Global PMMA Film & Sheet Market - 2021-2028
這些透明片材，通常稱為有機玻璃，是聚甲基丙烯酸甲酯 (PMMA)，甲基丙烯酸甲酯聚合物的塑膠形式。該材料與聚碳酸酯相當，適合用作抗衝擊材料。它通常被認為是市場上最透明的塑膠之一。由於透明度高，薄膜和片材經常用於展品周圍的儲罐、窗戶和圍欄。PMMA 薄膜和片材已用於多種應用，包括鏡片、丙烯酸釘、油漆、安全屏障、飛機窗戶、醫療設備、LCD 螢幕、COVID 19 保護面板和家具。
The PMMA film & sheet market size was worth US$ YY million in 2020 and is estimated to reach US$ YY million by 2028, growing at a CAGR of YY % during the forecast period (2021-2028).
These transparent sheets, commonly known as plexiglass, are Polymethyl Methacrylate (PMMA), a plastic form of methyl methacrylate polymers. This rigid thermoplastic is a more economical alternative to glass and also has a greater breaking point. Polymethyl methacrylate is created by free-radical polymerization of methyl methacrylate in mass or suspension polymerization in sheets.
The material is comparable to polycarbonate and is fit for use as an impact-resistant. It is generally regarded as one of the clearest plastics on the market. Due to the high clarity, the films & sheets have been often used in tanks, windows and enclosures around exhibits. The PMMA films & sheets have been used in numerous applications, including lenses, acrylic nails, paint, security barriers, airplane windows, medical devices, LCD screens, COVID 19 protection panels and furniture.
The global PMMA film & sheet market growth is driven by users looking for the replacement of the glass.
The transparent PMMA sheets are lightweight and are considered an ideal replacement for glass sheets. The PMMA sheets are stronger than glass and contain only half the weight. The demand for polymethyl methacrylate sheets is growing because of their extreme resiliency and can last through flex and rough handling.
It is also shatter-proof and can withstand UV rays and extreme weather conditions, unlike glass. The sheet varieties have more superior resistance to impact when compared to glass and if it shatters, it seems to be very safe than glass. Moreover, the PMMA sheets are also 100% waterproof and quite strong & shock-resistant.
PMMA sheets have gained demand from many applications due to their superior properties to glass. Moreover, with rising demand, the manufacturers launch the sheets in different finishes, colors, cost, availability & chemical properties. The products available in the market are preferred in applications and industries, ranging from general DIY and home repairs to construction, furniture design, signage, sales interior design, displays and lighting. The PMMA sheets are used for any greenhouse gas panel at home, including kitchen or bathroom splashbacks and substitute picture frame glass. IHence, the capability of PMMA sheets to replace glass in the mentioned sectors has obtained it gain popularity in the market.
The environmental impact related to the manufacturing of PMMA film & sheet market is one of the major factors restraining the market growth. The creation of 1kg of PMMA needs about 2kg of oil and discharges 5.5kg of CO2 into the ecosystem. In addition to the fossil materials utilized to produce PMMA film, sunlight hitting the sheets discharges carbon dioxide particles into the atmosphere.
Because of the scenarios mentioned above, scientists emphasize the need to decrease sheets as much as possible. Scientists are looking to optimize the production process, decreasing energy use during processing. Furthermore, although the sheets are theoretically recyclable, the recycling process is not easy and this has frequently led to acrylic waste being discharged into the environment, with notable impacts on flora and fauna.
Due to the pandemic, stakeholders across the rigid polyurethane industry have seen rapid growth in managing social distancing and curbing the spread of the virus. Suddenly, the market for plexiglass has boomed significantly. With the spread of Covid-19 and the actions to contain it - pharmacies, shops and other retailers immediately started installing anti-sneeze screens to shield workers and customers.
Today, as businesses and offices plan to reopen their doors in the socially distant world, transparent partitions have been crucial for them. Over the last few months, PMMA sheets have evolved as the most readily deployed solution in adhering to safety requirements. It is extensively deployed as a barrier between workstations and desks, tables in restaurants, sinks in public toilets. Moreover, beauty salons and cinemas have also started using transparent PMMA sheets to protect the workers. However, the PMMA films & sheets market has to face losses in automotive, construction and other related sectors.
By end-user, the PMMA film & sheet market is segmented into consumer goods, healthcare, automotive, furniture & bedding and others.
The construction sector is expected to hold the largest PMMA film & sheet market in the forecast period. PMMA sheets & films in the construction sector protect from harmful UV rays and present an aesthetic appearance to building elements. The sheet can uphold high rigidity, impact and abrasion resistance. Growing construction spending in emerging economies is one of the major factors for PMMA market growth. The unique properties of PMMA, such as optical clarity, resistance make it the ideal material for construction applications such as aquaria, sound barriers, facades and greenhouses.
The PMMA sheets provide mechanical resistance and reliability, empowering architects to build stunning decorative architecture. Various leading companies have been coming up with new products to offer the construction industry. For instance, Trinseo has launched its new opalescent acrylic sheet ALTUGLAS Opalescent HLT with 90% light transmission. This material approaches architectural and construction industries for acrylic glass that extends an aesthetically pleasing opalescent quality and high light transmission.
Europe region holds the largest market share for the PMMA film & sheet market globally and is expected to continue its dominance in the forecast period. The utilization of PMMA film & sheets has been on rapid growth, particularly in the construction and automotive sectors. The advent of bio-based PMMA and growing applications in the industries have accelerated the market's growth rate.
Various leading companies in the region are focusing on expanding their production capacities to cater to the need of numerous industries. For instance, Perspex company has increased the production of acrylic sheets in the UK by 300% between February and March 2020. The material's widespread use is unsurprising considering its versatility, durability, flexibility and good optical qualities linked with its low cost.
Moreover, Evonik has announced the construction of its new production plant for manufacturing flat films made from multi-layer polymethyl methacrylate. The company intends to invest double-digit millions in the Weiterstadt site to support the project. The plant is scheduled to provide the initial commercial film lots by the end of 2018.
The PMMA film & sheet market is highly competitive due to its versatile and general-purpose applications. The market share has been dominated by the global companies followed by the local companies. In addition, some of the key players contributing to the market's growth are Modern Plastics, Inc., Goodfellow Group, Trinseo, Rohm Group, Arpadis Benelux NV, Arkema Group, Lucite International, Unigel Group, Kapoor Plastics, PolyOne Corporation, Plaskolite and others. The major players are adopting various new strategies to dominate the market, such as acquisitions, launching new products and collaborations, contributing to the growth of the PMMA film & sheet market globally.
The global PMMA film & sheet market report would provide access to approximately 61 market data tables, 59 figures, and 180 pages.
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