Press release
Methyl Methacrylate Adhesives Market Future On Recent Innovation 2026 Key Players | Sika AG, SCIGRIP, Scott Bader Company Ltd., LORD Corporation, DowDuPont, Novachem Corporation ltd
Methyl Methacrylate Adhesives Market
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Market Analysis: Global Methyl Methacrylate Adhesives Market
Global Methyl Methacrylate Adhesives Market is expected to rise from its initial estimated value of USD 1.13 billion in 2018 to an estimated value of USD 2.01 billion by 2026, registering a CAGR of 7.47% in the forecast period of 2019-2026. This rise in market value can be attributed to the high levels of demand from the various end users due to the growing levels of urbanization.
Key Market Competitors: Global Methyl Methacrylate Adhesives Market
Few of the major competitors currently working in the methyl methacrylate adhesives Market are Illinois Tool Works Inc., Henkel AG & Co. KGaA, H.B. Fuller Company, 3M, Arkema, Huntsman International LLC, Sika AG, SCIGRIP, Scott Bader Company Ltd., LORD Corporation, DowDuPont, Novachem Corporation ltd, ND Industries Inc., Hernon Manufacturing INC, Parson Adhesives Inc., Chemique Adhesives & Sealants Ltd, Permabond LLC and Engineered Bonding Solutions LLC.
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Market Definition: Global Methyl Methacrylate Adhesives Market
Methyl methacrylate adhesive is a variant of structural adhesive that is produced from methyl methacrylate chemical compound. These structural adhesives are used to hold or build together joints in any structure. These adhesives also include a hardener and are mixed with a resin. These adhesives are used to improve the integrity of the structure and are resistant to heavy impact or peeling.
Segmentation: Global Methyl Methacrylate Adhesives Market
Methyl Methacrylate Adhesives Market : By Substrate
Metal
Plastic
Composite
Others
Methyl Methacrylate Adhesives Market : By End-Use Industry
Automotive & Transportation
Building & Construction
Marine
Wind Energy
General Assembly
Others
Methyl Methacrylate Adhesives Market : By Geography
North America
South America
Europe
Asia-Pacific
Middle East and Africa
Key Developments in the Market:
In October 2017, H.B. Fuller Company announced they had completed the acquisition of Royal Adhesives & Sealants.
In February 2015, Arkema announced that they had completed the acquisition of Bostik and with this acquisition Arkema enhances its product expertise and is expected to become a global leader of chemicals and additives.
Methyl Methacrylate Adhesives Market Drivers:
Increased levels of demand from the various end-users due to the added benefits related to the usage is expected to act as a driver for the market growth
High levels of demand for lightweight and environmental-friendly vehicles is also expected to act as a driver for the market growth
Methyl Methacrylate Adhesives Market Restraints:
Fluctuations and vulnerable nature of raw material prices is expected to act as a restraint to the market growth
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