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Methyl Methacrylate Adhesives Market Worth 1.30 Billion USD by 2020


News provided by

MarketsandMarkets

25 Feb, 2016, 09:30 GMT

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PUNE, India, February 25, 2016 /PRNewswire/ --

The report "Methyl Methacrylate Adhesives Market by Material Type (Composites, Metals, Plastics, and Others), by Application (Commercial Vehicle, Marine, Wind Energy, General Assembly, and Others), by Region - Global Forecast to 2020", published by MarketsandMarkets, The global MMA Market size projected to reach USD 1.30 Billion by 2020, registering a CAGR of 5.73% between 2015 and 2020.  

Browse 116 market data Tables and 54 Figures spread through 159 Pages and in-depth TOC on "Methyl Methacrylate Adhesives Market"

http://www.marketsandmarkets.com/Market-Reports/methyl-methacrylate-adhesives-market-74536936.html
Early buyers will receive 10% customization on this report.

Report analyzes the Global MMA Adhesives Market with respect to the market drivers, restraints, opportunities, and challenges in different regions. The major driver identified for the global MMA adhesives market is the growing demand from commercial vehicle, marine, and wind energy industries. Increasing use of advanced materials, compliance with environmental regulations, reduction of manufacturing cost, and increasing speed of production process led several end users to adopt MMA adhesives for bonding.

Increasing demand for bonding dissimilar materials in applications, such as commercial vehicle and marine, is driving the demand for MMA adhesives 

Commercial vehicle and marine are some of the major applications of MMA adhesives. MMA adhesives enable bonding of thinner substrates with low read-through lines without any distortion on the outer surface of the component. These adhesives are extensively used by the marine and transportation industries, owing to the need for improving aesthetics along with maintaining design, costs, and speed of production.

Composites bonding are the largest material type for MMA adhesives 

MMA adhesives are used to bond various material types such as composites, metals, plastics, and others. In 2015, the composites material segment accounted for the largest market share, in terms of value. Manufacturers are gradually shifting from traditional mechanical fasteners to MMA adhesives to reduce the weight of the vehicles and increase productivity. The current industry trend highlights the use of composite thermoplastics instead of heavy metals. Increasing use of lightweight materials such as composites, plastics, and aluminum develops a need for adhesive that can bond dissimilar materials, in-turn increasing the demand for MMA adhesives.

Inquiry Before Buying: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=74536936

North America is the largest market for MMA adhesives Methyl Methacrylate Adhesives Market both in terms of volume and value, followed by Western Europe and Asia-Pacific. The U.S. is among the leading consumers of MMA adhesives globally, due to the increase in demand for MMA products in the country's market. MMA adhesives offer the benefit of high impact resistance and the ability to minimize the need for surface preparation. This increases the productivity and reduces the assembly costs, thus increasing the demand of MMA adhesives for bonding. The markets in other emerging economies, such as India and China, are also expected to witness rapid growth.

Key Market Players in the MMA adhesives Market 

The key players in this market are Illinois Tool Works Inc. (U.S.), Arkema (France), SCIGRIP (U.K.), Scott Bader (U.K.), Lord Corporation (U.S.), Cyberbond L.L.C. (U.S.), Henkel AG & Company (Germany), Permabond L.L.C. (U.S.), Parsons Adhesive Inc. (U.S.), Huntsman Corporation (U.S.), and 3M Company (U.S.) among others.

Browse Related Reports: 

Structural Adhesive Market by Type (Acrylic, Cyanoacrylates, Epoxy, Methylacrylate, Polyurethane, and Others), by Application (Automotive, Aerospace, Building & Construction, Bus & Truck, Marine, Rail, and Wind) - Global Forecasts to 2020
http://www.marketsandmarkets.com/Market-Reports/structural-adhesives-market-209974695.html

Adhesives & Sealants Market by Technology (Water, Solvent, Hot-Melt, Reactive & Others), by Chemistry (PAE, PVA, VAE, EVA, SBS, Synthetic Rubber, Polyamide, Polyurethane, Epoxy, Cyanoacrylate, & Others), & by Application - Global Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/adhesive-sealants-market-421.html

About MarketsandMarkets 

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com


Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
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