PUBLISHER: QYResearch | PRODUCT CODE: 1866748
PUBLISHER: QYResearch | PRODUCT CODE: 1866748
The global market for Methyl Methacrylate (MMA) was estimated to be worth US$ 7629 million in 2024 and is forecast to a readjusted size of US$ 9603 million by 2031 with a CAGR of 3.4% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Methyl Methacrylate (MMA) cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Methyl Methacrylate (MMA) is a clear, flammable liquid ester that serves as one of the most important methacrylate monomers in the global chemical industry. It is primarily produced via acetone cyanohydrin (ACH), ethylene, or isobutylene-based routes, and its high reactivity makes it a versatile raw material. In 2024, global production reached approximately 4,161.9 kilotons, with an average global market price of around US$1,833 per ton. MMA's downstream applications are diverse and include polymethyl methacrylate (PMMA) for optical and construction uses, acrylate impact modifiers (ACR) for polyvinyl chloride (PVC), coatings and adhesives, as well as textile and paper finishing agents. These end-use sectors-ranging from construction and automotive to electronics and consumer goods-underpin the broad demand base for MMA. However, the very breadth of these applications has triggered a global capacity race, where established players such as Mitsubishi Chemical, Dow, Sumitomo Chemical, Rohm, and Kuraray are increasingly challenged by fast-rising Chinese producers like Wanhua Chemical, Chongqing Yixiang, and Jiangsu Sailboat.
Supply Chain Dynamics
MMA's upstream supply chain is closely tied to petrochemical intermediates such as acetone, hydrogen cyanide, isobutylene, and methanol, making producers' cost structures highly dependent on integration with refining and basic chemical assets. This explains why companies like Jilin Petrochemical leverage synergies with acrylonitrile production to lower raw material costs. On the downstream side, MMA feeds into several major consumer segments. PMMA manufacturers-including Rohm (PLEXIGLAS(R)), Mitsubishi Chemical, and Trinseo-prioritize high-purity MMA for applications in automotive glazing, LED panels, and consumer electronics. PVC producers rely on ACR impact modifiers, with Formosa Plastics and Chinese PVC giants as major buyers, requiring large volumes of MMA tailored for polymer additives. The coatings and adhesives sector, where companies like AkzoNobel, PPG, and Asian Paints are key users, emphasizes consistent quality and stable supply. Procurement characteristics differ by industry: PMMA producers seek long-term contracts due to purity requirements; PVC additive buyers are more price-sensitive and often diversify suppliers; while coatings and adhesives manufacturers value flexible logistics and regional availability. This fragmented downstream profile ensures that MMA demand is dispersed but also vulnerable to cyclical downturns in construction and automotive markets.
Market Trends
The global MMA market is undergoing a structural shift driven by overcapacity and changing regional dynamics. Although demand for PMMA, coatings, and adhesives remains stable, end-user industries such as construction and automotive are recovering slower than expected, leaving much of the new capacity underutilized. This imbalance is particularly evident in Asia. China's MMA capacity has been expanding at an average annual rate of over 18%, supported by players like Wanhua Chemical and Jiangsu Sailboat, reshaping global supply patterns. The aggressive build-out has already forced strategic exits: Asahi Kasei closed its Thailand MMA plant in late 2024 and announced in May 2025 its complete withdrawal from the MMA business, explicitly citing Chinese overcapacity as the root cause of global imbalance. For international producers such as Mitsubishi Chemical, Rohm, and Sumitomo Chemical, this has led to portfolio rationalization and greater emphasis on specialty-grade MMA rather than bulk commodity supply. Meanwhile, Chinese state-owned enterprises like Jilin Petrochemical continue to invest in new facilities, leveraging integration with upstream raw materials despite industry-wide margin compression. Looking forward, the MMA industry faces a dual challenge: balancing cost-driven capacity growth with sustainable profitability, and aligning new supply with slower-moving demand. The market's future competitiveness will depend not only on scale but also on differentiation, integration, and the ability of producers to secure stable downstream partnerships.
This report aims to provide a comprehensive presentation of the global market for Methyl Methacrylate (MMA), focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Methyl Methacrylate (MMA) by region & country, by Type, and by Application.
The Methyl Methacrylate (MMA) market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Methyl Methacrylate (MMA).
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Methyl Methacrylate (MMA) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Methyl Methacrylate (MMA) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Methyl Methacrylate (MMA) in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.