2-Methyl-Propenoic Acid Market, Global Outlook and Forecast 2022-2028
2-Methyl-Propenoic Acid Market, Global Outlook and Forecast 2022-2028
Analysis of the 2 Methyl Propenoic Acid Market reveals emerging trends, consumer adoption rates, and competitive strategies among leading manufacturers worldwide.
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This colorless, viscous liquid is a carboxylic acid with an acrid unpleasant odor. It is soluble in warm water and miscible with most organic solvents.
The latest research study released by Market IntelliX evaluates market size and forecasts of 2-Methyl-Propenoic Acid in global, including the following market information:
Global 2-Methyl-Propenoic Acid Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global 2-Methyl-Propenoic Acid Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five 2-Methyl-Propenoic Acid companies in 2021 (%)
The global 2-Methyl-Propenoic Acid market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Acetone Cyanohydrin Method Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of 2-Methyl-Propenoic Acid include Mitsubishi Chemical, MGC, Kuraray, LG, Dow, Basf, Evonik, Formosa and Hefa Chem and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MI has surveyed the 2-Methyl-Propenoic Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Market Segmentations:
Global 2-Methyl-Propenoic Acid Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global 2-Methyl-Propenoic Acid Market Segment Percentages, by Type, 2021 (%)
Acetone Cyanohydrin Method
Isobutylene Oxidation Method
Global 2-Methyl-Propenoic Acid Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global 2-Methyl-Propenoic Acid Market Segment Percentages, by Application, 2021 (%)
Ester Synthesis
Coating Field
Adhesive Field
Textile Field
Others
Global 2-Methyl-Propenoic Acid Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global 2-Methyl-Propenoic Acid Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies 2-Methyl-Propenoic Acid revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies 2-Methyl-Propenoic Acid revenues share in global market, 2021 (%)
Key companies 2-Methyl-Propenoic Acid sales in global market, 2017-2022 (Estimated), (K MT)
Key companies 2-Methyl-Propenoic Acid sales share in global market, 2021 (%)
The report presents profiles of competitors in the market, Some of the prominent key players covered:
Mitsubishi Chemical
MGC
Kuraray
LG
Dow
Basf
Evonik
Formosa
Hefa Chem
Jiangsu Sanyi
Key Takeaways from this Report
Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
1 Introduction to Research & Analysis Reports
1.1 2-Methyl-Propenoic Acid Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global 2-Methyl-Propenoic Acid Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global 2-Methyl-Propenoic Acid Overall Market Size
2.1 Global 2-Methyl-Propenoic Acid Market Size: 2021 VS 2028
2.2 Global 2-Methyl-Propenoic Acid Revenue, Prospects & Forecasts: 2017-2028
2.3 Global 2-Methyl-Propenoic Acid Sales: 2017-2028
3 Company Landscape
3.1 Top 2-Methyl-Propenoic Acid Players in Global Market
3.2 Top Global 2-Methyl-Propenoic Acid Companies Ranked by Revenue
3.3 Global 2-Methyl-Propenoic Acid Revenue by Companies
3.4 Global 2-Methyl-Propenoic Acid Sales by Companies
3.5 Global 2-Methyl-Propenoic Acid Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 2-Methyl-Propenoic Acid Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers 2-Methyl-Propenoic Acid Product Type
3.8 Tier 1, Tier 2 and Tier 3 2-Methyl-Propenoic Acid Players in Global Market
3.8.1 List of Global Tier 1 2-Methyl-Propenoic Acid Companies
3.8.2 List of Global Tier 2 and Tier 3 2-Methyl-Propenoic Acid Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global 2-Methyl-Propenoic Acid Market Size Markets, 2021 & 2028
