Polymethyl Methacrylate (PMMA) Market worth $7.22 billion by 2030 Globally, at a CAGR of 6% says Exactitude Consultancy

Polymethyl Methacrylate (PMMA) Market

The Exactitude Consultancy has updated its global market reports with latest data for 2024 and projections up to 2030

Polymethyl Methacrylate experiences growing demand due to its transparency, impact resistance, and versatility in various applications, driving market expansionโ€

โ€” Exactitude Consultancy

LUTON, BEDFORDSHIRE, UNITED KINGDOM, March 19, 2024 /EINPresswire.com/ — ๐—š๐—น๐—ผ๐—ฏ๐—ฎ๐—น ๐—ฃ๐—ผ๐—น๐˜†๐—บ๐—ฒ๐˜๐—ต๐˜†๐—น ๐— ๐—ฒ๐˜๐—ต๐—ฎ๐—ฐ๐—ฟ๐˜†๐—น๐—ฎ๐˜๐—ฒ (๐—ฃ๐— ๐— ๐—”) ๐—บ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ถ๐˜€ ๐—ฝ๐—ฟ๐—ผ๐—ท๐—ฒ๐—ฐ๐˜๐—ฒ๐—ฑ ๐˜๐—ผ ๐—ด๐—ฟ๐—ผ๐˜„ ๐—ณ๐—ฟ๐—ผ๐—บ ๐—จ๐—ฆ$ ๐Ÿฐ.๐Ÿด ๐—ฏ๐—ป ๐—ถ๐—ป ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฏ. ๐˜๐—ผ ๐—จ๐—ฆ$ ๐Ÿณ.๐Ÿฎ๐Ÿฎ ๐—ฏ๐—ป ๐—ฏ๐˜† ๐Ÿฎ๐Ÿฌ๐Ÿฏ๐Ÿฌ, ๐—ฎ๐˜ ๐—ฎ ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ผ๐˜‚๐—ป๐—ฑ ๐—ฎ๐—ป๐—ป๐˜‚๐—ฎ๐—น ๐—ด๐—ฟ๐—ผ๐˜„๐˜๐—ต ๐—ฟ๐—ฎ๐˜๐—ฒ (๐—–๐—”๐—š๐—ฅ) ๐—ผ๐—ณ ๐Ÿฒ%.

The Latest Report, titled โ€œPolymethyl Methacrylate (PMMA) Marketโ€ Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030, by Exactitude Consultancy offers a comprehensive analysis of the industry, which comprises insights on the market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The Polymethyl Methacrylate (PMMA) market has been growing significantly in recent years, driven by a number of key factors, such as increasing demand for its products, expanding customer base, and technological advancements. This report provides a comprehensive analysis of the Polymethyl Methacrylate (PMMA) market, including market size, trends, drivers and constraints, Competitive Aspects, and prospects for future growth.

๐†๐ž๐ญ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: @

https://exactitudeconsultancy.com/reports/28061/polymethyl-methacrylate-pmma-market/#request-a-sample

The purpose of this report is to provide valuable insights into market dynamics, enabling users, investors, and business owners to make informed investment decisions. The report offers accurate information on different market segments and highlights the top companies operating in each segment. The authenticity of the data is ensured through verification by industry experts and opinion leaders. The information is gathered through comprehensive primary and secondary research, and it is presented in a well-organized manner using tables, figures, diagrams, and charts to enhance clarity and comprehension of the Polymethyl Methacrylate (PMMA) market trends.

