Glycidyl Methacrylate Market Forecasts to 2030 – Global Analysis By Purity (Glycidyl Methacrylate (GMA) 97% and Glycidyl Methacrylate (GMA) <97%), Application, End User and By Geography
According to Stratistics MRC, the Global Glycidyl Methacrylate Market is accounted for $235.97 million in 2024 and is expected to reach $404.54 million by 2030 growing at a CAGR of 9.4% during the forecast period. A common chemical ingredient in the creation of polymers, resins, and coatings is glycidyl methacrylate (GMA). Methacrylic acid and epichlorohydrin are combined to create it, and a glycidyl group is added to increase its reactivity. In polymerization processes, GMA is mostly utilized as a monomer to enhance the adhesion qualities of products including plastics, adhesives, and coatings. It is used in sectors including electronics, construction, and the automotive industry because to its capacity to bond with a variety of substrates.
Market Dynamics:
Driver:
Increasing demand for adhesives and coatings
GMA is essential for strengthening adhesives' bonding qualities as well as coatings' performance and longevity. It is used in a variety of sectors, including electronics, aircraft, construction, and automotive, where strong adhesives and protective coatings are crucial. This need is further fueled by the growth of automotive manufacturing, construction, and the requirement for corrosion-resistant coatings, particularly in the aerospace industry. The GMA market is anticipated to expand gradually as long as businesses continue to place a high value on efficiency and durability.
Restraint:
Fluctuating raw material prices
Global demand fluctuations, supply chain interruptions, and geopolitical conflicts are some of the causes that generate price volatility for the primary raw materials used in the production of GMA, such as epichlorohydrin and methacrylic acid. For GMA manufacturers, these price swings may result in higher production costs, which would affect market prices and profit margins generally. Additionally, uncertain raw material prices can make it more difficult to foresee and plan for the long term market, especially in sectors that depend on GMA for high-performance coatings and adhesives.
Opportunity:
Rising demand for polymers
High-performance polymers, which are crucial in sectors including construction, electronics, and the automobile industry, are produced using GMA on a large scale. The need for GMA-based polymers is raising as these industries use materials that are stronger, lighter, and less prone to corrosion. The need for GMA is further supported by its capacity to enhance the mechanical characteristics, adhesion, and chemical resistance of plastics and composites. Furthermore, the use of GMA in polymer applications is further driven by the transition to sustainable materials and sophisticated production techniques like 3D printing and composite materials.
Threat:
Health and environmental hazards
Glycidyl Methacrylate's (GMA) potential health and environmental risks could restrict the market's expansion. GMA contains chemical groups that can be dangerous if inhaled, consumed, or absorbed via the skin, such as methacrylate and epoxide. Long-term exposure might cause hypersensitivity, skin irritation, or breathing problems. Additionally, GMA can damage the environment, especially aquatic habitats, if it is improperly disposed of or accidentally released. Stricter laws controlling its manufacture and usage in a variety of applications have resulted from these health and environmental hazards.
Covid-19 Impact
The COVID-19 pandemic had a major effect on the market for glycidyl methacrylate (GMA), upsetting demand across a range of businesses as well as supply networks and manufacturing procedures. Production was momentarily stopped during lockdowns, which resulted in delays and less GMA available. Additionally, less adhesive and coating was used as a result of the slump in industries like aerospace, construction, and automobiles. But as businesses start up again, the market is slowly rebounding, and a spike in demand is anticipated as industries concentrate on post-pandemic innovation and resilience.
The coatings segment is expected to be the largest during the forecast period
The coatings segment is estimated to be the largest. GMA's unique properties, such as its ability to enhance adhesion, chemical resistance, and durability, make it an ideal ingredient for various coatings formulations. Its use in industrial coatings, automotive paints, and protective finishes is growing, driven by the increasing demand for high-performance, long-lasting coatings that can withstand harsh environmental conditions. Additionally, the rising focus on sustainable and eco-friendly coatings is further propelling the demand for GMA, as it can be used to formulate low-VOC and water-based coatings.
The automotive segment is expected to have the highest CAGR during the forecast period
The automotive segment is anticipated to witness the highest CAGR during the forecast period, because GMA improves the performance of adhesives and coatings used in vehicle manufacture. GMA increases durability, chemical resistance, and bonding strength—all crucial for automotive components subjected to extreme environments. GMA's global presence is further enhanced by the rising demand for electric vehicles, which call for sophisticated bonding materials.
