Methyl Methacrylate is a monomer that is also known as methacrylic acid or methyl ester. Chief applications of methyl methacrylate include illuminated light displays, vinyl impact modifiers, adhesives, exterior paints, safety gazing, and others. Methyl methacrylate finds applications in various end-use industries such as electronics, building & construction, automotive, paints & coating, aerospace, medical, and others.
MARKET DYNAMICS
The methyl methacrylate market has witnessed significant growth owing to its increasing applications in the interior and exterior factors of the automobiles. Moreover, the rising awareness of the properties of methyl methacrylate, such as excellent abrasion resistance, surface hardness, and UV resistance, is known to boost the methyl methacrylate market in the coming years. The rising from the Asia-Pacific region provides a vast market opportunity for the key players operating in the methyl methacrylate market.
MARKET SCOPE
The "Global Methyl Methacrylate 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 market with detailed market segmentation by product type, application, feedstock, and geography. The global 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 market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global methyl methacrylate market is segmented on the basis of production type, applications, and feedstock. Based on production type, the global market is segmented into chemical synthesis and recycling & reclaiming. Based on application, the global market is segmented into adhesives & sealants, industrial paints & coatings, and others. On the basis of feedstock, the golabl methyl methacrylate market is segmented into acetone, ethylene, methanol, isobutylene, 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 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 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 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 market in these regions.
MARKET PLAYERS
The reports cover key developments in the Methyl methacrylate 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 market are anticipated to lucrative growth opportunities in the future with the rising demand for Methyl methacrylate in the global market. Below mentioned is the list of few companies engaged in the Methyl methacrylate market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Methyl methacrylate 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.
- Arkema Group
- BASF SE
- DuPont
- Evonik Industries Ag
- Kowa India Pvt. Ltd.
- LG Chem
- NIPPON SHOKUBAI CO., LTD.
- S.K. Panchal & Co.
- Shanghai Huayi Group Corp. Ltd.
- Sumitomo Chemical Co., Ltd.