Global Polymethyl Methacrylate Market Size, Opportunities, Trends and Forecast by 2025

The global polymethyl methacrylate (PMMA) market is anticipated to reach USD 8.16 billion by 2025, according to a new report by Grand View Research, Inc. The growing demand for LED flat screens in Asia Pacific is projected to propel market demand over the coming years.

Browse the report: http://www.orbisresearch.com/reports/index/polymethyl-methacrylate-pmma-market-analysis-by-product-extruded-sheets-pellets-and-acrylic-beads-by-end-use-automotive-construction-electronics-signs-and-displays-competitive-landscape-and-segment-forecasts-2014-2025

The PMMA industry has shifted its focus toward developing bio-based alternatives to combat volatile raw material prices. Eco-friendly PMMA is now being developed with the introduction of bio-based raw materials such as MMA from renewable organic feedstock. This in turn is anticipated to provide lucrative growth opportunities for new entrants.

Extruded sheets are expected to remain the dominant product segment with nearly 50% of the volume share in 2015. Extruded sheets have a better tolerance on thickness, typically +/-10%, as compared to cast acrylic sheets. The product is also expected to witness growth on account of its high transparency that makes it ideal for signs & displays in the advertising sector.

Request a sample of the report: http://www.orbisresearch.com/contacts/request-sample/267626

Further key findings from the study suggest:

In terms of revenue, the global PMMA market is projected to grow at a CAGR of 7.5% from 2016 to 2025.

The growing demand for sophisticated infrastructure along with presence of major automotive OEMs is anticipated to boost the demand for acrylic beads.

The signs & displays segment is projected to grow at the CAGR of 7.8% owing to increasing demand for commercial billboards, display cabinets and leaflet dispensers.

North America and Europe are characterized by presence of leading resin manufacturers and technological capabilities of further processing these resins for end-uses.

Buy the report@http://www.orbisresearch.com/contact/purchase/267626

Sluggish economic growth and Brexit are likely to affect industrial output in Europe, which in turn is expected to be a challenge for industry growth in the region.

Asia Pacific is projected to grow at the highest CAGR of 7.0% on account of increasing investments in renewable energy infrastructure and commercial projects undertaken in China, India, and Japan.

The polymethyl methacrylate market exhibits significant untapped potential in medical applications and ample scope in the sanitary ware industry for shower & bath installations.

New market entrants are actively engaged in the development of novel production technologies to improve process efficiency and reduce operational costs.

Influential companies include Evonik Industries AG, Mitsubishi Rayon Group, Arkema SA, Kuraray Group, Sumitomo Chemical Company Ltd., The Dow Chemical Company, SABIC and Asahi Kasei Corporation among others.

Major Points From Table Of Contents:

Chapter One: Methodology and Scope
Chapter Two: Executive Summary
Chapter Three: Polymethyl Methacrylate Market Variables, Trends & Scope
Chapter Four: Polymethyl Methacrylate: Product Estimates & Trend Analysis
Chapter Five: Polymethyl Methacrylate: End-Use Estimates & Trend Analysis
Chapter Six: Polymethyl Methacrylate: Regional Estimates & Trend Analysis
Chapter Seven: Competitive Landscape
Chapter Eight: Company Profiles
List of Figures

FIG. 1 PMMA market snapshot
FIG. 2 PMMA market volume
FIG. 3 PMMA market segmentation
FIG. 4 PMMA market volume & revenue
FIG. 5 PMMA value chain analysis
FIG. 6 PMMA market dynamics
FIG. 7 PMMA market driver impact
FIG. 8 Global LCD-LED TV shipments for the period
FIG. 9 Number of cars sold worldwide
FIG. 10 Global Media Advertising Spending

About Us:

Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Contact Information:

Hector Costello
Senior Manager – Client Engagements
4144N Central Expressway,
Suite 600, Dallas,
Texas – 75204, U.S.A.
Phone No.: +1 (214) 884-6817; +9164101019
Email: sales@orbisresearch.com

This release was published on openPR.