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sramfact · 2 years

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The report "Methyl Methacrylate Adhesives Market by Substrate (Metal, Plastic, Composite), End Use Industry (Automotive & Transportation, Marine, Wind Energy, Building & Construction, General Assembly), and Region - Global Forecast to 2023" The MMA adhesives market is projected to grow from USD 1.09 billion in 2018 to USD 1.56 billion by 2023, at a CAGR of 7.5%. The increasing demand for lightweight, crash-resistant, and fuel-efficient vehicles; growing demand in the automotive and marine industries; superior quality and performance of MMA adhesives; and increasing awareness about advantages of adhesives over conventional techniques are driving the MMA adhesives market. The growing awareness about reducing emissions, increasing recyclability, and minimizing wastage is expected to propel the growth of the market.

Composite is one of the most widely used substrates of MMA adhesives owing to the need for improving aesthetics along with maintaining design, cost, and speed of production for the marine and transportation industries. MMA adhesives are popular for niche applications of composite bonding, as they can bond large assemblies and materials having different surface energies along with SMC, which earlier had concerns owing to incompatibility with some mold releases. MMA adhesives are used to bond composite to composite structures and composite to metal substrates. For instance, components such as front and rear end caps, roofs, rear bumpers, floor panels, and luggage door frames of a truck fabricated from either SMC or FRP can be bonded using MMA adhesives.

APAC is the largest MMA adhesives market, which is mainly driven by the demand from the automotive & transportation, wind energy, and marine end-use industries. APAC is increasingly becoming an important global trade and commerce center. The region is currently the fastest-growing and the largest MMA adhesives market. With economic contraction and saturation in the European and North American markets, the demand is shifting to APAC. Vehicle production in APAC is expected to grow from 26.8 million units in 2013 to 43.1 million units by 2020. This growth is mainly due to the shift of base of the automotive manufacturers to the developing markets.

The key players in the market include Illinois Tool Works Inc. (US), Arkema (France), SCIGRIP (UK), Scott Bader (UK), Lord Corporation (US), Henkel (Germany), Permabond LLC (US), Parsons Adhesive Inc. (US), Huntsman Corporation (US), and 3M (US).

#Methyl Methacrylate Adhesives Market #COVID 19 impact on MMA Adhesives Market #COVID 19 impact on Methyl Methacrylate Adhesives Market #Methyl Methacrylate Adhesives #MMA Adhesives market #global MMA adhesives market #MMA adhesives market Drivers #Methyl Methacrylate Adhesives Market Size #Methyl Methacrylate Adhesives Demand #Methyl Methacrylate Adhesives Sales

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chemanalystdata · 5 months

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Methyl Meth Acrylate Price, Trend, Prices, Demand & Market Analysis | ChemAnalyst

Methyl Methacrylate (MMA) has become a cornerstone in the global chemical industry, playing a pivotal role in various applications such as adhesives, coatings, and acrylic-based products. The MMA market prices are subject to dynamic shifts influenced by a multitude of factors. One of the primary determinants of MMA prices is the demand-supply dynamics. As industries across the globe continue to expand, the demand for MMA has witnessed a steady rise. This escalating demand exerts upward pressure on prices, especially when supply struggles to keep pace.

Raw material costs constitute another significant factor impacting MMA market prices. MMA is derived from the petrochemical compound methacrylic acid, and fluctuations in the prices of crude oil directly impact the cost of production. Additionally, the manufacturing process involves intricate chemical reactions and specialized equipment, contributing to operational expenses. Any fluctuations in these costs can manifest in the final MMA market prices.

Geopolitical factors also exert their influence on the MMA market. Political instability in regions with significant MMA production or geopolitical events impacting the oil and gas industry can disrupt the supply chain, leading to price volatility. Trade tensions and tariffs can further complicate the market dynamics, affecting the pricing of MMA.

Environmental regulations play a crucial role in shaping the MMA market landscape. As governments worldwide intensify efforts to curb emissions and promote sustainable practices, the chemical industry faces increased scrutiny. Compliance with stringent environmental standards often necessitates modifications in production processes, leading to additional costs that can be reflected in MMA prices.

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The competitive landscape within the chemical industry also contributes to price fluctuations. Market dynamics, such as the entry of new players or consolidation among existing ones, can impact supply levels and subsequently influence MMA prices. Technological advancements and innovations in production processes may enhance efficiency but can also incur upfront costs, potentially affecting pricing strategies.

