Bulk Chemicals Market: 2015

Thursday, 6 August 2015

Structural Adhesives Market Size, Segmentation To 2022:Grand View Research, Inc.

Global structural adhesives market is expected to reach USD 23.42 billion by 2022, according to a new study by Grand View Research, Inc. Increasing automotive production particularly in emerging markets of China, India, Brazil and Mexico is expected drive the global structural adhesives market. Rigid bonding applications such as window glazing, wood panels and decorative trims require structural adhesives for fast setting and load bearing purposes. Industrialization and urbanization are expected to drive construction industry growth in emerging as well as developing nations, which further prompts structural adhesives demand.

Browse full research report on Global Structural Adhesives Market: http://www.grandviewresearch.com/industry-analysis/structural-adhesives-market

Water-based structural adhesives accounted for over 55% of the overall market volume in 2014. Increasing regulatory intervention from environmental agencies regarding VOC presence in solvent-based adhesives has positively impacted water-based structural adhesives demand. Additionally, its superior drying rate and semi-flexibility post drying are major factors contributing towards their increasing demand in joint cements, wall coverings, household appliances and automotive assembly applications. It is also expected to witness the highest growth of 6.9% from 2015 to 2022.

Read detailed report or request for sample of this research report:

http://www.grandviewresearch.com/industry-analysis/structural-adhesives-market

Further key findings from the study suggest:

Global structural adhesives market demand was 5,158.3 kilo tons in 2014 and is expected to reach 8,243.8 kilo tons by 2022, growing at a CAGR of 6.8% from 2015 to 2022.
Urethanes were the leading product segment and accounted for over 60% of the overall market volume in 2014. Urethane adhesives are primarily used for plastic adhesion in various rigid bonding applications. Increasing incorporation of plastics and composites in automotive components is expected to drive its demand over the forecast period. Cyanoacrylic adhesives are expected to witness the highest growth of 8.5% from 2015 to 2022.
Major structural adhesive applications include transportation and construction which collectively accounted for over 45% of the total market volume in 2014. Positive outlook on automotive industry coupled with increasing construction spending particularly in China, India and Indonesia is expected to drive this segment over the forecast period. Adhesives with organic solvent composition are gaining acceptance in medical devices. Additionally, niche application segments such as industrial machinery and packaging are anticipated to register significant structural adhesives demand over the forecast horizon.
Asia Pacific was the largest regional market and accounted for 45.0% of total consumption in 2014. Major structural adhesive consumers in the region include China and India which together accounted for over 55% of the regional market volume in 2014.
Global structural adhesives market is concentrated in nature with small scale companies catering to application specific end-use markets. Product pricing, partnership agreements and R&D in product innovation are expected to maintain competitiveness in the market. Major industry participants include SIKA, Arkema AG, 3M Company, The Dow Chemical Company, Ashland Inc., Henkel AG & Co., and Lord Corporation.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins

For the purpose of this study, Grand View Research has segmented the global structural adhesives market on the basis of technology, product, application and region:

Global Structural Adhesives Technology Outlook (Volume, Kilo Tons; Revenue, USD Million; 2012 - 2022)

• Water-based

• Solvent-based

• Others

Global Structural Adhesives Product Outlook (Volume, Kilo Tons; Revenue, USD Million; 2012 - 2022)

• Urethanes

• Epoxy

• Acrylic

• Cyanoacrylic

• Others

Global Structural Adhesives Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2012 - 2022)

• Transportation

• Construction

• Consumer Appliances

• Furniture

• Others

Global Structural Adhesives Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2012 - 2022)

• North America

o U.S.

o Canada

o Mexico

• Europe

o UK

o Germany

o France

• Asia Pacific

o China

o Japan

o India

o South Korea

• Central & South America

o Brazil

• Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc

Web: www.grandviewresearch.com

Seed Treatment Industry to 2020 – Market Outlook, Industry Trends:Grand View Research, Inc.

The Global Seed Treatment Market is expected to reach USD 5.61 billion by 2020, according to a new study by Grand View Research, Inc. Seed treatment demand is expected to increase due to growing need for protection of high cost seeds in the market. Additionally, effective control over seed or soil borne diseases and infections due to seed treatments will also boost the overall market. Technological development with regards to seed treatment across the crop life cycle is expected to augment the growth of the market.

