Global Polymethyl Methacrylate (PMMA) Market is estimated to surpass USD 10.53 Bn by 2019

According to a new market report published by Transparency Market Research “Polymethyl Methacrylate (PMMA) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019”, the global Polymethyl Methacrylate market was valued at USD 5.74 billion in 2012 and is expected to reach USD 10.53 billion by 2019, growing at a CAGR of 7.9% over the forecast period from 2013 to 2019.

Growth of major end use industries such as electronics especially LED flat screens, signs and displays and automotive mainly in the emerging economies of Asia Pacific is expected to boost the market for PMMA over the next six years. However, the volatility in raw material prices is expected to hinder market growth over the forecast period. In order to reduce reliance on petroleum derived products, major manufacturers such as Mitsubishi Rayon Company, Evonik Industries AG and Arkema SA have been shifting their focus towards developing bio-based PMMA.

Request PDF brochure

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=589

PMMA extruded sheets and pellets together accounted for more than 70% of the total global market in 2012. These PMMA forms find wide applications in several industries including electronics, signs and display, construction and automobiles among others. Owing to its new found use in coatings and emulsions market PMMA beads (powder) form is expected to be the fastest growing market at an estimated CAGR of 8.8% from 2013 to 2019.Cell cast sheet and blocks is another PMMA form widely used for construction activities owing to its impact strength and weather resistance.

More Trending Reports

https://www.prnewswire.com/news-releases/players-in-resistance-welding-products-market-eye-long-term-revenue-prospects-from-automotive-automation-key-to-unlocking-value-tmr-301297619.html

Signs and displays industry emerged as the largest consumer of PMMA with 37% of the global market in 2012. The electronics industry especially flat display screens is expected to be the fastest growing market for PMMA at an estimated CAGR of 8.8% over the forecast period, owing to growing disposable income of the population in developing countries.of such as China, India, Brazil, South Africa, among others In addition, broadening application of PMMA in other segments such as furniture and interiors, sanitary ware, fashion and apparel among others, is expected to boost PMMA consumption over the next six years

Request enquiry before buying

https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=589

Asia Pacific dominated the PMMA market with more than 50% of the global market in 2012. Along with being the largest market, Asia Pacific is also expected to be the fastest growing market at an estimated CAGR of 9.3% for PMMA from 2013 to 2019. Europe is expected to witness moderate growth rate in the near future owing to euro-zone crisis, while Middle East and Africa (MEA) and Central and South America (CASA) are expected to show above average growth for the PMMA market.

The PMMA market is concentrated with top four players holding more than 70% share. Some of the key manufacturers of PMMA include Mitsubishi Rayon Company, Evonik Industries AG., Arkema SA (Altuglas International),Chi Mei Corporation, Sumitomo Chemical Company and Dow Chemical Company among others.

Request for custom research

https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=589

About Us

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Mr. Sudip. S

90 Sate Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: https://www.transparencymarketresearch.com/

Tunnel Boring Machine Market: Applications, Revenue, Growth and Trends

Tunnel boring machines are gigantic special-purpose machines, particularly used in building tunnels for roads, railways, and pipelines. These machines are long with circular cross-sections and help in boring round holes through any rock. Tunnel boring machines are intricate assemblies of several systems working in conjunction with each other. Diameter of tunnel boring machines ranges from 1 meter to 20 meters. These machines can cut clean through rocks, sometimes along with creating concrete shields around the bored tunnels. The tunnel boring machine market is largely driven by the increase in spending on road and railway infrastructure. Countries such as China, Japan, Italy, South Korea, Norway, and Germany have vast tunnel networks. The key reason is to connect major cities within the country, sometimes even international, with minimum commute time. This largely optimizes the transportation costs and connects cities to boost commerce. The other method for building tunnels is...

GLOBAL WOOD COATINGS MARKET TO TOUCH VALUATION OF US$17.595 BN BY 2025 END

The global wood coatings market features a highly competitive landscape owing to the presence of a plethora of companies competing against one another, notes Transparency Market Research (TMR). Top players in the wood coatings market increasingly resort to forward integration strategies to gain substantial competitive benefits, which may help them to retain their stronghold over the assessment period. Several players are also focusing on product differentiations to attract more consumers and consolidate their positions in various regions. This is especially the trend among small- and medium-scale manufacturers who find this a key strategy to gain a foothold in the wood coatings market. TMR finds that the wood coatings market is also fairly consolidated as the top four players held a combined share of nearly 60.0% in 2016. These companies are RPM International Inc., Akzo Novel N.V., PPG Industries Inc., and The Sherwin Williams Company. Of these, The Sherwin Willia...

ANTHOCYANIN CONSUMPTION LEVELS TO TAKE OFF IN DEVELOPING REGIONAL MARKET

TMR projects the global anthocyanin market to reach US$ 735.9 Mn by 2026. Over this period of 2018-2026, the anthocyanin market is forecast to report a CAGR of 4.6%. Among the key end use segments, the food and beverages industry is likely to lead the market in 2018. The trend is likely to remain unchanged throughout the course of the forecast period. Regionally, the North America anthocyanin market held the leading share in the global market in 2018. The global anthocyanin market exhibits the presence of several large companies. Besides this, domestic players enjoy a stronghold in regional pockets, which has rendered the market highly competitive. According to a new study by Transparency Market Research (TMR), Archer Daniels Midlands Co., Sensient Technologies Corp, Symrise A.G., and CHR Hansen A/S held nearly 50% of the global anthocyanin market in 2018, thereby registering their dominance. To sustain growth amidst the prevailing competition, the leading players...

Transparency Market Research

Search This Blog