The Global Cyclohexyl Methacrylate (CHMA) Market was valued at USD 128.7 Million in 2024 and is projected to reach USD 185.3 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2024–2030). This growth is fueled by expanding applications in advanced coatings, high-performance adhesives, and optical polymers across automotive, electronics, and industrial sectors.

As material science evolves toward specialty chemical solutions, CHMA stands as a critical monomer enabling enhanced polymer properties. This analysis profiles the Top 10 Companies in the Cyclohexyl Methacrylate Industry—combining chemical multinationals with specialized producers driving material innovation worldwide.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: CHMA Monomer, Performance Methacrylates

BASF leads the CHMA market with vertically integrated production and global distribution capabilities. The company delivers high-purity CHMA for demanding UV-cure applications and optical-grade polymers.

Innovation Highlights:

• Patented purification technologies ensuring 99.9% monomer purity
• Custom formulations for photopolymer applications
• Closed-loop production minimizing environmental impact

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9️⃣ 2. Evonik Industries

Headquarters: Essen, Germany
Key Offering: DEGALAN® CHMA Polymer Solutions

Evonik specializes in formulated CHMA polymers for automotive coatings and industrial adhesives, leveraging decades of methacrylate chemistry expertise.

Innovation Highlights:

• High-refractive-index polymers for optical applications
• Bio-based raw material integration programs
• Global technical service network

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8️⃣ 3. Mitsubishi Gas Chemical

Headquarters: Tokyo, Japan
Key Offering: Ultra-pure CHMA Monomer

This Japanese leader produces semiconductor-grade CHMA with stringent quality control for sensitive electronics applications across Asia-Pacific markets.

Innovation Highlights:

• Purification technologies reducing ionic contaminants
• Energy-efficient continuous production
• Strategic partnerships with optical material manufacturers

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7️⃣ 4. Asahi Kasei Corporation

Headquarters: Tokyo, Japan
Key Offering: DELPET® CHMA Copolymers

Asahi Kasei develops engineered CHMA polymers for automotive coatings and engineering plastics, emphasizing durability and processing advantages.

Innovation Highlights:

• Impact-modified formulations for harsh environments
• High-temperature resistant polymer grades
• Sustainable production initiatives

Download FREE Sample Report: Cyclohexyl Methacrylate (CHMA) Market – View in Detailed Research Report

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6️⃣ 5. Fushun Donglian Anxin Chemical

Headquarters: Fushun, China
Key Offering: Industrial-Grade CHMA

This rapidly expanding Chinese producer delivers cost-competitive CHMA primarily for domestic construction and adhesive applications.

Innovation Highlights:

• Annual capacity expansion to 15,000 tons
• Process optimizations improving purity levels
• Growing technical support capabilities

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5️⃣ 6. Nippon Shokubai

Headquarters: Osaka, Japan
Key Offering: Specialty Acrylates Portfolio

A global acrylics leader, Nippon Shokubai produces CHMA for high-performance coating applications with stringent quality standards.

Innovation Highlights:

• Patented production technologies
• Custom formulation development
• Global distribution network

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4️⃣ 7. Arkema SA

Headquarters: Colombes, France
Key Offering: ALTUGLAS® CHMA Products

Arkema supplies CHMA-based solutions to European industrial markets, emphasizing sustainability through its bio-attributed production.

Innovation Highlights:

• 30% bio-attributed production capacity
• Waterborne polymer technology
• Recycling initiatives for production waste

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3️⃣ 8. Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: Industrial CHMA Solutions

Dow integrates CHMA within its diversified chemical portfolio, supplying North American markets with consistent quality monomer.

Innovation Highlights:

• Precision polymerization technologies
• Application-focused R&D
• Supply chain optimization

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2️⃣ 9. LG Chem

Headquarters: Seoul, South Korea
Key Offering: Advanced Material Solutions

LG Chem incorporates CHMA in its growing advanced materials business, particularly for electronics applications across Asian markets.

Innovation Highlights:

• Semiconductor-grade purity standards
• Integrated production from monomer to polymer
• Custom formulation services

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1️⃣ 10. Shanghai HeChuang Chemical

Headquarters: Shanghai, China
Key Offering: Cost-Optimized CHMA

This emerging Chinese manufacturer focuses on domestic industrial applications, rapidly expanding production while improving quality standards.

Innovation Highlights:

• Continuous capacity additions
• Quality control enhancements
• Technical service expansion

Get Full Report Here: Cyclohexyl Methacrylate (CHMA) Market – View in Detailed Research Report

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🌍 Outlook: Specialty Polymers Drive Future CHMA Growth

The CHMA market is transitioning toward value-added formulations as industries demand enhanced material performance. While monomer sales remain important, specialty applications demonstrate higher growth potential.

📈 Key Market Developments:

• Expanding demand for optical polymers in display technologies
• Growing adoption in automotive refinish coatings
• Development of bio-based production pathways
• Increasing Asian market dominance in production and consumption
• Specialty adhesives for consumer electronics assembly

Get Full Report Here: Cyclohexyl Methacrylate (CHMA) Market – View in Detailed Research Report

The profiled companies represent the technology leaders advancing methacrylate chemistry, enabling next-generation material solutions across industries.