Recent escalations in the U.S.-China trade war, including the U.S. imposition of additional tariffs, may reshape the global MMA (methyl methacrylate) market landscape. It is anticipated that China’s domestic MMA exports will continue to focus on emerging markets such as Southeast Asia and the Middle East.
With the successive commissioning of domestic MMA production facilities in recent years, China’s import dependency on methyl methacrylate has shown a year-on-year decline. However, as illustrated by monitoring data from the past six years, China’s MMA export volume has exhibited a steady upward trend, particularly surging significantly starting in 2024. If U.S. tariff hikes increase export costs for Chinese products, the competitiveness of MMA and its downstream products (e.g., PMMA) in the U.S. market could decline. This may lead to reduced exports to the U.S., thereby affecting domestic MMA manufacturers’ order volumes and capacity utilization rates.
According to export statistics from China’s General Administration of Customs for January to December 2024, MMA exports to the U.S. totaled approximately 7,733.30 metric tons, accounting for just 3.24% of China’s total annual exports and ranking second-to-last among export trade partners. This suggests that U.S. tariff policies may trigger shifts in the global MMA competitive landscape, with international giants such as Mitsubishi Chemical and Dow Inc. further consolidating their dominance in high-end markets. Moving forward, China’s MMA exports are expected to prioritize emerging markets like Southeast Asia and the Middle East.
Post time: Apr-17-2025