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Global Methyl Methacrylate Adhesives Market Challenges and Opportunities || Top Competitors – ND Industries Inc., Hernon Manufacturing INC, Parson Adhesives Inc.

Global Methyl Methacrylate Adhesives Market is expected to rise from its initial estimated value of USD 1.13 billion in 2018 to an estimated value of USD 2.01 billion by 2026, registering a CAGR of 7.47% in the forecast period of 2019-2026. This rise in market value can be attributed to the high levels of demand from the various end users due to the growing levels of urbanization.

Key Market Competitors: Global Methyl Methacrylate Adhesives Market

Few of the major competitors currently working in the methyl methacrylate adhesives are Illinois Tool Works Inc., Henkel AG & Co. KGaA, H.B. Fuller Company, 3M, Arkema, Huntsman International LLC, Sika AG, SCIGRIP, Scott Bader Company Ltd., LORD Corporation, DowDuPont, Novachem Corporation ltd, ND Industries Inc., Hernon Manufacturing INC, Parson Adhesives Inc., Chemique Adhesives & Sealants Ltd, Permabond LLC and Engineered Bonding Solutions LLC.

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Market Definition: Global Methyl Methacrylate Adhesives Market

Methyl methacrylate adhesive is a variant of structural adhesive that is produced from methyl methacrylate chemical compound. These structural adhesives are used to hold or build together joints in any structure. These adhesives also include a hardener and are mixed with a resin. These adhesives are used to improve the integrity of the structure and are resistant to heavy impact or peeling.

Market Drivers:

  • Increased levels of demand from the various end-users due to the added benefits related to the usage is expected to act as a driver for the market growth
  • High levels of demand for lightweight and environmental-friendly vehicles is also expected to act as a driver for the market growth

Market Restraints:

  • Fluctuations and vulnerable nature of raw material prices is expected to act as a restraint to the market growth

Segmentation: Global Methyl Methacrylate Adhesives Market

  • By Substrate
    • Metal
    • Plastic
    • Composite
    • Others
  • By End-Use Industry
    • Automotive & Transportation
    • Building & Construction
    • Marine
    • Wind Energy
    • General Assembly
    • Others
  • By Geography
    • North America
      • US
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
      • Russia
      • Turkey
      • Belgium
      • Netherlands
      • Rest of Europe
    • Asia-Pacific
      • Japan
      • China
      • South Korea
      • India
      • Australia
      • Singapore
      • Malaysia
      • Indonesia
      • Thailand
      • Philippines
      • Rest of Asia-Pacific
    • Middle East and Africa
      • South Africa
      • Egypt
      • Saudi Arabia
      • United Arab Emirates
      • Israel
      • Rest of Middle East and Africa

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Key Developments in the Market:

  • In October 2017, H.B. Fuller Company announced they had completed the acquisition of Royal Adhesives & Sealants.
  • In February 2015, Arkema announced that they had completed the acquisition of Bostik and with this acquisition Arkema enhances its product expertise and is expected to become a global leader of chemicals and additives.

Competitive Analysis: Global Methyl Methacrylate Adhesives Market

Global methyl methacrylate adhesives market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of methyl methacrylate adhesives market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Research Methodology: Global Methyl Methacrylate Adhesives Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your enquiry.

The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key Market players involved in this industry
  • Detailed analysis of the Market Segmentation
  • Competitive analysis of the key players involved

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