๐Ž๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Œ๐š๐ฒ ๐ˆ๐ง๐œ๐ฅ๐ฎ๐๐ž๐ฌ:

Market Dynamics

Competitive Analysis

Market Trends And Market Outlook

Market Share And Market Size

Opportunities And Customer Analysis

Product Pricing Research

๐๐จ๐ฅ๐ฒ๐ฆ๐ž๐ญ๐ก๐ฒ๐ฅ ๐Œ๐ž๐ญ๐ก๐š๐œ๐ซ๐ฒ๐ฅ๐š๐ญ๐ž (๐๐Œ๐Œ๐€) ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐‚๐จ๐ฏ๐ž๐ซ๐ž๐ ๐ˆ๐ง ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:

Mitsubishi Chemical Corporation, Nippon Shokunai Co, Ltd, RTP Company, Rohm GmbH, LG Chem Ltd, Kuraray Co. Ltd, 3A Composites, Chi Mei Corporation, Asahi Kasei Corporation, Lotte Chemical Corporation,

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ž๐ฐ๐ฌ:

July 2022: Rohm GmbH announced plans to expand its production capacity of PLEXIGLAS, a PMMA molding compound, in Worms, Germany, due to high global demand for its branded polymethyl methacrylate (PMMA).

August 2021: Rohm GmbH announced plans to open a new technology center in Shanghai, China, and Connecticut, United States, with an aim to become a technology leader in methacrylates and offer modern technical applications and development labs for innovative applications.

๐๐จ๐ฅ๐ฒ๐ฆ๐ž๐ญ๐ก๐ฒ๐ฅ ๐Œ๐ž๐ญ๐ก๐š๐œ๐ซ๐ฒ๐ฅ๐š๐ญ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ (๐๐Œ๐Œ๐€) ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ:

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data, and projections with a suitable set of assumptions and methodology. The report also helps in understanding Polymethyl Methacrylate (PMMA) market dynamics, structure by identifying and analyzing the market segments and project the global market size.

Further, the report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTERโ€™s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in the Polymethyl Methacrylate (PMMA) market.

Polymethyl methacrylate is a synthetic resin produced by the polymerization reaction of methyl methacrylate. It is transparent, rigid, and clear plastic usually used as a shatterproof replacement of glass (windows, skylights, laminated signs & aircraft canopies, etc.). This plastic material has proved to be an economical alternative for polycarbonate when tensile strength, transparency, polishing & UV resistance is more important than impact strength and resistance to chemicals & heat.

Moreover, mechanical and optical property degradation caused by UV exposure is minimal with PMMA. Such characteristics have enabled the PMMA applications in various end-use industries such as construction, signs & displays, automotive, and electronics industry. The rise in demand for lightweight automotive elements to improve fuel efficiency & reduce carbon emissions is likely to boost the demand over the forecast period.

The product is widely used in automotive applications comprising windshields & sun visors, caravan windows, taillights & headlights, and automotive glazing, among others. Growth in PMMA demand from the construction industry is largely influenced by prevailing macroeconomic conditions and is subject to vary in different parts of the world.

Growing demand from end-use industries & Increasing demand for LED flat screens are the major drivers fueling the growth of the market. The fluctuating feedstock prices hindered the growth of the market during the forecast period, as due to lack of raw material, manufacturers are unable to produce material in bulk. The rapid development of optoelectronics in terms of technology and adaptability and Growing R&D investments in bio-based PMMA are expected to provide lucrative opportunities for the market. The manufacturing key players are focusing on developing new products through R&D activities to gain a competitive scope in the market.

๐๐จ๐ฅ๐ฒ๐ฆ๐ž๐ญ๐ก๐ฒ๐ฅ ๐Œ๐ž๐ญ๐ก๐š๐œ๐ซ๐ฒ๐ฅ๐š๐ญ๐ž (๐๐Œ๐Œ๐€) ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

Polymethyl Methacrylate (PMMA) Market ๐๐ฒ ๐†๐ซ๐š๐๐ž, 2020-2029, (USD Billion), (Kilotons)

General Purpose

Optical

Polymethyl Methacrylate (PMMA) Market ๐๐ฒ ๐…๐จ๐ซ๐ฆ, 2020-2029, (USD Billion), (Kilotons)

Extruded Sheet

Cast Acrylic Sheet

Pellets

Beads

Polymethyl Methacrylate (PMMA) Market ๐๐ฒ ๐„๐ง๐-๐”๐ฌ๐ž๐ซ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ, 2020-2029, (USD Billion), (Kilotons)

Signs & Displays

Construction

Automotive

Lighting Fixtures

Electronics

Marine

Healthcare

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐š๐ญ: https://exactitudeconsultancy.com/primary-research/

๐Š๐ž๐ฒ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

North America dominated the global industry in 2022 and accounted for the largest share of more than 30% of the overall revenue. The dominant share of the region can be attributed to the high usage of cast acrylic sheets, extruded sheets, pellets, and beads of polymethyl methacrylate in the real estate, construction, signs & display, healthcare, and furniture & design sector. The growing electronics industry, increasing healthcare equipment demand, and rising production of automobiles are also driving the demand for PMMA in the region.

