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The methyl methacrylate (MMA) monomer market size is forecast to increase by USD 2.35 billion at a CAGR of 4.5% between 2023 and 2028. The market is witnessing significant growth, driven by the increasing demand from the construction industry, particularly in developing countries. The building and construction sector is the largest consumer of MMA monomer due to its extensive usage in producing acrylic polymers for various applications, such as architectural coatings and adhesives. Another trend influencing the market is the shift towards sustainable polymers and lightweight vehicles, leading to an increase in the demand for MMA monomers in the production of eco-friendly and fuel-efficient materials. Additionally, recycling and depolymerization processes are gaining popularity as potential solutions for reducing waste and minimizing the environmental impact of plastic production. However, the market growth is challenged by the volatility in raw material prices and the increasing competition from alternative chemical intermediates.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Method
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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