HOME Top Market Reports Polymethyl Methacrylate (PMMA) Market by Grade (Optical and General Purpose), Form (Extruded, Cast Acrylic, Pellets, and Beads), and Application (Signs & Displays, Construction, Automotive, Lighting Fixtures and Electronics) - Global Trends & Forecasts to 2021

Polymethyl Methacrylate (PMMA) Market by Grade (Optical and General Purpose), Form (Extruded, Cast Acrylic, Pellets, and Beads), and Application (Signs & Displays, Construction, Automotive, Lighting Fixtures and Electronics) - Global Trends & Forecasts to 2021

By: marketsandmarkets.com
Publishing Date: July 2016
Report Code: AD 2959

 

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The market size of PMMA was USD 4.20 Billion in 2015. It is projected to reach USD 5.56 Billion by 2021, at a CAGR of 4.7% between 2016 and 2021. In this study, 2015 has been considered as the base year and 2016–2021 as the forecast period for estimating the market size of PMMA.

Objectives of the study:

  • To analyze and forecast the market size of PMMA, in terms of both value and volume
  • To define, describe, and segment the global PMMA market by grade, form, and application
  • To forecast the sizes of the market segments based on Asia-Pacific, North America, Europe, the Middle East & Africa, and Latin America regions
  • To provide detailed information regarding the important factors influencing the growth of the market (drivers, restraints, and opportunities)
  • To strategically analyze the segmented markets with respect to individual growth trends, prospects, and contribution to the overall market
  • To identify and analyze opportunities for the stakeholders in the market
  • To analyze competitive developments such as expansions, partnerships, joint ventures, agreements, and new product developments in the global PMMA market
  • To strategically profile key players and comprehensively analyze their core competencies

Research Methodology:

In this report, market sizes have been derived using both bottom-up and top-down approaches. First, the market size for each grade (optical and general purpose); form (extruded sheet, cast acrylic sheet, pellets, and beads); application (signs & displays, construction, automotive, lighting fixtures, electronics, and others) and region (Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa) is identified through both secondary and primary research. The overall market size of PMMA for various regions and countries has been calculated by adding these individual markets. The PMMA market has been further segmented based on application, using percentage split gathered during the research. For future growth trends of PMMA, the applications – signs & displays, construction, automotive, lighting fixtures, electronics, and others have been analyzed. Secondary resources include annual reports, press releases and investor presentations of companies; white papers; certified publications; articles from recognized authors; and gold standard & silver standard websites such as Factiva, ICIS, and Bloomberg. Findings of this study have been verified through primary research by conducting extensive interviews with key officials such as CEOs, VPs, directors, and other executives. The breakdown of profiles of the primary interviewees is illustrated in the below figure:

Polymethyl Methacrylate (PMMA) Market

To know about the assumptions considered for the study, download the pdf brochure

The value chain includes PMMA manufacturers such as Arkema SA (France), Evonik Industries AG (Germany), Mitsubishi Rayon Co., Ltd. (Japan), Saudi Arabia Basic Industries Corporation (SABIC) (Saudi Arabia), Sumitomo Chemical Co., Ltd. (Japan), Asahi Kasei Corporation (Japan), Chi Mei Corporation (Taiwan), GEHR Plastics, Inc. (Germany), and Kolon Industries Inc. (South Korea). PMMA-based products are mainly used in the automotive, construction, electronics, chemical, and healthcare & medical industries.

Target Audiences:

PMMA Manufacturers

  • Distributors
  • Chemical suppliers
  • Industry associations
  • End-use industries
  • Government and research organizations

“This study answers several questions for the stakeholders, primarily, which market segments to focus in the next two to five years for prioritizing efforts and investments”.

Scope of the Report:

This report categorizes the global PMMA market based on grade, form, application, and region.

