The Global 2-Methylacrylic Acid Market was valued at USD 1.2 Billion in 2023 and is projected to reach USD 1.8 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.6% during the forecast period (2024–2030). This growth is driven by increasing demand from ester synthesis, coatings, adhesives, and textile applications, combined with advancements in production technologies across key regions.

As industries transition toward high-performance materials and sustainable chemical solutions, manufacturers are innovating to meet evolving market requirements. In this analysis, we examine the Top 10 Companies in the 2-Methylacrylic Acid Industry—a combination of multinational chemical corporations and specialized producers shaping the future of this essential industrial chemical.

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🔟 1. Mitsubishi Chemical Corporation

Headquarters: Tokyo, Japan
Key Offering: Ultra-pure grades for electronic applications

Mitsubishi Chemical maintains market leadership with vertically integrated production across Asia. The company specializes in semiconductor-grade material, with substantial R&D investments driving purity breakthroughs above 99.9%.

Key Advantages:

• New Singapore production facility (2024 expansion)

• Proprietary distillation technologies

• Circular production initiatives

Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/226144/global-methylacrylic-acid-forecast-market-2023-2029-19

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9️⃣ 2. Mitsubishi Gas Chemical (MGC)

Headquarters: Tokyo, Japan
Key Offering: Industrial-scale production

MGC operates among Asia’s largest production facilities, supplying bulk quantities to downstream manufacturers. The company has enhanced its isobutylene oxidation process to achieve 94% yield efficiency.

Key Advantages:

• Malaysian capacity expansion (15% increase)

• Waste minimization programs

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8️⃣ 3. Kuraray Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Specialty adhesive grades

Kuraray focuses on high-value formulation chemistry for pressure-sensitive adhesives. The company maintains technical service teams that help customers optimize product performance.

Key Advantages:

• Application development laboratories

• Bio-based raw material trials

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7️⃣ 4. LG Chem

Headquarters: Seoul, South Korea
Key Offering: Cost-effective bulk supply

LG Chem leverages integrated petrochemical operations to ensure stable raw material supply. The company dominates the Asian market with efficient logistics networks serving derivative producers.

Key Advantages:

• Automated quality control systems

• Strategic coatings industry partnerships

Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/226144/global-methylacrylic-acid-forecast-market-2023-2029-19

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6️⃣ 5. Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: Global technical grades

Dow provides consistent quality material through its worldwide distribution network. The company is implementing advanced process controls to reduce production energy intensity by 12%.

Key Advantages:

• Automated inventory management

• Enhanced safety protocols

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5️⃣ 6. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: European-produced material

BASF operates one of Europe’s most advanced production complexes, supplying regional markets with minimal logistics footprint. The company’s integrated Verbund site optimizes resource efficiency.

Key Advantages:

• Carbon reduction initiatives

• Renewable energy utilization

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4️⃣ 7. Evonik Industries

Headquarters: Essen, Germany
Key Offering: High-performance specialty grades

Evonik focuses on electronics and advanced coating applications that command premium pricing. The company’s technical teams assist with complex formulation challenges.

Key Advantages:

• Customized solutions development

• Advanced polymerization expertise

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3️⃣ 8. Formosa Plastics Corporation

Headquarters: Taipei, Taiwan
Key Offering: Large-volume Asian supply

Formosa provides competitive pricing through scale efficiencies and feedstock integration. The company has upgraded automation systems to ensure quality consistency across batches.

Key Advantages:

• Capacity optimization programs

• Advanced process controls

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2️⃣ 9. Hefa Chem Co., Ltd.

Headquarters: Zhejiang, China
Key Offering: Cost-competitive solutions

Hefa Chem has doubled production capacity since 2020 to meet domestic demand growth. The company implements rigorous quality management systems for industrial applications.

Key Advantages:

• New plant construction

• Quality certification programs

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1️⃣ 10. Jiangsu Sanyi Chemical Co., Ltd.

Headquarters: Jiangsu, China
Key Offering: Localized supply chain solutions

Jiangsu Sanyi specializes in serving regional manufacturers with flexible order quantities and rapid turnaround. The company is investing in analytical capabilities to expand into technical grades.

Key Advantages:

• Production capacity growth

• Downstream integration projects

Get Full Report Here: https://www.24chemicalresearch.com/reports/226144/global-methylacrylic-acid-forecast-market-2023-2029-19

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🌍 Market Outlook: Innovation and Regional Growth Reshape Industry

The 2-methylacrylic acid sector is transforming through process innovations and shifting production geography. While conventional manufacturing methods prevail, sustainability pressures and performance requirements are driving change.

📈 Key Market Dynamics:

• Process optimization initiatives reducing energy consumption

• Increasing purity requirements for electronics applications

• Environmental compliance driving closed-loop systems

• Asia’s production share expanding to 68% by 2025

Get Full Report Here: https://www.24chemicalresearch.com/reports/226144/global-methylacrylic-acid-forecast-market-2023-2029-19

The companies profiled represent the vanguard of 2-methylacrylic acid production, delivering essential chemical solutions while addressing evolving technical and environmental requirements.