Global Methyl Methacrylate (MMA) Adhesives Market Outlook to 2027
Methyl Methacrylate (MMA) Adhesives is a form of acrylic adhesive made from resin and hardener with the help of rubber and other similar strengthening agents, which can cure ambient temperature and provide full bond strength soon after application. According to BlueQuark Research & Consulting, the global Methyl Methacrylate Adhesives market is expected to witness a significant growth rate during the forecasted period. Factors like the increasing demand for Methyl Methacrylate Adhesives from the Automotive industry due to its ability to bond with various substrates are expected to drive the global Methyl Methacrylate Adhesives market. Further, the increasing demand for Methyl Methacrylate Adhesives in the Building & Construction industry due to their properties like excellent durability, weather resistance are expected to propel the future Methyl Methacrylate Adhesives market. Moreover, the surging demand for Methyl Methacrylate Adhesives in the Wind Energy industry due to its ability high temperature, electrical insulation, etc., is expected to drive the global Methyl Methacrylate Adhesives market. However, factors like the volatile price of the raw materials are restraining the growth of the global Methyl Methacrylate Adhesives market.
Methyl Methacrylate Adhesives are used in bumpers, roofs, deflectors, composite tanks, blades, interior body panel structures, car seats, and instrument panels of cars, rails, buses, trucks, and tanks, etc.
The Primary use of Methyl Methacrylate Adhesives is in the Automotive Industry. There has been a remarkable increase in the usage of Methyl Methacrylate Adhesives in the Automotive industry due to its desirable properties like high tension strength, excellent impact and peel strength, high toughness & flexibility, temperature resistance, fatigue resistance, etc., thereby driving the global Methyl Methacrylate Adhesives market. MMA adhesives offer benefits over other adhesives by bonding with materials having different strengths and coefficients of thermal expansion, distributing the load evenly to the entire bonding area. Further, increasing demand for lightweight, energy-efficient, and high-performance vehicles across the globe is considered primary drivers for MMA Adhesives, thereby driving the growth of the global Methyl Methacrylate market. Furthermore, factors like the usage of MMA Adhesives in the manufacturing of automobiles, as they have the ability to improve the durability, aesthetics as well as reduce the overall weight of vehicles, thereby elevating fuel efficiency and limiting carbon emissions and overall cost, are projected to drive the growth of the Methyl Methacrylate Adhesives Market. Manufacturers have also started investing in research & development to produce more innovative, cost-effective, high-performance products. These are the factors projected to drive the growth of the Global Methyl Methacrylate Adhesives market.
Some of the market's key players are3M,The Arkema Group,Henkel AG,Parson,Permabond, andScigrip, among others.
The Asia-Pacific region is expected to be a market leader in the future as it is one of the fastest-growing markets for Methyl Methacrylate Adhesives. Factors like increasing population, increase in growing income families, young population, and demand in the domestic and regional markets have elevated the demand for Methyl Methacrylate Adhesives in these regions, thereby driving the market in the Asia-Pacific region. China and India are the primary consumers in Asia-Pacific Region, with China holding a large economic GDP. Further, factors like the growing popularity of non-hazardous, green, and sustainable adhesives are estimated to drive the Methyl Methacrylate market. Moreover, there has been an increase in usage of MMA adhesives in various building applications like windows, uPVC doors, canopies, panels, architectural components, etc., owing to its properties like UV resistance, high transparency, surface hardness, light transmission, heat insulation, thereby driving the growth of Methyl Methacrylate market. Methyl Methacrylate adhesives have been used in the Wind Energy industry as it offers high strength & temperature resistance and also reduce the noise of wind blades and turbines. Factors like these have made Asia-Pacific an essential scope for the global Methyl Methacrylate Adhesives market.
In Dec 2020,Arkemaannounced the divestment of its PMMA business to Trinseo.
In Oct 2021,DFCPCompletes Acquisition of Unichem.
Global Methyl Methacrylate Adhesives Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Methyl Methacrylate Adhesives market by segmenting based by Substrate Type (Metal, Plastic, Wood, Composite & Others), by End-User Type (Automotive, Building & Construction, Wind Energy, Marine, General Assembly & Others). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers and includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.
Methyl Methacrylate Adhesives are used in bumpers, roofs, deflectors, composite tanks, blades, interior body panel structures, car seats, and instrument panels of cars, rails, buses, trucks, and tanks, etc.
