CAGR Value :
The global methyl methacrylate (MMA) market was valued at USD 7.73 billion in 2025 and is projected to reach USD 9.89 billion by 2032, exhibiting a CAGR of 3.7% during the forecast period.
Report Studies :
Methyl methacrylate is an organic compound that serves as the monomer for poly(methyl methacrylate) (PMMA), a transparent plastic known for its high strength and optical clarity. The market growth is driven by increasing demand from the automotive, construction, and electronics industries, where PMMA is used for lightweight glazing, electronic displays, and lighting solutions. Additionally, the rising adoption of sustainable materials in packaging and the growing demand for lightweight materials in the automotive sector to improve fuel efficiency are key factors propelling the market. The market is segmented based on the production process into acetone cyanohydrin (ACH) method, isobutylene method, and ethylene method. The ACH method is the largest segment, holding about 50% of the market share, due to its cost-effectiveness and established production infrastructure. However, the isobutylene method is gaining traction due to its lower environmental impact and higher efficiency.
Key Players :
• Mitsubishi Chemical Group
• Röhm GmbH
• Dow Chemical Company
• Sumitomo Chemical Co., Ltd.
• LG MMA Corporation
• Asahi Kasei Corporation
• Arkema S.A.
• Kuraray Co., Ltd.
• BASF SE
• Formosa Plastics Corporation
• Jilin Petrochemical Company
• Longxin Chemical
• Shandong Hongxu
