+1-888-308-5802     
News Contact Us

(Polymethyl Methacrylate) PMMA Market Statistics 2019-2024: Share Forecasts, Regional Trends & Growth drivers

Author : Rahul Varpe | Published Date : 2019-08-08 

Global (Polymethyl Methacrylate) PMMA Market size which was evaluated at more than $116 million in 2015 is projected to register a CAGR of higher than 7.6% till the end of forecast period. Shift in trend towards substituting traditional medical polymers like polycarbonate and polyvinyl chloride with high performing harmless polymers is expected to propel industry demand in medical applications. Increasing spending on global healthcare applications coupled with heavy medical equipment sales will produce more avenues for global industry across healthcare segment.

Rising healthcare spending in BRICS (Brazil, Russia, India, China and South Africa) countries has fuelled the global (Polymethyl Methacrylate) PMMA industry growth. Rise in aging population in Europe, U.S. and Japan has boosted global (Polymethyl Methacrylate) PMMA market growth.

Request sample copy of this report @ https://www.gminsights.com/request-sample/detail/693

Global Polymethyl Methacrylate) PMMA Market is segmented into applications like laboratory ware, medical ware and pharmaceutical handling.

Laboratory ware segment is expected to experience biggest gains and register CAGR of more than 6.2% during forecast timeframe. Rising old age population across the globe and increase in IV diagnostics is anticipated to positively influence industry growth. Heavy industry penetration of modern diagnostic tools like tissue diagnostics and molecular diagnostics in North American region can favor demand of the product.

U.S. Polymethyl Methacrylate) PMMA Market led the industry demand for North America. It was evaluated at more than $48.1 million for 2015. Large aging population in U.S. along with strict FDA (Food and Drug Administration) rules to reduce use of harmful plastics in medical sector is predicted to favorably influence industry expansion.

Browse Complete Summary of this report @ https://www.gminsights.com/industry-analysis/healthcare-PMMA-market

APAC (Polymethyl Methacrylate) PMMA Market led by India and China is predicted to record CAGR of about 8% during forecast period and register maximum gains. Growth of medical equipments segment owing to technological breakthroughs in China and Japan are key aspects driving regional industry growth.

Europe (Polymethyl Methacrylate) PMMA market, dominated by Italy, UK, France, Spain and Germany, is anticipated to record CAGR of about 5% and cross revenue mark of $71 million by end of forecast period. Rising demand for medical equipments like dentures, incubators and desiccators is one of the key factors contributing to the industry growth in the region.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/693

Key industry players profiled in report are Evonik Industries, Arkema, Aristech Surfaces, Kydex, Lucite International, Dow Chemical Company, Plaskolite Incorporation and Polyone Corporation.

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

Related News

Concrete Floor Coatings Market Statistics: 2019-2024 Global Share Report

Published Date: 2019-09-20         Author: Rahul Varpe

As per a report by Global Market Insights, Inc., Concrete floor coatings market is projected to record a 7% CAGR over 2016-2024 and exceed a market valuation of USD 1.5 billion by 2024. Global Concrete Floor Coatings Market is poised to witness a major upswing with the soaring construction industry ... Read More

Smart And Interactive Textiles Market 2019: Regional Trends, Opportunities & Growth Forecasts To 2024

Published Date: 2019-09-20         Author: Rahul Varpe

Global Market Insights, Inc. adds Global Smart And Interactive Textiles Market Research its online database. The report provides information on Industry Trends, Demand, Top Manufacturers, Countries, Material and Application. Speaking of which, smart textiles find massive applications in the retai... Read More

Smart And Interactive Textiles Market to witness a steady growth over the forecast timeframe

Published Date: 2019-09-20         Author: Rahul Varpe

Global Market Insights, Inc. adds Global Smart And Interactive Textiles Market Research its online database. The report provides information on Industry Trends, Demand, Top Manufacturers, Countries, Material and Application. Excellent growth prospects have been forecast for Smart And Interactive Tex... Read More

© 2019 Fractovia. All Rights Reserved