Methyl Methacrylate (MMA) Market - Global Industry Insights, Trends, Outlook and Opportunity Analysis 2017-25
Report Description
Methyl methacrylate (MMA) is an organic compound and a colorless monomer compound. MMA is used in the production of polymethyl methacrylate (PMMA) and surface coatings. PMMA is a transparent thermoplastic used as a shatter-resistant option to glass. PMMA is used in the form of sheets to produce mobile phone screens, LCD screens, and monitors, owing to its excellent tensile strength, flexural strength, transparency, polishing, UV tolerance, and scratch resistance properties. Therefore, increasing demand for PMMA is expected to boost growth of the methyl methacrylate market over the forecast period.
MMA is used in the production of diverse range of consumer products such as TV and electronic screens, automotive plastics, dental and orthodontic products, signage, windows, household acrylic paints, coatings, and adhesives. Therefore, increasing electronics production is expected to boost growth of the market. For instance, according to India Brand Equity Foundation (IBEF), India electronics industry is expected to increase with a CAGR of 24.4% to US$ 400 billion from US$ 69.6 billion in 2012.
Market Dynamics
Among end-use industry, the building & construction segment is expected to witness significant market share in the global methyl methacrylate market. In 2018, the segment accounted for 30% share in the global methyl methacrylate market in terms of revenue. Methyl methacrylate is used in building and construction activities as a binder for concrete admixtures, industrial flooring, liquid water proofing compounds, reactive road marking systems, and concrete repair compounds.
Among regions, Asia Pacific held dominant position in the global methyl methacrylate market, in terms of revenue share, in 2018. This is owing to increasing production of automobiles and high use of MMA in making building & construction interior and exterior parts of vehicles. South America is expected to record fastest growth in the market over the forecast period. This is owing to increasing demand for automotive and growth of the housing sector in Argentina and Brazil. According to the U.S. International Trade Administration, Brazil has the largest automotive market coupled with largest producer of automobile in South America with the sales of more than 2 million units in 2018.
Key features of the study:
- This report provides in-depth analysis of methyl methacrylate market and provides market size (US$ Million & KT) and Cumulative Annual Growth Rate (CAGR%) for the forecast period (2019 – 2027), considering 2018 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by key players
- It profiles key players in the global methyl methacrylate market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include, DowDuPont Inc., BASF SE, Evonik Industries AG, Arkema Group, The Dow Chemical Company, Akzo Nobel N.V., Sumitomo Chemical Company Limited, Chi Mei Corporation, and Asahi Kasei Corporation
- Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future products launches, technology up-gradation, market expansion, and marketing tactics
- The global methyl methacrylate market report caters to various stakeholders in this industry including investors, suppliers, methyl methacrylate manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the methyl methacrylate market
Detailed Segmentation:
- Global Methyl Methacrylate Market, By Application:
- Polymethyl Methacrylate (PMMA)
- Surface Coatings
- Others
- Global Methyl Methacrylate Market, By End-use Industry:
- Building & Construction
- Automotive
- Electronics
- Aerospace
- Paints & Coatings
- Medical
- Others
- Global Methyl Methacrylate Market, By Geography:
- North America
- U.S.
