U.S.: Polymethyl Methacrylate Market 2025

Polymethyl Methacrylate Market Size in the U.S.

In 2022, the U.S. polymethyl methacrylate market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption showed a buoyant increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Polymethyl Methacrylate Production in the U.S.

In value terms, polymethyl methacrylate production dropped modestly to $X in 2022. Over the period under review, the total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.5% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of 37% against the previous year. Polymethyl methacrylate production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Polymethyl Methacrylate Exports

Exports from the U.S.

In 2022, polymethyl methacrylate exports from the United States fell to X tons, waning by -6.1% compared with the previous year. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, polymethyl methacrylate exports rose slightly to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 41% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Mexico (X tons) was the main destination for polymethyl methacrylate exports from the United States, with a 53% share of total exports. Moreover, polymethyl methacrylate exports to Mexico exceeded the volume sent to the second major destination, Canada (X tons), fivefold. The third position in this ranking was held by Sweden (X tons), with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mexico stood at +1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-3.1% per year) and Sweden (+38.5% per year).

In value terms, Mexico ($X) remains the key foreign market for polymethyl methacrylate in primary forms exports from the United States, comprising 53% of total exports. The second position in the ranking was taken by Canada ($X), with a 13% share of total exports. It was followed by China, with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Mexico amounted to +4.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-1.5% per year) and China (-5.7% per year).

Export Prices by Country

The average polymethyl methacrylate export price stood at $X per ton in 2022, growing by 8.6% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 14% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Polymethyl Methacrylate Imports

Imports into the U.S.

In 2022, overseas purchases of polymethyl methacrylate in primary forms were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, total imports indicated a mild expansion from 2012 to 2022: its volume increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -26.8% against 2019 indices. The pace of growth was the most pronounced in 2017 when imports increased by 48%. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, polymethyl methacrylate imports expanded remarkably to $X in 2022. The total import value increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 52%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

South Korea (X tons), Japan (X tons) and France (X tons) were the main suppliers of polymethyl methacrylate imports to the United States, together accounting for 73% of total imports. These countries were followed by Italy, Singapore, Taiwan (Chinese), Germany, Malaysia, the UK, China, the Netherlands and Canada, which together accounted for a further 24%.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +122.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polymethyl methacrylate suppliers to the United States were Japan ($X), South Korea ($X) and Italy ($X), together accounting for 65% of total imports. These countries were followed by France, the UK, Germany, Singapore, Taiwan (Chinese), the Netherlands, Malaysia, Canada and China, which together accounted for a further 31%.

In terms of the main suppliers, Malaysia, with a CAGR of +80.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average polymethyl methacrylate import price amounted to $X per ton, waning by -2.8% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 33% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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