Global Polymethyl Methacrylate (PMMA) Market Overview

Global Polymethyl Methacrylate (PMMA) is the Polymer of Methyl Methacrylate Monomer (MMA). It is a tough thermoplastic and transparent plastic, which is commonly called Acrylic.

PMMA is produced by the polymerization of MMA in the presence of an organic peroxide catalyst, accompanied by the liberation of heat and a decrease in volume. It is produced commonly in the form of pellets and sheets.

The Global Polymethyl Methacrylate market volume was valued at US$ 5.8 billion in 2018 and is projected to reach US$ 6.8 billion by 2023, at a CAGR of 3.5% during the forecast period. North East Asia is the major PMMA producing as well as consuming region followed by China and South East Asia.

PMMA resin is majorly consumed in automobile industries while construction, signage and glazing are the major consuming sectors for PMMA sheets. PMMA also consumes household applications, electronics, packaging, furniture, toys etc.

Major manufacturers of PMMA are Chi Mei, Sumitomo Chemicals, Evonik, LG MMA, Lotte MCC, Daeson, Mitsubishi Rayon, Kuraray, Singapore Methyl Methacrylate etc.

This report covers the global scenario on PMMA Industry, Region-wise Supply Demand Analysis and Future Demand Projections for the Africa, South America, North America, Indian Subcontinent, North East Asia, China, South East Asia, Middle East, Europe and Australia. For the Indian scenario this report covers major producers, Supply, Demand, Market Drivers and Future Projection.