Various factor hampering the growth of PMMA consists of volatile price of crude oil, availability of raw materials, and frequent business conditions of bottleneck availability. The key use of this product is transparent glass substitute. It is used for constructing commercial and residential aquariums. The standard glass has now been replaced by this glass by the aircraft windows and nowadays also by police vehicles used in riot control. It is also used in medical technologies and implants. Such synthetic materials are used to make eyeglasses and contact lenses. These are compatible with human tissue and are used to manufacture a broader variety of eye lenses.

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The only disadvantage associated with is product is this has low impact resistance & power relative to other plastic replacements. At times, it is not that solid and can break, without breaking, as it may suffer brittle failures.

Key players include Mitsubishi Rayon Group, Evonik Industries AG, Kuraray Group, Arkema SA, Sumitomo Chemical Company, Chi Mei Corporation, DowDuPont, Asahi Kasei Corporation, SABIC

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Key segments across Polymethyl Methacrylate market

Type Overview, 2018-2025, (USD Billion and Kilotons)

Extruded Sheets
Pellets
Acrylic Beads
Others

Applications Overview, 2018-2025, (USD Billion and Kilotons)

Automotive
Construction
Electronics
Signs & Displays
Others

Regional Overview, 2018-2025, (USD Billion and Kilotons)

North America
S.
Canada
Mexico
Europe
Germany
UK
France
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia-Pacific
Central & South America
Brazil
Argentina
Rest of Central & South America
Middle East & Africa
Saudi Arabia
Rest of Middle East & Africa

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