Global Methyl Methacrylate (MMA) Monomer Market 2019-2025
Methyl methacrylate (MMA) can be described as an organic compound that has the formula CH2=C(CH3)COOCH3. The compound is a colorless liquid and is a methyl ester of methacrylic acid (MAA). Methyl methacrylate (MMA) is a monomer that finds significant application in diverse industries owing to which it gets produced on a large scale and also to facilitate the production of poly(methyl methacrylate) (PMMA). The global market for methyl methacrylate (MMA) can find significant growth in the coming years banking on such facilities.
The global market is all set to gain more from its application in shatterproof glass replacement manufacturing, safety glazing production, manufacturing of various panels and lighting displays, production of outdoor lighting fixtures, and other applications, such as plumbing fixtures and its various components. Its principal application in the production of PMMA is slated to grow due to the surging demand for products that come with good optical clarity, better transparency, and substantial UV stability. These are several applications that can trigger high growth for the global market for methyl methacrylate (MMA).
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Among its other applications, methyl methacrylate (MMA) can significantly benefit from its market percolation in paints and coatings market. Its implementation in exterior paints and paper coatings can significantly boost global demand. Various industrial finishes, metal coating, floor polish, adhesive, textile finish, sealants, packaging, ink, and others find notable contributions of the methyl methacrylate (MMA).
Top key Players
Mitsubishi Rayon
Evonik
Dow
Sumitomo Chemical
LG MMA
Asahi Kasei
Arkema
Kuraray
Mitsubishi Gas Chemical
BASF
Formosa Plastics
Jilin Petrochemical
Longxin Chemical
Shandong Hongxu
Global Methyl Methacrylate (MMA) Monomer Market Segmentation
Segment by Type
ACH Method
Isobutylene Method
Ethylene Method
Segment by Application
Polymethyl Methacrylate
Plastic Additive
Surface Coating
Others
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
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