Market Segmentation, by Grade:

The PMMA market has been segmented based on grade:

  • Optical grade
  • General purpose grade

Market Segmentation, by Form:

The PMMA market has been segmented based on form:

  • Extruded sheet
  • Cast acrylic sheet
  • Pellets
  • Beads

Market Segmentation, by Application:

The PMMA market has been segmented based on application:

  • Signs & displays
  • Construction
  • Automotive
  • Lighting fixtures
  • Electronics
  • Others

Market Segmentation, by Region:

The region analysis covers the following:

  • Asia-Pacific
  • North America
  • Europe
  • Latin America
  • Middle East & Africa

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Regional Analysis

  • Further breakdown of a region with respect to a particular country, additional application, and/or type

Company Information

  • Detailed analysis and profiling of additional market players (Up to 5)

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Scope of the Study
           1.3.1 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 27)

4 Premium Insights (Page No. - 32)
    4.1 Significant Opportunities for PMMA Market
    4.2 PMMA Market Growth, By Region (2016–2021)
    4.3 PMMA Market in Asia-Pacific, 2015
    4.4 PMMA Market Attractiveness, 2015
    4.5 PMMA Market, By Application, 2015
    4.6 Lifecycle Analysis, By Region

5 Market Overview (Page No. - 37)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 PMMA Market, By Grade
           5.2.2 PMMA Market, By Form
           5.2.3 PMMA Market, By Application
           5.2.4 PMMA Market, By Region
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Growing Demand From End-Use Industries
                    5.3.1.2 Increasing Demand for Led Flat Screens
           5.3.2 Restraints
                    5.3.2.1 Volatile Raw Material Prices
           5.3.3 Opportunities
                    5.3.3.1 Growing R&D Investments in Bio-Based PMMA
                    5.3.3.2 Niche and Innovative Applications

6 Industry Trends (Page No. - 45)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Porter’s Five Forces Analysis
           6.3.1 Threat of New Entrants
           6.3.2 Threat of Substitutes
           6.3.3 Bargaining Power of Suppliers
           6.3.4 Bargaining Power of Buyers
           6.3.5 Intensity of Competitive Rivalry

7 PMMA Market, By Grade (Page No. - 49)
    7.1 Introduction
           7.1.1 Prominent Use in Led Makes Optical Grade PMMA the Fastest-Growing Market
    7.2 General Purpose Grade
           7.2.1 Wide Range of Applications
    7.3 Optical Grade
           7.3.1 Advantage of Translucency Offers Utilization in Many Applications
           7.3.2 Higher Price Makes Optical Grade the Largest Market in Terms of Value

8 PMMA Market, By Form (Page No. - 53)
    8.1 Introduction
           8.1.1 Substitute of Glass
           8.1.2 PMMA Mostly Consumed in Extruded Sheet Form
    8.2 Extruded Sheet
           8.2.1 Most Preferred Technology
           8.2.2 Suitable for Intricate Shape Applications
    8.3 Cast Acrylic Sheet
           8.3.1 Offers Better Surface Finish
           8.3.2 Optical Clarity to Drive Demand
    8.4 Pellets
           8.4.1 Usage in Lenses and Lamps
           8.4.2 Growth Supported By Automobile Sector
    8.5 Beads
           8.5.1 Produced Through Suspension Polymerization

9 PMMA Market, By Application (Page No. - 58)
    9.1 Introduction
    9.2 Signs & Displays
           9.2.1 Signage
           9.2.2 Display Boards
           9.2.3 Point of Sale Boards
    9.3 Construction
           9.3.1 Barriers
                    9.3.1.1 Shatterproof Glass
                    9.3.1.2 Noise Barriers
           9.3.2 Flooring
                    9.3.2.1 PMMA Resin Flooring
                    9.3.2.2 High-End Decorative Flooring
           9.3.3 Paints & Coatings
    9.4 Automotive
           9.4.1 Body Parts
                    9.4.1.1 Lamp Covers
                    9.4.1.2 Interior and Exterior Trim
           9.4.2 Accessories
                    9.4.2.1 Windshields
                    9.4.2.2 Sun Visor
    9.5 Electronics
           9.5.1 Mobile Phones, Tablets and Lcd Screens
                    9.5.1.1 Touch Screen
                    9.5.1.2 Cover Panels
                    9.5.1.3 Lcd Screens
    9.6 Lighting Fixtures
           9.6.1 Light Guide Panels
           9.6.2 Solar Equipment
    9.7 Others

