Market Overview:
The global methyl methacrylate (MMA) monomer market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for polymethyl methacrylate (PMMA) and its derivatives in various applications, such as surface coatings, plastic additives, and others. In addition, MMA is also used as a precursor for various other products such as acrylic acid esters, acrylonitrile butadiene styrene (ABS), and polycarbonates. These factors are expected to drive the growth of the global methyl methacrylate (MMA) monomer market during the forecast period.
 Monomer Industry Outlook.svg)
Product Definition:
Methyl methacrylate (MMA) monomer is a colorless liquid that is used to make acrylic plastic. MMA can also be used as a solvent.
ACH Method:
ACH method is an old and well-known industrial process to produce methyl methacrylate (MMA), which is a monomer used in the production of polymethyl methacrylate (PMMA). Methyl methacrylate was traditionally produced by catalytic hydrolysis of acetone cyanohydrins. However, this method has several drawbacks such as high consumption of energy, catalyst poisoning due to impurities present in feedstock and difficulty in controlling reaction temperature.
Isobutylene Method:
Isobutylene (IBA) is a colorless liquid with a strong odor. It is also classified as an eye and skin irritant.
Application Insights:
MMA monomer is used in the production of polymethyl methacrylate (PMMA), which is a major application segment. PMMA finds applications in manufacturing glass substrates for LEDs, laser diodes, and LCDs; as well as plastic additives such as adhesives and sealants. The growth of the LED industry across various regions on account of rising demand for energy-efficient lighting solutions will remain a key factor driving product demand over the forecast period.
Polymethyl methacrylate (PM MMA) accounted for more than 70% market share in terms of volume in 2017 owing to its high usage rate across several end-use industries including construction materials & hardware; electronics & semiconductors; medical devices & equipment; automotive body parts.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key MMA monomer manufacturers such as Nippon Paint Holdings Co., Ltd.; BASF SE; and AkzoNobel has led to high product availability in this region. In addition, increasing demand for consumer goods along with rising disposable income levels is anticipated to drive the regional market growth over the forecast period.
The growing automotive industry in China, India, Japan, South Korea and Taiwan has resulted in an increased demand for plastic parts manufacturing which will further propel product consumption across Asia Pacific during the forecast period. Europe was another major consumer of methyl methacrylate monomer owing to high demand from several industries including paints & coatings; plastics; construction materials; footwear & apparel; personal care products such as cosmetics and toiletries due to local presence of multinational companies like PPG Industries Inc.; Reckitt Benckiser Group Plc.; Unilever Group Ltd.
Growth Factors:
- MMA is a versatile monomer that can be used to produce a variety of products such as plastics, coatings, adhesives and sealants. This versatility will continue to drive demand for MMA in the future.
- The global population is growing and with it, the demand for consumer goods made from plastic resins derived from MMA will also grow.
- The automotive industry is booming and with it the demand for coatings, sealants and other products made from MMA resin.
- The construction industry is also growing rapidly, especially in developing countries where there is a large need for new infrastructure projects. This growth will lead to increased demand for adhesives, sealants and other products made from MMA resin . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Methyl Methacrylate (MMA) Monomer Market Research Report
By Type
ACH Method, Isobutylene Method, Ethylene Method
By Application
Polymethyl Methacrylate, Plastic Additive, Surface Coating, Others
By Companies
Mitsubishi Rayon, Evonik, Dow, Sumitomo Chemical, LG MMA, Asahi Kasei, Arkema, Kuraray, Mitsubishi Gas Chemical, BASF, Formosa Plastics, Jilin Petrochemical, Longxin Chemical, Shandong Hongxu
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Methyl Methacrylate (MMA) Monomer Market Report Segments:
The global Methyl Methacrylate (MMA) Monomer market is segmented on the basis of:
Types
ACH Method, Isobutylene Method, Ethylene Method
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Polymethyl Methacrylate, Plastic Additive, Surface Coating, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mitsubishi Rayon
- Evonik
- Dow
- Sumitomo Chemical
- LG MMA
- Asahi Kasei
- Arkema
- Kuraray
- Mitsubishi Gas Chemical
- BASF
- Formosa Plastics
- Jilin Petrochemical
- Longxin Chemical
- Shandong Hongxu
 Monomer Market Overview.svg)
Highlights of The Methyl Methacrylate (MMA) Monomer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- ACH Method
- Isobutylene Method
- Ethylene Method
- By Application:
- Polymethyl Methacrylate
- Plastic Additive
- Surface Coating
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Methyl Methacrylate (MMA) Monomer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Monomer Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Methyl methacrylate monomer is a type of polymer that is made up of methyl methacrylate molecules. It is a common component in many types of plastics, including polystyrene and PVC. MMA monomer can also be used to make other types of materials, such as epoxy resins and acrylics.
Some of the key players operating in the methyl methacrylate (mma) monomer market are Mitsubishi Rayon, Evonik, Dow, Sumitomo Chemical, LG MMA, Asahi Kasei, Arkema, Kuraray, Mitsubishi Gas Chemical, BASF, Formosa Plastics, Jilin Petrochemical, Longxin Chemical, Shandong Hongxu.
