The global polymethyl methacrylate (PMMA) market size is expected to grow from USD 5.1 billion in 2024 to USD 6.1 billion in 2029, at a CAGR of 3.4%.

The Polymethyl Methacrylate (PMMA) market is growing due to technological innovations in the manufacturing, infrastructure development, and automotive applications. The product is mature and still preferred by the construction industry for manufacturing window panels, skylights, canopies due to its impact resistance. The use of PMMA avoids the breakage issues that may occur when using glass. Hence, it is known as a substitute for glass.

By region, Asia Pacific will register the highest growth rate during the forecast period, a result of growing demand from the automotive and construction sectors. Construction activities are increasing in developing economies in the region, such as Thailand, Vietnam, and India. Moreover, many countries in the region are well-known producers of automobiles and other vehicles. Furthermore, Asia Pacific is one of the largest manufacturing and industrial hubs, making it a significant contributor to PMMA growth.