Global Methacrylic Esters Market Segmentation and Current Condition: Market Scale is $12.15 Billion in 2024

Global Methacrylic Esters Market Overview

According to Global Market Monitor, the global methacrylic esters market size is $12.15 billion in 2024 and is expected to grow to$15.45 billion by 2029.Methyl methacrylate is an organic compound with the formula. This colorless liquid, the methyl ester of methacrylic acid, is a monomer produced on a large scale for the production of poly.

Increased Utilization of Polymerized Methacrylates in the Electronics Industry

Methacrylic esters are mainly used as sheets in mobile phone screens, LCD screens, and displays due to their bending strength and scratch resistance. The increase in the utilization rate of methacrylic esters in the electronics industry in the future will greatly drive the development of the methacrylic esters market.Due to the increasing awareness of environmental protection in various countries and the government's active promotion of environmental protection, the recycled paper market will continue to expand in the future. Methacrylic esters have important applications in the paper and pulp industry. The growing demand for methacrylic esters in the recycled paper market is bound to promote the development of the methacrylic ester industry market.

Methacrylic Esters has important applications in the construction industry and can be used as adhesives. The construction industry has a large and growing demand for methacrylic esters. With the increase of investment in infrastructure construction in developed countries and developing countries, methacrylic esters The demand will also increase, which will greatly promote the development of the methacrylic esters market.

The increasing use of methyl methacrylate in the construction industry is driving a recovery in the construction industry. Rapid urbanization, population growth, and rising purchase affordability are the key factors driving the construction market. In the construction industry, MMA adhesives are used for Windows, canopies, building components, panels, doors, and more due to their durability and long-lasting properties. Due to their ease of processing and low-temperature curing ability, they can be used as adhesives for concrete admixtures, industrial floors, reactive road construction, liquid waterproofing compounds, and concrete repair compounds, with good scratch resistance, rigidity, dimensional stability, and optical transparency.

The increase in automobile production is driving the demand for methacrylate, which is used in windshields, fenders, Windows, bumpers, and trim parts on the outside of automobiles. With the increasing importance of automotive emission control and lightweight steam, MMA is used in the manufacture of various automotive components, such as automotive glass, trim, indicator lampshades, and door strips, due to its lightweight, durability, stability, strength, rigidity, and high scratch resistance.

By Type	Glycidil Methacrylate
	Ethyl Methacrylate
	n-butyl Methacrylate
	i-butyl Methacrylate
	2-Ethylhexyl Methacrylate
	The glycidil methacrylate segment holds the largest market share.
By Application	Pulp & Paper
	Lubricant
	Paint & Coatings
	Textile
	Construction
	Automotive
	Electronics
	Health Care
	The paint & coatings segment occupies the biggest share.

For more industry information, please refer to our latest released "2023 Global Methacrylic Esters Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".