Top 10 Companies in the Cyclohexyl Methacrylate (CHMA) Market (2025): Industry Leaders Driving Polymer Innovation

In Business Insights
June 03, 2025

The Global Cyclohexyl Methacrylate (CHMA) Market was valued at USD 185.2 Million in 2024 and is projected to reach USD 256.8 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.6% during the forecast period (2024–2030). This growth is being driven by increasing demand from adhesives, coatings, and optical polymer applications, along with expanding manufacturing capabilities across Asia-Pacific and North America.

As specialty chemicals gain importance in advanced materials development, CHMA’s role as a key monomer continues to expand. In this analysis, we profile the Top 10 Companies in the CHMA Industry—established chemical giants and specialized producers shaping this high-purity chemical landscape.


🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Cyclohexyl Methacrylate monomer, specialty acrylic resins

BASF dominates the CHMA market through its integrated chemical production network. The company supplies high-purity CHMA for optical applications, pressure-sensitive adhesives, and advanced coatings formulations worldwide.

Production Capabilities:

  • Global production capacity exceeding 25,000 tons/year

  • ISO-certified manufacturing facilities in Europe, Asia and North America

  • Patented purification technologies ensuring >99.5% purity

Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/288008/global-cyclohexyl-methacrylate-forecast-by-manufacturers-technology-application-market-2025-2032-148


9️⃣ 2. Evonik Industries

Headquarters: Essen, Germany
Key Offering: CHMA monomer, specialty acrylate portfolios

Evonik is a leading innovator in methacrylate chemistry, offering CHMA through its Performance Materials segment. The company provides tailored solutions for optical, adhesive and composite applications.

Technical Advantages:

  • Patent-protected production processes

  • Customized CHMA formulations for niche applications

  • Global technical support network


8️⃣ 3. Mitsubishi Gas Chemical Company

Headquarters: Tokyo, Japan
Key Offering: High-purity CHMA, specialty methacrylates

MGC stands as Asia’s premier CHMA producer, supplying the region’s growing electronics and automotive sectors. The company’s focus on ultra-high purity grades makes it essential for optical applications.

Market Position:

  • Dominant 35% share in Asian CHMA market

  • Strategic partnerships with Japanese electronics manufacturers


7️⃣ 4. Asahi Kasei Corporation

Headquarters: Tokyo, Japan
Key Offering: Specialty methacrylates, optical-grade CHMA

Asahi Kasei’s advanced CHMA production caters primarily to high-tech applications. The company has particular strength in supplying materials for LCD screens and optical fibers.

Quality Standards:

  • Manufacturing facilities meeting pharmaceutical-grade standards

  • Rigorous quality control protocols

Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/288008/global-cyclohexyl-methacrylate-forecast-by-manufacturers-technology-application-market-2025-2032-148


6️⃣ 5. Fushun Donglian Anxin Chemical

Headquarters: Fushun, China
Key Offering: Industrial-grade CHMA, methacrylate derivatives

This Chinese producer has emerged as a cost-competitive CHMA supplier, particularly for adhesive and coating applications in domestic markets.

Growth Strategy:

  • Expanding production capacity by 40% by 2026

  • Focus on price-sensitive market segments


5️⃣ 6. Lucite International

Headquarters: Southampton, UK
Key Offering: CHMA under the “Diakon” brand

As a subsidiary of Mitsubishi Chemical, Lucite International brings decades of methacrylate expertise to CHMA production. The company specializes in high-performance polymer applications.

Specialized Solutions:

  • Custom molecular weight distributions

  • Co-development partnerships with major polymer producers


4️⃣ 7. Nippon Shokubai

Headquarters: Osaka, Japan
Key Offering: High-functionality CHMA grades

This Japanese chemical leader produces CHMA primarily for domestic electronics and automotive applications, with growing exports to Southeast Asia.

Technical Expertise:

  • Patented stabilization technologies

  • Specialty grades for extreme environment applications


3️⃣ 8. Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: CHMA for coating formulations

Dow incorporates CHMA into its comprehensive portfolio of coating raw materials, particularly for automotive and industrial applications in North America.

Application Development:

  • Formulation expertise for customized solutions

  • Strong position in North American market


2️⃣ 9. Arkema S.A.

Headquarters: Colombes, France
Key Offering: Specialty CHMA grades

Arkema produces CHMA as part of its advanced materials portfolio, with particular focus on European adhesive and coating markets.

Sustainability Initiatives:

  • Bio-based raw material research

  • Carbon footprint reduction programs


1️⃣ 10. Shanghai Hechuang Chemical

Headquarters: Shanghai, China
Key Offering: Competitive CHMA supply

As a growing Chinese producer, Hechuang Chemical is expanding its CHMA production to serve domestic and emerging market demand.

Market Position:

  • Rapid capacity expansion in progress

  • Focus on cost-competitive market segments

Read Full Report: https://www.24chemicalresearch.com/reports/288008/global-cyclohexyl-methacrylate-foreast-by-manufacturers-technology-application-market-2025-2032-148


🌍 Outlook: Specialty Methacrylates Driving Next-Gen Materials

The CHMA market continues to evolve with advances in polymer science and growing demand from high-tech applications. While traditional uses in coatings remain stable, emerging applications are reshaping demand patterns.

📈 Market Growth Drivers:

  • Increasing adoption in optical polymers for displays and lenses

  • Growing demand from electronics adhesives sector

  • Expansion of Asian production capacities

  • Development of bio-based production methods

Read Full Report: https://www.24chemicalresearch.com/reports/288008/global-cyclohexyl-methacrylate-foreast-by-manufacturers-technology-application-market-2025-2032-148

The companies profiled above represent the global leaders in CHMA technology and production—positioned to meet both current demand and future innovations in advanced materials.