Polymethyl Methacrylate (PMMA) is a transparent thermoplastic and impact
resistant substitute of glass. It has good impact resistant, weather resistant
and chemical resistant properties. It is light in weight, rigid and has color
versatility. PMMA is used in various applications across automotive,
electronics, construction, signs and displays, sanitary ware, lighting
fixtures and other industries. Signs and display is a major market with
largest consumption of PMMA followed by construction industry. Asia-Pacific is
the largest geographic market and accounts for more than half of PMMA
consumption. It is also the largest producer of PMMA. The second largest
market is Europe followed by North America.
During global economic crisis PMMA market faced a decline in demand. In 2010
and 2011, the industry recovered from recession and registered significant
growth. The estimated consumption of PMMA reached 1.67 million tones in 2011
globally. A boom light guided panel (LGP) based LCD screen market is one of
the major drivers for this material.
Japan based Mitsubishi Rayon (including Lucite) is the largest supplier of
PMMA. Some of the other major suppliers/manufactures are France based Arkema
SA, South Korea's LG MMA, Taiwan's Chi Mei Corp., Germany's Evonik Industries,
and Japan based Sumitomo Chemical Company Ltd and Kuraray.
Methyl methacrylate (MMA) the key raw material and BASF, LG MMA, Arkema, Chi
Mei, Dow Chemicals, Evonik, Mitsubishi Rayon and Sumitomo Chemicals are the
major suppliers of MMA. In first half of 2011, industry faced short supply of
MMA which restricted the supply of PMMA. Now both MMA and PMMA manufacturers
are expanding their capacities to meet the future PMMA demand. Companies are
also investing highly on R&D activities to develop better PMMA products. This
will not only increase PMMA penetration in existing applications but also
broaden the range of applications.
The report covers the major PMMA applications market which includes signs &
displays, construction, automotive, lightning fixtures, electronics, and
sanitary ware. The major on goings in the global PMMA are analyzed with
respect to market drivers, opportunities, and winning imperatives related to
the industry.
Based on the grade, the global PMMA market is segmented into general purpose
and optical grade. PMMA market is majorly dominated by general purpose grade
PMMA which accounted for 59.1% of the global PMMA market by consumption and
the rest of the PMMA market is covered by optical grade PMMA.
The PMMA market share has been analyzed by taking into consideration the
production capacity of major players of PMMA market which includes Arkema SA
(France), LG MMA (South Korea), Chi Mei Corp. (Taiwan), Sumitomo Chemical
Company Ltd (Japan), Evonik Industries (Germany), Mitsubishi Rayon (Japan),
and Quinn Plastics (U.K.). These companies are also analyzed with respect to
their products and competitive development in the past few years along with
future speculations. The major competitive developments in these companies
involved are product developments, agreements, joint ventures, and plant
capacity expansions. The study PMMA price in different geographical regions
along with PMMA prices for Asia based companies has also been discussed in
this report.
The report also profiles the major players mentioned above with respect to
their business, products, developments, financials, strategies, and other
company specific information. This gives a brief idea about the areas in which
company is progressing and the expansion and penetration, the company has been
able to gain within the PMMA industry.
The global PMMA application market is also segmented with respect to different
geographical regions including North America, Europe, Asia, and ROW. The study
analyzes the application market for these regions as well and gives market
value with respect to consumption and revenue for different PMMA applications.
Asia-Pacific region is the largest market for PMMA with an estimated 40% of
global market revenue share in 2011 and is estimated to reach $4.49 billion by
2017. The market is further segmented with respect to geographic break down
which includes China, Japan, South Korea, India, U.S., Canada, Mexico,
Germany, U.K., France, Spain, and Italy.
Markets Covered
The key markets covered in the global PMMA market are by application, grade
and geography.
