Poly Methyl Methacrylate Price, Prices, Pricing | ChemAnalyst

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Poly Methyl Methacrylate (PMMA)

Pricing Overview

Market Overview

Asia

The Chinese PMMA market was seen turning bullish as a combined effect of

tight regional supply, firmer feedstock and improved sentiments in the domestic

market. Supply of feedstock MMA remained exceptionally tight in lieu of a

prolonged turnaround period in Asia starting from August, which is anticipated

to last till November. Two MMA plants of Sumitomo Chemical, one in

Singapore and other in Japan, were taken off stream for about a month due to

maintenance related issues. Several other players located in Taiwan, Japan

and South Korea announced force majeures in their MMA units in the

forthcoming quarter. The overall demand of PMMA remained almost stable in

Q3 with China lending strong support, particularly from the automotive and

electronics sector. Prices were hovering in the range of USD 1370-1410 per

tonne CFR southeast after staying unusually stable during first half of the

quarter.

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data/polymethyl-methacrylate-50

North America

The American PMMA market struggled to revive during the third quarter owing

to dented dynamics in the United States. Producers in the region reported

suppressed quarterly performance weighed under dampened auto sales and

disruptions in services caused due to seasonal storms. PMMA second-quarter

contracts were settled at a rollover, with traders maintaining a balance between

higher demand from the transparent sheet sector, and poor MMA/PMMA

margins.

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Pricing Overview

Europe

PMMA supply remained lengthened during Q3, with no supply-side issues

observed across the European market. Arkema, one of the top three producers

of the resins in Europe and North America, reported a sharp rise in its quarter-

on-quarter financials buoyed by improved PMMA sales with an inclining

automotive demand. However, the demand for PMMA protective screens,

which hit unprecedented highs in Q2 was seen easing in Q3 with substantial

recovery observed in other end-uses (such as construction and automotive).

September contract prices settled at an increase after maintaining stagnancy

due to firming MMA.

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Pricing Overview

Methodology

ChemAnalyst gathers information through primary research surveys conducted

with various Polymethyl methacrylate (PMMA) manufacturers, spread across

the domestic and international market, suppliers and dealers/distributors to

gain insights into value-chains and demand-supply scenario to assess the

market situation. Thorough study of company’s annual reports and secondary

sources such as exhaustive search on credible paid databases, including our

internal database is done to verify the information. All the collected information

is analyzed, evaluated and presented in chronological order to depict a

meaningful and clear picture of the concerned market.

Our dedicated team of industry experts comprehensively monitors and

analyzes various aspects of the Global Polymethyl methacrylate (PMMA)

market. The team analyzes various industrial segments, strategic

viewpoints and provides an analysis of the industry’s performance in the long

run. This would enable our clients in efficiently plan their future investments,

mitigate risk, understand the cost dynamics and strike out a balance amidst

market volatility.

Critical examination of the impact of COVID-19 pandemic on the global

supply chains and shift in demand patterns with change in buying behavior of

consumers across the globe.

Several ongoing development projects across industries are tracked,

followed by the details of major projects in the development stage, which can

positively or negatively influence Global Polymethyl methacrylate (PMMA)

market.

Pricing is captured through exhaustive primary interviews with domestic and

international manufacturers, traders and importers and customers on weekly,

monthly and yearly basis.

Finally, region-specific markets for Polymethyl methacrylate (PMMA) are

analyzed and region-wise demand pattern is tracked.

About







Pricing Overview

About

About

Polymethyl methacrylate (PMMA) is an acrylic polymer available as a white

powder or clear plastic sheet. It is chemically stable and non-hazardous but

reacts vigorously with strong oxidizing agents. PMMA is a tough, highly

transparent material known for its excellent resistance to ultraviolet radiation,

gamma rays and weathering. It is an economical alternative to Polycarbonate

(PC) where extreme toughness is not required. It can be easily colored,

molded, and formed into various shapes. These properties make it ideal for

many applications including airplane windshields, skylights, car headlamps

and taillights, and outdoor signs. More than half of the PMMA produced

globally is used for making sheets produced by extrusion or casting, while the

rest is molded into various shapes. Another major consumer of PMMA resin is

the construction sector wherein it finds usage in pool, architectural fittings and

lighting applications. Other uses include optical media (DVDs, lenses),

electronics, mobile phone displays, packaging, toys, etc. PMMA is generally

produced from the homogeneous or heterogeneous polymerization reaction of

Methyl methacrylate (MMA) in the presence of organic peroxides followed by

several commercial processes. Continuous and batch solution processes can

be also be used for the production of PMMA resins with varying molecularweights.





Poly Methyl Methacrylate Price, Prices, Pricing | ChemAnalyst

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