PUBLISHER: The Business Research Company | PRODUCT CODE: 1668409
PUBLISHER: The Business Research Company | PRODUCT CODE: 1668409
Methyl methacrylate adhesives are acrylic adhesives comprising resin and a hardener, often containing rubber and additional strengthening agents. These adhesives are versatile and find applications in bonding magnets on electric motors and loudspeakers.
The main types of methyl methacrylate adhesives include water-based, solvent-based, and other variations. Water-based adhesives consist of a mixture of water, polymers, and additives, offering a durable bond comparable to or even better than solvent-based options. Water-based methyl methacrylate adhesives are structural adhesives composed of a water-based resin system and a catalyst. They can be used on various substrates such as metal, plastics, composites, and others, making them suitable for applications in automotive and transportation, building and construction, marine, wind energy, general assembly, and more.
The methyl methacrylate adhesives market research report is one of a series of new reports from The Business Research Company that provides methyl methacrylate adhesives market statistics, including methyl methacrylate adhesives industry global market size, regional shares, competitors with an methyl methacrylate adhesives market share, detailed methyl methacrylate adhesives market segments, market trends and opportunities, and any further data you may need to thrive in the methyl methacrylate adhesives industry. This methyl methacrylate adhesives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The methyl methacrylate adhesives market size has grown strongly in recent years. It will grow from$1.67 billion in 2024 to $1.79 billion in 2025 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to increased industrial applications, growth in automotive production, demand for lightweight materials, repair and maintenance activities, versatility in bonding substrates
The methyl methacrylate adhesives market size is expected to see strong growth in the next few years. It will grow to $2.58 billion in 2029 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to focus on sustainable adhesives, innovation in aerospace applications, rapid prototyping and assembly, increasing investments in infrastructure, expansion of renewable energy projects. Major trends in the forecast period include digitalization and smart manufacturing, customization and tailored solutions, strategic partnerships and acquisitions, advancements in formula and technology, wind energy installations.
The robust building and construction industry are poised to drive the future growth of the methyl methacrylate adhesives market. This industry encompasses activities related to the construction of residential, farm, industrial, commercial, or other structures. Methyl methacrylate adhesives find essential applications in construction equipment and trucks, including side and roof panels, door panels, and aerodynamic parts. Their substantial use in the construction sector is evident, with the United States Census Bureau reporting a seasonally adjusted yearly increase of 13.8% in privately owned housing units, reaching 1,524,000 in February 2023. Hence, the thriving building and construction industry is a significant driver of the methyl methacrylate adhesives market.
The rising demand for electric vehicles is anticipated to contribute to the growth of the methyl methacrylate adhesives market. Electric vehicles (EVs) rely on electric motors rather than traditional internal combustion engines. Methyl methacrylate (MMA) adhesives play a vital role in the production of electric vehicles, providing durability against high stresses and vibrations, ensuring structural integrity, and contributing to overall weight reduction. As highlighted in the Global EV Outlook 2023 report by the International Energy Agency, the number of electric vehicles on the road surged by 60%, reaching 26 million in 2022, with electric cars constituting 14% of total car sales. Thus, the increasing demand for electric vehicles is a driving force behind the growth of the methyl methacrylate adhesives market.
Product innovations are becoming significant trends in the methyl methacrylate (MMA) adhesives market. Companies in this sector are introducing innovative solutions to maintain their competitive edge. For example, in March 2022, ITW Performance Polymers, a US-based chemical manufacturer, launched Plexus MA8105, a next-generation MMA adhesive designed for structural bonding across metals, plastics, and composites. Known as the "utility knife" of MMA adhesives, Plexus MA8105 is notable for its versatility, ease of use, and rapid working time, achieving initial bond strength within 12 to 15 minutes. One of its main advantages is minimal surface preparation, making it ideal for applications where speed and efficiency are critical. Additionally, Plexus MA8105 features a significantly reduced odor profile, enhancing user comfort during application. It also demonstrates excellent environmental resistance, maintaining strong adhesion even in extreme temperatures. Importantly, its shear strength at elevated temperatures (up to 180°F or 82°C) is nearly double that of some competitors. With its quick curing time, strong adhesion, and broad material compatibility, Plexus MA8105 serves as an essential tool for professionals seeking reliable, high-performance bonding solutions.
Major companies in the methyl methacrylate (MMA) adhesives market are concentrating on developing advanced adhesive technologies to improve bonding performance, reduce curing times, and enhance durability across various industries. These innovations are particularly aimed at sectors such as automotive, aerospace, and construction, where strong and reliable bonding is crucial for lightweight materials and high-stress applications. For instance, in February 2023, SCIGRIP Adhesives Ltd, a UK-based structural adhesives manufacturer, launched two new products: SCIGRIP SG400LSE and SCIGRIP SG800. The SCIGRIP SG400LSE is a two-component adhesive specifically designed for bonding low surface energy (LSE) materials like polypropylene (PP) and polyethylene (PE), eliminating the need for primers or extensive surface preparation. With a curing time of under 24 hours, it enables fast production turnaround and forms strong bonds with metals and plastics, making it ideal for harsh environments. The SCIGRIP SG800 line includes two variants, SG800-05 and SG800-15, tailored for transportation and industrial applications. These adhesives provide excellent heat and impact resistance, with SG800-15 offering an extended fixture time of 15 minutes, suitable for more complex assembly processes. They can withstand continuous temperatures up to 149°C and intermittent peaks of 204°C. SCIGRIP's innovations highlight its commitment to addressing the evolving needs of manufacturers with efficient and durable adhesive solutions across multiple sectors.
In September 2024, IPSA, a US-based manufacturer of structural and surfacing adhesives, acquired L&L Products for an undisclosed amount. This acquisition is intended to strengthen IPSA's existing MMA-based product offerings, enhancing its capacity to deliver innovative solutions, particularly for lightweight applications and bonding dissimilar materials across various industries, including transportation and construction. L&L Products is a US-based biotechnology company that specializes in manufacturing methyl methacrylate adhesives.
Major companies operating in the methyl methacrylate adhesives market include 3M Company, H.B. Fuller Company, Huntsman Corporation, Sika AG, Henkel AG & Company KGaA, Arkema SA, Scott Bader Company Ltd., Permabond LLC, Parson Adhesives Inc., Lord Corporation, SCIGRIP Smarter Adhesive Solutions, ITW Polymer Adhesives, Kisling AG, Chemique Adhesives Inc., Master Bond Inc., AEC Polymers, Cyberbond LLC, Matrix Composite Materials Company Ltd., Ulbrich Group, L&L Products, Panacol-Elosol GmbH, Adhere Industrial Tapes Ltd., Adhesives Research Inc., Dymax Corporation, Hernon Manufacturing Inc., Pidilite Industries, Royal Adhesives & Sealants, Toagosei Co. Ltd., Wisdom Adhesives Worldwide
Asia-pacific was the largest region in the methyl methacrylate adhesives market in 2024. North America is expected to be the fastest-growing region in the global methyl methacrylate adhesives market during the forecast period. The regions covered in the methyl methacrylate adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the methyl methacrylate adhesives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The methyl methacrylate adhesives market consists of sales of adhesives that bond with substrate materials including magnets, glass, and wood. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Methyl Methacrylate Adhesives Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on methyl methacrylate adhesives market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for methyl methacrylate adhesives ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The methyl methacrylate adhesives market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.