Press release
Methyl Methacrylate Market Growth Accelerates: 7.9% CAGR Targets $39.81 Billion by 2034
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.
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐จ๐ฉ๐:
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.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/methyl-methacrylate-market/request-for-sample
๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
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.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ซ๐๐ง๐๐ฌ:
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.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/methyl-methacrylate-market/inquire-before-buying
๐๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ:
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:
โข Arkema
โข Asahi Kasei Corporation
โข Dhalop Chemicals
โข Evonik
โข Huntsman International LLC
โข Kuraray Co., Ltd.
โข Lotte Chemical Corporation
โข Mitsubishi Chemical Group Corporation
โข Saudi Methacrylates Company (SABIC)
โข Sumitomo Chemical Co Ltd.
โข Dow
๐๐๐ญ๐ก๐ฒ๐ฅ ๐๐๐ญ๐ก๐๐๐ซ๐ฒ๐ฅ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โข 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).
โข 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.
โข In 2024, North America dominated the global methyl methacrylate (MMA) market due to the high PMMA usage in the construction and automotive sectors..
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ข๐ฌ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
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.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐:
https://www.polarismarketresearch.com/industry-analysis/methyl-methacrylate-market
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
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)
โข Chemical Intermediate
โข Surface Coatings
โข Emulsion Polymer
By End Use Outlook (Revenue, USD Billion, 2020-2034)
โข Buildings & Construction
โข Automotive
โข Electronics
โข Paints & Coatings
โข Others
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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
๐๐จ๐ง๐ญ๐๐๐ญ:
Likhil G
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๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
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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