Browse full research report on Global Seed Treatment : http://www.grandviewresearch.com/industry-analysis/seed-treatment-market

Insecticide treatment was the largest segment accounting for USD 1.57 billion of revenue in 2013. Cost effectiveness and ease of use are key factors for increasing popularity of insecticide treatment in the seed treatment market. Non chemical seed treatment is expected to grow at a CAGR of 10.3% from 2014 to 2020, due to consumer awareness regarding non chemical products benefits to environment and human health.

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http://www.grandviewresearch.com/industry-analysis/seed-treatment-market

Further key findings from the study suggest:

Global seed treatment market revenue was USD 2.98 billion in 2013 and is expected to reach USD 5.61 billion by 2020, growing at a CAGR of 9.6% from 2014 to 2020.

Corn/Maize is the largest crop type subjected to seed treatment generating revenue of USD 1.03 billion in 2013 due to high vulnerability of crop to insects/ pests.

North America was the largest regional market for seed treatment with revenue exceeding USD 1.26 billion in 2013. Growing demand for crops such as corn and soybean for production of biofuels coupled with technological advancement in seed treatment is expected to give the region an edge in the market over the forecast period.

Non chemical treatment is expected to witness fastest growth at an estimated CAGR of 10.3% from 2014 to 2020. The increasing awareness regarding hazards of other seed treatment forms to human health and surrounding environment is expected to drive demand for the segment.

The global seed treatment market is highly consolidated with the top four companies accounting for over 80% of the market in 2013. Key Companies in the market include Syngenta, Monsanto, BASF, Bayer CropScience, Chemtura, Nufarm and DuPont.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/agrochemicals-and-fertilizers

For the purpose of this study, Grand View Research has segmented the global seed treatment market on the basis of treatment type, crop type and region:

• Seed Treatment Type Outlook (Revenue, USD Million, 2012 - 2020)
          • Insecticides
          • Fungicides
          • Chemical
          • Non chemical
  • Seed Treatment Crop Outlook (Revenue, USD Million, 2012 - 2020)
          • Corn/Maize
          • Soybean
          • Wheat
          • Canola
          • Cotton
          • Others
  • Seed Treatment Regional Outlook (Revenue, USD Million, 2012 - 2020)
          • North America
          • Europe
          • Latin America
          • Asia Pacific
          • RoW

About Grand View Research

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc

Web: www.grandviewresearch.com

Tuesday, 4 August 2015

Silicone Elastomers Market To 2022 – Market Share, Growth, Trends:Grand View Research, Inc

Silicone elastomers normally refer to silicon based polymers which are vulcanized. They primarily exist in various forms. These are solids, closed cell sponges, open cells and thermally conductive foams. Silicone elastomers have a distinctive quality ofmaintaining mechanical features over a broad variety of temperatures. This makes them apt for use across a wide range of sectors, like electronics, automotives and construction. Rising demand for silicone elastomers across these sectors is estimated to propel the sales of the silicone elastomers market.

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The worldwide market is dominated by China. Europe and the United States of America follow China with respect to leading the market. With a number of manufacturing amenities and availability of domestic providers, the utilization of silicone elastomers is likely to increase speedily in China in the coming years. However, the silicone elastomers market is predicted to be price-delicatewith further augmentation in the manufacturing pace around various regions, like Africa and the Middle East.

Silicone elastomers have certain features. These include outstanding resistance to UV and ozone, high drug and gas absorbency, simple to make, excellent electrical insulating characteristics, low flammability, etc. These features work in support of the silicone elastomers market and drive it further. With a variety of mechanical and chemical features, silicone elastomers find many industrial and commercial applications. Their applications across both these sectors are also projected to raise the demand for the market.

Some of these applications include vibration dampers, gaskets, ignition cables, hoses, adhesives, medical tubing, surgical and dental instruments, etc.

Trends

The worldwide silicone elastomers market, alongside its applications, has experienced linear development over the previous years. This development is estimated to continue likewise in the coming years. Other features of silicone elastomers, like lightweight and transparency are also likely to work in favor of the market and steer it forward. Increased demand for silicone elastomers in the sector of medical is also projected to drive further demand for the silicone elastomers market during the coming years.

The market is undergoing fast growth at present. It is likely to maintain similar trends in the years ahead. The silicone elastomers market is also propelled ahead by the rapidly expanding regions of the rest of the world and Asia Pacific. Flowing demand for silicone elastomers across other regions and various consumer markets is also estimated to increase the demand for the market. Asia Pacific is the primary silicone elastomers market of the world. It occupied around 41 percent of the worldwide share in 2013.

