Methyl Meth Acrylate (MMA) Price In USA
- USA: 2472 USD/MT
During Q2 2024, the methyl meth acrylate (MMA) prices in USA reached 2472 USD/MT in June.
The latest report by IMARC Group, titled "Methyl Meth Acrylate (MMA Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of Methyl Meth acrylate (MMA) Prices. This report delves into the price of Methyl Meth Acrylate (MMA) Globally, presenting a detailed analysis, along with informative Methyl Meth Acrylate (MMA) Price Chart. Through comprehensive methyl meth acrylate (MMA) Price News, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the methyl meth acrylate (MMA) demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Methyl Meth Acrylate Prices December 2023:
- USA: 2472 USD/MT
- South Korea: 2123 USD/MT
- Brazil: 2559 USD/MT
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The study delves into the factors affecting methyl meth acrylate (MMA) price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/methyl-meth-acrylate-pricing-report/requestsample
Methyl Meth Acrylate (MMA) Price Trend- Q4 2023
Methyl meth acrylate (MMA) is a versatile chemical primarily used in the production of polymethyl methacrylate (PMMA), coatings, adhesives, and resins. It plays a vital role in industries like automotive, construction, electronics, and healthcare due to its durability and optical clarity. The global MMA market is driven by growing demand for lightweight materials in automotive manufacturing, increasing use of PMMA in electronics, and expanding applications in healthcare for medical devices. Additionally, advancements in sustainable MMA production methods and the rising adoption of bio-based alternatives are key trends shaping the market. The growing emphasis on sustainability across industries, coupled with the expanding construction and infrastructure development worldwide, further boosts MMA demand, especially for coatings and adhesives. The market is also benefiting from innovations in 3D printing and other advanced manufacturing technologies.
Methyl Meth Acrylate (MMA) Industry Analysis
During Q2 2024, MMA prices in the U.S. remained firm, driven by supply constraints despite weak raw material costs. Demand surged, particularly from the automotive sector, boosting downstream PMMA consumption. Production expansions, such as Rohm’s facility upgrade in Connecticut, further supported demand. However, ongoing low operating rates and potential weather disruptions, including hurricanes, are expected to exacerbate the supply shortage, leading to increased prices.
In South Korea, MMA prices climbed in Q2 2024 due to limited inventories and stable downstream demand from the PMMA industry. Despite constrained raw material supplies, export demand from China and the U.S. increased, supporting higher prices. Inflation in South Korea eased but remained above target, with tight MMA production further limiting availability. Reduced manufacturing rates in the region also contributed to a supply shortage, pushing prices upward.
MMA prices rose in Germany throughout Q2 2024, influenced by higher prices set by major producers, despite declining feedstock costs. Demand from the automotive sector boosted consumption of PMMA, which in turn increased MMA prices. Inflation eased in Germany, improving consumer sentiment, but supply remained tight due to reduced manufacturing rates and costly imports from Asia. Elevated ocean freight charges from Asia to Europe further impacted costs.
In Latin America, particularly Brazil, MMA prices increased in Q2 2024, driven by limited inventories despite subdued domestic demand from the PMMA industry. Automotive production slowed, reducing MMA consumption, while inflation pressures eroded consumer purchasing power. Delays in MMA shipments from Asia, due to severe port congestion, worsened supply shortages. These challenges are expected to persist, maintaining pressure on MMA prices in this region.
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco.
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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