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Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Polymethyl Methacrylate Market: By Product Type By Application and Geography
Polymethyl Methacrylate Market: By Product Type By Application and Geography
Polymethyl Methacrylate (PMMA) Market size is valued at US$ 5,895.9 million in 2023, and is poised to grow at a CAGR of 6.1% from 2024-2030. The global market provides a detailed overview of the global Polymethyl Methacrylate (PMMA) market, and that can be segmented by Product Type, by Application. By product type, the global Polymethyl Methacrylate (PMMA) market has been segmented into Extruded Sheets, Pellets, Acrylic Beads, Others. The Extruded Sheets segment is likely to be the largest and fastest-growing segment in terms of product type. Based on application, the global Polymethyl Methacrylate (PMMA) market is segmented into Automotive, Construction, Electronics, Signs & Display, Others. Among these, the Automotive segment is expected to have the fastest-growing market during the forecast period 2024-2030.
Study Period
2024-30Base Year
2023CAGR
6.1%Largest Market
Asia-PacificFastest Growing Market
Asia-Pacific
The primary growth driver for the polymethyl methacrylate market is the rising need for inexpensive, damage-resistant transparent materials across various sectors. PMMA is in high demand due to the expansion of several end-user industries, particularly the automotive, electronics, and construction sectors.
Asia pacific is expected to witness the highest market share during the forecast period due to rise in infrastructure development and automobile industry in the region.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-30 |
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Market Size in 2023 |
US$ 5,895.9 million |
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Market CAGR |
6.1% |
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By Product Type |
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By Application |
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By Region |
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The global Polymethyl Methacrylate (PMMA) market size is valued at US$ 5,895.9 million in 2023, and is poised to grow at a CAGR of 6.1% from 2024-2030.
PMMA cannot be utilised to make materials with a high requirement for stiffness because it is not a material that can withstand stress. Additionally, compared to another transparent thermoplastic, polycarbonate, it is highly fragile, restricting market growth.
An increase in the demand for lightweight automotive parts to increase fuel economy and lower carbon emissions are opportunities in the market for lucrative growth worldwide.
| 1. Executive Summary |
| 2. Global Polymethyl Methacrylate (PMMA) Market Introduction |
| 2.1. Global Polymethyl Methacrylate (PMMA) Market - Taxonomy |
| 2.2. Global Polymethyl Methacrylate (PMMA) Market - Definitions |
| 2.2.1. By Product Type |
| 2.2.2. By Application |
| 3. Global Polymethyl Methacrylate (PMMA) Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Polymethyl Methacrylate (PMMA) Market Dynamic Factors - Impact Analysis |
| 3.6. Global Polymethyl Methacrylate (PMMA) Market - Competition Landscape |
| 4. Global Polymethyl Methacrylate (PMMA) Market Analysis, 2019- 2023 and Forecast, 2024 - 2030 |
| 4.1. Market Analysis, 2019- 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Polymethyl Methacrylate (PMMA) Market, By Product Type, 2019- 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 5.1. Extruded Sheets |
| 5.1.1. Market Analysis, 2019- 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Pellets |
| 5.2.1. Market Analysis, 2019- 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Acrylic Beads |
| 5.3.1. Market Analysis, 2019- 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Others |
| 5.4.1. Market Analysis, 2019- 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6. Global Polymethyl Methacrylate (PMMA) Market Forecast, By Application, 2019- 2023 and Forecast, 2024 - 2030 |
| 6.1. Automotive |
| 6.1.1. Market Analysis, 2019- 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Construction |
| 6.2.1. Market Analysis, 2019- 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Electronics |
| 6.3.1. Market Analysis, 2019- 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Signs & Display |
| 6.4.1. Market Analysis, 2019- 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Others |
| 6.5.1. Market Analysis, 2019- 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 7. Global Polymethyl Methacrylate (PMMA) Market Forecast, By Region, 2019- 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019- 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2019- 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia-Pacific |
| 7.3.1. Market Analysis, 2019- 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Latin America |
| 7.4.1. Market Analysis, 2019- 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Middle East and Africa |
| 7.5.1. Market Analysis, 2019- 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Global Polymethyl Methacrylate (PMMA) Market - Opportunity Analysis Index, By Product Type, By Application, and Region, 2024 - 2030 |
| 8. North America Polymethyl Methacrylate (PMMA) Market Analysis, 2019- 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 8.1. Product Type Analysis 2019- 2023 and Forecast 2024 - 2030by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1. Extruded Sheets |
