Methyl methacrylate adhesives are a class of structural adhesives synthesized to form a bond between metal, plastics, and composite materials. They are made of a resin and a hardener in addition to rubber and some strengthening agents. Methyl methacrylate adhesives also have superior bond strength and better impact and fatigue resistance than urethane based adhesives. They also offer better resistance to chemicals and environmental agents while requiring low curing time. Though the methyl methacrylate technology is relatively new, it has become an indispensable tool for uses in various industries ranging from building and construction to automotive and marine.
MARKET DYNAMICS
Methyl methacrylate adhesives are increasingly used in the automotive sector for assembly of various interior and exterior components of automobiles. They have a significant potential in replacing welding joints and mechanical fastners in automobiles. Methyl methacrylate adhesives are used to assemble glass, plastic, metal, and rubber components during the manufacture of autombiles. The increasing applications of methyl metacrylate adhesives in the field of automotive and transportation is anticipated to spur the growth of the methyl methacrylate adhesives industry. As major European and American automobile manufacturers establish their manufacturing bases in countries such as China, Phillipinnes, and Indonesia, the consumption of methyl methacrylate adhesives is anticipated to further rise. Methyl methacryalte adhesives are also finding uses in marine sector. They are increasingly being used in the construction of deck liners, bonding hulls, internal fixtures, yatchs, kayaks, and canoes. It is also finding uses in novel applications such as wind turbines. It is used as an adhesive to bond wind turbine blades. The versatility offered by methyl methacrylate adhesives makes it the quintessential adhesive in numerous end-use industries. The healthy manufacturing sector is expected to drive the demand for methyl methacrylate adhesives.
MARKET SCOPE
The "Global Methyl Methacrylate Adhesives Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the methyl methacrylate adhesives market with detailed market segmentation by substrate, end-use industry, and geography. The global methyl methacrylate adhesives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading methyl methacrylate adhesives market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global methyl methacrylate adhesives market is segmented on the basis of substrate and end-use industry. On the basis of substrate, the methyl methacrylate adhesives market is segmented into, metal, plastic, composite, and others. On the basis of end-use industry, the market is bifurcated into, automotive and transportation, building and construction, marine, wind energy, general assembly, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global methyl methacrylate adhesives market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The methyl methacrylate adhesives market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the methyl methacrylate adhesives market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the methyl methacrylate adhesives market in these regions.
MARKET PLAYERS
The reports cover key developments in the methyl methacrylate adhesives market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from methyl methacrylate adhesives market are anticipated to lucrative growth opportunities in the future with the rising demand for methyl methacrylate adhesives in the global market. Below mentioned is the list of few companies engaged in the methyl methacrylate adhesives market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the methyl methacrylate adhesives market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- 3M Company
- AEC Polymers
- H.B. Fuller Company
- Henkel AG & Co. KGaA
- Huntsman International LLC
- ITW Performance Polymers
- Novachem Corporation ltd
- Permabond LLC.
- Scott Bader Company Ltd
- Sika AG
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.