NEW YORK, Oct. 19, 2022 /PRNewswire/ -- The Methyl Methacrylate (MMA) Monomer Market report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.
The potential growth difference for the methyl methacrylate (MMA) monomer market between 2021 and 2026 is USD 2.97 billion. The report extensively covers the methyl methacrylate (MMA) monomer market segmentation by Method (ACH method and isobutylene method) and geography (APAC, North America, Europe, the Middle East and Africa, and South America). 43% of the growth will originate from APAC. Request Free Sample Report.
Methyl Methacrylate (MMA) Monomer Market: Segmentation By Method
By Method, the market is categorized as – the ACH method and the isobutylene method. Globally, the ACH method has been by far the most important method for generating MMA monomers. Hydrocyanic acid and acetone are utilized as the initial components in the process to create the MMA monomer. Acetone and hydrocyanic acid are used to create ACH. In excess sulfuric acid, the resulting ACH is amidated before being combined with methanol to form an MMA monomer.
Due to its capacity to deliver a high yield by a straightforward reaction, this technique has found widespread uses. The ACH approach has a few other limitations as well, like how challenging it is to obtain cyanide when using the ACH method. The processing of the waste acid resulting from the usage of sulfuric acid is another problem. Buy Sample Report.
Vendor Insights
The market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete. The report analyzes the market's competitive landscape and offers information on several market vendors, including:
Arkema S.A., Asahi Kasei Corp., BASF SE, Chimei Corp., Chirag Enterprise, Heilongjiang Zhongmeng Longxin Chemical Co. Ltd., Kowa India Pvt. Ltd., KURARAY Co. Ltd., LG Corp., LOTTE MCC Corp., Mitsubishi Chemical Corp., Mitsubishi Gas Chemical Co. Inc., Mitsui Chemicals Inc., RAG Stiftung, Saudi Basic Industries Corp., Sumitomo Chemical Co. Ltd., Dow Inc., Trinseo PLC, Vell Plast, and Zhejiang Dongue Chemical Co. Ltd.
Major Vendors with their Offerings
- Arkema S.A.- The company manufactures acrylic monomers, rheology additives, and coating resins for adhesives, emulsions, paints and coatings, oil and gas, and water treatment applications.
- Asahi Kasei Corp.- The company offers methyl methacrylate (MMA) monomer for acrylic resin and coating materials.
- BASF SE- The company offers methyl methacrylate (MMA) monomers such as behenyl methacrylate 1822 F and behenyl polyethylenglycol methacrylate 1100.
- KURARAY Co. Ltd.- The company offers methyl methacrylate (MMA) monomer such as for PMMA molding materials, sheets and films, plastic modifiers, paints, and paper coatings.
- LG Corp.- The company offers mobile batteries, automotive batteries, electricity storage, and others.
To gain access to more vendor profiles with their key offerings available with Technavio, Click Here
Key Market Dynamics:
One of the main factors boosting the market for methyl methacrylate monomer is the rising demand from developing nations. Many MMA monomer suppliers are moving their manufacturing operations to emerging nations. The expansion of the global MMA monomer market is aided by the availability of raw materials, cheap labor, land, low transportation costs, and less onerous governmental restrictions. In addition, the governments of APAC nations are making significant investments in the housing sector as a result of urbanization and rising living standards. Therefore, it is anticipated that the rise in a residential buildings in APAC will have a favorable effect on the market's expansion throughout the projection period.
However, the thing preventing the methyl methacrylate monomer market from expanding is the volatility of raw material costs. The main basic materials utilized to make MMA monomers are petrochemicals. As a result, the price of crude oil has a substantial impact on their cost. Download Free Sample Report.
