High Impact Resistant PMMA Market to Experience Robust Growth Due to Rising Demand from Construction and Automotive Industry till 2023

19th Nov 2019 – The global High Impact Resistant PMMA Market is set to witness a higher CAGR during the forecast period. Polymethyl methacrylate (PMMA) is one of the widely used acrylics in the plastics industry. Acrylics are available in several forms such as casting syrups and molding powder are commonly known for remarkable clarity and features. Acrylics are widely used in the production of fixtures due to aesthetic properties.

High impact resistant PMMA market is driven rise in demand for high strength, chemical and UV resistance. Increase in applications such as plastic sheet glass in vehicles and commercial fittings propels the market growth. The market is stimulated due to rise in technological infrastructure and demand for innovative products. The PMMA is an alternative to glass that offers features such as transparency, high UV resistance and efficient light transmission. However, significant pricing and availability of cheaper substitutes hinders the market growth during the forecast period.

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By Grade, the high impact resistant PMMA industry is segmented as general and optical purpose. Application category is segmented as construction, automotive, smartphones, televisions, virtual reality headsets, signs & displays and lighting fixtures & electronics. By type, the market segmentation includes 3D back cover glass and 3D display glass.

Leading Players:

  • Evonik
  • Arkema
  • Mitsubishi Rayon Co
  • LG MMA
  • Kuraray
  • Asahi Kasei

Key Applicationss

  • Building & Construction
  • Electronics & Electrical
  • Automotive

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Key Questions Answered in this Report

  • What will the market size be in 2023?
  • What are the key factors driving the Chinese High Impact Resistant PMMA market?
  • What are the challenges to market growth?
  • What are the market opportunities and threats faced by the key players?

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