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| Market Size | CAGR | Dominating Region |
|---|---|---|
| USD 6.36 billion | 5% | APAC |
| By Type | By Applications | By Region |
|---|---|---|
|
|
|
SCOPE OF THE REPORT
The global Polymethyl Methacrylate Market is expected to grow at 5% CAGR from 2022 to 2029. It is expected to reach above USD 6.36 billion by 2029 from USD 4.1 billion in 2020.
Polymethyl Methacrylate Market Overview
Polymethyl Methacrylate (PMMA) is a synthetic resin produced from the polymerization of methyl methacrylate. It is a transparent and rigid plastic that is commonly used in shatterproof windows, skylights, illuminated signs, and aircraft canopies. The aim of the report is to analyze the present and estimated trends of the global specialty chemical market, as the demand of the product is expected to rise. The report provides a comprehensive analysis of the market potential in various industry applications. The study is focused on the opportunity of the emerging economies of the globe, so that companies can strategically make region specific plans and gain competitive edge. 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. In addition, PMMA’s advance applications in electronic and automotive market also increase its usage.
Rapid digitalization has driven the need for attractive advertising options in the retail industry, leading to increased polymethyl methacrylate demand in signs and displays, lighting, and similar applications. The product is utilized across several industries owing to its inherent advantageous characteristics including high thermal and chemical resistance, durability, low smoke emission, and excellent abrasion resistance.
Manufacturers are utilizing the product as a shatterproof alternative to glass in illuminated signs, aircraft canopies, and shatterproof of windows. It is almost 40% lighter than glass and provides better rigidity, toughness, and transparency. The product also emits negligible amounts of smoke while processing, conforming to stringent manufacturing and emission standards.
| ATTRIBUTE | DETAILS |
| Study period | 2020-2029 |
| Base year | 2021 |
| Estimated year | 2022 |
| Forecasted year | 2022-2029 |
| Historical period | 2018-2020 |
| Unit | Value (USD Billion) Volume (Thousand Units) |
| Segmentation | By Type, By Application, By Region |
| By Type
 |
|
| By Application
 |
|
| By Region
 |
|
Rapidly increasing demand for sustainable polymers backed by favorable government regulations has led to the emergence of bio-based raw materials. It represents an effective alternative to petroleum derivatives and reduces energy consumption by up to 30% during industrial work. Increasing investments in the development of such renewable products are also paving new market avenues.
Multiple technologies including emulsion polymerization, suspension polymerization, and bulk polymerization are deployed in manufacturing. The industry has witnessed several innovative technologies in recent years and major companies have been engaged in extensive R&D to develop innovative products that meet ever-changing consumer needs.
Recovery in automotive production in the post COVID-19 period is expected to bode well for market growth for MMA and PMMA materials. In the coming years, consumption of acrylic resins is expected to grow led by improvements on the economic front, increased activity in construction and architecture industries, and demand rise from automotive (primarily to improve functionality and to reduce weight) and electronics sectors.
Potential opportunities for PMMA market are immense due to its unique aesthetic features and superior chemical characteristics, which make it a highly valuable material for use in several end-use markets. With demand rising from various industries including signs and displays, electronics, sanitary ware, construction, automotive, and lighting fixtures, many PMMA manufacturers are focusing on increasing their production capacities to meet the growing demand.
Polymethyl Methacrylate Market Segment Analysis
The global polymethyl methacrylate market is segmented based on type, application and region. Based on type, the polymethyl methacrylate market is segmented into extruded sheet, cast acrylic sheet, beads and pellets. Extruded sheets are the dominant product segment. It occupied over 51.39% of the global volume share owing to robust demand for high-performance sheets in various industrial sectors. Excellent thickness tolerance of these sheets makes them ideal for applications where complex shapes are required. Additionally, extruded sheets also provide cost-efficiency since they are produced using economical techniques. Increasing usage of acrylic beads as a texturing agent for thermoplastics or coatings is likely to prove conducive to future growth. The segment is expected to grow at the fastest CAGR of 9.2% from 2019 to 2025. These beads are also an ideal ingredient as binders in curable formulations, such as glues, resins, and composites. Increasing demand for aquariums and other structural panels is generating lucrative opportunities for pellets and cast acrylics.
