Page 1

Polymethyl Methacrylate (PMMA) Market Global Industry Analysis, Trends, Market Size & Forecasts To 2023


Polymethyl Methacrylate (PMMA) Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

Š Infinium Global Research

Page 2


Polymethyl Methacrylate (PMMA) Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

"We have produced a new premium report Polymethyl Methacrylate Market. The report covers the analysis of global as well as regional markets of Polymethyl Methacrylate. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. The report also deep dives into the sub-segments of Polymethyl Methacrylate Market by form(cast acrylic sheet, pellets, extruded

sheet,

beads),

grade(optical

grade

and

general

purpose

grade),

application(construction, electronics, lighting fixtures, signs & displays and automotive) through main geographies in the global market such as North America, Europe, Asia-Pacific and RoW. According to report the global polymethyl methacrylate (PMMA) market is expected to grow at a CAGR of 8.0% over the forecast period of 2017 - 2023. The report covers market changing dynamics including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the Polymethyl Methacrylate Market during the said period. The report also provides market attractiveness analysis, by geography, and market share analysis, by key players respectively. Some of the prominent participants in the Global Polymethyl Methacrylate Market are Asahi Kasei Corporation, Evonik Industries AG, Polycasa N.V., Arkema SA, Sumitomo Chemical Co., Ltd., Mitsubishi Rayon Co., Ltd., Saudi Arabia Basic Industries Corporation (SABIC), CHI MEI Corporation, Kolon Industries, Inc, and Gehr Plastics, Inc.� For More Details Get Free Sample Pages of this Premium Report @ https://www.infiniumglobalresearch.com/reports/sample-request/865 Increasing demand for sustainable polymers to promote growth in the xyz market over 2017 to 2023 Rapid digitalization of rural areas has driven the need for attractive advertising options in the retail industry. Additionally, increasing demand for sustainable polymers backed by favorable government regulations has led to the emergence of bio-based raw materials. However, The LCD light guide made from PMMA provides brighter light than the conventional guide panels. Therefore, PMMA is widely used in LCD light guide and the growth of LCD market drives the PMMA market as well. Eco-friendly PMMA is now being developed with the introduction of Š Infinium Global Research

Page 3


Polymethyl Methacrylate (PMMA) Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

bio-based raw materials such as MMA from renewable organic feedstock. This in turn is anticipated to provide lucrative growth opportunities for new entrants. Asia Pacific region to contribute to growth in the Polymethyl Methacrylate (PMMA) Market over the next 6 years Asia pacific is expected to register the highest growth in the Polymethyl Methacrylate (PMMA). Omkar Harne a research analyst at Infinium Global Research quoted that increasing per capita income among middle class in countries such as China and India is anticipated to fuel automotive sales. The strong growth of LED flat screens sales in countries such as China, India, Japan, South Korea, Thailand, Indonesia, and Malaysia is advertised to remain the key driving factors for market growth within the region. Moreover, the industry is also witnessing significant potential in emerging countries across Central & South America, where the demand for signs & displays was amplified during the Rio Olympics in Brazil (2016). Mergers and Acquisitions to remain key expansion strategies of the leading players in the Polymethyl Methacrylate (PMMA) market between 2017-2023 The leading players identified in the market are Evonik Industries, Mitsubishi Rayon Group, Sumitomo Chemical Company Ltd. Additionally, Evonik Industries AG has come up with ambient illumination in automotive interiors through usage of PMMA molding compounds that are developed, especially, of LED applications. On the other hand, Major participants have also developed novel manufacturing processes in order to gain a competitive advantage. Moreover, Lucite International has developed Alpha technology, an entirely novel method to produce MMA by using carbon monoxide, ethylene, and methanol as raw materials. Segments Covered The report on global polymethyl methacrylate (PMMA) market covers segments such as form, grade and application. The form segments include cast acrylic sheet, pellets, extruded sheet and beads. On the basis of grade the global polymethyl methacrylate (PMMA) market is categorized into optical grade and general purpose grade. Furthermore, on the basis of Š Infinium Global Research

Page 4


Polymethyl Methacrylate (PMMA) Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

application the polymethyl methacrylate (PMMA) market is segmented as construction, electronics, lighting fixtures, signs & displays and automotive. Geographic Coverage The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2015 – 2023.The countries covered in the North America region include the U.S., Canada, and Mexico,while Asia-Pacific includes China, Japan, India, South Korea, Malaysia and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2017 - 2023. Companies Profiled: The report provides profiles of the companies in the global polymethyl methacrylate (PMMA) market such as, Asahi Kasei Corporation, Evonik Industries AG, Polycasa N.V., Arkema SA, Sumitomo Chemical Co., Ltd., Mitsubishi Rayon Co., Ltd., Saudi Arabia Basic Industries Corporation (SABIC), CHI MEI Corporation, Kolon Industries, Inc, and Gehr Plastics, Inc. Report Highlights: The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global polymethyl methacrylate (PMMA) market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of polymethyl methacrylate (PMMA) market. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the © Infinium Global Research

Page 5


Polymethyl Methacrylate (PMMA) Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

polymethyl methacrylate (PMMA) market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers and distributors of the polymethyl methacrylate (PMMA) market to understand the present and future trends in this market and formulate their strategies accordingly. Browse Detailed Description and Company Mentioned in this Report @ https://www.infiniumglobalresearch.com/chemical-material/global-polymethylmethacrylate-market

Š Infinium Global Research

Page 6

Polymethyl Methacrylate Market to 2023: Trends, Business Strategies and Opportunities with Key Playe  

The report on global polymethyl methacrylate (PMMA) market is an in depth analysis of the segments and sub-segments in the polymethyl methac...

Polymethyl Methacrylate Market to 2023: Trends, Business Strategies and Opportunities with Key Playe  

The report on global polymethyl methacrylate (PMMA) market is an in depth analysis of the segments and sub-segments in the polymethyl methac...

Advertisement