Polymethyl Methacrylate (PMMA) Market worth $7.4 Billion by 2019 Polymethyl Methacrylate (PMMA) Market worth $7.4 B

Polymethyl Methacrylate (PMMA) Market worth $7.4 Billion by 2019
The report “Polymethyl Methacrylate (PMMA) Market by Grade (General, Optical), Type (Pellets, Beads,
Extruded Sheets, Cell Cast & Blocks), & Application (Signs & Displays, Construction, Automotive,
Electronics, Sanitary Ware) - Global Trends & Forecasts to 2019” defines and segments the PMMA market with
an analysis and forecast of the market size by volume and value. The PMMA market size in terms of value is
projected to reach $7.4 billion by 2019, at a CAGR of 6.1% between 2014 and 2019.
Browse 84 market data tables and 50 figures spread through 145 pages and in-depth TOC on “Polymethyl
Methacrylate (PMMA) Market by Grade (General, Optical), Type (Pellets, Beads, Extruded Sheets, Cell Cast &
Blocks), & Application (Signs & Displays, Construction, Automotive, Electronics, Sanitary Ware) - Global
Trends & Forecasts to 2019”
http://www.marketsandmarkets.com/Market-Reports/polymethyl-methacrylate-pmma-market-715.html
Early buyers will receive 10% customization on reports.
The PMMA market is mainly driven by rise in demand for LED flat screens, increasing R&D activities by
manufacturers, and increasing demand for PMMA in automotive, solar, and other sectors. Major factor restraining
the market is fluctuations in prices of methyl methacrylate (MMA) which is used as the raw material for PMMA
production. The opportunity for the PMMA producers lies toward producing bio-based PMMA, and exploring
innovative applications of PMMA which can be the new revenue pockets in the future.
Signs and displays is the major application of PMMA followed by construction and automotive. PMMA demand in the
signs and display segment has increased rapidly due to the fact that signage offers greater flexibility with better
display of information and communication. Electronics is the fastest-growing segment with a CAGR of 6.8% (by
volume) between 2014 and 2019. PMMA is used in LED screens in various electronics equipments. Growth of the
electronics industry in India, China, and Taiwan will contribute towards the demand for PMMA.
The leading players in the market include Mitsubishi Rayon Co. Ltd. (Japan), Arkema SA (France), Evonik Industries
AG (Germany), Chi Mei Corporation (Taiwan), Kuraray Co. Ltd. (Japan), LG MMA Corporation (South Korea), Asahi
Kasei Corporation (Japan), Makevale Group (U.K.) Sumitomo Chemical Co. Ltd. (Japan), and Saudi Basic Industries
Corporation (Saudi Arabia).
The report covers the PMMA market and its trends in four regions, North America, Europe, Asia-Pacific, and Rest of
the World (RoW). The market has also been analyzed on the basis of grade and forms. PMMA grade includes optical
grade and general purpose grade. While, PMMA forms include extruded sheets, cell cast and blocks, pellets and
beads. Applications, such as signs and displays, construction, automotive, lighting fixtures, sanitary ware, and
electronics have also been studied and included in this report.
About MarketsandMarkets
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving
1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of
clients across 8 different industrial verticals. We specialize in consulting assignments and business research across
high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at
MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The
GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers,
write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its
competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and
entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche
markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical
infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of
the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge
market intelligence repository.