The methyl methacrylate (mma) monomer market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Methyl Methacrylate (MMA) Monomer Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Methyl Methacrylate (MMA) Monomer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Methyl Methacrylate (MMA) Monomer Market - Supply Chain
4.5. Global Methyl Methacrylate (MMA) Monomer Market Forecast
4.5.1. Methyl Methacrylate (MMA) Monomer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Methyl Methacrylate (MMA) Monomer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Methyl Methacrylate (MMA) Monomer Market Absolute $ Opportunity
5. Global Methyl Methacrylate (MMA) Monomer Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Methyl Methacrylate (MMA) Monomer Market Size and Volume Forecast by Type
5.3.1. ACH Method
5.3.2. Isobutylene Method
5.3.3. Ethylene Method
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Methyl Methacrylate (MMA) Monomer Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Methyl Methacrylate (MMA) Monomer Market Size and Volume Forecast by Application
6.3.1. Polymethyl Methacrylate
6.3.2. Plastic Additive
6.3.3. Surface Coating
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Methyl Methacrylate (MMA) Monomer Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Methyl Methacrylate (MMA) Monomer Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Methyl Methacrylate (MMA) Monomer Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Methyl Methacrylate (MMA) Monomer Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Methyl Methacrylate (MMA) Monomer Demand Share Forecast, 2019-2026
9. North America Methyl Methacrylate (MMA) Monomer Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Methyl Methacrylate (MMA) Monomer Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Methyl Methacrylate (MMA) Monomer Market Size and Volume Forecast by Application
9.4.1. Polymethyl Methacrylate
9.4.2. Plastic Additive
9.4.3. Surface Coating
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Methyl Methacrylate (MMA) Monomer Market Size and Volume Forecast by Type
9.7.1. ACH Method
9.7.2. Isobutylene Method
9.7.3. Ethylene Method
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Methyl Methacrylate (MMA) Monomer Demand Share Forecast, 2019-2026
10. Latin America Methyl Methacrylate (MMA) Monomer Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Methyl Methacrylate (MMA) Monomer Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Methyl Methacrylate (MMA) Monomer Market Size and Volume Forecast by Application
10.4.1. Polymethyl Methacrylate
10.4.2. Plastic Additive
10.4.3. Surface Coating
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Methyl Methacrylate (MMA) Monomer Market Size and Volume Forecast by Type
10.7.1. ACH Method
10.7.2. Isobutylene Method
10.7.3. Ethylene Method
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Methyl Methacrylate (MMA) Monomer Demand Share Forecast, 2019-2026
11. Europe Methyl Methacrylate (MMA) Monomer Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Methyl Methacrylate (MMA) Monomer Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Methyl Methacrylate (MMA) Monomer Market Size and Volume Forecast by Application
11.4.1. Polymethyl Methacrylate
11.4.2. Plastic Additive
11.4.3. Surface Coating
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Methyl Methacrylate (MMA) Monomer Market Size and Volume Forecast by Type
11.7.1. ACH Metod
11.7.2. Isobutylene Method
11.7.3. Ethylene Method
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Methyl Methacrylate (MMA) Monomer Demand Share, 2019-2026
12. Asia Pacific Methyl Methacrylate (MMA) Monomer Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Methyl Methacrylate (MMA) Monomer Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Methyl Methacrylate (MMA) Monomer Market Size and Volume Forecast by Application
12.4.1. Polymethyl Methacrylate
12.4.2. Plastic Additive
12.4.3. Surface Coating
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Methyl Methacrylate (MMA) Monomer Market Size and Volume Forecast by Type
12.7.1. ACH Method
12.7.2. Isobutylene Method
12.7.3. Ethylene Method
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Methyl Methacrylate (MMA) Monomer Demand Share, 2019-2026
13. Middle East & Africa Methyl Methacrylate (MMA) Monomer Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Methyl Methacrylate (MMA) Monomer Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Methyl Methacrylate (MMA) Monomer Market Size and Volume Forecast by Application
13.4.1. Polymethyl Methacrylate
13.4.2. Plastic Additive
13.4.3. Surface Coating
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Methyl Methacrylate (MMA) Monomer Market Size and Volume Forecast by Type
13.7.1. ACH Method
13.7.2. Isobutylene Method
13.7.3. Ethylene Method
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Methyl Methacrylate (MMA) Monomer Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Methyl Methacrylate (MMA) Monomer Market: Market Share Analysis
14.2. Methyl Methacrylate (MMA) Monomer Distributors and Customers
14.3. Methyl Methacrylate (MMA) Monomer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Mitsubishi Rayon
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Evonik
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Dow
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sumitomo Chemical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. LG MMA
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Asahi Kasei
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Arkema
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kuraray
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Mitsubishi Gas Chemical
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. BASF
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Formosa Plastics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Jilin Petrochemical
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Longxin Chemical
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Shandong Hongxu
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
