Owing to Unique Properties, Global PMMA Market to Reach 2.8M MTs by 2028

By: Industry Experts, Inc
LOS ANGELES - April 21, 2023 - PRLog -- Industry Experts, Inc. unveiled a global market research report on Polymethyl Methacrylate (PMMA). The new report entitled "Polymethyl Methacrylate (PMMA) – A Global Market Overview" thoroughly analyzes the global market including end-use applications and the impact of Covid-19. The production capacities are listed by major manufacturers and by key regions.

PMMA offers unique properties such as outstanding light transmission, inherently stable to UV-light, and excellent scratch and impact resistance. These properties make PMMA the ideal material for several applications in sectors like transportation, architecture, electronics and medical. Building & construction, automotive and electrical & electronics are the three largest markets for PMMA with a combined share of around 77% in 2022.

Impact of COVID-19 on the global PMMA compounds and sheets market was moderate in 2020, attributed to robust demand for protective/barrier screens partially offsetting huge decline in demand from automotive industry. Demand for PMMA has recovered sharply in 2021 after a moderate 2.3% year-over-year (YOY) decline in 2020 and is further expected to maintain a CAGR of 3.1% through 2028. PMMA market growth will be strong in automotive & transportation, building & construction and electrical & electronics sectors.

The report explores the end-use applications market for Polymethyl Methacrylate (PMMA) comprising Appliances, Automotive & Transportation, Building & Construction, Electrical & Electronics, Lighting, Sings & Displays and Others including medical, optical, consumer goods and packaging.

This report analyzes and projects the PMMA market for global and the regional markets including the North America, Europe, Asia-Pacific, South America and Rest of World for the period 2019-2028 in terms of volume consumption in metric tons as well as value market in US$. These regional markets further analyzed for 18 independent countries across North America – The United States, Canada and Mexico; Europe – France, Germany, Italy, the Netherlands, Russia, Spain and the United Kingdom; Asia-Pacific – China, India, Japan, South Korea, Taiwan and Thailand; and South America – Argentina and Brazil.

This 237-page global market research report on PMMA comprise 200 charts (includes a data table and graphical representation for each chart), supported with a meaningful and easy to understand graphical presentation, of the market. The statistical tables represent the data for the global market by geographic region and end-use application. This report profiles 14 key global players and also provides the listing of the companies engaged in the manufacturing and supply of Polymethyl Methacrylate (PMMA). The global list of companies covers addresses, contact numbers and the website addresses of 31 companies.

California, USA based Industry Experts, Inc. is a multi-industry focused market research provider.

For more details, please visit: https://industry-experts.com/verticals/chemicals-and-mate...

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