- By Application:
- Polymethyl Methacrylate (PMMA)
- Surface Coatings
- Others
- By End-use Industry:
- Building & Construction
- Automotive
- Electronics
- Aerospace
- Paints & Coatings
- Medical
- Others
- Canada
- By Application:
- Polymethyl Methacrylate (PMMA)
- Surface Coatings
- Others
- By End-use Industry:
- Building & Construction
- Automotive
- Electronics
- Aerospace
- Paints & Coatings
- Medical
- Others
- Mexico
- By Application:
- Polymethyl Methacrylate (PMMA)
- Surface Coatings
- Others
- By End-use Industry:
- Building & Construction
- Automotive
- Electronics
- Aerospace
- Paints & Coatings
- Medical
- Others
- South America
- Brazil
- By Application:
- Polymethyl Methacrylate (PMMA)
- Surface Coatings
- Others
- By End-use Industry:
- Building & Construction
- Automotive
- Electronics
- Aerospace
- Paints & Coatings
- Medical
- Others
- Argentina
- By Application:
- Polymethyl Methacrylate (PMMA)
- Surface Coatings
- Others
- By End-use Industry:
- Building & Construction
- Automotive
- Electronics
- Aerospace
- Paints & Coatings
- Medical
- Others
- Rest of South America
- By Application:
- Polymethyl Methacrylate (PMMA)
- Surface Coatings
- Others
- By End-use Industry:
- Building & Construction
- Automotive
- Electronics
- Aerospace
- Paints & Coatings
- Medical
- Others
- Europe
- Germany
- By Application:
- Polymethyl Methacrylate (PMMA)
- Surface Coatings
- Others
- By End-use Industry:
- Building & Construction
- Automotive
- Electronics
- Aerospace
- Paints & Coatings
- Medical
- Others
- Italy
- By Application:
- Polymethyl Methacrylate (PMMA)
- Surface Coatings
- Others
- By End-use Industry:
- Building & Construction
- Automotive
- Electronics
- Aerospace
- Paints & Coatings
- Medical
- Others
- France
- By Application:
- Polymethyl Methacrylate (PMMA)
- Surface Coatings
- Others
- By End-use Industry:
- Building & Construction
- Automotive
- Electronics
- Aerospace
- Paints & Coatings
- Medical
- Others
- Rest of Europe
- By Application:
- Polymethyl Methacrylate (PMMA)
- Surface Coatings
- Others
- By End-use Industry:
- Building & Construction
- Automotive
- Electronics
- Aerospace
- Paints & Coatings
- Medical
- Others
- Asia Pacific
- China
- By Application:
- Polymethyl Methacrylate (PMMA)
- Surface Coatings
- Others
- By End-use Industry:
- Building & Construction
- Automotive
- Electronics
- Aerospace
- Paints & Coatings
- Medical
- Others
- India
- By Application:
- Polymethyl Methacrylate (PMMA)
- Surface Coatings
- Others
- By End-use Industry:
- Building & Construction
- Automotive
- Electronics
- Aerospace
- Paints & Coatings
- Medical
- Others
- Japan
- By Application:
- Polymethyl Methacrylate (PMMA)
- Surface Coatings
- Others
- By End-use Industry:
- Building & Construction
- Automotive
- Electronics
- Aerospace
- Paints & Coatings
- Medical
- Others
- South Korea
- By Application:
- Polymethyl Methacrylate (PMMA)
- Surface Coatings
- Others
- By End-use Industry:
- Building & Construction
- Automotive
- Electronics
- Aerospace
- Paints & Coatings
- Medical
- Others
- Rest of Asia Pacific
- By Application:
- Polymethyl Methacrylate (PMMA)
- Surface Coatings
- Others
- By End-use Industry:
- Building & Construction
- Automotive
- Electronics
- Aerospace
- Paints & Coatings
- Medical
- Others
- Middle East & Africa
- Middle East
- By Application:
- Polymethyl Methacrylate (PMMA)
- Surface Coatings
- Others
- By End-use Industry:
- Building & Construction
- Automotive
- Electronics
- Aerospace
- Paints & Coatings
- Medical
- Others
- Africa
- By Application:
- Polymethyl Methacrylate (PMMA)
- Surface Coatings
- Others
- By End-use Industry:
- Building & Construction
- Automotive
- Electronics
- Aerospace
- Paints & Coatings
- Medical
- Others
- Company Profiles
- DowDuPont Inc.*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- BASF SE
- Evonik Industries AG
- Arkema Group
- The Dow Chemical Company
- Akzo Nobel N.V.
- Sumitomo Chemical Company Limited
- Chi Mei Corporation
- Asahi Kasei Corporation
“*” marked represents similar segmentation in other categories in the respective section.
