Methacrylate Monomers Market Outlook 2027 By Application, By Company, Forecast and Opportunities
According to TechSci Research, Global methacrylate monomers market is projected to grow at a significant rate during the forecast period. Methacrylates are widely used to produce methacrylate monomer, which is used for manufacturing thermoplastics such as ABS, PVC, and acrylic. The market growth can be attributed to the rising demand for methacrylate monomers across various end-use industries such as electronics, automotive, construction, among others. Besides, growing application for methacrylate monomers in LCD and LED flat screens and high R&D activity by manufactures are expected to ensure a robust growth of the market in the next five years. Rising urban population and purchasing parity of consumers are also driving the growth of the global methacrylate monomers market during the forecast period. Methacrylate monomers are increasingly being used for windows, canopies, architectural components, panels, doors, etc. due to their enhanced durability and long-lasting properties.
Growing use of methacrylate monomers for making interior accessories such as sailing boats, yachts, acrylic sheets, automobile topcoats, etc. is also expected to positively influence the growth of the global methacrylate monomers market. Moreover, superior properties of methacrylate-based products have led to their increased demand in IT and telecommunications. Physicians and dentists are employing methacrylate monomers where stability is crucial, utilizing the chemical compound for intravenous tubing connectors, hyperbaric chambers, artificial teeth, infant incubators, dental prosthesis, hip replacement, etc. However, health problems associated with the use of methacrylate monomers and increasing government regulations associated with their use are some of the factors restricting the growth of the global methacrylate monomers market during the forecast period.
The global methacrylate monomers market is segmented into derivatives, application, end-use industry, company, and region. Based on derivatives, the market is fragmented into methyl methacrylate, butyl methacrylate, ethyl methacrylate, 2-hydroxyethyl methacrylate, allyl methacrylate, glycidyl methacrylate, cyclohexyl methacrylate, stearyl methacrylate and lauryl methacrylate. The methyl methacrylate segment is expected to dominate the global methacrylate monomers market owing to their increasing demand for the use in signboards and displays, lighting equipment, automotive parts, construction materials, etc. Based on application, the market is divided into acrylic sheets, moulding, paints & coatings, additives, and others. The market is set to be dominated by the moulding segment owning to increasing demand of acrylic resins in end-user products like tail-lights of trucks and cars, instrument clusters etc.
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Some of the leading players in the Global Methacrylate Monomers Market are Nippon Shokubai, Mitsubishi Chemical, Sumitomo Chemical, BASF, Eastman Chemical Company, LG Chem, The DOW Chemical Company, Evonik Industries, Arkema, Hitachi Chemical etc.
- To analyse and forecast the market size of methacrylate monomers market, in terms of value and volume.
- To classify and forecast global methacrylate monomers market based on derivative, application, end-use industry and regional distribution.
- To identify drivers and challenges for global methacrylate monomers market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global methacrylate monomers market.
- To conduct the pricing analysis for methacrylate monomers market.
- To identify and analyse the profile of leading service providers involved in the global methacrylate monomers market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major manufacturers across the globe.
TechSci Research calculated the market size of Global Methacrylate Monomers Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
- Methacrylate monomers manufacturers, dealers, and suppliers
- Regulatory organizations.
- Traders and distributors of methacrylate monomers
- Research organizations and consulting companies.
- Chemical industries
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, distributors and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Attribute | Details | |
Base Year | 2021 | |
Historical Data | 2017 – 2020 | |
Estimated Year | 2022 | |
Forecast Period | 2023 – 2027 | |
Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F |
|
Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
|
Segments covered | · Derivatives · Application · End Use Industry | |
Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa | |
Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Singapore, Malaysia, Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Qatar, Brazil, Argentina, Colombia | |
Key companies profiled | Nippon Shokubai, Mitsubishi Chemical, Sumitomo Chemical, BASF, Eastman Chemical Company, LG Chem, The DOW Chemical Company, Evonik Industries, Arkema, Hitachi Chemical. | |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. | |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options | |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) | |
Report Scope:
In this report, Global Methacrylate Monomers Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Methacrylate Monomers Market, By Derivatives:
- Methyl Methacrylate
- Butyl Methacrylate
- Ethyl Methacrylate
- 2-Hydroxyethyl Methacrylate
- Allyl Methacrylate
- Glycidyl Methacrylate
- Cyclohexyl Methacrylate
- Stearyl Methacrylate
- Lauryl Methacrylate
- Methacrylate Monomers Market, By Application:
- Acrylic Sheets
- Moulding
- Paints & Coatings
- Additives
- Others
- Methacrylate Monomers Market, By End-Use Industry:
- Architecture & Construction
- Advertisement & Communication
- Electronics
- Automotive
- Others
- Methacrylate Monomers Market, by Region:
- Asia Pacific
§ China
§ India
§ Japan
§ South Korea
- Australia
- Singapore
- Malaysia
- Europe & CIS
§ France
§ Germany
§ United Kingdom
§ Italy
§ Spain
- North America
§ United States
§ Mexico
§ Canada
- South America
§ Brazil
§ Argentina
§ Colombia
- Middle East and Africa
§ South Africa
§ Saudi Arabia
§ UAE
§ Qatar
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Methacrylate Monomers Market segment.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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