Global Polymethyl Methacrylate Market

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Polymethyl Methacrylate (PMMA) Market Size, Market Share,
Analysis, Growth, Industry Trends And Forecasts to 2020: Hexa
Research
"Global Polymethyl Methacrylate (PMMA) market is
expected to witness significant growth by 2020
owing to increasing demand in electronics,
automotive and signs & display applications."
A recent study by Hexa Research reveals that the global Polymethyl Methacrylate (PMMA) Market will
experience growth at a CAGR of more than 6% from 2013 to 2020. Emerging economies of China and India are
giving rise to industries like electronics, signs and displays and automotive, all of which are consumers of
polymethyl methacrylate. Moreover, ongoing research in the area of bio-based PMMA and newer application
areas of optical grade PMMA such as coatings and emulsions, medical and healthcare, solar power, etc. will
propel market growth in future. Other upcoming applications of PMMA are expected to be in industries like
sanitary ware, apparel, furniture, etc.
Based on product type, Hexa Research divides the total PMMA industry into extruded sheets, pellets, beads and
cell cast sheet & blocks. Extruded sheets dominated the global market with more than 54% volumes in 2012.
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The market for beads will grow fastest with a CAGR of more than 6.9% from 2013 to 2020, mainly due to high
demand from coatings and emulsions industry. The largest application segment for global PMMA market in
2012 was signs and display. It contributed to more than 35% of the total market volumes. However, electronics
industry will prove to be the fastest growing application area in future with a CAGR of more than 7.6%. This will
be mainly due to rising demand for LED flat panels and TV screens.
Asia Pacific, with more than 65% of the total demand, was the regional market leader in 2012. It is also
foreseen to be the fastest growing region with expected CAGR of 7.3% from 2013 to 2020. Strong electronic
base in Taiwan, China, South Korea, etc. coupled with relaxed regulations and low-cost resources like labor,
technology, etc. make Asia Pacific a lucrative market for PMMA. While Europe will experience moderate
growth, Middle East, Africa and Latin America will exhibit above-average growth of PMMA.
Hexa Research identifies Chi Mei Corporation, Mitsubishi Rayon, Evonik SA, and Altuglas International to be the
four leading manufacturers of PMMA. These players were responsible for more than 70% of the total global
PMMA production in 2012.
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Table of Content of Polymethyl Methacrylate (PMMA) Market
Chapter 1 Executive Summary
1.1 Polymethyl Methacrylate (PMMA) – Industry Summary & Critical Success Factors (CSFs)
Chapter 2 Polymethyl Methacrylate (PMMA) Industry Outlook
2.1 Market Segmentation
2.2 Market Size and Growth Prospects
2.3 Polymethyl Methacrylate (PMMA) Market Dynamics
2.4 Key Opportunities Prioritized
2.5 Industry Analysis - Porter's
2.6 Polymethyl Methacrylate (PMMA) - Company Market Share Analysis
2.7 Polymethyl Methacrylate (PMMA) - PESTEL Analysis
Chapter 3 Polymethyl Methacrylate (PMMA) Product Outlook
3.1 Extruded Sheets
3.2 Cell Cast Sheets & Blocks
3.3 Pellets
3.4 Beads
Chapter 4 Polymethyl Methacrylate (PMMA) Application Outlook
4.1 Construction
4.2 Electronics
4.3 Automotive
4.4 Signs & Displays
4.5 Other
Chapter 5 Polymethyl Methacrylate (PMMA) Regional Outlook
5.1 North America
5.2 Europe
5.3 Asia Pacific
5.4 RoW
Chapter 6 Competitive landscape
6.1 Evonik Industries AG
6.1.1 Company Overview
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6.1.2 Financial Performance
6.1.3 Product Benchmarking
6.1.4 Strategic Initiatives
6.2 Mitsubishi Rayon Group
6.2.1 Company Overview
6.2.2 Financial Performance
6.2.3 Product Benchmarking
6.2.4 Strategic Initiatives
6.3 Arkema SA (Altuglas International)
6.3.1 Company Overview
6.3.2 Financial Performance
6.3.3 Product Benchmarking
6.3.4 Strategic Initiatives
6.4 Kuraray Group
6.4.1 Company Overview
6.4.2 Financial Performance
6.4.3 Product Benchmarking
6.4.4 Strategic Initiatives
6.5 Chi Mei Corporation
6.5.1 Company Overview
6.5.2 Financial Performance
6.5.3 Product Benchmarking
6.5.4 Strategic Initiatives
6.6 Sumitomo Chemical Co. Ltd.
6.6.1 Company Overview
6.6.2 Financial Performance
6.6.3 Product Benchmarking
6.6.4 Strategic Initiatives
6.7 Dow Chemical Company
6.7.1 Company Overview
6.7.2 Financial Performance
6.7.3 Product Benchmarking
6.7.4 Strategic Initiatives
6.8 Polycasa N.V
6.8.1 Company Overview
6.8.2 Financial Performance
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6.8.3 Product Benchmarking
6.8.4 Strategic Initiatives
6.9 Asahi Kasei Corporation
6.9.1 Company Overview
6.9.2 Financial Performance
6.9.3 Product Benchmarking
6.9.4 Strategic Initiatives
6.10 Daesan MMA
6.10.1 Company Overview
6.10.2 Financial Performance
6.10.3 Product Benchmarking
6.10.4 Strategic Initiatives
6.11 LG MMA
6.11.1 Company Overview
6.11.2 Financial Performance
6.11.3 Product Benchmarking
6.11.4 Strategic Initiatives
6.12 Saudi Basic Industries Corporation (SABIC)
6.12.1 Company Overview
6.12.2 Financial Performance
6.12.3 Product Benchmarking
6.12.4 Strategic Initiatives
6.13 Makevale Group
6.13.1 Company Overview
6.13.2 Financial Performance
6.13.3 Product Benchmarking
6.13.4 Strategic Initiatives
6.14 Shanghai Jing-Qi Polymer Science Co
6.14.1 Company Overview
6.14.2 Financial Performance
6.14.3 Product Benchmarking
6.14.4 Strategic Initiatives
Chapter 7 Methodology and Scope
7.1 Research Methodology
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7.2 Research Scope & Assumption
7.3 List of Data Sources
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About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research
and consulting services to a host of key industries across the globe. We offer comprehensive business
intelligence in the form of industry reports which help our clients obtain clarity about their business
environment and enable them to undertake strategic growth initiatives.
Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
Email: [email protected]
Website - http://www.hexaresearch.com/
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Growing concerns regarding the presence of phthalate plasticizers in PVC has been a major factor for the growing importance for PMMA in medical devices.