Global Methyl Methacrylate Market is estimated to be valued at USD 19.65 Bn in 2025 and is expected to reach USD 33.48 Bn by 2032, growing at a compound annual growth rate (CAGR) of 7.9% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 19.65 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
7.90%
2032 Value Projection:
USD 33.48 Bn
Figure. Methyl Methacrylate Market Share (%), By Region 2025
Methyl methacrylate (MMA) is an organic compound that is widely used in the production of acrylic resins, coatings, and various acrylic products. As an important monomer in polymer chemistry, MMA is one of the key raw materials used to the manufacture polymethyl methacrylate (PMMA), which finds diverse applications ranging from automotive and construction to medical devices and consumer goods. The global methyl methacrylate market has witnessed steady growth over the past few years owing to the rising demand for PMMA from different end-use industries. Other major factors spurring the market include rapid urbanization, growth in the building & construction sector, and increasing disposable income in developing nations.
Market Dynamics:
The global methyl methacrylate market is primarily driven by the rising usage of PMMA in various applications such as automotive, construction, electronics, signs & displays, and medical sectors. PMMA exhibits several properties including optical clarity, dimensional stability, high gloss, and light weight which make it a preferred substitute for glass. However, volatility in raw material prices owing to supply chain disruptions is a major factor hindering the market growth. Moreover, rising environmental concerns due to toxic emissions from MMA production poses challenges. On the positive side, technological advancements in the production of MMA via more eco-friendly processes present significant opportunities for market players going forward.
Key Features of the Study:
This report provides in-depth analysis of the global methyl methacrylate market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year.
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global methyl methacrylate market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include BASF SE, Evonik Industries AG, Arkema Group, The Dow Chemical Company, Akzo Nobel N.V., Sumitomo Chemical Company Limited, Chi Mei Corporation, Huntsman Corporation, Kolon Industries, Karl Jungbecker GmbH & Co. KG, Dhalop Chemicals, Saudi Methacrylate Company, Vizag Chemicals, Ottokemi, and TrinSeo.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global methyl methacrylate market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global methyl methacrylate market.
Detailed Segmentation-
By Application:
Polymethyl Methacrylate (MMA)
Surface Coating
Others
By End-use Industry:
Building & Construction
Automotive
Electronics
Aerospace
Paints & Coatings
Medical
Others
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles:
BASF SE
Evonik Industries AG
Arkema Group
The Dow Chemical Company
Akzo Nobel N.V.
Sumitomo Chemical Company Limited
Chi Mei Corporation
Huntsman Corporation
Kolon Industries
Karl Jungbecker GmbH & Co. KG
Dhalop Chemicals
Saudi Methacrylate Company
Vizag Chemicals
Ottokemi
TrinSeo
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Application
Market Snippet, By End-use Industry
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER's Five Forces Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trend
4. Global Methyl Methacrylate Market - Impact of Coronavirus (COVID-19) Pandemic
Overview
Factors Affecting the Global Methyl Methacrylate Market - COVID-19
Impact Analysis
5. Global Methyl Methacrylate Market, By Application, 2020-2032 (US$ Bn)
Introduction
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Polymethyl Methacrylate (MMA)
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Surface Coating
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Others
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
6. Global Methyl Methacrylate Market, By End-use Industry, 2020-2032 (US$ Bn)
Introduction
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Building & Construction
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Automotive
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Electronics
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Aerospace
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Paints & Coatings
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Medical
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Others
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
7. Global Methyl Methacrylate Market, By Region, 2020-2032 (US$ Bn)
Introduction
Market Share Analysis, By Region, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2020 - 2032
North America
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2020 - 2032
Market Size and Forecast, By Application, 2020- 2032 (US$ Bn)
Market Size and Forecast, By End-use Industry, 2020- 2032 (US$ Bn)
Countries
U.S.
Canada
Latin America
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2020 - 2032
Market Size and Forecast, By Application, 2020- 2032 (US$ Bn)
Market Size and Forecast, By End-use Industry, 2020- 2032 (US$ Bn)
Countries
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2020 - 2032
Market Size and Forecast, By Application, 2020- 2032 (US$ Bn)
Market Size and Forecast, By End-use Industry, 2020- 2032 (US$ Bn)
Countries
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2020 - 2032
Market Size and Forecast, By Application, 2020- 2032 (US$ Bn)
Market Size and Forecast, By End-use Industry, 2020- 2032 (US$ Bn)
Countries
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East & Africa
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Country, 2020 - 2032
Market Size and Forecast, By Application, 2020- 2032 (US$ Bn)
Market Size and Forecast, By End-use Industry, 2020- 2032 (US$ Bn)