The Global Cyclohexyl Methacrylate (CHMA) Market was valued at USD 285.7 Million in 2024 and is projected to reach USD 412.5 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2024-2029). This growth is driven by increasing adoption in coatings, adhesives, and optical polymer applications, along with expanding industrial production in Asia-Pacific markets.
As specialty polymers become more advanced across industries, CHMA’s importance as a high-performance monomer continues to grow. This analysis profiles the Top 10 Companies in the CHMA Industry—global chemical leaders and specialized producers shaping this evolving market segment.
🔟 1. BASF SE
Headquarters: Ludwigshafen, Germany
Key Offering: High-purity CHMA for industrial applications
BASF leads the methacrylate chemistry sector, manufacturing performance-grade CHMA for coatings, adhesives, and optical uses. Their integrated production network and technical expertise enable customized monomer solutions.
Innovation Focus:
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Patented stabilization technologies
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Specialty formulations for optical applications
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Sustainable production initiatives
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9️⃣ 2. Evonik Industries
Headquarters: Essen, Germany
Key Offering: Electronics-grade CHMA
Evonik produces ultra-pure CHMA meeting strict quality standards for photoresists and display applications. Their products enable high-performance coatings and optical materials.
Innovation Focus:
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Low-metal content formulations
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High-transparency solutions
8️⃣ 3. Mitsubishi Gas Chemical Company
Headquarters: Tokyo, Japan
Key Offering: Industrial CHMA for Asian markets
MGC is Asia’s leading methacrylate producer, supplying reliable CHMA to regional coating and adhesive manufacturers through optimized production networks.
Innovation Focus:
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Custom polymer solutions
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Capacity expansions for growing demand
7️⃣ 4. Asahi Kasei Corporation
Headquarters: Tokyo, Japan
Key Offering: Specialty methacrylate monomers
Asahi Kasei utilizes advanced polymerization technology to produce CHMA with controlled molecular characteristics for performance-driven applications.
Innovation Focus:
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Next-generation polymer development
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Customer-specific formulations
Download FREE Sample Report: Cyclohexyl Methacrylate (CHMA) Market – View in Detailed Research Report
6️⃣ 5. Fushun Donglian Anxin Chemical
Headquarters: Fushun, China
Key Offering: Cost-effective CHMA solutions
This Chinese producer specializes in methacrylate monomers, serving the country’s expanding coatings and adhesives industries with localized supply chain advantages.
Innovation Focus:
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Production capacity growth
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Manufacturing efficiency improvements
5️⃣ 6. Nippon Shokubai
Headquarters: Osaka, Japan
Key Offering: High-performance CHMA
With extensive acrylic chemistry expertise, Nippon Shokubai manufactures premium-grade CHMA for applications requiring exceptional purity and consistency.
Innovation Focus:
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Advanced polymerization techniques
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Molecular weight customization
4️⃣ 7. Dow Chemical Company
Headquarters: Midland, Michigan, USA
Key Offering: CHMA for protective coatings
Dow supplies CHMA within its comprehensive performance monomers portfolio, primarily serving North American and European coating manufacturers.
Innovation Focus:
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Enhanced durability formulations
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Eco-friendly production methods
3️⃣ 8. Arkema Group
Headquarters: Colombes, France
Key Offering: Technical-grade CHMA
Arkema focuses on high-performance CHMA for optical and electronic applications where material specifications are critical.
Innovation Focus:
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Ultra-pure monomer production
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Reduced VOC solutions
2️⃣ 9. Shanghai Hechuang Chemical
Headquarters: Shanghai, China
Key Offering: Domestic CHMA supply
This emerging producer is increasing China’s local CHMA manufacturing capacity to serve growing industrial demand with cost-competitive solutions.
Innovation Focus:
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Supply chain optimization
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Production process enhancements
1️⃣ 10. LG Chem
Headquarters: Seoul, South Korea
Key Offering: CHMA for advanced materials
LG Chem leverages its petrochemical capabilities to produce CHMA for South Korea’s electronics and display manufacturing sectors.
Innovation Focus:
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Technical collaborations
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Customized specifications
Get Full Report Here: Cyclohexyl Methacrylate (CHMA) Market – View in Detailed Research Report
🌍 Outlook: Expanding Applications Fuel CHMA Market Growth
The CHMA market is expanding rapidly as its unique properties—including excellent weather resistance and optical clarity—create new opportunities across multiple industries.
📈 Key Market Trends:
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Growing adoption in UV-curable coatings and adhesives
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Increasing optical polymer applications
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Technical advancements enabling new material combinations
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Production capacity expansions in Asia
Get Full Report Here: Cyclohexyl Methacrylate (CHMA) Market – View in Detailed Research Report
These industry leaders are driving the development and supply of this versatile specialty chemical, enabling innovation across high-tech and industrial applications worldwide.
