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Global PMMA Market 2017-2021

Global PMMA Market 2017-2021

About PMMA

PMMA is a synthetic resin produced by the polymerization of methyl methacrylate. It is a clear acrylic material that is replacing glass products. PMMA is a linear thermoplastic polymer that possesses high mechanical strength and is scratch resistant.

Technavio’s analysts forecast the global PMMA market to grow at a CAGR of 4.94% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global PMMA market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of PMMA.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global PMMA Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Arkema
  • Chi Mei Corporation
  • Evonik Industries
  • KURARAY
  • Sumitomo Chemical
Other prominent vendors
  • Asahi Kasei
  • GEHR Plastics
  • Saudi Methacrylates Company (SAMAC)
Market driver
  • Emerging demand from LEDs
  • For a full, detailed list, view our report
Market challenge
  • Shift in manufacturing facilities from west to east
  • For a full, detailed list, view our report
Market trend
  • Increasing demand for PMMA dermal fillers
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global PMMA Market 2017-2021

Technavio recognizes the following companies as the key players in the global PMMA market: Arkema, Chi Mei Corporation, Evonik Industries, KURARAY, and Sumitomo Chemical

Other Prominent Vendors in the market are: Asahi Kasei, GEHR Plastics, and Saudi Methacrylates Company (SAMAC)

Commenting on the report, an analyst from Technavio’s team said: “The rising demand for renewable and sustainable polymers is a key trend in the global PMMA market. Environmental regulation clearance from REACH and EPA is expected to augment the growth of the market, coupled with the growing importance of reducing carbon footprint. The exhaustion of fossil fuel reserves and the volatile petrochemical prices are expected to increase the demand for bio-based PMMA. The development of bio-based PMMA is expected to increase the profitability. Bio-based PMMA is expected to be extensively used in manufacturing medical components owing to its bio-compatibility in comparison with polycarbonate (PC) and Polyvinyl chloride (PVC). The demand for bio-adhesive PMMA in devices-drug delivery systems in human is likely to augment the demand for bio-based PMMA in medical applications. Bio-based PMMA is replacing glass in lightweight engineering plastics owing to its resistance and shatter proof properties. Vendors, therefore, are now shifting focus toward the production of bio-based PMMA, which will drive the global PMMA market.”

According to the report, PMMA covers can be installed for LEDs in TVs instead of fluorescent tubes, as the diodes emit less heat. PMMA molding compounds stay stable, irrespective of the vicinity of the light source, thus enabling LEDs to manage heat more easily. Furthermore, the durability and light transmittance capability of PMMA makes it suitable for use in small to large LED flat screens. The use of PMMA reduces the thickness of the TV and makes it look more attractive. The key benefit of PMMA in LED screens is that the consumption of power can be reduced significantly per TV. These LED TVs are among the top selling products in the visual entertainment segment owing to the advanced technology that makes them lighter and slimmer in comparison with conventional TV models. The increasing awareness about green construction, the growing large screen and display backlighting markets, and the decreasing cost of LEDs will augment the LED market during the forecast period.

Further, the report states that volatility of raw material prices is a major challenge being faced by vendors in the global PMMA market. Petrochemicals are the primary raw materials used in the production of PMMA; its price, therefore, depends significantly on the price of crude oil. With increased volatility in the prices of crude oil in the international market, PMMA manufacturers are finding it difficult to maintain profitability. As a result of the volatile political situation in Iraq, the second largest producer of crude oil in the Organization of the Petroleum Exporting Countries (OPEC), manufacturers have a tough road ahead of them during the forecast period.

Find more reports on related topics - https://www.spendedge.com/

Companies Mentioned

Arkema, Chi Mei Corporation, Evonik Industries, KURARAY, Sumitomo Chemical, Asahi Kasei, GEHR Plastics, and Saudi Methacrylates Company (SAMAC)

