[PDF] Methyl Methacrylate (MMA) Market by type, technology, and application: 2030

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Published February 28, 2023

COVID-19 Impact, Despite Inflation and Fearing Recession, Businesses across the Globe Expected to Do Better in 2023

Methyl Methacrylate (MMA) is a colorless liquid organic compound that is widely used in various industries such as automotive, construction, electronics, and healthcare. It is primarily used in the production of poly methyl methacrylate (PMMA) resin, which is commonly known as acrylic. PMMA is a transparent thermoplastic that is used in a wide range of applications such as automotive parts, building materials, signs, displays, and medical devices.

In the construction industry, PMMA resin is used in applications such as roofing, skylights, windows, and building facades, among others. The increasing demand for energy-efficient buildings and the need for sustainable construction materials are driving the demand for PMMA resin in the construction industry.

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  • FORMAT:PDF
  • NO OF PAGES:170
  • BASE YEAR: October 2022

Major Companies included

  • BASF SE
  • Permabond
  • Parson Adhesive
  • 3M
  • Henkel
  • Cyberbond
  • Huntsman Corporation
  • The Dow Chemical Company
  • Kolon Industries
  • Akzo Nobel N.V.
  • Evonik Industries AG
  • Sumitomo Chemical Company Limited
  • Saudi Methacrylate Company (SAMAC)
  • Lucite International
  • Kuraray Group
  • Mitsubishi Chemical Corporation
  • Asahi Kasei Corporation

Questions Asked:

  • Which region is the largest consumer of Methyl Methacrylate (MMA) Market?

Ans. Asia Pacific is the largest consumer of MMA, owing to the growth in end-use industries such as automotive, construction, and electronics in countries such as China, India, and Japan. North America and Europe are also significant markets for MMA, owing to the presence of major automotive and electronics industries.

  • What are the growth prospects of the Methyl Methacrylate (MMA) Market?

Ans. The global MMA market is expected to experience steady growth over the next few years, driven by the increasing demand for PMMA resin in various applications such as automotive, construction, electronics, and healthcare. The market is also expected to benefit from the increasing focus on environmental sustainability and the need for lightweight and energy-efficient materials.

Segmentation

  • By Type – Isobutylene method, Acetone Cyanohydrin Method (ACH), Ethylene Method, and others
  • By Application – Automotive, Constructions, Healthcare, Electronics, and others.

Regional Analysis:

The Asia Pacific region is the largest consumer of MMA, followed by North America and Europe. The growth in end-use industries such as automotive, construction, electronics, and healthcare is driving the demand for PMMA resin in these regions.

  • North America – U.S., Canada
  • Europe – UK, Germany, Spain, France, Italy, Russia, Rest of Europe
  • Asia Pacific – Japan, India, China, South Korea, Australia, Rest of Asia-Pacific
  • Latin America – Brazil, Mexico, Argentina, Rest of Latin America
  • Middle East & Africa – South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Research methodology

  • The research methodology used in the analysis of the global market for methyl methacrylate (MMA) involves primary and secondary research. The primary research involves collecting data from key industry experts, stakeholders, and players in the market. The primary research includes interviews, surveys, and discussions with key industry players to understand the current market trends, market size, growth prospects, and challenges faced by the industry.
  • The research methodology also involves the use of analytical tools such as Porter’s Five Forces analysis, SWOT analysis, and PESTEL analysis to provide a comprehensive analysis of the market. The analytical tools help in analyzing the competitive landscape, market attractiveness, and market dynamics of the global MMA market.

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Industrial Analysis

The market for methyl methacrylate (MMA) is highly competitive and fragmented, with several key players operating in the market. The industry players are constantly striving to develop new and innovative products to meet the changing demands of the end-use industries.

Market Opportunities

Market offers several opportunities for growth and expansion, driven by the increasing demand from end-use industries and the focus on developing new and innovative products to meet the changing market demands.

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