MMA Adhesives Market’s Opportunities and Challenges

October 27 18:16 2019
MMA Adhesives Market’s Opportunities and Challenges

Browse 83 market data Tables and 41 Figures spread through 128 Pages and in-depth TOC on “Methyl Methacrylate Adhesives Market”
Methyl Methacrylate Adhesives Market by Substrate (Metal, Plastic, Composite), End Use Industry (Automotive & Transportation, Marine, Wind Energy, Building & Construction, General Assembly), and Region

The Methyl Methacrylate Adhesives (MMA adhesives) market was valued at USD 1.01 billion in 2017 and is projected to reach 1.56 billion by 2023, at a CAGR of 7.5% during the forecast period.

Downloads PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=74536936

Browse 83 market data Tables and 41 Figures spread through 128 Pages and in-depth TOC on “Methyl Methacrylate Adhesives Market”

Growing demand from new applications such as wind energy, construction, automotive, and repairs

The demand for MMA adhesives is likely to increase from end-use industries such as wind energy, construction, automotive, and aftermarket. The biggest challenge for end users is to bond materials, such as lightweight metals, carbon fibers, and plastics, having different strength and coefficient of thermal expansion. The increased use of these materials has necessitated the development of a bonding technique, which can bond dissimilar materials. This factor offers new growth opportunities to the MMA adhesives manufacturers.

The manufacturers of wind turbines, pipes & tanks, and automotive are working in collaboration with leading MMA adhesive manufacturers to increase the use of these adhesives for bonding components. Several tests and studies for wind energy, automotive, and other applications are undertaken to achieve certification and approval for the use of these adhesives. MMA adhesives can achieve structural bonding within 5–90 minutes along with curing at room temperature without the need for post-curing or heating while curing. These adhesives are gaining popularity as they enable toughness and resistance to fatigue. They also ensure 200% elongation while maintaining the structural strength. These beneficial factors are expected to create new growth opportunities for the MMA adhesives market during the forecast period.

Request for Sample of this Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=74536936

Popularity of epoxy and PU adhesives

Many end-use industries, such as transportation, wind energy, marine, assembly, and construction, have been using mechanical fasteners and adhesives, including acrylics, epoxies, and PU as alternatives to MMA adhesives. These alternatives have high popularity as they are easily available in the market and the engineers have technical expertise in using these techniques. These adhesives offer competitive performance at lower prices than MMA adhesives. Per unit cost of using these alternatives are comparatively lesser than MMA adhesives. This serves as a challenge for players operating in the MMA adhesives market.

Related Report:

Flock Adhesives Market by Resin Type (Acrylics, Polyurethane, Epoxy Resin), Application (Automotive, Textiles, Paper & Packaging), and Region (North America, Europe, Asia Pacific, Middle East & Africa, South America) – Global Forecast to 2022

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Shelly Singh
Email: Send Email
Phone: 1-888-600-6441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/methyl-methacrylate-adhesives-market-74536936.html