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Polymethyl Methacrylate (PMMA) Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: The Lubrizol Corporation, Michelman Inc., Perstorp Holding AB, LANXESS AG, Hauthaway Corporation

01 Jun, 2022 | 119 Pages
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Acknowledging the kind of traction gained by this market, Industry data Analytics recently published a study report asserts the global Polymethyl Methacrylate (PMMA) Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 6.8% during the review period (2022 to 2027).



Polymethyl Methacrylate (PMMA) Market Overview



The rapid development and rise in usage of superior polymeric materials in diverse end-user industries have led to the growth of the market. One of the main aspects accountable for the growth in demand for Polymethyl Methacrylate (PMMA)s is its wide range of applications in the automobile sector. It is used as adhesives, sealants, and coatings during the production of different parts of automobiles. Additional major application for Polymethyl Methacrylate (PMMA)s is in the paint and coatings industry. These materials are gaining popularity in substantial end-user industries such as the construction industry as it offers high durability and resistance against weathering. Polymethyl Methacrylate (PMMA)s are eco-friendly in nature and are being preferred by the major end-user industries over conventional dispersions where several volatile organic chemicals are used. On the other hand polyurethane is also used in the production of furniture as well as leather and textile products. However, the fluctuating prices of the raw materials limit the Polymethyl Methacrylate (PMMA) market growth.



Recent Developments:



Lubrizol Introduces Aptalon™ W8062 High Performance Polymethyl Methacrylate (PMMA)



August 7, 2018: The Lubrizol Corporation announces the commercial availability of Aptalon™ W8062 high performance Polymethyl Methacrylate (PMMA), a new offering from its breakthrough Aptalon™ Polyamide Polyurethane technology portfolio.



Who are the Major Players in Polymethyl Methacrylate (PMMA) Market?



The Polymethyl Methacrylate (PMMA) Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, and the prices they charge. These are the main players in this market includes  Röhm GmbH (Germany), ChiMei Corporation (Taiwan), Mitsubishi Chemical Holdings Corporation (Japan), Sumitomo Chemical Co., Ltd. (Japan), SABIC (Saudi Arabia), LG Chem Ltd. (South Korea), Trinseo S.A. (US), Kuraray Co., Ltd (Japan), Kolon Industries Inc. (South Korea), Toray Industries, Inc. (Japan), Lotte Chemical Corporation (South Korea), Plaskolite LLC (US),Lubrizol and others.



What are the major Applications, Types and Regions for Polymethyl Methacrylate (PMMA) Market?



Polymethyl Methacrylate (PMMA) Market is segmented based on the Types, Applications, companies and regions.



By Product Types




  • Extruded Sheets

  • Pellets

  • Acrylic Beads

  • Others



 By Applications




  • Automotive

  • Construction

  • Electronics

  • Signs & Displays

  • Others



 Polymethyl Methacrylate (PMMA) Market Regional Analysis



Asia Pacific Polymethyl Methacrylate (PMMA) market led the global industry with a market estimate exceeding USD 300 million in previous year. This domination is projected to continue over the forecast period. Europe was the second main market followed by North America. North American market demand is presumed to witness a CAGR of 5%.



Asia Pacific is anticipated to witness brisk growth in the near future. Developing economies such as China, Brazil, South Africa and India are anticipated to lead their respective regional markets. European and North American markets are projected to witness a slightly moderate growth due to end-use industry saturation and weak European economy.




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





What is our Polymethyl Methacrylate (PMMA) Market report scope?



 























































Report Attributes



Report Details



Forecast Period 2022 to 2027 CAGR



CAGR of 6.8% during the review period (2022 to 2027).



By Product Type




  • Extruded Sheets

  • Pellets

  • Acrylic Beads

  • Others



By Application




  • Automotive

  • Construction

  • Electronics

  • Signs & Displays

  • Others



By Companies



Röhm GmbH (Germany), ChiMei Corporation (Taiwan), Mitsubishi Chemical Holdings Corporation (Japan), Sumitomo Chemical Co., Ltd. (Japan), SABIC (Saudi Arabia), LG Chem Ltd. (South Korea), Trinseo S.A. (US), Kuraray Co., Ltd (Japan), Kolon Industries Inc. (South Korea), Toray Industries, Inc. (Japan), Lotte Chemical Corporation (South Korea), Plaskolite LLC (US)



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



119



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Polymethyl Methacrylate (PMMA) Report




  • Evaluate Polymethyl Methacrylate (PMMA) market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.

