Polymethyl Methacrylate Market 2020-2025 Growth Drivers and Opportunities - PowerPoint PPT Presentation

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Polymethyl Methacrylate Market 2020-2025 Growth Drivers and Opportunities

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Polymethyl Methacrylate Market by Type, Application and by Region (North America, Europe, Asia Pacific, Middle East and Africa and South America), Global Forecasts 2020 to 2025 – PowerPoint PPT presentation

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Title: 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    been replaced by this glass by the aircraft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

5
About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
    materials, healthcare pharmaceuticals,
    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
    segments for revenue growth for companies, and
    many more.
  • US Headquarters3131 McKinney Ave Ste 600
    Dallas, TX 75204 ,U.S.A 
  • Phone 1 (214) 884-6068
  • Email sales_at_adroitmarketresearch.com
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