Methyl Methacrylate (MMA) Adhesives Market - Global Industry Analysis

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Methyl methacrylate (MMA) adhesives are fundamental adhesives developed to bond metals, plastics, and composites. MMA adhesives are tough, flexible, and easy to use.

The global methyl methacrylate (MMA) adhesives market is likely to experience significant growth in the upcoming years. This can be attributed to the growing product demand, especially in the automotive and transportation, building and construction, marine, wind energy, general assembly end-use industries in emerging economies. Methyl methacrylate adhesives are lightweight and offer streamlined solutions, which are further expected to increase their market demand in the years to come. However, the volatile raw material costs might hamper the methyl methacrylate (MMA) adhesives market. Nevertheless, the growing popularity of eco-friendly, non-toxic, and sustainable adhesives are likely to create new growth opportunities for the major players operating in the methyl methacrylate (MMA) adhesives market on a global scale.

Based on the substrate, the global methyl methacrylate (MMA) adhesives market is divided into metal, plastic, composite, and others. In 2017, composites dominated the methyl methacrylate (MMA) adhesives market and held a significant share. Based on end-use, the global methyl methacrylate (MMA) adhesives market is mainly segmented into automotive and transportation, building and construction, marine, wind energy, general assembly, and others. In 2017, the automotive and transportation industry dominated the global methyl methacrylate (MMA) adhesives market. 

By region, the methyl methacrylate (MMA) adhesives market is divided into North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. In 2017, Asia Pacific was the largest market for methyl methacrylate (MMA) adhesives, mainly due to the huge product demand by the region’s marine, automotive and transportation, and wind energy sectors. Moreover, Asia Pacific is anticipated to be the fastest growing market for methyl methacrylate (MMA) adhesives over the next few years, owing to the increasing demand for methyl methacrylate (MMA) adhesives, especially for automotive and transportation and construction industries. The methyl methacrylate (MMA) adhesives market growth in Europe and North America is expected to be high in the future. The Latin American and the Middle Eastern and African markets are projected to witness massive growth over the forecast time period, owing to the huge investments made by the international players in methyl methacrylate (MMA) adhesives projects.

The major vendors of the global methyl methacrylate (MMA) adhesives market include The 3M Company, Arkema, Illinois Tool Works Inc., Lord Corporation, Scott Bader, SCIGRIP, Henkel AG & Company, Lord Corporation, Parsons Adhesives, Inc., Permabond LLC, and Huntsman Corporation, among others.