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐ก๐ž ๐Ÿ๐ฎ๐ฅ๐ฅ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐๐ž๐ฌ๐œ๐ซ๐ข๐ฉ๐ญ๐ข๐จ๐ง, ๐ฌ๐ฎ๐ฆ๐ฆ๐š๐ซ๐ฒ, ๐Ÿ๐ข๐ ๐ฎ๐ซ๐ž ๐ญ๐š๐›๐ฅ๐ž, ๐ ๐ซ๐š๐ฉ๐ก, ๐ž๐ญ๐œ. ๐š๐ญ:

https://exactitudeconsultancy.com/reports/28061/polymethyl-methacrylate-pmma-market/

๐“๐ก๐ž ๐†๐ฅ๐จ๐›๐š๐ฅ ๐๐จ๐ฅ๐ฒ๐ฆ๐ž๐ญ๐ก๐ฒ๐ฅ ๐Œ๐ž๐ญ๐ก๐š๐œ๐ซ๐ฒ๐ฅ๐š๐ญ๐ž (๐๐Œ๐Œ๐€) ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‚๐จ๐ฏ๐ž๐ซ๐ฌ ๐ญ๐ก๐ž ๐…๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ƒ๐š๐ญ๐š ๐๐จ๐ข๐ง๐ญ๐ฌ:

Section 1: This section provides an overview of the global market, including a general market introduction and market analysis by type, region, and application. North America, Europe, Asia Pacific, Middle East and Africa are the major geographical regions of the global Polymethyl Methacrylate (PMMA) market industry. This section provides industry statistics and forecasts for the market from 2024 to 2030. Market dynamics explain the potential, the main forces and market risks in the workplace.

Section 2: The Polymethyl Methacrylate (PMMA) market manufacturerโ€™s profile in this field is classified by company overview, product type and application. Each company is detailed in this study in its sales volume, product prices in the market, gross margin analysis and market share.

Section 3 and Section 4: Depending on the sales, profitability and market share of each manufacturer, these sections describe the competitiveness of the Polymethyl Methacrylate (PMMA) market. In addition, he will discuss industry scenarios according to local conditions.

Section 5 and Section 6: These sections provide forecast data for the Polymethyl Methacrylate (PMMA) Market (2024-2030) by region. The study presents development trends as well as sales channels including merchants, distributors and direct and indirect marketing.

Section 7 and Section 8: These pieces deal with important research results and conclusions for industry, analysis methods and data sources.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐‹๐ข๐ง๐ค๐ฌ:

https://exactitudeconsultancy.com/zh-CN/reports/28061/polymethyl-methacrylate-pmma-market/

https://exactitudeconsultancy.com/ko/reports/28061/polymethyl-methacrylate-pmma-market/

https://exactitudeconsultancy.com/ja/reports/28061/polymethyl-methacrylate-pmma-market/

https://exactitudeconsultancy.com/iw/reports/28061/polymethyl-methacrylate-pmma-market/

https://exactitudeconsultancy.com/fr/reports/28061/polymethyl-methacrylate-pmma-market/

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.

๐‚๐จ๐ง๐ง๐ž๐œ๐ญ ๐ฎ๐ฌ ๐จ๐ง:

Irfan T
Exactitude Consultancy
+1 704-266-3234
email us here
Visit us on social media:
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LinkedIn



Article originally published on www.einpresswire.com as Polymethyl Methacrylate (PMMA) Market worth $7.22 billion by 2030 Globally, at a CAGR of 6% says Exactitude Consultancy

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