Methyl Methacrylate Monomer Trends and Forecast
The future of the global methyl methacrylate monomer market looks promising with opportunities in the polymethyl methacrylate, plastic additive, and surface coating markets. The global methyl methacrylate monomer market is expected to reach an estimated $11.9 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are broad range of applications for methacrylate compounds, increasing demand for acrylics, expanding applications of acrylic sheets, and rising demand for MMA in the automotive industry.Methyl Methacrylate Monomer by Segment
The study includes a forecast for the global methyl methacrylate monomer by product, application, and region.Methyl Methacrylate Monomer Market by Product [Shipment Analysis by Value from 2018 to 2030]:
- ACH Method
- Isobutylene Method
- Ethylene Method
Methyl Methacrylate Monomer Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Polymethyl Methacrylate
- Plastic Additive
- Surface Coating
- Others
Methyl Methacrylate Monomer Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Methyl Methacrylate Monomer Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies methyl methacrylate monomer companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the methyl methacrylate monomer companies profiled in this report include:- Mitsubishi Rayon
- Evonik
- Dow
- Sumitomo Chemical
- LG MMA
- Asahi Kasei
- Arkema
Methyl Methacrylate Monomer Market Insights
The publisher forecasts that ACH method is expected to witness the highest growth over the forecast period.APAC is expected to witness highest growth over the forecast period due to low cost of production and expansion of paints and coatings, automotive, electronics, building and construction industries in the region.
Features of the Global Methyl Methacrylate Monomer Market
- Market Size Estimates: Methyl methacrylate monomer market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Methyl methacrylate monomer market size by product, application, and region in terms of value ($B).
- Regional Analysis: Methyl methacrylate monomer market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different product, application, and regions for the methyl methacrylate monomer market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the methyl methacrylate monomer market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the methyl methacrylate monomer market size?Answer: The global methyl methacrylate monomer market is expected to reach an estimated $11.9 billion by 2030.
Q2. What is the growth forecast for methyl methacrylate monomer market?
Answer: The global methyl methacrylate monomer market is expected to grow with a CAGR of 4.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the methyl methacrylate monomer market?
Answer: The major drivers for this market are broad range of applications for methacrylate compounds, increasing demand for acrylics, expanding applications of acrylic sheets, and rising demand for MMA in the automotive industry.
Q4. What are the major segments for methyl methacrylate monomer market?
Answer: The future of the global methyl methacrylate monomer market looks promising with opportunities in the polymethyl methacrylate, plastic additive, and surface coating markets.
Q5. Who are the key methyl methacrylate monomer market companies?
Answer: Some of the key methyl methacrylate monomer companies are as follows:
- Mitsubishi Rayon
- Evonik
- Dow
- Sumitomo Chemical
- LG MMA
- Asahi Kasei
- Arkema
Answer: The publisher forecasts that ACH method is expected to witness the highest growth over the forecast period.
Q7. In methyl methacrylate monomer market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to low cost of production and expansion of paints and coatings, automotive, electronics, building and construction industries in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the methyl methacrylate monomer market by product (ACH method, isobutylene method, and ethylene method), application (polymethyl methacrylate, plastic additive, surface coating, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Methyl Methacrylate Monomer Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Mitsubishi Rayon
- Evonik
- Dow
- Sumitomo Chemical
- LG MMA
- Asahi Kasei
- Arkema
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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