Sri Lanka News Search:
Stay Connected
Sponsored Links
Sri Lanka Explorer
Subscribe our Newsletter and receive great deals.


Global Polymethyl Methacrylate (PMMA) Market to Exhibit 7.9% CAGR 2013-2019, Fueled by Rapid Industrialization in Asia Pacific

The global polymethyl methacrylate market is the focus of analysis of a market research report recently published by Transparency Market Research. The report is titled “Polymethyl Methacrylate (PMMA) Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2013 - 2019”.The report states that the market will expand at a healthy 7.9% CAGR over the period between 2013 and 2019, rising from a valuation of US$5.74 bn in 2012 to US$10.53 bn by 2019.


Polymethyl methacrylate is a clear, lightweight, and strong plastic typically used as a replacement for glass owing to its qualities such as weather resistance and energy efficiency. It is available in the market in two grades and can be segregated as general purpose and optical based on the basis of usage. It is used across several applications in industries such as construction, electronics, interiors and furniture, fashion and apparel, solar panels, medicine and healthcare, and sanitary ware.


The report states that the healthy growth of major end-use industries such as electronics, automotive, and signs and displays, especially in developing regions such as Asia Pacific is a major factors driving the global PMMA market. However, volatile prices of raw materials is expected to hinder the growth of the market to a certain extent over the report’s forecast period


The report segments the global polymethyl methacrylate market on the basis of three criteria: product type, application, and geography.On the basis of form, the market has been segmented into extruded sheet, pellets, beads, and cell cast sheets and blocks. Of these, the segment of PMMA extruded sheets accounted for a dominant share of over 70% in the global PMMA market in 2012. PMMA extruded sheets witness huge demand from several traditional end-use industries such as electronics and automobiles. Their demand is projected to remain steady over the report’s forecast period. The segment of PMMA beads, which has started observing significant demand from the emulsions and coatings market, is expected to expand at the fastest pace in the market – at a projected 8.8% CAGR over the report’s forecast period.


Get FREE Sample PDF File Of Polymethyl Methacrylate Market :


Of the key application areas of PMMA, the signs and displays industry emerged as the largest segment in 2012, accounting for a share of 37% in the market in 2012. The electronics industry, especially the segment of flat display screens, is expected to expand at the fastest pace in the global PMMA market over the report’s forecast period. The electronics industry will be a key demand driver for the global PMMA market owing to the rise in demand for consumer electronics in developing regions such as Asia Pacific.


Of the key regional markets for PMMA, Asia Pacific dominated the global PMMA market by accounting for a share of over 50% in 2012. The market for PMMA in Asia Pacific is also anticipated to be the fastest growing regional market over the report’s forecast period.


The competitive landscape of the global PMMA market is concentrated with the top four companies accounting for a share of over 70% in the market. Some of the key vendors in the market are Evonik Industries AG., Mitsubishi Rayon Company, Sumitomo Chemical Company, Arkema SA (Altuglas International), Dow Chemical Company, and Chi Mei Corporation.


About Us


Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.



 TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Add comment

Security code

AddThis Social Bookmark Button

Event Calendar

October 2019
29 30 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2
Select Category
No events
No events
No events