Near about 31 percent of the demand for the worldwide silicone elastomers market was captured by the sector of automotives in 2013. Rapid expansion in the sectors of medical and electricals and electronics also steers significant demand for the market. Asia Pacific is predicted to be the most rapidly developing region for the silicone elastomers market. This development is ascribed primarily to heavy spendings in the region across the sectors of medical, automotives, client goods and electronics and electricals.

The market is anticipated to witness about USD 11, 014 million by 2019. Research and development activities in relation to silicone elastomers also drive further expansion of the silicone elastomers market.

About Grand View Research

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Allantoin Market to 2022 – Market Estimate, Industry Size:Grand View Research, Inc.

Allantoin refers to a powder and is white in color. It is a nitrogenous composite and found in different mammals excluding primates and humans.Allantoinexists in amniotic fluid, allantoic fluid and fetal urine. It acts as a remedy and promotes the development of tissues. Allantoin is valuable in terms of curative features and also utilized in cosmetic, personal care and skin care products. Rising demand for allantoin across these products is estimated to drive the demand for the allantoin market through the forecast period.

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Allantoin exists in the urine of different mammals and vegetal extracts of comfrey plants. It is non-poisonous and safe and well-suited for unrefined materials of cosmetic products. Creams and balms which are allantoin-based are utilized to take care of skin disorders. These disorders may include sunburnt skin, diaper rashes and chapped lips and skin. Allantoin is utilized to quicken the curingpace of burns, cuts and bruises on humans. Moreover, it is also utilized in shampoos to prevent or treat hair disorders.

The powder is utilized for treating skin burns in cancer treatment. It also exists in mouthwashes, toothpastes and oralproducts. Rising demand for allantoin across these application products is also predicted to drive the demand for theallantoin market in the future. Increased demand for hair and skin care is estimated to steer the sales of relevant products during the forecast period. This is owing to rising consciousness regarding the health of hair and skin.Increased demand for such products also drives the allantoinmarket ahead.

The allantoin market is estimated to attain a size of about USD 642 million by 2022. The rising scope of allantoin in the sector of pharmaceuticals is also projected to steer the growth of the market.

Trends

The worldwide allantoinmarket is fragmented on account of applications and geographical regions. The applications market consists of cosmetics, pharmaceuticals and others. Accelerated demand for allantoin across these sectors is projected to propel further demand for the allantoin market. The sector of cosmetics dominated the applications market. This tendency is likely to continue during the forecast period.

Quick urbanization, along with accelerated disposable earnings is anticipated to raise the demand for the allantoin market inside the cosmetics industry through the forecast period. Escalated utilization of the powder in aftershave lotions, deodorants and foot care creams due to its favorable features is also expected to impact the market in a positive manner.

Augmented demand for allontoin in oral care applications, like mouth ulcer jellies is also predicted to steer the demand for the allantoin market. Allantoin possesses healing properties which augur well for the market and steer it forward. The geographical regions market includes Europe, rest of the world, Asia Pacific and North America. Asia Pacific dominated the regions sector.

It occupied the biggest share. This was because of increased demand for allantoin in the sectors of cosmetics, oral care and pharmaceuticals in the region. The Asian Pacific allantoin market is likely to boost further on account of escalated disposable earnings. North America made up for a considerable share. However, it is anticipated to develop slowly in the years to come.

This is on account of sluggish industrial expansion in the region. Europe is a moderatelydeveloped allantoin market.

About Grand View Research

For More Information about site: http://www.ni2014.org/

Wednesday, 29 July 2015

Synthetic Lubricant Market Share, Forecasts 2014 to 2020: Grand View Research, Inc.

The global market for synthetic lubricants is expected to reach USD 5.54 billion by 2020, according to a new study by Grand View Research, Inc. Increasing penetration in automobile applications is expected to be a key driving force for the market, particularly in light of positive automotive outlook in India, China, South Korea and Brazil. Endorsement of synthetic oil manufacturers by OEMs is further expected to product boost demand over the forecast period. However, the high cost of synthetic oils in comparison to their mineral counterparts is a key challenge for the development of the market.

