Methyl Methacrylate Adhesives Market to observe USD 604.17 Mn incremental growth -- Driven by increasing demand from developing countries

2022-09-23 21:05:25 By : Mr. licon lv

NEW YORK , Sept. 20, 2022 /PRNewswire/ -- The "Methyl Methacrylate Adhesives Market by End-user and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. According to the report, the market will observe an incremental growth of USD 604.17 million , accelerating at a CAGR of 7.68% during the forecast period. The report considers various factors including the revenue generated by vendors, consumer base, retail sales of methyl methacrylate, commodity price fluctuations, and other factors to estimate the size of the market. Download PDF Sample Report

The global methyl methacrylate adhesives market is fragmented. The market comprises numerous global and regional vendors. The market witnessing an increase in the entry and growth of regional vendors, owing to rising industrialization and urbanization in developing countries such as China , India , Brazil , and Mexico . Major players are focusing on M&As to expand their business and gain access to new technologies and products. With rising R&D activities among vendors, the competition in the market is expected to intensify during the forecast period.

The increasing demand from developing countries has been instrumental in driving the growth of the market. However, stringent regulations and policies might hamper the market growth. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Technavio identifies 3M Co., Arkema S.A., Chemique Adhesives, DELO Industrie Klebstoffe GmbH and Co. KGaA, EMME ESSE M.S . Srl, Engineered Bonding Solutions LLC, H.B. Fuller Co., Henkel AG and Co.KGaA, Hernon Manufacturing, Huntsman International LLC, IPS Corp., ITW Performance Polymers, Kisling AG, L and L Products Inc., NOVA Chemicals Corp., Parker Hannifin Corp., Parson Adhesives Inc., Permabond LLC, Scott Bader Co. Ltd., and Sika AG as dominant vendors. Request Sample Report Here

The global methyl methacrylate adhesives market is segmented as below:

The automotive and transportation industry is the prime end-user in the market. The increasing use of methyl methacrylate in the production of wheel arches, bumpers, roof panels, lighting fixtures, and internal fixtures is driving the growth of the segment. The segment is also driven by the extensive use of methyl methacrylate adhesives in the aerospace industry for bonding composite materials.

55% of the market growth will originate from APAC during the forecast period. The growth of automobile, construction, and marine industries in China , India , Japan , South Korea , and Indonesia is driving the growth of the methyl methacrylate adhesives market in APAC.

Methyl Methacrylate Adhesives Market 2022-2026: Key Highlights

CAGR of the market during the forecast period 2022-2026

Detailed information on factors that will assist methyl methacrylate adhesives market growth during the next five years

Estimation of the methyl methacrylate adhesives market size and its contribution to the parent market

Predictions on upcoming trends and changes in consumer behavior

The growth of the methyl methacrylate adhesives market

Analysis of the market's competitive landscape and detailed information on vendors

Comprehensive details of factors that will challenge the growth of methyl methacrylate adhesives market vendors

Methyl Acetate Market by End-user and Geography - Forecast and Analysis 2022-2026

Methyl Isobutyl Carbinol (MIBC) Market by End-user and Geography - Forecast and Analysis 2022-2026

Methyl Methacrylate Adhesives Market Scope

Accelerate at a CAGR of 7.68%

APAC, Europe, North America, Middle East and Africa, and South America

US, China, Japan, South Korea, Germany, and France

Leading companies, competitive strategies, consumer engagement scope

3M Co., Arkema S.A., Chemique Adhesives, DELO Industrie Klebstoffe GmbH and Co. KGaA, EMME ESSE M.S. Srl, Engineered Bonding Solutions LLC, H.B. Fuller Co., Henkel AG and Co.KGaA, Hernon Manufacturing, Huntsman International LLC, IPS Corp., ITW Performance Polymers, Kisling AG, L and L Products Inc., NOVA Chemicals Corp., Parker Hannifin Corp., Parson Adhesives Inc., Permabond LLC, Scott Bader Co. Ltd., and Sika AG

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

3.4 Market outlook: Forecast for 2021-2026

5.3 Automotive and transportation - Market size and forecast 2021-2026

5.4 Construction - Market size and forecast 2021-2026

5.5 Marine - Market size and forecast 2021-2026

5.6 Others - Market size and forecast 2021-2026

7.3 APAC - Market size and forecast 2021-2026

7.4 Europe - Market size and forecast 2021-2026

7.5 North America - Market size and forecast 2021-2026

7.6 Middle East and Africa - Market size and forecast 2021-2026

7.7 South America - Market size and forecast 2021-2026

7.8 China - Market size and forecast 2021-2026

7.9 US - Market size and forecast 2021-2026

7.10 Japan - Market size and forecast 2021-2026

7.11 Germany - Market size and forecast 2021-2026

7.12 South Korea - Market size and forecast 2021-2026

7.13 France - Market size and forecast 2021-2026

8.3 Impact of drivers and challenges

10.6 Henkel AG and Co.KGaA

11.3 Currency conversion rates for US$

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/

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