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Polymethyl Methacrylate Market Report (2022-2026), Business Plan Strategy, New Solutions, Key Segments, Potential Targets and Recommendations | Arkema SA (France), Mitsubishi Rayon Co. Ltd. (Japan), Sumitomo Chemical Co. Ltd. (Japan), CHI MEI Corporation
Polymethyl Methacrylate Market
The regions covered in the polymethyl methacrylate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Asia Pacific accounts for the largest polymethyl methacrylate market share.
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The polymethyl methacrylate market consists of sales of polymethyl methacrylate materials by entities (organizations, partnerships, and sole proprietors) that are used as a substitute for glass in products such as illuminated signs, skylights, shatterproof windows, and aircraft canopies. Polymethyl methacrylate is a synthetic polymer that is hardened at room temperature and has less strength and low toxicity. PMMA is used in various industries, such as automotives, electronics, construction, signs and displays, and sanitary ware.
Key competitors in the polymethyl methacrylate market include Arkema SA (France), Mitsubishi Rayon Co. Ltd. (Japan), Sumitomo Chemical Co. Ltd. (Japan), CHI MEI Corporation (Taiwan), Kolon Industries Inc. (South Korea), Polycasa N.V. (Belgium), Saudi Arabia Basic Industries Corporation (Saudi Arabia), Asahi Kasei Corporation (Japan), Gehr Plastics Inc. (U.S.), Kuraray Group (Japan), The Dow Chemical Company (U.S.), LG Chem, and Makevale Group.
The global polymethyl methacrylate market size is expected to grow from $4.85 billion in 2021 to $5.05 billion in 2022 at a compound annual growth rate (CAGR) of 4.17%. The growth in the market is mainly due to the companies' resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global PMMA market is expected to reach $7.28 billion in 2026 at a CAGR of 9.55%.
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TBRC's report segments the global polymethyl methacrylate market:
1) By Form: Extruded Sheet, Cast Acrylic Sheet, Pellets, Beads
2) By End-User Industry: Building and Construction, Electrical and Electronics, Automotive and Transportation, Signs and Displays, Others (Medical, Furniture)
3) By Grade: General Purpose Grade, Optical Grade
Read Further On The Polymethyl Methacrylate Market Here:
https://www.thebusinessresearchcompany.com/report/polymethyl-methacrylate-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Polymethyl Methacrylate Market Characteristics
3. Polymethyl Methacrylate Market Trends And Strategies
4. Impact Of COVID-19 On Polymethyl Methacrylate
5. Polymethyl Methacrylate Market Size And Growth
.....
27. Polymethyl Methacrylate Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Polymethyl Methacrylate Market
29. Polymethyl Methacrylate Market Future Outlook and Potential Analysis
30. Appendix
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