Global Methyl Methacrylate (MMA) Strategic Industry Report 2024: Market to Reach $47.3 Billion by 2030, Increased Adoption in End-Use Sectors Fosters Growth [Yahoo! Finance]
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Source: Yahoo! Finance
Global Methyl Methacrylate (MMA) Market to Reach $47.3 Billion by 2030 The global market for Methyl Methacrylate (MMA) estimated at US$30.3 Billion in the year 2023, is projected to reach a revised size of US$47.3 Billion by 2030, growing at a CAGR of 6.6% over the analysis period 2023-2030. Methyl Methacrylate (MMA), a clear, colorless, and sharp organic raw material, drives a growing market primarily fueled by downstream applications. Recent market activity indicates tightening supply and consequent price increases, prompting hope with new capacity additions on the horizon. In 2024, MMA is expected to see competition among global key players. Building & Construction End-Use, one of the segments analyzed in the report, is expected to record a 7.4% CAGR and reach US$23.1 Billion by the end of the analysis period. Growth in the Automotive End-Use segment is estimated at 6.6% CAGR for the next 7-year period. Acrylic plastics and resins represent both the largest and fastest-gro
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