Product Code: ETC5308196 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Ethiopia Polymethyl Methacrylate Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 16.23% in 2025, the market peaks at 16.95% in 2027, and settles at 16.00% by 2029.
The demand for polymethyl methacrylate (PMMA) in Ethiopia is on the rise, primarily due to its application in the construction and automotive industries. PMMAs excellent transparency and weather resistance make it a preferred material for signage, glazing, and light covers. The market benefits from the expanding construction sector and the growing automotive market in Ethiopia.
The Ethiopia Polymethyl Methacrylate (PMMA) market is benefiting from its growing applications in industries such as automotive, construction, and electronics. PMMA is valued for its optical clarity, weather resistance, and strength, making it a preferred material for a wide range of products, including lenses, lighting, signage, and architectural features. The expansion of Ethiopia`s infrastructure and construction sectors, coupled with an increase in consumer demand for durable and high-quality materials, is driving the demand for PMMA. Additionally, its use in the electronics sector for display and screen applications is also fueling market growth.
The polymethyl methacrylate (PMMA) market in Ethiopia is challenged by the high costs of production and import dependency. Limited industrial applications and competition from other transparent materials, such as glass and polycarbonate, also restrict its growth.
Ethiopia`s Polymethyl Methacrylate (PMMA) market is developing as part of the broader policy push to enhance the country`s manufacturing capabilities. PMMA is widely used in applications such as signage, automotive, and optical lenses. The governments strategy to support the chemical industry includes creating a favorable investment climate for both local and foreign players. Additionally, the Ethiopian government is focused on improving infrastructure, including energy and transportation, to ensure that PMMA production can thrive in the country.
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 Ethiopia Polymethyl Methacrylate Market Overview |
3.1 Ethiopia Country Macro Economic Indicators |
3.2 Ethiopia Polymethyl Methacrylate Market Revenues & Volume, 2021 & 2031F |
3.3 Ethiopia Polymethyl Methacrylate Market - Industry Life Cycle |
3.4 Ethiopia Polymethyl Methacrylate Market - Porter's Five Forces |
3.5 Ethiopia Polymethyl Methacrylate Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Ethiopia Polymethyl Methacrylate Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 Ethiopia Polymethyl Methacrylate Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Ethiopia Polymethyl Methacrylate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for polymethyl methacrylate (PMMA) in various end-use industries such as automotive, construction, and electronics. |
4.2.2 Growing investments in infrastructure development and urbanization projects in Ethiopia, which require PMMA-based products. |
4.2.3 Rising awareness and preference for sustainable and eco-friendly materials, with PMMA being a recyclable and lightweight alternative. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of PMMA, which can impact the overall production costs. |
4.3.2 Lack of technological advancements and infrastructure for PMMA manufacturing in Ethiopia, leading to dependency on imports. |
4.3.3 Regulatory challenges and compliance requirements related to the manufacturing and usage of PMMA products in the Ethiopian market. |
5 Ethiopia Polymethyl Methacrylate Market Trends |
6 Ethiopia Polymethyl Methacrylate Market Segmentations |
6.1 Ethiopia Polymethyl Methacrylate Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Ethiopia Polymethyl Methacrylate Market Revenues & Volume, By Extruded sheet, 2021-2031F |
6.1.3 Ethiopia Polymethyl Methacrylate Market Revenues & Volume, By Cast acrylic sheet, 2021-2031F |
6.1.4 Ethiopia Polymethyl Methacrylate Market Revenues & Volume, By Pellets, 2021-2031F |
6.1.5 Ethiopia Polymethyl Methacrylate Market Revenues & Volume, By Beads, 2021-2031F |
6.1.6 Ethiopia Polymethyl Methacrylate Market Revenues & Volume, By Others, 2021-2031F |
6.2 Ethiopia Polymethyl Methacrylate Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 Ethiopia Polymethyl Methacrylate Market Revenues & Volume, By General purpose grade, 2021-2031F |
6.2.3 Ethiopia Polymethyl Methacrylate Market Revenues & Volume, By Optical grade, 2021-2031F |
6.3 Ethiopia Polymethyl Methacrylate Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Ethiopia Polymethyl Methacrylate Market Revenues & Volume, By Signs & displays, 2021-2031F |
6.3.3 Ethiopia Polymethyl Methacrylate Market Revenues & Volume, By Construction, 2021-2031F |
6.3.4 Ethiopia Polymethyl Methacrylate Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.5 Ethiopia Polymethyl Methacrylate Market Revenues & Volume, By Lighting Fixtures, 2021-2031F |
6.3.6 Ethiopia Polymethyl Methacrylate Market Revenues & Volume, By Electronics, 2021-2031F |
6.3.7 Ethiopia Polymethyl Methacrylate Market Revenues & Volume, By Marine, 2021-2031F |
6.3.8 Ethiopia Polymethyl Methacrylate Market Revenues & Volume, By Agriculture, 2021-2031F |
6.3.9 Ethiopia Polymethyl Methacrylate Market Revenues & Volume, By Agriculture, 2021-2031F |
7 Ethiopia Polymethyl Methacrylate Market Import-Export Trade Statistics |
7.1 Ethiopia Polymethyl Methacrylate Market Export to Major Countries |
7.2 Ethiopia Polymethyl Methacrylate Market Imports from Major Countries |
8 Ethiopia Polymethyl Methacrylate Market Key Performance Indicators |
8.1 Adoption rate of PMMA-based products in key industries in Ethiopia. |
8.2 Rate of investment in research and development for enhancing PMMA manufacturing processes within the country. |
8.3 Percentage of market penetration of locally produced PMMA products compared to imported alternatives. |
9 Ethiopia Polymethyl Methacrylate Market - Opportunity Assessment |
9.1 Ethiopia Polymethyl Methacrylate Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Ethiopia Polymethyl Methacrylate Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 Ethiopia Polymethyl Methacrylate Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Ethiopia Polymethyl Methacrylate Market - Competitive Landscape |
10.1 Ethiopia Polymethyl Methacrylate Market Revenue Share, By Companies, 2024 |
10.2 Ethiopia Polymethyl Methacrylate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |