Top Methyl Methacrylate (MMA) Monomer Market Companies: Profiles, Revenue, and Strategies 2025
- Arkema
- Sumitomo Chemical Company
- Kurary Group
- Dhalop Chemicals
- Saudi Methacrylates Company (SAMAC)
- Asahi Kasei Corporation
- Huntsman Corporation
- The Dow Chemical Company
- Lucite International
- Mitsubishi Chemical Corporation
Arkema
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Headquarters: Colombes, France
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Product Offerings (MMA): Manufactures MMA monomers for acrylic resins, coatings, paints, and adhesives. Also supplies acrylic sheets and PMMA.
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Market Share/Revenue: Arkema is one of the top global producers; while exact MMA segment revenue isn’t isolated, Arkema’s total Q2 2025 sales were €2.4b, with consistent focus on acrylics.
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Recent Developments: Acquired Alquisola (Spain) in 2024 to expand polymer synthesis. Focus on innovation in sustainable and high-performance materials.
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Competitive Positioning/Strategy: Positioned as a performance materials innovator targeting batteries, 3D printing, and sustainable materials with a global footprint. Doubling annual cost-saving targets in 2025 as a response to weak macro demand.
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Key Customers/Industries: Construction, automotive, paints, adhesives, 3D printing.
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Financial Performance (2025): EBITDA margin 15.2%; guidance for €1.3b–€1.4b EBITDA and €300m–€400m recurring cash flow.
Sumitomo Chemical Company
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Headquarters: Tokyo, Japan
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Product Offerings (MMA): Produces MMA monomer and acrylic resin (PMMA) via its new MMA Division (since April 2022).
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Market Share/Revenue: Among top 4 global MMA producers (with Mitsubishi, Dow, and Lucite); holds significant market presence in Japan/China.
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Recent Developments: Created dedicated MMA business division to consolidate global production, marketing, and sales.
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Competitive Positioning/Strategy: Focuses on strategic global expansion, synergies from integrated business segments, and advancements in acrylics.
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Key Customers/Industries: Automotive, construction, IT, packaging, consumer goods.
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Financial Performance (2025): Included in global groups generating billions, but MMA-specific revenue not isolated.
Kuraray Group
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Headquarters: Tokyo, Japan
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Product Offerings (MMA): Produces MMA and methacrylic resins for downstream applications.
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Market Share/Revenue: MMA segment faced capacity optimization in 2024-2025, reducing production and sales volumes due to market conditions.
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Recent Developments: Announced MMA and methacrylic resin capacity optimization in June 2024, responding to demand shifts with reductions in July 2025.
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Competitive Positioning/Strategy: Focus on profitability and operational efficiency, optimizing plants to meet changing demand.
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Key Customers/Industries: Construction/architecture, automotive, electronics.
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Financial Performance: Specific MMA figures not found; part of a broader specialty chemicals group.
Dhalop Chemicals
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Headquarters: Mumbai, India
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Product Offerings (MMA): Supplies MMA and specialty monomers within India and select global markets.
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Market Share/Revenue: Revenue for FY ending March 2024: INR 100–500cr ($12–$60m). EBITDA growth in 2024. Exact MMA market share not specified.
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Recent Developments: Financials indicate strong operational improvement in 2024.
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Competitive Positioning/Strategy: Regional supplier, focus on production optimization and specialty chemicals portfolio.
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Key Customers/Industries: Indian industrial manufacturers, coatings, adhesives.
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Financial Performance (FY 2024): EBITDA up 95%; book networth up 63% YoY.
Saudi Methacrylates Company (SAMAC)
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Headquarters: Jubail, Saudi Arabia (JV of Mitsubishi Chemical and SABIC)
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Product Offerings (MMA): 250,000t/year MMA, 40,000t/year PMMA capacity.
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Market Share/Revenue: Major producer in Middle East; part of Mitsubishi’s global network.
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Recent Developments: Facility ramped up in late 2010s; supports global demand and export in ME/EU.
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Competitive Positioning/Strategy: Vertical integration with SABIC (petrochemicals). Exports to Europe/Asia to balance regional supply-demand.
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Key Customers/Industries: Exporters, construction, automotive, electronics.
