α-Methacrylic Acid Market, Global Outlook and Forecast 2022-2028
α-Methacrylic Acid Market, Global Outlook and Forecast 2022-2028
The α-Methacrylic Acid study provides a comprehensive overview of safety standards, market penetration, and innovation pipelines across major economies.
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Methacrylic acid (MAA) (CAS 79-41-4) is an organic compound, abbreviated MAA. 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. Methacrylic acid is produced industrially on a large scale as a precursor to its esters, especially methyl methacrylate (MMA) and poly (methyl methacrylate) (PMMA).
The latest research study released by Market IntelliX evaluates market size and forecasts of α-Methacrylic Acid in global, including the following market information:
Global α-Methacrylic Acid Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global α-Methacrylic Acid Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five α-Methacrylic Acid companies in 2021 (%)
The global α-Methacrylic Acid market was valued at 1216.2 million in 2021 and is projected to reach US$ 1582 million by 2028, at a CAGR of 3.8% 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 α-Methacrylic Acid include Mitsubishi Chemical, MGC, Kuraray, LG, DuPont, 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 α-Methacrylic 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 α-Methacrylic Acid Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global α-Methacrylic Acid Market Segment Percentages, by Type, 2021 (%)
Acetone Cyanohydrin Method
Isobutylene Oxidation Method
Global α-Methacrylic Acid Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global α-Methacrylic Acid Market Segment Percentages, by Application, 2021 (%)
Ester Synthesis
Coating Field
Adhesive Field
Textile Field
Others
Global α-Methacrylic Acid Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global α-Methacrylic 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 α-Methacrylic Acid revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies α-Methacrylic Acid revenues share in global market, 2021 (%)
Key companies α-Methacrylic Acid sales in global market, 2017-2022 (Estimated), (K MT)
Key companies α-Methacrylic 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
DuPont
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 α-Methacrylic Acid Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global α-Methacrylic 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 α-Methacrylic Acid Overall Market Size
2.1 Global α-Methacrylic Acid Market Size: 2021 VS 2028
2.2 Global α-Methacrylic Acid Revenue, Prospects & Forecasts: 2017-2028
2.3 Global α-Methacrylic Acid Sales: 2017-2028
3 Company Landscape
3.1 Top α-Methacrylic Acid Players in Global Market
3.2 Top Global α-Methacrylic Acid Companies Ranked by Revenue
3.3 Global α-Methacrylic Acid Revenue by Companies
3.4 Global α-Methacrylic Acid Sales by Companies
3.5 Global α-Methacrylic Acid Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 α-Methacrylic Acid Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers α-Methacrylic Acid Product Type
3.8 Tier 1, Tier 2 and Tier 3 α-Methacrylic Acid Players in Global Market
3.8.1 List of Global Tier 1 α-Methacrylic Acid Companies
3.8.2 List of Global Tier 2 and Tier 3 α-Methacrylic Acid Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global α-Methacrylic Acid Market Size Markets, 2021 & 2028
4.1.2 Acetone Cyanohydrin Method
4.1.3 Isobutylene Oxidation Method
4.2 By Type - Global α-Methacrylic Acid Revenue & Forecasts
4.2.1 By Type - Global α-Methacrylic Acid Revenue, 2017-2022
4.2.2 By Type - Global α-Methacrylic Acid Revenue, 2023-2028
4.2.3 By Type - Global α-Methacrylic Acid Revenue Market Share, 2017-2028
4.3 By Type - Global α-Methacrylic Acid Sales & Forecasts
4.3.1 By Type - Global α-Methacrylic Acid Sales, 2017-2022
4.3.2 By Type - Global α-Methacrylic Acid Sales, 2023-2028
4.3.3 By Type - Global α-Methacrylic Acid Sales Market Share, 2017-2028
4.4 By Type - Global α-Methacrylic Acid Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global α-Methacrylic 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 α-Methacrylic Acid Revenue & Forecasts
5.2.1 By Application - Global α-Methacrylic Acid Revenue, 2017-2022
5.2.2 By Application - Global α-Methacrylic Acid Revenue, 2023-2028
5.2.3 By Application - Global α-Methacrylic Acid Revenue Market Share, 2017-2028
5.3 By Application - Global α-Methacrylic Acid Sales & Forecasts
5.3.1 By Application - Global α-Methacrylic Acid Sales, 2017-2022
5.3.2 By Application - Global α-Methacrylic Acid Sales, 2023-2028
5.3.3 By Application - Global α-Methacrylic Acid Sales Market Share, 2017-2028
