Methyl Methacrylate (MMA) Market is predicted to reach USD 11,539.53 million at a CAGR of 5.05% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Methyl Methacrylate (MMA) Market”.

The Methyl Methacrylate (MMA) market is estimated to register a CAGR of 5.05% during the forecast period of 2023 to 2030.

MRFR recognizes the following companies as the key players in the global Methyl Methacrylate (MMA) market— Arkema SA (France), Sumitomo Chemical Co Ltd. (Japan), Dhalop Chemicals Private Limited (India), Kuraray Co Ltd (Japan), Asahi Kasei Corp (Japan), The Dow Chemical Co (US), Huntsman Corp (US), Evonik (Germany), Lotte Chemical Corp (South Korea), Mitsubishi Chemical Corporation (Japan), Saudi Methacrylates Company (Saudi Arabia).

Methyl Methacrylate Mma Market Highlights

The global Methyl Methacrylate (MMA) market is accounted for to register a CAGR of 5.05% during the forecast period and is estimated to reach USD 11,539.53 million by 2030.

The monomer methyl methacrylate polymerizes easily to generate high molecular weight homopolymers and copolymers. The main use for MMA monomer is the synthesis of polymethyl methacrylate (PMMA) homopolymer for the production of cast and extruded acrylic sheets. These cast MMA sheeting materials have excellent optical clarity, transparency, and UV stability. The most common application for MMA is as a component in paints and coatings, such as exterior paints and paper coatings. Metal and foil coatings, industrial finishes, floor polishes, textile finishes, adhesives, sealants, construction products, PVC impact modifiers, packaging, and inks all use methyl methacrylate polymers and copolymers. Its durability, quick drying time, and adaptability make it a more popular flooring alternative than other flooring systems on the market today. Since they give both practical strength and a smooth appearance, MMA coatings are popular in commercial, industrial, and institutional contexts. Additional benefits of adopting MMA coatings for flooring systems include quick curing, great resistance to wear and tear, quick installation, and low-maintenance quality.

MMA coatings are vastly preferred by various end-use industries as MMA coatings are extremely wear and tear resistant. Under pressure, traffic, or adverse weather conditions, the resin does not break. It may be used as a cooling chamber flooring system. MMA flooring technologies will be extremely beneficial in food and beverage industrial facilities. As a result of constant traffic, MMA coatings are very resistant to scratches and abrasions. Another significant benefit of placing MMA coatings on floors is their ability to prevent slippage. Businesses can select from numerous classes of slip resistance to get the necessary level of texture inside their specific facilities.

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Segment Analysis

The global Methyl Methacrylate (MMA) market has been segmented based on Application, End-Use Industry and Region.

The global Methyl Methacrylate (MMA) Market segmentation, based on Application has been segmented as Chemical Intermediates, Surface Coatings, Emulsion Polymer. Among these, the Chemical Intermediates application is anticipated to dominate the global Methyl Methacrylate (MMA) market revenue through the projected period as estimated by MRFR analysts.

The market for Methyl Methacrylate (MMA) is primarily driven by its propelling usage as a chemical intermediate in the production of numerous types of products. MMA is significantly used in the production of the production of polymethyl methacrylate which is a lightweight and transparent plastic material that is used in the making of wide range of products such as windows, light covers, optical lenses, and signage.

In the End-Use Industry segment, the market is categorized as Automotive, Construction, Electronics and Others. Out of which the Construction segment held the maximum share in the base year market and is also expected to be holding a significant share in the forecasted period as well. MMA adhesives are utilized in a variety of applications in the building and construction industry, such as those for windows, uPVC doors, canopies, panels, architectural elements, etc. These adhesives are ideal for a wide range of applications in the residential housing sector because of their varied special features. They offer long-lasting and robust solutions that surpass conventional materials for several years.

Regional Analysis

By Region, the Methyl Methacrylate (MMA) market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. The Asia Pacific Methyl Methacrylate (MMA) market holds a considerable market share and is also forecasted to hold the largest share during the forecast period. Due to the rise in residential development, the construction sector is expanding quickly in nations like India, Indonesia, Vietnam, Thailand, Singapore, and others. The region is anticipated to take advantage of market prospects due to a growing population and migration for employment. Furthermore, the rising construction spending, rising per capita income, and rising luxury car sales will contribute significantly in accelerating the market demand of MMA. Also, businesses are making investments in the creation and invention of vehicles utilizing eco-friendly and effective materials, which is boosting regional economy.

Key Findings of the Study

• The global Methyl Methacrylate (MMA) market is expected to reach USD 8,011.01 million by 2030, at a CAGR of 5.05% during the forecast period.


• The Asia Pacific region accounted for the fastest-growing global market.


• Based on Application, the Chemical Intermediates segment was attributed to holding the largest market in 2022.


• Based on End-Use Industry, the Construction segment was attributed to holding the largest market in 2022.


• Arkema SA (France), Sumitomo Chemical Co Ltd. (Japan), Dhalop Chemicals Private Limited (India), Kuraray Co Ltd (Japan), Asahi Kasei Corp (Japan), The Dow Chemical Co (US), Huntsman Corp (US), Evonik (Germany), Lotte Chemical Corp (South Korea), Mitsubishi Chemical Corporation (Japan), Saudi Methacrylates Company (Saudi Arabia) are the key market players.