Grade type:
General Purpose Grade
Optical Grade
Applications:
Signs and Displays
Construction
Automotive
Lighting Fixtures
Sanitary Ware
Electronics
Stakeholders:
PMMA Manufacturers
PMMA Suppliers
Electronics and Semi-conductor Companies
Sanitary Ware Companies
Automotive Manufacturers
Automotive Component Suppliers
Panels and Screens Manufacturers
Raw Material Suppliers
Global Polymethyl Methacrylate Market Revenue, by Region, 2011
Source: MarketsandMarkets
Table of Contents
Table of Contents
1. INTRODUCTION
1.1. KEY TAKE-AWAYS
1.2. REPORT DESCRIPTION
1.3. MARKETS COVERED
1.4. STAKEHOLDERS
1.5. RESEARCH METHODOLOGY
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
3.1. INTRODUCTION
3.2. VALUE CHAIN ANALYSIS
3.3. MARKET DYNAMICS
3.3.1. DRIVERS
3.3.1.1. Growing LCD market
3.3.1.2. Capacity expansion plans of major PMMA producers
3.3.1.3. High R&D investment by PMMA manufacturers
3.3.2. IMPACT ANALYSIS
3.3.3. RESTRAINT
3.3.3.1. Scarcity of raw materials
3.3.4. OPPORTUNITIES
3.3.4.1. High economic growth rate of major markets
TABLE 74: ARKEMA SA: TOTAL REVENUE, BY SUB-SEGMENT UNDER CHEMICAL SEGMENT,
2010 - 2011 ($MILLION)
TABLE 75: ALTUGLAS INTERNATIONAL: PRODUCTS, DESCRIPTION & ITS APPLICATION
TABLE 76: ASAHI KASEI CORPORATION: TOTAL REVENUE, BY SEGMENTS, 2010 - 2011
($MILLION)
TABLE 77: ASAHI KASEI CORPORATION: TOTAL REVENUE, BY COUNTRY, 2010 - 2011
($MILLION)
TABLE 78: ASAHI KASEI CORPORATION: PRODUCTS, DESCRIPTION & ITS APPLICATIONS
TABLE 79: CHI MEI CORP: PRODUCTS, DESCRIPTION & ITS APPLICATION
TABLE 80: EVONIK INDUSTRIES: TOTAL REVENUE, BY SUB-SEGMENT UNDER CHEMICAL
SEGMENTS, 2010 - 2011 ($MILLION)
TABLE 81: EVONIK INDUSTRIES: TOTAL REVENUE, BY GEOGRAPHY, 2010 - 2011
($MILLION)
TABLE 82: EVONIK INDUSTRIES: PRODUCTS, DESCRIPTION & ITS APPLICATIONS
TABLE 83: KURARAY: TOTAL REVENUE, BY SEGMENTS, 2010 - 2011 ($MILLION)
TABLE 84: KURARAY: TOTAL REVENUE, BY GEOGRAPHY, 2010 - 2011 ($MILLION)
TABLE 85: KURARAY: PRODUCTS, DESCRIPTION & ITS APPLICATION
TABLE 86: MAKEVALE GROUP: DENTAL POLYMERS PRODUCTS & ITS FEATURES
TABLE 87: MAKEVALE GROUP: INDUSTRIAL POLYMERS PRODUCTS & ITS FEATURES
TABLE 88: MAKEVALE GROUP: BIO-MEDICAL POLYMERS PRODUCTS & ITS FEATURES
TABLE 89: SABIC: TOTAL REVENUE, BY SEGMENTS, 2010 - 2011 ($MILLION)
LIST OF FIGURES
FIGURE 1: VALUE CHAIN OF POLYMETHYL METHACRYLATE (PMMA) MARKET
FIGURE 2: IMPACT OF DRIVERS ON GLOBAL PMMA MARKET, 2010 - 2017
FIGURE 3: PMMA PRODUCTION PROCESS CHART
FIGURE 4: PORTER'S FIVE FORCES ANALYSIS - PMMA INDUSTRY
FIGURE 5: GLOBAL PMMA MARKET SHARE, 2011
FIGURE 6: AUTOMOTIVE: PMMA CONSUMPTION SHARE, BY COUNTRY, 2011
FIGURE 7: KEY GROWTH STRATEGIES, 2008 - 2012
Polymethyl Methacrylate (PMMA) Market by Application, Grade & Form - Global Trends & Forecasts (2012 - 2017) published by Markets and Markets in July 12, 2012. This report consists of 163 Pages and the price starts from US $ 4650.
