Methyl Methacrylate Adhesives Market Size, Share & Industry Analysis, By Substrate (Metal, Plastic, Composites, Others), By Application (Automotive, & Transportation, Marine, Wind Energy, Building & Construction, General Assembly, Other) and Regional Forecast, 2024-2032

The global methyl methacrylate adhesives (MMA) market size is anticipated to grow substantially during the forecast period. Methyl methacrylate adhesives is a type of structural adhesive that is manufactured using methyl methacrylate compound. This type of structural adhesive is used to hold or join any structures together. These adhesives consist of hardener and resin which are mixed together. These adhesives improve the integrity of the arrangement and also improves the resistance to impacts and peelings.

Increasing demand for methyl methacrylate adhesives from automotive and transportation industry is one of the key factor driving the market. Increasing implementation of advanced raw materials and technologies for component manufacturing has subsequently developed need for bonding technology for joining different components together shall boost the methyl methacrylate adhesives market growth.

However, methyl methacrylate adhesive is manufactured from methyl methacrylate which often experiences fluctuation in prices. This is expected to hamper the market growth.

Methyl Methacrylate Adhesives Market Segmentation Analysis:

Based on substrate, the global methyl methacrylate adhesives market is segmented into metal, plastic, composites, and others. Based on end-user industry, MMA market is segmented into automotive, & transportation, marine, wind energy, building & construction general assembly, and other.

From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Players Covered:

• 3M


• ITW Polymer Adhesives


• H.B Fuller Company


• Sika AG


• Hunstman Corporation


• Henkel


• Others

Key Insights

• New Advancements in Production Technologies


• Key Trends in the Methyl Methacrylate Adhesives Market


• New Product Launches, Expansions, Key Players


• Ranking of Key Players in the Market

Regional Analysis:

The MMA market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is projected to be the largest and the fastest growing market. easy availability of raw materials is one of the factor driving the regional market. North America is expected to hold significant share attributed to the large manufacturing base present in U.S. Europe is expected to show substantial growth due to high demand from automotive sector. Latin America and Middle East & Africa shall exhibit sluggish growth by the end of forecast period.

Segmentation

Methyl Methacrylate Adhesives Industry Developments

• In April 2017, Sika launched Sikafast-3300 and 3350 structural methyl methacrylate adhesives for transportation and industrial assembly applications.


• In June 2016, Henkel set up an innovation centre in Shanghai, China. The Henkel Adhesives Innovation Centre (HAIC) is set up to target and expand the R&D capabilities.