Polymethyl Methacrylate Market Size, Share, Trends, Opportunity and Forecasts To 2022

Global Polymethyl Methacrylate (PMMA) Market is estimated to be $4.36 billion in 2015 and is expected to reach $6.19 billion by 2022 growing at a CAGR of 5.1% from 2015 to 2022. Factors such as demand for high-performance plastics, increasing use of PMMA microspheres in lighting fixtures, global demand for LCD/LED screens and new substituting technologies in the electronics industry are propelling the market growth. The advancements in medical science & technology, R&D investments in Bio-Based PMMA will provide potential growth opportunity for the PMMA market. Prices of the raw materials, higher costs for energy supply and regulatory concerns on products will inhibit the market growth.

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The signs & display segment accounts for the largest share of the PMMA market, due to its favourable properties. Electronics and construction industries are the fastest growing segments driven by prevailing macroeconomic conditions. PMMA beads are expected to witness the highest growth. Asia-Pacific is estimated to be the fastest growing market for PMMA primarily driven by the demand for high quality plastics from end-user industries. Europe is the largest growing market due to adaptation of premium products across end-user industries such as cosmetic, coatings, and medical in the developed economies such as Germany, France, U.K., and Spain.

Some of the key players in the market include Evonik Industries, Dow Chemical, Arkema SA, Polyone Corporation, Lucite International, Fisher Scientific Co, Ridout Plastics Company, Emco Industrial Plastics Inc, Tap Plastics, Reynolds Polymer Technology, Inc, Mitsubishi Rayon, Saudi Basic Industries Corporation (SABIC), Sumitomo Chemical Singapore Pte Ltd, Kuraray Co Ltd, LG MMA Corporation, Quinn Plastic, Makevale Group, Asahi Kasei Corporation, Chi Mei Corporation, Kolon Industries Inc, Polycasa N.V, Gehr Plastics Inc and Altuglas International S.A

Technologies Covered:

Continuous Bulk Polymerization 
Cast Sheet 
Suspension Polymerization

Fabrication Processes Covered:
Thermoforming
Injection Moulding
Extrusion

Forms Covered:
Beads
Pellets
Cast Acrylic Sheet 
Extruded Sheet 
Blocks 

Applications Covered:
Cast Sheet 
Extruded Sheet 
Optical 
Moulding Super High Heat 
Moulding Impact Modified 
General Purpose

End Users Covered:
Construction 
o Ceramics
o Barriers 
o Flooring 
o Paints & Coatings

Electronics
o Mobile Phones
o LCD Screens 
o Tablets 

Automotive
o Body Parts 
o Accessories 
Signs & Displays
o Display Boards
o Point of Sale Boards
o Signage

Lighting Fixtures
o Solar Equipment 
o Light Guide Panels
Cosmetics 
Medical 
3D Printing Inks 

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What our report offers:

- Market share assessments for the regional and country level segments

- Market share analysis of the top industry players 

- Strategic recommendations for the new entrants

- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets

- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)

- Strategic recommendations in key business segments based on the market estimations

- Competitive landscaping mapping the key common trends

- Company profiling with detailed strategies, financials, and recent developments

- Supply chain trends mapping the latest technological advancements

..…..Continued

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Source: https://marketreportscenter.com/reports/415453/polymethyl-methacrylate-pmma-global-market-outlook-2016-2022