Market Size of polymethyl methacrylate (pmma) Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2029) | USD 12.6 Billion |
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Market Size (2023) | USD 8.6 Billion |
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Largest Share by End User Industry | Building and Construction |
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CAGR (2023 - 2029) | 6.53 % |
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Largest Share by Region | Asia-Pacific |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Polymethyl Methacrylate Market Analysis
The Polymethyl Methacrylate (PMMA) Market is projected to register a CAGR of 6.53%
- Building and Construction is the Largest End User Industry. The building and construction segment held the largest market share owing to their wide-ranging PMMA applications, including door and window profiles, sound barriers, facades, greenhouses, etc.
- Building and Construction is the Fastest-growing End User Industry. Due to its high reliability, optical clarity, UV stability, and mechanical strength, the demand for PMMA is increasing in the construction industry and it is expected to be the fastest end-user.
- Asia-Pacific is the Largest Region. Asia-Pacific holds the largest market share owing to its 72.45% share in global automotive production, led by its huge regional markets such as China, India, Japan, and South Korea.
- South America is the Fastest-growing Region. South America is expected to be the fastest-growing regional segment over the forecast period while also accounting for one of the highest growth rates in the global construction industry, with a 3.15% CAGR.
