Global Methyl Methacrylate Adhesives Market 2019-2023

Some of the key findings from our methyl methacrylate adhesives market forecast report are summarized below

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Global methyl methacrylate adhesives industry overview

The characteristics of methyl methacrylate (MMA) adhesives such as high bond strength, better impact resistance, and ease of use makes it more preferable than other adhesives in various application of several end-user industries including marine, transportation, and construction. The polymers of methyl methacrylate adhesives exhibit high crosslinking at room temperature which enhances its chemical resistance and strength. It also has lower surface preparation and substrate abrasion requirement than other adhesives which enables optimum bonding with plastic, composites, and metal substrates. Hence, the better performance and characteristics of methyl methacrylate adhesives are one of the major factors contributing to its high demand from end-user industries.

Technological advancements, government initiatives, the growing preference for renewable energy, and the declining cost of wind power and wind turbine components are some of the major factors driving the global wind energy market. This has resulted in increasing private investments in wind energy projects and an increase in the number of wind turbine installations. Since MMA adhesives are widely used to bond composite materials for turbine rotor blades, nacelle assemblies, towers, and gearboxes, the increasing preference for renewable energy is expected to boost market growth at a CAGR of over 7% during the forecast period.

Top companies covered in the methyl methacrylate adhesives market research report

The global methyl methacrylate adhesives market is moderately fragmented and as the market is in its growth phase, the competition among companies is intense. To help clients improve their revenue shares in the market, the research report provides an analysis of the market's competitive landscape and contains information on the products offered by various leading companies. Additionally, the market analysis report suggests strategies companies can follow and recommends key areas they should focus on, in order to make the most of upcoming growth opportunities.

The report offers a detailed analysis of several leading companies including:

• 3M
• Arkema
• H.B. Fuller 
• Henkel
• Huntsman International 
• Sika

Methyl methacrylate adhesives market segmentation based on end-user

• Automotive and transportation
• Construction
• Marine
• Others

The automotive and transportation segment will account for the highest share in the methyl methacrylate adhesives market because of its extensive use for bonding composite materials and plastics in the automotive and aerospace industry. Additionally, the report also provides an accurate prediction of the contribution of various segments to the growth of the MMA adhesives market size.

Methyl methacrylate adhesives market segmentation based on geographic region

• APAC
• Europe
• North America
• South America
• The Middle East and Africa

With a complete study of the growth opportunities for the companies, it has been identified that the APAC region will account for the highest growth of the methyl methacrylate adhesives market throughout the forecast period. The growth of end-user industries such as automobile, marine and construction industries in the countries of APAC will drive MMA market growth in the region.

Key highlights of the global methyl methacrylate adhesives market for the forecast years 2019-2023:

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will accelerate the growth of the methyl methacrylate adhesives market during the next five years
• Precise estimation of the global methyl methacrylate adhesives market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the industry across APAC, Europe, North America, South America, Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information on several vendors
• Comprehensive details of factors that will challenge the growth of the companies 

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