PMMA Market For Construction Application, By Form (Extruded, Cell Cast Sheets & Blocks), By Application (Greenhouse, Doors & Windows, Sound Barriers, Facades, Balustrades), Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Russia, Spain, Poland, China, India, Japan, South Korea, Australia, Indonesia, Brazil, South Africa, UAE, Saudi Arabia), Price Trend, Competitive Market Share & Forecast, 2018 - 2024
PMMA Market for Construction Application Market may surpass USD 3 billion by 2024; according to a new research report.
Emerging demand for Polymethyl methacrylate material owing to persuading attribute including superior resistivity to UV light, weathering, high light transmission and versatile coloring options should support industry growth. Shifting preferences from glass to shatterproof Polymethyl methacrylate materials should foster PMMA market from construction applications.
Italy PMMA market for construction application from cell cast sheets and blocks may surpass USD 14.5 million by 2024. Polymethyl methacrylate cell cast sheets owing to superior optical clarity, gloss, anti-reflective and matt surface attributes are utilized in construction of aquarium and museum casings. Rising demand for Polymethyl methacrylate cell casts as a superior cost-effective substitute for materials including glass, wood, ceramics and metal for construction applications owing due to its high strength characteristics should boost PMMA market for construction application.
Germany PMMA market from construction application may witness exceed over USD 125 million by 2024. Rising consumption of organic food should boost greenhouse construction activities. Persuading properties including easy installation, high insulation and long-life span have supported utilization of Polymethyl methacrylate material for construction of greenhouse, thereby contributing towards industry growth.
UK PMMA market for construction application from sound barrier products may observe substantial gains of 4.5% by 2024. Rising noise pollutions in major cities due rapid urbanization have given raise to stringent environmental regulations by UK Environment Agency (EA) and Scottish Environment Protection Agency (SEPA). Adverse effects to humans due to rising sound levels have propelled noise barrier products demand which are constructed using polymethyl methacrylate material due to its superior insulation.
India PMMA market for construction application from facades may witness significant gains up to 6% by 2024. Growing demand for contemporary architectural designs for residential and commercial buildings have boosted facades manufacturing industry. Polymethyl methacrylate materials are majorly utilized for manufacturing facades owing to superior aesthetic values and strength. Increasing demand for energy saving solar control and high-performance facades which are contributing to ecofriendly attributes should propel product demand owing to its high rigidity and transparency characteristics.
Growing construction activities in Saudi Arabia supported by Vision 2030 initiative should propel Saudi construction sector. Upcoming and ongoing projects including NEOM, Jeddah tower and Riyadh metro should boost construction sector in MEA region, thereby stimulating market size. The product offers beneficial attributes including superior tensile strength, flexural strength, impact strength and heat resistance which should boost PMMA market for construction application industry growth.
Emission of toxic residues during polymethyl methacrylate manufacturing process results in deteriorating worker’s safety and health. The product is also prone to blow up hazards during polymerization process which may cause severe fatalities which may hamper PMMA market for construction application.
PMMA market for construction application is slightly consolidated with key industry participants includes Mitsubishi chemical group, SABIC, Arkema Group, and Polycasa NV.
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