The report "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" 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.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=715

Browse in-depth TOC on "Polymethyl Methacrylate (PMMA) Industry Market"

156 - Tables

58 - Figures

206 – Pages

By Form, Extruded Sheet account for the largest share of the PMMA market

Extruded sheets are produced through a continuous process in which the resin is conveyed in a horizontal chamber comprising rotating screws. The extruded sheets obtained through this process offer superior thickness tolerance, thus making them suitable for applications which require intricate shapes. The sheets are softer than cast acrylic but contain impurities. The extruded sheets offer the advantage of clarity, glossy surface, and weather resistance.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=715

By End-use Industry, Construction account for the largest share of the PMMA market

PMMA is utilized in different forms in the building and construction segment. It is used in window frames, furniture, tableware, soundproof walls, greenhouse windows, pool covers, and roofs. PMMA-made products are utilized in architectural and urban development projects (noise barriers and street furniture), contemporary design (shop fittings and furniture), and interior design applications.

It is used in waterproofing applications and to make windows, as it provides rigid, lightweight glazing which resists UV degradation. The construction industry in the Asia Pacific region has been witnessing high growth due to an increase in large infrastructure projects; China has also received massive state investments during the past year. These factors are expected to contribute towards the growth of the construction industry, favoring the use of PMMA in various applications.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=715

By region, Asia Pacific accounted for the largest share in the global PMMA market

Asia Pacific accounted for the largest share of the PMMA market in 2021, followed by North America and Europe. The China is one of the leading producers and consumers of PMMA, globally. Asia Pacific dominates the PMMA market as most of the producers of PMMA are based in the Asia Pacific. New construction projects, greenhouse applications, steady growth in automotive, are driving the PMMA market in the region.

The leading players in the PMMA market are Röhm GmbH (Germany), ChiMei Corporation (Taiwan), Mitsubishi Chemical Holdings Corporation (Japan), Sumitomo Chemical Co., Ltd. (Japan), SABIC (Saudi Arabia), LG Chem Ltd. (South Korea), Trinseo S.A. (US), Kuraray Co., Ltd (Japan), Kolon Industries Inc. (South Korea), Toray Industries, Inc. (Japan), Lotte Chemical Corporation (South Korea), Plaskolite LLC (US), and others.

For More Insights on Polymethyl Methacrylate (PMMA) Market- https://www.prnewswire.com/news-releases/polymethyl-methacrylate-pmma-industry-worth-6-3-billion-by-2027--exclusive-report-by-marketsandmarkets-301543729.html

About MarketsandMarkets

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
[email protected]