Methyl Methacrylate Adhesives Market Sees Promising Growth

Posted by Donald Rooney on October 7th, 2019

Methyl methacrylate adhesive is a variant of structural adhesive that is produced from methyl methacrylate chemical compound. These structural adhesives are used to hold or build together joints in any structure. These adhesives also include a hardener and are mixed with a resin. Global Methyl Methacrylate Adhesives Market is expected to rise from its initial estimated value of USD 1.13 billion in 2018 to an estimated value of USD 2.01 billion by 2026, registering a CAGR of 7.47% in the forecast period of 2019-2026. Some of the leading key players profiled in this study: Illinois Tool Works Inc., Henkel AG & Co. KGaA, H.B. Fuller Company, 3M, Arkema, Huntsman International LLC, Sika AG, SCIGRIP, Scott Bader Company Ltd., LORD Corporation, DowDuPont, Novachem Corporation ltd, ND Industries Inc., Hernon Manufacturing INC, Parson Adhesives Inc., Chemique Adhesives & Sealants Ltd, Permabond LLC and Engineered Bonding Solutions LLC.

Market Drivers:

  •          Increased levels of demand from the various end-users due to the added benefits related to the usage is expected to act as a driver for the market growth
  •          High levels of demand for lightweight and environmental-friendly vehicles is also expected to act as a driver for the market growth

Market Restraints:

  •          Fluctuations and vulnerable nature of raw material prices is expected to act as a restraint to the market growth

Key Developments in the Market:

  •          In October 2017, H.B. Fuller Company announced they had completed the acquisition of Royal Adhesives & Sealants.
  •          In February 2015, Arkema announced that they had completed the acquisition of Bostik and with this acquisition Arkema enhances its product expertise and is expected to become a global leader of chemicals and additives

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Focus of the report

  •          CAGR values in the market for the forecast period
  •          Key trends in the market place
  •          Major players and brands
  •          Historical and current market size and projection up to 2026.
  •          Detailed overview of parent market
  •          Changing market dynamics of the industry

Segmentation: Global Methyl Methacrylate Adhesives Market

Global Methyl Methacrylate Adhesives Market By Substrate (Metal, Plastic, Composite, Others)

End-Use Industry (Automotive & Transportation, Building & Construction, Marine, Wind Energy, General Assembly, Others)

Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Competitive Analysis: Global Methyl Methacrylate Adhesives Market

Global methyl methacrylate adhesives market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of methyl methacrylate adhesives market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Insights in the report:

  •          Complete and distinct analysis of the market drivers and restraints
  •          Key Market players involved in this industry
  •          Detailed analysis of the Market Segmentation
  •          Competitive analysis of the key players involved 

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Donald Rooney

About the Author

Donald Rooney
Joined: September 12th, 2019
Articles Posted: 87

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