Methyl methacrylate Prices, markets & analysis
For those looking to keep abreast of the global Methyl methacrylate market, our independent, unbiased pricing information, news and market analysis is an invaluable resource.
Whether you buy or sell Methyl methacrylate or related products, you need to know about the prices and the factors driving the prices in the global Methyl methacrylate market as they happen. Our network of price reporters throughout Asia, Europe and the US provide key local insights. We collate this intelligence into daily and weekly price reports, ensuring you have the up-to-date information you need at all times.
Methyl methacrylate overview Transcript
Methyl methacrylate also known as MMA is a versatile chemical with applications in many industries from autoelectronics to the automotive sector. MMA can be used to produce polymethyl methacrylate or PMMA, and acrylate resins for coatings and emulsions. Asia currently dominates the world’s MMA production, this region also represents the fastest growing market for MMA.
Use in new electronic applications such as liquid crystal display televisions backlit by light emitting diodes (LED) has significantly expanded and is expected to be a major growth driver for the MMA market in the next couple of years.
Since global supplies are short several producers are expanding capacities and adding new plants. The Asian market largely trades on a spot basis but some bulk cargoes are sold on a spot-related contract formula. MMA prices are driven by supply and demand and feedstock prices like butane, methanol, acrylonitrile and acetone.
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Methyl methacrylate news and market information products from ICIS
We offer the following regional Methyl methacrylate analysis and news coverage to keep you informed of factors and developments affecting prices in the Methyl methacrylate marketplace.
Price Reporting – More information about the price reports we publish on Methyl methacrylate
Independent price assessments and market coverage by region
Price History – More information about the historical price data we publish on Methyl methacrylate
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News & analysis
News & Analysis - News & market analysis specifically relating to Methyl methacrylate
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Insight and analysis of factors driving prices.
Methyl methacrylate: Market overview
Updated to Q1 2015
First-quarter (Q1) European methyl methacrylate (MMA) demand is likely to start slow following the gradual return to business after the holiday period. Downward price pressure is expected to come from lower feedstock costs, and improved supply. However, stock levels are not as ample as they typically are in Q1.
US truck and rail prices are expected to face downward price pressure as weaker upstream values persist. Domestic prices are directly influenced by barge acetone values, which were facing severe downward pressure late in 2014 and were headed sharply lower for January. There are, however, upbeat economic indicators, with coatings demand expected to lead the market.
In Asia, prices are expected to soften amid weakened raw material values and prevailing bearish market sentiment. Most players expect demand to slow as most buyers are only willing to purchase on an immediate basis. January demand is generally expected to be propped up by restocking activities ahead of the Lunar New Year holiday period, followed by declines in February and March. Supply, meanwhile, is expected to be adjusted downwards in response to the drop in demand.
News & analysis
Methyl methacrylate news & analysis
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Methyl Methacrylate Methodology
About Methyl methacrylate
Methyl methacrylate (MMA) is a colourless, volatile, flammable liquid with an ester-like odour. It is slightly soluble in water but soluble in most organic solvents. It is readily polymerised by light, heat, ionising radiation and catalysts. Commercial products may contain hydroquinone methyl ether or similar polymerisation inhibitors.
Nearly all MMA is polymerised to make homopolymers and copolymers, the largest application being the casting, moulding or extrusion of polymethyl methacrylate (PMMA) or modified polymers.
A major application of MMA polymers and copolymers is in surface coatings and impregnation resins to give colour fastness and weather-resistance properties to latex paints, lacquer resins and stoving enamels. For example, exterior latex paint is based on emulsions containing MMA while other uses include industrial finishes, and metal and foil coatings.