Based on the application, the polymethyl methacrylate market is segmented into sign & display, automobile, construction, electronics, lighting & fixture. The product is widely used in internally lighted signs for advertising and directions since it fosters excellent transmission of visible light. Telecommunication signs and displays and endoscopy applications are also utilizing fiber optics made from this material, owing to its property to retain a beam of reflected light within surfaces. Rising demand for lightweight parts in vehicles to attain fuel-efficiency is boosting PMMA consumption in the automotive sector. Automotive glazing is another popular application owing to the high weathering and UV resistance of the product, along with optimum acoustic properties. A wide array of PMMA pipe materials and vacuum insulation panels are used for low and passive energy buildings. Cast acrylics and extruded sheets are also gaining popularity in thermal insulation applications. Increasing construction activities, mainly in China, India, and Brazil, owing to growing disposable income levels and governmental support is expected to drive the market.
Polymethyl Methacrylate Market Players
The polymethyl methacrylate market key players include Evonik Industries, Mitsubishi Rayon Group, Sumitomo Chemical Company Ltd., The Dow Chemical Company, Chi Mei Corporation, Kuraray Group, Asahi Kasei Corporation, LG MMA Corp., Makevale Group, Shanghai Jing-Qi Polymer Science Co. and, Polycasa N.V.
To increase their market position, these businesses have implemented a variety of growth tactics. These companies are using expansion, new product development, mergers and acquisitions, and collaboration as important growth strategies to improve their product portfolio and geographical presence in order to meet the rising demand for polymethyl methacrylate from emerging economies.
Industry News:
- Feb. 25, 2022-Sumitomo Chemical to Newly Establish MMA Division
- Sumitomo Chemical has decided to establish a new MMA Division as of April 1, 2022, to strengthen its MMA business, which includes MMA (methyl methacrylate) monomer and acrylic resin (PMMA, polymethyl methacrylate). The new division will take charge of strategy formulation and global marketing and sales for the business as a whole.
- June 1, 2022-Asahi Kasei Medical Completes Acquisition of Bionova Scientific, U.S.-based biopharmaceutical CDMO
- Asahi Kasei Medical has completed its acquisition of Bionova Scientific, LLC, a provider of contract process development services and GMP-compliant contract manufacturing services to biopharmaceutical companies as announced on April 19, 2022. The acquisition closed on May 31, 2022 (US Pacific time).
Who Should Buy? Or Key Stakeholders
- Resins & Polymers Industries.
- Chemicals & Materials
- Institutional & Retail Players.
- Investment Research Firms
Polymethyl Methacrylate Market Regional Analysis
The polymethyl methacrylate market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
- Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
- South America: includes Brazil, Argentina and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA
The Asia-Pacific region accounted for the largest market share globally. The demand for PMMA is mainly driven by the increasing demand from industries, such as automotive and transportation, construction, and electrical and electronics. The governments in countries such as China, India, Indonesia, and Singapore have been witnessing huge investments in the construction industry. This is likely to drive the demand for PMMA. The Indian electronics market is expected to reach USD 400 billion by 2025. India is expected to become the fifth-largest consumer electronics and appliances industry in the world by 2025. Additionally, in India, technology transitions, such as the rollout of 4G/LTE networks and IoT (Internet of Things), are driving the adoption of electronics products. Initiatives, such as ‘Digital India’ and ‘Smart City’ projects, raised the demand for IoT in the country.
Key Market Segments: Polymethyl Methacrylate Market
Polymethyl Methacrylate Market by Type, 2020-2029, (USD Million), (Thousand Units)
- Extruded Sheet
- Cast Acrylic Sheet
- Beads and Pellets
Polymethyl Methacrylate Market by Applications, 2020-2029, (USD Million), (Thousand Units)
- Sign & Display
- Automobile
- Construction
- Electronics
- Lighting & Fixture
Polymethyl Methacrylate Market by Region, 2020-2029, (USD Million), (Thousand Units)
- North America
- Europe
- Asia Pacific
- South America
- Middle East and Africa
Important Countries In All Regions Are Covered.
Key Question Answered
- What is the current size of the polymethyl methacrylate market?
- What are the key factors influencing the growth of polymethyl methacrylate?
- What are the major applications for polymethyl methacrylate?
- Who are the major key players in the polymethyl methacrylate market?
- Which region will provide more business opportunities for polymethyl methacrylate in future?
- Which segment holds the maximum share of the polymethyl methacrylate market?
