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Showing posts with the label Polymethyl Methacrylate (PMMA)

Polymethyl Methacrylate (PMMA) Market Foreseen to Grow Exponentially by 2027

  The PMMA market is projected to grow from USD 4.8 Billion in 2022 to USD 6.3 Billion by 2027, at a CAGR of 5.4% during the forecast period. PMMA market is driven by the rising demand from end-use industries, especially automotive, construction, signs & displays, and electronics. Market growth is expected to be restrained due to the availability of substitutes. Expected recovery of the automotive sector from the COVID-19 pandemic and rising penetration of EVs are expected to offer business opportunities in the forecasted period. Browse 491 market data Tables and 56 Figures spread through 324 Pages and in-depth TOC on  "Polymethyl Methacrylate (PMMA) Market by Grade (General Purpose, Optical), Form(Extruded Sheet, Cast Acrylic Sheet, Pellets, Beads),End-Use Industry(Signs & Displays, Construction, Automotive, Lighting Fixtures, Electronics, Marine, Healthcare) & Region - Global Forecast to 2027 " Request Report Sample –  https://www.markets...

The market size of PMMA is likely to register a CAGR of 4.7% till 2021

The PMMA Market is expected to witness a CAGR of 6.1% from 2014 to 2019 in terms of value . Asia-Pacific represents the single-largest market for PMMA (by value) for the same period, followed by the North America and Europe. This is because 93% of PMMA produced for liquid crystal display (LCD) screens is consumed in Asia-Pacific. Countries in this region, such as China, Japan, Korea, and Taiwan, are the global hubs for LCD manufacturing, which use PMMA as an input. This has turned out to be the major driving factor for PMMA demand in Asia-Pacific. Request Report Sample @ http://bit.ly/2KtlLbf The major restraint observed in the market is the fluctuations in raw material price. This has hindered producers to expand their PMMA production capacities. Bio-based PMMA and innovative applications of PMMA are the upcoming opportunities for the PMMA producers.                     ...