Abstract
Summary
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).
LPI (LP Information)' newest research report, the “α-Methacrylic Acid Industry Forecast” looks at past sales and reviews total world α-Methacrylic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected α-Methacrylic Acid sales for 2023 through 2029. With α-Methacrylic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world α-Methacrylic Acid industry.
This Insight Report provides a comprehensive analysis of the global α-Methacrylic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on α-Methacrylic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global α-Methacrylic Acid market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for α-Methacrylic Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global α-Methacrylic Acid.
The global α-Methacrylic Acid market size is projected to grow from US$ 1156.3 million in 2022 to US$ 1537 million in 2029; it is expected to grow at a CAGR of 1537 from 2023 to 2029.
The major players in global Methacrylic Acid (MAA) (CAS 79-41-4) market include Mitsubishi Chemical, LG, Evonik, etc. The top 3 players occupy about 50% shares of the global market. China and Europe are main markets, they occupy about 45% of the global market. Isobutylene Oxidation Method is the main type, with a share about 70%. Ester Synthesis is the main application, which holds a share about 60%.
This report presents a comprehensive overview, market shares, and growth opportunities of α-Methacrylic Acid market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Acetone Cyanohydrin Method
Isobutylene Oxidation Method
Segmentation by application
Ester Synthesis
Coating Field
Adhesive Field
Textile Field
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Mitsubishi Chemical
MGC
Kuraray
LG
DuPont
Basf
Evonik
Formosa
Hefa Chem
Jiangsu Sanyi
Key Questions Addressed in this Report
What is the 10-year outlook for the global α-Methacrylic Acid market?
What factors are driving α-Methacrylic Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do α-Methacrylic Acid market opportunities vary by end market size?
How does α-Methacrylic Acid break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
LPI (LP Information)' newest research report, the “α-Methacrylic Acid Industry Forecast” looks at past sales and reviews total world α-Methacrylic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected α-Methacrylic Acid sales for 2023 through 2029. With α-Methacrylic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world α-Methacrylic Acid industry.
This Insight Report provides a comprehensive analysis of the global α-Methacrylic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on α-Methacrylic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global α-Methacrylic Acid market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for α-Methacrylic Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global α-Methacrylic Acid.
The global α-Methacrylic Acid market size is projected to grow from US$ 1156.3 million in 2022 to US$ 1537 million in 2029; it is expected to grow at a CAGR of 1537 from 2023 to 2029.
The major players in global Methacrylic Acid (MAA) (CAS 79-41-4) market include Mitsubishi Chemical, LG, Evonik, etc. The top 3 players occupy about 50% shares of the global market. China and Europe are main markets, they occupy about 45% of the global market. Isobutylene Oxidation Method is the main type, with a share about 70%. Ester Synthesis is the main application, which holds a share about 60%.
This report presents a comprehensive overview, market shares, and growth opportunities of α-Methacrylic Acid market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Acetone Cyanohydrin Method
Isobutylene Oxidation Method
Segmentation by application
Ester Synthesis
Coating Field
Adhesive Field
Textile Field
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Mitsubishi Chemical
MGC
Kuraray
LG
DuPont
Basf
Evonik
Formosa
Hefa Chem
Jiangsu Sanyi
Key Questions Addressed in this Report
What is the 10-year outlook for the global α-Methacrylic Acid market?
What factors are driving α-Methacrylic Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do α-Methacrylic Acid market opportunities vary by end market size?