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Financial Performance: Not reported separately; included in SABIC/Mitsubishi results.
Asahi Kasei Corporation
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Headquarters: Tokyo, Japan
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Product Offerings (MMA): Traditionally supplied MMA monomer and PMMA resins; discontinued MMA business in 2025.
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Market Share/Revenue: Previously held a notable MMA market position in Asia; now exited the segment.
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Recent Developments: In 2025, Board resolved to discontinue all MMA-related business by end of fiscal 2025.
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Competitive Positioning/Strategy: Shifting focus to different chemical/materials solutions.
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Key Customers/Industries: Previously served electronics, automotive, construction.
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Financial Performance (2025): Company-wide sales rose to ¥3.05t; net MMA losses contributed to net income decline, as noted in Q1 2025 results.
Huntsman Corporation
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Headquarters: The Woodlands, Texas, USA
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Product Offerings (MMA): Supplies MMA for polymers and coatings; not among the global “top-4” MMA producers but has relevant specialty chemicals footprint.
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Market Share/Revenue: Part of group of major producers in the US; shares market with Dow and Mitsubishi.
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Recent Developments: Q2 2025 saw lower revenues ($1.46b) and a net loss of $158m, with lower segmental performance.
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Competitive Positioning/Strategy: Competes with diversified specialty and performance chemical offering, aiming for innovation and operational optimization.
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Key Customers/Industries: Construction, electronics, coatings, automotive.
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Financial Performance (Q2 2025): Revenue $1.46b; adjusted EBITDA $74m.
The Dow Chemical Company
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Headquarters: Midland, Michigan, USA
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Product Offerings (MMA): Manufactures MMA for coatings, automotive, electronics, adhesives; emphasizes sustainable and bio-based MMA research.
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Market Share/Revenue: One of the top four global MMA producers. North American market highly concentrated, with Dow among leaders.
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Recent Developments: Strategic focus on sustainable MMA, digitalization, and engagement with emerging markets.
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Competitive Positioning/Strategy: Large R&D spend, global scale, and strong logistics network underpin Dow’s position.
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Key Customers/Industries: Automotive, construction, adhesives, electronics.
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Financial Performance (2025): Not specified by segment; overall Dow sales exceed $50b globally.
Lucite International
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Headquarters: Southampton, UK (Mitsubishi Chemical subsidiary)
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Product Offerings (MMA): World’s largest fully-integrated MMA supplier; produces both monomer and PMMA.
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Market Share/Revenue: Lucite (via Mitsubishi) is the global market leader in MMA; together with other Mitsubishi companies exceeds 5m t/y global capacity.
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Recent Developments: Expanding MMA capacity in the US (Beaumont, Texas) and piloting circular MMA via advanced recycling (Agilyx partnership). Focus on sustainable/circular PMMA by 2023–2025.
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Competitive Positioning/Strategy: Technological leadership with proprietary ALPHA processes, focus on cost and sustainable innovation.
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Key Customers/Industries: Global acrylics, automotive, electronics, construction.
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Financial Performance: As Mitsubishi’s main MMA arm—MCC chemicals segment posted Q1 2025 core operating income ¥11.6b (47% of H1 forecast). MMA-specific figures not isolated.
Mitsubishi Chemical Corporation
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Headquarters: Tokyo, Japan
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Product Offerings (MMA): Largest global MMA producer (via Lucite/SAMAC/Japan/US). Offers MMA monomer, PMMA, and downstream derivatives.
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Market Share/Revenue: Holds top global market share; global MMA/derivatives sales revenue (FY2024): approx. ¥417b ($2.7b), targeting stable double-digit margins through 2029.
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Recent Developments: Investing in capacity expansions (e.g., ALPHA plant in US, postponed 2025), developing cost-stable models, optimizing global production.
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Competitive Positioning/Strategy: Cost leadership (proprietary ALPHA tech), strong footprint in Asia/NA/EU, focus on emerging markets and high-value segments.
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Key Customers/Industries: Construction, automotive, electronics, paints, and adhesives—serves strategic customers for value-added growth.
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Financial Performance (Q1 2025): Chem segment sales revenue ¥689.5b; MMA market price softness impacted profits but stable core operations.