Global Glycidyl Methacrylate (GMA) Market Growth 2023-2029
According to our (LP Info Research) latest study, the global Glycidyl Methacrylate (GMA) market size was valued at US$ 203.5 million in 2022. With growing demand in downstream market and recovery from influence of COVID-19 and the Russia-Ukraine War, the Glycidyl Methacrylate (GMA) is forecast to a readjusted size of US$ 290.7 million by 2029 with a CAGR of 5.2% during review period.
The research report highlights the growth potential of the global Glycidyl Methacrylate (GMA) market. With recovery from influence of COVID-19 and the Russia-Ukraine War, Glycidyl Methacrylate (GMA) are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Glycidyl Methacrylate (GMA). Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Glycidyl Methacrylate (GMA) market.
Glycidyl methacrylate (GMA) is an ester of methacrylic acid and glycidol. It is a common monomer used in the production of epoxy resins. GMA is also a high purity, dual functionality monomer ideally suited for coating and resin applications. The Glycidyl Methacrylate market has been expanding at a significant pace primarily due to the growth in polymer and adhesives industries. Epoxies contain diglycidyl ether of bisphenol A (DGEBA), while GMA is used to provide epoxy functionalization to polyolefins and other acrylate resins.
Global key players of Glycidyl Methacrylate (GMA) include Dow Chemicals, Mitsubishi Gas Chemical (MGC), Jiangxi Ruixiang, Weicheng New Material, Nanjing Rongan Chemical, etc. The top three players hold a share over 60%. Asia-Pacific is the largest market, has a share about 67%, followed by Europe and North America, with share 13% and 16%, separately. In terms of product type, Purity: above 99% is the largest segment, occupied for a share of 90%, and in terms of application, Coatings has a share about 30 percent.
Key Features:
The report on Glycidyl Methacrylate (GMA) market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Glycidyl Methacrylate (GMA) market. It may include historical data, market segmentation by Type (e.g., Purity:below 99%, Purity:above 99%), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Glycidyl Methacrylate (GMA) market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Glycidyl Methacrylate (GMA) market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Glycidyl Methacrylate (GMA) industry. This include advancements in Glycidyl Methacrylate (GMA) technology, Glycidyl Methacrylate (GMA) new entrants, Glycidyl Methacrylate (GMA) new investment, and other innovations that are shaping the future of Glycidyl Methacrylate (GMA).
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Glycidyl Methacrylate (GMA) market. It includes factors influencing customer ' purchasing decisions, preferences for Glycidyl Methacrylate (GMA) product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Glycidyl Methacrylate (GMA) market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Glycidyl Methacrylate (GMA) market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Glycidyl Methacrylate (GMA) market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Glycidyl Methacrylate (GMA) industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Glycidyl Methacrylate (GMA) market.
Market Segmentation:
Glycidyl Methacrylate (GMA) market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Purity:below 99%
Purity:above 99%
Segmentation by application
Coatings
Plastics
Adhesives
Printing Ink
Resins
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Dow Chemicals
Mitsubishi Gas Chemical (MGC)
Jiangxi Ruixiang
Weicheng New Material
Nanjing Rongan Chemical
GP Natural Products
Xiayi Yuhao Additives
JinDun Chemical
Xiansheng Biotech
Estron Chemical
Key Questions Addressed in this Report
What is the 10-year outlook for the global Glycidyl Methacrylate (GMA) market?
What factors are driving Glycidyl Methacrylate (GMA) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Glycidyl Methacrylate (GMA) market opportunities vary by end market size?
How does Glycidyl Methacrylate (GMA) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.