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Methyl Methacrylate Market Growth Accelerates: 7.9% CAGR Targets $39.81 Billion by 2034

11-11-2024 06:41 AM CET | Chemicals & Materials

Press release from: Polaris Market Research & Consulting

Methyl Methacrylate Market Growth Accelerates: 7.9% CAGR

๐Œ๐ž๐ญ๐ก๐ฒ๐ฅ ๐Œ๐ž๐ญ๐ก๐š๐œ๐ซ๐ฒ๐ฅ๐š๐ญ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ

Methyl Methacrylate-Market Insights, Size Revenue, Outlook, Overview, and Analysis. The methyl methacrylate market was estimated to be worth USD 18.62 billion in 2024 and is predicted to expand to USD 39.81 billion by 2034, with a CAGR of 7.9% from 2025 to 2034.

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐œ๐จ๐ฉ๐ž:

This comprehensive study provides an accurate overview of the worldwide methyl methacrylate market. Comprehensive analyses of sales volume, price, revenue, market share, and important companies are included. The market is further divided into segments by application, end use, and region in the study, which offers a comprehensive picture of the state of the market.

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/methyl-methacrylate-market/request-for-sample

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ž๐Ÿ๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:

Methyl methacrylate is a monomer referred to as methacrylic acid or methyl ester. The main uses of methyl methacrylate consist of illuminated light displays, vinyl impact modifiers, adhesives, exterior paints, safety glazing, and more. Methyl methacrylate is utilized in multiple end-use sectors, including electronics, construction, automotive, paints & coatings, aerospace, healthcare, and more.

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐“๐ซ๐ž๐ง๐๐ฌ:

โ— MMA plays an essential role in manufacturing acrylic sheets, panels, and glazing products, frequently utilized in structures, windows, signage, and facades. Consequently, as urban areas grow, the need for these materials rises.
โ— Methyl methacrylate (MMA) adhesives are being utilized more frequently in the automotive sector because of their durability and versatile finishing characteristics, which makes them perfect for sleek and lightweight designs.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž:
https://www.polarismarketresearch.com/industry-analysis/methyl-methacrylate-market/inquire-before-buying

๐“๐จ๐ฉ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ:

Because there are so many companies in the market, it is expected to be both competitive and fragmented. Here are the top companies in the methyl methacrylate market:

โ€ข Arkema
โ€ข Asahi Kasei Corporation
โ€ข Dhalop Chemicals
โ€ข Evonik
โ€ข Huntsman International LLC
โ€ข Kuraray Co., Ltd.
โ€ข Lotte Chemical Corporation
โ€ข Mitsubishi Chemical Group Corporation
โ€ข Saudi Methacrylates Company (SABIC)
โ€ข Sumitomo Chemical Co Ltd.
โ€ข Dow

๐Œ๐ž๐ญ๐ก๐ฒ๐ฅ ๐Œ๐ž๐ญ๐ก๐š๐œ๐ซ๐ฒ๐ฅ๐š๐ญ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข By end use, in 2024, the building & construction segment dominated the global methyl methacrylate market due to the increasing use of MMA in the construction of commercial & residential buildings and its suitability for acrylic concrete applications, particularly high molecular weight methacrylate (HMWM).
โ€ข The chemical intermediates segment, by application, is projected to record the highest CAGR during the forecast period due to its crucial role in producing various adhesives and coatings.
โ€ข In 2024, North America dominated the global methyl methacrylate (MMA) market due to the high PMMA usage in the construction and automotive sectors..

๐‚๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐–๐ข๐ฌ๐ž ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

According to regional analysis, in 2024, North America led the global market because of the significant use of polymethyl methacrylate (PMMA) in the construction and automotive sectors. The market in the region is consolidated, with the EPA and FDA providing regulatory backing that acknowledges MMA's non-carcinogenic characteristics, thus promoting its use in multiple applications.

Also, during the projection period, Asia Pacific is evaluated to be the fastest-growing region due to the rapid industrial growth, significant urban expansion, and growing automotive and construction industries. The increasing need for lightweight materials in car manufacturing and infrastructure growth is enhancing the use of MMA for applications like automotive glazing, coatings, and adhesives.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐“๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž:
https://www.polarismarketresearch.com/industry-analysis/methyl-methacrylate-market

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:

Polaris Market Research has segmented the methyl methacrylate market report on the basis of application, end use, and region.

By Application Outlook (Revenue, USD Billion, 2020-2034)

โ€ข Chemical Intermediate
โ€ข Surface Coatings
โ€ข Emulsion Polymer

By End Use Outlook (Revenue, USD Billion, 2020-2034)

โ€ข Buildings & Construction
โ€ข Automotive
โ€ข Electronics
โ€ข Paints & Coatings
โ€ข Others

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Medical Flexible Packaging Market: https://www.polarismarketresearch.com/industry-analysis/medical-flexible-packaging-market

Blowing Agent Market:
https://www.polarismarketresearch.com/industry-analysis/blowing-agent-market

Engineered Wood Adhesives Market:
https://www.polarismarketresearch.com/industry-analysis/engineered-wood-adhesives-market

Adhesion Promoter Market:
https://www.polarismarketresearch.com/industry-analysis/adhesion-promoter-market

Commodity Plastics Market:
https://www.polarismarketresearch.com/industry-analysis/commodity-plastics-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
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๐€๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก & ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐ˆ๐ง๐œ:

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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