Top 50 Companies in Polymethyl Methacrylate (PMMA) Market: Expert View By Spherical Insights
RELEASE DATE: Sep 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Polymethyl Methacrylate (PMMA) Market Size is projected to Grow from USD 5.34 Billion in 2024 to USD 9.78 Billion by 2035, at a CAGR of 5.66% during the forecast period 2025–2035. One of the main factors propelling the expansion of the polymethyl methacrylate (PMMA) market is the growing need in the automotive industry for lighter and more fuel-efficient automobiles.
Introduction
Buildings are shielded from damaging UV rays by polymethyl methacrylate sheets, which also give them a durable and attractive appearance. PMMA production trends in recent years have also benefited from increased investments in the aerospace and defense industries, since the material is increasingly being utilized to make non-shattering shields and windows, aircraft windscreens, canopies, and submarine periscopes. PMMA's use in sectors like automotive, building & construction, furniture & bedding, healthcare, and electrical & electronics has increased as a result of continuous research and technical advancements. Throughout the projected period, the PMMA market is anticipated to benefit from the growing automotive manufacturing.
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Polymethyl methacrylate (PMMA) Market Size & Statistics
- The Market Size for Polymethyl Methacrylate (PMMA) Was Estimated to be worth USD 5.34 Billion in 2024.
- The Market Size is Going to Expand at a CAGR of 5.66% between 2025 and 2035.
- The Global Polymethyl Methacrylate (PMMA) Market Size is anticipated to reach USD 9.78 Billion by 2035.
- North America is expected to generate the highest demand during the forecast period in the Polymethyl Methacrylate (PMMA) Market
- Asia Pacific is expected to grow the fastest during the forecast period in the Polymethyl Methacrylate (PMMA) Market.
Regional growth and demand
Asia Pacific is expected to grow the fastest during the forecast period in the polymethyl methacrylate (PMMA) market. Particularly in nations like China, South Korea, Japan, and India, the region's sizable population is contributing to the expansion of the real estate, automotive, and electronics sectors. The WORLD BANK GROUP estimates that 35% of Indians and 63% of Chinese people were urbanized in 2021, and that this percentage is still rising. As a result, both residential and commercial space are expanding, which is anticipated to fuel the growth of the Asia Pacific PMMA market.
North America is expected to generate the highest demand during the forecast period in the polymethyl methacrylate (PMMA) market. The extensive use of polymethyl methacrylate pellets, beads, extruded sheets, and cast acrylic sheets in the construction, real estate, signs & display, healthcare, and furniture & design industries is responsible for the region's leading share. PMMA is in high demand in the area due to the expanding electronics sector, the growing need for medical equipment, and the burgeoning auto industry. For example, the International Organization of Motor Vehicle Manufacturers (OICA) reports that the United States produced 9.1 million automobiles in 2021, or 4% more than in 2020.
Top 5 trends in the Polymethyl Methacrylate (PMMA) Market
- Growing demand in automotive lightweighting
- Expansion in consumer electronics and LED lighting
- Advancements in sustainable and recyclable PMMA
- Increasing use in medical devices and healthcare
- Rising adoption in construction and architectural glazing
1. Growing demand in automotive lightweighting
PMMA is increasingly used to replace heavier glass and metals in automotive components, helping improve fuel efficiency and reduce emissions. Its lightweight and durable properties make it ideal for electric and autonomous vehicles, boosting market growth.
2. Expansion in consumer electronics and LED lighting
The demand for clear, scratch-resistant display panels and LED covers fuels PMMA adoption. PMMA’s optical clarity enhances device aesthetics and performance, supporting trends in smartphones, TVs, and wearables.
3. Advancements in sustainable and recyclable PMMA
Innovations focus on bio-based PMMA and chemical recycling technologies, creating more eco-friendly materials. These developments align with circular economy goals and strict environmental regulations, driving broader industry acceptance.
4. Increasing use in medical devices and healthcare
PMMA’s biocompatibility and sterilization ability make it favored for intraocular lenses, dental applications, and surgical instruments. Growth in minimally invasive procedures and medical device innovation further catalyze PMMA demand.
5. Rising adoption in construction and architectural glazing
PMMA’s weather resistance, UV stability, and transparency are valued in building facades, skylights, and windows. Increasing infrastructure projects worldwide and demand for energy-efficient buildings drive this trend.
Empower your strategic planning:
Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the polymethyl methacrylate (PMMA) market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 25 Companies Leading the Polymethyl Methacrylate (PMMA) Market
- LG MMA Corp.
