Global Methacrylic Acid Market Insights, Forecast to 2026
Methacrylic acid 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).
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Methacrylic Acid market is mainly occupied by Asia companies, the China companies’ product is relatively lower in quality and price, and it is shock for the Japan, Korea and Taiwan product.
MAA, which is produced using Acetone Cyanohydrin as its main ingredient, is used as a raw material primarily in paint, adhesives, synthetic rubber, and admixture for concrete. With the development of the downstream industries, MAA production keeps increase recent years, some MMA manufacturers entered the MAA industry.
With the economic growth of emerging countries, supply of MAA remains tight in Asia, especially China, as well as in North and South America.
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Methacrylic Acid 3900 market in 2020
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.
The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
This report also analyses the impact of Coronavirus COVID-19 on the Methacrylic Acid 3900 industry.
Based on our recent survey, we have several different scenarios about the Methacrylic Acid 3900 YoY growth rate for 2020. The probable scenario is expected to grow by a xx% in 2020 and the revenue will be xx in 2020 from US$ 1187 million in 2019. The market size of Methacrylic Acid 3900 will reach xx in 2026, with a CAGR of xx% from 2020 to 2026.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Methacrylic Acid market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Methacrylic Acid market in terms of both revenue and volume.
Players, stakeholders, and other participants in the global Methacrylic Acid market will be able to gain the upper hand as they use the report as a powerful resource. For this version of the report, the segmental analysis focuses on sales (volume), revenue and forecast by each application segment in terms of sales and revenue and forecast by each type segment in terms of revenue for the period 2015-2026.
Sales and Pricing Analyses
Readers are provided with deeper sales analysis and pricing analysis for the global Methacrylic Acid market. As part of sales analysis, the report offers accurate statistics and figures for sales and revenue by region, by each type segment for the period 2015-2026.
In the pricing analysis section of the report, readers are provided with validated statistics and figures for the price by players and price by region for the period 2015-2020 and price by each type segment for the period 2015-2020.
Regional and Country-level Analysis
The report offers an exhaustive geographical analysis of the global Methacrylic Acid market, covering important regions, viz, North America, Europe, China and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by each application segment in terms of sales for the period 2015-2026.
Competition Analysis
In the competitive analysis section of the report, leading as well as prominent players of the global Methacrylic Acid market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on sales by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Methacrylic Acid market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Methacrylic Acid market.
The following manufacturers are covered in this report:
- DowDuPont
- Basf
- Evonik
- MRC
- Formosa
- LOTTE MRC
- Kuraray
- LG Chem
- MGC
- Daesan MMA Corp.
- Evonik
- SATLPEC
- Sanyi Tech
- Hefa Ind
- Dongue
Methacrylic Acid Breakdown Data by Type
- Liquid Products
- Glacial Products
Methacrylic Acid Breakdown Data by Application
- Special Additives
- Paint Industry
- Rubber Industry
- Other
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Table of content
1 Study Coverage
1.1 Methacrylic Acid Product Introduction
1.2 Market Segments
1.3 Key Methacrylic Acid Manufacturers Covered: Ranking by Revenue
1.4 Market by Type
1.4.1 Global Methacrylic Acid Market Size Growth Rate by Type
1.4.2 Liquid Products
1.4.3 Glacial Products
1.5 Market by Application
1.5.1 Global Methacrylic Acid Market Size Growth Rate by Application
1.5.2 Special Additives
1.5.3 Paint Industry
1.5.4 Rubber Industry
1.5.5 Other
1.6 Coronavirus Disease 2019 (Covid-19): Methacrylic Acid Industry Impact
1.6.1 How the Covid-19 is Affecting the Methacrylic Acid Industry
1.6.1.1 Methacrylic Acid Business Impact Assessment - Covid-19
1.6.1.2 Supply Chain Challenges
1.6.1.3 COVID-19’s Impact On Crude Oil and Refined Products
1.6.2 Market Trends and Methacrylic Acid Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.6.3.2 Proposal for Methacrylic Acid Players to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Executive Summary
2.1 Global Methacrylic Acid Market Size Estimates and Forecasts
2.1.1 Global Methacrylic Acid Revenue 2015-2026
2.1.2 Global Methacrylic Acid Sales 2015-2026
2.2 Methacrylic Acid Market Size by Reg
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