PMMA Market: Glass Based Applications to Witness Increased Demand

Posted by Deeksha on September 16th, 2019

PMMA is also known as polymethyl methacrylate. The material is a synthetic resin, which is manufactured through a polymerization process of methyl methacrylate. PMMA is a clear acrylic, which finds extensive use as a substitute for glass in a wide range of end use industries. 

PMMA is known as a linear type of thermoplastic polymer, and the material is characterized by superior resistance to scratches and abrasion, in addition to high levels of mechanical strength. The production of polymethyl methacrylate includes sulfuric acid, methanol, ammonia, acetone, and natural gas. These materials are converted to methyl methacrylate monomers, which is again converted to PMMA resins.

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A study of the global PMMA industry is collated and published in the report titled, “PMMA: Market Overview and Top Ten Companies” that has been added to the extensive research repository of Market Research Hub (MRH).

PMMA is available in 3 key forms, which are cast sheets, molding compounds, and extruded sheets. PMMA is used extensively as a shatterproof substitute of glass in a variety of end use products such as skylights, laminated signs, windows, and canopies for aircraft. These applications can be attributed to the rigidity and transparency of the material.

Major manufacturers of PMMA include Arkema, Sumitomo Chemical, Kuraray, Chi Mei Corporation, and Evonik Industries.

PMMA is rapidly gaining popularity as a cost effective alternative to polycarbonate. In addition, the material does not contain bisphenol A, which is known for causing ailments. PMMA is largely used in applications where UV resistance, transparency, and tensile strength is given priority over resistance to chemicals and heat.

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 PMMA Market Overview and Top Ten Companies

The report on the PMMA polymethyl methacrylate industry provides the readers with an in depth analysis on the landscape of industrial ingredients around the globe. Industry-based forecasting models include a complete analysis of the research publications and primary interviews with producers along with the relevant consumer data.

The report also includes detailed interviews conducted by leading market analysts with industry leaders, industry experts and analysts to provide essential validations of the production volume and relevant conclusions in the study.

The PMMA report forecasts performance of the market progress in terms of volume trajectories by different categories including the cost of production and raw materials, in addition to factors such as the growth of the market. For each of these categories, business development strategies and market projections that have been adopted by key market players for specific strategies have also been included in the report.

Valuable insights which can be helpful for manufacturers that are operating in the PMMA industry are provided in the report. Also, a study of barriers to market entry, pricing analysis, market expansion strategies, and supply to demand equations makes the report a very credible source of information for business professionals interested in the PMMA market.