Methacrylate Monomers Market Size

Global Methacrylate Monomers Market size was valued at USD 19.2 billion in 2023 and is poised to grow from USD 20.22 billion in 2024 to USD 30.56 billion by 2032, growing at a CAGR of 5.3% during the forecast period (2025-2032).

Methacrylate monomers are simply highly reactive industrial monomers used to produce polymers. Rapid industrialization and urbanization are projected to primarily augment the demand for methacrylate monomers over the coming years. Advancements in polymer technology are also slated to augment the sales of methacrylate monomers in the future. Growing focus on sustainability around the world is also slated to play in the hands of methacrylate monomer companies as methacrylate monomers are a more sustainable alternative as compared to VOCs (volatile organic compounds) that are harmful and toxic to the environment. However, volatile raw material prices are estimated to stand in the way of the methacrylate monomers market reaching its full growth potential. Rapid expansion of the automotive sector and growing demand for lightweight components is also a major trend that will create new opportunities for methacrylate monomer companies in the long run.