Polymethyl Methacrylate (PMMA) is a synthetic resin produced from the polymerization of methyl methacrylate. It is a transparent and rigid plastic that is commonly used in shatterproof windows, skylights, illuminated signs, and aircraft canopies. The aim of the report is to analyze the present and estimated trends of the global specialty chemical market, as the demand of the product is expected to rise. The report provides a comprehensive analysis of the market potential in various industry applications. The study is focused on the opportunity of the emerging economies of the globe, so that companies can strategically make region specific plans and gain competitive edge.
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World polymethyl methacrylate (pmma) market analysis, demand, growth, opportunities and forecasts, 2014-2020
1. v
Polymethyl Methacrylate (PMMA) Market
Size, Share, Global Trends, Company Profiles, Demand, Insights,
Analysis, Research, Report, Opportunities, Segmentation and
Forecast, 2014 - 2020
www.alliedmarketresearch.com
Upcoming Date: July-2015
Category: Materials and Chemicals
2. REPORT OVERVIEW
Polymethyl Methacrylate (PMMA) is a synthetic resin produced from the polymerization of
methyl methacrylate. It is a transparent and rigid plastic that is commonly used in
shatterproof windows, skylights, illuminated signs, and aircraft canopies. The aim of the
report is to analyze the present and estimated trends of the global specialty chemical
market, as the demand of the product is expected to rise. The report provides a
comprehensive analysis of the market potential in various industry applications. The study
is focused on the opportunity of the emerging economies of the globe, so that companies
can strategically make region specific plans and gain competitive edge.
The LCD light guide made from PMMA provides brighter light than the conventional guide
panels. Therefore, PMMA is widely used in LCD light guide and the growth of LCD market
drives the PMMA market as well. In addition, PMMA’s advance applications in electronic
and automotive market also increase its usage. Moreover, the manufacturers of PMMA are
spending a substantial amount of money in R&D and focusing towards its capacity plans.
The deficiency of raw material for the production of PMMA is the major restraint for the
market growth. Due to the scarcity of raw material, manufacturers are unable to produce
the material in bulk. PMMA is used in various industries such as automotive, electronics,
construction, signs & displays, sanitary ware, etc. The economic growth of these industries
would drive the market for PMMA in long run.
3. REPORT OVERVIEW
Application Market Analysis:
On the basis of application, the market is segmented into automotive, electronics,
construction, signs & displays, sanitary ware, lighting fixtures and others. Due to its
excellent properties such as transparency, water resistance, light weight and rigidity,
PMMA is largely used in sign and display industries for the manufacturing of LCD display
panels.
Geography Market Analysis:
Based on geography, the market is segmented into North America, Europe, Asia Pacific and
LAMEA. Countries in Asia pacific, namely, China and Japan have a huge market for
electronics, light fixtures and Signs & displays, which are the major applications segment
of PMMA. Therefore, PMMA market generates maximum revenue from these regions.
HIGH LEVEL ANALYSIS:
The PMMA market is an emerging field of the global synthetic resin market. The driving
and restraining factors for this market are strategically dealt in this analysis and emphasis
is given towards its growth opportunities. The global market is analyzed using Porter’s five
force model, which assists the stakeholders to understand the bargaining power of buyers
& suppliers, threat of new entrants and competitive rivalry.
4. KEY BENEFITS
• The analysis helps in understanding the strategies adopted by various companies for
the growth of the global PMMA market
• The market conditions of this product across all geographic regions are
comprehensively analyzed
• Porter’s five forces model gives a in-depth analysis of the bargaining power of buyers &
suppliers, threats of new entrants & substitutes and competition amongst the key
market players
• The drivers and restraints of this market are systematically analyzed and emphasis is
laid on the present opportunities in this market
• The value chain analysis offers key insights to the stake holders of this market.
5. MARKET BY APPLICATION
MARKET BY
APPLICATIONAutomotive
Electronics
Construction
Signs &
displays
Sanitary
ware
Lighting
fixtures
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methacrylate-pmma-market