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
    • Outlook
      • Table PMMA manufacturing process
      • Table Features of PMMA
  • Market landscape
    • Market overview
      • Table Global PMMA market by application
      • Table Global PMMA market by geography
    • Market size and forecast
      • Table Global PMMA market 2016 and 2021 ($ billions)
      • Table Market size and forecast: Global PMMA market 2016-2021
      • Table Global PMMA market 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Global PMMA market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global PMMA market by application
      • Table Global PMMA market by application 2016 (thousand metric tons)
      • Table Global PMMA market by application 2021 (thousand metric tons)
    • Global PMMA market for signs and display
      • Table Global PMMA market for signs and display 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Global PMMA market for signs and display 2016-2021
    • Global PMMA market for construction industry
      • Table Global PMMA market for construction industry 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Global PMMA market for construction industry 2016-2021
    • Global PMMA market for automotive industry
      • Table Global PMMA market for automotive industry 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Global PMMA market for automotive industry 2016-2021
    • Global PMMA market for electronics industry
      • Table Global PMMA market for electronics industry 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Global PMMA market for electronics industry 2016-2021
    • Global PMMA market for medical and healthcare industry
      • Table Global PMMA market for medical and healthcare industry 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Global PMMA market for medical and healthcare industry 2016-2021
    • Global PMMA market for other applications
      • Table Global PMMA market for other applications 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Global PMMA market for other applications 2016-2021
  • Market segmentation by form
    • Global PMMA market by form
      • Table Global PMMA market by form 2016 (thousand metric tons)
      • Table Global PMMA market by form 2021(thousand metric tons)
    • Global PMMA market by extruded sheets
      • Table Global PMMA market by extruded sheets 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Global PMMA market by extruded sheets 2016-2021
    • Global PMMA market by pellets
      • Table Global PMMA market by pellets 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Global PMMA market by pellets 2016-2021
    • Global PMMA market by cell cast sheets and blocks
      • Table Global PMMA market by cell cast sheets and blocks 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Global PMMA market by cell cast sheets and blocks 2016-2021
    • Global PMMA market by beads
      • Table Global PMMA market by beads 2016 and 2021 (thousand metric tons)
      • Table Market forecast: Global PMMA market by beads 2016-2021
  • Market segmentation by region
    • Global PMMA market by region
      • Table Global PMMA market by region 2016 (thousand metric tons)
      • Table Global PMMA market by region 2021 (thousand metric tons)
    • PMMA market in APAC
      • Table PMMA market in APAC 2016 and 2021 (thousand metric tons)
      • Table Market forecast: PMMA market in APAC 2016-2021
    • PMMA market in Europe
      • Table PMMA market in Europe 2016 and 2021 (thousand metric tons)
      • Table Market forecast: PMMA market in Europe 2016-2021
    • PMMA market in North America
      • Table PMMA market in North America 2016 and 2021 (thousand metric tons)
      • Table Market forecast: PMMA market in North America 2016-2021
    • PMMA market in ROW
      • Table PMMA market in ROW 2016 and 2021 (thousand metric tons)
      • Table Market forecast: PMMA market in ROW 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Applications of PMMA in construction sector
      • Table Applications of PMMA in automotive sector
      • Table Global motor vehicle sales 2015-2020 (millions of units)
    • Impact of drivers on key regions
      • Table Impact of drivers
    • Market challenges
    • Impact of challenges on key region
      • Table Impact of challenges
  • Market trends
    • Growing importance of bio-based PMMA
    • Technological innovations
    • Shift in manufacturing facilities from west to east
    • Increasing demand for PMMA dermal fillers
      • Table Key features of PMMA dermal fillers
  • Vendor landscape
    • Competitive landscape
    • Key market vendors
      • Table Key market vendors
    • Other prominent vendors
  • Key vendor analysis
    • Arkema
      • Table Arkema: Business segmentation by revenue 2015
      • Table Arkema: Geographic segmentation by revenue 2015
    • Chi Mei Corporation (CMC)
      • Table Chi Mei Corporation: Product segmentation
    • Evonik Industries
      • Table Evonik Industries: Business segmentation by revenue 2015
      • Table Evonik Industries: Geographic segmentation by revenue 2015
    • KURARAY
      • Table KURARAY: Business segmentation by revenue 2015
      • Table KURARAY: Geographic segmentation by revenue 2015
    • Sumitomo Chemical
      • Table Sumitomo Chemical: Business segmentation by revenue 2016
      • Table Sumitomo Chemical: Geographic segmentation by revenue 2016
  • Appendix
    • List of abbreviations
  • Explore Technavio

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