45 Figures spread through 140 Pages and in-depth TOC on "Polymethyl Methacrylate (PMMA) Market”.
The market size of PMMA is projected to reach USD 5.56 Billion by 2021, registering a CAGR of 4.7% during the forecast period. The increased demand of plastics with high strength, durability, chemical and UV resistance, and high light transmission among others are some factors that are driving the PMMA market.
Browse 84 market data Tables and 45 Figures spread through 140 Pages and in-depth TOC on "Polymethyl Methacrylate (PMMA) Market by Grade (Optical and General Purpose), Form (Extruded, Cast Acrylic, Pellets, and Beads), and Application (Signs & Displays, Construction, Automotive, Lighting Fixtures and Electronics) - Global Trends & Forecasts to 2021"
The major restraint observed in the market is the fluctuations in raw material price. This has hindered producers to expand their PMMA production capacities. Bio-based PMMA and innovative applications of PMMA are the upcoming opportunities for the PMMA producers.
In this scenario, it is extremely important that the players operating in the market remain competitive by adopting key growth strategies. The companies are focusing on R&D activities to come up with new and innovative products. This is expected to help them gain a competitive edge in the market by launching products for the emerging applications of PMMA. The next most common growth strategy in the market is expansion. Companies are aiming at increased market penetration at regional level by collaborating with regional players; marketing, technology, and channel partners to expand their customer base.
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General purpose grade is the largest and widely used grade of PMMA due to its many applications, thereby increasing its demand. The general purpose grade PMMA market is estimated to be driven by the rising demand of plastics in various end-use industries such as automotive, signage, and sanitary ware. Companies focus on developing new products through R&D activities to gain a competitive edge in the market.
Extruded sheet is the largest form of PMMA. They are increasingly used because of its easy fabrications, high gloss surface, weather resistant, excellent clarity, and other properties. Extruded PMMA sheets are mainly used to make complex structures and designs in the construction industry. The market is driven by increasing demand from end-use industries for innovative products and plastics. Extruded PMMA sheets offer high quality and performance than other thermoplastics, making them suitable for various industrial applications.
Asia-Pacific is the fastest-growing PMMA market, in terms of both value and volume. The presence of growing economies and increasing industrial developments in the region offer enormous opportunities for the use of advance plastic materials in various applications, including PMMA. Automotive and electronics are among the major growing end-use industries for PMMA. The players in the PMMA market are focusing to tap the emerging opportunities in the market of Asia-Pacific. Europe is the second-largest market for PMMA, in terms of volume. The market in this region is primarily driven by the rising demand of high-performance plastics from end-use industries.
Mitsubishi Rayon Co. Ltd (Japan), Sumitomo Chemical Co., Ltd (Japan), and Chi Mei Corporation (Taiwan) are some of the major players in the global PMMA market.
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The latest trending report Global Polymethyl Methacrylate (PMMA) Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The Polymethyl Methacrylate (PMMA) market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.The global Polymethyl Methacrylate (PMMA) market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 1.9%% in the forecast period of 2020 to 2025 and will expected to reach USD 9160.7 million by 2025, from USD 8491.7 million in 2019.Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/32435-polymethyl-methacrylate-pmma-market-analysis-reportThe major players covered in Polymethyl Methacrylate (PMMA) are:Mitsubishi ChemicalKurarayArkemaEvonikDouble Elephant Optical MaterialChi MeiAsahi KaseiLG MMASumitomo ChemicalPlaskolitePTTGMLotte MCCShanghai JingqiZhongmeng LongxinBy Type, Polymethyl Methacrylate (PMMA) market has been segmented intoGeneral PMMAHeat Resistant PMMAImpact Resistant PMMABy Application, Polymethyl Methacrylate (PMMA) has been segmented into:ConstructionPhotoelectricityLightingTransportationOthersThe report offers in-depth assessment of the growth and other aspects of the Polymethyl Methacrylate (PMMA) market in important countries (regions), including:North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India and Southeast Asia)South America (Brazil, Argentina, etc.
)Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Polymethyl Methacrylate (PMMA) Market @ https://www.decisiondatabases.com/contact/download-sample-32435The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Polymethyl Methacrylate (PMMA) product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Polymethyl Methacrylate (PMMA), with price, sales, revenue and global market share of Polymethyl Methacrylate (PMMA) in 2018 and 2019.Chapter 3, the Polymethyl Methacrylate (PMMA) competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Polymethyl Methacrylate (PMMA) breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Polymethyl Methacrylate (PMMA) market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Polymethyl Methacrylate (PMMA) sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Polymethyl Methacrylate (PMMA) Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-32435Other Reports by DecisionDatabases.com:Global 2-Hydroxyethyl Methacrylate Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global 2-Ethylhexyl Methacrylate (2-EHMA) Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Hydroxypropyl Methacrylate Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
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The report sheds light on the highly lucrative Global Polymethyl Methacrylate (PMMA) Market and its diversifying nature.
The report provides a detailed analysis of the market segmentation, size, and share; market dynamics such as the growth drivers, restraints, challenges, and opportunities; service providers, investors, stakeholders, and key market players.
In addition, the report highlights the threat factors that the market will likely encounter over the forecast period.The report provides detailed profile assessments and multi-scenario revenue projections for the most promising industry participants.
The Global Polymethyl Methacrylate (PMMA)report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-polymethyl-methacrylate-2019-2024-783Polymethyl Methacrylate (PMMA) is a thermoplastic polymer of Methyl Methacrylate (MMA).
It is a clear, strong and lightweight plastic generally used as a substitute to glass due to its energy efficiency and weather resistance.According to this study, over the next five years the Polymethyl Methacrylate (PMMA)market will register a 2.4% CAGR in terms of revenue, the global market size will reach US$ 9100 million by 2024, from US$ 8080 million in 2019.
In particular, this report presents the global market share (sales and revenue) of key companies in Polymethyl Methacrylate (PMMA) business, shared in Chapter 3.This report presents a comprehensive overview, market shares, and growth opportunities of Polymethyl Methacrylate (PMMA) market by product type, application, key manufacturers and key regions and countries.This study considers the Polymethyl Methacrylate (PMMA) value and volume generated from the sales of the following segments:Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.General PMMAHeat Resistant PMMAImpact Resistant PMMASegmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.ConstructionPhotoelectricityLightingTransportationOthersThis report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.AmericasUnited StatesCanadaMexicoBrazilAPACChinaJapanKoreaSoutheast AsiaIndiaAustraliaEuropeGermanyFranceUKItalyRussiaSpainMiddle East & AfricaEgyptSouth AfricaIsraelTurkeyGCC CountriesThe report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.The key manufacturers covered in this report: Breakdown data in in Chapter 3.Mitsubishi ChemicalEvonikChi MeiArkemaSumitomo ChemicalLG MMADouble Elephant Optical MaterialKurarayPlaskoliteAsahi KaseiPTTGMShanghai JingqiZhongmeng LongxinLotte MCCIn addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole.
It is projected to reach USD 5.56 billion by 2021, at a CAGR of 4.7% between 2016 and 2021.Browse 84 market data Tables and 45 Figures spread through 140 Pages and in-depth TOC on "Polymethyl Methacrylate (PMMA) Market by Grade (Optical and General Purpose), Form (Extruded, Cast Acrylic, Pellets, and Beads), and Application (Signs & Displays, Construction, Automotive, Lighting Fixtures and Electronics) - Global Trends & Forecasts to 2021".PMMA is a transparent thermoplastic and impact resistant substitute of glass.
PMMA is available in two grades that are optical grade and general-purpose grade.Optical grade PMMA is used to make light guide panels (LGP), as it provides high brightness and high purity grade making the screen brighter and cleaner.
PMMA beads are preferred in the industry, as they are used to enhance the various properties of thermoplastics such as UV resistance, toughness (impact modifiers), optical properties, and chemical resistance.
The demand of PMMA in the Asia-Pacific region is mainly driven by the rising demand for high quality plastics from end-use industries.
Moreover, the growing infrastructural development is increasing the demand of PMMA in the region.“Signs & displays is the largest application”The signs & display segment accounts for the largest share of the PMMA market.
This is due to the favourable properties such as high strength, durability, resistance to chemicals and weathering, and ease of processing, which makes them suitable for making instruction boards, advertising boards, display boards, and signage.