How does α-Methacrylic Acid break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global α-Methacrylic Acid Annual Sales 2018-2029
2.1.2 World Current & Future Analysis for α-Methacrylic Acid by Geographic Region, 2018, 2022 & 2029
2.1.3 World Current & Future Analysis for α-Methacrylic Acid by Country/Region, 2018, 2022 & 2029
2.2 α-Methacrylic Acid Segment by Type
2.2.1 Acetone Cyanohydrin Method
2.2.2 Isobutylene Oxidation Method
2.3 α-Methacrylic Acid Sales by Type
2.3.1 Global α-Methacrylic Acid Sales Market Share by Type (2018-2023)
2.3.2 Global α-Methacrylic Acid Revenue and Market Share by Type (2018-2023)
2.3.3 Global α-Methacrylic Acid Sale Price by Type (2018-2023)
2.4 α-Methacrylic Acid Segment by Application
2.4.1 Ester Synthesis
2.4.2 Coating Field
2.4.3 Adhesive Field
2.4.4 Textile Field
2.4.5 Others
2.5 α-Methacrylic Acid Sales by Application
2.5.1 Global α-Methacrylic Acid Sale Market Share by Application (2018-2023)
2.5.2 Global α-Methacrylic Acid Revenue and Market Share by Application (2018-2023)
2.5.3 Global α-Methacrylic Acid Sale Price by Application (2018-2023)
3 Global α-Methacrylic Acid by Company
3.1 Global α-Methacrylic Acid Breakdown Data by Company
3.1.1 Global α-Methacrylic Acid Annual Sales by Company (2018-2023)
3.1.2 Global α-Methacrylic Acid Sales Market Share by Company (2018-2023)
3.2 Global α-Methacrylic Acid Annual Revenue by Company (2018-2023)
3.2.1 Global α-Methacrylic Acid Revenue by Company (2018-2023)
3.2.2 Global α-Methacrylic Acid Revenue Market Share by Company (2018-2023)
3.3 Global α-Methacrylic Acid Sale Price by Company
3.4 Key Manufacturers α-Methacrylic Acid Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers α-Methacrylic Acid Product Location Distribution
3.4.2 Players α-Methacrylic Acid Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for α-Methacrylic Acid by Geographic Region
4.1 World Historic α-Methacrylic Acid Market Size by Geographic Region (2018-2023)
4.1.1 Global α-Methacrylic Acid Annual Sales by Geographic Region (2018-2023)
4.1.2 Global α-Methacrylic Acid Annual Revenue by Geographic Region (2018-2023)
4.2 World Historic α-Methacrylic Acid Market Size by Country/Region (2018-2023)
4.2.1 Global α-Methacrylic Acid Annual Sales by Country/Region (2018-2023)
4.2.2 Global α-Methacrylic Acid Annual Revenue by Country/Region (2018-2023)
4.3 Americas α-Methacrylic Acid Sales Growth
4.4 APAC α-Methacrylic Acid Sales Growth
4.5 Europe α-Methacrylic Acid Sales Growth
4.6 Middle East & Africa α-Methacrylic Acid Sales Growth
5 Americas
5.1 Americas α-Methacrylic Acid Sales by Country
5.1.1 Americas α-Methacrylic Acid Sales by Country (2018-2023)
5.1.2 Americas α-Methacrylic Acid Revenue by Country (2018-2023)
5.2 Americas α-Methacrylic Acid Sales by Type
5.3 Americas α-Methacrylic Acid Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC α-Methacrylic Acid Sales by Region
6.1.1 APAC α-Methacrylic Acid Sales by Region (2018-2023)
6.1.2 APAC α-Methacrylic Acid Revenue by Region (2018-2023)
6.2 APAC α-Methacrylic Acid Sales by Type
6.3 APAC α-Methacrylic Acid Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe α-Methacrylic Acid by Country
7.1.1 Europe α-Methacrylic Acid Sales by Country (2018-2023)
7.1.2 Europe α-Methacrylic Acid Revenue by Country (2018-2023)
7.2 Europe α-Methacrylic Acid Sales by Type
7.3 Europe α-Methacrylic Acid Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa α-Methacrylic Acid by Country
8.1.1 Middle East & Africa α-Methacrylic Acid Sales by Country (2018-2023)
8.1.2 Middle East & Africa α-Methacrylic Acid Revenue by Country (2018-2023)
8.2 Middle East & Africa α-Methacrylic Acid Sales by Type
