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Showing posts with the label Methyl Methacrylate Market Trend

Europe Methyl Methacrylate Market Overview with Current Trends Analysis -2028

Methyl methacrylate is used as a precursor of Polymethyl Methacrylate (PMMA), which is used in the manufacturing of various automotive, industrial, and electronic components. Durability and resistance to UV and extreme weather conditions make MMA an ideal material for various applications in these industries. The Europe Methyl Methacrylate (MMA) Market size is expected to reach USD 4.26 billion by 2028, according to a new report by Grand View Research, Inc., registering a CAGR of 8.0% during the forecast period. MMA, the key raw material used for the production of PMMA, is an unsaturated ester widely utilized to produce polymers for a wide range of industrial and consumer applications, including surface coatings, injection molding and extrusion, and various transparent impact-resistant plastic sheets. Growing importance of lightweight vehicles with reduced CO2 emissions and improved fuel efficiency is expected to drive the consumption of PMMA in the automobile sector. Automoti...