Global a-Methacrylic Acid Market Growth 2023-2029

Global α-Methacrylic Acid Market Growth 2023-2029

Methacrylic acid (MAA) (CAS 79-41-4) is an organic compound, abbreviated MAA. This colorless, viscous liquid is a carboxylic acid with an acrid unpleasant odor. It is soluble in warm water and miscible with most organic solvents. Methacrylic acid is produced industrially on a large scale as a precursor to its esters, especially methyl methacrylate (MMA) and poly (methyl methacrylate) (PMMA).

LPI (LP Information)' newest research report, the “α-Methacrylic Acid Industry Forecast” looks at past sales and reviews total world α-Methacrylic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected α-Methacrylic Acid sales for 2023 through 2029. With α-Methacrylic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world α-Methacrylic Acid industry.

This Insight Report provides a comprehensive analysis of the global α-Methacrylic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on α-Methacrylic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global α-Methacrylic Acid market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for α-Methacrylic Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global α-Methacrylic Acid.

The global α-Methacrylic Acid market size is projected to grow from US$ 1156.3 million in 2022 to US$ 1537 million in 2029; it is expected to grow at a CAGR of 1537 from 2023 to 2029.

The major players in global Methacrylic Acid (MAA) (CAS 79-41-4) market include Mitsubishi Chemical, LG, Evonik, etc. The top 3 players occupy about 50% shares of the global market. China and Europe are main markets, they occupy about 45% of the global market. Isobutylene Oxidation Method is the main type, with a share about 70%. Ester Synthesis is the main application, which holds a share about 60%.

This report presents a comprehensive overview, market shares, and growth opportunities of α-Methacrylic Acid market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Acetone Cyanohydrin Method
Isobutylene Oxidation Method

Segmentation by application
Ester Synthesis
Coating Field
Adhesive Field
Textile Field
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Mitsubishi Chemical
MGC
Kuraray
LG
DuPont
Basf
Evonik
Formosa
Hefa Chem
Jiangsu Sanyi

Key Questions Addressed in this Report

What is the 10-year outlook for the global α-Methacrylic Acid market?

What factors are driving α-Methacrylic Acid market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do α-Methacrylic Acid market opportunities vary by end market size?

How does α-Methacrylic Acid break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.