Global Polymethyl Methacrylate Market Size, Share, Growth, Trends and Forecasts, 2012 to 2020

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...