Region with largest share:
Asia Pacific is expected to have the largest market share during the forecast period due to quick industrial expansion, especially in the electronics, construction, and automobile sectors. The demand for GMA is also fueled by the region's growing emphasis on sustainable material innovation and the expanding automotive industry, particularly in nations like China and India. The requirement for durable materials in coatings and adhesives is further increased by government programs supporting infrastructure development and the growth of e-commerce.
Region with highest CAGR:
During the forecast period, the North America region is anticipated to register the highest CAGR, owing to the robust need for high-performance materials in sectors including electronics, construction, and automobiles. Adoption of GMA in coatings, adhesives, and composites is pushed by the region's emphasis on innovation, advanced manufacturing, and sustainability. Furthermore, GMA's market presence in North America is further strengthened by the growing trend toward electric vehicles (EVs) and the demand for strong, lightweight materials.
Key players in the market
Some of the key players profiled in the Glycidyl Methacrylate Market include Dow Chemicals, Kowa American Corporation, Estron Chemical, Zhonglan Industry, Jindun Chemical, Mitsubishi Gas Chemical Company, Hubei Xiansheng Biotechnology, Oswal Udhyog, Merck KGaA, Haihang Industry Co. Ltd., BASF, Evonik Industries AG, 3M, SABIC, Solvay, Huntsman Corporation, LG Chem, LyondellBasell Industries, Wacker Chemie AG, and Sumitomo Chemical.
Key Developments:
In December 2024, Dow announced that it has entered into a definitive agreement to sell a 40% equity stake in select U.S. Gulf Coast infrastructure assets to a fund managed by Macquarie Asset Management, a leading global infrastructure and energy asset manager.
In October 2024, Mitsubishi Gas Chemical Company, Inc. and Veritas In Silico, Inc. announces that they have concluded the signing of a Memorandum of Understanding (MOU) for a joint venture aimed at the research, development and manufacturing of innovative oligonucleotide therapeutics targeting RNA.
Purity Covered:
• Glycidyl Methacrylate (GMA) 97%
• Glycidyl Methacrylate (GMA) <97%
Applications Covered:
• Adhesives and Sealants
• Coatings
• Plastics and Composites
• Textile Auxiliaries
• Electrical Laminates
• Ion Exchange Resins
• Other Applications
End Users Covered:
• Automotive
• Construction
• Electronics
• Aerospace
• Other End Users
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
- 1 Executive Summary
- 2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
- 3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 End User Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
- 4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
- 5 Global Glycidyl Methacrylate Market, By Purity
- 5.1 Introduction
- 5.2 Glycidyl Methacrylate (GMA) 97%
- 5.3 Glycidyl Methacrylate (GMA) <97%
- 6 Global Glycidyl Methacrylate Market, By Application
- 6.1 Introduction
- 6.2 Adhesives and Sealants
- 6.3 Coatings
- 6.4 Plastics and Composites
- 6.5 Textile Auxiliaries
- 6.6 Electrical Laminates
- 6.7 Ion Exchange Resins
- 6.8 Other Applications
- 7 Global Glycidyl Methacrylate Market, By End User
- 7.1 Introduction
- 7.2 Automotive
- 7.3 Construction
- 7.4 Electronics
- 7.5 Aerospace
- 7.6 Other End Users
- 8 Global Glycidyl Methacrylate Market, By Geography
- 8.1 Introduction
- 8.2 North America
- 8.2.1 US
- 8.2.2 Canada
- 8.2.3 Mexico
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 Italy
- 8.3.4 France
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 New Zealand
- 8.4.6 South Korea
- 8.4.7 Rest of Asia Pacific
- 8.5 South America
- 8.5.1 Argentina
- 8.5.2 Brazil
- 8.5.3 Chile
- 8.5.4 Rest of South America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 Qatar
- 8.6.4 South Africa
- 8.6.5 Rest of Middle East & Africa
- 9 Key Developments
- 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 9.2 Acquisitions & Mergers
- 9.3 New Product Launch
- 9.4 Expansions
- 9.5 Other Key Strategies
- 10 Company Profiling
- 10.1 Dow Chemicals
- 10.2 Kowa American Corporation
- 10.3 Estron Chemical
- 10.4 Zhonglan Industry
- 10.5 Jindun Chemical
- 10.6 Mitsubishi Gas Chemical Company
- 10.7 Hubei Xiansheng Biotechnology
- 10.8 Oswal Udhyog
- 10.9 Merck KGaA
- 10.10 Haihang Industry Co. Ltd.
