Methyl Methacrylate Market Overview,Analysis, Industry Outlook, and Forecasts, 2020-2027

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The Global Methyl Methacrylate Market is forecast to reach USD 12.73 Billion by 2027, according to a new report by Reports and Data.

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.

Asia Pacific region is forecasted to grow fastest with the highest growth rate of 6.1% in the period 2019 – 2027, owing to high market penetration in polymethyl methacrylate acrylic plastics and continuous expansion of the transparent acrylonitrile-butadiene-styrene (ABS) uses coupled with the extensive demand for the this chemical compound as a solvent and intermediate agent in various industry verticals, especially in the regions like India and China.

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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.

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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Thank you for reading our report. To gain more info on market or customization of the report, contact Reports and Data for an Analyst Brief. Our Report offer valuable and actionable insights to industries to help clients achieve business goals.

How will this Market Intelligence Report Benefit You?

  1. The report offers statistical data in terms of value (US$)?
  2. Exclusive insight into the key trends affecting the Methyl Methacrylate industry, although key threats, opportunities and disruptive technologies that could shape the Global Methyl Methacrylate Market supply and demand.
  3. The report tracks the leading market players that will shape and impact the Global Methyl Methacrylate Market most.
  4. The data analysis present in the Methyl Methacrylate report is based on the combination of both primary and secondary resources.
  5. The report helps you to understand the real effects of key market drivers or restrainers on Methyl Methacrylate business.

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