Global 2-Methylacrylic Acid market cagr 14.7%

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2-Methylacrylic Acid Market

2-Methylacrylic Acid Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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2-Methylacrylic Acid Market Size and Growth

The 2-Methylacrylic Acid market is witnessing growth driven by increased demand in coatings, adhesives, and polymer industries. Market size is projected to reach approximately $XXX million by 2028, expanding at a CAGR of XX% from 2023. Key factors include rising industrial applications and advancements in production technologies impacting market dynamics.

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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-Methylacrylic Acid market features key players like Mitsubishi Chemical, MGC, and BASF, focusing on applications in coatings, adhesives, and plastics. These companies drive market growth through innovation, strategic partnerships, and production efficiency. Notable sales figures include Mitsubishi Chemical ($12 billion) and BASF ($70 billion), contributing significantly to market expansion.

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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

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