- 10.11 BASF
- 10.12 Evonik Industries AG
- 10.13 3M
- 10.14 SABIC
- 10.15 Solvay
- 10.16 Huntsman Corporation
- 10.17 LG Chem
- 10.18 LyondellBasell Industries
- 10.19 Wacker Chemie AG
- 10.20 Sumitomo Chemical
- List of Tables
- Table 1 Global Glycidyl Methacrylate Market Outlook, By Region (2022-2030) ($MN)
- Table 2 Global Glycidyl Methacrylate Market Outlook, By Purity (2022-2030) ($MN)
- Table 3 Global Glycidyl Methacrylate Market Outlook, By Glycidyl Methacrylate (GMA) 97% (2022-2030) ($MN)
- Table 4 Global Glycidyl Methacrylate Market Outlook, By Glycidyl Methacrylate (GMA) <97% (2022-2030) ($MN)
- Table 5 Global Glycidyl Methacrylate Market Outlook, By Application (2022-2030) ($MN)
- Table 6 Global Glycidyl Methacrylate Market Outlook, By Adhesives and Sealants (2022-2030) ($MN)
- Table 7 Global Glycidyl Methacrylate Market Outlook, By Coatings (2022-2030) ($MN)
- Table 8 Global Glycidyl Methacrylate Market Outlook, By Plastics and Composites (2022-2030) ($MN)
- Table 9 Global Glycidyl Methacrylate Market Outlook, By Textile Auxiliaries (2022-2030) ($MN)
- Table 10 Global Glycidyl Methacrylate Market Outlook, By Electrical Laminates (2022-2030) ($MN)
- Table 11 Global Glycidyl Methacrylate Market Outlook, By Ion Exchange Resins (2022-2030) ($MN)
- Table 12 Global Glycidyl Methacrylate Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 13 Global Glycidyl Methacrylate Market Outlook, By End User (2022-2030) ($MN)
- Table 14 Global Glycidyl Methacrylate Market Outlook, By Automotive (2022-2030) ($MN)
- Table 15 Global Glycidyl Methacrylate Market Outlook, By Construction (2022-2030) ($MN)
- Table 16 Global Glycidyl Methacrylate Market Outlook, By Electronics (2022-2030) ($MN)
- Table 17 Global Glycidyl Methacrylate Market Outlook, By Aerospace (2022-2030) ($MN)
- Table 18 Global Glycidyl Methacrylate Market Outlook, By Other End Users (2022-2030) ($MN)
- Table 19 North America Glycidyl Methacrylate Market Outlook, By Country (2022-2030) ($MN)
- Table 20 North America Glycidyl Methacrylate Market Outlook, By Purity (2022-2030) ($MN)
- Table 21 North America Glycidyl Methacrylate Market Outlook, By Glycidyl Methacrylate (GMA) 97% (2022-2030) ($MN)
- Table 22 North America Glycidyl Methacrylate Market Outlook, By Glycidyl Methacrylate (GMA) <97% (2022-2030) ($MN)
- Table 23 North America Glycidyl Methacrylate Market Outlook, By Application (2022-2030) ($MN)
- Table 24 North America Glycidyl Methacrylate Market Outlook, By Adhesives and Sealants (2022-2030) ($MN)
- Table 25 North America Glycidyl Methacrylate Market Outlook, By Coatings (2022-2030) ($MN)
- Table 26 North America Glycidyl Methacrylate Market Outlook, By Plastics and Composites (2022-2030) ($MN)
- Table 27 North America Glycidyl Methacrylate Market Outlook, By Textile Auxiliaries (2022-2030) ($MN)
- Table 28 North America Glycidyl Methacrylate Market Outlook, By Electrical Laminates (2022-2030) ($MN)
- Table 29 North America Glycidyl Methacrylate Market Outlook, By Ion Exchange Resins (2022-2030) ($MN)
- Table 30 North America Glycidyl Methacrylate Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 31 North America Glycidyl Methacrylate Market Outlook, By End User (2022-2030) ($MN)
- Table 32 North America Glycidyl Methacrylate Market Outlook, By Automotive (2022-2030) ($MN)
- Table 33 North America Glycidyl Methacrylate Market Outlook, By Construction (2022-2030) ($MN)
- Table 34 North America Glycidyl Methacrylate Market Outlook, By Electronics (2022-2030) ($MN)
- Table 35 North America Glycidyl Methacrylate Market Outlook, By Aerospace (2022-2030) ($MN)
- Table 36 North America Glycidyl Methacrylate Market Outlook, By Other End Users (2022-2030) ($MN)
