Market Overview:
The global PMMA market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for PMMA as a glass substitute and medical implants. In terms of volume, North America is expected to lead the global PMMA market during the forecast period.
 Industry Outlook.svg)
Product Definition:
PMMA is an inflexible material that is often used in medical implants and eyeglasses. It has a high strength-to-weight ratio and is resistant to breaking, making it ideal for these applications.
General Type:
The global General Type, it's usage and growth factor in Inflexible Material (PMMA) market size was valued at USD 1.10 billion in 2016. The growing demand for flexible PMMA products such as sheets, films & coatings and other molded parts is expected to drive the industry over the forecast period.
General type is a category of polymethyl methacrylate (PMMA) that includes standard grade, premium-grade.
Heat Resistant Type:
The heat resistant type is used in the production of PMMA (Poly methyl methacrylate) which is a kind of clear plastic. It has high demand from various industries such as automotive, building & construction and electrical & electronics. The increasing use of heat-resistant materials in these industries to protect the sensitive electronic components against temperature fluctuations is expected to drive market growth over the forecast period.
Application Insights:
The others application segment dominated the global inflexible material (PMMA) market in 2017, accounting for a share of over 40.0% by revenue. The glass substitute application segment is expected to witness the fastest growth over the forecast period owing to its high demand from various end-use industries such as construction, automotive and electronics.
Glass is one of the most recyclable materials across developed economies globally due to policies encouraging its reuse and disposal at lower costs than replacement with other materials such as plastics or metals. PMMA finds applications in numerous products that are substitutes for traditional glass including windshields for cars, clear food packaging products and even wine bottles! These factors are projected to drive product demand in these applications during the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing product demand from various end-use industries, such as automotive and medical devices, coupled with rising disposable income of consumers in emerging economies including China and India. In addition, favorable government regulations aimed at promoting manufacturing output are anticipated to drive industry growth over the coming years.
The Asia Pacific is followed by North America which accounted for a share of 24% in 2017 owing to high demand for flexible PMMA sheets from several major application industries across this region.
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing use of PMMA in medical applications
- Rising demand for lightweight materials in aerospace and defense sectors
- Increasing popularity of PMMA as a substitute for traditional materials such as glass and metal
- Technological advancements that improve the properties of PMMA
Scope Of The Report
Report Attributes
Report Details
Report Title
Inflexible Material (PMMA) Market Research Report
By Type
General Type, Heat Resistant Type, Impact Resistant Type
By Application
Glass Substitute, Medical Implants, Others
By Companies
Mitsubishi Chemical, Sumitomo Chemical, LG MMA, Double Elephant Optical Material, Evonik, Chi Mei, Arkema, Kuraray, Plaskolite, Asahi Kasei, Shanghai Jingqi, Zhongmeng Longxin
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Inflexible Material (PMMA) Market Report Segments:
The global Inflexible Material (PMMA) market is segmented on the basis of:
Types
General Type, Heat Resistant Type, Impact Resistant Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Glass Substitute, Medical Implants, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mitsubishi Chemical
- Sumitomo Chemical
- LG MMA
- Double Elephant Optical Material
- Evonik
- Chi Mei
- Arkema
- Kuraray
- Plaskolite
- Asahi Kasei
- Shanghai Jingqi
- Zhongmeng Longxin
 Market Overview.svg)
Highlights of The Inflexible Material (PMMA) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- General Type
- Heat Resistant Type
- Impact Resistant Type
- By Application:
- Glass Substitute
- Medical Implants
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Inflexible Material (PMMA) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PMMA is a type of plastic that is often used in products such as phone cases and sunglasses. It is very flexible, but can be difficult to work with because it can break easily.
Some of the key players operating in the inflexible material (pmma) market are Mitsubishi Chemical, Sumitomo Chemical, LG MMA, Double Elephant Optical Material, Evonik, Chi Mei, Arkema, Kuraray, Plaskolite, Asahi Kasei, Shanghai Jingqi, Zhongmeng Longxin.
The inflexible material (pmma) market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Inflexible Material (PMMA) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Inflexible Material (PMMA) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Inflexible Material (PMMA) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Inflexible Material (PMMA) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Inflexible Material (PMMA) Market Size & Forecast, 2020-2028
4.5.1 Inflexible Material (PMMA) Market Size and Y-o-Y Growth
4.5.2 Inflexible Material (PMMA) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 General Type
5.2.2 Heat Resistant Type
5.2.3 Impact Resistant Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Glass Substitute
6.2.2 Medical Implants
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Inflexible Material (PMMA) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Inflexible Material (PMMA) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 General Type
9.6.2 Heat Resistant Type
9.6.3 Impact Resistant Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Glass Substitute
9.10.2 Medical Implants
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 General Type
10.6.2 Heat Resistant Type
10.6.3 Impact Resistant Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Glass Substitute
10.10.2 Medical Implants
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 General Type
11.6.2 Heat Resistant Type
11.6.3 Impact Resistant Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Glass Substitute
11.10.2 Medical Implants
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 General Type
12.6.2 Heat Resistant Type
12.6.3 Impact Resistant Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Glass Substitute
12.10.2 Medical Implants
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 General Type
13.6.2 Heat Resistant Type
13.6.3 Impact Resistant Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Glass Substitute
13.10.2 Medical Implants
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Inflexible Material (PMMA) Market: Competitive Dashboard
14.2 Global Inflexible Material (PMMA) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mitsubishi Chemical
14.3.2 Sumitomo Chemical
14.3.3 LG MMA
14.3.4 Double Elephant Optical Material
14.3.5 Evonik
14.3.6 Chi Mei
14.3.7 Arkema
14.3.8 Kuraray
14.3.9 Plaskolite
14.3.10 Asahi Kasei
14.3.11 Shanghai Jingqi
14.3.12 Zhongmeng Longxin