Browse full research report on Global Synthetic Lubricant Market: http://www.grandviewresearch.com/press-release/global-synthetic-lubricants-market

Engine oils were the largest application segment accounting for 39% of market revenue in 2013. The growing awareness of benefits of synthetic lubricants in terms of engine efficiency is expected to be a key driving factor for the development of the market. Another key application market for synthetic oils was heat transfer fluids in heat exchangers and heavy machinery.

Read detailed report or request for sample of this research report:
http://www.grandviewresearch.com/press-release/global-synthetic-lubricants-market

Further key findings from the study suggest:

Global synthetic lubricant demand was 678.1 kilo tons in 2013 and is expected to reach 823.3 kilo tons by 2020, growing at a CAGR 2.90 % from 2014 to 2020.

Europe was the largest regional market accounting for 263.5 kilo tons of synthetic lubricant demand in 2013. However, Asia Pacific is expected to witness fastest growth at an estimated CAGR of 3.33% in terms of volume owing to the growing automobile and industrial market in the region.

Group IV (PAO) based lubricants were the largest product segment, with demand exceeding 454 kilo tons in 2013. The compatibility of these oils with other mineral oils is a key driver for the development of the market. PAG and Ester based oils offer superior performance as compared to PAO based oils but are significantly expensive resulting in relatively low demand share.

The global synthetic lubricants market is fragmented with large number of manufacturers present globally. Key participants include Shell, British Petroleum, Exxon Mobil, Valvoline, Total and Chevron among others.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/petrochemicals-and-downstream-derivatives

For the purpose of this study, Grand View Research has segmented the global Synthetic Lubricants market on the basis of application, product and region:

• Synthetic Lubricants Product Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
          • PAO (Polyalphaolefins)
          • Ester
          • PAG (Polyakylene glycol)
  • Synthetic Lubricants Application Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
          • Engine Oils
          • HTF
          • Transmission Fluids
          • Metalworking Fluids
          • Others
  • Synthetic Lubricants Regional Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
          • North America
          • Europe
          • Asia Pacific
          • RoW

About Grand View Research

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc

Web: www.grandviewresearch.com

Monday, 27 July 2015

Propionic Acid Market Size, Segmentation To 2020

Propionic acid, also known as CH3CH2COOH, is a 3-carbon carboxylic acid. It is a dull and plain liquid and has a strong smell. It is made on a commercial basis by thehydrocarboxylation of ethylene when nickel carbonyl catalyst is present. Propionic acid and its subsidiaries are widely used as food additives and feed. It prevents the spread of bacteria and other microorganisms. Other sectors where propionic acid is used are pharmaceuticals, herbicides and solvents.

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Propionic acid can lead to irritation of the human body in case people come in touch with it. So, different health establishments are constantly involved in observing its contact effects. The worldwide propionic acid market has developed considerably in the last few years. It is estimated to expand more rapidly in the coming five years. The market is predicted to be propelled ahead by augmented requirement from grain, feed and food additives.

Europe was the biggest propionic acid market in recent times. It is majorly propelled by the ban enforced on antibiotics in certain applications ever since 2006. The demand in Europe is anticipated to grow healthily owing to large demand for the grain and feed additive sectors. The United States of America is the biggest solitary propionic acid market in the world. The propionic acid market was estimated to generate revenue worth USD 908 million in 2012.

It was predicted to increase during the projected phase, at about 8 percent CAGR. This phase lasts from 2013 to 2019. The market is expected to garner revenue worth about USD 1, 540 million by 2019. The growing use of subsidiaries of propionic acid also drives the propionic acid market ahead. Moreover, the accentuating demand for food additives owing to fast development of this industry on a worldwide level also adds to the revenue of the propionic acid market.

For More Information about site: http://www.ni2014.org/

Friday, 24 July 2015

Fatty Acid Industry to 2020 – Market Outlook, Industry Trends

Fatty acid esters (FAEs) are those esters which are formed by combining fatty acids with alcohol. The fatty acid esters market is estimated to grow at 4 percent CAGR by the end of 2020. This is due to increasing demand for fatty acid esters from consumer industries, including cosmetics and personal care. FAEs are expected to attain USD 2.25 billion by 2020.

Download sample Copy of This Report at : http://www.grandviewresearch.com/industry-analysis/fatty-acid-esters-market

The pivotal factors driving the fatty acid esters market are increasing demand in food industry and huge demand from the sectors of personal care and cosmetics. However, volatility in the prices of feedstock is expected to restrain the market over the forecast period.