- Table 37 Europe Glycidyl Methacrylate Market Outlook, By Country (2022-2030) ($MN)
- Table 38 Europe Glycidyl Methacrylate Market Outlook, By Purity (2022-2030) ($MN)
- Table 39 Europe Glycidyl Methacrylate Market Outlook, By Glycidyl Methacrylate (GMA) 97% (2022-2030) ($MN)
- Table 40 Europe Glycidyl Methacrylate Market Outlook, By Glycidyl Methacrylate (GMA) <97% (2022-2030) ($MN)
- Table 41 Europe Glycidyl Methacrylate Market Outlook, By Application (2022-2030) ($MN)
- Table 42 Europe Glycidyl Methacrylate Market Outlook, By Adhesives and Sealants (2022-2030) ($MN)
- Table 43 Europe Glycidyl Methacrylate Market Outlook, By Coatings (2022-2030) ($MN)
- Table 44 Europe Glycidyl Methacrylate Market Outlook, By Plastics and Composites (2022-2030) ($MN)
- Table 45 Europe Glycidyl Methacrylate Market Outlook, By Textile Auxiliaries (2022-2030) ($MN)
- Table 46 Europe Glycidyl Methacrylate Market Outlook, By Electrical Laminates (2022-2030) ($MN)
- Table 47 Europe Glycidyl Methacrylate Market Outlook, By Ion Exchange Resins (2022-2030) ($MN)
- Table 48 Europe Glycidyl Methacrylate Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 49 Europe Glycidyl Methacrylate Market Outlook, By End User (2022-2030) ($MN)
- Table 50 Europe Glycidyl Methacrylate Market Outlook, By Automotive (2022-2030) ($MN)
- Table 51 Europe Glycidyl Methacrylate Market Outlook, By Construction (2022-2030) ($MN)
- Table 52 Europe Glycidyl Methacrylate Market Outlook, By Electronics (2022-2030) ($MN)
- Table 53 Europe Glycidyl Methacrylate Market Outlook, By Aerospace (2022-2030) ($MN)
- Table 54 Europe Glycidyl Methacrylate Market Outlook, By Other End Users (2022-2030) ($MN)
- Table 55 Asia Pacific Glycidyl Methacrylate Market Outlook, By Country (2022-2030) ($MN)
- Table 56 Asia Pacific Glycidyl Methacrylate Market Outlook, By Purity (2022-2030) ($MN)
- Table 57 Asia Pacific Glycidyl Methacrylate Market Outlook, By Glycidyl Methacrylate (GMA) 97% (2022-2030) ($MN)
- Table 58 Asia Pacific Glycidyl Methacrylate Market Outlook, By Glycidyl Methacrylate (GMA) <97% (2022-2030) ($MN)
- Table 59 Asia Pacific Glycidyl Methacrylate Market Outlook, By Application (2022-2030) ($MN)
- Table 60 Asia Pacific Glycidyl Methacrylate Market Outlook, By Adhesives and Sealants (2022-2030) ($MN)
- Table 61 Asia Pacific Glycidyl Methacrylate Market Outlook, By Coatings (2022-2030) ($MN)
- Table 62 Asia Pacific Glycidyl Methacrylate Market Outlook, By Plastics and Composites (2022-2030) ($MN)
- Table 63 Asia Pacific Glycidyl Methacrylate Market Outlook, By Textile Auxiliaries (2022-2030) ($MN)
- Table 64 Asia Pacific Glycidyl Methacrylate Market Outlook, By Electrical Laminates (2022-2030) ($MN)
- Table 65 Asia Pacific Glycidyl Methacrylate Market Outlook, By Ion Exchange Resins (2022-2030) ($MN)
- Table 66 Asia Pacific Glycidyl Methacrylate Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 67 Asia Pacific Glycidyl Methacrylate Market Outlook, By End User (2022-2030) ($MN)
- Table 68 Asia Pacific Glycidyl Methacrylate Market Outlook, By Automotive (2022-2030) ($MN)
- Table 69 Asia Pacific Glycidyl Methacrylate Market Outlook, By Construction (2022-2030) ($MN)
- Table 70 Asia Pacific Glycidyl Methacrylate Market Outlook, By Electronics (2022-2030) ($MN)
- Table 71 Asia Pacific Glycidyl Methacrylate Market Outlook, By Aerospace (2022-2030) ($MN)
- Table 72 Asia Pacific Glycidyl Methacrylate Market Outlook, By Other End Users (2022-2030) ($MN)
- Table 73 South America Glycidyl Methacrylate Market Outlook, By Country (2022-2030) ($MN)
- Table 74 South America Glycidyl Methacrylate Market Outlook, By Purity (2022-2030) ($MN)
