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Follow on Google News | Global Polymethyl Methacrylate (PMMA) Market Will Grow at a Steady Rate till 2020Grand View Research has announced the addition of " Global Polymethyl Methacrylate (PMMA) Market Analysis And Segment Forecasts To 2020" Market Research report to their Database
By: Grand View Research PMMA extruded sheets alone accounted for over 55% of global market volumes in 2012. Extruded PMMA sheets find wide applications in numerous industries including electronics, signs and display, construction and automobiles among others. Owing to its new found use in coatings and emulsions market, PMMA beads (powder) form is expected to be the fastest growing market, at an estimated CAGR of 7% from 2013 to 2020. Cell cast sheet and blocks is another PMMA form widely used for construction activities owing to its impact strength and weather resistance. The report “Polymethyl Methacrylate (PMMA) Industry Trends and Market Segment Forecasts to 2020,” is available now to Grand View Research customers and can also be purchased directly at http://www.grandviewresearch.com/ Further Key findings from the study suggest: •Global PMMA market volume is expected to reach 2.85 million tons by 2020, growing at a CAGR of 6.1% from 2013 to 2020 •Signs and display applications emerged as the largest market for PMMA, with over 35% of global volumes in 2012. The electronics industry, including flat display screens, is expected to be the fastest growing application market for PMMA at an estimated CAGR of 7.7% over the next six years. In addition, broadening application of PMMA in other end use industries such as furniture and interiors, sanitary ware, fashion and apparel among others, is expected to boost its consumption over the next six years •Asia Pacific dominated the PMMA market, accounting for over 65% of the global demand in 2012. Along with being the largest market, Asia Pacific is also expected to be the fastest growing market for PMMA, at an estimated CAGR of 7.3% from 2013 to 2020. Europe is expected to witness moderate growth rate in the near future, while Middle East and Africa and Central and South America are expected to show above average growth for PMMA demand •Growth of electronics industry, mainly in Taiwan, South Korea and China is expected to boost the demand for PMMA over the next six years. Asia Pacific is considered to be the most attractive market, with relaxed regulations and cheap availability of labor and technology. Increased production of LED flat panels and LEDTVs has given a boost to PMMA demand in recent years, a trend which is expected to continue over the forecast period Request Sample of this Report @ http://www.grandviewresearch.com/ •The global market for PMMA is highly consolidated and dominated by top multinational corporations. Top four companies namely, Mitsubishi Rayon, Altuglas International, Evonik Industries and Chi Mei Corporation account for approximately three-fourth of the total PMMA produced worldwide in 2012 •For the purpose of this study, Grand View Research has segmented the global PMMA market on the basis of product, application and region: Polymethyl Methacrylate (PMMA) Product Outlook, Extruded Sheets Cell Cast Sheet & Blocks Pellets Beads Polymethyl Methacrylate (PMMA) Application Outlook, Construction Electronics Automotive Signs & Display Other Polymethyl Methacrylate (PMMA) Regional Outlook, North America Europe Asia Pacific Rest of the World About Grand View Research Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: sales@ End
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