Polymethyl methacrylate (PMMA) is published by ICIS weekly in Asia and Europe. These reliable and trustworthy reports include price assessments for spot general purpose in Asia and contract for standard grade in Europe.
Our locally-based reporters gather market intelligence to give unbiased information on market overviews, outlooks, feedstock updates and any other influencing factors driving the prices. This up-to-date news and analysis can help you to make informed commercial choices.
Updated to Q2 2019
Spot availability of polymethyl methacrylate (PMMA) in Asia increased in Q2, despite moderate operating rates among producers. Regional stockpiles were mainly sufficient. The consistent volumes coming from the relatively new players in the Middle East and China ensured a decent amount of supply on the spot markets, which then translated to intense competition for market share among sellers. The recent upstream capacity expansion for an integrated unit in South Korea also lifted supply sentiment.
Buying interest for PMMA declined in Q2, owing to the extended US-China trade war and various regional holidays. Although regional demand was fairly sustained in southeast Asia from the automotive segment, consumer appetite dropped for other sectors such as acrylic or household products in China. Import demand in China was also weighed down with the weak Chinese yuan against the US dollar. Buyers generally compared offers slowly and obtained small volumes to fulfil immediate requirements.
European polymethyl methacrylate (PMMA) supply lengthened throughout the second quarter, linked to good local production and high imports. Material from Asia and the Middle East added to supply, with prices falling as sellers fought for market share.
Demand was mixed in the second quarter, which is traditionally the highest period for consumption for PMMA. Automotive demand remains poor, and the impact of that worsened as the quarter continued. Construction demand is normally high during the warmer months.
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Polymethyl methacrylate (PMMA) is the most important application for methyl methacrylate (MMA).
Polymethyl methacrylate (PMMA) is an acrylic polymer that has high ultraviolet (UV) resistance and is available as resin or sheet. About two-thirds of consumption is in sheets produced by extrusion or casting, while the remainder is moulded into various shapes.
PMMA’s primary use is in car headlamps and taillights. The second-largest use is in construction (pool and sanitary ware, architectural fittings), and glazing/signage.
A growing sector for PMMA is in electronic applications, such as flat screen televisions and liquid crystal displays (LCD’s).
Other uses are household appliances, optical media (DVDs, lenses), electronics, mobile phone displays, cosmetics packaging, toys, pens and furniture.
PMMA is available as a white powder or clear plastic sheet, is stable and non-hazardous, but incompatible with strong oxidising agents. It is combustible and in powder form is harmful by ingestion or inhalation.
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