As of July 2024, PMMA prices are fluctuating, reflecting a 2% increase from the previous month. The Asia-Pacific (APAC) region is the largest market for Polymethyl methacrylate, with South Korea emerging as the leading exporter in this sector. Following the Asia-Pacific region, Europe is emerging as a significant market for Polymethyl methacrylate.
In Q1,2024, the PMMA market in Europe experienced a 1% shift in price trends.Whereas the PMMA market in APAC region saw a substantial rise in prices, with an increase of 4%. In Southeast Asia the price increased by 0.63%.
However, in Q2,2024 the PMMA market in Europe experienced the percent decrease by 1% in the price trend. Whereas 2024 the PMMA market in APAC saw a rise in prices of 9%. In southeast Asia there is recommendable increase of 10%.
In Q3, 2024, the price trend for Polymethyl Methacrylate (PMMA) will be shaped by variations in both production levels and demand. These fluctuations will play a key role in determining how PMMA prices move during this period.
In Q4, 2024, the global industry is categorized based on form into extruded sheets, beads, pellets, cast acrylic sheets, and others. The extruded sheet segment led the market, capturing the largest share of overall revenue. This segment is expected to continue growing steadily, maintaining its dominant position throughout the forecast period. The growth of this segment can be attributed to its affordability, wide range of applications, and easy market availability.