Market Size of Methyl Methacrylate (MMA) Adhesives Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 7.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Methyl Methacrylate (MMA) Adhesives Market Analysis
The methyl methacrylate (MMA) adhesives market is expected to register a CAGR of more than 7%, during the forecast period. Major factors driving the market studied are increasing demand for lightweight and streamlined solutions, and better compatibility with metals and other special substrates. However, the high cost associated with MMA adhesives is expected to hinder the growth of the market studied.
- Among end users, the transportation segment dominated the market, and is expected to grow during the forecast period, owing to increasing automotive productionand increasing transportation infrastructure, due to increased need for mobility, with the growing population.
- Growth in the usage of MMA adhesives for transportation, aerospace, and construction applications is likely to act as an opportunity for the market, in the future.
- Asia-Pacific dominated the market across the world, with the largest consumption from countries, such as China, India, and Indonesia.
