Polymethyl Methacrylate (C5O2H8)n, commonly known as acrylic, is a linear polymer material with high demand due to its key features, such as rigidity and hardness. It is a synthetic polymer resin, that is produced from the polymerization of methyl methacrylate compound.
PMMA is a transparent material that doesn’t weather very easily and shows high resistance to UV lights. It depicts great colorability, high tensile strength, durability, transparency, and surface hardness for manufacturing commercial plastic materials. The material is widely used across several sectors that also enlist healthcare, aerospace, defence, and other specialized industries.
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The key importing countries are India, Taiwan, and the United States. On the other hand, the key exporting countries include Vietnam, South Korea, and China.
Key Details About the Polymethyl Methacrylate (PMMA) Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Polymethyl Methacrylate (PMMA) price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Polymethyl Methacrylate (PMMA) Price chart, including India Polymethyl Methacrylate (PMMA) price, USA Polymethyl Methacrylate (PMMA) price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Polymethyl Methacrylate (PMMA) Price Trend:
Polymethyl Methacrylate (PMMA) is a synthetic polymer resistant to chemicals and scratches, making it a better alternative compared to other commercial polymer options available in the global market. It is used as a substitute for glass, which is used for manufacturing products such as skylights, shatterproof windows, aircraft canopies, illuminated signs, etc.
Additionally, the material is widely used in solar panels, as it provides UV stability to the products and light transmission ability, which is also used in orthopedic surgery. It is used as a cement mixture to affix implants and to restructure lost bones. The medical and surgery sectors use PMMA in cosmetic surgery, where tiny microspheres suspended in a biological fluid are injected as a soft-tissue filler that goes under the skin to reduce wrinkles or scars permanently.
Key Players:
- Röhm GmbH
- ChiMei Corporation
- Plaskolite LLC
- Kuraray Co., Ltd
- Lotte Chemical Corporation
- Kolon Industries Inc.
- Toray Industries, Inc.
- Trinseo S.A
- LG Chem Ltd
- SABIC
- Mitsubishi Chemical Holdings Corporation
- Sumitomo Chemical Co., Ltd.
News & Recent Development
- Date: December 23, 2022- The Sumitomo, a Japanese chemical company, completes the construction of the pilot facility for recycling a chemical compound called Polymethyl Methacrylate, or PMMA, at Niihama City, Japan.
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