- Mitsubishi Chemical Corporation
- Sumitomo Chemical Co., Ltd.
- Lotte Chemical Corporation
- Chi Mei Corporation
- Evonik Industries AG
- Arkema S.A.
- Trinseo S.A.
- Mitsubishi Gas Chemical Company, Inc.
- Arkema
- Röhm GmbH
- Mitsubishi Rayon Co., Ltd.
- Hanwha Solutions Corporation
- Dow Inc.
- BASF SE
- Kaneka Corporation
- Saudi Basic Industries Corporation (SABIC)
- Denka Company Limited
- DIC Corporation
- INOAC Corporation
- Eastman Chemical Company
- Celanese Corporation
- Sumitomo Seika Chemicals Co., Ltd.
- Synthos S.A.
- Kuraray Co., Ltd.
1. LG MMA Corp. (Headquarters: South Korea)
LG MMA Corp., a subsidiary of LG Chem, is a leading manufacturer of polymethyl methacrylate (PMMA) resins. The company focuses on producing high-quality, transparent, and UV-resistant PMMA mainly for automotive, lighting, and construction sectors. LG MMA integrates advanced technologies to deliver durable and lightweight PMMA products enhancing automotive lightweighting and LED lighting. Commitment to sustainability is key, with recent launches of energy-efficient, eco-friendly PMMA solutions supporting green manufacturing trends.
2. Mitsubishi Chemical Corporation (Headquarters: Japan)
Mitsubishi Chemical Corporation is a major global player in the PMMA market, marketing its products under the Acrylite® brand. The company produces premium polymethyl methacrylate resins used in automotive parts, electronics, and medical devices. Mitsubishi Chemical leads in sustainability through innovations in bio-based PMMA and eco-friendly production methods. Advanced manufacturing capabilities enable it to meet growing global demand for PMMA with superior optical clarity, durability, and UV resistance.
3. Sumitomo Chemical Co., Ltd. (Headquarters: Japan)
Sumitomo Chemical Co., Ltd. is a key producer of high-performance polymethyl methacrylate, serving industries including automotive, healthcare, and electronics. Known for its durable and UV-resistant acrylic PMMA products, the company drives lightweight component innovations vital for automotive and optical applications. Sumitomo Chemical is expanding its eco-friendly PMMA portfolio, emphasizing sustainable manufacturing practices aligned with market growth and regulatory requirements worldwide.
4. Lotte Chemical Corporation (Headquarters: South Korea)
Lotte Chemical Corporation manufactures a diverse range of PMMA resins for automotive, construction, and electronics markets. The company is recognized for cost-effective and high-quality polymethyl methacrylate products. Lotte Chemical continues expanding production capacities and enhancing sustainable PMMA product lines, meeting rising demand for lightweight and durable materials in various high-growth sectors, supporting energy-efficient and eco-friendly industry trends.
5. Chi Mei Corporation (Headquarters: Taiwan)
Chi Mei Corporation specializes in producing polymethyl methacrylate resins known for their optical clarity, durability, and UV resistance. Serving automotive, electronics, and construction industries, Chi Mei has expanded its capacity and developed sustainable PMMA offerings. The company leverages advanced manufacturing technologies to deliver cost-effective and environmentally responsible PMMA products, bolstering its strong global market presence and commitment to innovation.
Are you ready to discover more about the polymethyl methacrylate (PMMA) market?
The report provides an in-depth analysis of the leading companies operating in the global polymethyl methacrylate (PMMA) market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- MMA Corp.
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- Mitsubishi Chemical Corporation
- Sumitomo Chemical Co., Ltd.
- Lotte Chemical Corporation
- Chi Mei Corporation
- Evonik Industries AG
- Arkema S.A.
- Trinseo S.A.
- Mitsubishi Gas Chemical Company, Inc.
- Others.
Conclusion
The Polymethyl Methacrylate (PMMA) Market Size is projected to grow steadily, driven by rising demand from automotive, construction, electronics, and healthcare industries. Key global players such as LG MMA Corp., Mitsubishi Chemical, Sumitomo Chemical, and Chi Mei Corporation are expanding production capacities and innovating with sustainable and high-performance PMMA grades. Growth is supported by trends in lightweight automotive components, energy-efficient building materials, and advanced medical applications. Asia-Pacific is a particularly fast-growing region due to industrial expansion and infrastructure development.
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