- In 2024, LG Chem announced the adoption of an advanced polymerization technique that increased methyl acrylate yield by 15%. This innovation is intended to enhance production efficiency and reduce operational costs, serving high-demand sectors such as automotive and packaging that rely on high-quality, large-volume methyl acrylate.
- In 2023, Mitsubishi Chemical Group launched a new line of methyl acrylate-based adhesives and coatings specifically engineered for electric vehicles. These products led to a 25% rise in adoption across the automotive sector due to their superior heat resistance, flexibility, and durability—qualities essential for lightweight and energy-efficient EVs.
- In 2024, Dow Inc. introduced a new range of high-barrier packaging solutions utilizing methyl acrylate under its “SustainBarrier” product line. These packaging materials are expected to fulfill approximately 15% of global demand for high-performance packaging by offering enhanced protection and environmental sustainability.
- In June 2020, Merck KGaA achieved a significant milestone with the approval of BAVENCIO, a PD-L1 targeted NK-cell therapy specifically designed for patients with locally advanced or metastatic urothelial carcinoma. This innovative treatment option strengthens Merck KGaA’s commitment to advancing cancer care and also expands its product portfolio, providing clinicians with more effective tools to combat this challenging form of cancer and improve patient outcomes