The Primary use of Methyl Methacrylate Adhesives is in the Automotive Industry. There has been a remarkable increase in the usage of Methyl Methacrylate Adhesives in the Automotive industry due to its desirable properties like high tension strength, excellent impact and peel strength, high toughness & flexibility, temperature resistance, fatigue resistance, etc., thereby driving the global Methyl Methacrylate Adhesives market. MMA adhesives offer benefits over other adhesives by bonding with materials having different strengths and coefficients of thermal expansion, distributing the load evenly to the entire bonding area. Further, increasing demand for lightweight, energy-efficient, and high-performance vehicles across the globe is considered primary drivers for MMA Adhesives, thereby driving the growth of the global Methyl Methacrylate market. Furthermore, factors like the usage of MMA Adhesives in the manufacturing of automobiles, as they have the ability to improve the durability, aesthetics as well as reduce the overall weight of vehicles, thereby elevating fuel efficiency and limiting carbon emissions and overall cost, are projected to drive the growth of the Methyl Methacrylate Adhesives Market. Manufacturers have also started investing in research & development to produce more innovative, cost-effective, high-performance products. These are the factors projected to drive the growth of the Global Methyl Methacrylate Adhesives market.
Some of the market's key players are3M,The Arkema Group,Henkel AG,Parson,Permabond, andScigrip, among others.
The Asia-Pacific region is expected to be a market leader in the future as it is one of the fastest-growing markets for Methyl Methacrylate Adhesives. Factors like increasing population, increase in growing income families, young population, and demand in the domestic and regional markets have elevated the demand for Methyl Methacrylate Adhesives in these regions, thereby driving the market in the Asia-Pacific region. China and India are the primary consumers in Asia-Pacific Region, with China holding a large economic GDP. Further, factors like the growing popularity of non-hazardous, green, and sustainable adhesives are estimated to drive the Methyl Methacrylate market. Moreover, there has been an increase in usage of MMA adhesives in various building applications like windows, uPVC doors, canopies, panels, architectural components, etc., owing to its properties like UV resistance, high transparency, surface hardness, light transmission, heat insulation, thereby driving the growth of Methyl Methacrylate market. Methyl Methacrylate adhesives have been used in the Wind Energy industry as it offers high strength & temperature resistance and also reduce the noise of wind blades and turbines. Factors like these have made Asia-Pacific an essential scope for the global Methyl Methacrylate Adhesives market.
In Dec 2020,Arkemaannounced the divestment of its PMMA business to Trinseo.
In Oct 2021,DFCPCompletes Acquisition of Unichem.
Global Methyl Methacrylate Adhesives Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Methyl Methacrylate Adhesives market by segmenting based by Substrate Type (Metal, Plastic, Wood, Composite & Others), by End-User Type (Automotive, Building & Construction, Wind Energy, Marine, General Assembly & Others). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers and includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.
1. Executive Summary
2. Research Scope and Methodology
2.1 Aim & Objective of the study
2.2 Market Definition
2.3 Study Information
2.4 General Study Assumptions
2.5 Research Phases
3. Market Analysis
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.2 Restraints
3.3 Market Trends & Developments
3.4 Market Opportunities
3.5 Regulatory Policies
3.6 Analysis of Covid-19 Impact
4. Industry Analysis
4.1 Supply Chain Analysis
4.2 Porter's Five Forces Analysis
4.2.1 Competition in the Industry
4.2.2 Potential of New Entrants into the Industry
4.2.3 Bargaining Power of Suppliers
4.2.4 Bargaining Power of Consumers
4.2.5 Threat of substitute products
5. Market Segmentation & Forecast
5.1 By Product Type
5.1.1 Metal
5.1.2 Plastic
5.1.3 Wood
5.1.4 Composite
5.1.5 Others
5.2 By End-User Industries
5.2.1 Automotive
5.2.2 Building & Construction
5.2.3 Wind Energy
5.2.4 Marine
5.2.5 General Assembly
5.2.6 Others
6. Regional Market Analysis
6.1 North America
6.1.1 United States
6.1.2 Canada
6.1.3 Mexico
6.2 Europe
6.2.1 Germany
6.2.2 United Kingdom
6.2.3 Italy
6.2.4 France
6.2.5 Spain
6.2.6 Rest of Europe
6.3 Asia-Pacific
6.3.1 China
6.3.2 India
6.3.3 Japan
6.3.4 South Korea
6.3.5 Rest of Asia-Pacific
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 South Africa
6.5.2 Saudi Arabia
6.5.3 Rest of Middle East & Africa
7. Key Company Profiles
7.1 3M Company
7.2 Adirondack Specialty Adhesives
7.3 Advanced Adhesive Technologies Inc.
7.4 Arkema Group (Bostik SA)
7.5 Henkel AG & Co. KGaA
7.6 Parson Adhesives Inc.
7.7 Scigrip Smart Adhesives Solutions
7.8 Permabond LLC
7.9 Savare Specialty Adhesives LLC
7.10 Sika AG
7.11 Worthen Industries
7.12
Dow Chemical Company
7.13
H.B. Fuller Company
7.14
Huntsmen Corporation
7.15
Icon Group.
