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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.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
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
Lucintel 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
Q6. Which methyl methacrylate monomer market segment will be the largest in future?
Answer: Lucintel 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, Lucintel provides 10% customization without any additional cost.
This report answers 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?
For any questions related to Methyl Methacrylate Monomer Market, Methyl Methacrylate Monomer Market Size, Methyl Methacrylate Monomer Market Growth, Methyl Methacrylate Monomer Market Analysis, Methyl Methacrylate Monomer Market Report, Methyl Methacrylate Monomer Market Share, Methyl Methacrylate Monomer Market Trends, Methyl Methacrylate Monomer Market Forecast, Methyl Methacrylate Monomer Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Methyl Methacrylate Monomer Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Methyl Methacrylate Monomer Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Methyl Methacrylate Monomer Market by Product
3.3.1: ACH Method
3.3.2: Isobutylene Method
3.3.3: Ethylene Method
3.4: Global Methyl Methacrylate Monomer Market by Application
3.4.1: Polymethyl Methacrylate
3.4.2: Plastic Additive
3.4.3: Surface Coating
3.4.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Methyl Methacrylate Monomer Market by Region
4.2: North American Methyl Methacrylate Monomer Market
4.2.2: North American Methyl Methacrylate Monomer Market by Application: Polymethyl Methacrylate, Plastic Additive, Surface Coating, and Others
4.3: European Methyl Methacrylate Monomer Market
4.3.1: European Methyl Methacrylate Monomer Market by Product: ACH Method, Isobutylene Method, and Ethylene Method
4.3.2: European Methyl Methacrylate Monomer Market by Application: Polymethyl Methacrylate, Plastic Additive, Surface Coating, and Others
4.4: APAC Methyl Methacrylate Monomer Market
4.4.1: APAC Methyl Methacrylate Monomer Market by Product: ACH Method, Isobutylene Method, and Ethylene Method
4.4.2: APAC Methyl Methacrylate Monomer Market by Application: Polymethyl Methacrylate, Plastic Additive, Surface Coating, and Others
4.5: ROW Methyl Methacrylate Monomer Market
4.5.1: ROW Methyl Methacrylate Monomer Market by Product: ACH Method, Isobutylene Method, and Ethylene Method
4.5.2: ROW Methyl Methacrylate Monomer Market by Application: Polymethyl Methacrylate, Plastic Additive, Surface Coating, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Methyl Methacrylate Monomer Market by Product
6.1.2: Growth Opportunities for the Global Methyl Methacrylate Monomer Market by Application
6.1.3: Growth Opportunities for the Global Methyl Methacrylate Monomer Market by Region
6.2: Emerging Trends in the Global Methyl Methacrylate Monomer Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Methyl Methacrylate Monomer Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Methyl Methacrylate Monomer Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Mitsubishi Rayon
7.2: Evonik
7.3: Dow
7.4: Sumitomo Chemical
7.5: LG MMA
7.6: Asahi Kasei
7.7: Arkema
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's 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 this 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 Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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