The recent study, Methyl Methacrylate Market forecasts the business performance of the Methyl Methacrylate market for the forecast period, 2021 to 2027. The study considers the estimated period as the base duration and brings to light the important information associated with the market size, share and growth rate of the Methyl Methacrylate market.
The Global Methyl Methacrylate Market is forecast to reach USD 13.34 Billion by 2028, according to a new report by Reports and Data. The Methyl Methacrylate is a clear, colorless, highly flammable, slightly water-soluble industrial and commercial chemical and a methyl ester of methacrylic acid. Methacrylic acid methyl ester is another trade name of this chemical compound. Methyl methacrylate are mostly used in the manufacturing of highly used Polymethyl Methacrylate (PMMA) surface coating & impact modifier for clear rigid polyvinyl chloride and are also widely utilized as an intermediate solvent chemical in the formulation of various chemical processing. The continuous expansion of the PMMA clear sheets, paint & coatings, adhesives, food packaging, mobile and computer casing and paper coating applications are expected to drive the demand throughout the forecast period. Direct & Intermediate solvent, chemical reagent, adherent, and other processing aids are some of its widely used end-usages.
Asia Pacific region is forecasted to grow fastest with the highest growth rate of 6.1% in the period 2019 – 2028, owing to high market penetration in polymethyl methacrylate acrylic plastics and continuous expansion of the transparent acrylonitrile-butadiene-styrene (ABS) uses coupled with the extensive demand for the this chemical compound as a solvent and intermediate agent in various industry verticals, especially in the regions like India and China.
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Top companies profiled in the report include:
- Mitsubishi Chemical Holdings,
- BASF SE,
- Dow Chemical Company,
- Evonik Industries AG,
- Arkema S.A,
- LG Chem Ltd.,
- Nippon Shokubai Co., Ltd.,
- Shanghai Huayi (Group) Company,
- Kowa India Pvt. Ltd.,
- and S.K. Panchal & Co.,
- among others.
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Regional Analysis covers:
- North America
- Rest of EU
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
Global Methyl Methacrylate Market Segmentation:
- Chemical Intermediate
- Polymethyl Methacrylate
- Adhesive & Sealants
- Paints & Coatings
- PVC Impact Modifiers
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How will this Market Intelligence Report Benefit You?
- The report offers statistical data in terms of value (US$) as well as Volume (units) till 2028.
- Exclusive insight into the key trends affecting the Methyl Methacrylate industry, although key threats, opportunities and disruptive technologies that could shape the Global Methyl Methacrylate Market supply and demand.
- The report tracks the leading market players that will shape and impact the Global Methyl Methacrylate Market most.
- The data analysis present in the Methyl Methacrylate report is based on the combination of both primary and secondary resources.
- The report helps you to understand the real effects of key market drivers or restrainers on Methyl Methacrylate business.
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