4.1.2 Acetone Cyanohydrin Method
4.1.3 Isobutylene Oxidation Method
4.2 By Type - Global 2-Methyl-Propenoic Acid Revenue & Forecasts
4.2.1 By Type - Global 2-Methyl-Propenoic Acid Revenue, 2017-2022
4.2.2 By Type - Global 2-Methyl-Propenoic Acid Revenue, 2023-2028
4.2.3 By Type - Global 2-Methyl-Propenoic Acid Revenue Market Share, 2017-2028
4.3 By Type - Global 2-Methyl-Propenoic Acid Sales & Forecasts
4.3.1 By Type - Global 2-Methyl-Propenoic Acid Sales, 2017-2022
4.3.2 By Type - Global 2-Methyl-Propenoic Acid Sales, 2023-2028
4.3.3 By Type - Global 2-Methyl-Propenoic Acid Sales Market Share, 2017-2028
4.4 By Type - Global 2-Methyl-Propenoic Acid Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global 2-Methyl-Propenoic Acid Market Size, 2021 & 2028
5.1.2 Ester Synthesis
5.1.3 Coating Field
5.1.4 Adhesive Field
5.1.5 Textile Field
5.1.6 Others
5.2 By Application - Global 2-Methyl-Propenoic Acid Revenue & Forecasts
5.2.1 By Application - Global 2-Methyl-Propenoic Acid Revenue, 2017-2022
5.2.2 By Application - Global 2-Methyl-Propenoic Acid Revenue, 2023-2028
5.2.3 By Application - Global 2-Methyl-Propenoic Acid Revenue Market Share, 2017-2028
5.3 By Application - Global 2-Methyl-Propenoic Acid Sales & Forecasts
5.3.1 By Application - Global 2-Methyl-Propenoic Acid Sales, 2017-2022
5.3.2 By Application - Global 2-Methyl-Propenoic Acid Sales, 2023-2028
5.3.3 By Application - Global 2-Methyl-Propenoic Acid Sales Market Share, 2017-2028
5.4 By Application - Global 2-Methyl-Propenoic Acid Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global 2-Methyl-Propenoic Acid Market Size, 2021 & 2028
6.2 By Region - Global 2-Methyl-Propenoic Acid Revenue & Forecasts
6.2.1 By Region - Global 2-Methyl-Propenoic Acid Revenue, 2017-2022
6.2.2 By Region - Global 2-Methyl-Propenoic Acid Revenue, 2023-2028
6.2.3 By Region - Global 2-Methyl-Propenoic Acid Revenue Market Share, 2017-2028
6.3 By Region - Global 2-Methyl-Propenoic Acid Sales & Forecasts
6.3.1 By Region - Global 2-Methyl-Propenoic Acid Sales, 2017-2022
6.3.2 By Region - Global 2-Methyl-Propenoic Acid Sales, 2023-2028
6.3.3 By Region - Global 2-Methyl-Propenoic Acid Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America 2-Methyl-Propenoic Acid Revenue, 2017-2028
6.4.2 By Country - North America 2-Methyl-Propenoic Acid Sales, 2017-2028
6.4.3 US 2-Methyl-Propenoic Acid Market Size, 2017-2028
6.4.4 Canada 2-Methyl-Propenoic Acid Market Size, 2017-2028
6.4.5 Mexico 2-Methyl-Propenoic Acid Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe 2-Methyl-Propenoic Acid Revenue, 2017-2028
6.5.2 By Country - Europe 2-Methyl-Propenoic Acid Sales, 2017-2028
6.5.3 Germany 2-Methyl-Propenoic Acid Market Size, 2017-2028
6.5.4 France 2-Methyl-Propenoic Acid Market Size, 2017-2028
6.5.5 U.K. 2-Methyl-Propenoic Acid Market Size, 2017-2028
6.5.6 Italy 2-Methyl-Propenoic Acid Market Size, 2017-2028
6.5.7 Russia 2-Methyl-Propenoic Acid Market Size, 2017-2028
6.5.8 Nordic Countries 2-Methyl-Propenoic Acid Market Size, 2017-2028
6.5.9 Benelux 2-Methyl-Propenoic Acid Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia 2-Methyl-Propenoic Acid Revenue, 2017-2028
6.6.2 By Region - Asia 2-Methyl-Propenoic Acid Sales, 2017-2028
6.6.3 China 2-Methyl-Propenoic Acid Market Size, 2017-2028
6.6.4 Japan 2-Methyl-Propenoic Acid Market Size, 2017-2028
6.6.5 South Korea 2-Methyl-Propenoic Acid Market Size, 2017-2028
6.6.6 Southeast Asia 2-Methyl-Propenoic Acid Market Size, 2017-2028
6.6.7 India 2-Methyl-Propenoic Acid Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America 2-Methyl-Propenoic Acid Revenue, 2017-2028
6.7.2 By Country - South America 2-Methyl-Propenoic Acid Sales, 2017-2028
