Global Methyl Methacrylate (MMA) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Production Type;

Chemical Synthesis and Recycling & Reclaiming

By Feedstock;

Acetone, Ethylene, Methanol, Isobutylene, and Others

By Application;

Chemical Intermediates, Surface Coating & Adhesives, and Emulsion Polymers

By End-User;

Construction, Automotive, Electronics, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn289289628 Published Date: May, 2025 Updated Date: June, 2025

Methyl Methacrylate (MMA) Market Overview

Methyl Methacrylate (MMA) Market (USD Million)

Methyl Methacrylate (MMA) Market was valued at USD 11,097.20 million in the year 2024. The size of this market is expected to increase to USD 15,719.28 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.1%.


Global Methyl Methacrylate (MMA) Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 5.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.1 %
Market Size (2024)USD 11,097.20 Million
Market Size (2031)USD 15,719.28 Million
Market ConcentrationMedium
Report Pages354
11,097.20
2024
15,719.28
2031

Major Players

  • Mitsubishi Chemical Corporation
  • Sumitomo Chemicals Co
  • Evonik Industries AG

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Methyl Methacrylate (MMA) Market

Fragmented - Highly competitive market without dominant players


The Methyl Methacrylate (MMA) Market is undergoing dynamic transformation as demand continues to rise across diverse industrial applications such as construction, automotive, and electronics. MMA plays a pivotal role in the production of polymethyl methacrylate (PMMA), a high-performance plastic known for its strength and clarity. With usage rising by over 4%, MMA is increasingly favored due to its lightweight and weather-resistant properties.

Key Growth Drivers
The demand for lightweight and high-durability materials is a significant factor propelling MMA consumption. Its use in automotive and aerospace manufacturing helps reduce fuel consumption and emissions. The market has experienced growth exceeding 5% as MMA-based coatings and adhesives gain popularity for their superior performance. Its resistance to UV degradation and transparency makes it a preferred material in multiple high-tech applications.

Technological Advancements
Innovations in sustainable production are shaping the MMA industry, with manufacturers moving towards bio-based alternatives and greener technologies. The implementation of recyclable catalysts and closed-loop systems has improved production efficiency by nearly 6%. These efforts are lowering manufacturing costs while aligning with global environmental goals, enhancing the market’s competitiveness.

Future Outlook
With innovation and demand working in tandem, the MMA market is forecast to grow at a steady pace, supported by over 7% expansion in advanced applications. Usage in medical technologies, display screens, and renewable energy components highlights the evolving scope of MMA. As production processes become more sustainable and efficient, the market is poised for long-term growth and value generation.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Production Type
    2. Market Snapshot, By Feedstock
    3. Market Snapshot, By Application
    4. Market Snapshot, By End-User
    5. Market Snapshot, By Region
  4. Methyl Methacrylate (MMA) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Demand in Automotive and Construction Industries
        2. Increasing Applications in Medical Devices and Healthcare
        3. Rising Use in Paints and Coatings
        4. Technological Advancements in Production Methods

      2. Restraints
        1. Volatility in Raw Material Prices
        2. Environmental and Health Concerns
        3. Regulatory Challenges and Compliance
      3. Opportunities
        1. Expanding Use in Emerging Markets
        2. Development of Bio-based MMA
        3. Growing Demand for Sustainable and Eco-friendly Products
        4. Innovations in MMA Polymer Applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Methyl Methacrylate (MMA) Market, By Production Type, 2021 - 2031 (USD Million)
      1. Chemical Synthesis
      2. Recycling and Reclaiming
    2. Methyl Methacrylate (MMA) Market, By Feedstock, 2021 - 2031 (USD Million)
      1. Acetone
      2. Ethylene
      3. Methanol
      4. Isobutylene
      5. Others (Includes PMMA Scrap)
    3. Methyl Methacrylate (MMA) Market, By Application, 2021 - 2031 (USD Million)

      1. Chemical Intermediates

      2. Surface Coating & Adhesives

      3. Emulsion Polymers

    4. Methyl Methacrylate (MMA) Market, By End-User, 2021 - 2031 (USD Million)
      1. Construction
      2. Automotive
      3. Electronics
      4. Others
    5. Methyl Methacrylate (MMA) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Mitsubishi Chemical Corporation
      2. Röhm GmbH
      3. The Dow Chemical Company
      4. Sumitomo Chemical Co., Ltd.
      5. Arkema S.A.
      6. Evonik Industries AG
      7. BASF SE
      8. Lucite International
      9. Asahi Kasei Corporation
      10. Kuraray Co., Ltd.
  7. Analyst Views
  8. Future Outlook of the Market