5.4 By Application - Global α-Methacrylic Acid Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global α-Methacrylic Acid Market Size, 2021 & 2028
6.2 By Region - Global α-Methacrylic Acid Revenue & Forecasts
6.2.1 By Region - Global α-Methacrylic Acid Revenue, 2017-2022
6.2.2 By Region - Global α-Methacrylic Acid Revenue, 2023-2028
6.2.3 By Region - Global α-Methacrylic Acid Revenue Market Share, 2017-2028
6.3 By Region - Global α-Methacrylic Acid Sales & Forecasts
6.3.1 By Region - Global α-Methacrylic Acid Sales, 2017-2022
6.3.2 By Region - Global α-Methacrylic Acid Sales, 2023-2028
6.3.3 By Region - Global α-Methacrylic Acid Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America α-Methacrylic Acid Revenue, 2017-2028
6.4.2 By Country - North America α-Methacrylic Acid Sales, 2017-2028
6.4.3 US α-Methacrylic Acid Market Size, 2017-2028
6.4.4 Canada α-Methacrylic Acid Market Size, 2017-2028
6.4.5 Mexico α-Methacrylic Acid Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe α-Methacrylic Acid Revenue, 2017-2028
6.5.2 By Country - Europe α-Methacrylic Acid Sales, 2017-2028
6.5.3 Germany α-Methacrylic Acid Market Size, 2017-2028
6.5.4 France α-Methacrylic Acid Market Size, 2017-2028
6.5.5 U.K. α-Methacrylic Acid Market Size, 2017-2028
6.5.6 Italy α-Methacrylic Acid Market Size, 2017-2028
6.5.7 Russia α-Methacrylic Acid Market Size, 2017-2028
6.5.8 Nordic Countries α-Methacrylic Acid Market Size, 2017-2028
6.5.9 Benelux α-Methacrylic Acid Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia α-Methacrylic Acid Revenue, 2017-2028
6.6.2 By Region - Asia α-Methacrylic Acid Sales, 2017-2028
6.6.3 China α-Methacrylic Acid Market Size, 2017-2028
6.6.4 Japan α-Methacrylic Acid Market Size, 2017-2028
6.6.5 South Korea α-Methacrylic Acid Market Size, 2017-2028
6.6.6 Southeast Asia α-Methacrylic Acid Market Size, 2017-2028
6.6.7 India α-Methacrylic Acid Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America α-Methacrylic Acid Revenue, 2017-2028
6.7.2 By Country - South America α-Methacrylic Acid Sales, 2017-2028
6.7.3 Brazil α-Methacrylic Acid Market Size, 2017-2028
6.7.4 Argentina α-Methacrylic Acid Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa α-Methacrylic Acid Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa α-Methacrylic Acid Sales, 2017-2028
6.8.3 Turkey α-Methacrylic Acid Market Size, 2017-2028
6.8.4 Israel α-Methacrylic Acid Market Size, 2017-2028
6.8.5 Saudi Arabia α-Methacrylic Acid Market Size, 2017-2028
6.8.6 UAE α-Methacrylic 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 α-Methacrylic Acid Major Product Offerings
7.1.4 Mitsubishi Chemical α-Methacrylic 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 α-Methacrylic Acid Major Product Offerings
7.2.4 MGC α-Methacrylic 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 α-Methacrylic Acid Major Product Offerings
7.3.4 Kuraray α-Methacrylic 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 α-Methacrylic Acid Major Product Offerings
7.4.4 LG α-Methacrylic Acid Sales and Revenue in Global (2017-2022)
7.4.5 LG Key News
7.5 DuPont
7.5.1 DuPont Corporate Summary
7.5.2 DuPont Business Overview
7.5.3 DuPont α-Methacrylic Acid Major Product Offerings
7.5.4 DuPont α-Methacrylic Acid Sales and Revenue in Global (2017-2022)
7.5.5 DuPont Key News
7.6 Basf
7.6.1 Basf Corporate Summary
7.6.2 Basf Business Overview
7.6.3 Basf α-Methacrylic Acid Major Product Offerings
7.6.4 Basf α-Methacrylic 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 α-Methacrylic Acid Major Product Offerings
7.7.4 Evonik α-Methacrylic 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 α-Methacrylic Acid Major Product Offerings
7.8.4 Formosa α-Methacrylic 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 α-Methacrylic Acid Major Product Offerings
7.9.4 Hefa Chem α-Methacrylic 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 α-Methacrylic Acid Major Product Offerings
7.10.4 Jiangsu Sanyi α-Methacrylic Acid Sales and Revenue in Global (2017-2022)
7.10.5 Jiangsu Sanyi Key News
8 Global α-Methacrylic Acid Production Capacity, Analysis
8.1 Global α-Methacrylic Acid Production Capacity, 2017-2028
8.2 α-Methacrylic Acid Production Capacity of Key Manufacturers in Global Market
8.3 Global α-Methacrylic 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 α-Methacrylic Acid Supply Chain Analysis
10.1 α-Methacrylic Acid Industry Value Chain
10.2 α-Methacrylic Acid Upstream Market
10.3 α-Methacrylic Acid Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 α-Methacrylic Acid Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
Research Methodology:
α-Methacrylic 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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