Global Polymethyl Methacrylate (PMMA) Market 2024-2028
The polymethyl methacrylate (PMMA) market is forecasted to grow by USD 1791.3 mn during 2023-2028, accelerating at a CAGR of 5.54% during the forecast period. The report on the polymethyl methacrylate (PMMA) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased demand from the construction industry in emerging economies, strong demand for PMMA from the automotive industry, and increased use of PMMA in the medical sector.
Technavio's polymethyl methacrylate (PMMA) market is segmented as below:
- Extruded sheets
- Signs and display
By Geographical Landscape
- North America
- South America
- Middle East and Africa
This study identifies the growing importance of bio-based PMMA as one of the prime reasons driving the polymethyl methacrylate (PMMA) market growth during the next few years. Also, technological innovations in PMMA products and shifts in manufacturing facilities of PMMA from west to east will lead to sizable demand in the market.
The report on the polymethyl methacrylate (PMMA) market covers the following areas:
- Polymethyl methacrylate (PMMA) market sizing
- Polymethyl methacrylate (PMMA) market forecast
- Polymethyl methacrylate (PMMA) market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading polymethyl methacrylate (PMMA) market vendors that include Asahi Kasei Corp., Avient Corp., Celanese Corp., Chimei Corp., Dow Chemical Co., Gehr Kunstoffwerk GmbH and Co. KG, Go Yen Chemical Industrial Co. Ltd, KURARAY Co. Ltd., LG Chem Ltd., Lotte Chemical Corp., Makevale Group, Mitsubishi Chemical Corp., Nippon Shokubai Co. Ltd., Plaskolite Inc., Roehm GmbH, Samyang Corp., Saudi Basic Industries Corp., Schweiter Technologies AG, Trinseo PLC, and Wanhua Chemical Group Co. Ltd.. Also, the polymethyl methacrylate (PMMA) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.