Poly Methyl Methacrylate (PMMA) Prices, Trend, Chart, Database | ChemAnalyst - PowerPoint PPT Presentation

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Poly Methyl Methacrylate (PMMA) Prices, Trend, Chart, Database | ChemAnalyst

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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. – PowerPoint PPT presentation

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Title: Poly Methyl Methacrylate (PMMA) Prices, Trend, Chart, Database | ChemAnalyst


1
Poly Methyl Methacrylate (PMMA) Pricing Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
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. For more
info https//www.chemanalyst.com/Pricing-data/po
lymethyl-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.  
2
Poly Methyl Methacrylate (PMMA) Pricing Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
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. How we can help ChemAnalyst
addresses the key problematic areas and risks
associated with chemical and petrochemical
business globally and enables the decision-maker
to make smart choices. It identifies and analyses
factors such as geopolitical risks, environmental
risks, raw material availability, supply chain
functionality, disruption in technology and so
on. It targets market volatility and ensures
clients navigate through challenges and pitfalls
in an efficient and agile manner. Timeliness and
accuracy of data has been the core competency of
ChemAnalyst, benefitting domestic as well as
global industry in tuning in to the real-time
data points to execute multi-billion-dollar
projects globally.
3
Poly Methyl Methacrylate (PMMA) 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
companys 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
industrys 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.
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
About
4
Poly Methyl Methacrylate (PMMA) Pricing Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
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 molecular
weights.
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