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PMMA Polymer Market 2022 Insights with Statistics and Growth Prediction - Mitsubishi Chemical, Chi Mei, Arkema, Sumitomo Chemical, LG MMA
The "PMMA Polymer" Market report offers qualitative and quantitative insights and a detailed analysis of market size & growth rate for all possible segments in the market. The Global PMMA Polymer Industry presents a market overview, product details, classification, and market concentration. The report also provides an in-depth survey of key players in the market which is based on various competitive intelligence parameters like company profiles, product picture and specification, capacity, production, price, cost, revenue, and contact information. The PMMA Polymer Market report provides an in-depth study of SWOT analysis i.e. Strength, Weakness, Opportunities, and Threat to the organization.The Global PMMA Polymer market is projected to register a CAGR of more than 6% during the forecast period (2021-2026).
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Top Companies in the Global PMMA Polymer Market: Mitsubishi Chemical, Evo-nik, Chi Mei, Arkema, Sumitomo Chemical, LG MMA, Double Elephant Optical Material, Kuraray, Plaskolite, Asahi Kasei, PTTGM, Shanghai Jingqi, Zhongmeng Longxin, Lotte MCC, and others.
Regional Analysis:
The Asia-Pacific Region to Dominate the Market
The Asia-Pacific region accounted for the largest market share globally. The demand for PMMA is mainly driven by the increasing demand from industries, such as automotive and transportation, construction, and electrical and electronics.
The governments in countries such as China, India, Indonesia, and Singapore have been witnessing huge investments in the construction industry. This is likely to drive the demand for PMMA.
Currently, China has numerous airport construction projects, such as Beijing Capital International Airport, Chengdu Shuangliu International Airport, and Guangzhou Baiyun International Airport. These projects are under development or in the planning stage. Moreover, the Indian government is planning to build about 100 airports before 2032.
Industry News and Updates:
LOTTE Chemical expands EOA, the specialty material for architecture. 2021.01.27
LOTTE Chemical expanded the production line for EOA (Ethylene Oxide Adduct), the specialty material for architecture, within Yeosu Factory.
EOA, produced based on ethylene, is an ingredient for concrete water-reducing agent that is used for the construction of large structures, such as skyscrapers, piers, and dams. Water usage is reduced by 30% with the water-reducing agent containing EOA in concrete and it also strengthens the durability of concrete. It is a high value-added specialty material that allows long-distance transportation of concrete while keeping its fluidity.
The expanded EOA line is located within Yeosu Factory 4 and added 100,000 tons a year with the investment of 120 billion KRW. The construction began in August 2019 and commercial production was made available in January this year. LOTTE Chemical’s previous EOA production was a total of 230,000 tons a year, with 130,000 tons from Yeosu Factory, 50,000 tons from Daesan Factory, and 50,000 tons from Jiaxing Factory in China, and the new capacity is 330,000 tons with the expansion of Yeosu Factory.
This report segments the global PMMA Polymer market on the basis of Types is:
General PMMA
Heat Resistant PMMA
Impact Resistant PMMA
On the basis of Application, the global PMMA Polymer market is segmented into:
Construction
Photoelectricity
Lighting
Transportation
Others
The research study evaluates the overall size of the market, by making use of a bottom-up approach, wherein data for different industry verticals, and end-user industries and its applications across various product types have been recorded and predicted during the forecast period. These segments and sub-segments have been documented from the industry specialists and professionals, as well as company representatives, and are outwardly validated by analysing previous year's data of these segments and sub-segments for getting an accurate and complete PMMA Polymer market size.
Influence of the PMMA Polymer Market Report:
-Comprehensive assessment of all opportunities and risk in the PMMA Polymer market.
-PMMA Polymer market recent innovations and major events.
-Detailed study of business strategies for growth of the PMMA Polymer market-leading players.
-Conclusive study about the growth plot of PMMA Polymer market for forthcoming years.
-In-depth understanding of PMMA Polymer market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the PMMA Polymer market.
For more information of this report:
https://www.marketinsightsreports.com/reports/03252748515/global-pmma-polymer-market-research-report-2021?source=Lotte Chem&Mode=11
Table Of Content
Chapter 1 Study Coverage
Chapter 2 Executive Summary
Chapter 3 PMMA Polymer Market Competitor Landscape by Players
Chapter 4 PMMA Polymer Market Size by Type and Application
Chapter 5 Global and Regional Analysis
Chapter 6 Company Profiles
Chapter 7 Market Opportunities, Challenges, Risks and Influences Factors Analysis
Chapter 8 Value Chain and Sales Channels Analysis
Chapter 9 Research Findings and Conclusion
Chapter 10 Methodology/Research Approach
Finally, the PMMA Polymer Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principal locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure, and so on. PMMA Polymer industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
We also offer customization on reports based on specific client requirement:
1- Free country level analysis for any 5 countries of your choice.
2- Free competitive analysis of any 5 key market players.
3- Free 40 analyst hours to cover any other data points
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc.MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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