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Composite segment is witnessing rapid growth due to rising use of MMA in making composite materials
The market for methyl methacrylate adhesives, based on product, is comprised of metal, plastic, and composite, among others. Among these, the composite segment is expected to show a high growth rate during the projection period, due to the high demand for methyl methacrylate adhesives for composites. The MMAs are increasingly being utilised for various composites, such as bumpers, blades, deflectors, roofs, car seats, and composite tanks, among many others.
MMA is used in the production of various automotive parts, such as exterior and interior components, due to its high scratch resistance
The automotive and transportation segment, followed by the building and construction segment is expected to hold a significant methyl methacrylate adhesives market share. The automotive sector has increased the demand for MMAs as these adhesives have penetrated the market as one of the best solutions for bonding composites. With an increasing focus on manufacturing lighter vehicles, MMAs provide an excellent solution as they can distribute the load evenly around the bonding area while providing superior toughness, endurance, and abrasion resistance. Automotive sector uses MMA for making windshields, trim, fenders, bumpers, and trim.
As per methyl methacrylate adhesives market analysis, the building and construction sector is driven by the rapidly growing population and increasing urbanisation, especially in the Asia Pacific region. Marine segment includes the use of MMA in the production of various marine components and parts, such as boat hulls, propellers, and other marine equipment. MMA is used in marine applications due to its high resistance to chemicals and water.
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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Methyl Methacrylate Adhesives Market Analysis
8.1 Key Industry Highlights
8.2 Global Methyl Methacrylate Adhesives Historical Market (2018-2023)
8.3 Global Methyl Methacrylate Adhesives Market Forecast (2024-2032)
8.4 Global Methyl Methacrylate Adhesives Market by Product
8.4.1 Metal
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Plastic
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Composite
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Methyl Methacrylate Adhesives Market by End-Use
8.5.1 Automotive and Transportation
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Building and Construction
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Marine
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Wind Energy
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2023)
8.5.4.3 Forecast Trend (2024-2032)
8.5.5 General Assembly
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2023)
8.5.5.3 Forecast Trend (2024-2032)
8.5.6 Others
8.6 Global Methyl Methacrylate Adhesives Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2023)
8.6.4.3 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2023)
8.6.5.3 Forecast Trend (2024-2032)
9 North America Methyl Methacrylate Adhesives Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2023)
9.1.3 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2023)
9.2.3 Forecast Trend (2024-2032)
10 Europe Methyl Methacrylate Adhesives Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Methyl Methacrylate Adhesives Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2023)
11.5.3 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Methyl Methacrylate Adhesives Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2023)
12.3.3 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Methyl Methacrylate Adhesives Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 The 3M Company
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Arkema S.A
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Cedesa Ltd
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Scott Bader Company Limited
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Henkel AG & Co. KGaA
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Methyl Methacrylate Adhesives Market: Key Industry Highlights, 2018 and 2032
2. Global Methyl Methacrylate Adhesives Historical Market: Breakup by Product (USD Billion), 2018-2023
3. Global Methyl Methacrylate Adhesives Market Forecast: Breakup by Product (USD Billion), 2024-2032
4. Global Methyl Methacrylate Adhesives Historical Market: Breakup by End-Use (USD Billion), 2018-2023
5. Global Methyl Methacrylate Adhesives Market Forecast: Breakup by End-Use (USD Billion), 2024-2032
6. Global Methyl Methacrylate Adhesives Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Methyl Methacrylate Adhesives Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Methyl Methacrylate Adhesives Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Methyl Methacrylate Adhesives Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Methyl Methacrylate Adhesives Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Methyl Methacrylate Adhesives Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Methyl Methacrylate Adhesives Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Methyl Methacrylate Adhesives Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Methyl Methacrylate Adhesives Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Methyl Methacrylate Adhesives Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Methyl Methacrylate Adhesives Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Methyl Methacrylate Adhesives Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global Methyl Methacrylate Adhesives Market Structure
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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