Methyl Methacrylate Market Size to Reach $39.81 Billion by 2034, Driven by 7.9% CAGR
Attributes such as lucidity, longevity, and aversion to UV light and weathering a prominent factor driving the methyl methacrylate market.
The methyl methacrylate market is augmenting. The market is approximated to reach USD 39.81 billion by 2034. It was valued at USD 18.62 billion in 2024. It exhibited a CAGR of 7.9% from 2025 to 2034.
๐๐ก๐๐ญ ๐ข๐ฌ ๐๐๐ญ๐ก๐ฒ๐ฅ ๐๐๐ญ๐ก๐๐๐ซ๐ฒ๐ฅ๐๐ญ๐?
Methyl methacrylate is rudimentary for several acrylate polymers and is an important comonomer in paints, coatings, and adhesive resin expressions. A comonomer comprises one monomer that is appended to another monomer to become a copolymer. In liberated, thorough, commenced copolymers, the MMA chemical framework upraises the Tg and supplies longevity, robustness, transparency, and UV and abrasion proof.
Polymerization includes securing compact monomers so that they become a polymer. In context to polymerization, the gamut of acrylic copolymers that can be utilized with MMA is sizeable. The construction sector is acquiring MMA-dependent substances for their longevity, and weather aversion, especially in applications such as coatings and adhesives, is impacting the methyl methacrylate market growth favorably.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/methyl-methacrylate-market/request-for-sample?utm_source=EIN&utm_medium=EIN&utm_campaign=EIN&utm_id=01
๐๐ก๐จ ๐๐๐ค๐๐ฌ ๐๐๐ญ๐ก๐ฒ๐ฅ ๐๐๐ญ๐ก๐๐๐ซ๐ฒ๐ฅ๐๐ญ๐?
Arkema, Asahi Kasei Corporation, Dhalop Chemicals, Evonik, Huntsman International LLC, Kuraray Co., Ltd., Lotte Chemical Corporation, and Mitsubishi Chemical Group Corporation are some of the leading players in the methyl methacrylate market. The aggressive topography of the market is pronounced by a mixture of global leaders and regional contenders vying for market share through invention, tactical partnerships, and regional augmentation.
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐ฅ๐๐ญ๐๐ฌ๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
โข In January 2024, EVONIK instigated VISIOMER HEMA-P 100, a sedentary phosphate methacrylate monomer that provides enduring influences.
โข In October 2022, Rรถhm and OQ Chemicals partnered on the assemblage of a global-level methyl methacrylate (MMA) plant at OQ Chemicals' Bay City, Texas.
๐๐ก๐๐ญโ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐ ๐จ๐ซ๐ฐ๐๐ซ๐?
โข Growing Industrialization: The augmenting industrialization, particularly in regions such as North America, Asia Pacific, and others, is pushing the market growth. According to a report by Mitsubishi Chemical Group, it set up its MMA production resource in September 2023 in Japan, targeting to brace its global guidance in the market.
โข Growing Urbanization: Urbanization causes more construction projects involving domestic, commercial, and public frameworks. As per the data issued by the United Nations, 55% of the global population resides in urban regions and is anticipated to escalate to 68% by 2050. This, in turn, is having a favorable impact on methyl methacrylate market sales.
โข Growth in the Automotive Industry: Methyl methacrylate adhesives are growingly utilized in the automotive industry because of their robustness and comprehensiveness of rearranging profiles, rendering them perfect for weightless and smooth outlines.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/methyl-methacrylate-market/request-for-discount-pricing?utm_source=EIN&utm_medium=EIN&utm_campaign=EIN&utm_id=01
๐๐ก๐ข๐๐ก ๐๐๐ ๐ข๐จ๐ง ๐๐๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก?
โข North America: North America accounted for the largest methyl methacrylate market share. The region's robust growth is primarily due to elevated PMMA usage in the construction and automotive sectors.
โข Asia Pacific: Asia Pacific is anticipated to witness significant growth from 2025 to 2034. This can be attributed to speedy industrialization, elevated urbanization, and augmenting the automotive and construction sectors.
๐๐จ๐ฐ ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐จ๐ง๐?
By Application Outlook:
โข Chemical Intermediate
โข Surface Coatings
โข Emulsion Polymer
By End Use Outlook:
โข Buildings & Construction
โข Automotive
โข Electronics
โข Paints & Coatings
โข Others
By Regional Outlook:
โข North America
o US
o Canada
โข Europe
o Germany
o France
o UK
o Italy
o Spain
o Netherlands
o Russia
o Rest of Europe
โข Asia Pacific
o China
o Japan
o India
o Malaysia
o South Korea
o Indonesia
o Australia
o Vietnam
o Rest of Asia Pacific
โข Middle East & Africa
o Saudi Arabia
o UAE
o Israel
o South Africa
o Rest of the Middle East & Africa
โข Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐ฉ๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/methyl-methacrylate-market/inquire-before-buying?utm_source=EIN&utm_medium=EIN&utm_campaign=EIN&utm_id=01
๐ ๐๐๐ฌ:
How much is the methyl methacrylate market?
The market size was valued at USD 18.62 billion in 2024 and is projected to grow to USD 39.81 billion by 2034.
What is the growth rate of the methyl methacrylate market?
The global market is projected to register a CAGR of 7.9% during the forecast period.
Which region held the largest market share?
North America dominated the market in 2024.
Which segment by end use led the market?
The building & construction segment dominated the market in 2024.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐๐'๐ฌ ๐๐๐ญ๐ก๐ฒ๐ฅ ๐๐๐ญ๐ก๐๐๐ซ๐ฒ๐ฅ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ ๐๐ซ๐จ๐ฆ ๐๐ข๐๐๐๐ซ๐๐ง๐ญ ๐๐ฎ๐๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ:
The methyl methacrylate industry is expected to reach USD 39.81 billion by 2034, exhibiting a CAGR of 7.9% during 2025โ2034.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
Hot-Melt Adhesives Market:
https://www.polarismarketresearch.com/industry-analysis/hot-melt-adhesives-market
Specialty Oleochemicals Market:
https://www.polarismarketresearch.com/industry-analysis/specialty-oleochemicals-market
Polyolefins Market:
https://www.polarismarketresearch.com/industry-analysis/polyolefins-market
3D Printing Metals Market:
https://www.polarismarketresearch.com/industry-analysis/3d-printing-metal-market
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 PMRโs clientele spread across different enterprises. We at Polaris are obliged to serve PMRโs 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 PMRโs 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 PMRโs customers.
Likhil G
Polaris Market Research and Consulting
+1 929-297-9727
sales@polarismarketresearch.com
Visit us on social media:
Facebook
X
LinkedIn
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
