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    Methyl Methacrylate Adhesives Market | Covid-19 Impact Analysis

    Methyl Methacrylate Adhesives Market | Covid-19 Impact Analysis

    Methyl Methacrylate Adhesives Market | Covid-19 Impact Analysis
    Report code - SRAM502 Delivery - 2 Weeks
    Methyl Methacrylate Adhesives Market Size, Share, Trend, Forecast, & Industry Analysis See more...
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    Impact of COVID-19 on Methyl Methacrylate Adhesives Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Methyl Methacrylate Adhesives Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Methyl Methacrylate Adhesives Market Insights

    Methyl methacrylate adhesives market is likely to witness an impressive CAGR of 7.2% over the forecast period. The prime factor that is contributing to the demand for methyl methacrylate adhesives is the rising demand for high-performance miniature electronic devices.

    Methyl Methacrylate Adhesives Market – Snapshot

    Growth

    7.2% for the next five years

    Major Substrate Type

    Metal

    Dominant End-Use Industry Type

    Automotive & Transportation

    Region with the highest demand

    Asia-Pacific

    Key Players

    Illinois Tool Works Inc., Henkel AG & Co. Kgaa, H.B. Fuller Company,      The 3M Company, Arkema S.A. (Bostik), Huntsman International LLC.,  Sika AG, Scigrip, Scott Bader Company Ltd.,  Lord Corporation

     

    Market Share Analysis

    Methyl-Methacrylate-Adhesives-Market-Dominant-Segments

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    Methyl Methacrylate Adhesives Market Share: By Substrate Type

    Based on the substrate type, the market is segmented as metal, plastic, composite, and others. The metal segment held the largest share of the market in 2019. The metal segment is expected to remain the largest segment by substrate type over the forecast period as it is predominantly used in end-use industries due to durability and low cost. On the other hand, the composite segment is expected to expand with the highest CAGR over the forecast period owing to rising demand for bonding composite components, such as bumpers, deflectors, composite tanks, roofs, car seats, blades, etc.

    Methyl Methacrylate Adhesives Market Share: By End-Use Industry Type

    Based on the end-use industry type, the methyl methacrylate adhesives market is segmented as automotive & transportation, building & construction, marine, wind energy, general assembly, and others. The automotive & transportation segment dominates the market owing to huge demand for bonding dissimilar materials coupled with the rising penetration of advanced materials.

    Methyl Methacrylate Adhesives Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the largest methyl methacrylate adhesives market during the forecast period, with China, Japan, South Korea, and Taiwan being the major countries with lucrative growth opportunities. The growth of the market is driven by the growth of automotive and construction industries, which is generating huge demand for methyl methacrylate adhesives. North America and Europe are also expected to offer substantial growth opportunities over the forecast period.

    Methyl-Methacrylate-Adhesives-Market-By-Region

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    Some of the major methyl methacrylate adhesive manufacturers are-

    • Illinois Tool Works Inc.
    • Henkel AG & Co. Kgaa
    • H.B. Fuller Company
    • The 3M Company
    • Arkema S.A. (Bostik)
    • Huntsman International LLC.
    • Sika AG
    • Scigrip
    • Scott Bader Company Ltd.
    • Lord Corporation.

     

    Market Scope & Segmentation

    Acrylic adhesives made of a resin and hardener are called as methyl methacrylate adhesives (MMA). These adhesives also contain rubber and additional strengthening agents in most cases. The adhesive offers quick curing at room temperature by creating an exothermic polymerization reaction. Methyl methacrylate adhesives can form bonds between dissimilar materials such as metal and plastic, or metal and composite, etc.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Methyl Methacrylate Adhesives Market Research Report - Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The methyl methacrylate adhesives market is segmented into the following categories. 

    Methyl Methacrylate Adhesives Market Size, Share, & Forecast, by Substrate Type:

    • Metal (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Plastic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Composite (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Methyl Methacrylate Adhesives Market Size, Share, & Forecast, by End-Use Industry Type:

    • Automotive & Transportation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Building & Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Marine (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Wind Energy (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • General Assembly (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Methyl Methacrylate Adhesives Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Methyl-Methacrylate-Adhesives-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the substrate types by end-use industry type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Methyl Methacrylate Adhesives Market in the foreseeable future?

    The methyl methacrylate adhesives market is expected to witness an impressive growth of 7.2% CAGR in the foreseeable future.

    Who are the key players in the Methyl Methacrylate Adhesives Market?

    Illinois Tool Works Inc., Henkel AG & Co. Kgaa, H.B. Fuller Company, The 3M Company, Arkema S.A. (Bostik), Huntsman International LLC., Sika AG, Scigrip, Scott Bader Company Ltd., and Lord Corporation are among the key players in the methyl methacrylate adhesives market.

    Which country/region is expected to be the largest Methyl Methacrylate Adhesives Market?

    Asia-Pacific is expected to be the largest methyl methacrylate adhesives market during the next five years.

    Which end use industry dominates the Methyl Methacrylate Adhesives Market?

    The automotive & transportation segment dominates the methyl methacrylate adhesives market.

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