Polymethyl Methacrylate Market 2020-2025 Growth Drivers and Opportunities

1
Polymethyl Methacrylate Market

• by Type (Extruded Sheets, Pellets, Acrylic Beads,
  Others), Application (Automotive, Construction,
  Electronics, Signs Displays, Others) and by
  Region (North America, Europe, Asia Pacific,
  Middle East and Africa and South America), Global
  Forecasts 2020 to 2025

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2
Global Polymethyl Methacrylate Market Size and
Share-Global Forecast to 2025

• Various factor hampering the growth of PMMA
  consists of volatile price of crude oil,
  availability of raw materials, and frequent
  business conditions of bottleneck availability.
  The key use of this product is transparent glass
  substitute.
• It is used for constructing commercial and
  residential aquariums. The standard glass has now
  been replaced by this glass by the aircraft
  windows and nowadays also by police vehicles used
  in riot control. It is also used in medical
  technologies and implants. Such synthetic
  materials are used to make eyeglasses and contact
  lenses. These are compatible with human tissue
  and are used to manufacture a broader variety of
  eye lenses.
• The only disadvantage associated with is product
  is this has low impact resistance power
  relative to other plastic replacements. At times,
  it is not that solid and can break, without
  breaking, as it may suffer brittle failures.
• In terms of type, the global market is segmented
  into extruded sheets, pellets, acrylic beads, and
  others. In terms of application the global PMMA
  market is segmented into automotive,
  construction, electronics, signs displays, and
  others. In the automotive industry, increased
  demand for lightweight components to achieve fuel
  efficiency is projected to increase PMMA
  consumption.

3
Global Polymethyl Methacrylate Market Size and
Share-Global Forecast to 2025

• The global market of PMMA is also segmented into
  various geographies such as North America,
  Europe, Asia Pacific, Middle East Africa, and
  Central South America. Asia Pacific accounted
  for a major market revenue share owing to the
  presence of China and India. China is also one of
  the largest importers of PMMA and is projected to
  show similar trend over the forecast period. In
  developing countries, the industry is projected
  to witness tremendous potential.
• Several upcoming projects and consolidation of
  major industry participants with manufacturers in
  the region is likely to have a positive impact on
  the market dynamics. Key players include
  Mitsubishi Rayon Group, Evonik Industries AG,
  Kuraray Group, Arkema SA, Sumitomo Chemical
  Company, Chi Mei Corporation, DowDuPont, Asahi
  Kasei Corporation, SABIC.
• On the Applications, the market is bifurcated
  into automotive, construction, electronics, signs
  displays. The product is widely used in
  internally lighted signs for advertising and
  directions since it fosters excellent
  transmission of visible light. The automotive and
  transport industries continue to drive demand on
  the market. The demand for lightweight cars is
  increasing, especially for North American and
  Western Europe, with improved efficiency and
  lower emissions. Construction also plays an
  important role in rising global demand on the
  market

4
Global Polymethyl Methacrylate Market Size and
Share-Global Forecast to 2025

• Key segments across Polymethyl Methacrylate
  market
• Type Overview, 2018-2025, (USD Billion and
  Kilotons)
• Extruded Sheets
• Pellets
• Acrylic Beads
• Others
• Applications Overview, 2018-2025, (USD Billion
  and Kilotons)
• Automotive
• Construction
• Electronics
• Signs Displays
• Others
• Regional Overview, 2018-2025, (USD Billion and
  Kilotons)
• North America
• Europe
• Asia Pacific
• Central South America
• Middle East Africa

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