Global Polymethyl Methacrylate (PMMA) Market recovered from recession and registered significant growth in 2010 and 2011.
Dallas, TX -- (SBWIRE) -- 07/23/2013 -- According to a new market research report, “Polymethyl Methacrylate (PMMA) Market by Application, Grade & Form - Global Trends & Forecasts (2012 – 2017)”, published by MarketsandMarkets (www.marketsandmarkets.com), the global Polymethyl Methacrylate application market is expected to be worth US$9.7 billion by 2017, growing at a compound annual growth rate of 6.5% from 2012 to 2017. The Asia-Pacific market was estimated to account for nearly 40% of the total revenues in 2011.
- More than 80 Market Data Tables
- More than 163 Pages and In-Depth Table of Content on “Polymethyl Methacrylate Market”.
Early buyers will receive 10% customization on reports.
Polymethyl Methacrylate (PMMA) is available in the form of sheet, pellet or bead having high UV resistance. PMMA is obtained into these different forms (pellets, sheets) by the polymerization of MMA. PMMA is often preferred over glass because of its moderate properties, easy handling and processing, and low cost. PMMA on overall grade basis is divided into two types which include general purpose (GP) and optical grade PMMA.
The signs and displays segment forms the largest application market of the overall Polymethyl Methacrylate Market with an expected $2.6 billion by 2017 and growing at a CAGR of 6.4% from 2012 to 2017. The high market size and consumption of PMMA in signs and displays application segment is due to its extensive use in TFT-LCDs, display panels and screens, and signage’s.
High growth of PMMA application market, presence of major PMMA manufacturers as well as users in Asia-Pacific region, made the dominant market for polymethyl methacrylate (PMMA). The region held a 40.1% share of the global polymethyl methacrylate market, followed by Europe with a 27.9% share in 2011.
Use of polymethyl methacrylate in automotive at presently accounts for around 12.3% of the total polymethyl methacrylate market, revenue wise, but this share is estimated to increase to 13.6% by 2017.
Asia Pacific region is the largest market for polymethyl methacrylate with 40.1% of the global polymethyl methacrylate market revenue share in 2011 and is estimated to reach $4.49 billion by 2017. Europe is the second largest consumer of polymethyl methacrylate followed by North America.
The report segments the global polymethyl methacrylate market revenue by applications, grades and geography. It also focuses on market dynamics such as drivers, restraints, and opportunities.
Buy a copy of this Report @ http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=715
Download Free Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=715
Browse related reports to Aerospace & Defence Market
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com