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:
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Global production capacity exceeding 25,000 tons/year
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ISO-certified manufacturing facilities in Europe, Asia and North America
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Patented purification technologies ensuring >99.5% purity
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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:
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Patent-protected production processes
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Customized CHMA formulations for niche applications
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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:
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Dominant 35% share in Asian CHMA market
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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:
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Manufacturing facilities meeting pharmaceutical-grade standards
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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:
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Expanding production capacity by 40% by 2026
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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:
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Custom molecular weight distributions
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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:
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Patented stabilization technologies
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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:
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Formulation expertise for customized solutions
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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:
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Bio-based raw material research
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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:
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Rapid capacity expansion in progress
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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:
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Increasing adoption in optical polymers for displays and lenses
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Growing demand from electronics adhesives sector
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Expansion of Asian production capacities
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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.
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