10 PMMA Market, By Region (Page No. - 67)
     10.1 Introduction
     10.2 Asia-Pacific
             10.2.1 China
             10.2.2 Japan
             10.2.3 India
             10.2.4 South Korea
             10.2.5 Australia & New Zealand
             10.2.6 Malaysia
             10.2.7 Rest of Asia-Pacific
     10.3 Europe
             10.3.1 Germany
             10.3.2 France
             10.3.3 Italy
             10.3.4 U.K.
             10.3.5 Spain
             10.3.6 Rest of Europe
     10.4 North America
             10.4.1 U.S.
             10.4.2 Canada
             10.4.3 Mexico
     10.5 Latin America
             10.5.1 Brazil
             10.5.2 Argentina
             10.5.3 Rest of Latin America
     10.6 Middle East & Africa
             10.6.1 Saudi Arabia
             10.6.2 Iran
             10.6.3 South Africa
             10.6.4 Rest of Middle East & Africa

11 Competitive Landscape (Page No. - 106)
     11.1 Overview
     11.2 Competitive Benchmarking
     11.3 Competitive Situations and Trends
             11.3.1 Expansion
             11.3.2 New Product Launch
             11.3.3 Agreement
             11.3.4 Joint Venture
             11.3.5 Partnership

12 Company Profiles (Page No. - 111)
(Overview, Financial*, Products & Services, Strategy, and Developments)
     12.1 Arkema SA
     12.2 Evonik Industries AG
     12.3 Mitsubishi Rayon Co., Ltd.
     12.4 Saudi Arabia Basic Industries Corporation (SABIC)
     12.5 Sumitomo Chemical Co., Ltd.
     12.6 Asahi Kasei Corporation
     12.7 CHI MEI Corporation
     12.8 Gehr Plastics, Inc.
     12.9 Kolon Industries, Inc.
     12.10 Polycasa N.V.
     12.11 Other Players

*Details Might Not Be Captured in Case of Unlisted Companies

13 Appendix (Page No. - 132)
     13.1 Insights From Industry Experts
     13.2 Discussion Guide
     13.3 Introducing RT: Real-Time Market Intelligence
     13.4 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.5 Available Customizations
     13.6 Related Reports


List of Tables (84 Tables)

