Polymethyl Methacrylate (PMMA) Market To Gain From Augmented Usage In Solar Panels And Sanitary Ware Industry Till 2020: Grand View Research, Inc.

Polymethyl methacrylate (PMMA) market to witness growth
owing to rising demand in electronics and automotive
industries till 2020
“Global PMMA market volume is expected to reach 2.85 million tons by 2020,
growing at a CAGR of 6.1% from 2013 to 2020.”
The global polymethyl methacrylate (PMMA) market is expected to reach USD
10.87 billion by 2020, according to a new study by Grand View Research, Inc.
Growing demand for LED flat panels and LED TVs is expected to be one of the key
factors driving PMMA demand, especially in Asia Pacific, which is a major hub for
electronic manufacturing. Growth of major end-use industries including electronics,
automotive and signs & displays, mainly in emerging economies of China and India,
are expected to boost the demand for PMMA over the forecast period. Grand View
Research further observes that increasing R&D activities for developing bio-based
PMMA coupled with emerging applications for optical grade PMMA in medical and
healthcare, coatings and emulsions and solar power sectors is expected to drive its
future market.
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Detailed Research Report available at:
http://www.grandviewresearch.com/industry-analysis/polymethyl-methacrylatepmma-industry
PMMA extruded sheets alone accounted for over 55% of global market volumes in
2012. Extruded PMMA sheets find wide applications in numerous industries including
electronics, signs and display, construction and automobiles among others. Owing to
its new found use in coatings and emulsions market, PMMA beads (powder) form is
expected to be the fastest growing market, at an estimated CAGR of 7% from 2013 to
2020. Cell cast sheet and blocks is another PMMA form widely used for construction
activities owing to its impact strength and weather resistance.
Further Key Findings from the Study Suggest:
 Global PMMA market volume is expected to reach 2.85 million tons by 2020,
growing at a CAGR of 6.1% from 2013 to 2020
 Signs and display applications emerged as the largest market for PMMA, with
over 35% of global volumes in 2012. The electronics industry, including flat
display screens, is expected to be the fastest growing application market for
PMMA at an estimated CAGR of 7.7% over the next six years. In addition,
broadening application of PMMA in other end use industries such as furniture
and interiors, sanitary ware, fashion and apparel among others, is expected to
boost its consumption over the next six years
 Asia Pacific dominated the PMMA market, accounting for over 65% of the global
demand in 2012. Along with being the largest market, Asia Pacific is also
expected to be the fastest growing market for PMMA, at an estimated CAGR of
7.3% from 2013 to 2020. Europe is expected to witness moderate growth rate in
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the near future, while Middle East and Africa and Central and South America are
expected to show above average growth for PMMA demand
 Growth of electronics industry, mainly in Taiwan, South Korea and China is
expected to boost the demand for PMMA over the next six years. Asia Pacific is
considered to be the most attractive market, with relaxed regulations and cheap
availability of labor and technology. Increased production of LED flat panels and
LEDTVs has given a boost to PMMA demand in recent years, a trend which is
expected to continue over the forecast period
 The global market for PMMA is highly consolidated and dominated by top
multinational corporations. Top four companies namely, Mitsubishi Rayon,
Altuglas International, Evonik Industries and Chi Mei Corporation account for
approximately three-fourth of the total PMMA produced worldwide in 2012
Read our blog On Bulk Chemicals Industry:
http://www.grandviewresearch.com/blogs/bulk-chemicals
Table of content of global Polymethyl methacrylate (PMMA) market research
report:
Chapter 1 Executive Summary
1.1 Polymethyl Methacrylate (PMMA) - Industry Summary & Critical Success
Factors (CSFs)
Chapter 2 Polymethyl Methacrylate (PMMA) Industry Outlook
