Global PMMA Market Is Expected to Be Driven by the Growth in End User Industries

Polymethyl 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. It is available in two grades and can be classified as optical and general purpose grades based on its usage.


Albany, NY -- (SBWIRE) -- 08/12/2016 -- Growing demand from key end-use applications such as signs and displays, electronics and automotive industries is expected to boost the global demand for polymethyl methacrylate (PMMA). These industrial sectors are witnessing rapid growth in Asia Pacific, Europe and other regions, thus fuelling the demand for polymethyl methacrylate (PMMA). However, volatile raw material prices of petrochemicals are expected to hinder market growth. Bio-based polymethyl methacrylate (PMMA) is expected to catch up in the near future owing to their eco friendly characteristics and secure raw material supply.

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Research is conducted methodically including secondary as well as primary inquisition related to the polymethyl methacrylate (PMMA) market. Analysis of the polymethyl methacrylate (PMMA) market was done on the basis of our review on key players' product literature, annual reports, press releases and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources financial reports, broker reports, investor presentations, SEC filings, and statistical data from government websites, relevant patent and regulatory databases, trade associations and agencies related to the polymethyl methacrylate (PMMA) market. Secondary sources referred for the polymethyl methacrylate (PMMA) market study include, but are not limited to; ICIS, GPCA plastics, Plasteurope, National Industrial Chemicals Notification and Assessment Scheme (NICNAS), European Plastics News, European Polymer Dispersion and Latex Association (EPDLA) among others.

This report gives a detailed description of the global polymethyl methacrylate (PMMA) market based on volume share (kilo tons) and revenue (USD million) for the period 2013 to 2019. All volumes are expressed as kilo tons of dry polymers. The report highlights the factors contributing towards the growth of the market and the restraints that impede the market. Detailed forecasts for the years 2013-2019 for polymethyl methacrylate (PMMA) have been given separately, for better understanding of the market scenario. The polymethyl methacrylate (PMMA) market is described with respect to their various segments along with the opportunities that are expected in the coming six years. The numbers provided in the report have been derived on the basis of demand for polymethyl methacrylate (PMMA) from various end-user industries across different regions.

For geographic analysis, the global polymethyl methacrylate (PMMA) market has been segmented into regions such as North America, Europe, Asia Pacific, Central and South America (CASA) and Middle East and Africa (MEA). The polymethyl methacrylate (PMMA) market has been segmented based on the following forms – Extruded sheet, pellets, beads and cell cast sheet and blocks. The study also analyses market attractiveness for all segments of polymethyl methacrylate (PMMA) with the help of the market attractiveness tool. The polymethyl methacrylate (PMMA) study segments the market on an application basis, provides forecasts and estimates for each application segment in terms of revenue and volume over the forecast period from 2013 to 2019.

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For a more comprehensive view of the market, a value chain analysis and Porter's five forces model is provided to throw light on the specifics of the industry structure besides giving an overview of the degree of competitiveness. The polymethyl methacrylate (PMMA) report also includes detailed profiles of key players such as Mitsubishi Rayon Company, Evonik Industries AG, Arkema SA, The Dow Chemical Company, Chi Mei Corporation and Sumitomo chemical company among others. The detailed description of players includes parameters such as company overview, financial overview, business strategies and SWOT analysis and recent developments of the company. All market revenues have been calculated on the basis of sales and consumption trends.

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