Hexa Research Inc.
Industry Research,Custom Research & Consulting
Global Polymethyl Methacrylate (PMMA) Market Size,
Share, Application Analysis, Growth, Trends, Competitive
Scenario And Forecasts, 2012 To 2020
Industry Insights
Global PMMA market is expected to witness significant growth over the next six years owing to
increasing demand in electronics, automotive and signs & display applications. PMMA is widely used in
LED and flat panel televisions as a light guide for the backlights of television. Its superior light
transmittance compared to other polymers makes it an ideal compound in televisions which is expected
to fuel its demand in electronics applications.
Increasing penetration of PMMA in medical devices market as an alternative to other medical polymers
such as PVC and polypropylene owing to health hazards and low biocompatibility is expected to fuel the
market growth over the next six years. Growing concerns regarding the presence of phthalate
plasticizers in PVC has been a major factor for the growing importance for PMMA in medical devices.
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Hexa Research Inc.
Industry Research,Custom Research & Consulting
PMMA is widely used as an alternative to glass in construction and automotive segments. Increasing
construction spending coupled with growing automotive industry in emerging markets such as Brazil,
China and India are expected to drive the market growth over the forecast period.
Volatile prices of acetone have impacted the pricing of methyl methacrylate which consequently
faltered the prices of the profitability of manufacturers in PMMA market. Increasing R&D to develop
bio-based alternatives is anticipated to reduce the dependability of manufacturers on petrochemicals as
raw material source. This is anticipated to provide market participants opportunities in terms of product
innovation.
Product Insights
Extruded sheets emerged the...