2.1 Market Segmentation
2.2 Market Size and Growth Prospects
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2.3 Polymethyl Methacrylate (PMMA) Market Dynamics
2.4 Key Opportunities Prioritized
2.5 Industry Analysis - Porter's
2.6 Polymethyl Methacrylate (PMMA) - Company Market Share Analysis
2.7 Polymethyl Methacrylate (PMMA) - PESTEL Analysis
Chapter 3 Polymethyl Methacrylate (PMMA) Product Outlook
3.1 Extruded Sheets
3.2 Cell Cast Sheets & Blocks
3.3 Pellets
3.4 Beads
Chapter 4 Polymethyl Methacrylate (PMMA) Application Outlook
4.1 Construction
4.2 Electronics
4.3 Automotive
4.4 Signs & Displays
4.5 Other
Chapter 5 Polymethyl Methacrylate (PMMA) Regional Outlook
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5.1 North America
5.2 Europe
5.3 Asia Pacific
5.4 RoW
Chapter 6 Competitive landscape
6.1 Evonik Industries AG
6.1.1 Company Overview
6.1.2 Financial Performance
6.1.3 Product Benchmarking
6.1.4 Strategic Initiatives
6.2 Mitsubishi Rayon Group
6.2.1 Company Overview
6.2.2 Financial Performance
6.2.3 Product Benchmarking
6.2.4 Strategic Initiatives
6.3 Arkema SA (Altuglas International)
6.3.1 Company Overview
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6.3.2 Financial Performance
6.3.3 Product Benchmarking
6.3.4 Strategic Initiatives
6.4 Kuraray Group
6.4.1 Company Overview
6.4.2 Financial Performance
6.4.3 Product Benchmarking
6.4.4 Strategic Initiatives
6.5 Chi Mei Corporation
6.5.1 Company Overview
6.5.2 Financial Performance
6.5.3 Product Benchmarking
6.5.4 Strategic Initiatives
6.6 Sumitomo Chemical Co. Ltd.
6.6.1 Company Overview
6.6.2 Financial Performance
6.6.3 Product Benchmarking
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6.6.4 Strategic Initiatives
6.7 Dow Chemical Company
6.7.1 Company Overview
6.7.2 Financial Performance
6.7.3 Product Benchmarking
6.7.4 Strategic Initiatives
6.8 Polycasa N.V
6.8.1 Company Overview
6.8.2 Financial Performance
6.8.3 Product Benchmarking
6.8.4 Strategic Initiatives
6.9 Asahi Kasei Corporation
6.9.1 Company Overview
6.9.2 Financial Performance
6.9.3 Product Benchmarking
6.9.4 Strategic Initiatives
6.10 Daesan MMA
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6.10.1 Company Overview
6.10.2 Financial Performance
6.10.3 Product Benchmarking
6.10.4 Strategic Initiatives
6.11 LG MMA
6.11.1 Company Overview
6.11.2 Financial Performance
6.11.3 Product Benchmarking
6.11.4 Strategic Initiatives
6.12 Saudi Basic Industries Corporation (SABIC)
6.12.1 Company Overview
6.12.2 Financial Performance
6.12.3 Product Benchmarking
6.12.4 Strategic Initiatives
6.13 Makevale Group
6.13.1 Company Overview
6.13.2 Financial Performance
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6.13.3 Product Benchmarking
6.13.4 Strategic Initiatives
6.14 Shanghai Jing-Qi Polymer Science Co
6.14.1 Company Overview
6.14.2 Financial Performance
6.14.3 Product Benchmarking
6.14.4 Strategic Initiatives
Chapter 7 Methodology and Scope
7.1 Research Methodology
7.2 Research Scope & Assumption
7.3 List of Data Sources
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About Grand View Research, Inc.:
Grand View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The company
provides syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, the company offers
market intelligence studies ensuring relevant and fact-based research across a range
of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
Web – http://www.grandviewresearch.com/
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The global polymethyl methacrylate (PMMA) market is expected to reach USD 10.87 billion by 2020, according to a new study by Grand View Research, Inc. Growing demand for LED flat panels and LED TVs is expected to be one of the key factors driving PMMA demand, especially in Asia Pacific, which is a major hub for electronic manufacturing. Growth of major end-use industries including electronics, automotive and signs & displays, mainly in emerging economies of China and India, are expected to boost the demand for PMMA over the forecast period. For more information visit - www.grandviewresearch.com/industry-analysis/polymethyl-methacrylate-pmma-industry