Methyl methacrylate, a methyl ester of methacrylic acid, is a spontaneous resin, and its polymerised form is utilised as cement in dentistry, orthopaedic surgery, and ophthalmology. Additionally, the agent’s monomer form slackens the smooth muscle systemically, which may be a consequence of the nitric oxide – intervention reaction.
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Moreover, methyl methacrylate monomer occurs as a clear, colourless liquid. It is somewhat soluble in water, and most of it floats on water. Its vapour is heavier as compared to air and irritates the eyes and respiratory system. The containers holding methyl methacrylate must be greatly insulated or transported under refrigeration. Besides, methyl methacrylate is an enoate ester that has methacrylic acid as the carboxylic acid constituent and methanol as the alcohol component. Its task is of an allergen and a polymerisation monomer.
The United States, China, Japan, Germany, and Singapore are the world’s five leading methyl methacrylate-producing countries.
Key Details About the Methyl Methacrylate Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Methyl Methacrylate price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Methyl Methacrylate Price Trend, chart, including India Methyl Methacrylate price, USA Methyl Methacrylate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Methyl Methacrylate Price Trend:
The main utilisation of methyl methacrylate is in the manufacturing of acrylic plastics and resins such as Lucite, Plexiglas, and Perspex applied for sheeting and moulding compounds. These resins are utilised in construction, automotive, consumer products and in making signs. Methyl methacrylate-butadiene-styrene or MBS is employed as an effective enhancer in PVC for making bottles. In addition, it is also put to use in exterior latex housepaint and impregnating pulp paper and wood. Besides, methyl methacrylate or MMA, is used in safety glazing, exterior paints, vinyl impact modifiers, adhesives, and illuminated light displays, among others. Other than glazing and sheet applications, the biggest use of MMA is as a comonomer in paints, coating, and engineering adhesives.
Key Players:
- Arkema
- Sumitomo Chemical Company
- Dhalop Chemicals
- Kuraray Group
- Saudi Methacrylates Company (SAMAC)
News & Recent Development:
- April 04, 2023: There was an upward trend in the prices of methyl methacrylate in the United States and Asian markets during the final week of March 2023. Enhanced trading sentiments supported this. The prices of methyl methacrylate have been additionally impacted by the commercial revival in China, continual imports from the exporting nation, elevated inflationary pressure, and increasing interest rates by the US Federal Reserve.
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