Methyl methacrylate (MMA) is an important acid ester, which is a colorless monomer compound. The most important use of MMA is in the manufacture of poly-methyl methacrylate (PMMA). PMMA is a transparent thermoplastic used as a shatter-resistant option to glass. Due to its excellent tensile strength, flexural strength, transparency, polishing, UV tolerance, and scratch resistance properties, PMMA is used in the form of sheets to produce mobile phone screens, LCD screens, and monitors. The tendency to leach components and shrink over a period of time, as a result of curing, are some of the major disadvantages of MMA. The major growth driver for the MMA market, is the robust demand for PMMA, as a result of strong electronics production. The wide-scale application of MMA are used across various fields such as construction, remodeling activity, automotive applications, and electronics, hence qualifying MMA as a very important component. However, the recent shortage of supply in MMA, has affected the production of PMMA, in turn affecting the global MMA market. Methyl methacrylate is found to irritate the human skin, inducing skin related issues in vulnerable individuals, hence the use of gloves is recommended while handling MMA.
Methyl Methacrylate (MMA) Market Taxonomy:
On the basis of source, the global methyl methacrylate market is classified into:
On the basis of products, the global methyl methacrylate market is classified into:
On the basis of application, the global methyl methacrylate market is classified into:
On the basis of end user, the global methyl methacrylate market is classified into:
The most important source of MMA production is through acetone cyanohydrins, which is hydrolyzed with sulfuric acid to manufacture MMA. It is used in vehicles as windshields, and external, rear and indicator light covers. Methacrylic Acid (MAA) is used as a chemical intermediary as well as in the production of coating polymers. Manufacturers utilize the PMMA as a shatterproof alternative to glass in illuminated signs. As PMMA is light and resistant to salt, it is used for the construction of windows in the marine industry. It is used to produce canopies for planes, due to its light weight and temperature, and unsurpassed weather resistance. PMMA is also used in the production of sports equipment such as racquets, helmets..
Methyl Methacrylate Market Outlook
Saudi Methacrylates Company (SAMAC), located in Al-Jubail, Saudi Arabia, constructed a methyl methacrylate (MMA) plant, which is the biggest plant in the world. SAMAC is a joint venture (JV) between Mitsubishi Rayon (MRC) and Sabic, which was commissioned early in 2017. Major players in the market include Mistsubishi, Rayon, Evonik Industries, The Dow chemical Company, Sumitomo chemicals, BASF, Arkema, and Chi Mei Corporation among others.
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