Global Polymethyl Methacrylate Market Overview, Share, Growth, Size, Opportunities, Trends, Segments And Forecast To 2032: Arkema SA, Mitsubishi Rayon Co. Ltd., Sumitomo Chemical Co. Ltd

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032.

As per the polymethyl methacrylate market report by The Business Research Company, the increasing demand for polymethyl methacrylate (PMMA) in the electronic and automobile industries is contributing to the growth of the polymethyl methacrylate market. PMMA could be synthesized by polymerizing methyl methacrylate monomer. It is scratch-resistant and transparent, so it is used as a replacement for glass in some applications in the industry. PMMA is a lightweight material having a density of half that of glass and is transparent, so that it is being used in car windows, motorcycle windshields, interior, and exterior panels. It is also being used in LCD/LED TV screens, laptops, smartphone displays, and electronic equipment displays. Due to its features, the automobile and electronics have increasingly used PMMA.

The global polymethyl methacrylate market size grew from $5.06 billion in 2022 to $5.44 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The polymethyl methacrylate market size is expected to grow to $7.77 billion in 2027 at a CAGR of 9.3%.

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https://www.thebusinessresearchcompany.com/report/polymethyl-methacrylate-global-market-report

Major competitors in the polymethyl methacrylate market include Arkema SA (France), Mitsubishi Rayon Co. Ltd. (Japan), Sumitomo Chemical Co. Ltd. (Japan), CHI MEI Corporation (Taiwan), Evonik Industries AG (Germany), Kolon Industries Inc. (South Korea), Polycasa N.V. (Belgium), Saudi Arabia Basic Industries Corporation (Saudi Arabia).

The polymethyl methacrylate market is segmented -

• By Form: Extruded Sheet, Cast Acrylic Sheet, Pellets, Beads

• By End User Industries: Buildings and Construction, Electrical and Electronics, Automotive and Transportation, Signs and Displays, Other End User Industries

• By Grade: General Purpose Grade, Optical Grade

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the polymethyl methacrylate market.

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The polymethyl methacrylate market consists of sales of cast acrylic sheet including solid surface, cell cast and composite. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The Table Of Content For The Polymethyl Methacrylate Market Include:
1. Executive Summary
2. Polymethyl Methacrylate Market Characteristics
3. Polymethyl Methacrylate Market Trends And Strategies
4. Polymethyl Methacrylate Market - Macro Economic Scenario
5. Polymethyl Methacrylate Market Size And Growth
6. Polymethyl Methacrylate Market Segmentation
.............................
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

The "Global Polymethyl Methacrylate Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, polymethyl methacrylate, polymethyl methacrylate, and technology.

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