Market Overview:
Methacrylate monomers, is an important industrial monomer which is used in various industries such as architectural, automotive¸ aerospace, marine, construction, and others. Basically, methacrylate is the building block for a huge range of acrylic applications that are found in various industries worldwide. Demand for methacrylate monomers has grown over years due to applicable in growing industries such as automotive and construction. Therefore, a necessity for large investment in methacrylate monomers industry and a requirement for improved the manufacturing technologies is became worldwide demand. Methacrylate monomers are specialty chemicals developed for very specific applications such as coatings, paints, inks, adhesives, and others. They can be also used as chemical intermediates, to enhance compatibility, flexibility, impact modification, heat resistance, crosslinking. They helps to enhance the performance of advanced materials by reducing replacing styrene, improving surface rigidity, and influence resistance.
The demand of methacrylate monomers is highly in the Asia-Pacific region which is primarily driven by the rising demand for high quality coatings from end-use industries. In addition, in terms of value, Asia-Pacific is likely to be the highest growing market for methacrylate monomers. Moreover, this high growth is because of the increased demand from the automotive, construction, and aerospace industry in the region.
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Study Objectives of Methacrylate monomers Market:
- To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the Global Methacrylate monomers Market
- To understand the supply and demand dynamics including supply and consumption concentration mapping
- To provide region level market analysis and future outlook for North America, Europe, Asia, and Rest of the World (ROW) and their countries
- To provide competitor positioning of the market
- To provide company profiling of major players in the market along with their production and capacity
- To provide regional trade analysis
- To evaluate historical market trends, patents and technologies, and current government regulatory requirements that are relevant to the market
Segmentation
The global methacrylate monomers market is majorly segmented on the basis of derivatives, application, end users and region. Based on derivatives of methacrylate monomers the market is segmented into behenyl methacrylate, tert-butyl methacrylate, cyclohexyl methacrylate, iso-decyl methacrylate, stearyl methacrylate, and others. Furthermore, based on application of methacrylate monomers the market is segmented into as coatings, paints, inks, elastomers, adhesives, and others. On the other hand, based on end user the market segmented into architectural, automotive¸ aerospace, marine, construction, and others, and based on region market is segmented into North America, Europe, APAC, Latin America, Middle East & Africa.
Key Players
- Mitsubishi Rayon Co. Ltd
- Sumitomo Chemical Co., Ltd
- Chi Mei Corporation
- Arkema Group
- BASF SE
- Evonik Industries
- The Dow Chemical Company
- Lucite International
- Eastman Chemical Company
- Monomer-Polymer & Dajac Labs
Intended Audience
- Methacrylate monomers manufacturers
- Traders and distributors of Methacrylate monomers
- Production Process industries
- Potential investors
- Raw material suppliers
- Nationalized laboratory
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