Polymethyl Methacrylate (PMMA) Market to Witness Huge Growth by Key Players: ChiMei Corporation, SABIC, LG Chem Ltd, Trinseo S.A, Plaskolite LLC, Lotte Chemical Corporation, Toray Industries Inc

Global Polymethyl Methacrylate (PMMA) Market 2022-2027, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.

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The global Polymethyl Methacrylate (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.

The report provides a comprehensive analysis of company profiles listed below:
• 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)

"Automotive is projected to be the fastest-growing segment by end-use industry in PMMA market"
Based on end-use industry, automotive is estimated to be the fastest-growing segment of PMMA during the forecast period. PMMA is widely used in the automotive industry as it is light in weight and weather resistant. It is used in taillights, windshields, windscreens, side windows, instrument panels, headlamps and rear lights, lenses of exterior lights, meter panels, sun visors, car sculptures, tail lamp covers, speedometer covers, and signal lamps. PMMA is used in electric vehicles (EVs) due to their high-performance characteristics compared to traditional polymer and other materials.

"Extruded Sheets is projected to be the fastest-growing segment by form in PMMA market"
Extruded Sheets is estimated to be the fastest-growing segment by form in the PMMA market during the forecast period. This is due to its advantages, which include clarity, good surface quality, range of colors, easy maintenance, surface hardness, lightweight, and easy fabrication. Moreover, These are cost effective option compared to others.

"Asia Pacific is projected to be the fastest growing segment in PMMA market by region"
Asia Pacific is the fastest growing PMMA market in forecast period. The major end users of PMMA in Asia pacific includes construction, automotive, lighting fixtures, electronics, signage & display, and others. China dominates the PMMA market in Asia Pacific in terms of value and volume. The market growth in this region can be attributed to the improving socio-economic conditions in emerging economies such as China and India. The demand for PMMA in the Middle East is expected to increase.

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Competitive Landscape of Polymethyl Methacrylate (PMMA) Market:
1 Introduction
2 Market Share Analysis
3 Strategies Of Key Players
4 Company Evaluation Matrix Definition And Technology
4.1 Star
4.2 Pervasive
4.3 Emerging Leader
4.4 Participant
5 Startups And Small And Medium-Sized Enterprises (Smes) Evaluation Matrix
5.1 Responsive Companies
5.2 Dynamic Companies
5.3 Starting Blocks
6 Revenue Analysis Of Top Players
7 Company Product Footprint
7.1 Competitive Benchmarking
8 Key Market Developments
8.1 Deals
8.2 Others
8.3 New Product Launches

Research Coverage:
This research report categorizes the PMMA market on the basis of form, grade, end-use industry and region. The report includes detailed information regarding the major factors influencing the growth of the PMMA market, such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into business overviews, products & services, key strategies, expansions, new product developments, and recent developments associated with the market.

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This release was published on openPR.