Press release
MS Resin (SMMA) Market Expected to reach 500 million USD by the end of 2025
MS Resin, also known as SMMA, is a transparent copolymer primarily composed of methyl methacrylate (MMA) and styrene monomer (SM). It has excellent transparency, optical property, good weather-resistivity, easy to process, low hygroscopicity, low residual stress for molded products, and therefore economical for many applications.
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The technical barriers of MS Resin are high, and the MS Resin market concentration degree is higher. The manufacturing bases scatter around the world; the key companies in MS Resin market include Denka (JP), Chi Mei (TW), INEOS Styrolution (US+GE), LG Chem (KR), INEOS Styrenics (US), Resirene (MX).
Currently, the key factors driving the growth of the aforementioned industry are optical materials, toys, house appliance such as food container, lamp shade, and other industries. As the demand increases rapidly for house appliance industries, and the wider range of applications, the demand for MS Resin will correspondingly increase. The increased consumption of MS Resin is expected to continue during the remaining years of the forecast period of 2017-2022. MS Resin industry will usher in a stable growth space. Besides, MS Resin is an alternative for Acrylic, this demanding will also drive the consumption to increase.
The global MS Resin (SMMA) market is valued at 360 million USD in 2017 and is expected to reach 500 million USD by the end of 2025, growing at a CAGR of 4.1% between 2018 and 2025.
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This research report categorizes the China and global MS Resin (SMMA) market by type, end-use industry, and region.
International Manufacturers Covered
Denka (JP)
Nippon Steel & Sumikin (JP)
INEOS Styrolution (DE)
A. Schulman (Network Polymers) (US)
LG MMA (KR)
Resirene (MX)
Deltech Polymers (US)
...
China Local Manufacturers Covered
Chi Mei (TW)
...
By Type
Ordinary grade
Food grade
Optical grade
By Application
Automobile
Electronics
Construction
Optics
Toys and Leisure
Medical Care
Others
By Region
United States
Europe
Japan
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