Methyl Methacrylate Adhesives Market to Boom in Near Future by 2027
Stratview Research, a global market research firm announces the release of the report titled – Methyl Methacrylate Adhesives Market which provides an in-depth analysis of the market dynamics, current and emerging trends, industry forecast, and competitive landscape.
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According to this report, the global Methyl Methacrylate Adhesives Market is estimated to growth at a healthy CAGR of 5% by 2027.
Market Segments Analysis
The market researchers have studied the Methyl Methacrylate Adhesives Market minutely for better understanding. The report consists of segment-wise details to assist the users in making suitable decisions for better growth opportunities. Below is the short piece of information -
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.
Growth drivers and Market Value:
This report, from Stratview Research, studies the Methyl Methacrylate Adhesives Market value and growth drivers over the trend period of 2022-27. According to the report -
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.
Segment Analysis:
Based on 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 2021. 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.
Based on 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.
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What else are available in this report?
The answer lies in the TOC and other details. Take a sneak-peek into the TOCs of this report.
- Report Scope
- Report Objectives
- Research Methodology
- Market Segmentation
- Secondary Research
- Primary Research
- Breakdown of Primary Interviews by Region, Designation, and Value Chain
- Data Analysis and Triangulation
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Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with insightful market data to aid strategic decision making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.
