Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Methyl Methacrylate Adhesives Market Growth

Methyl methacrylate (MMA) adhesives are reactive acrylic adhesives that typically include an initiator/hardener and resin. MMAs are versatile and are widely used as they can bond strongly with most metals, rubbers, and engineering plastics, such as ABS, PC, PET, fibreglass, and wood, among others. At room temperature, MMAs cure fast and reach their optimal binding strength in a very short time after application.

 

The key drivers aiding the methyl methacrylate adhesives market expansion are the growing demand from the electronics, construction, and marine industries, and the rising importance of lightweight vehicles with less CO2 emissions and better fuel efficiency. Additionally, the booming automotive sector, which uses methyl methacrylate extensively in interior and exterior parts, is expected to unlock significant growth opportunities for the market. Furthermore, the increasing use of methyl methacrylate in the production of polymers such as PMMA, SMMA, and MABS, as well as its applications in paints and coatings, adhesives and sealants, and industrial paints, are also driving the market growth.

 

Methyl Methacrylate Adhesives Market Report Snapshots

Methyl Methacrylate Adhesives Market Size

Methyl Methacrylate Adhesives Market Growth

Methyl Methacrylate Adhesives Market Trends

Methyl Methacrylate Adhesives Market Share

Methyl Methacrylate Adhesives Companies

Methyl Methacrylate Adhesives Market Regional Analysis

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Outline the Scope

Key Questions Answered in the Report

In 2023, the methyl methacrylate adhesives market reached an approximate value of USD 1.53 billion.

The market is expected to grow at a CAGR of 7.70% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to USD 2.99 billion by 2032.

The major drivers of the market include the growing utilisation of methyl methacrylate adhesives in the building and construction industry and the rapidly increasing urbanisation, which propels residential development, further increasing the demand for MMAs.

Key trends aiding market expansion include the increasing utilisation of MMAs in the automotive industry due to their beneficial characteristics and strong bond with components, and development of different types of MMAs.

Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The products in the market include metal, plastic, and composite, among others.

The different end-uses for methyl methacrylate adhesives include automotive and transportation, building and construction, marine, wind energy, and general assembly, among others.

Key players in the market are 3M Company, Arkema S.A, Cedesa Ltd, Scott Bader Company Limited, and Henkel AG & Co. KGaA, among others.

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