Global Methyl Methacrylate (MMA) Market to Reach $47.3 Billion by 2030
The global market for Methyl Methacrylate (MMA) estimated at US$28.2 Billion in the year 2022, is projected to reach a revised size of US$47.3 Billion by 2030, growing at a CAGR of 6.7% over the analysis period 2022-2030. Building & Construction, one of the segments analyzed in the report, is projected to record a 7.6% CAGR and reach US$23.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Automotive segment is readjusted to a revised 6.7% CAGR for the next 8-year period.The U.S. Market is Estimated at $8.2 Billion, While China is Forecast to Grow at 6.2% CAGR
The Methyl Methacrylate (MMA) market in the U.S. is estimated at US$8.2 Billion in the year 2022. 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 6.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.1% and 5.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR.Select Competitors (Total 37 Featured) -
- 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.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Methyl Methacrylate (MMA)?
What is the growth rate of the Global Market for Methyl Methacrylate (MMA)?
What is the forecasted size of the Global Market for Methyl Methacrylate (MMA)?
Who are the key companies in the Global Market for Methyl Methacrylate (MMA)?
Report Attribute | Details |
---|---|
No. of Pages | 193 |
Published | March 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 28.2 Billion |
Forecasted Market Value ( USD | $ 47.3 Billion |
Compound Annual Growth Rate | 6.7% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- 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.