The fatty acid esters market can be segmented into three major categories, including products, applications and geographies. The market, on the basis of products, can be divided into glyceryl monostearate, isopropyl monostearate and others. Others includes sucrose esters, glycol esters and polyol esters.

The applications fatty acid esters market can be fragmented into lubricants, foods, personal care &cosmetics, surfactants and others. Others includes pharmaceuticals and paper. Geographically, the fatty acid esters market can be fragmented into four key regions, including North America, Asia Pacific, Europe and ROW (rest of the world).

North America dominated the market for FAEs in 2013. This was as a result of growing demand for cosmetics and personal care products. Asia Pacific has shown considerable growth. This is on account of increasing disposable income of consumers and rising demand for cosmetics and food in the region. The emerging markets of Asia Pacific, especially India and China are likely to propel further demand for the fatty acid esters market.

For More Information about site: http://www.ni2014.org/

Drill Collar Market Growth, Industry Trends To 2022

Drill collars are tube-like pieces which are thick-walled. They are designed from solid steel bars. In general, these bars are plain carbon steel. At times, they are made of nonmagnetic alloys of nickel-copper or other premium alloys. They are destined to offer mass for drilling activities.

For Market Research Report on “Drill Collar Market” Visit – http://www.grandviewresearch.com/industry-analysis/drill-collar-market

The drill collar market is experiencing decent growth. It is projected to witness exponential growth in the future owing to the growing oil and gas industry and rising demand for energy. Increasing exploration and production activities and increasing prices of oil and gas are predicted to propel the market over the coming years. However, high material costs and requirement of huge capital investments are expected to restrain the drill collar market.

The drill collar market is bifurcated into types and geographies. The market, on the basis of types, can be fragmented into spiral drill collar, square drill collar and standard drill collar. Spiral drill collars are used to avoid differential sticking and also allow circulation of drilling fluids. Square drill collars are made use of, in vertical drilling and facilitate the utilization of minimum authorization in bottom hole assembly.

Geographically, the drill collar market can be divided into four major regions, including North America, Asia Pacific, Europe and rest of the world (ROW). North America leads the market. This is as a result of shale gas boom in the region. West Africa and Latin America have shown decent growth owing to huge spendings on deep and ultra deep water reserves.

Asia Pacific is likely to observe steady growth for the drill collar market during the coming years. This is due to increasing shale gas exploration operations in China.

For More Information about site: http://www.ni2014.org/

Tuesday, 21 July 2015

TPU films Market Size, Segmentation To 2020: Grand View Research, Inc.

The global TPU films market is expected to reach USD 624.6 million by 2018, according to a new market research report by Grand View Research, Inc. Positive outlook on the automotive industry, especially in Asia Pacific is expected to be a key driving force for the market. Grand View Research also observes that growth in application markets such as construction, railways, leisure, furniture and energy is anticipated to have a domino effect on TPU films demand over the next five years.

Browse full research report on TPU films Market: http://www.grandviewresearch.com/industry-analysis/tpu-films-industry

Automotive applications accounted for a bulk of TPU film consumption in 2012, with 25% of overall volume share. Film demand for building and construction, another key product avenue, is expected to reach USD 75.8 million by 2018, growing at a CAGR of 7.6% from 2013 to 2018. Leisure and sports, along with furniture applications are expected to offer promising growth opportunities for market participants in the near future. Pricing issues, coupled with higher availability of cheaper substitutes is expected to present a challenge for participants, in terms of product penetration.

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http://www.grandviewresearch.com/industry-analysis/tpu-films-industry

Further Key findings from the study suggest:

The global market for TPU films was estimated to be USD 405.8 million in 2012, with corresponding market volumes of 44,457.3 tons; and is expected to grow at a CAGR of 7.5% from 2013 to 2018
Asia Pacific is expected to maintain leadership position in the market, and is estimated to account for close to 46% of the global TPU film demand by 2018. North America and Europe, seen by the industry as mature markets are expected to show moderate growth over the next five years, together accounted for close to 50% of global demand in 2012
Japanese TPU film demand is expected to be stagnant, with the region losing overall market share to China over the next five years, accounting for 7.6% of global consumption by 2018. Owing to higher raw material, utility and labor cost, TPU film prices in North America and Europe are the highest in the world

