DUBLIN, April 10, 2023 /PRNewswire/ -- The "Methyl Methacrylate (MMA): Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Methyl Methacrylate (MMA) estimated at US$28.2 Billion in the year 2022, is projected to reach a revised size of US$47.3 Billion by 2030, growing at a CAGR of 6.7% over the analysis period 2022-2030.

Building & Construction, one of the segments analyzed in the report, is projected to record a 7.6% CAGR and reach US$23.1 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Automotive segment is readjusted to a revised 6.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $8.2 Billion, While China is Forecast to Grow at 6.2% CAGR

The Methyl Methacrylate (MMA) market in the U.S. is estimated at US$8.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$8.2 Billion by the year 2030 trailing a CAGR of 6.2% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.1% and 5.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR.

Select Competitors (Total 37 Featured) -

• Akzo Nobel NV

• Arkema Group

• Asahi Kasei Chemicals Corp.

• BASF SE

• Evonik Industries AG

• Formosa Plastics Corp.

• Heilongjiang Zhongmeng Longxin Chemical Co., Ltd.

• Kaohsiung Monomer Company Ltd.

• Kuraray Co., Ltd.

• LG MMA Corp.

• Lotte Chemical Corporation

• Lucite International Ltd.

• Mitsubishi Chemical Corporation

• Mitsubishi Gas Chemical Co., Inc.

• Mitsui Chemicals, Inc

• Shandong Hongxu Chemical Co., Ltd.

• Sumitomo Chemical Co. Ltd.

• Thai MMA Co., Ltd.

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

• Global competitiveness and key competitor percentage market shares

• Market presence across multiple geographies - Strong/Active/Niche/Trivial

• Online interactive peer-to-peer collaborative bespoke updates

• Access to digital archives and Research Platform

• Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights

• World Market Trajectories

• Impact of Covid-19 and a Looming Global Recession

• Methyl Methacrylate - Clear, Colorless, Sharp and Organic Raw Material

• Methyl Methacrylate - A Growing Market Driven by Downstream Applications

• Recent Market Activity

• Sizing the Market

• Fast Facts

• MMA Supply Tightens, Prices Shoot Up

• New Capacity Additions On the Anvil Offer Hope

• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

• Methyl Methacrylate (MMA) - Global Key Competitors Percentage Market Share in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Acrylic Plastics & Resins - The Largest and the Fastest Growing Application of MMA

• Increased Adoption in End-Use Sectors Fosters Growth in PMMA Market

• Broadening Applications of PMMA as a Highly Efficient Molding Compound Fuels Growth

• Bio-Based PMMA Emerge as Eco-Friendly Alternative

• Bio-based PMMA based Acrylic Resin: Potential to Develop Sustainable Solutions for Medical Sector

• PMMA-based Resins Market Going Green

• PMMA to Grab Bigger Share of Automotive Plastics Market

• Signs of Gradual Increase in PMMA Demand and Prices

• Manufacturers Relocate Production to Low-Cost Regions

• Asian Demand and New Applications Bolster PMMA Demand

• Growth Prospects Closely Tied to Global Economic Situation

• Stable Economic Scenario to Augment Market Prospects

• Projected Rise in Vehicle Production to Sustain Demand

• Recovering Construction Industry Benefits Demand for MMA and PMMA

• Building Renovations & Remodeling: A Key Revenue Contributor

• Growing Importance of PMMA Based Signage and Displays Drive MMA Demand

• Applications of MMA in Artificial Nail Products Industry

• Nano-HA Coated Bone Collagen Holds Potential to Improve Mechanical Properties of PMMA Bone Cement

• Advanced Polymeric Materials Present Natural and Effective Options for Building Construction

• Phase Separation Enables Nanotextured Morphology of PMMA UV Curable PUA Blends

• Bio-based Materials Emerge as Better Substitute

• WJ's MMA Technology-based WeatherGrip - A Recent Advancement

• Advancement in Industrial Synthesis of MMA during WAO

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/o4b7tp

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