Worldwide Methyl Methacrylate Monomer Industry to 2027 - Featuring BASF, Dow, Evonik and Asahi Kasei Among Others - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Methyl Methacrylate Monomer Market to 2027" report has been added to ResearchAndMarkets.com's offering.

Methyl Methacrylate is defined as a single molecule which used in the production of polymethyl methacrylate plastics and it is derived from methyl acrylic acid. They have bond forming capabilities which increase the strength of the overall structures. C5H8O2 is the chemical formula of methyl methacrylate. It is an acid ester and is a colorless monomer compound.

Companies Mentioned

• BASF
• Dow
• Evonik
• Mitsubishi Rayon
• Sumitomo Chemical
• Asahi Kasei
• Formosa Plastics
• Jilin Petrochemical
• Longxin Chemical
• Shandong Hongxu

Market Drivers

The increase in demand for methyl methacrylate products from the automotive and construction industries is a key driving factor which expected to drive the growth of the global methyl methacrylate monomer market over the forecast period. Also, the rise in demand for methyl methacrylate from aviation industry is another major factor boosting the market growth of the global methyl methacrylate monomer market.

The growing demand from the automobiles industry, due to its improved vehicle design capabilities, and the increase in acceptance of emission control and lightweight vehicles expected to positively influence the market growth during this forecast timeframe. Methyl methacrylate monomers are used in production of consumer products like as TV & electronic screens, automotive plastics, signage, windows, household acrylic paints, coatings, and adhesives, thus the increase in electronics production is expected to fuel the market growth.

Market Restraints

The fluctuation in raw material prices is the major restraint which expected to hamper the global methyl methacrylate monomer market growth during this forecast period.

Market Segmentation

By Product

• ACH Method
• Isobutylene Method
• Ethylene Method

By Application

• Polymethyl Methacrylate
• Plastic Additive
• Surface Coating
• Others

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

Key Questions Addressed by the Report

• What are the Key Opportunities in Global Methyl Methacrylate Monomer Market?
• What will be the growth rate from 2019 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?

For more information about this report visit https://www.researchandmarkets.com/r/d8s7ze.