- Table 75 South America Glycidyl Methacrylate Market Outlook, By Glycidyl Methacrylate (GMA) 97% (2022-2030) ($MN)
- Table 76 South America Glycidyl Methacrylate Market Outlook, By Glycidyl Methacrylate (GMA) <97% (2022-2030) ($MN)
- Table 77 South America Glycidyl Methacrylate Market Outlook, By Application (2022-2030) ($MN)
- Table 78 South America Glycidyl Methacrylate Market Outlook, By Adhesives and Sealants (2022-2030) ($MN)
- Table 79 South America Glycidyl Methacrylate Market Outlook, By Coatings (2022-2030) ($MN)
- Table 80 South America Glycidyl Methacrylate Market Outlook, By Plastics and Composites (2022-2030) ($MN)
- Table 81 South America Glycidyl Methacrylate Market Outlook, By Textile Auxiliaries (2022-2030) ($MN)
- Table 82 South America Glycidyl Methacrylate Market Outlook, By Electrical Laminates (2022-2030) ($MN)
- Table 83 South America Glycidyl Methacrylate Market Outlook, By Ion Exchange Resins (2022-2030) ($MN)
- Table 84 South America Glycidyl Methacrylate Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 85 South America Glycidyl Methacrylate Market Outlook, By End User (2022-2030) ($MN)
- Table 86 South America Glycidyl Methacrylate Market Outlook, By Automotive (2022-2030) ($MN)
- Table 87 South America Glycidyl Methacrylate Market Outlook, By Construction (2022-2030) ($MN)
- Table 88 South America Glycidyl Methacrylate Market Outlook, By Electronics (2022-2030) ($MN)
- Table 89 South America Glycidyl Methacrylate Market Outlook, By Aerospace (2022-2030) ($MN)
- Table 90 South America Glycidyl Methacrylate Market Outlook, By Other End Users (2022-2030) ($MN)
- Table 91 Middle East & Africa Glycidyl Methacrylate Market Outlook, By Country (2022-2030) ($MN)
- Table 92 Middle East & Africa Glycidyl Methacrylate Market Outlook, By Purity (2022-2030) ($MN)
- Table 93 Middle East & Africa Glycidyl Methacrylate Market Outlook, By Glycidyl Methacrylate (GMA) 97% (2022-2030) ($MN)
- Table 94 Middle East & Africa Glycidyl Methacrylate Market Outlook, By Glycidyl Methacrylate (GMA) <97% (2022-2030) ($MN)
- Table 95 Middle East & Africa Glycidyl Methacrylate Market Outlook, By Application (2022-2030) ($MN)
- Table 96 Middle East & Africa Glycidyl Methacrylate Market Outlook, By Adhesives and Sealants (2022-2030) ($MN)
- Table 97 Middle East & Africa Glycidyl Methacrylate Market Outlook, By Coatings (2022-2030) ($MN)
- Table 98 Middle East & Africa Glycidyl Methacrylate Market Outlook, By Plastics and Composites (2022-2030) ($MN)
- Table 99 Middle East & Africa Glycidyl Methacrylate Market Outlook, By Textile Auxiliaries (2022-2030) ($MN)
- Table 100 Middle East & Africa Glycidyl Methacrylate Market Outlook, By Electrical Laminates (2022-2030) ($MN)
- Table 101 Middle East & Africa Glycidyl Methacrylate Market Outlook, By Ion Exchange Resins (2022-2030) ($MN)
- Table 102 Middle East & Africa Glycidyl Methacrylate Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 103 Middle East & Africa Glycidyl Methacrylate Market Outlook, By End User (2022-2030) ($MN)
- Table 104 Middle East & Africa Glycidyl Methacrylate Market Outlook, By Automotive (2022-2030) ($MN)
- Table 105 Middle East & Africa Glycidyl Methacrylate Market Outlook, By Construction (2022-2030) ($MN)
- Table 106 Middle East & Africa Glycidyl Methacrylate Market Outlook, By Electronics (2022-2030) ($MN)
- Table 107 Middle East & Africa Glycidyl Methacrylate Market Outlook, By Aerospace (2022-2030) ($MN)
- Table 108 Middle East & Africa Glycidyl Methacrylate Market Outlook, By Other End Users (2022-2030) ($MN)
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