8.3 Middle East & Africa α-Methacrylic Acid Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of α-Methacrylic Acid
10.3 Manufacturing Process Analysis of α-Methacrylic Acid
10.4 Industry Chain Structure of α-Methacrylic Acid
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 α-Methacrylic Acid Distributors
11.3 α-Methacrylic Acid Customer
12 World Forecast Review for α-Methacrylic Acid by Geographic Region
12.1 Global α-Methacrylic Acid Market Size Forecast by Region
12.1.1 Global α-Methacrylic Acid Forecast by Region (2024-2029)
12.1.2 Global α-Methacrylic Acid Annual Revenue Forecast by Region (2024-2029)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global α-Methacrylic Acid Forecast by Type
12.7 Global α-Methacrylic Acid Forecast by Application
13 Key Players Analysis
13.1 Mitsubishi Chemical
13.1.1 Mitsubishi Chemical Company Information
13.1.2 Mitsubishi Chemical α-Methacrylic Acid Product Portfolios and Specifications
13.1.3 Mitsubishi Chemical α-Methacrylic Acid Sales, Revenue, Price and Gross Margin (2018-2023)
13.1.4 Mitsubishi Chemical Main Business Overview
13.1.5 Mitsubishi Chemical Latest Developments
13.2 MGC
13.2.1 MGC Company Information
13.2.2 MGC α-Methacrylic Acid Product Portfolios and Specifications
13.2.3 MGC α-Methacrylic Acid Sales, Revenue, Price and Gross Margin (2018-2023)
13.2.4 MGC Main Business Overview
13.2.5 MGC Latest Developments
13.3 Kuraray
13.3.1 Kuraray Company Information
13.3.2 Kuraray α-Methacrylic Acid Product Portfolios and Specifications
13.3.3 Kuraray α-Methacrylic Acid Sales, Revenue, Price and Gross Margin (2018-2023)
13.3.4 Kuraray Main Business Overview
13.3.5 Kuraray Latest Developments
13.4 LG
13.4.1 LG Company Information
13.4.2 LG α-Methacrylic Acid Product Portfolios and Specifications
13.4.3 LG α-Methacrylic Acid Sales, Revenue, Price and Gross Margin (2018-2023)
13.4.4 LG Main Business Overview
13.4.5 LG Latest Developments
13.5 DuPont
13.5.1 DuPont Company Information
13.5.2 DuPont α-Methacrylic Acid Product Portfolios and Specifications
13.5.3 DuPont α-Methacrylic Acid Sales, Revenue, Price and Gross Margin (2018-2023)
13.5.4 DuPont Main Business Overview
13.5.5 DuPont Latest Developments
13.6 Basf
13.6.1 Basf Company Information
13.6.2 Basf α-Methacrylic Acid Product Portfolios and Specifications
13.6.3 Basf α-Methacrylic Acid Sales, Revenue, Price and Gross Margin (2018-2023)
13.6.4 Basf Main Business Overview
13.6.5 Basf Latest Developments
13.7 Evonik
13.7.1 Evonik Company Information
13.7.2 Evonik α-Methacrylic Acid Product Portfolios and Specifications
13.7.3 Evonik α-Methacrylic Acid Sales, Revenue, Price and Gross Margin (2018-2023)
13.7.4 Evonik Main Business Overview
13.7.5 Evonik Latest Developments
13.8 Formosa
13.8.1 Formosa Company Information
13.8.2 Formosa α-Methacrylic Acid Product Portfolios and Specifications
13.8.3 Formosa α-Methacrylic Acid Sales, Revenue, Price and Gross Margin (2018-2023)
13.8.4 Formosa Main Business Overview
13.8.5 Formosa Latest Developments
13.9 Hefa Chem
13.9.1 Hefa Chem Company Information
13.9.2 Hefa Chem α-Methacrylic Acid Product Portfolios and Specifications
13.9.3 Hefa Chem α-Methacrylic Acid Sales, Revenue, Price and Gross Margin (2018-2023)
13.9.4 Hefa Chem Main Business Overview
13.9.5 Hefa Chem Latest Developments
13.10 Jiangsu Sanyi
13.10.1 Jiangsu Sanyi Company Information
13.10.2 Jiangsu Sanyi α-Methacrylic Acid Product Portfolios and Specifications
13.10.3 Jiangsu Sanyi α-Methacrylic Acid Sales, Revenue, Price and Gross Margin (2018-2023)
13.10.4 Jiangsu Sanyi Main Business Overview
13.10.5 Jiangsu Sanyi Latest Developments
14 Research Findings and Conclusion