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The Global Demand for Methyl Methacrylate will Grow by an Average of 3.2% a Year by 2008

 

NewswireToday - /newswire/ - Limassol, Cyprus, 05/31/2007 - According to UK-based market research firm Merchant Research & Consulting Ltd., the producers of polymethylmethacrylate (PMMA) will demonstrate the largest demand for MMA.

   
 

Thus, polymethylmethacrylate sector accounts for 33% of methyl methacrylate consumption. Methyl methacrylate is also applied in the manufacture of coatings, inks, and adhesives.

The demand forpolymethylmethacrylate in Europe is forecast to grow by an average of 2.5% a year.

Polymethylmethacrylate consumption structure in Russia fluctuates and depends from both deterioration level of processing facilities and economical state of polymethylmethacrylate-consuming sectors.

The Russian market currently offers two types of polymethylmethacrylate products: (i) methacrylic injection-moulded polymers of Dacryl grade; (ii) organic sheet glass (extrusion or block-like). However, foreign producers of organic glass will thrive on the Russian market where local construction and technical-grade organic glass has to tackle sales issues. Russia produces insufficient volume of high-quality organic glass for the aerospace sector.

Methacrylic acid and its derivatives are used to produce vital polymer products.

Methacrylic acid is used to produce rubbers, triplex glass, ion-exchange resins; methacrylic acid salts act as emulsifiers.

The Polymethyl Methacrylate Market Research also features the following information:

• The state of the world market for polymethacrylate;
• The structure of the demand for methyl methacrylate on the Russian market;
• Methyl methacrylate pricing;
• Major consumers of methyl methacrylate products in Russia, Ukraine and Belarus;

 
 
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