Global General Purpose Poly Methyl Methacrylate (PMMA) Market Growth 2023-2029

Global General Purpose Poly Methyl Methacrylate (PMMA) Market Growth 2023-2029

The global General Purpose Poly Methyl Methacrylate (PMMA) market size is projected to grow from US$ 2851.6 million in 2022 to US$ 3509.1 million in 2029; it is expected to grow at a CAGR of 3.0% from 2023 to 2029.

Globally, Röhm, Trinseo, Mitsubishi Chemical and Sumitomo Chemical are the major players in the global market, and PMMA has a high market concentration. In recent years, as the profits of the PMMA industry have declined, some leading companies have divested their PMMA businesses. Globally, Röhm is the global market leader with a global market share of 22%.

China remains as the world’s largest consumer of PMMA. However, consumption growth has slowed in recent years as the country’s downstream industry continues to mature. The supply has also been significantly affected by the ban on plastic scrap imports, which resulted in a sharp decrease in production via recycled PMMA scrap. In China, PMMA use is dominant in construction (lighting fixtures, sanitaryware, and glazing) and automotive applications, while electrical/electronics use (liquid crystal displays, LED flat panel televisions, and notebooks) is the most significant market in most of the other countries in Asia.

General purpose grade of PMMA is largely divided into extrusion and injection purpose. Various pellet type of grades fit for the properties of customer products are available. It is important to select a grade that fits the design of the product. Refer to the following product characteristics for detailed information. Please contact customer service for more information. Injection grade consists of products with flowability. It is important to select a grade appropriate for products being produced. Since conditions of molding can differ according to specifications of injection molding machine, shape of product and mold structure, it is very important to choose proper molding conditions.

LPI (LP Information)' newest research report, the “General Purpose Poly Methyl Methacrylate (PMMA) Industry Forecast” looks at past sales and reviews total world General Purpose Poly Methyl Methacrylate (PMMA) sales in 2022, providing a comprehensive analysis by region and market sector of projected General Purpose Poly Methyl Methacrylate (PMMA) sales for 2023 through 2029. With General Purpose Poly Methyl Methacrylate (PMMA) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world General Purpose Poly Methyl Methacrylate (PMMA) industry.

This Insight Report provides a comprehensive analysis of the global General Purpose Poly Methyl Methacrylate (PMMA) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on General Purpose Poly Methyl Methacrylate (PMMA) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global General Purpose Poly Methyl Methacrylate (PMMA) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for General Purpose Poly Methyl Methacrylate (PMMA) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global General Purpose Poly Methyl Methacrylate (PMMA).

This report presents a comprehensive overview, market shares, and growth opportunities of General Purpose Poly Methyl Methacrylate (PMMA) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Extrusion Grade
Injection Grade

Segmentation by application
Construction Industry
Optoelectronics Industry
Lighting Industry
Automotive Industry
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Röhm
Trinseo
Mitsubishi Chemical
Sumitomo Chemical
LX MMA
Lotte MCC
Chi Mei
Double Elephant Optical Material
Wanhua Chemical
Kuraray
Plaskolite
Asahi Kasei
PTTAC

Key Questions Addressed in this Report

What is the 10-year outlook for the global General Purpose Poly Methyl Methacrylate (PMMA) market?

What factors are driving General Purpose Poly Methyl Methacrylate (PMMA) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do General Purpose Poly Methyl Methacrylate (PMMA) market opportunities vary by end market size?

How does General Purpose Poly Methyl Methacrylate (PMMA) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.