Table 1 PMMA Market, By Grade
Table 2 PMMA Market, By Form
Table 3 PMMA Market, By Application
Table 4 PMMA Market Size, By Grade, 2014–2021 (Kiloton)
Table 5 PMMA Market Size, By Grade, 2014–2021 (USD Million)
Table 6 PMMA Market Size, By Form, 2014–2021 (Kiloton)
Table 7 PMMA Market Size, By Form, 2014–2021 (USD Million)
Table 8 PMMA: Breakdown of Application
Table 9 PMMA Market Size, By Application, 2014–2021 (Kiloton)
Table 10 PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 11 PMMA Market Size, By Region, 2014–2021 (Kiloton)
Table 12 PMMA Market Size, By Region, 2014–2021 (USD Million)
Table 13 Asia-Pacific: PMMA Market Size, By Country, 2014–2021 (Kiloton)
Table 14 Asia-Pacific: PMMA Market Size, By Country, 2014–2021 (USD Million)
Table 15 Asia-Pacific: PMMA Market Size, By Application, 2014–2021 (Kiloton)
Table 16 Asia-Pacific: PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 17 China: PMMA Market Size, By Application, 2014–2021 (Kiloton)
Table 18 China: PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 19 Japan: PMMA Market Size, By Application, 2014–2021 (Kiloton)
Table 20 Japan: PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 21 India: PMMA Market Size, By Application, 2014–2021 (Kiloton)
Table 22 India: PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 23 South Korea: PMMA Market Size, By Application, 2014–2021 (Kiloton)
Table 24 South Korea: PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 25 Australia & New Zealand: PMMA Market Size, By Application, 2014–2021 (Kiloton)
Table 26 Australia & New Zealand: PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 27 Malaysia: PMMA Market Size, By Application, 2014–2021 (Kiloton)
Table 28 Malaysia: PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 29 Rest of Asia-Pacific: PMMA Market Size, By Application, 2014–2021 (Kiloton)
Table 30 Rest of Asia-Pacific: PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 31 Europe: PMMA Market Size, By Country, 2014–2021 (Kiloton)
Table 32 Europe: PMMA Market Size, By Country, 2014–2021 (USD Million)
Table 33 Europe: PMMA Market Size, By Application, 2014–2021 (Kiloton)
Table 34 Europe: PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 35 Germany: PMMA Market Size, By Application, 2014–2021 (Kiloton)
Table 36 Germany: PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 37 France: PMMA Market Size, By Application, 2014–2021 (Kiloton)
Table 38 France: PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 39 Italy: PMMA Market Size, By Application, 2014–2021 (Kiloton)
Table 40 Italy: PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 41 U.K.: PMMA Market Size, By Application, 2014–2021 (Kiloton)
Table 42 U.K.: PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 43 Spain: PMMA Market Size, By Application, 2014–2021 (Kiloton)
Table 44 Spain: PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 45 Rest of Europe: PMMA Market Size, By, 2014–2021 (Kiloton)
Table 46 Rest of Europe: PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 47 North America: PMMA Market Size, By Country, 2014–2021 (Kiloton)
Table 48 North America: PMMA Market Size, By Country, 2014–2021 (USD Million)
Table 49 North America: PMMA Market Size, By Application, 2014–2021 (Kiloton)
Table 50 North America: PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 51 U.S.: PMMA Market Size, By Application, 2014-2021 (Kiloton)
Table 52 U.S.: PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 53 Canada: PMMA Market Size, By Application, 2014–2021 (Kiloton)
Table 54 Canada: PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 55 Mexico: PMMA Market Size, By Application, 2014–2021 (Kiloton)
Table 56 Mexico: PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 57 Latin America: PMMA Market Size, By Country, 2014–2021 (Kiloton)
Table 58 Latin America: PMMA Market Size, By Country, 2014–2021 (USD Million)
Table 59 Latin America: PMMA Market Size, By Application, 2014–2021 (Kiloton)
Table 60 Latin America: PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 61 Brazil: PMMA Market Size, By Application, 2014–2021 (Kiloton)
Table 62 Brazil: PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 63 Argentina: PMMA Market Size, By Application, 2014–2021 (Kiloton)
Table 64 Argentina: PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 65 Rest of Latin America: PMMA Market Size, By Application, 2014–2021 (Kiloton)
Table 66 Rest of Latin America: PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 67 Middle East & Africa: PMMA Market Size, By Country, 2014–2021 (Kiloton)
Table 68 Middle East & Africa: PMMA Market Size, By Country, 2014–2021 (USD Million)
Table 69 Middle East & Africa: PMMA Market Size, By Application, 2014–2021 (Kiloton)
Table 70 Middle East & Africa: PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 71 Saudi Arabia: PMMA Market Size, By Application, 2014–2021 (Kiloton)
Table 72 Saudi Arabia: PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 73 Iran: PMMA Market Size, By Application, 2014–2021 (Kiloton)
Table 74 Iran: PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 75 South Africa: PMMA Market Size, By Application, 2014–2021 (Kiloton)
Table 76 South Africa: PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 77 Rest of Middle East & Africa: PMMA Market Size, By Application, 2014–2021 (Kiloton)
Table 78 Rest of Middle East & Africa: PMMA Market Size, By Application, 2014–2021 (USD Million)
Table 79 Brand Influence on the PMMA Market
Table 80 Expansion, 2014–2016
Table 81 New Product Launch, 2014–2016
Table 82 Agreement, 2014–2016
Table 83 Joint Venture, 2014–2016
Table 84 Partnership, 2014–2016


List of Figures (45 Figures)

