Pune, India -- (SBWIRE) -- 05/28/2019 -- The Global Polymethyl Methacrylate Market is estimated to grow at CAGR above 8% over the forecast time frame 2019-2026 and reach the market value around USD 8.4 billion by 2026.

In the coming years, the demand for flat-screens in Asia Pacific Light-Emitting Diode (LED) is projected to increase. The market focused on developing bio-based alternatives to tackle the price challenge of raw materials. The introduction of bio-based raw materials, such as renewable organic feedstock MMA, is currently being developed to eco-friendly PMMA. In turn, this is expected to offer new market entrants lucrative growth opportunities.

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The dominant product segment is expected to remain extruded sheets. Typically these sheets have a higher thight tolerance than cast acrylic sheets of + /-10 percent. Due to its high transparency, the product is also expected to witness growth, making it ideal for signs and advertising displays. The presence of leading resin manufacturers and technology capacities to process these resins for end applications characterize North America and Europe. Asia Pacific is expected to be approximately 9% higher than the CAGR in 2019-2026 as a result of increased renewable energy infrastructure investments as well as business projects in China, India and Japan.

End Use Insights

This product is widely used in indoor signs for advertising and direction because it promotes excellent visible light transmission. Fibers made from this material also use telecommunications signs and displays and endoscopy applications because of their property to retain a reflected light ray inside the surfaces. In the automotive sector, the growing demand for lightweight vehicle parts to achieve fuel efficiency increases the PMMA use. The high weathering and UV resistance of the product, together with optimal acoustic properties, are another popular application for automotive glazing.

For low and passive energy buildings, a wide variety of PMMA materials and vacuum isolation panels are used. In heat isolation applications, casting acrylics and extruded sheets are also becoming popular. The growing level of disposable income and government support are expected to drive the market, especially in China, India and Brazil.

Key Findings

Increasing demand is projected to boost the demand for advanced infrastructure and the presence of major auto manufacturers of original equipment (OEMs).

Due to increasing demand for commercial panels, display cases and flyer dispensers, the sign and display segment will expand to over 8% of the highest CAGR.

In order to improve procedural efficiency and reduce operating costs, new markets are actively engaged in development of novel production technologies.

A new field on the global synthetic resin market is the PMMA market. This analysis strategically examines driving and limiting factors for this market and focuses on its growth opportunities. The global market is analyzed with a five-strength Porters model, which helps stakeholders to understand buyers and suppliers ' negotiating power, threats to new entrants and competitive rivals. Buyers ' bargaining power would be higher and buyers would be affected by low bargaining power, because the PMMA products are highly difference than conventional materials in many applications.

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Key Players & Strategies

The main companies in this market have developed new processes to achieve a competitive advantage, including Asahi Kasei Corporation, Mitsubishi Rayon Group, Evonik Industrys, LG MMA Corp, Sumitomo Chemical Company Ltd., Dow Chemical Company, Makevale Group, Kuraray Group, Chi Mei Corporation, Polycasa N.V., and Shanghai Jing-Qi Polymer Science Co.

For example, Lucite International developed Alpha technology, which is a completely novel method of manufacturing MMA using raw materials carbon monoxide, methanol and ethylene. This technology improved operating economies substantially and contributed to a reduction in capital investment. Companies are also committed to strategic initiatives to reinforce their position and boost investment in expansion and capacity development of product lines.

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TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW

1.1. Definition and Scope
1.1.1. Definition of Polymethyl Methacrylate (PMMA)
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Polymethyl Methacrylate (PMMA) Market By Product Type
1.2.2.1. Global Polymethyl Methacrylate (PMMA) Market Revenue and Growth Rate Comparison By Product Type (2015-2026)
1.2.2.2. Global Polymethyl Methacrylate (PMMA) Market Revenue Share By Product Type in 2017
1.2.2.3. Extruded Sheets
1.2.2.4. Acrylic Beads
1.2.2.5. Pellets
1.2.2.6. Others
1.2.3. Polymethyl Methacrylate (PMMA) Market By End Use
1.2.3.1. Global Polymethyl Methacrylate (PMMA) Market Revenue and Growth Rate Comparison By End Use (2015-2026)
1.2.3.2. Global Polymethyl Methacrylate (PMMA) Market Revenue Share By End Use in 2017
1.2.3.3. Construction
1.2.3.4. Automotive
1.2.3.5. Signs & Displays
1.2.3.6. Electronics
1.2.3.7. Others
1.2.4. Polymethyl Methacrylate (PMMA) Market by Geography
1.2.4.1. Global Polymethyl Methacrylate (PMMA) Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Polymethyl Methacrylate (PMMA) Market Revenue and Growth Rate (2015-2026)
1.2.4.3. Europe Polymethyl Methacrylate (PMMA) Market Revenue and Growth Rate (2015-2026)
1.2.4.4. Asia-Pacific Polymethyl Methacrylate (PMMA) Market Revenue and Growth Rate (2015-2026)
1.2.4.5. Latin America Polymethyl Methacrylate (PMMA) Market Revenue and Growth Rate (2015-2026)
1.2.4.6. Middle East and Africa (MEA) Polymethyl Methacrylate (PMMA) Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter's Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS

