MRO Magazine

Research and Markets: Global Polymethyl Methacrylate (PMMA) Market 2015-2019 – Growing Importance of Bio-Based Polymethyl Methacrylate


October 28, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/pptznh/global_polymethyl) has announced the addition of the “Global Polymethyl Methacrylate (PMMA) Market 2015-2019” report to their offering.

The report forecasts the global polymethyl methacrylate market to grow at a CAGR of 5.03%, in terms of volume, over the period 2014-2019.

The report, Global Polymethyl Methacrylate Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from various industry experts. The report includes a comprehensive discussion on the market, an extensive coverage of various types of production techniques, applications, and demand-supply dynamics in various geographies.

The report provides comments on both the existing market landscape and its growth prospects over the forecast period. The report further includes a discussion of the key vendors operating in this market.

There are many trends being witnessed in the global PMMA market, including the growing importance of bio based PMMA. Environmental regulation clearance from REACH and EPA is further expected to augment the global PMMA market. Additionally a shift in manufacturing from west to east will further fuel the demand in the global PMMA market.

According to the report, there are many drivers contributing to the growth of the global PMMA market, including emerging demand for LEDs. The key benefit of PMMA in LED screens is the consumption of power. Additionally, intensifying demand from APAC will further spur the global PMMA market. A growing industrial and commercial base coupled with rapid growth of the construction industry in India and China is expected to augment the PMMA market in APAC.

Further, the report states that one of the main challenges is a dearth of demand in Europe the rising unemployment rate, overleveraged banks, and policy spill overs in currency are discouraging bio-polyamide manufacturers from investing in Europe.

The report includes the segmentation of the market based on the following criteria:

  • Form (extruded sheets, cell cast sheet and blocks, pellets, and beads)
  • Application (signs and display, construction, automotive, electronics, medical and health, furniture and interiors, sanitary and others)
  • Geography (APAC, Europe, North America, and ROW)

Key vendors

  • Arkema
  • BASF
  • Chi Mei
  • Evonik
  • Kuraray
  • Mitsubishi Rayon
  • SABIC
  • Sumitomo Chemical

Other prominent vendors

  • Asahi Kasei
  • Makevale Group
  • Polycasa

For more information visit http://www.researchandmarkets.com/research/pptznh/global_polymethyl

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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