Lauryl Methacrylate (LMA) Market Revenue was valued at USD 150 Million in 2024 and is estimated to reach USD 250 Million by 2033, growing at a CAGR of 6.5% from 2026 to 2033.
The global Lauryl Methacrylate (LMA) market was valued at USD 98.2 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.3% from 2022 to 2030. The markets growth is driven by increasing demand for LMA in various applications such as coatings, adhesives, and personal care products. North America holds a significant share of the market, with a valuation of USD 36.5 million in 2022. This region benefits from robust demand from the automotive and industrial coatings sectors. Europe follows with a market size of USD 30.8 million, supported by strong industrial growth and the growing use of LMA in UV cured coatings and adhesives. The Asia Pacific region, especially countries like China and India, is expected to register the highest growth rate during the forecast period, driven by expanding manufacturing sectors and increasing adoption of LMA in coatings and polymers.
The demand for Lauryl Methacrylate (LMA) is also increasing in emerging markets, with the Middle East and Africa showing strong growth potential due to rising industrialization. Latin America’s market size was valued at USD 15.7 million in 2022, driven by demand for LMA in construction and automotive sectors. The shift towards environmentally friendly materials in coatings and adhesives is also expected to further boost the growth of the LMA market across regions. The increasing adoption of LMA based UV curable coatings in various applications like electronics, automotive, and construction is contributing to the region wise market expansion. The global market size is expected to reach USD 161.9 million by 2030, growing steadily with a positive market outlook.
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Dow
BASF
Mitsubishi Gas Chemical
Tianjin Jiuri New Materials
Zhejiang Kangde New Materials
GEO Specialty Chemicals
Liyang Ruipu New Materials
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Lauryl Methacrylate (LMA) Market
Adhesives
Coatings
Inks
Textile Finishing
Personal Care Products
Automotive
Construction
Consumer Electronics
Medical Devices
Cosmetics and Personal Care
Water-Soluble
Solvent-Based
High-Performance Formulations
Bio-Based Formulations
Polyacrylates
Polyesters
Polyurethanes
Others
FDA Regulations
REACH Compliance
ISO Standards
Environmental Regulations
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Lauryl Methacrylate (LMA) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Lauryl Methacrylate (LMA) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Lauryl Methacrylate (LMA) Market, By Type
6. Global Lauryl Methacrylate (LMA) Market, By Application
7. Global Lauryl Methacrylate (LMA) Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Lauryl Methacrylate (LMA) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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