7.16
Pidilite Industries Ltd
7.17
tesa SE
* List of companies is not
exhaustive
8. Competitive Landscape
8.1 List of Notable Players in the Market
8.2 M&A, JV, and Agreements
8.3 Market Share Analysis
8.4 Strategies of Key Players
9. Conclusions and Recommendations
2. Research Scope and Methodology
2.1 Aim & Objective of the study
2.2 Market Definition
2.3 Study Information
2.4 General Study Assumptions
2.5 Research Phases
3. Market Analysis
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.2 Restraints
3.3 Market Trends & Developments
3.4 Market Opportunities
3.5 Regulatory Policies
3.6 Analysis of Covid-19 Impact
4. Industry Analysis
4.1 Supply Chain Analysis
4.2 Porter's Five Forces Analysis
4.2.1 Competition in the Industry
4.2.2 Potential of New Entrants into the Industry
4.2.3 Bargaining Power of Suppliers
4.2.4 Bargaining Power of Consumers
4.2.5 Threat of substitute products
5. Market Segmentation & Forecast
5.1 By Product Type
5.1.1 Metal
5.1.2 Plastic
5.1.3 Wood
5.1.4 Composite
5.1.5 Others
5.2 By End-User Industries
5.2.1 Automotive
5.2.2 Building & Construction
5.2.3 Wind Energy
5.2.4 Marine
5.2.5 General Assembly
5.2.6 Others
6. Regional Market Analysis
6.1 North America
6.1.1 United States
6.1.2 Canada
6.1.3 Mexico
6.2 Europe
6.2.1 Germany
6.2.2 United Kingdom
6.2.3 Italy
6.2.4 France
6.2.5 Spain
6.2.6 Rest of Europe
6.3 Asia-Pacific
6.3.1 China
6.3.2 India
6.3.3 Japan
6.3.4 South Korea
6.3.5 Rest of Asia-Pacific
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 South Africa
6.5.2 Saudi Arabia
6.5.3 Rest of Middle East & Africa
7. Key Company Profiles
7.1 3M Company
7.2 Adirondack Specialty Adhesives
7.3 Advanced Adhesive Technologies Inc.
7.4 Arkema Group (Bostik SA)
7.5 Henkel AG & Co. KGaA
7.6 Parson Adhesives Inc.
7.7 Scigrip Smart Adhesives Solutions
7.8 Permabond LLC
7.9 Savare Specialty Adhesives LLC
7.10 Sika AG
7.11 Worthen Industries
7.12
Dow Chemical Company
7.13
H.B. Fuller Company
7.14
Huntsmen Corporation
7.15
Icon Group.
7.16
Pidilite Industries Ltd
7.17
tesa SE
* List of companies is not
exhaustive
8. Competitive Landscape
8.1 List of Notable Players in the Market
8.2 M&A, JV, and Agreements
8.3 Market Share Analysis
8.4 Strategies of Key Players
9. Conclusions and Recommendations
LIST OF TABLES
Global Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
North America Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
United States Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Canada Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Mexico Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Europe Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
United Kingdom Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Germany Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Italy Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
France Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Other Supporting Charts
Rest of Europe Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
South America Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Brazil Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Argentina Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Rest of South America Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Asia-Pacific Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
China Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
India Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Japan Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
South Korea Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Rest of Asia-Pacific Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Middle East & Africa Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Saudi Arabia Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
South Africa Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Rest of Middle-East & Africa Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Global Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
North America Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
United States Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Canada Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Mexico Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Europe Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
United Kingdom Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Germany Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Italy Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
France Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Other Supporting Charts
Rest of Europe Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
South America Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Brazil Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Argentina Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Rest of South America Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Asia-Pacific Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
China Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
India Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Japan Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
South Korea Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Rest of Asia-Pacific Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Middle East & Africa Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Saudi Arabia Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
South Africa Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
Rest of Middle-East & Africa Methyl Methacrylate Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2016-2026
