Presently, the global polymethyl methacrylate (PMMA) market stands at US$ 4.9 billion and is projected to surpass a valuation of US$ 8.5 billion by the end of 2032, with worldwide demand for PMMA forecasted to increase steadily at a CAGR of 5.9% over the next ten years.
Polymethyl methacrylate is a clear plastic that is mostly used as a substitute for glass owing to its superior characteristics such as better durability, affordable production, scratch resistance, UV light protection, and simple manufacturing as compared to glass.
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Prime polymethyl methacrylate manufacturers and suppliers are expected to adopt strategies that would help them increase their market share and drive revenue generation capacity. Companies are also expected to eye mergers and acquisitions to strengthen their stance and gain a competitive advantage over other market players.
- In May 2021, Trinseo, a global materials manufacturer announced the completion of the acquisition of Arkema’s polymethyl methacrylate (PMMA) business. This acquisition bolstered Trinseo’s product portfolio and strengthened its stance in the global marketplace. Trinseo’s PMMA product portfolio strengthened its stance in the global marketplace.
Key Companies Profiled:
- Arkema SA
- Mitsubishi Chemical Holdings Corporation
- Röhm GmbH
- LG Chem Ltd.
- Evonik Industries
- The Dow Chemical Company
- Kuraray Co. Ltd.
- Lotte Chemical Corporation
- Toray Industries Inc.
- Trinseo S.A.
- Kolon Industries Inc.
- Asahi Kasei Corporation
- CHI MEI Corporation
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Key Segments of PMMA Industry Research
- By Form :
- Extruded Sheets
- Cast Acrylic Sheets
- By Grade :
- General Purpose Grade
- Optical Grade
- By End-use Industry :
- Signs & Displays
- Lighting Fixtures
- Consumer Goods
- Other Industries
- By Region :
- North America
- Latin America
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Questionnaire answered in the Polymethyl Methacrylate (PMMA) Market report include:
- How the market for Polymethyl Methacrylate (PMMA) has grown?
- What is the present and future outlook of the global Polymethyl Methacrylate (PMMA) on the basis of region?
- What are the challenges and opportunities for the Polymethyl Methacrylate (PMMA)?
- Why the consumption of Polymethyl Methacrylate (PMMA) highest in region?
- In which year segment is expected to overtake segment?
What makes Fact.MR report stand out from others?
- Fact.MR follows a six-point mechanism known as E.V.O.L.V.E. (Evaluate. Visualize. Overcome. Leverage. Verify. Eradicate.). The report is specially created to assess the COVID-19 impact on the Polymethyl Methacrylate (PMMA) market. This mechanism focuses on almost all the factors in a definite manner to provide the best research report for the market stakeholders.
- Evaluate: A Fact.MR report evaluates every small aspect that can prove to be a growth generator for the Polymethyl Methacrylate (PMMA) market, thus, making it different and special from other reports.
- Visualize: The authors involved in the research activities visualized the post-COVID-19 era so that the key stakeholders of market get an overview and helps them take certain steps to ensure continuous growth during the forecast period.
- Overcome: The report scrutinizes on points that can prove to be an Achilles heel to the Polymethyl Methacrylate (PMMA) market and assists to create strategies to overcome the obstacles that may hinder the growth of the Polymethyl Methacrylate (PMMA) market.
- Leverage: The Polymethyl Methacrylate (PMMA) market can leverage certain aspects that can prove beneficial for the increase in growth rate. Fact.MR covers all the points on which the key stakeholders can leverage upon.
- Verify: Research is done systematically to assure validation of all the aspects covered in the report. All the points are rechecked and verified thoroughly to avoid flaws and fake information.
- Eradicate: Last but not the least, this aspect helps the key stakeholder eradicate all the obstacles that come between the growth rate and the Polymethyl Methacrylate (PMMA) market.
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