Global $13.5 Bn Methyl Methacrylate Adhesives Market Competition, Forecast & Opportunities, 2024 - ResearchAndMarkets.com
The "Global Methyl Methacrylate Adhesives Market By Derivative (Poly (methyl methacrylate), Surface Coatings & Adhesives, PVC Modifiers, Emulsion Polymers & Other Methacrylic Acids), By Substrate, By Region, Competition, Forecast & Opportunities, 2024" report has been added to ResearchAndMarkets.com's offering.
The "Global
Methyl Methacrylate Adhesives Market By Derivative (Poly (methyl
methacrylate), Surface Coatings & Adhesives, PVC Modifiers, Emulsion
Polymers & Other Methacrylic Acids), By Substrate, By Region,
Competition, Forecast & Opportunities, 2024" report has
been added to ResearchAndMarkets.com's offering.
The global methyl methacrylate adhesives market was valued at
approximately $ 10.6 billion in 2018 and is projected to cross $ 13.5
billion by 2024, growing at a CAGR of 4.3%.
Growing demand from the transportation and automotive industries in the
emerging countries as well as rising inclination towards low
carbon-emitting vehicles is leading to growing consumption of methyl
methacrylate adhesives. However, volatility in the prices of raw
materials is hindering the growth of the market.
The global MMA market is categorized into derivatives, substrate and
region. Among derivatives, Poly (methyl methacrylate) is the leading
segment, as MMA is mainly used as a raw material for poly (methyl
methacrylate), which is in huge demand in the automotive, construction,
and electronics industries. PMMA is mostly used as an alternative to
glass in the automotive and construction industries.
The use of MMA adhesives in the automotive industry is growing rapidly
as they minimize the weight of vehicles and provide superior performance
characteristics. These adhesives are used in the automotive components
as well as in the exteriors and interiors of automobiles. Further, MMA
finds wide variety of applications in surface coatings & adhesives, PVC
modifiers, emulsion polymers, etc.
Additionally, on basis of substrates, the market is categorized into
metal, plastic, and composites. Of all, metal is the largest segment,
which is anticipated to dominate the market in the coming years as well.
However, the composite sub-segment is expected to be the fastest-growing
substrate in the global methyl methacrylate adhesives market on account
of the rising demand for MMA adhesives for bonding composite components
which include bumpers, deflectors, roofs, blades, composite tanks, car
seats, interior body panel structures and instrument panels of tanks,
buses, etc.
Regionally, Asia-Pacific (APAC) is the leading segment in the global MMA
adhesives market. The region is also the major producer of MMA
adhesives. Due to the economic shrinkage and saturation in both European
and North American markets, the demand is shifting to Asia-Pacific. The
region has emerged as one of the leading producers as well as consumers
of MMA adhesives owing to the rising income levels, increasing domestic
demand as well as easy access to resources.
Key Target Audience:
- Methyl Methacrylate Adhesives (EPS) manufacturers and suppliers
- Government and other regulatory bodies
- Research institutes and organizations
- Market research and consulting firms
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
4.1. Factors to be considered for product selection
4.2. Factors influencing purchase decision
4.3. Challenges/issues faced post purchase
4.4. Unmet needs
5. Global Methyl Methacrylate Adhesives Industry Overview
6. Global Methyl Methacrylate Adhesives Market Outlook
6.1. Market Size and Forecast
6.1.1. By Value & Volume
6.2. Market Share and Forecast
6.2.1. By Derivative (Poly (methyl methacrylate), Surface Coatings &
Adhesives, PVC Modifiers, Emulsion Polymers, Other Methacrylic Acid)
6.2.2. By Substrate (Metal, Plastic, Composites)
6.2.3. By Company
6.2.4. By Region
6.3. Market Attractive Index
7. Asia-Pacific Methyl Methacrylate Adhesives Market Outlook
7.1. Market Size and Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Derivative
7.2.2. By Substrate
7.2.3. By Country
7.3. China Methyl Methacrylate Adhesives Market Outlook
7.4. Republic of Korea Methyl Methacrylate Adhesives Market Outlook
7.5. Japan Methyl Methacrylate Adhesives Market Outlook
7.6. Taiwan Methyl Methacrylate Adhesives Market Outlook
7.7. Singapore Methyl Methacrylate Adhesives Market Outlook
7.8. Thailand Methyl Methacrylate Adhesives Market Outlook
8. North America Methyl Methacrylate Adhesives Market Outlook
8.1. Market Size and Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Derivative
8.2.2. By Substrate
8.2.3. By Country
8.3. United States Methyl Methacrylate Adhesives Market Outlook
8.4. Mexico Methyl Methacrylate Adhesives Market Outlook
8.5. Canada Methyl Methacrylate Adhesives Market Outlook
9. Europe Methyl Methacrylate Adhesives Market Outlook
9.1. Market Size and Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Derivative
9.2.2. By Substrate
9.2.3. By Country
9.3. Germany Methyl Methacrylate Adhesives Market Outlook
9.4. United Kingdom Methyl Methacrylate Adhesives Market Outlook
9.5. France Methyl Methacrylate Adhesives Market Outlook
9.6. Russia Methyl Methacrylate Adhesives Market Outlook
10. Rest of World (South America, Middle East & Africa) Methyl
Methacrylate Adhesives Market Outlook
10.1. Market Size and Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Derivative
10.2.2. By Substrate
10.2.3. By Country
10.3. Brazil Methyl Methacrylate Adhesives Market Outlook
10.4. Saudi Arabia Methyl Methacrylate Adhesives Market Outlook
10.5. Iran Methyl Methacrylate Adhesives Market Outlook
10.6. UAE Methyl Methacrylate Adhesives Market Outlook
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
13. Pricing Analysis
14. Competitive Landscape
14.1. Competition Benchmarking
14.2. Company Profiles (Leading companies)
14.2.1. Arkema (Altuglas International)
14.2.2. Dow Chemical Company
14.2.3. Evonik
14.2.4. Kuraray
14.2.5. Lucite
14.2.6. Illinois Tool Works Inc.
14.2.7. Henkel AG & Co. Kgaa
14.2.8. H.B. Fuller Company
14.2.9. 3M Company
14.2.10. Huntsman International LLC.
For more information about this report visit https://www.researchandmarkets.com/r/rxb0ad
View source version on businesswire.com: https://www.businesswire.com/news/home/20190611005676/en/