Global methyl methacrylate market growth to be majorly driven by increasing demand and consumption from construction and automobile industries across the globe

Increasing demand for methyl methacrylate form the automotive, electronics, and construction industries is major factor expected to drive growth of the global methyl methacrylate market over the forecast period.

The global methyl methacrylate market report has been segmented on the basis of product, application, end-use industries, and region.

On the basis of product, the global methyl methacrylate market has been segmented into poly methyl methacrylate (PMAA), methacrylic acid (MAA), methyl methacrylate-butadiene-styrene (MBS), ethyl methacrylate (EMA), butyl methacrylate (BMA), 2-ethyl hexyl methacrylate(2-EHMA). The poly methyl methacrylate (PMAA) segment is expected to account for major share in terms of revenue in the global methyl methacrylate market. The poly methyl methacrylate (PMAA) segment revenue is also anticipated to register highest CAGR over the forecast.

On the basis of application, the global methyl methacrylate market has been segmented into transparent glass substitute, adhesive, medical implants, resin, surface coatings, and others (lenses, daylight redirection, and emulsion polymers). The adhesive segment is expected to account for significant share in the global methyl methacrylate market in terms of revenue.

On the basis of end-use industries, the global methyl methacrylate market has been segmented into construction, automotive, electronics, aviation, and others (medical, paints, and sports). The construction segment is estimated to account for major share in the global methyl methacrylate market in terms of revenue.

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On the basis of region, the global methyl methacrylate market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Asia Pacific market is estimated to dominate with significant revenue share in the global methyl methacrylate market in 2017. Asia Pacific market is anticipated to register highest CAGR in terms of revenue in next 5 years, owing to increasing demand from automobile, construction, and electronics industries in countries in this region.

Key players operating in the global market include Evonik Industries AG, DowDuPont, Inc., Sumitomo Chemical Company, Limited, Formosa Plastics Corporation, Arkema Inc., Saudi Basic Industries Corporation (SABIC), Kuraray Co., Ltd., Mitsubishi Chemical Holdings Corporation, Asahi Kasei Corporation, and Huntsman International LLC.

About the Author

Michelle Boyd
Michelle does an outstanding job, related to the Health and Medicine background. Having experience of more than 8years, have been working before with other companies related to the same field, been an expert in resolving whatever queries are being approached by the team. She likes to enjoy each and every moment of life.

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