| Product Code: ETC5719005 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cyprus continued to witness a significant influx of polymethyl methacrylate (PMMA) import shipments, with top exporting countries including Greece, Metropolitan France, Germany, Russia, and Italy. The high Herfindahl-Hirschman Index (HHI) reflects a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 5.63%, showcasing sustained demand. Moreover, the impressive growth rate of 28.81% from 2023 to 2024 indicates a notable surge in import volumes, underscoring the importance of PMMA in Cyprus's market landscape.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cyprus Polymethyl Methacrylate (PMMA) Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Polymethyl Methacrylate (PMMA) Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Polymethyl Methacrylate (PMMA) Market - Industry Life Cycle |
3.4 Cyprus Polymethyl Methacrylate (PMMA) Market - Porter's Five Forces |
3.5 Cyprus Polymethyl Methacrylate (PMMA) Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Cyprus Polymethyl Methacrylate (PMMA) Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
3.7 Cyprus Polymethyl Methacrylate (PMMA) Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Cyprus Polymethyl Methacrylate (PMMA) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and durable materials in various industries |
4.2.2 Growing trend towards sustainable and eco-friendly products |
4.2.3 Technological advancements leading to new applications and innovations in the PMMA market |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent regulations and environmental concerns related to the production of PMMA |
4.3.3 Intense competition from alternative materials such as polycarbonate and PVC |
5 Cyprus Polymethyl Methacrylate (PMMA) Market Trends |
6 Cyprus Polymethyl Methacrylate (PMMA) Market Segmentations |
6.1 Cyprus Polymethyl Methacrylate (PMMA) Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Polymethyl Methacrylate (PMMA) Market Revenues & Volume, By General purpose grade, 2021-2031F |
6.1.3 Cyprus Polymethyl Methacrylate (PMMA) Market Revenues & Volume, By Optical grade, 2021-2031F |
6.2 Cyprus Polymethyl Methacrylate (PMMA) Market, By End-use Industry |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Polymethyl Methacrylate (PMMA) Market Revenues & Volume, By Signs & displays, 2021-2031F |
6.2.3 Cyprus Polymethyl Methacrylate (PMMA) Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.2.4 Cyprus Polymethyl Methacrylate (PMMA) Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.5 Cyprus Polymethyl Methacrylate (PMMA) Market Revenues & Volume, By Lighting Fixtures, 2021-2031F |
6.2.6 Cyprus Polymethyl Methacrylate (PMMA) Market Revenues & Volume, By Electronics, 2021-2031F |
6.2.7 Cyprus Polymethyl Methacrylate (PMMA) Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3 Cyprus Polymethyl Methacrylate (PMMA) Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Polymethyl Methacrylate (PMMA) Market Revenues & Volume, By Extruded sheet, 2021-2031F |
6.3.3 Cyprus Polymethyl Methacrylate (PMMA) Market Revenues & Volume, By Cast acrylic sheet, 2021-2031F |
6.3.4 Cyprus Polymethyl Methacrylate (PMMA) Market Revenues & Volume, By Pellets, 2021-2031F |
6.3.5 Cyprus Polymethyl Methacrylate (PMMA) Market Revenues & Volume, By Beads, 2021-2031F |
7 Cyprus Polymethyl Methacrylate (PMMA) Market Import-Export Trade Statistics |
7.1 Cyprus Polymethyl Methacrylate (PMMA) Market Export to Major Countries |
7.2 Cyprus Polymethyl Methacrylate (PMMA) Market Imports from Major Countries |
8 Cyprus Polymethyl Methacrylate (PMMA) Market Key Performance Indicators |
8.1 Research and development investment in PMMA technology |
8.2 Adoption rate of PMMA in emerging industries |
8.3 Number of patents filed for PMMA-related innovations |
8.4 Environmental sustainability initiatives in PMMA production processes |
8.5 Percentage of PMMA waste recycled or reused |
9 Cyprus Polymethyl Methacrylate (PMMA) Market - Opportunity Assessment |
9.1 Cyprus Polymethyl Methacrylate (PMMA) Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Cyprus Polymethyl Methacrylate (PMMA) Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
9.3 Cyprus Polymethyl Methacrylate (PMMA) Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Cyprus Polymethyl Methacrylate (PMMA) Market - Competitive Landscape |
10.1 Cyprus Polymethyl Methacrylate (PMMA) Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Polymethyl Methacrylate (PMMA) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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