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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.
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Poly Methyl Methacrylate (PMMA) Pricing Overview E-mail : info@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/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.
Poly Methyl Methacrylate (PMMA) Pricing Overview E-mail : info@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.
Poly Methyl Methacrylate (PMMA) Pricing Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ 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 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. industrial segments, strategic About 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.
Poly Methyl Methacrylate (PMMA) Pricing Overview E-mail : info@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. About
