Methacrylic acid (MAA) (CAS 79-41-4) is an organic compound, abbreviated MAA. This colorless, viscous liquid is a carboxylic acid with an acrid unpleasant odor. It is soluble in warm water and miscible with most organic solvents. Methacrylic acid is produced industrially on a large scale as a precursor to its esters, especially methyl methacrylate (MMA) and poly (methyl methacrylate) (PMMA).
This report contains market size and forecasts of α-Methacrylic Acid in global, including the following market information:
Global α-Methacrylic Acid Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global α-Methacrylic Acid Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five α-Methacrylic Acid companies in 2021 (%)
The global α-Methacrylic Acid market was valued at 1216.2 million in 2021 and is projected to reach US$ 1582 million by 2028, at a CAGR of 3.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Acetone Cyanohydrin Method Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of α-Methacrylic Acid include Mitsubishi Chemical, MGC, Kuraray, LG, DuPont, Basf, Evonik, Formosa and Hefa Chem and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the α-Methacrylic Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global α-Methacrylic Acid Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global α-Methacrylic Acid Market Segment Percentages, by Type, 2021 (%)
Acetone Cyanohydrin Method
Isobutylene Oxidation Method
Global α-Methacrylic Acid Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global α-Methacrylic Acid Market Segment Percentages, by Application, 2021 (%)
Ester Synthesis
Coating Field
Adhesive Field
Textile Field
Others
Global α-Methacrylic Acid Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global α-Methacrylic Acid Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies α-Methacrylic Acid revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies α-Methacrylic Acid revenues share in global market, 2021 (%)
Key companies α-Methacrylic Acid sales in global market, 2017-2022 (Estimated), (K MT)
Key companies α-Methacrylic Acid sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Mitsubishi Chemical
MGC
Kuraray
LG
DuPont
Basf
Evonik
Formosa
Hefa Chem
Jiangsu Sanyi