  • Analyze the sales and distribution channels across geographies to enhance top-line revenues.

  • Market share held by each application segment with respect to the market renumeration and sales estimates over the forecast timeline are stated in the report.

  • Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Polymethyl Methacrylate (PMMA) market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

  • It further investigates the specifics that are positively impacting the profit graph of this business sphere.

  • The study also elaborates the critical factors which will augment the commercial terrain of the Polymethyl Methacrylate (PMMA) market.



Frequently Asked Questions



What is the study period of this market?



The Polymethyl Methacrylate (PMMA) Market is studied from 2017 - 2027.



What is the growth rate of Polymethyl Methacrylate (PMMA) Market?



The Polymethyl Methacrylate (PMMA) Market is growing at a CAGR of 6.8% over the next 5 years.



Who are the leading key players in Polymethyl Methacrylate (PMMA) Market?



Röhm GmbH (Germany), ChiMei Corporation (Taiwan), Mitsubishi Chemical Holdings Corporation (Japan), Sumitomo Chemical Co., Ltd. (Japan), SABIC (Saudi Arabia), LG Chem Ltd. (South Korea), Trinseo S.A. (US), Kuraray Co., Ltd (Japan), Kolon Industries Inc. (South Korea), Toray Industries, Inc. (Japan), Lotte Chemical Corporation (South Korea), Plaskolite LLC (US)



What regions regions does this Polymethyl Methacrylate (PMMA) Market report covers?



North America (the United States, Canada, and Mexico)



Europe (Germany, France, UK, Russia, and Italy)



Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)



South America (Brazil, Argentina, Colombia, etc.)



The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)



What are the significant Types of Polymethyl Methacrylate (PMMA) Market?



Extruded Sheets, Pellets, Acrylic Beads, Others



What are the significant Applications of Polymethyl Methacrylate (PMMA) Market?



Automotive, Construction, Electronics, Signs & Displays, Others



All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.



 


  1. INTRODUCTION

    1. MARKET DEFINATION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMLINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL POLYMETHYL METHACRYLATE (PMMA) MARKET BY TYPES

    3. GLOBAL POLYMETHYL METHACRYLATE (PMMA) MARKET BY APPLICATIONS



  4. MARKET DYNAMICS

    1. DRIVERS

      1. INCREASING DEMAND FOR POLYMETHYL METHACRYLATE (PMMA)



    2. RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGUALTIONS

      2. HIGH COST ON MATERIALS



    3. OPPORTUNITIES

      1. POLYMETHYL METHACRYLATE (PMMA) GROWTH

      2. APPLICATION OF POLYMETHYL METHACRYLATE (PMMA)



    4. IMPACT OF COVID 19



  5. GLOBAL POLYMETHYL METHACRYLATE (PMMA) MARKET, BY TYPES

    1. INTRODUCTION

    2. LOW SOLVENT

    3. SOLVENT-FREE

    4. OTHERS



  6. GLOBAL POLYMETHYL METHACRYLATE (PMMA) MARKET, BY APPLICATION

    1. INTRODUCTION

    2. PAINTS & COATINGS

    3. ADHESIVE & SEALANTS

    4. FIBER FINISHING

    5. TEXTILE FINISHING

    6. OTHERS



  7. GLOBAL POLYMETHYL METHACRYLATE (PMMA) MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASEAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1.  Röhm GmbH (Germany),

      2. ChiMei Corporation (Taiwan),

      3. Mitsubishi Chemical Holdings Corporation (Japan),

      4. Sumitomo Chemical Co., Ltd. (Japan),

      5. SABIC (Saudi Arabia),

      6. LG Chem Ltd. (South Korea),

      7. Trinseo S.A. (US),

      8. Kuraray Co., Ltd (Japan),

      9. Kolon Industries Inc. (South Korea),

      10. Toray Industries, Inc. (Japan),

      11. Lotte Chemical Corporation (South Korea),

      12. Plaskolite LLC (US)





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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