3.1. Capacity and Commercial Production Date of Global Polymethyl Methacrylate (PMMA) Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Polymethyl Methacrylate (PMMA) Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global Polymethyl Methacrylate (PMMA) Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Polymethyl Methacrylate (PMMA) Major Manufacturers in 2017

CHAPTER 4. POLYMETHYL METHACRYLATE (PMMA) MARKET BY PRODUCT TYPE

4.1. Global Polymethyl Methacrylate (PMMA) Revenue By Product Type
4.2. Extruded Sheets
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Acrylic Beads
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Pellets
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.5. Others
4.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 5. POLYMETHYL METHACRYLATE (PMMA) MARKET BY END USE

5.1. Global Polymethyl Methacrylate (PMMA) Revenue By End Use
5.2. Construction
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Automotive
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Signs & Displays
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Electronics
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.6. Others
5.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. NORTH AMERICA POLYMETHYL METHACRYLATE (PMMA) MARKET BY COUNTRY

6.1. North America Polymethyl Methacrylate (PMMA) Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2. North America Polymethyl Methacrylate (PMMA) Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. Polymethyl Methacrylate (PMMA) Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
6.5. Mexico
6.5.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)

CHAPTER 7. EUROPE POLYMETHYL METHACRYLATE (PMMA) MARKET BY COUNTRY

7.1. Europe Polymethyl Methacrylate (PMMA) Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. Europe Polymethyl Methacrylate (PMMA) Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
7.6.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
7.7.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)

CHAPTER 8. ASIA-PACIFIC POLYMETHYL METHACRYLATE (PMMA) MARKET BY COUNTRY

8.1. Asia-Pacific Polymethyl Methacrylate (PMMA) Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Asia-Pacific Polymethyl Methacrylate (PMMA) Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
8.8.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)

CHAPTER 9. LATIN AMERICA POLYMETHYL METHACRYLATE (PMMA) MARKET BY COUNTRY

9.1. Latin America Polymethyl Methacrylate (PMMA) Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Latin America Polymethyl Methacrylate (PMMA) Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
9.4. Argentina
9.4.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)

CHAPTER 10. MIDDLE EAST POLYMETHYL METHACRYLATE (PMMA) MARKET BY COUNTRY

10.1. Middle East Polymethyl Methacrylate (PMMA) Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Middle East Polymethyl Methacrylate (PMMA) Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Saudi Arabia
10.3.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
10.4. UAE
10.4.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
10.5. Rest of Middle East
10.5.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)

CHAPTER 11. AFRICA POLYMETHYL METHACRYLATE (PMMA) MARKET BY COUNTRY

11.1. Africa Polymethyl Methacrylate (PMMA) Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Africa Polymethyl Methacrylate (PMMA) Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. South Africa
11.3.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
11.4. Egypt
11.4.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
11.5. Rest of Africa
11.5.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)

CHAPTER 12. COMPANY PROFILE

12.1. Asahi Kasei Corporation
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Mitsubishi Rayon Group
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Evonik Industrys
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. LG MMA Corp
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Sumitomo Chemical Company Ltd.
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Dow Chemical Company
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Makevale Group
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Kuraray Group
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Chi Mei Corporation
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Polycasa N.V.
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Shanghai Jing-Qi Polymer Science Co.
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Product Portfolio
12.11.5. Key Developments
12.11.6. Strategies
12.12. Others
12.12.1. Company Snapshot
12.12.2. Overview
12.12.3. Financial Overview
12.12.4. Product Portfolio
12.12.5. Key Developments
12.12.6. Strategies

CHAPTER 13. RESEARCH APPROACH

13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope

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