Methyl Methacrylate (MMA)
A Global Strategic Business Report
MCP-2098
WHAT'S BEHIND OUR DATA?
140857226
DOMAIN TRANSCRIPTS6080276
BRANDS TRACKED1729341
FEATURED COMPANIES22574
TOPICS COVERED82719
MARKET SEGMENTS91
KEY INDUSTRIES1574
CURATION TEAM4761909
DECISION MAKERSEXECUTIVE ENGAGEMENTS BY TIER (1859)
148
CXO69
VICE PRESIDENT282
DIRECTOR1186
MANAGER174
MARKETINGHIGHLIGHTS & REPORT INDEX
Global Methyl Methacrylate (MMA) Market to Reach US$52.5 Billion by 2030
The global market for Methyl Methacrylate (MMA) estimated at US$36.1 Billion in the year 2024, is expected to reach US$52.5 Billion by 2030, growing at a CAGR of 6.4% over the analysis period 2024-2030. Building & Construction, one of the segments analyzed in the report, is expected to record a 7.3% CAGR and reach US$25.4 Billion by the end of the analysis period. Growth in the Automotive segment is estimated at 6.4% CAGR over the analysis period.
The U.S. Market is Estimated at US$9.8 Billion While China is Forecast to Grow at 6.0% CAGR
The Methyl Methacrylate (MMA) market in the U.S. is estimated at US$9.8 Billion in the year 2024. 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 6.0% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 5.9% and 5.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR.
Global Methyl Methacrylate (MMA) Market - Key Trends & Drivers Summarized
What Makes Methyl Methacrylate (MMA) a Versatile Chemical in Industry?
Methyl methacrylate (MMA) is a crucial chemical used extensively in the production of polymethyl methacrylate (PMMA), a transparent and durable plastic. MMA`s properties make it essential for a variety of applications, including automotive components, signage, displays, and construction materials. PMMA, known for its clarity, weather resistance, and lightweight properties, is widely used in the manufacturing of acrylic sheets, medical devices, and optical products. The broad applicability of MMA underscores its importance in numerous industrial sectors, driving its consistent demand globally.
How Have Technological Innovations Enhanced MMA Production and Applications?
Technological advancements have significantly improved MMA production and broadened its applications. Innovations in production processes, such as the use of advanced catalysts and continuous production methods, have increased efficiency and reduced environmental impact. The development of bio-based MMA, derived from renewable resources, has opened new avenues for sustainable production. Additionally, advancements in polymer science have expanded the use of MMA in high-performance applications, such as coatings, adhesives, and composite materials. These technological strides have enhanced the versatility and sustainability of MMA, driving its demand in various sectors.
What Are the Emerging Trends in MMA Consumption?
Emerging trends in MMA consumption reflect its expanding applications and evolving industry demands. The automotive industry continues to drive significant demand for MMA, particularly in the production of lightweight and durable components. The construction sector is also witnessing increased use of MMA in the manufacturing of acrylic sheets and weather-resistant coatings. The medical industry is a growing consumer of MMA, using it in the production of dental and orthopedic devices due to its biocompatibility and clarity. Additionally, the demand for bio-based MMA is rising, driven by the growing emphasis on sustainability and environmental responsibility. These trends highlight the diverse applications of MMA and its importance in modern industries.
What Factors Are Driving the Growth in the MMA Market?
The growth in the MMA market is driven by several factors. Firstly, the rising demand for polymethyl methacrylate (PMMA) in automotive, construction, and medical applications is propelling the use of MMA. Secondly, the expanding use of MMA in high-performance coatings, adhesives, and composite materials is a significant growth driver. The construction industry`s increasing reliance on MMA for weather-resistant and durable materials also contributes to market growth. Additionally, the growing demand for bio-based MMA, driven by sustainability trends, is boosting consumption. The development of advanced production technologies further enhances the efficiency and sustainability of MMA production, fueling market growth. Lastly, ongoing research and development efforts aimed at discovering new applications and improving production processes continue to foster market expansion, underscoring the robust growth trajectory of the MMA market.
SCOPE OF STUDY
The report analyzes the Methyl Methacrylate (MMA) market by the following Segments, and Geographic Regions/Countries:
Segments:
End-Use (Building & Construction, Automotive, Electronics, Paints & Coatings, Other End-Uses).
Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World..
SELECT PLAYERS
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.
AI INTEGRATIONS
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Instead of following the general norm of querying LLMs and Industry-specific SLMs, we built repositories of content curated from domain experts worldwide including video transcripts, blogs, search engines research, and massive amounts of enterprise, product/service, and market data.
TARIFF IMPACT FACTOR
Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by increasing the Cost of Goods Sold (COGS), reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.
TABLE OF CONTENTS
| I. METHODOLOGY |
| II. EXECUTIVE SUMMARY |
| 1. MARKET OVERVIEW |
| Trade Shocks, Uncertainty, and the Structural Rewiring of the Global Economy |
| How Trump’s Tariffs Impact the Market? The Big Question on Everyone’s Mind |
| Global Economic Update |
| Methyl Methacrylate (MMA) – Global Key Competitors Percentage Market Share in 2024 (E) |
| Competitive Market Presence - Strong/Active/Niche/Trivial for 37 Players Worldwide in 2024 (E) |
| 2. FOCUS ON SELECT PLAYERS |
| 3. MARKET TRENDS & DRIVERS |
| Rising Demand for MMA in Acrylic Sheets and Polymers |
| Expansion of MMA Applications in Automotive and Aerospace Industries |
| Growth in MMA Use for Coatings and Paints |
| Increasing Adoption of MMA in Medical and Dental Applications |
| Trends in MMA Usage in Electronics and Display Technologies |
| Opportunities for Bio-based MMA in Various Industries |
| 4. GLOBAL MARKET PERSPECTIVE |
| World Methyl Methacrylate (MMA) Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030 |
| World Recent Past, Current & Future Analysis for Methyl Methacrylate (MMA) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR |
| World Historic Review for Methyl Methacrylate (MMA) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR |
| World 16-Year Perspective for Methyl Methacrylate (MMA) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2025 & 2030 |
| World Recent Past, Current & Future Analysis for Building & Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR |
| World Historic Review for Building & Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR |
| World 16-Year Perspective for Building & Construction by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2025 & 2030 |
| World Recent Past, Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR |
| World Historic Review for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR |
| World 16-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2025 & 2030 |
| World Recent Past, Current & Future Analysis for Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR |
| World Historic Review for Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR |
| World 16-Year Perspective for Electronics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2025 & 2030 |
| World Recent Past, Current & Future Analysis for Paints & Coatings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR |
| World Historic Review for Paints & Coatings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR |
| World 16-Year Perspective for Paints & Coatings by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2025 & 2030 |
| World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR |
| World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR |
| World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2025 & 2030 |
| III. MARKET ANALYSIS |
| UNITED STATES |
| Methyl Methacrylate (MMA) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2025 (E) |
| USA Recent Past, Current & Future Analysis for Methyl Methacrylate (MMA) by End-Use - Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR |
| USA Historic Review for Methyl Methacrylate (MMA) by End-Use - Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR |
| USA 16-Year Perspective for Methyl Methacrylate (MMA) by End-Use - Percentage Breakdown of Value Sales for Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses for the Years 2014, 2025 & 2030 |
| CANADA |
| Canada Recent Past, Current & Future Analysis for Methyl Methacrylate (MMA) by End-Use - Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR |
| Canada Historic Review for Methyl Methacrylate (MMA) by End-Use - Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR |
| Canada 16-Year Perspective for Methyl Methacrylate (MMA) by End-Use - Percentage Breakdown of Value Sales for Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses for the Years 2014, 2025 & 2030 |
| JAPAN |
| Methyl Methacrylate (MMA) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2025 (E) |
| Japan Recent Past, Current & Future Analysis for Methyl Methacrylate (MMA) by End-Use - Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR |
| Japan Historic Review for Methyl Methacrylate (MMA) by End-Use - Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR |
| Japan 16-Year Perspective for Methyl Methacrylate (MMA) by End-Use - Percentage Breakdown of Value Sales for Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses for the Years 2014, 2025 & 2030 |
| CHINA |
| Methyl Methacrylate (MMA) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2025 (E) |
