South Korea Methyl Methacrylate (MMA) Market is Segmented By Application (Polymethyl Methacrylate (PMMA), Surface Coating, Others), By End-use Industry (Building & Construction, Automotive, Electronics, Aerospace, Paints & Coatings, Medical, Others). The report offers the value (in USD million) for the above-mentioned segments.
Market Size in USD
CAGR5.1%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 5.1% |
Largest Market | South Korea |
Market Concentration | High |
Major Players | BASF SE, Evonik Industries AG, Arkema Group, The Dow Chemical Company, Sumitomo Chemical Company Limited |
The South Korea Methyl Methacrylate (MMA) Market size is expected to reach US$ 503.9 Mn by 2031, from US$ 337.2 Mn in 2023, at a CAGR of 5.1% during the forecast period. The South Korea methyl methacrylate (MMA) market has been witnessing steady growth over the past few years. MMA is an important monomer that is primarily used to manufacture acrylic sheet and polymethyl methacrylate (PMMA). It serves as a key raw material in various end-use industries such as automotive, construction, electronics, signs & displays and others.
South Korea Methyl Methacrylate (MMA) Market Drivers
South Korea Methyl Methacrylate (MMA) Market Restraints
South Korea Methyl Methacrylate (MMA) Market Opportunity