2-Methyl-Acrylic Acid Market
2-Methyl-Acrylic Acid Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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2-Methyl-Acrylic Acid Market Size and Growth
The 2-Methyl-Acrylic Acid market is experiencing steady growth, driven by increasing demand in coatings, adhesives, and plastics. The market size was valued at approximately USD 450 million in 2022, with projections indicating a compound annual growth rate of 5% over the next five years, reflecting expanding industrial applications and innovations.
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Companies Covered
(Covid 19 Impact Covered)
◍ Mitsubishi Chemical
◍ MGC
◍ Kuraray
◍ LG
◍ Dow
◍ Basf
◍ Evonik
◍ Formosa
◍ Hefa Chem
◍ Jiangsu Sanyi
The 2-Methyl-Acrylic Acid market features key players like Mitsubishi Chemical, MGC, Kuraray, LG, Dow, BASF, Evonik, Formosa, Hefa Chem, and Jiangsu Sanyi. These companies utilize 2-Methyl-Acrylic Acid in various applications, driving market growth through innovation and expanding production capacity. Revenue figures include:
- BASF: $78 billion
- Dow: $55 billion
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Market Segmentation
By Application
By Product
◍ Acetone Cyanohydrin Method
◍ Coating Field
Isobutylene Oxidation Method ◍ Ester Synthesis
◍ Adhesive Field
◍ Textile Field
◍ Others
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Market Growth
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$ X Billion USD