Table of Content
- Introduction
- Market Definition
- Market Segmentation
- Research Timelines
- Assumptions and Limitations
- Research Methodology
- Data Mining
- Secondary Research
- Primary Research
- Subject-Matter Experts’ Advice
- Quality Checks
- Final Review
- Data Triangulation
- Bottom-Up Approach
- Top-Down Approach
- Research Flow
- Data Sources
- Data Mining
- Executive Summary
- Market Overview
- Global Polymethyl Methacrylate Market Outlook
- Market Drivers
- Market Restraints
- Market Opportunities
- Impact of Covid-19 On Polymethyl Methacrylate Market
- Porter’s five forces model
- Threat from new entrants
- Threat from substitutes
- Bargaining power of suppliers
- Bargaining power of customers
- Degree of competition
- Industry value chain Analysis
- Global Polymethyl Methacrylate Market Outlook
- Global Polymethyl Methacrylate Market by Type (USD Million) (Thousand Units)
- Extruded Sheet
- Cast Acrylic Sheet
- Beads And Pellets
- Global Polymethyl Methacrylate Market by Application (USD Million) (Thousand Units)
- Sign & Display
- Automobile
- Construction
- Electronics
- Lighting & Fixture
- Global Polymethyl Methacrylate Market by Region (USD Million) (Thousand Units)
- North America
- US
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Colombia
- Chile
- Rest Of South America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Belgium
- Rest Of Europe
- Asia Pacific
- India
- China
- Japan
- South Korea
- Australia
- New Zealand
- Indonesia
- Taiwan
- Malaysia
- Rest Of Asia Pacific
- Middle East and Africa
- UAE
- Saudi Arabia
- South Africa
- Rest Of Middle East and Africa
- North America
- Company Profiles*(Business Overview, Company Snapshot, Products Offered, Recent Developments)
- Evonik Industries
- Mitsubishi Rayon Group
- Sumitomo Chemical Company Ltd.
- The Dow Chemical Company
- Chi Mei Corporation
- Kuraray Group
- Asahi Kasei Corporation
- LG MMA Corp.
- Makevale Group
- Shanghai Jing-Qi Polymer Science Co.
- Polycasa N.V.                 *The Company List Is Indicative
LIST OF TABLES
TABLE 1Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 2Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 3Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 4Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 5Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL POLYMETHYL METHACRYLATE MARKET BY REGION (USD MILLION), 2020-2029
TABLE 6Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL POLYMETHYL METHACRYLATE MARKET BY REGION (THOUSAND UNITS), 2020-2029
TABLE 7Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 8Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 9Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 10Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 11Â Â Â Â Â Â Â Â Â Â Â Â Â US POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 12Â Â Â Â Â Â Â Â Â Â Â Â Â US POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 13Â Â Â Â Â Â Â Â Â Â Â Â Â US POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 14Â Â Â Â Â Â Â Â Â Â Â Â Â US POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 15Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA POLYMETHYL METHACRYLATE MARKET BY TYPE (MILLIONS), 2020-2029
TABLE 16Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 17Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 18Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 19Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 20Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 21Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 22Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 23Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 24Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 25Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 26Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 27Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 28Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 29Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 30Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 31Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 32Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 33Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 34Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 35Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 36Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 37Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 38Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 39Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 40Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 41Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 42Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 43Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 44Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 45Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 46Â Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 47Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 48Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 49Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 50Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 51Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 52Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 53Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 54Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 55Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 56Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 57Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 58Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 59Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 60Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 61Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 62Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 63Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 64Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 65Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 66Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 67Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH EAST ASIA POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 68Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH EAST ASIA POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 69Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH EAST ASIA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 70Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH EAST ASIA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 71Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 72Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 73Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 74Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 75Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 76Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 77Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 78Â Â Â Â Â Â Â Â Â Â Â Â Â EUROPE POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 79Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 80Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 81Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 82Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 83Â Â Â Â Â Â Â Â Â Â Â Â Â UK POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 84Â Â Â Â Â Â Â Â Â Â Â Â Â UK POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 85Â Â Â Â Â Â Â Â Â Â Â Â Â UK POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 86Â Â Â Â Â Â Â Â Â Â Â Â Â UK POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 87Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 88Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 89Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 90Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 91Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 92Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 93Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 94Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 95Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 96Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 97Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 98Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 99Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 100Â Â Â Â Â Â Â Â Â Â Â RUSSIA POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 101Â Â Â Â Â Â Â Â Â Â Â RUSSIA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 102Â Â Â Â Â Â Â Â Â Â Â RUSSIA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 103Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 104Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 105Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 106Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 107Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 108Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 109Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 110Â Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 111Â Â Â Â Â Â Â Â Â Â Â UAE POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 112Â Â Â Â Â Â Â Â Â Â Â UAE POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 113Â Â Â Â Â Â Â Â Â Â Â UAE POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 114Â Â Â Â Â Â Â Â Â Â Â UAE POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 115Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 116Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 117Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 118Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 119Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 120Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 121Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 122Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029
TABLE 123Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA POLYMETHYL METHACRYLATE MARKET BY TYPE (USD MILLION), 2020-2029
TABLE 124Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA POLYMETHYL METHACRYLATE MARKET BY TYPE (THOUSAND UNITS), 2020-2029
TABLE 125Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (USD MILLION), 2020-2029
TABLE 126Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS (THOUSAND UNITS), 2020-2029Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
LIST OF FIGURES
FIGURE 1Â Â Â Â Â Â Â Â Â Â Â Â Â MARKET DYNAMICS
FIGURE 2Â Â Â Â Â Â Â Â Â Â Â Â Â MARKET SEGMENTATION
FIGURE 3Â Â Â Â Â Â Â Â Â Â Â Â Â REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4Â Â Â Â Â Â Â Â Â Â Â Â Â DATA TRIANGULATION
FIGURE 5Â Â Â Â Â Â Â Â Â Â Â Â Â BOTTOM-UP APPROACH
FIGURE 6Â Â Â Â Â Â Â Â Â Â Â Â Â TOP-DOWN APPROACH
FIGURE 7Â Â Â Â Â Â Â Â Â Â Â Â Â RESEARCH FLOW
FIGURE 8Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL POLYMETHYL METHACRYLATE MARKET BY TYPE, USD MILLION, 2020-2029
FIGURE 9Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL POLYMETHYL METHACRYLATE MARKET BY APPLICATIONS, USD MILLION, 2020-2029
FIGURE 10Â Â Â Â Â Â Â Â Â Â GLOBAL POLYMETHYL METHACRYLATE MARKET BY REGION, USD MILLION, 2020-2029
FIGURE 11          PORTER’S FIVE FORCES MODEL
FIGURE 12Â Â Â Â Â Â Â Â Â Â MARKET SHARE ANALYSIS
FIGURE 13Â Â Â Â Â Â Â Â Â Â EVONIK INDUSTRIES: COMPANY SNAPSHOT
FIGURE 14Â Â Â Â Â Â Â Â Â Â MITSUBISHI RAYON GROUP: COMPANY SNAPSHOT
FIGURE 15Â Â Â Â Â Â Â Â Â Â SUMITOMO CHEMICAL COMPANY LTD.: COMPANY SNAPSHOT
FIGURE 16Â Â Â Â Â Â Â Â Â Â THE DOW CHEMICAL COMPANY: COMPANY SNAPSHOT
FIGURE 17Â Â Â Â Â Â Â Â Â Â CHI MEI CORPORATION: COMPANY SNAPSHOT
FIGURE 18Â Â Â Â Â Â Â Â Â Â KURARAY GROUP: COMPANY SNAPSHOT
FIGURE 19Â Â Â Â Â Â Â Â Â Â ASAHI KASEI CORPORATION: COMPANY SNAPSHOT
FIGURE 20Â Â Â Â Â Â Â Â Â Â LG MMA CORP.: COMPANY SNAPSHOT
FIGURE 21Â Â Â Â Â Â Â Â Â Â MAKEVALE GROUP: COMPANY SNAPSHOT
FIGURE 22Â Â Â Â Â Â Â Â Â Â SHANGHAI JING-QI POLYMER SCIENCE CO.: COMPANY SNAPSHOT
FIGURE 23Â Â Â Â Â Â Â Â Â Â POLYCASA N.V.: COMPANY SNAPSHOT
FAQ
The polymethyl methacrylate market size had crossed USD 4.1 billion in 2020 and will observe a CAGR of more than 5% up to 2029 driven by rapid digitalization which has driven the need for attractive advertising options in the retail industry, leading to increased polymethyl methacrylate demand in signs and displays, lighting, and similar applications.
Asia-Pacific held more than 37% of the polymethyl methacrylate market revenue share in 2020 due to increasing demand from industries, such as automotive and transportation, construction, and electrical and electronics.
The upcoming trends in polymethyl methacrylate market are those multiple technologies including emulsion polymerization, suspension polymerization, and bulk polymerization are deployed in manufacturing.
The global polymethyl methacrylate market registered a CAGR of 5% from 2022 to 2029. The extruded sheets segment was the highest revenue contributor to the market, with 2 billion in 2020, and is estimated to reach 3.1 billion by 2029, with a CAGR of 5%.
Leading application of polymethyl methacrylate market are sign & display. The product is widely used in internally lighted signs for advertising and directions since it fosters excellent transmission of visible light. Telecommunication signs and displays and endoscopy applications are also utilizing fiber optics made from this material, owing to its property to retain a beam of reflected light within surfaces.
Asia-Pacific is expected to hold the largest market share in terms of revenue, during the forecast period. The demand for PMMA is mainly driven by the increasing demand from industries, such as automotive and transportation, construction, and electrical and electronics.
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