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A synthetic polymer made of methyl methacrylate’s repeating units is known as polymethyl methacrylate. It is also referred to as acrylic glass or acrylic. It is a hard, translucent material with outstanding optical clarity that can be used in place of glass in a plethora of applications. Comparatively speaking to glass, it is relatively lightweight and has great impact resistance.
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This polymer also has good weather resistance as it can maintain its clarity and color even when subjected to direct sunshine and adverse weather conditions. It can also tolerate high temperatures and has a high melting point, which prevents severe deformation.
Key Details About the Polymethyl Methacrylate (PMMA) Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Polymethyl Methacrylate (PMMA) price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Polymethyl Methacrylate (PMMA) Price Trend, including India Iron price, USA Iron price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Polymethyl Methacrylate (PMMA) Price Trend:
Due to its unique qualities, polymethyl methacrylate is used in various industrial applications. It is significantly employed in manufacturing headlights, taillights, and indicators for automobiles. It offers strong and effective illumination for automotive lightning applications owing to its optical clarity and efficient light transmission abilities.
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PMMA is also frequently used in outdoor signs, billboards, and displays because of its transparency, weather resistance, and ability to hold color. PMMA sheets are versatile in design because they are simple to mold, etch, and print on. It is also used in the building and architecture industry for transparent roofing materials, skylights, and architectural glass. It is a reliable and secure option for such applications due to its strong impact resistance and weatherability.
Key Players:
- Rohm GmbH
- ChiMei Corporation
- Plaskolite LLC
- Kurary Co Ltd
- Lotte Chemical Corporation
- Kolon Industries Inc
- Toray Industries Inc
- Trinseo SA
- LG Chem Ltd
- SABIC
- Mitsubishi Chemical Holdings Corporation
- Sumitomo Chemical Co Ltd
News and Recent Development:
- December 23, 2022- Sumitomo Chemical Completes Construction of Pilot Facility For Acrylic Resin Chemical Recycling- At its Ehime Works in Niihama City, Ehime Prefecture, Japan, Sumitomo Chemical has built a new pilot facility for chemical recycling of acrylic resin (polymethyl methacrylate, or PMMA). In the spring of 2023, samples of the MMA monomer—a chemically regenerated form of methyl methacrylate—and acrylic resin created from it will be made accessible. The business will speed up the creation of an acrylic resin circular system that incorporates all phases, from the collection of spent acrylic resin through the recycling of the resin into monomer material to the usage of the material as products.
About Us:
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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