Download Free Sample
Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Glycidyl Methacrylate Market: By Application and By End-Users and Geography
Glycidyl Methacrylate Market: By Application and By End-Users and Geography
Glycidyl Methacrylate Market size was valued at US$ 9,635.6 million in 2022 and is poised to grow at a CAGR of 4.5% from 2023 - 2029. Glycidyl Methacrylate (GMA) has two reactive functions (epoxy and methacrylate), allowing it to produce a wide range of polymer structures via ionic or free radical polymerization. Both acrylic and epoxy chemistries have features that can increase synergistic physical functions and properties. Glycidyl Methacrylate is available in two grades from Estron: ordinary and high purity. It is noticed that the global glycidyl methacrylate market has a significant market growth rate on perspective of the markets. Market has been expanding substantially due to the extensive usage of GMA in adhesives, industrial coatings, and latex with additional rise in investments in R& D activities is driving the global glycidyl methacrylate market to flourish intensely. GMA allows copolymerization functionality with other vinyl monomers in non-aqueous and aqueous solutions, thus making these useful solutions in the packaging sector. Expansion in the polymer industry and rise in usage of plastics in the packaging industry are estimated to propel the Glycidyl Methacrylate market during the forecast period. The market report includes a part dedicated specifically to significant players in the Global Glycidyl Methacrylate (GMA) Market, in which our experts provide an overview of all major manufacturers' financial statements, as well as key advancements, product benchmarking, and SWOT analysis. A business description and financial facts are also included in the company profile section. The firms in this section can be adjusted to meet the needs of the client. Market players have witnessed the strategic collaboration and acquisition to expand product portfolio and strengthen their position in the market to enhance the revenue of the company. Lianyungang Ningkang Chemical Co., Ltd invested RMB 75,000,000 to build the largest production facility of p-toluene sulfonic acid.
Study Period
2024-2030Base Year
2023CAGR
4.5%Largest Market
North AmericaFastest Growing Market
North America
There are external and internal factors which help in the significant growth which include growing of market are plastic and adhesives application, various innovation for safety boosting the global glycidyl methacrylate market. The global glycidyl methacrylate market provides wide opportunities on perspective of significant demand for sealants to fulfil the growing packaging requirements of food & beverage and e-commerce industries which help to conquer the market.
Global glycidyl methacrylate market report gives comprehensive outlook on glycidyl methacrylate market across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America contributed major revenue followed by Europe and Asia Pacific. In 2019, North America region accounted huge growth rate and is anticipated to grow with a forecast year owing to rising need for patient monitoring mostly in developed nations such as USA and Canada. However, it was an evident that the North America leads the market by growing electrical & electronics and construction industries hence contributing around 50 % as a revenue towards global glycidyl methacrylate market with key market players. Europe contribute with the help of booming automotive industry and by emerging players. Asia Pacific leads with increasing demand from packaging and paints & coatings industries hence help contribute a successive growth of the global glycidyl methacrylate market.
Latin America
Europe
Asia Pacific
Middle East
North America
|
Report Benchmarks |
Details |
|
Report Study Period |
2024-2030 |
|
Market Size in 2022 |
US$ 9,635.6 million |
|
Market CAGR |
4.5% |
|
By Application |
|
|
By End User |
|
|
By Region |
|
Download Free Sample Report
The glycidyl methacrylate market size was valued at US$ 9,635.6 million in 2022
The glycidyl methacrylate market key players are: Dow Chemicals Mitsubishi Gas Chemical Company Estron Chemicals Sumitomo Chemicals Lianyungang Ningkang Chemical Co., Ltd Wuhan Sincere-star Chemical Co.Ltd, Evonik Industries Kowa American Corporation Zhonglan Industry Jindun Chemical Hubei Xiansheng Biotechnology Oswal Udhyog Merck KGaA Haihang Industry Co. Ltd.
The glycidyl methacrylate market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
Key Market Players
Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthcare domain, encompassing pharmaceuticals, medical devices, and diagnostics. A graduate in Pharmacy, he possesses a strong foundation in the intricacies of the healthcare sector. He further enhanced his expertise by pursuing an MBA in Pharmaceuticals, equipping him with valuable business acumen. His analytical skills and market insights have contributed to strategic decision-making and enhanced market positioning for various healthcare organizations. Committed to driving innovation and excellence, Muni continues to seek opportunities to improve healthcare delivery through data-driven insights.