Methyl Methacrylate Market orth ,Research Report | Industry Growth Rate, Size, Forecast to 2027

 Increasing demand for Methyl Methacrylate in the online retailing business, coupled with high investments in R&D of Methyl Methacrylate, are fueling the market growth.

Market Size – USD 7.93 Billion in 2018, Market Growth - CAGR of 5.3%, Market Trends – Increase in demand for Methyl Methacrylate in the polymethyl methacrylate (PMMA) production.

The Global Methyl Methacrylate Market is forecast to reach USD 12.73 Billion by 2027, according to a new report by Reports and Data. The Methyl Methacrylate is a clear, colorless, highly flammable, slightly water-soluble industrial and commercial chemical and a methyl ester of methacrylic acid. Methacrylic acid methyl ester is another trade name of this chemical compound. Methyl methacrylate are mostly used in the manufacturing of highly used Polymethyl Methacrylate (PMMA) surface coating & impact modifier for clear rigid polyvinyl chloride and are also widely utilized as an intermediate solvent chemical in the formulation of various chemical processing. The continuous expansion of the PMMA clear sheets, paint & coatings, adhesives, food packaging, mobile and computer casing and paper coating applications are expected to drive the demand throughout the forecast period. Direct & Intermediate solvent, chemical reagent, adherent, and other processing aids are some of its widely used end-usages.

Top companies profiled in the report include:

  • Mitsubishi Chemical Holdings,
  • BASF SE,
  • Dow Chemical Company,
  • Evonik Industries AG,
  • Arkema S.A,
  • LG Chem Ltd.,
  • Nippon Shokubai Co., Ltd.,
  • Shanghai Huayi (Group) Company,
  • Kowa India Pvt. Ltd.,
  • and S.K. Panchal & Co.,
  • among others.

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/2493

Market Overview:

Increasing consumer inclination towards sustainability and thus considering products based on criteria such as circularity and carbon footprint is expected to change materials and chemical market trends during in the coming years.  The growing consumer concern about carbon emissions has prompted industry players to make investment in renewable energy, de-carbonization of transportation, and energy efficiency. These trends are expected to have a significant impact end markets for chemicals, notably in construction and automotive.

Increasing focus of the materials and chemical companies on adoption of de-carbonization technologies, re-examination of their assets, and diversification away from hydrocarbons to some extent will favor global Methyl Methacrylate market growth during the forecast period.

To know more about the report @ https://www.reportsanddata.com/report-detail/methyl-methacrylate-market

Regional Analysis covers:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Italy
    • UK
    • Rest of EU
  • Asia Pacific
    • India
    • China
    • Japan
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • UAE
    • Rest of MEA

Global Methyl Methacrylate Market Segmentation:

By End-Use:

  • Polymerization
  • Chemical Intermediate
  • Others

By Applications:

  • Polymethyl Methacrylate
  • Adhesive & Sealants
  • Paints & Coatings
  • PVC Impact Modifiers
  • Others

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