Methacrylate Monomer Market Report: Trends, Forecast and Competitive Analysis to 2030

Methacrylate Monomer Trends and Forecast

The future of the global methacrylate monomer market looks promising with opportunities in the automotive, architecture & construction, electronic, advertisement & communication markets. The global methacrylate monomer market is expected to reach an estimated $14.8 billion by 2030 with a CAGR of 5.2% from 2024 to 2030. The major drivers for this market are growing demand for these monomers from various end use industries, such as construction, automotive, and packaging.

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Methacrylate Monomer by Segment

The study includes a forecast for the global methacrylate monomer by derivative, application, end use, and region.

Methacrylate Monomer Market by Derivative [Shipment Analysis by Value from 2018 to 2030]:

• Methyl Methacrylate
• Butyl Methacrylate
• Ethyl Methacrylate
• Others

Methacrylate Monomer Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Acrylic Sheets
• Molding
• Paints & Coatings
• Additives
• Others

Methacrylate Monomer Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Automotive
• Architecture & Construction
• Electronics
• Advertisement & Communication

Methacrylate Monomer Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Methacrylate Monomer Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies methacrylate monomer companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the methacrylate monomer companies profiled in this report include-

• Mitsubishi Chemical
• Evonik Industries
• The Dow Chemical
• Sumitomo Chemical
• LG
• Arkema
• BASF

Methacrylate Monomer Market Insights

Lucintel forecasts that molding is expected to witness highest growth over the forecast period due to its significant application in headlights and instrument clusters of cars and trucks.

Within this market, automotive is expected to witness highest growth over the forecast period due to growing utilisation of monomer in car coatings to offer long-lasting protection and a premium finish.

APAC is expected to witness highest growth over the forecast perioddue to rapidly developing industries such as plastics, coatings and adhesives in the region.

Features of the Global Methacrylate Monomer Market

Market Size Estimates: Methacrylate monomer market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Methacrylate monomer market size by derivative, application, end use, and region in terms of value ($B).

Regional Analysis: Methacrylate monomer market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different derivatives, applications, end uses, and regions for the methacrylate monomer market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the methacrylate monomer market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the methacrylate monomer market size?

Answer: The global methacrylate monomer market is expected to reach an estimated $14.8 billion by 2030.

Q.2 What is the growth forecast for methacrylate monomer market?

Answer: The global methacrylate monomer market is expected to grow with a CAGR of 5.2% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the methacrylate monomer market?

Answer: The major drivers for this market are growing demand for these monomers from various end use industries, such as construction, automotive, and packaging.

Q4. What are the major segments for methacrylate monomer market?

Answer: The future of the methacrylate monomer market looks promising with opportunities in the automotive, architecture & construction, electronic, advertisement & communication markets.

Q5. Who are the key methacrylate monomer market companies?

Answer: Some of the key methacrylate monomer companies are as follows:

• Mitsubishi Chemical
• Evonik Industries
• The Dow Chemical
• Sumitomo Chemical
• LG
• Arkema
• BASF

Q6. Which methacrylate monomer market segment will be the largest in future?

Answer: Lucintel forecasts that molding is expected to witness highest growth over the forecast period due to its significant application in headlights and instrument clusters of cars and trucks.

Q7. In methacrylate monomer market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast perioddue to rapidly developing industries such as plastics, coatings and adhesives in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the methacrylate monomer market by derivative (methyl methacrylate, butyl methacrylate, ethyl methacrylate, and others), application (acrylic sheets, molding, paints & coatings, additives, and others), end use (automotive, architecture & construction, electronics, and advertisement & communication), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?