Methyl Methacrylate Prices, Trends & Forecasts | Provided by Procurement Resource

Methyl methacrylate (MMA) is a chemical molecule with the formula CH2=C(CH3) COOCH3. It is a colourless liquid with a distinct fruity odour that is very combustible.

It is an acrylic monomer that is often used in the creation of polymethyl methacrylate (PMMA) or acrylic glass, which is a transparent thermoplastic material usually known as “plexiglass” or “acrylic.” PMMA is widely employed in a variety of applications, including lenses, signage, display panels, automotive parts, and medical equipment.

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The boiling point of methyl methacrylate is 100.6 °C and its melting point is -48.5 °C. The density of methyl methacrylate is 0.939 g/cm3 and its viscosity is 0.548 cP.

MMA is also utilised as a reactive diluent in adhesives, coatings, and composites, as well as a precursor to other compounds such as methacrylic acid and methyl methacrylate-butadiene-styrene (MBS) copolymers.

Owing to its toxicity and flammability, MMA is classified as a hazardous material that requires careful handling and disposal.

The United States, China, Japan, Germany, and Singapore are the leading methyl methacrylate-producing countries.

Key Details About the Methyl Methacrylate Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Methyl Methacrylate price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Methyl Methacrylate Price Trend, chart, including India Methyl Methacrylate price, USA Methyl Methacrylate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Methyl Methacrylate Price Trend:

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It is widely utilised in lenses, signage, display panels, automobile parts, and medical equipment.

Additionally, It is used in adhesives, coatings, and composites as a reactive diluent to increase mechanical characteristics and reduce viscosity.

It’s a precursor to other chemicals including methacrylic acid, which is used to make resins, adhesives, and coatings, and methyl methacrylate-butadiene-styrene (MBS) copolymers, which are used to make impact-resistant plastics.

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It is used as a solvent for a variety of organic compounds as well as a starting material in chemical synthesis. It is also used to make dental prosthesis, contact lenses, and bone cement.

Key Players:

  • Arkema
  • Sumitomo Chemical Company
  • Dhalop Chemicals
  • Kuraray Group
  • Saudi Methacrylates Company (SAMAC)

Recent News:

  • April 04, 2023: Prices for methyl methacrylate increased in the United States and Asian markets during the final week of March 2023. This was reinforced by improved trading sentiments. The commercial rebound in China, continuous imports from the exporting country, higher inflationary pressure, and rising interest rates by the US Federal Reserve have all had an impact on methyl methacrylate pricing.

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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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