6th March 2020 – "Polymethyl
Methacrylate (PMMA) Market" 2025 Industry research report covers
the industry overview with Marketplace Size, Share, Development, futuristic
cost, earnings, demand and distribution data. Its wide study offers an
analytical summary of the marketplace that can help to the new and existing
player to take a significant decision.
The global Polymethyl Methacrylate
(PMMA) Market is expected to gain a significant CAGR during the forecast
period. Polymethyl Methacrylate, often termed as PMMA, is a commonly used
thermoplastic polymer in daily life. PMMA is the most commercially used acrylic
polymer and is available under various brand names. PMMA is a widely preferred
replacement for glass since it is highly transparent that is more vulnerable to
serious impact. PMMA is much compatible to the human tissue that makes it important
in the field of prosthetics and ophthalmology due to its transparent
properties.
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Main features of the report:
·
To provide detailed analysis of
the market structure along with forecast of the various segments and
sub-segments of the global Polymethyl Methacrylate (PMMA) Market.
·
A complete backdrop analysis,
which includes an assessment of the parent market
·
Important changes in market
dynamics
·
Market segmentation up to the
second or third level
·
To provide country level
analysis of the market for segment by application, product type and
sub-segments.
·
To provide strategic profiling
of key players in the market, comprehensively analyzing their core
competencies, and drawing a competitive landscape for the market.
·
Track and analyze competitive
developments such as joint ventures, strategic alliances, mergers and
acquisitions, new product developments, and research and developments in the
global Polymethyl Methacrylate (PMMA) Market.
·
Emerging niche segments and
regional markets
·
An objective assessment of the
trajectory of the industry.
Chemically, PMMA is formed due to
emulsion or polymerization of methacrylic acid. The mechanical and optical
properties of PMMA absorb traceable amounts of UV radiation owing to
transparent nature. The small amount of absorbed radiation is energy deficient
and synthesizes the molecular bonds within the material.
Polymethyl methacrylate market is driven
by increase in digitization of rural areas and the rise in need for
advertisement options in the retail industry. PMMA is used across various
industries due to its features comprising high thermal & chemical
resistance, abrasion resistance, and low smoke emission.
By product, the PMMA market segmentation
comprises extruded sheets, acrylic beads, and pellets. Extruded sheets dominate
the product segment due to rise in market share and significant demand for high
performance sheets in industrial domain. End-use segmentation for polymethyl
methacrylate industry involves electronics, construction, automotive, and signs
& displays. Advertising and signs & displays are likely to witness a
significant CAGR during the forecast period.
Geographically, the polymethyl
methacrylate market is segmented into North America, Latin America, Europe,
Asia-Pacific, Middle East and Africa. Asia-Pacific region is likely to gain a
significant CAGR during the forecast period. Rise in per capita income majorly
contributes to the market growth and automotive sales.
Major Companies operating in the
industry are:
·
Evonik Industries
·
Mitsubishi Rayon Group
·
Kuararay Group
·
Asahi Kasei Corporation
·
LG MMA Group
·
Makevale Group
·
The Dow Chemical Company
·
Shanghai Jing-Qi Polymer
Science
·
Polycasa N.V.
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