Market Forecast by Regions and Countries (North America, Europe, LATAM, Middle East, Asia Pacific and Africa), By Application (Paint and Adhesives, Fiber Processing Agent, Rubber Modifier, Leather Treatment, Paper Processing Agent, Lubricant Additive, Cement Mixing Agent, Others), By End-users (Paints and Coatings, Textile, Leather, Paper Manufacture, Construction, Automobiles, Electronics, Others), By Type (Liquid Products, Glacial Products) And Competitive Landscape
Product Code: ETC13197642 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 | |
According to 6Wresearch internal database and industry insights, the global methacrylic acid market size was valued at approximately USD 1.3 billion in 2024, and it is anticipated to grow at a CAGR of 5.2% from 2025 to 2031, reaching around USD 2.0 billion by 2031.
Report Name | Global Methacrylic Acid Market |
Report Category / Coverage | Global |
Forecast Period | 2025-2031 |
CAGR | 5.2% |
Market Size | USD 2.0 billion by 2031 |
Growing Sector | Construction |
The Global Methacrylic Acid Market report thoroughly covers the market by End-users, Application, Type and Regions. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Methacrylic acid (MAA) is a versatile organic compound widely used as a precursor for the production of methacrylates and related derivatives in industrial processes. These derivatives are key raw materials in the manufacturing of adhesives, coatings, resins, and plastics. The demand for methacrylic acid continues to grow globally, driven by advancements in industrial manufacturing and the rising need for high-performance materials across multiple sectors.
Global Methacrylic Acid Market is expected to grow at a significant CAGR of 5.2% during the forecast period 2025-2031. The primary drivers of the global methacrylic acid market include the increasing demand for adhesives and coatings in construction and automobile sectors. The growing adoption of sustainable building materials and innovative automotive designs has amplified the need for methacrylic acid-based products due to their excellent binding properties. Additionally, the rising use of methacrylic acid in electronics and paper industries as additives further fuels market expansion. The growing urbanization and industrialization in emerging economies, particularly in Asia-Pacific, act as key accelerators for increased Global Methacrylic Acid Market growth.
Despite its promising growth trajectory, the methacrylic acid market faces significant challenges, such as fluctuations in raw material prices and environmental concerns related to the production process. Methacrylic acid manufacturing emits volatile organic compounds (VOCs), raising ecological and regulatory barriers in certain regions. Another challenge stems from the high costs associated with sophisticated production technologies, which may act as a deterrent for small-scale manufacturers.
An emerging trend in methacrylic acid is the movement towards production processes that are bio-based and sustainable. Leading companies are continuing their investments in green - eco-friendly - production technology as part of new regulations and consumer demands. Furthermore, methacrylic acid's rapid acceptance in 3D printing resins, and specialty coatings for high-performance surfaces, shows how the market remains attracted to innovation.
The global methacrylic acid market holds many investment opportunities, particularly in the Asia-Pacific region, which portrays an impressive opportunity as the global home for production capacity and demand and offers emerging industrial sectors. Also, the R & D in bio-based methacrylic acid will improve quickly due to the demand for green chemistry, as an avenue for investment. Then the other prospective markets in Latin America and the Middle East mark various sectors with investment opportunities, especially construction and electronics.
Prominent players in the global methacrylic acid market include Mitsubishi Chemical Corporation, BASF SE, Evonik Industries AG, Dow Inc., and Arkema S.A. These companies dominate the market due to their advanced production capabilities, diverse product portfolios, and strong geographic presence. Mitsubishi Chemical Corporation maintains a leading position in the market, thanks to its continuous innovations in methacrylic acid derivatives and strengthened focus on sustainable production.
Regulatory compliance, in the form of rules and regulations governing the use of chemicals and volatile organic substances, can affect methacrylic acid production. Overall regulatory frameworks such as EU REACH (Registration, Evaluation, Authorization and Restriction of Chemicals) and a variety of U.S. Environmental Protection Agency (EPA) standards affect the regulatory compliance process in a strict manner because the compliance process requires that the regulatory compliance be for the safe operation of workers and the environment. Regulatory compliance has also promoted the introduction of environmentally friendly production methodologies adopted by manufacturers that affect producers apart from price.
The global methacrylic acid market, in the future, will continue to thrive, driven by advancements in novel positions such as technologies - applications for 3D printing materials, smart coatings, and specialty polymers. The consistent application of sustainable or eco-friendly production practices will help the market not rely on traditional production methods included in the last section as a result of demand from consumers for eco-friendly or sustainable alternatives or products based on green chemistry practices. Methacrylic acid derivatives, especially with advances in technology, will also continue to increase growth potential for manufacturers and investors based on market opportunity.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
The Paints and Coatings segment is the dominant end-user category, reflecting a substantial share of methacrylic acid consumption. This dominance is supported by rising infrastructure projects worldwide and the growing demand for durable and efficient coatings in automotive applications.
Among applications, Paint and Adhesives remain the dominating category due to methacrylic acid's superior binding properties and growing application in the construction and automotive sectors. The increasing focus on high-performance and weather-resistant coatings further positions this segment as a market leader.
According to Ravi Bhandari, Research Head, 6Wresearch, The Asia-Pacific region dominates the global methacrylic acid market owing to its vast manufacturing base and burgeoning construction, automotive, and electronics industries. Countries such as China, India, and Japan lead the region due to increased investments in industrial infrastructure and high product demand.
The market report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Methacrylic Acid Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Methacrylic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Global Methacrylic Acid Market - Industry Life Cycle |
3.4 Global Methacrylic Acid Market - Porter's Five Forces |
3.5 Global Methacrylic Acid Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Methacrylic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Global Methacrylic Acid Market Revenues & Volume Share, By End-users, 2021 & 2031F |
3.8 Global Methacrylic Acid Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Global Methacrylic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Methacrylic Acid Market Trends |
6 Global Methacrylic Acid Market, 2021 - 2031 |
6.1 Global Methacrylic Acid Market, Revenues & Volume, By Application, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Methacrylic Acid Market, Revenues & Volume, By Paint and Adhesives, 2021 - 2031 |
6.1.3 Global Methacrylic Acid Market, Revenues & Volume, By Fiber Processing Agent, 2021 - 2031 |
6.1.4 Global Methacrylic Acid Market, Revenues & Volume, By Rubber Modifier, 2021 - 2031 |
6.1.5 Global Methacrylic Acid Market, Revenues & Volume, By Leather Treatment, 2021 - 2031 |
6.1.6 Global Methacrylic Acid Market, Revenues & Volume, By Paper Processing Agent, 2021 - 2031 |
6.1.7 Global Methacrylic Acid Market, Revenues & Volume, By Lubricant Additive, 2021 - 2031 |
6.1.8 Global Methacrylic Acid Market, Revenues & Volume, By Cement Mixing Agent, 2021 - 2031 |
6.1.9 Global Methacrylic Acid Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Methacrylic Acid Market, Revenues & Volume, By End-users, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Methacrylic Acid Market, Revenues & Volume, By Paints and Coatings, 2021 - 2031 |
6.2.3 Global Methacrylic Acid Market, Revenues & Volume, By Textile, 2021 - 2031 |
6.2.4 Global Methacrylic Acid Market, Revenues & Volume, By Leather, 2021 - 2031 |
6.2.5 Global Methacrylic Acid Market, Revenues & Volume, By Paper Manufacture, 2021 - 2031 |
6.2.6 Global Methacrylic Acid Market, Revenues & Volume, By Construction, 2021 - 2031 |
6.2.7 Global Methacrylic Acid Market, Revenues & Volume, By Automobiles, 2021 - 2031 |
6.2.8 Global Methacrylic Acid Market, Revenues & Volume, By Electronics, 2021 - 2031 |
6.2.9 Global Methacrylic Acid Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3 Global Methacrylic Acid Market, Revenues & Volume, By Type, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Methacrylic Acid Market, Revenues & Volume, By Liquid Products, 2021 - 2031 |
6.3.3 Global Methacrylic Acid Market, Revenues & Volume, By Glacial Products, 2021 - 2031 |
7 North America Methacrylic Acid Market, Overview & Analysis |
7.1 North America Methacrylic Acid Market Revenues & Volume, 2021 - 2031 |
7.2 North America Methacrylic Acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Methacrylic Acid Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Methacrylic Acid Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Methacrylic Acid Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Methacrylic Acid Market, Revenues & Volume, By Application, 2021 - 2031 |
7.4 North America Methacrylic Acid Market, Revenues & Volume, By End-users, 2021 - 2031 |
7.5 North America Methacrylic Acid Market, Revenues & Volume, By Type, 2021 - 2031 |
8 Latin America (LATAM) Methacrylic Acid Market, Overview & Analysis |
8.1 Latin America (LATAM) Methacrylic Acid Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Methacrylic Acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Methacrylic Acid Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Methacrylic Acid Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Methacrylic Acid Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Methacrylic Acid Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Methacrylic Acid Market, Revenues & Volume, By Application, 2021 - 2031 |
8.4 Latin America (LATAM) Methacrylic Acid Market, Revenues & Volume, By End-users, 2021 - 2031 |
8.5 Latin America (LATAM) Methacrylic Acid Market, Revenues & Volume, By Type, 2021 - 2031 |
9 Asia Methacrylic Acid Market, Overview & Analysis |
9.1 Asia Methacrylic Acid Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Methacrylic Acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Methacrylic Acid Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Methacrylic Acid Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Methacrylic Acid Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Methacrylic Acid Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Methacrylic Acid Market, Revenues & Volume, By Application, 2021 - 2031 |
9.4 Asia Methacrylic Acid Market, Revenues & Volume, By End-users, 2021 - 2031 |
9.5 Asia Methacrylic Acid Market, Revenues & Volume, By Type, 2021 - 2031 |
10 Africa Methacrylic Acid Market, Overview & Analysis |
10.1 Africa Methacrylic Acid Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Methacrylic Acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Methacrylic Acid Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Methacrylic Acid Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Methacrylic Acid Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Methacrylic Acid Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Methacrylic Acid Market, Revenues & Volume, By Application, 2021 - 2031 |
10.4 Africa Methacrylic Acid Market, Revenues & Volume, By End-users, 2021 - 2031 |
10.5 Africa Methacrylic Acid Market, Revenues & Volume, By Type, 2021 - 2031 |
11 Europe Methacrylic Acid Market, Overview & Analysis |
11.1 Europe Methacrylic Acid Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Methacrylic Acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Methacrylic Acid Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Methacrylic Acid Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Methacrylic Acid Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Methacrylic Acid Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Methacrylic Acid Market, Revenues & Volume, By Application, 2021 - 2031 |
11.4 Europe Methacrylic Acid Market, Revenues & Volume, By End-users, 2021 - 2031 |
11.5 Europe Methacrylic Acid Market, Revenues & Volume, By Type, 2021 - 2031 |
12 Middle East Methacrylic Acid Market, Overview & Analysis |
12.1 Middle East Methacrylic Acid Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Methacrylic Acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Methacrylic Acid Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Methacrylic Acid Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Methacrylic Acid Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Methacrylic Acid Market, Revenues & Volume, By Application, 2021 - 2031 |
12.4 Middle East Methacrylic Acid Market, Revenues & Volume, By End-users, 2021 - 2031 |
12.5 Middle East Methacrylic Acid Market, Revenues & Volume, By Type, 2021 - 2031 |
13 Global Methacrylic Acid Market Key Performance Indicators |
14 Global Methacrylic Acid Market - Export/Import By Countries Assessment |
15 Global Methacrylic Acid Market - Opportunity Assessment |
15.1 Global Methacrylic Acid Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Methacrylic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
15.3 Global Methacrylic Acid Market Opportunity Assessment, By End-users, 2021 & 2031F |
15.4 Global Methacrylic Acid Market Opportunity Assessment, By Type, 2021 & 2031F |
16 Global Methacrylic Acid Market - Competitive Landscape |
16.1 Global Methacrylic Acid Market Revenue Share, By Companies, 2024 |
16.2 Global Methacrylic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |