PMMA Market Size

PMMA Market Size

PMMA Market for construction application size was over USD 1.5 billion in 2017 and industry expects demand of above 800 kilo tons by 2024.

Polymethyl methacrylate (PMMA) is a transparent polymer which is manufactured by polymerization of Methyl Methacrylate (MMA). It is widely used in construction industry owing to its usage in manufacturing facades and doors & windows which may amplify its market size. The product upholds high rigidity, impact and abrasion resistance which may boost PMMA industry in construction application.
 

Extruded PMMA sheets are manufactured using methyl methacrylate (MMA) pellets making it durable and tough with superior optical clarity. These sheets are utilized in production of greenhouse due to its long-lasting property. Greenhouse is utilized for cultivating crops in a microbial free environment which ensures organic harvesting. Global greenhouse horticulture market is anticipated to surpass USD 34 billion in the forecast timeline which may amplify PMMA market for construction application.

Cell cast sheets and blocks are manufactured using MMA which has high light transmission properties which supports these sheets to offer vivid and vibrant shades making it attractive. These sheets are utilized in infrastructural development owing to its weatherability and UV resistance which may escalate PMMA industry in construction application.
 

Global doors & window market is estimated to surpass USD 250 billion by 2024 which may surge PMMA market for construction application. PMMA has substituted glass due its superior optical property. The product is light weight and non-breakable which helps it to bear harsh weather conditions. It is used as glazing material in manufacturing of doors & windows.
 

PMMA is utilized in manufacturing of complex infrastructures owing to its flexibility. The product helps in formulation for moulding and customization of multidimensional structures. Global construction market is anticipated to surpass USD 12.5 trillion by 2022 which may upsurge PMMA market for construction application.
 

Significant development in automotive sector has led to increase in demand of creating new assembly plants and warehouses for housing new vehicles and inventory. PMMA is used for manufacturing of these infrastructures owing to its crack and storm-resistant nature that can withstand severe environmental condition which may foster PMMA industry in construction application.          
 

PMMA is utilized in producing sound barriers for reduction of high sound level. These acoustic barriers are used on highways and roads to reduce noise from automotives and ensure comfort to adjacent residential areas. Acoustic insulation market is estimated to grow USD 15 billion by 2022 which may surge PMMA market for construction application.
 

it is also utilized in manufacturing of marine centres and aquariums owing to its shatterproof resistant property. Global aquarium market is anticipated to surpass USD 8 billion by 2021 which may amplify PMMA industry in construction application.
 

PMMA is also utilized in building of facades which are front elevation of the infrastructure. Global facade market size is anticipated to surpass USD 340 billion by 2025. PMMA sheets are utilized in manufacturing of facades which help to increase internal strength and durability of infrastructure, thus propelling market growth.
 

Heavy toxic fumes are released during manufacturing process of PMMA which can prove detrimental to labourers who are involved in the process of manufacturing. Risk of blow up is also involved during polymerization process which may cause fatal injuries. These restraints may hamper PMMA market for construction application profitability.