| Product Code: ETC4503650 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
In 2024, Nigeria`s polymethyl methacrylate (PMMA) import market continued to be dominated by key suppliers such as Metropolitan France, China, India, Turkey, and Ethiopia. Despite a high Herfindahl-Hirschman Index (HHI) indicating concentrated market control, the industry experienced a declining Compound Annual Growth Rate (CAGR) of -6.91% from 2020 to 2024. Furthermore, the growth rate plummeted by -54.76% from 2023 to 2024, reflecting a challenging year for PMMA imports in Nigeria. Market players should closely monitor these trends and adapt their strategies to navigate the evolving landscape effectively.

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 Nigeria Polymethyl Methacrylate (PMMA) Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Polymethyl Methacrylate (PMMA) Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Polymethyl Methacrylate (PMMA) Market - Industry Life Cycle |
3.4 Nigeria Polymethyl Methacrylate (PMMA) Market - Porter's Five Forces |
3.5 Nigeria Polymethyl Methacrylate (PMMA) Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Nigeria Polymethyl Methacrylate (PMMA) Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
3.7 Nigeria Polymethyl Methacrylate (PMMA) Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Nigeria Polymethyl Methacrylate (PMMA) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for PMMA in various end-use industries such as automotive, construction, and electronics |
4.2.2 Growing awareness about the benefits of PMMA over traditional materials like glass |
4.2.3 Expansion of manufacturing capabilities and technological advancements in PMMA production |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from other substitute materials |
4.3.3 Regulatory challenges and environmental concerns related to PMMA production |
5 Nigeria Polymethyl Methacrylate (PMMA) Market Trends |
6 Nigeria Polymethyl Methacrylate (PMMA) Market, By Types |
6.1 Nigeria Polymethyl Methacrylate (PMMA) Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Polymethyl Methacrylate (PMMA) Market Revenues & Volume, By Grade, 2021 - 2031F |
6.1.3 Nigeria Polymethyl Methacrylate (PMMA) Market Revenues & Volume, By General purpose grade, 2021 - 2031F |
6.1.4 Nigeria Polymethyl Methacrylate (PMMA) Market Revenues & Volume, By Optical grade, 2021 - 2031F |
6.2 Nigeria Polymethyl Methacrylate (PMMA) Market, By End-use Industry |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Polymethyl Methacrylate (PMMA) Market Revenues & Volume, By Signs & displays, 2021 - 2031F |
6.2.3 Nigeria Polymethyl Methacrylate (PMMA) Market Revenues & Volume, By Consumer Goods, 2021 - 2031F |
6.2.4 Nigeria Polymethyl Methacrylate (PMMA) Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.2.5 Nigeria Polymethyl Methacrylate (PMMA) Market Revenues & Volume, By Lighting Fixtures, 2021 - 2031F |
6.2.6 Nigeria Polymethyl Methacrylate (PMMA) Market Revenues & Volume, By Electronics, 2021 - 2031F |
6.2.7 Nigeria Polymethyl Methacrylate (PMMA) Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.3 Nigeria Polymethyl Methacrylate (PMMA) Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Polymethyl Methacrylate (PMMA) Market Revenues & Volume, By Extruded sheet, 2021 - 2031F |
6.3.3 Nigeria Polymethyl Methacrylate (PMMA) Market Revenues & Volume, By Cast acrylic sheet, 2021 - 2031F |
6.3.4 Nigeria Polymethyl Methacrylate (PMMA) Market Revenues & Volume, By Pellets, 2021 - 2031F |
6.3.5 Nigeria Polymethyl Methacrylate (PMMA) Market Revenues & Volume, By Beads, 2021 - 2031F |
7 Nigeria Polymethyl Methacrylate (PMMA) Market Import-Export Trade Statistics |
7.1 Nigeria Polymethyl Methacrylate (PMMA) Market Export to Major Countries |
7.2 Nigeria Polymethyl Methacrylate (PMMA) Market Imports from Major Countries |
8 Nigeria Polymethyl Methacrylate (PMMA) Market Key Performance Indicators |
8.1 Percentage of PMMA penetration in key end-use industries in Nigeria |
8.2 Growth rate of PMMA consumption in Nigeria compared to regional and global trends |
8.3 Investment in research and development for PMMA innovations in Nigeria |
9 Nigeria Polymethyl Methacrylate (PMMA) Market - Opportunity Assessment |
9.1 Nigeria Polymethyl Methacrylate (PMMA) Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Nigeria Polymethyl Methacrylate (PMMA) Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
9.3 Nigeria Polymethyl Methacrylate (PMMA) Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Nigeria Polymethyl Methacrylate (PMMA) Market - Competitive Landscape |
10.1 Nigeria Polymethyl Methacrylate (PMMA) Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Polymethyl Methacrylate (PMMA) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |