Worldwide Opportunity Outlook on the Methyl Methacrylate Adhesives Market (2019-2023): 3M, Arkema, H.B. Fuller, Henkel, Huntsman International, and Sika are Dominating - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Feb 7, 2019--The “Global Methyl Methacrylate Adhesives Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The methyl methacrylate adhesives market will register a CAGR of over 7% by 2023.
Developing countries such as China, India, Indonesia, Brazil, and Mexico are the major contributors to the global methyl methacrylate market.
Many vendors of methyl methacrylate adhesives are shifting their manufacturing activities to these developing countries. Factors such as availability of raw materials, inexpensive labor, availability of land, low transportation costs, and less stringent government regulations are conducive to the growth of the market.
The emergence of China and India as the manufacturing hubs of the construction, automobile, and other general industries in APAC is a significant factor as well. The governments of these countries are investing heavily in the housing industry because of urbanization and improved standard of living.
The increase in residential construction from APAC region is expected to have a positive impact on the methyl methacrylate adhesives market.
Growth in the automotive industry
In automobile applications methyl methacrylate adhesives are used for bonding composites, metal, plastics, and other materials.
Methyl methacrylate adhesives are commonly used during the production process to eliminate the rivets and welds. They help in improving the fuel efficiency of vehicles by reducing their overall weight.
The increasing preference for fuel-efficient vehicles with reduced weight is expected to drive the growth of the market.
Stringent regulations and policies
Stringent regulations by the Environmental protection agency (EPA) and Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) on the VOC content of adhesives can pose serious challenges to the methyl methacrylate adhesives market.
Vendors of methyl methacrylate adhesives are liable to comply with the standards. Stringent regulations and policies on the use of adhesives are likely to hamper the growth of the market under focus.
The global methyl methacrylate adhesives market is moderately fragmented and as the market is in its growth phase, the competition among companies is intense.
This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Key Players3M Arkema H.B. Fuller Henkel Huntsman International Sika
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPEMarket Ecosystem Market Characteristics Market Segmentation Analysis
PART 04: MARKET SIZINGMarket Definition Market Sizing 2018 Market Size and Forecast 2018-2023
PART 05: FIVE FORCES ANALYSISBargaining Power of Buyers Bargaining Power of Suppliers Threat of New Entrants Threat of Substitutes Threat of Rivalry Market Condition
PART 06: MARKET SEGMENTATION BY END-USERComparison By End-User Automotive and Transportation - Market Size and Forecast 2018-2023 Construction - Market Size and Forecast 2018-2023 Marine - Market Size and Forecast 2018-2023 Others - Market Size and Forecast 2018-2023 Market Opportunity By End-User
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPEGeographic Comparison APAC - Market Size and Forecast 2018-2023 Europe - Market Size and Forecast 2018-2023 North America - Market Size and Forecast 2018-2023 Middle East and Africa - Market Size and Forecast 2018-2023 South America - Market Size and Forecast 2018-2023 Key Leading Countries Market Opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDSIncrease in R&D Activities Stringent Automobile Fuel Emission Standards Increasing Preference for Renewable Energy
PART 12: VENDOR LANDSCAPEOverview Landscape Disruption Competitive Scenario
PART 13: VENDOR ANALYSISVendors Covered Vendor Classification Market Positioning Of Vendors 3M Arkema H.B. Fuller Henkel Huntsman International Sika
For more information about this report visit https://www.researchandmarkets.com/research/hj72h4/worldwide?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190207005609/en/
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Related Topics:Adhesives and Sealants ,Plastic Additives
INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING
SOURCE: Research and Markets
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PUB: 02/07/2019 11:12 AM/DISC: 02/07/2019 11:12 AM