PMMA Market Size, Share, Trends, Dynamics, Forecast, & Growth Analysis: 2024-2030
The PMMA Market was estimated at USD 4.6 billion in 2023 and is likely to grow at a CAGR of 3.5% during 2024-2030 to reach USD 5.8 billion in 2030. PMMA, or Polymethyl Methacrylate, is a versatile thermoplastic material commonly used in molding compounds due to its properties, including high transparency, UV stability, and ease of processing. With exceptional clarity, it serves as an effective glass substitute and is highly resistant to UV radiation and outdoor elements. PMMA is widely employed in various applications, including signs & displays, construction (facades, windows, skylights, and others), lighting fixtures, and automotive parts.