- 1. Research Objective and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Application
- Market Snippet, By End-Use Industry
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Supply Side Drivers
- Demand Side Drivers
- Economic Drivers
- Restraints
- Market Opportunities
- PEST Analysis
- PORTER Analysis
- Industry Trend
- Mergers and Acquisitions
- Cost Tier Down Analysis
- 4. Global Methyl Methacrylate (MMA) Market, By Application, 2017- 2027 (US$ Million & KT)
- Introduction
- Market Share Analysis, 2018 and 2027 (%)
- Y-o-Y Growth Analysis, 2019 - 2027
- Segment Trends
- Polymethyl methacrylate (PMMA)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million & KT)
- Acrylic Sheet
- Fabricated Products
- Surface Coatings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million & KT)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million & KT)
- 5. Global Methyl Methacrylate (MMA) Market, By End-Use Industry, 2017- 2027 (US$ Million & KT)
- Introduction
- Market Share Analysis, 2018 and 2027 (%)
- Y-o-Y Growth Analysis, 2019 - 2027
- Segment Trends
- Building & Construction
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million & KT)
- Automotive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million & KT)
- Electronics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million & KT)
- Aerospace
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million & KT)
- Paints & Coatings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million & KT)
- Medical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million & KT)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million & KT)
- 6. Global Methyl Methacrylate (MMA) Market, By Region, 2017- 2027 (US$ Million & KT)
- Introduction
- Market Share Analysis, By Region, 2018 and 2027 (%)
- Y-o-Y Growth Analysis, For Regions, 2019 - 2027
- North America
- Market Share Analysis, By Country, 2018 and 2027 (%)
- Y-o-Y Growth Analysis, By Country, 2019 - 2027
- U.S.
- Country Trends
- Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
- Market Size and Forecast, By End-Use Industry, 2017- 2027 (US$ Million & KT)
- Canada
- Country Trends
- Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
- Market Size and Forecast, By End-Use Industry, 2017- 2027 (US$ Million & KT)
- Mexico
- Country Trends
- Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
- Market Size and Forecast, By End-Use Industry, 2017- 2027 (US$ Million & KT)
- South America
- Market Share Analysis, By Country, 2018 and 2027 (%)
- Y-o-Y Growth Analysis, By Country, 2019 - 2027
- Brazil
- Country Trends
- Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
- Market Size and Forecast, By End-Use Industry, 2017- 2027 (US$ Million & KT)
- Argentina
- Country Trends
- Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
- Market Size and Forecast, By End-Use Industry, 2017- 2027 (US$ Million & KT)
- Rest of South America
- Country Trends
- Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
- Market Size and Forecast, By End-Use Industry, 2017- 2027 (US$ Million & KT)
- Europe
- Market Share Analysis, By Country, 2018 and 2027 (%)
- Y-o-Y Growth Analysis, By Country, 2019 - 2027
- Germany
- Country Trends
- Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
- Market Size and Forecast, By End-Use Industry, 2017- 2027 (US$ Million & KT)
- Italy
- Country Trends
- Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
- Market Size and Forecast, By End-Use Industry, 2017- 2027 (US$ Million & KT)
- France
- Country Trends
- Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
- Market Size and Forecast, By End-Use Industry, 2017- 2027 (US$ Million & KT)
- Rest of Europe
- Country Trends
- Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
- Market Size and Forecast, By End-Use Industry, 2017- 2027 (US$ Million & KT)
- Asia Pacific
- Market Share Analysis, By Country, 2018 and 2027 (%)
- Y-o-Y Growth Analysis, By Country, 2019 - 2027
- China
- Country Trends
- Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
- Market Size and Forecast, By End-Use Industry, 2017- 2027 (US$ Million & KT)
- India
- Country Trends
- Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
- Market Size and Forecast, By End-Use Industry, 2017- 2027 (US$ Million & KT)
- Japan
- Country Trends
- Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
- Market Size and Forecast, By End-Use Industry, 2017- 2027 (US$ Million & KT)
- South Korea
- Country Trends
- Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
- Market Size and Forecast, By End-Use Industry, 2017- 2027 (US$ Million & KT)
- Rest of Asia Pacific
- Country Trends
- Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
- Market Size and Forecast, By End-Use Industry, 2017- 2027 (US$ Million & KT)
- Middle East & Africa
- Market Share Analysis, By Country, 2018 and 2027 (%)
- Y-o-Y Growth Analysis, By Country, 2019 - 2027
- Middle East
- Regional Trends
- Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
- Market Size and Forecast, By End-Use Industry, 2017- 2027 (US$ Million & KT)
- Africa
- Regional Trends
- Market Size and Forecast, By Application, 2017- 2027 (US$ Million & KT)
- Market Size and Forecast, By End-Use Industry, 2017- 2027 (US$ Million & KT)
- 7. Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- DowDuPont Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- BASF SE
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Evonik Industries AG
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Arkema Group
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- The Dow Chemical Company
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Akzo Nobel N.V.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Sumitomo Chemical Company Limited
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Chi Mei Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- Asahi Kasei Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Future Plans
- 8. Section
- References
- Research Methodology
- About us and Sales Contact
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