The global methyl methacrylate (MMA) film and sheet market is rising substantially due to some major driving factors such as growing demand from the automotive industry due to its cost effectiveness properties. Also, growing demand from several end user industries because of its characteristics such as high emissivity, refractory operating temperatures, recyclable are expected to drive the demand for methyl methacrylate (MMA) film and sheet in the upcoming years. Likewise, rising usage of electrical appliances and lack of alternatives for electricity may provide a profitable opportunity for the market players during forecast period.

Data Bridge Market Research analyses that the methyl methacrylate (MMA) film and sheet market was valued at USD 680.00 million in 2021 and is expected to reach USD 1043.59 million by 2029, registering a CAGR of 5.50% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

 Request a Sample Copy of this report@ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-mma-film-and-sheet-market

Market Definition

Methyl Methacrylate (MMA) is a thermoplastic polyester with excellent properties such as low price, easy processing, lightweight, excellent transparency, and biocompatibility.. This product has stronger pressure resistance, low thermal resistance and lower application pressure. The films have been widely used in electronic sector.

Global Methyl Methacrylate (MMA) Film and Sheet Market Dynamics

Drivers

  • Rise the demand of methyl methacrylate (MMA) film and sheet

Methyl methacrylate (MMA) film and sheet is likely to lead whole methyl methacrylate (MMA) film and sheet market due to some qualities such as superior chemical resistance, and good strength, high stiffness, damage tolerance. MMA is completely recyclable material which may be made into film and sheet for use in the manufacture of automotive components. The higher demand of methyl methacrylate (MMA) film and sheet are expected to drive the market growth rate.

  • Higher demand in electronic sector

Methyl methacrylate (MMA) film and sheet are mainly used in power electronic invertors and converters on a modest scale. The rising demand for high-tech electronic goods including tablets, touchscreen cell phones, audio pods and laptops are expected to drive the methyl methacrylate (MMA) film and sheet industry. Methyl methacrylate (MMA) film and sheet have a number of benefits in the electronic and digital sectors, including low absorption, small design, lightweight, high emissivity, and refractory temperature conditions. Due to higher benefits of methyl methacrylate (MMA) film and sheet are expected to drive the revenue growth of the market.

Opportunities

  • Rising demand of methyl methacrylate (MMA) film and sheet for multiple purposes

The increasing demand for methyl methacrylate (MMA) film and sheet in the automotive industry because of its high dielectric constant and dissipation factor, growing demand for electrical and electronic goods in emerging and developed countries, swiftly rising solar market due to increasing capacities are some of the major factors which are expected to drive the growth of the methyl methacrylate (MMA) film and sheet market in upcoming periods. On the other hand, the growing demand for electronic products such as PCs, smartphones and tablets will further create various opportunities that will lead to the growth of the methyl methacrylate (MMA) film and sheet market in upcoming periods.  

Some of the major players operating in the methyl methacrylate (MMA) film and sheet market are:

  • BASF SE (Germany)
  • SABIC (Saudi Arabia)
  • 3M (U.S.)
  • Asahi Kasei Chemicals Corporation (Japan)
  • Solvay (Belgium), Sumitomo Chemical Co., Ltd (Japan)
  • LyondellBasell Industries Holdings BV (Netherlands)
  • Momentive (U.S.)
  • Mitsubishi Chemical Corporation (Japan)
  • Covestro AG (Germany)
  • Chase Corp (U.S.)
  • C. L. HAUTHAWAY & SONS CORP (U.S.)
  • Evonik Industries (Germany)
  • Polycoat Products (U.S.)
  • Mapei SpA (Italy), Ashland (U.S.)
  • Lamberti S.p.A. (Italy)
  • Huntsman International L.L.C. (U.S.)
  • LANXESS (Germany)
  • Dow (U.S.)



Check the report in detail: https://www.databridgemarketresearch.com/reports/global-mma-film-and-sheet-market

Global Methyl Methacrylate (MMA) Film and Sheet Market Scope

The methyl methacrylate (MMA) film and sheet market is segmented on the basis of application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Application

  • Polymethyl Methacrylate (PMMA)
  • Surface Coating
  • Others

End User

  • Building & Construction
  • Automotive
  • Electronics
  • Aerospace
  • Paints & Coatings
  • Medical,
  • Others

Methyl Methacrylate (MMA) Film and Sheet Market Regional Analysis/Insights

The methyl methacrylate (MMA) film and sheet market is analysed and market size insights and trends are provided by country, application and end-user as referenced above.

The countries covered in the methyl methacrylate (MMA) film and sheet market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Asia-Pacific dominates the methyl methacrylate (MMA) film and sheet in terms of market share because of the increasing demand for MMA films in industries namely solar and wind energy, automotive and electrical and electronics in this region.

North America is expected to be the fastest developing region during the forecast period due to the due to the increasing adoption of MMA films in electronic sector in this region.

About Data Bridge Market Research:

Data Bridge Market Research is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability levels and advanced approaches. We are committed to uncovering the best consumer prospects and fostering useful knowledge for your company to succeed in the market.

Data Bridge Market Research is a result of sheer wisdom and practice that was conceived and built-in Pune in the year 2015. The company came into existence from the healthcare department with far fewer employees intending to cover the whole market while providing the best class analysis. Later, the company widened its departments, as well as expanded its reach by opening a new office in the Gurugram location in the year 2018, where a team of highly qualified personnel joins hands for the growth of the company. “Even in the tough times of COVID-19 where the Virus slowed down everything around the world, the dedicated Team of Data Bridge Market Research worked round the clock to provide quality and support to our client base, which also tells about the excellence in our sleeve.”

We provide a variety of services such as market verified industry reports, technology trend analysis, Formative market research, strategic consulting, vendor analysis, production and demand analysis, and consumer impact studies among many others.

Contact Us
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email – corporatesales@databridgemarketresearch.com