Press release
Top Factor Driving Methyl Methacrylate Adhesives Market Growth in 2025: The Role Of The Thriving Building And Construction Industry In Driving Growth In The Methyl Methacrylate Adhesives Market
"How Are the key drivers contributing to the expansion of the methyl methacrylate adhesives market?The methyl methacrylate adhesives market is predicted to grow due to the flourishing building and construction industry. This industry mainly focuses on the creation of residential, farm, industrial, and commercial buildings, among others. Methyl methacrylate adhesives are utilized in the assembly of trucks and construction machinery, including side and roof panels, door panels, and aerodynamic components. The construction sector significantly uses these adhesives. For instance, the United States Census Bureau stated that in February 2023, there were 1,524,000 privately-owned housing units on a seasonally adjusted yearly basis, a 13.8% increase from January 2023. Therefore, the prosperous building and construction industry is triggering the expansion of the methyl methacrylate adhesives market.
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What growth opportunities are expected to drive the methyl methacrylate adhesives market's CAGR through 2034?
The market size for methyl methacrylate adhesives has seen a robust growth in the last few years. It is expected to increase from $1.67 billion in 2024 to $1.79 billion in 2025, with a compound annual growth rate (CAGR) of 7.6%. Factors such as expanded industrial usage, rise in automotive manufacturing, need for lightweight materials, repair and maintenance operations, and the ability to bond various substrates have contributed to the growth in the historical period.
In the next few years, the market size of methyl methacrylate adhesives is poised for significant growth, reaching ""$2.58 billion by 2029 with a compound annual growth rate (CAGR) of 9.5%. This escalation during the forecast period could be due to the emphasis on green adhesives, advancements in aerospace applications, swift prototyping and assembly, along with an escalation in infrastructure investments and the broadening of renewable energy projects. Some of the credible market trends to watch out for in the forecast period are digitization and intelligent manufacturing, bespoke solutions, strategic partnerships and acquisitions, improvements in formula and technology, and wind energy installations.
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What are the emerging trends shaping the future of the methyl methacrylate adhesives market?
In the Methyl Methacrylate (MMA) adhesives market, the development of novel products is seen as a key trend. To stay competitive, firms in this sector, such as the American chemical manufacturing company, ITW Performance Polymers, are introducing diverse and innovative products like utility knives. In fact, in March 2022, the company unveiled Plexus MA8105, a forward-thinking MMA adhesive that boasts versatility and rapid bonding time, suitable for metals, plastics, and composites. Frequently referred to as the utility knife of MMA adhesives, the Plexus MA8105 is recognized for its simplicity and quick working period, offering initial bonding strength within just 12 to 15 minutes. It is particularly advantageous due to the minimal surface preparation needed, making it ideal for fast, efficient applications. It also has a considerably lower odor, enhancing usability during application. The product withstands various environmental conditions well, thereby ensuring superior adhesion even in drastic temperatures. Impressively, its shear strength at high temperatures (up to 180°F or 82°C) almost doubles compared to that of some of its competitors. Plexus MA8105, with its broad range of material compatibility, quick curing, and robust bonding, provides a reliable and high-performance bonding solution for industry professionals.
Which growth-oriented segments of the methyl methacrylate adhesives market are leading the industry's development?
The methyl methacrylate adhesives market covered in this report is segmented -
1) By Type: Water Base, Solvent Base, Other Types
2) By Substrate: Metal, Plastics, Composites, Other Substrates
3) By Application: Automotive And Transportation, Building And Construction, Marine, Wind Energy, General Assembly, Other Applications
Subsegments:
1) By Water Base: Water-Based Acrylic Adhesives, Water-Based Emulsion Adhesives
2) By Solvent Base: Solvent-Based Acrylic Adhesives, Solvent-Based MMA Adhesives
3) By Other Types: 1-Part MMA Adhesives, 2-Part MMA Adhesives
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What regions are leading the charge in the methyl methacrylate adhesives market?
Asia-pacific was the largest region in the methyl methacrylate adhesives market in 2024. North America is expected to be the fastest-growing region in the global methyl methacrylate adhesives market during the forecast period. The regions covered in the methyl methacrylate adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What companies are at the forefront of innovation in the methyl methacrylate adhesives market?
Major companies operating in the methyl methacrylate adhesives market include 3M Company, H.B. Fuller Company, Huntsman Corporation, Sika AG, Henkel AG & Company KGaA, Arkema SA, Scott Bader Company Ltd., Permabond LLC, Parson Adhesives Inc., Lord Corporation, SCIGRIP Smarter Adhesive Solutions, ITW Polymer Adhesives, Kisling AG, Chemique Adhesives Inc., Master Bond Inc., AEC Polymers, Cyberbond LLC, Matrix Composite Materials Company Ltd., Ulbrich Group, L&L Products, Panacol-Elosol GmbH, Adhere Industrial Tapes Ltd., Adhesives Research Inc., Dymax Corporation, Hernon Manufacturing Inc., Pidilite Industries, Royal Adhesives & Sealants, Toagosei Co. Ltd., Wisdom Adhesives Worldwide
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What Is Covered In The Methyl Methacrylate Adhesives Global Market Report?
• Market Size Forecast: Examine the methyl methacrylate adhesives market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the methyl methacrylate adhesives market for a structured understanding.
• Key Players Overview: Analyze major players in the methyl methacrylate adhesives market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the methyl methacrylate adhesives market.
• Segment Contributions: Evaluate how different segments drive overall growth in the methyl methacrylate adhesives market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the methyl methacrylate adhesives market.
• Industry Challenges: Identify potential risks and obstacles affecting the methyl methacrylate adhesives market.
• Competitive Landscape: Review strategic developments in the methyl methacrylate adhesives market, including expansions, agreements, and new product launches.
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