6.7.3 Brazil 2-Methyl-Propenoic Acid Market Size, 2017-2028
6.7.4 Argentina 2-Methyl-Propenoic Acid Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa 2-Methyl-Propenoic Acid Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa 2-Methyl-Propenoic Acid Sales, 2017-2028
6.8.3 Turkey 2-Methyl-Propenoic Acid Market Size, 2017-2028
6.8.4 Israel 2-Methyl-Propenoic Acid Market Size, 2017-2028
6.8.5 Saudi Arabia 2-Methyl-Propenoic Acid Market Size, 2017-2028
6.8.6 UAE 2-Methyl-Propenoic Acid Market Size, 2017-2028
7 Manufacturers & Brands Profiles
7.1 Mitsubishi Chemical
7.1.1 Mitsubishi Chemical Corporate Summary
7.1.2 Mitsubishi Chemical Business Overview
7.1.3 Mitsubishi Chemical 2-Methyl-Propenoic Acid Major Product Offerings
7.1.4 Mitsubishi Chemical 2-Methyl-Propenoic Acid Sales and Revenue in Global (2017-2022)
7.1.5 Mitsubishi Chemical Key News
7.2 MGC
7.2.1 MGC Corporate Summary
7.2.2 MGC Business Overview
7.2.3 MGC 2-Methyl-Propenoic Acid Major Product Offerings
7.2.4 MGC 2-Methyl-Propenoic Acid Sales and Revenue in Global (2017-2022)
7.2.5 MGC Key News
7.3 Kuraray
7.3.1 Kuraray Corporate Summary
7.3.2 Kuraray Business Overview
7.3.3 Kuraray 2-Methyl-Propenoic Acid Major Product Offerings
7.3.4 Kuraray 2-Methyl-Propenoic Acid Sales and Revenue in Global (2017-2022)
7.3.5 Kuraray Key News
7.4 LG
7.4.1 LG Corporate Summary
7.4.2 LG Business Overview
7.4.3 LG 2-Methyl-Propenoic Acid Major Product Offerings
7.4.4 LG 2-Methyl-Propenoic Acid Sales and Revenue in Global (2017-2022)
7.4.5 LG Key News
7.5 Dow
7.5.1 Dow Corporate Summary
7.5.2 Dow Business Overview
7.5.3 Dow 2-Methyl-Propenoic Acid Major Product Offerings
7.5.4 Dow 2-Methyl-Propenoic Acid Sales and Revenue in Global (2017-2022)
7.5.5 Dow Key News
7.6 Basf
7.6.1 Basf Corporate Summary
7.6.2 Basf Business Overview
7.6.3 Basf 2-Methyl-Propenoic Acid Major Product Offerings
7.6.4 Basf 2-Methyl-Propenoic Acid Sales and Revenue in Global (2017-2022)
7.6.5 Basf Key News
7.7 Evonik
7.7.1 Evonik Corporate Summary
7.7.2 Evonik Business Overview
7.7.3 Evonik 2-Methyl-Propenoic Acid Major Product Offerings
7.7.4 Evonik 2-Methyl-Propenoic Acid Sales and Revenue in Global (2017-2022)
7.7.5 Evonik Key News
7.8 Formosa
7.8.1 Formosa Corporate Summary
7.8.2 Formosa Business Overview
7.8.3 Formosa 2-Methyl-Propenoic Acid Major Product Offerings
7.8.4 Formosa 2-Methyl-Propenoic Acid Sales and Revenue in Global (2017-2022)
7.8.5 Formosa Key News
7.9 Hefa Chem
7.9.1 Hefa Chem Corporate Summary
7.9.2 Hefa Chem Business Overview
7.9.3 Hefa Chem 2-Methyl-Propenoic Acid Major Product Offerings
7.9.4 Hefa Chem 2-Methyl-Propenoic Acid Sales and Revenue in Global (2017-2022)
7.9.5 Hefa Chem Key News
7.10 Jiangsu Sanyi
7.10.1 Jiangsu Sanyi Corporate Summary
7.10.2 Jiangsu Sanyi Business Overview
7.10.3 Jiangsu Sanyi 2-Methyl-Propenoic Acid Major Product Offerings
7.10.4 Jiangsu Sanyi 2-Methyl-Propenoic Acid Sales and Revenue in Global (2017-2022)
7.10.5 Jiangsu Sanyi Key News
8 Global 2-Methyl-Propenoic Acid Production Capacity, Analysis
8.1 Global 2-Methyl-Propenoic Acid Production Capacity, 2017-2028
8.2 2-Methyl-Propenoic Acid Production Capacity of Key Manufacturers in Global Market
8.3 Global 2-Methyl-Propenoic Acid Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 2-Methyl-Propenoic Acid Supply Chain Analysis
10.1 2-Methyl-Propenoic Acid Industry Value Chain
10.2 2-Methyl-Propenoic Acid Upstream Market
10.3 2-Methyl-Propenoic Acid Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 2-Methyl-Propenoic Acid Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
Research Methodology:
2 Methyl Propenoic Acid Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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