Synthetic and Bio-based PMMA (Polymethyl Methacrylate) Market
Synthetic and Bio-based PMMA (Polymethyl Methacrylate) Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Synthetic and Bio-based PMMA (Polymethyl Methacrylate) Market Size and Growth
The global Synthetic and Bio-based PMMA market is witnessing significant growth, propelled by rising demand in automotive, electronics, and medical sectors. The market size reached approximately $4.8 billion in 2023, with biobased segments gaining traction due to sustainability initiatives. Projections indicate continued expansion driven by innovation and eco-friendly alternatives.
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Companies Covered
(Covid 19 Impact Covered)
◍ Mitsubishi Chemical
◍ Advent International
◍ Chi Mei
◍ Arkema
◍ Sumitomo Chemical
◍ LG MMA
◍ Double Elephant Optical Material
◍ Kuraray
◍ Plaskolite
◍ Asahi Kasei
◍ PTTGM
◍ Shanghai Jingqi
◍ Zhongmeng Longxin
◍ Lotte MCC
The Synthetic and Bio-based PMMA market features key players like Mitsubishi Chemical, Advent International, and Chi Mei, leveraging innovative production methods and applications in optics, automotive, and electronics. Companies like Arkema and LG MMA enhance market growth through product diversification and sustainability initiatives. Sales figures for select companies include:
- Mitsubishi Chemical: $13 billion
- Arkema: $10 billion
- Chi Mei: $4 billion
- Plaskolite: $1 billion
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