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Polymethyl Methacrylate (PMMA) Market Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2014 - 2020
Upcoming Date: July-2015 Category: Materials and Chemicals
REPORT OVERVIEW Polymethyl Methacrylate (PMMA) is a synthetic resin produced from the polymerization of methyl methacrylate. It is a transparent and rigid plastic that is commonly used in shatterproof windows, skylights, illuminated signs, and aircraft canopies. The aim of the report is to analyze the present and estimated trends of the global specialty chemical market, as the demand of the product is expected to rise. The report provides a comprehensive analysis of the market potential in various industry applications. The study is focused on the opportunity of the emerging economies of the globe, so that companies can strategically make region specific plans and gain competitive edge. The LCD light guide made from PMMA provides brighter light than the conventional guide panels. Therefore, PMMA is widely used in LCD light guide and the growth of LCD market drives the PMMA market as well. In addition, PMMA’s advance applications in electronic and automotive market also increase its usage. Moreover, the manufacturers of PMMA are spending a substantial amount of money in R&D and focusing towards its capacity plans. The deficiency of raw material for the production of PMMA is the major restraint for the market growth. Due to the scarcity of raw material, manufacturers are unable to produce the material in bulk. PMMA is used in various industries such as automotive, electronics, construction, signs & displays, sanitary ware, etc. The economic growth of these industries would drive the market for PMMA in long run.
REPORT OVERVIEW Application Market Analysis: On the basis of application, the market is segmented into automotive, electronics, construction, signs & displays, sanitary ware, lighting fixtures and others. Due to its excellent properties such as transparency, water resistance, light weight and rigidity, PMMA is largely used in sign and display industries for the manufacturing of LCD display panels. Geography Market Analysis: Based on geography, the market is segmented into North America, Europe, Asia Pacific and LAMEA. Countries in Asia pacific, namely, China and Japan have a huge market for electronics, light fixtures and Signs & displays, which are the major applications segment of PMMA. Therefore, PMMA market generates maximum revenue from these regions. HIGH LEVEL ANALYSIS: The PMMA market is an emerging field of the global synthetic resin market. The driving and restraining factors for this market are strategically dealt in this analysis and emphasis is given towards its growth opportunities. The global market is analyzed using Porter’s five force model, which assists the stakeholders to understand the bargaining power of buyers & suppliers, threat of new entrants and competitive rivalry.
KEY BENEFITS • The analysis helps in understanding the strategies adopted by various companies for the growth of the global PMMA market
• The market conditions of this product across all geographic regions are comprehensively analyzed • Porter’s five forces model gives a in-depth analysis of the bargaining power of buyers & suppliers, threats of new entrants & substitutes and competition amongst the key market players • The drivers and restraints of this market are systematically analyzed and emphasis is laid on the present opportunities in this market • The value chain analysis offers key insights to the stake holders of this market.
MARKET BY APPLICATION
Construction
Signs & displays
Sanitary ware
Electronics
Automotive
MARKET BY APPLICATION
Lighting fixtures
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