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Methyl Methacrylate (MMA) Monomer Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.54% |
Market growth 2022-2026 |
$2.97 billion |
Market structure |
Fragmented |
YoY growth (%) |
5.3 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 43% |
Key consumer countries |
US, Canada, China, India, Germany, and Italy |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Arkema S.A., Asahi Kasei Corp., BASF SE, Chimei Corp., Chirag Enterprise, Heilongjiang Zhongmeng Longxin Chemical Co. Ltd., Kowa India Pvt. Ltd., KURARAY Co. Ltd., LG Corp., LOTTE MCC Corp., Mitsubishi Chemical Corp., Mitsubishi Gas Chemical Co. Inc., Mitsui Chemicals Inc., RAG Stiftung, Saudi Basic Industries Corp., Sumitomo Chemical Co. Ltd., Dow Inc., Trinseo PLC, Vell Plast, and Zhejiang Dongue Chemical Co. Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Method
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Method
- 5.1 Market segments
- Exhibit 24: Chart on Method - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Method - Market share 2021-2026 (%)
- 5.2 Comparison by Method
- Exhibit 26: Chart on Comparison by Method
- Exhibit 27: Data Table on Comparison by Method
- 5.3 ACH method - Market size and forecast 2021-2026
- Exhibit 28: Chart on ACH method - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on ACH method - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on ACH method - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on ACH method - Year-over-year growth 2021-2026 (%)
- 5.4 Isobutylene method - Market size and forecast 2021-2026
- Exhibit 32: Chart on Isobutylene method - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Isobutylene method - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Isobutylene method - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Isobutylene method - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Method
- Exhibit 36: Market opportunity by Method ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 North America - Market size and forecast 2021-2026
- Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.5 Europe - Market size and forecast 2021-2026
- Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.6 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.7 South America - Market size and forecast 2021-2026
- Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 China - Market size and forecast 2021-2026
- Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.10 Germany - Market size and forecast 2021-2026
- Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.11 India - Market size and forecast 2021-2026
- Exhibit 74: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on India - Year-over-year growth 2021-2026 (%)
- 7.12 Italy - Market size and forecast 2021-2026
- Exhibit 78: Chart on Italy - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Italy - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Italy - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Italy - Year-over-year growth 2021-2026 (%)
- 7.13 Canada - Market size and forecast 2021-2026
- Exhibit 82: Chart on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on Canada - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on Canada - Year-over-year growth 2021-2026 (%)
- 7.14 Market opportunity by geography
- Exhibit 86: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 87: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 89: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 90: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 91: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 92: Matrix on vendor position and classification
- 10.3 Asahi Kasei Corp.
- Exhibit 93: Asahi Kasei Corp. - Overview
- Exhibit 94: Asahi Kasei Corp. - Business segments
- Exhibit 95: Asahi Kasei Corp. - Key news
- Exhibit 96: Asahi Kasei Corp. - Key offerings
- Exhibit 97: Asahi Kasei Corp. - Segment focus
- 10.4 BASF SE
- Exhibit 98: BASF SE - Overview
- Exhibit 99: BASF SE - Business segments
- Exhibit 100: BASF SE - Key news
- Exhibit 101: BASF SE - Key offerings
- Exhibit 102: BASF SE - Segment focus
- 10.5 Kowa India Pvt. Ltd.
- Exhibit 103: Kowa India Pvt. Ltd. - Overview
- Exhibit 104: Kowa India Pvt. Ltd. - Product / Service
- Exhibit 105: Kowa India Pvt. Ltd. - Key offerings
- 10.6 KURARAY Co. Ltd.
- Exhibit 106: KURARAY Co. Ltd. - Overview
- Exhibit 107: KURARAY Co. Ltd. - Business segments
- Exhibit 108: KURARAY Co. Ltd. - Key offerings
- Exhibit 109: KURARAY Co. Ltd. - Segment focus
- 10.7 Mitsubishi Chemical Corp.
- Exhibit 110: Mitsubishi Chemical Corp. - Overview
- Exhibit 111: Mitsubishi Chemical Corp. - Business segments
- Exhibit 112: Mitsubishi Chemical Corp. - Key news
- Exhibit 113: Mitsubishi Chemical Corp. - Key offerings
- Exhibit 114: Mitsubishi Chemical Corp. - Segment focus
- 10.8 Mitsui Chemicals Inc.
- Exhibit 115: Mitsui Chemicals Inc. - Overview
- Exhibit 116: Mitsui Chemicals Inc. - Business segments
- Exhibit 117: Mitsui Chemicals Inc. - Key offerings
- Exhibit 118: Mitsui Chemicals Inc. - Segment focus
- 10.9 RAG Stiftung
- Exhibit 119: RAG Stiftung - Overview
- Exhibit 120: RAG Stiftung - Product / Service
- Exhibit 121: RAG Stiftung - Key offerings
- 10.10 Saudi Basic Industries Corp.
- Exhibit 122: Saudi Basic Industries Corp. - Overview
- Exhibit 123: Saudi Basic Industries Corp. - Business segments
- Exhibit 124: Saudi Basic Industries Corp. - Key offerings
- Exhibit 125: Saudi Basic Industries Corp. - Segment focus
- 10.11 Sumitomo Chemical Co. Ltd.
- Exhibit 126: Sumitomo Chemical Co. Ltd. - Overview
- Exhibit 127: Sumitomo Chemical Co. Ltd. - Business segments
- Exhibit 128: Sumitomo Chemical Co. Ltd. - Key offerings
- Exhibit 129: Sumitomo Chemical Co. Ltd. - Segment focus
- 10.12 Dow Inc.
- Exhibit 130: Dow Inc. - Overview
- Exhibit 131: Dow Inc. - Business segments
- Exhibit 132: Dow Inc. - Key news
- Exhibit 133: Dow Inc. - Key offerings
- Exhibit 134: Dow Inc. - Segment focus
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 135: Inclusions checklist
- Exhibit 136: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 137: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 138: Research methodology
- Exhibit 139: Validation techniques employed for market sizing
- Exhibit 140: Information sources
- 11.5 List of abbreviations
- Exhibit 141: List of abbreviations
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Jesse Maida
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SOURCE Technavio
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