The global TPU film market is highly fragmented, with no clear market leader identified presently. Customized product offerings, based on client specifications is a strong trend in the market, with many participants looking to acquire and retain market share through long-term exclusive supply contracts and strategic alliances. Permali Gloucester Limited, Avery Dennison, PAR Group and American Polyfilm Inc. were significant market participants for TPU films in 2012

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins

For the purpose of this study, Grand View Research has segmented the global TPU films market on the basis of application and region:

TPU Films Application Outlook

Automotive
Railways
Leisure & Sports
Energy
Building & Construction
Furniture
Aerospace
Others

TPU Films Regional Outlook

North America
Europe
Asia Pacific (Excl. Japan)
Japan
RoW

About Grand View Research

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc

Web: www.grandviewresearch.com

Polymethyl Methacrylate (PMMA) Market To 2020- Industry Trends, Forecast: Grand View Research, Inc.

The global Polymethyl Methacrylate (PMMA) market is expected to reach USD 10.87 billion by 2020, according to a new study by Grand View Research, Inc. Growing demand for LED flat panels and LED TVs is expected to be one of the key factors driving PMMA demand, especially in Asia Pacific, which is a major hub for electronic manufacturing. Growth of major end-use industries including electronics, automotive and signs & displays, mainly in emerging economies of China and India, are expected to boost the demand for PMMA over the forecast period. Grand View Research further observes that increasing R&D activities for developing bio-based PMMA coupled with emerging applications for optical grade PMMA in medical and healthcare, coatings and emulsions and solar power sectors is expected to drive its future market.

Browse full research report on Polymethyl Methacrylate (PMMA)

Market: http://www.grandviewresearch.com/industry-analysis/polymethyl-methacrylate-pmma-industry

PMMA extruded sheets alone accounted for over 55% of global market volumes in 2012. Extruded PMMA sheets find wide applications in numerous industries including electronics, signs and display, construction and automobiles among others. Owing to its new found use in coatings and emulsions market, PMMA beads (powder) form is expected to be the fastest growing market, at an estimated CAGR of 7% from 2013 to 2020. Cell cast sheet and blocks is another PMMA form widely used for construction activities owing to its impact strength and weather resistance.

Read detailed report or request for sample of this research report:
http://www.grandviewresearch.com/industry-analysis/polymethyl-methacrylate-pmma-industry

Further Key findings from the study suggest:

Global PMMA market volume is expected to reach 2.85 million tons by 2020, growing at a CAGR of 6.1% from 2013 to 2020

Signs and display applications emerged as the largest market for PMMA, with over 35% of global volumes in 2012. The electronics industry, including flat display screens, is expected to be the fastest growing application market for PMMA at an estimated CAGR of 7.7% over the next six years. In addition, broadening application of PMMA in other end use industries such as furniture and interiors, sanitary ware, fashion and apparel among others, is expected to boost its consumption over the next six years

Asia Pacific dominated the PMMA market, accounting for over 65% of the global demand in 2012. Along with being the largest market, Asia Pacific is also expected to be the fastest growing market for PMMA, at an estimated CAGR of 7.3% from 2013 to 2020. Europe is expected to witness moderate growth rate in the near future, while Middle East and Africa and Central and South America are expected to show above average growth for PMMA demand

Growth of electronics industry, mainly in Taiwan, South Korea and China is expected to boost the demand for PMMA over the next six years. Asia Pacific is considered to be the most attractive market, with relaxed regulations and cheap availability of labor and technology. Increased production of LED flat panels and LEDTVs has given a boost to PMMA demand in recent years, a trend which is expected to continue over the forecast period

The global market for PMMA is highly consolidated and dominated by top multinational corporations. Top four companies namely, Mitsubishi Rayon, Altuglas International, Evonik Industries and Chi Mei Corporation account for approximately three-fourth of the total PMMA produced worldwide in 2012

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/bulk-chemicals

For the purpose of this study, Grand View Research has segmented the global PMMA market on the basis of product, application and region:

Polymethyl Methacrylate (PMMA) Product Outlook,

Extruded Sheets
Cell Cast Sheet & Blocks
Pellets
Beads

Polymethyl Methacrylate (PMMA) Application Outlook,

Construction
Electronics
Automotive
Signs & Display
Other

Polymethyl Methacrylate (PMMA) Regional Outlook,

North America
Europe
Asia Pacific
Rest of the World

About Grand View Research

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc

Web: www.grandviewresearch.com