| China Recent Past, Current & Future Analysis for Methyl Methacrylate (MMA) by End-Use - Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR |
| China Historic Review for Methyl Methacrylate (MMA) by End-Use - Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR |
| China 16-Year Perspective for Methyl Methacrylate (MMA) by End-Use - Percentage Breakdown of Value Sales for Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses for the Years 2014, 2025 & 2030 |
| EUROPE |
| Methyl Methacrylate (MMA) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2025 (E) |
| Europe Recent Past, Current & Future Analysis for Methyl Methacrylate (MMA) by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR |
| Europe Historic Review for Methyl Methacrylate (MMA) by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR |
| Europe 16-Year Perspective for Methyl Methacrylate (MMA) by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2025 & 2030 |
| Europe Recent Past, Current & Future Analysis for Methyl Methacrylate (MMA) by End-Use - Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR |
| Europe Historic Review for Methyl Methacrylate (MMA) by End-Use - Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR |
| Europe 16-Year Perspective for Methyl Methacrylate (MMA) by End-Use - Percentage Breakdown of Value Sales for Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses for the Years 2014, 2025 & 2030 |
| FRANCE |
| Methyl Methacrylate (MMA) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2025 (E) |
| France Recent Past, Current & Future Analysis for Methyl Methacrylate (MMA) by End-Use - Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR |
| France Historic Review for Methyl Methacrylate (MMA) by End-Use - Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR |
| France 16-Year Perspective for Methyl Methacrylate (MMA) by End-Use - Percentage Breakdown of Value Sales for Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses for the Years 2014, 2025 & 2030 |
| GERMANY |
| Methyl Methacrylate (MMA) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2025 (E) |
| Germany Recent Past, Current & Future Analysis for Methyl Methacrylate (MMA) by End-Use - Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR |
| Germany Historic Review for Methyl Methacrylate (MMA) by End-Use - Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR |
| Germany 16-Year Perspective for Methyl Methacrylate (MMA) by End-Use - Percentage Breakdown of Value Sales for Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses for the Years 2014, 2025 & 2030 |
| ITALY |
| Italy Recent Past, Current & Future Analysis for Methyl Methacrylate (MMA) by End-Use - Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR |
| Italy Historic Review for Methyl Methacrylate (MMA) by End-Use - Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR |
| Italy 16-Year Perspective for Methyl Methacrylate (MMA) by End-Use - Percentage Breakdown of Value Sales for Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses for the Years 2014, 2025 & 2030 |
| UNITED KINGDOM |
| Methyl Methacrylate (MMA) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2025 (E) |
| UK Recent Past, Current & Future Analysis for Methyl Methacrylate (MMA) by End-Use - Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR |
| UK Historic Review for Methyl Methacrylate (MMA) by End-Use - Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR |
| UK 16-Year Perspective for Methyl Methacrylate (MMA) by End-Use - Percentage Breakdown of Value Sales for Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses for the Years 2014, 2025 & 2030 |
| REST OF EUROPE |
| Rest of Europe Recent Past, Current & Future Analysis for Methyl Methacrylate (MMA) by End-Use - Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR |
| Rest of Europe Historic Review for Methyl Methacrylate (MMA) by End-Use - Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR |
| Rest of Europe 16-Year Perspective for Methyl Methacrylate (MMA) by End-Use - Percentage Breakdown of Value Sales for Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses for the Years 2014, 2025 & 2030 |
| ASIA-PACIFIC |
| Methyl Methacrylate (MMA) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2025 (E) |
| Asia-Pacific Recent Past, Current & Future Analysis for Methyl Methacrylate (MMA) by End-Use - Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR |
| Asia-Pacific Historic Review for Methyl Methacrylate (MMA) by End-Use - Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR |
| Asia-Pacific 16-Year Perspective for Methyl Methacrylate (MMA) by End-Use - Percentage Breakdown of Value Sales for Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses for the Years 2014, 2025 & 2030 |
| REST OF WORLD |
| Rest of World Recent Past, Current & Future Analysis for Methyl Methacrylate (MMA) by End-Use - Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR |
| Rest of World Historic Review for Methyl Methacrylate (MMA) by End-Use - Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR |
| Rest of World 16-Year Perspective for Methyl Methacrylate (MMA) by End-Use - Percentage Breakdown of Value Sales for Building & Construction, Automotive, Electronics, Paints & Coatings and Other End-Uses for the Years 2014, 2025 & 2030 |
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