The report "Polymethyl Methacrylate (PMMA) Market by
Grade (Optical and General Purpose), Form (Extruded, Cast Acrylic, Pellets, and
Beads), and Application (Signs & Displays, Construction, Automotive,
Lighting Fixtures and Electronics) - Global Trends & Forecasts to
2021".
Browse 84 market data Tables and 45 Figures spread
through 140 Pages and in-depth TOC on "Polymethyl Methacrylate (PMMA) Market”.
Request Report Sample At https://www.marketsandmarkets.com/requestsampleNew.asp?id=715
The
market size of PMMA is projected to reach USD 5.56 Billion by 2021, registering
a CAGR of 4.7% during the forecast period. The increased demand of plastics
with high strength, durability, chemical and UV resistance, and high light
transmission among others are some factors that are driving the PMMA market.
Browse 84 market data Tables and 45 Figures spread through
140 Pages and in-depth TOC on "Polymethyl
Methacrylate (PMMA) Market by Grade (Optical and General Purpose), Form
(Extruded, Cast Acrylic, Pellets, and Beads), and Application (Signs &
Displays, Construction, Automotive, Lighting Fixtures and Electronics) - Global
Trends & Forecasts to 2021"
PMMA is a transparent thermoplastic
and impact resistant substitute of glass. It is highly durable, weather, and
chemical-resistant as compared to glass. It is lightweight, rigid, and has
color versatility. PMMA is available in two grades that are optical grade and
general purpose grade. Optical grade PMMA is used to make light guide panels
(LGP), as it provides high brightness and high purity grade making the screen
brighter and cleaner. General purpose is the most common grade that finds
applications in molds, sanitary ware, cosmetics packaging, toys, household
appliances, lighting fixtures, and furniture. PMMA is used in various
applications such as automotive, electronics, construction, signs &
displays, sanitary ware, and lighting fixtures.
General
purpose grade is the largest and widely used grade of PMMA due to its many
applications, thereby increasing its demand. The general purpose grade PMMA
market is estimated to be driven by the rising demand of plastics in various
end-use industries such as automotive, signage, and sanitary ware. Companies
focus on developing new products through R&D activities to gain a
competitive edge in the market.
Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=715
Extruded sheet is the largest form of
PMMA. They are increasingly used because of its easy fabrications, high gloss
surface, weather resistant, excellent clarity, and other properties. Extruded
PMMA sheets are mainly used to make complex structures and designs in the
construction industry. The market is driven by increasing demand from end-use
industries for innovative products and plastics. Extruded PMMA sheets offer
high quality and performance than other thermoplastics, making them suitable
for various industrial applications.
Mitsubishi Rayon Co. Ltd (Japan), Sumitomo Chemical
Co., Ltd (Japan), and Chi Mei Corporation (Taiwan) are some of the major
players in the global PMMA market.
About
MarketsandMarkets™
MarketsandMarkets™
provides quantified B2B research on 30,000 high growth niche
opportunities/threats which will impact 70% to 80% of worldwide companies’
revenues. Currently servicing 7500 customers worldwide including 80% of global
Fortune 1000 companies as clients. Almost 75,000 top officers across eight
industries worldwide approach MarketsandMarkets™ for their painpoints around
revenues decisions.
MarketsandMarkets’s
flagship competitive intelligence and market research platform,
"Knowledgestore" 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.
Contact MarketsandMarkets™:
Mr. Ashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com
Mr. Ashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com
Comments
Post a Comment