Figure 1 PMMA Market: Research Design
Figure 2 Market Size Estimation: Bottom-Up Approach
Figure 3 Market Size Estimation: Top-Down Approach
Figure 4 PMMA Market: Data Triangulation
Figure 5 General Purpose Grade PMMA to Dominate the PMMA Market, 2016–2021
Figure 6 Beads to Register the Highest CAGR Between 2016 and 2021
Figure 7 Electronics to Register the Highest CAGR Between 2016 and 2021
Figure 8 Asia-Pacific to Witness the Fastest-Growth Rate During the Forecast Period
Figure 9 Asia-Pacific to Be the Largest Market Between 2016 and 2021
Figure 10 PMMA Market to Witness Rapid Growth Between 2016 and 2021
Figure 11 Asia-Pacific to Witness the Highest-Growth Rate Between 2016 and 2021
Figure 12 China Accounted for the Largest Share of the PMMA Market in Asia-Pacific, 2015
Figure 13 Asia-Pacific to Be the Fastest-Growing PMMA Market Between 2016 and 2021
Figure 14 Signs & Displays Accounted for the Largest Market Share 2015
Figure 15 Asia-Pacific PMMA Market Projected to Register High Growth During the Forecast Period
Figure 16 Overview of Factors Governing the PMMA Market
Figure 17 Vehicles in Use, By Region, 2014
Figure 18 Value Chain Analysis for PMMA Market
Figure 19 Porter’s Five Forces Analysis
Figure 20 Optical Grade PMMA to Witness Rapid Growth (2016–2021)
Figure 21 General Purpose Grade PMMA to Dominate the Market, By Volume, Between 2016 and 2021
Figure 22 Optical Grade PMMA to Dominate the Market Between 2016 and 2021
Figure 23 Extruded Sheet Form to Dominate During Projected Period
Figure 24 Beads to Register Highest CAGR During Projected Period
Figure 25 Signs & Displays Dominated the PMMA Market in 2015
Figure 26 Regional Snapshot (2016–2021): China and India are Emerging as Strategic Locations
Figure 27 India to Be the Fastest-Growing PMMA Market Between 2016 and 2021
Figure 28 Asia-Pacific Market Snapshot: Signs & Displays to Dominate the PMMA Market
Figure 29 European PMMA Market Snapshot: Germany Projected to Dominate the Market During Forecast Period
Figure 30 North American Market Snapshot: U.S. to Register High Growth During Forecast Period
Figure 31 Brazil to Dominate the PMMA Market in Latin America Between 2016 and 2021
Figure 32 Saudi Arabia to Register Highest Growth During the Forecast Period
Figure 33 Companies Adopted Expansion as the Key Growth Strategy Between 2014 and 2016
Figure 34 Arkema SA: Company Snapshot
Figure 35 Arkema SA: SWOT Analysis
Figure 36 Evonik Industries AG: Company Snapshot
Figure 37 Evonik Industries AG: SWOT Analysis
Figure 38 Mitsubishi Rayon Co., Ltd.: Company Snapshot
Figure 39 SABIC: Company Snapshot
Figure 40 SABIC.: SWOT Analysis
Figure 41 Sumitomo Chemical Co., Ltd.: Company Snapshot
Figure 42 Sumitomo Chemical Co., Ltd.: SWOT Analysis
Figure 43 Asahi Kasei Corporation: Company Snapshot
Figure 44 CHI MEI Corporation: Company Snapshot
Figure 45 Kolon Industries, Inc.: Company Snapshot

The PMMA market is projected to reach USD 5.56 Billion by 2021, registering a CAGR of 4.7% between 2016 and 2021. Increased demand from the signs & displays, construction, automotive, lighting fixtures, electronics, and other end-use industries drives the market. The growing demand of high quality thermoplastics is a key factor supporting the growth of the PMMA market.

General purpose grade is the largest and widely used grade of PMMA due to its many applications, thereby increasing its demand. The general purpose grade PMMA market is estimated to be driven by the rising demand of plastics in various end-use industries such as automotive, signage, and sanitary ware. Companies focus on developing new products through R&D activities to gain a competitive edge in the market.

Extruded sheet is the largest form of PMMA. They are increasingly used because of its easy fabrications, high gloss surface, weather resistant, excellent clarity, and other properties. Extruded PMMA sheets are mainly used to make complex structures and designs in the construction industry. The market is driven by increasing demand from end-use industries for innovative products and plastics. Extruded PMMA sheets offer high quality and performance than other thermoplastics, making them suitable for various industrial applications.

Asia-Pacific is the fastest-growing PMMA market, in terms of both value and volume. The presence of growing economies and increasing industrial developments in the region offer enormous opportunities for the use of advance plastic materials in various applications, including PMMA. Automotive and electronics are among the major growing end-use industries for PMMA. The players in the PMMA market are focusing to tap the emerging opportunities in the market of Asia-Pacific. Europe is the second-largest market for PMMA, in terms of volume. The market in this region is primarily driven by the rising demand of high-performance plastics from end-use industries.

Polymethyl Methacrylate (PMMA) Market

Volatile raw material prices act as a restraint for the PMMA market. The competitiveness of the PMMA market is continuously increasing with innovative product launches. Strategic developments are mostly undertaken by the major players such as Arkema SA (France), Evonik Industries AG (Germany), Mitsubishi Rayon Co., Ltd. (Japan), Saudi Arabia Basic Industries Corporation (SABIC) (Saudi Arabia), and Sumitomo Chemical Co., Ltd. (Japan).

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