PMMA Market Analysis

PMMA Market Analysis

Extruded PMMA market size for construction application may surpass USD 2 billion in the estimated timeframe. Extruded sheets are formulated using methyl methacrylate (MMA) pellets which increases it thickness, thus making it more impact resistant. These sheets can be utilized as an alternative to glass owing to it low cost and high toughness which may increase PMMA market in construction application.
 

PMMA market size from greenhouse application is anticipated to surpass USD 1 billion in the estimated time span. The product has its usage in construction of greenhouse as it upholds higher light transmission & UV resistant property. This makes the product effective in organic cultivation of crops as it shields harvest from insects, pests and mites which may foster PMMA market for construction application market growth in projected timeframe.
 

PMMA market size from facades application is projected witness gains of over 5.5% by 2024. PMMA is utilized in facades fabrication owing to it sturdiness and crash resistant nature which shields the infrastructure from harsh conditions which may amplify PMMA market for construction application.
 

Asia Pacific led by India, South Korea, and Japan PMMA market for construction application is estimated to surpass USD 1.5 billion by 2024. The product has its usage in building of waste and water treatment plants in which extruded sheets are utilized owing to water and chemical resistant properties. This may foster regional market growth.
 

Europe driven by Italy, France, Germany and UK PMMA market for construction application may witness substantial gains up to 5% by 2024. Significant rise in automobile sector has led to surge in demand of new infrastructures including assembly and production plants. Increasing number of car manufacturing companies in the region will have a positive impact on PMMA industry size in construction application.
 

Brazil PMMA market for construction application may observe growth in the forecasted timeframe owing to mounting agricultural industry. Greenhouse owing to its capsulated design helps in promoting horticulture activities shielding crops from microorganisms. PMMA is utilized in construction of greenhouse owing to its mechanical strength and optical clarity which ensures robustness and high transparency, thereby propelling PMMA market in construction application demand.