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  • Published In : Jun 2024
  • Code : CMI569
  • Pages : 208
  • Formats :
      Excel/PDF
  • Industry : Bulk Chemicals

The methyl methacrylate market is estimated to be valued at USD 18.21 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031. Methyl methacrylate (MMA) is an organic compound that is widely used in the production of acrylic resins, coatings, and various acrylic products. As an important monomer in polymer chemistry, MMA is one of the key raw materials used to the manufacture polymethyl methacrylate (PMMA), which finds diverse applications ranging from automotive and construction to medical devices and consumer goods. The global methyl methacrylate market has witnessed steady growth over the past few years owing to the rising demand for PMMA from different end-use industries. Other major factors spurring the market include rapid urbanization, growth in the building & construction sector, and increasing disposable income in developing nations.

 Market Dynamics:

The global methyl methacrylate market is primarily driven by the rising usage of PMMA in various applications such as automotive, construction, electronics, signs & displays, and medical sectors. PMMA exhibits several properties including optical clarity, dimensional stability, high gloss, and light weight which make it a preferred substitute for glass. However, volatility in raw material prices owing to supply chain disruptions is a major factor hindering the market growth. Moreover, rising environmental concerns due to toxic emissions from MMA production poses challenges. On the positive side, technological advancements in the production of MMA via more eco-friendly processes present significant opportunities for market players going forward.

 Key Features of the Study:

  • This report provides in-depth analysis of the global methyl methacrylate market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
  • It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the global methyl methacrylate market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study include BASF SE, Evonik Industries AG, Arkema Group, The Dow Chemical Company, Akzo Nobel N.V., Sumitomo Chemical Company Limited, Chi Mei Corporation, Huntsman Corporation, Kolon Industries, Karl Jungbecker GmbH & Co. KG, Dhalop Chemicals, Saudi Methacrylate Company, Vizag Chemicals, Ottokemi, and TrinSeo.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
  • The global methyl methacrylate market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global methyl methacrylate market.

Detailed Segmentation-

  • By Application:
    • Polymethyl Methacrylate (MMA)
    • Surface Coating
    • Others
  • By End-use Industry:
    • Building & Construction
    • Automotive
    • Electronics
    • Aerospace
    • Paints & Coatings
    • Medical
    • Others
  • By Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
  • Company Profiles:
    • BASF SE
    • Evonik Industries AG
    • Arkema Group
    • The Dow Chemical Company
    • Akzo Nobel N.V.
    • Sumitomo Chemical Company Limited
    • Chi Mei Corporation
    • Huntsman Corporation
    • Kolon Industries
    • Karl Jungbecker GmbH & Co. KG
    • Dhalop Chemicals
    • Saudi Methacrylate Company
    • Vizag Chemicals
    • Ottokemi
    • TrinSeo

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Application
      • Market Snippet, By End-use Industry
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
    • PEST Analysis
    • PORTER’s Five Forces Analysis
    • Market Opportunities
    • Regulatory Scenario
    • Key Developments
    • Industry Trend
  4. Global Methyl Methacrylate Market - Impact of Coronavirus (COVID-19) Pandemic
    • Overview
    • Factors Affecting the Global Methyl Methacrylate Market – COVID-19
    • Impact Analysis
  5. Global Methyl Methacrylate Market, By Application, 2019-2031 (US$ Bn)
    • Introduction
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Polymethyl Methacrylate (MMA)
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Surface Coating
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Others
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
  6. Global Methyl Methacrylate Market, By End-use Industry, 2019-2031 (US$ Bn)
    • Introduction
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Building & Construction
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Automotive
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Electronics
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Aerospace
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Paints & Coatings
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Medical
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Others
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
  7. Global Methyl Methacrylate Market, By Region, 2019-2031 (US$ Bn)
    • Introduction
      • Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, For Region, 2019 - 2031
    • North America
      • Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, For Region, 2019 - 2031
      • Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
      • Market Size and Forecast, By End-use Industry, 2019- 2031 (US$ Bn)
      • Countries
        • U.S.
        • Canada
    • Latin America
      • Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, For Region, 2019 - 2031
      • Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
      • Market Size and Forecast, By End-use Industry, 2019- 2031 (US$ Bn)
      • Countries
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Europe
      • Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, For Region, 2019 - 2031
      • Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
      • Market Size and Forecast, By End-use Industry, 2019- 2031 (US$ Bn)
      • Countries
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, For Region, 2019 - 2031
      • Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
      • Market Size and Forecast, By End-use Industry, 2019- 2031 (US$ Bn)
      • Countries
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Middle East & Africa
      • Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, For Country, 2019 - 2031
      • Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
      • Market Size and Forecast, By End-use Industry, 2019- 2031 (US$ Bn)
      • Sub-regions/Countries
        • GCC Countries
        • Israel
        • Rest of Middle East & Africa
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • BASF SE
        • Company Overview
        • Application Portfolio
        • Recent Developments/Updates
      •  Evonik Industries AG
        • Company Overview
        • Application Portfolio
        • Recent Developments/Updates
      • Arkema Group
        • Company Overview
        • Application Portfolio
        • Recent Developments/Updates
      • The Dow Chemical Company
        • Company Overview
        • Application Portfolio
        • Recent Developments/Updates
      • Akzo Nobel N.V.
        • Company Overview
        • Application Portfolio
        • Recent Developments/Updates
      • Sumitomo Chemical Company Limited
        • Company Overview
        • Application Portfolio
        • Recent Developments/Updates
      • Chi Mei Corporation
        • Company Overview
        • Application Portfolio
        • Recent Developments/Updates
      • Huntsman Corporation
        • Company Overview
        • Application Portfolio
        • Recent Developments/Updates
      • Kolon Industries
        • Company Overview
        • Application Portfolio
        • Recent Developments/Updates
      • Karl Jungbecker GmbH & Co. KG
        • Company Overview
        • Application Portfolio
        • Recent Developments/Updates
      • Dhalop Chemicals
        • Company Overview
        • Application Portfolio
        • Recent Developments/Updates
      • Saudi Methacrylate Company
        • Company Overview
        • Application Portfolio
        • Recent Developments/Updates
      • Vizag Chemicals
        • Company Overview
        • Application Portfolio
        • Recent Developments/Updates
      • Ottokemi
        • Company Overview
        • Application Portfolio
        • Recent Developments/Updates
      • TrinSeo
        • Company Overview
        • Application Portfolio
        • Recent Developments/Updates
  9. Analyst Recommendation
    • Wheel of Fortune
    • Analyst View
    • Coherent Opportunity Map
  10. Section
    • References
    • Research Methodology
    • About Us and Sales Contact

* Browse 50 market data tables* and 40 figures* on “Global Methyl Methacrylate Market” - forecast to 2031.

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