Methyl Methacrylate Market, by Application (Polymethyl Methacrylate (PMMA), Surface Coating, and Others), by End-use Industry (Building & Construction, Automotive, Electronics, Aerospace, Paints & Coatings, Medical, and Others), and by Region (North Ameri

Methyl Methacrylate Market, by Application (Polymethyl Methacrylate (PMMA), Surface Coating, and Others), by End-use Industry (Building & Construction, Automotive, Electronics, Aerospace, Paints & Coatings, Medical, and Others), and by Region (North America, South America, Asia Pacific, Europe, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

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. P(MMA) is a transparent thermoplastic used as a shatter-resistant option to glass. P(MMA) 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 P(MMA) is expected to boost growth of the methyl methacrylate market over the forecast period.

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.

Methyl Methacrylate 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) in February 2022., India appliances & consumer electronics stood at US$ 9.84 billion in 2021 is expected to reach US$ 21.18 billion by 2025.

Among regions, Asia Pacific held dominant position in the global methyl methacrylate market, in terms of revenue share, in 2021. 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.

Key features of the study:

• This report provides an in-depth analysis of global methyl methacrylate ((MMA)) market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 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 approvals, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global methyl methacrylate (MMA) 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 BASF SE, Evonik Industries AG, Arkema Group, The Dow Chemical Company, Akzo Nobel N.V., Sumitomo Chemical Company Limited, Chi Mei Corporation, Huntsman Corporation, Kolon Industries, Karl Jungbecker GmbH & Co. KG, Dhalop Chemicals, and Saudi Methacrylate Company
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
• The global methyl methacrylate (MMA) market report caters to various stakeholders in this industry including investors, suppliers, methyl methacrylate Packaging manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global methyl methacrylate market

Detailed Segmentation:

• Global Methyl Methacrylate (MMA) Market, By Application :
• Polymethyl Methacrylate (MMA)
• Surface Coating
• Others
• Global Methyl Methacrylate (MMA) Market, By End-use Industry:
• Building & Construction
• Automotive
• Electronics
• Aerospace
• Paints & Coatings
• Medical
• Others
• Global Methyl Methacrylate (MMA) Market, By Region:
• North America
• By Country:
• U.S.
• Canada
• Latin America
• By Country:
• Brazil
• Mexico
• Argentina
• Rest of Latin America
• Europe
• By Country:
• Germany
• U.K.
• France
• Italy
• Spain
• Russia
• Rest of Europe
• Asia Pacific
• By Country:
• China
• India
• Japan
• Australia
• South Korea
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa
• By Country/Region:
• Middle East
• Africa
• Company Profiles
• BASF SE
• Company Overview
• Product Portfolio
• Key Strategies
• Recent Developments
• Future Plans
• Evonik Industries AG
• Arkema Group
• The Dow Chemical Company
• Akzo Nobel N.V.
• Sumitomo Chemical Company Limited
• Chi Mei Corporation
• Huntsman Corporation
• Kolon Industries
• Karl Jungbecker GmbH & Co. KG
• Dhalop Chemicals
• Saudi Methacrylate Company

“*” marked represents similar segmentation in other categories in the respective section