Global glycidyl methacrylate market share is highly consolidated with the presence of various manufacturers such as
Dow Chemicals
Mitsubishi Gas Chemical
Jindun Chemical
Hubei Xiansheng Biotechnology
Estron Chemical
Zhonglan Industry
Certain market participants are engaging in production capacity expansion to satisfy growing product demand from the booming resins and specialty coatings industries.
Authors:
Kunal Ahuja, Sarita Bayas
Frequently Asked Questions (FAQ) :
The overall glycidyl methacrylate market was valued at USD 136.18 million in the year 2018.
Overall glycidyl methacrylate market would exhibit a CAGR of 9.8% through 2025.
According to the report published by Global Market Insights Inc., the glycidyl methacrylate market is expected to hit at $250 million (USD) by 2025, growing at a CAGR of 9.8%.
Growing electrical & electronics and construction industries, booming automotive industry and increasing demand from packaging and paints & coatings industries are the key factors expected to drive the market.
Based on end-use industry, the manufacturing units segment from <97% purity surpassed USD 20 million in 2018 and is anticipated to exhibit remarkable growth rate during the forecast period.
Dow Chemicals, Mitsubishi Gas Chemical, Jindun Chemical, Hubei Xiansheng Biotechnology, Estron Chemical, and Zhonglan Industry are the top contributors in the industry.
