Market overview
The global methacrylic acid market is worth USD 1.5 bn in 2026 and is forecast to reach USD 2.4 bn by 2036, growing at a 5.0% CAGR. China is the largest country market and Methyl methacrylate and esters is the largest by application segment.
| Scope | Methacrylic acid used to make methyl methacrylate, acrylic polymers, specialty monomers, coatings and superabsorbent resins. |
|---|---|
| Industry | Chemicals and Materials |
| Value 2025 | USD 1.4 bn |
| Value 2026 | USD 1.5 bn |
| Value 2036 | USD 2.4 bn |
| CAGR 2026-2036 | 5.0% |
| Volume 2026 | 675,871 tonnes |
| Volume 2036 | 1,047,360 tonnes |
| Average price 2026 | USD 2,211 per tonne |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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Methacrylic Acid market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 2026 | USD 1.49 bn |
| 2027 | USD 1.57 bn |
| 2028 | USD 1.65 bn |
| 2029 | USD 1.73 bn |
| 2030 | USD 1.82 bn |
| 2031 | USD 1.91 bn |
| 2032 | USD 2.00 bn |
| 2033 | USD 2.10 bn |
| 2034 | USD 2.21 bn |
| 2035 | USD 2.32 bn |
| 2036 | USD 2.43 bn |
Methacrylic Acid market segmentation
By application
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Methyl methacrylate and esters | 58.0% | 56.4% | USD 867 mn | 4.7% |
| Polymers and resins | 20.0% | 20.4% | USD 299 mn | 5.2% |
| Coatings and adhesives | 14.0% | 15.0% | USD 209 mn | 5.7% |
| Other | 8.0% | 8.2% | USD 120 mn | 5.2% |
By grade
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Glacial | 64.0% | 64.5% | USD 956 mn | 5.1% |
| Technical | 26.0% | 25.0% | USD 389 mn | 4.6% |
| Polymer grade | 10.0% | 10.6% | USD 149 mn | 5.6% |
By production route
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Acetone cyanohydrin | 62.0% | 58.0% | USD 926 mn | 4.3% |
| C4 oxidation | 26.0% | 28.0% | USD 389 mn | 5.8% |
| Ethylene-based | 12.0% | 14.0% | USD 179 mn | 6.6% |
By end-use industry
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Construction | 34.0% | 33.0% | USD 508 mn | 4.7% |
| Automotive and transport | 20.0% | 20.0% | USD 299 mn | 5.0% |
| Electronics and displays | 18.0% | 19.0% | USD 269 mn | 5.6% |
| Paints, textiles and other | 28.0% | 28.0% | USD 418 mn | 5.0% |
By supply model
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Captive | 44.0% | 42.0% | USD 658 mn | 4.5% |
| Merchant contracts | 40.0% | 42.0% | USD 598 mn | 5.5% |
| Spot | 16.0% | 16.0% | USD 239 mn | 5.0% |
Top 25 countries for methacrylic acid by revenue
Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 87.5% of 2026 revenue and the 25 countries below together hold 97.0%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | China | USD 538 mn | 36.0% | USD 935 mn | 5.7% |
| 2 | United States | USD 209 mn | 14.0% | USD 314 mn | 4.1% |
| 3 | Germany | USD 120 mn | 8.0% | USD 180 mn | 4.2% |
| 4 | Japan | USD 105 mn | 7.0% | USD 151 mn | 3.7% |
| 5 | South Korea | USD 90 mn | 6.0% | USD 134 mn | 4.1% |
| 6 | Taiwan | USD 60 mn | 4.0% | USD 85 mn | 3.6% |
| 7 | India | USD 60 mn | 4.0% | USD 124 mn | 7.6% |
| 8 | France | USD 45 mn | 3.0% | USD 68 mn | 4.3% |
| 9 | Belgium | USD 45 mn | 3.0% | USD 68 mn | 4.3% |
| 10 | Brazil | USD 37 mn | 2.5% | USD 66 mn | 5.8% |
| 11 | Netherlands | USD 17 mn | 1.2% | USD 28 mn | 5.0% |
| 12 | United Kingdom | USD 15 mn | 1.0% | USD 25 mn | 5.0% |
| 13 | Italy | USD 14 mn | 0.9% | USD 22 mn | 5.0% |
| 14 | Spain | USD 12 mn | 0.8% | USD 20 mn | 5.0% |
| 15 | Thailand | USD 12 mn | 0.8% | USD 22 mn | 6.5% |
| 16 | Singapore | USD 11 mn | 0.7% | USD 18 mn | 5.0% |
| 17 | Mexico | USD 9.4 mn | 0.6% | USD 15 mn | 5.0% |
| 18 | Turkey | USD 8.7 mn | 0.6% | USD 14 mn | 5.0% |
| 19 | Russia | USD 7.9 mn | 0.5% | USD 13 mn | 5.0% |
| 20 | Saudi Arabia | USD 7.2 mn | 0.5% | USD 12 mn | 5.0% |
| 21 | Malaysia | USD 6.4 mn | 0.4% | USD 12 mn | 6.6% |
| 22 | Canada | USD 6.4 mn | 0.4% | USD 10 mn | 5.0% |
| 23 | Poland | USD 5.8 mn | 0.4% | USD 9.5 mn | 5.0% |
| 24 | Indonesia | USD 5.1 mn | 0.3% | USD 9.5 mn | 6.5% |
| 25 | Vietnam | USD 4.3 mn | 0.3% | USD 8.0 mn | 6.4% |
| Rest of world | USD 45 mn | 3.0% | USD 71 mn | 4.7% |
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
Competitive landscape
Group 1: Global leaders
- Mitsubishi Chemical Group
- Arkema
- BASF
- Dow
- Evonik
- Asahi Kasei
Group 2: Regional and specialist players
- Rohm
- Sumitomo Chemical
- LG MMA
- Chi Mei Corporation
- Kuraray
- Zhejiang Satellite Petrochemical
- Saudi Methacrylates Company
Group 3: Emerging and niche players
- Lotte MCC
- Shandong Hongxin Chemicals
Research methodology
Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the methacrylic acid market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.
The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 5.0% is calculated from the resulting values.
The market is divided by application, by grade, by production route, by end-use industry, by supply model. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.
Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.
Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.
Frequently asked questions
How big is the methacrylic acid market?
The global methacrylic acid market is estimated at USD 1.4 bn in 2025 and USD 1.5 bn in 2026.
How fast will the methacrylic acid market grow?
It is forecast to reach USD 2.4 bn by 2036, a compound annual growth rate of 5.0% from 2026, an increase of USD 940 mn.
Which country is the largest market for methacrylic acid?
China is the largest market by revenue at USD 538 mn in 2026, 36.0% of the global total. The three largest countries together hold 58.0%.
Which country is growing fastest?
Among the ten largest markets, India is growing fastest at 7.6% a year from 2026 to 2036.
Which methacrylic acid segment is largest?
In the by application split, Methyl methacrylate and esters is the largest segment with 58.0% of 2026 revenue.
Who are the leading methacrylic acid companies?
Global leaders include Mitsubishi Chemical Group, Arkema, BASF, Dow.
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