| 8.1.2. Pellets |
| 8.1.3. Acrylic Beads |
| 8.1.4. Others |
| 8.2. Application Analysis 2019- 2023 and Forecast 2024 - 2030by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 8.2.1. Automotive |
| 8.2.2. Construction |
| 8.2.3. Electronics |
| 8.2.4. Signs & Display |
| 8.2.5. Others |
| 8.3. Country Analysis 2019- 2023 and Forecast 2024 - 2030by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 8.3.1. USA |
| 8.3.2. Canada |
| 8.4. North America Polymethyl Methacrylate (PMMA) Market - Opportunity Analysis Index, By Product Type, By Application, and Country, 2024 - 2030 |
| 8.5. North America Polymethyl Methacrylate (PMMA) Market Dynamics - Trends |
| 9. Europe Polymethyl Methacrylate (PMMA) Market Analysis, 2019- 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 9.1. Product Type Analysis 2019- 2023 and Forecast 2024 - 2030by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Extruded Sheets |
| 9.1.2. Pellets |
| 9.1.3. Acrylic Beads |
| 9.1.4. Others |
| 9.2. Application Analysis 2019- 2023 and Forecast 2024 - 2030by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Automotive |
| 9.2.2. Construction |
| 9.2.3. Electronics |
| 9.2.4. Signs & Display |
| 9.2.5. Others |
| 9.3. Country Analysis 2019- 2023 and Forecast 2024 - 2030by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Germany |
| 9.3.2. UK |
| 9.3.3. France |
| 9.3.4. Spain |
| 9.3.5. Italy |
| 9.3.6. Russia |
| 9.3.7. Poland |
| 9.3.8. Rest of Europe |
| 9.4. Europe Polymethyl Methacrylate (PMMA) Market - Opportunity Analysis Index, By Product Type, By Application, and Country, 2024 - 2030 |
| 9.5. Europe Polymethyl Methacrylate (PMMA) Market Dynamics - Trends |
| 10. Asia-Pacific Polymethyl Methacrylate (PMMA) Market Analysis, 2019- 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 10.1. Product Type Analysis 2019- 2023 and Forecast 2024 - 2030by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Extruded Sheets |
| 10.1.2. Pellets |
| 10.1.3. Acrylic Beads |
| 10.1.4. Others |
| 10.2. Application Analysis 2019- 2023 and Forecast 2024 - 2030by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Automotive |
| 10.2.2. Construction |
| 10.2.3. Electronics |
| 10.2.4. Signs & Display |
| 10.2.5. Others |
| 10.3. Country Analysis 2019- 2023 and Forecast 2024 - 2030by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Japan |
| 10.3.2. China |
| 10.3.3. India |
| 10.3.4. ASEAN |
| 10.3.5. Australia & New Zealand |
| 10.3.6. Rest of Asia-Pacific |
| 10.4. Asia-Pacific Polymethyl Methacrylate (PMMA) Market - Opportunity Analysis Index, By Product Type, By Application, and Country, 2024 - 2030 |
| 10.5. Asia-Pacific Polymethyl Methacrylate (PMMA) Market Dynamics - Trends |
| 11. Latin America Polymethyl Methacrylate (PMMA) Market Analysis, 2019- 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 11.1. Product Type Analysis 2019- 2023 and Forecast 2024 - 2030by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Extruded Sheets |
| 11.1.2. Pellets |
| 11.1.3. Acrylic Beads |
| 11.1.4. Others |
| 11.2. Application Analysis 2019- 2023 and Forecast 2024 - 2030by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Automotive |
| 11.2.2. Construction |
| 11.2.3. Electronics |
| 11.2.4. Signs & Display |
| 11.2.5. Others |
| 11.3. Country Analysis 2019- 2023 and Forecast 2024 - 2030by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Brazil |
| 11.3.2. Mexico |
| 11.3.3. Argentina |
| 11.3.4. Rest of Latin America |
| 11.4. Latin America Polymethyl Methacrylate (PMMA) Market - Opportunity Analysis Index, By Product Type, By Application, and Country, 2024 - 2030 |
| 11.5. Latin America Polymethyl Methacrylate (PMMA) Market Dynamics - Trends |
| 12. Middle East and Africa Polymethyl Methacrylate (PMMA) Market Analysis, 2019- 2023 and Forecast, 2024 - 2030(Revenue, USD Mn) |
| 12.1. Product Type Analysis 2019- 2023 and Forecast 2024 - 2030by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Extruded Sheets |
| 12.1.2. Pellets |
| 12.1.3. Acrylic Beads |
| 12.1.4. Others |
| 12.2. Application Analysis 2019- 2023 and Forecast 2024 - 2030by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Automotive |
| 12.2.2. Construction |
| 12.2.3. Electronics |
| 12.2.4. Signs & Display |
| 12.2.5. Polymethyl Methacrylate (PMMA) Market: Product Type (Extruded Sheets, Pellets, Acrylic Beads, Others ) Application (Automotive, Construction, Electronics, Signs & Display, Others) and Geography |
| 12.3. Country Analysis 2019- 2023 and Forecast 2024 - 2030by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Gulf Cooperation Council (GCC) Countries |
| 12.3.2. Israel |
| 12.3.3. South Africa |
| 12.3.4. Rest of MEA |
| 12.4. MEA Polymethyl Methacrylate (PMMA) Market - Opportunity Analysis Index, By Product Type, By Application, and Country, 2024 - 2030 |
| 12.5. MEA Polymethyl Methacrylate (PMMA) Market Dynamics - Trends |
| 13. Competition Landscape |
| 13.1. Strategic Dashboard of Top Market Players |
| 13.2. Company Profiles (Introduction, Financial Analysis, Application & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 13.2.1. Evonik Industries |
| 13.2.2. Röhm GmbH |
| 13.2.3. Mitsubishi Chemical Corporation |
| 13.2.4. Sumitomo Chemical Asia Pte Ltd |
| 13.2.5. Arkema SA |
| 13.2.6. Chimei |
| 13.2.7. SABIC |
| 13.2.8. Asahi Kasei Corporation |
| 13.2.9. Industries Inc. |
| 13.2.10. LG Chem |
| 14. Research Methodology |
| 15. Key Assumptions and Acronyms |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.