Polymethyl Methacrylate (PMMA) is a thermoplastic polymer of Methyl Methacrylate (MMA). It is a clear, strong and lightweight plastic generally used as a substitute to glass due to its energy efficiency and weather resistance.
The main market players are Mitsubishi Chemical, Evonik, Chi Mei, Arkema, Sumitomo Chemical and LG MMA. The sales of poly methyl methacrylate (PMMA) increases to 2567.2 K MT in 2018 from 2294.1 K MT in 2013 with an average growth rate of about 2.28%.
Market Analysis and Insights: Global Poly Methyl Methacrylate (PMMA) Market
The global Poly Methyl Methacrylate (PMMA) market was valued at USD 8454.2 million in 2019 and it is expected to reach USD 9862.3 million by the end of 2026, growing at a CAGR of 2.2% during 2021-2026.
The research report has incorporated the analysis of different factors that augment the markets growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
Post time: Jun-25-2021