The United States leads the global export market of methacrylic acid esters, followed by Thailand and Japan. The most significant year-on-year growth was seen in Mexico and Chile at 73.98% and 81.78% respectively, although they account for a small share of total exports. From a longer term perspective, countries like the United States and Germany have shown modest but consistent gains, whereas nations like Japan and Switzerland have faced declining shares, highlighting shifts in global production dynamics.
Future trends to watch include potential demand spikes driven by innovations in polymer applications, as well as geopolitical shifts impacting supply chains. Additionally, technological advancements in chemical processing may shift production economics, influencing the market landscape.
Top countries in Export of Methacrylic Acid Esters Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 15.64 | 2023 | +2.36% | +1.45% | View data |
| 2 | 2 Thailand | 13.97 | 2023 | +3.76% | +4.31% | View data |
| 3 | 3 Japan | 12.26 | 2023 | +0.5% | -2.14% | View data |
| 4 | 4 Singapore | 12.02 | 2023 | +1.88% | +1.48% | View data |
| 5 | 5 Germany | 11.73 | 2023 | +1.55% | +0.87% | View data |
| 6 | 6 Belgium | 9.28 | 2023 | +3.97% | +2.33% | View data |
| 7 | 7 China | 8.19 | 2023 | +3.96% | +3.54% | View data |
| 8 | 8 South Korea | 6.12 | 2023 | +4.09% | +4.44% | View data |
| 9 | 9 Netherlands | 5.85 | 2023 | +3.38% | +1.21% | View data |
| 10 | 10 Brazil | 3.79 | 2023 | +3.06% | +4.42% | View data |
