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

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
  
  
  
  
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• Asia-Pacific
  
  
  
  • China
  
  
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• 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.