Global Glycidyl Methacrylate Market By Type (Purity 97.0%, Purity 98.5%, Purity 99.0%, Purity 99.7%, Others), Application (Automotive Coating, Powder Coating, Radiation Curable Coating, Industrial and Protecting Finishes, Adhesives, Plastic Modifiers, Others), End User (Manufacturing Units, Packaging Units), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa)Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Glycidyl Methacrylate Market
Glycidyl methacrylate market is expected to register its growth at a rate of 10.10% for the forecast period of 2021 to 2028 and is likely to reach USD 327.12 million by 2028. Data Bridge Market Research report on glycidyl methacrylate market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Glycidyl methacrylate (GMA) is a type of an ester of methacrylic acid and glycidol. It is a common monomer used in the production of epoxy resins. It is also a high purity, dual functionality monomer ideally suited for coating and resin applications.
The increase in demand for electronics and electrical equipment is expected to augment market growth in the forecast period of 2021 to 2028. The rise in the number of construction industries and increasing use of electrical and electronics as well as the high investment in building and construction are also expected to be as the major factors leading to the growth of the glycidyl methacrylate market. The major factor accountable for the growth of the market is the high demand from packaging and paints and coatings industries.
In addition, the rise in investments in R& D activities, increase in the packing and paints industry increase in the packing and paints industry and the high demand in the automotive industry are projected to create lucrative opportunities in the above mentioned forecast period.
However, the adverse health effects and stringent regulations are expected to act as major restraining factors towards the growth of the glycidyl methacrylate market, whereas the limitation of the epoxy resin can challenge to the market growth over the forecast period.
This glycidyl methacrylate market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on glycidyl methacrylate market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Glycidyl Methacrylate Market Scope and Market Size
Glycidyl methacrylate market is segmented on the basis of type, application and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the glycidyl methacrylate market is segmented into purity 97.0%, purity 98.5%, purity 99.0%, purity 99.7% and others.
- On the basis of application, the glycidyl methacrylate market is segmented into automotive coating, powder coating, radiation curable coating, industrial and protecting finishes, adhesives, plastic modifiers and others.
- On the basis of end user, the glycidyl methacrylate market is segmented into manufacturing units and packaging units.
Glycidyl Methacrylate Market Country Level Analysis
Glycidyl methacrylate market is analyzed and market size, volume information is provided by country, type, application and end user as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific leads the glycidyl methacrylate market due to the increase in demand for glycidyl methacrylate in construction, automotive, paints and coatings and packaging industries. North America is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 owing to the rise in consumption of high purity products.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Glycidyl Methacrylate Market Share Analysis
Glycidyl methacrylate market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to glycidyl methacrylate market.
The major players covered in the glycidyl methacrylate market report are MITSUBISHI GAS CHEMICAL COMPANY, INC., Evonik Industries AG, Estron, Lianyungang Ningkang Chemical Co., Ltd, Sumitomo Chemical Co., Ltd., Dow, KOWA AMERICAN CORPORATION, Zhonglan Industry Co.,Ltd., JINDUN CHEMICAL, Hubei Xiansheng Biotechnology Co., Ltd., OSWAL UDHYOG, Merck KGaA, Jamorin International, TCI Chemicals (India) Pvt. Ltd., Kowa India Pvt.Ltd, Merck KGaA, NATIONAL ANALYTICAL CORPORATION, and Haihang Industry among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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