Global economic conditions and currency exchange rates are integral variables in understanding MMA market prices. Economic downturns can suppress industrial activities, leading to a reduced demand for MMA and subsequent downward pressure on prices. Currency fluctuations, especially in regions where MMA production is concentrated, can impact export-import dynamics, influencing prices in the global market.

Consumer preferences and industry trends play a role in shaping the demand for MMA-based products. As consumer preferences evolve and industries pivot towards more sustainable solutions, the demand for MMA in eco-friendly applications may experience a surge. This shift in demand patterns can have a cascading effect on prices as producers adapt to meet changing market requirements.

The Methyl Methacrylate (MMA) market is a complex ecosystem influenced by a multitude of factors. The interplay of demand and supply dynamics, raw material costs, geopolitical events, environmental regulations, competitive forces, economic conditions, and consumer trends collectively shape the pricing landscape for MMA. Market participants, ranging from producers to end-users, must stay vigilant and adapt to these dynamic forces to navigate the complexities of the MMA market and make informed decisions in an ever-evolving industry.

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#Methyl Meth Acrylate Prices

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delvenservices · 9 months

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Floor Coatings Market Sales & Revenue Analysis

Floor Coatings Market by Floor Structure (Concrete, Mortar, Terrazzo, Wood, and Others), End User (Residential, Commercial, and Industrial), Binder Type (Epoxy, Acrylic, Polyurethane, Methyl Methacrylate, and Others), and Coating Component (Single Component, Double Component, and Triple Component) and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).

Market Overview

The global Floor Coatings market size was estimated at USD 6.7 billion in 2023 and is projected to reach USD 9.7 billion in 2030 at a CAGR of 4.9% during the forecast period 2023-2030.

Floor coatings refer to the protective layers which are primarily employed for safeguarding surfaces that are subjected to corrosion, wear and stress, especially in the manufacturing facilities, warehouses and chemical plants.

A plethora of floor coatings such as polyurethane and epoxy-based coatings are extensively used in resurfacing applications and in concealing stains. The growth of the construction sector coupled with the increased usage of coatings in industrial, commercial and residential applications are the pivotal factors that stimulate the growth of the floor coatings market. Moreover, the upsurge in population along with the surge in industrialization across the globe has bolstered the demand for floor coatings.

The increase in investment in the infrastructure sector along with the augmenting demand for floor coatings from the chemical industry provides ample opportunities for the market players. Nonetheless, it is worth noting that the utilization of organic solvents in floor coating products can have a massive environmental impact and also can be highly detrimental to human health, thus posing a major hindrance to the growth of the global floor coatings market.

The COVID-19 pandemic has had a detrimental impact on the global market and supply chain. This has been caused by the significant disruption of supply and demand for raw materials, which has been attributed to the implementation of lockdowns and stringent government regulations. As a result of this, production facilities have been negatively impacted on a global scale due to the limited availability of raw materials. Furthermore, ongoing construction projects have also been adversely affected by the pandemic due to a shortage of labor caused by countrywide lockdowns and the economic slowdown. According to Lexology, the most frequently reported impact resulting from COVID-19 is the acute shortage of labor, which has further exacerbated the challenges faced by the industry.

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Delvens Industry Expert's Standpoint

The current surge in the need for enhanced surface strength of concrete surfaces has acted as a catalyst for the emergence of novel product development avenues for manufacturers on a global scale. The adoption of floor coatings for concretes has significantly contributed to the expansion of the floor coatings market. Moreover, the rapid expansion of the residential sector is expected to be a major driving force behind the market's growth. Additionally, upcoming economies, such as China, India, Thailand, and South Africa are projected to present substantial growth opportunities for the worldwide floor coatings market participants, owing to the increase in construction industry expansion in conjunction with the escalation of governmental support to promote infrastructure investments.

Key Findings

On the basis of resin type, the segment pertaining to epoxy is anticipated to emerge as the swiftest expanding market. The eminent market position that epoxy occupies can be ascribed to its exceptional properties, encompassing elevated adhesion, formidable impact resistance, remarkable flexibility, and invulnerability to chemicals and solvents. Moreover, it is being prognosticated that this particular segment will also register a remarkable upsurge in the global industrial floor coating market, thereby consolidating its position as the frontrunner in this domain.

On the basis of flooring material, the segment of concrete, which is a type of material composed of cement, aggregates and water, is predicted to exhibit the most rapid rate of expansion among all the segments within the industrial floor coating market. This forecast can be attributed to various factors, including but not limited to the relatively lower cost that is associated with the procurement of concrete in comparison to other materials, its remarkable ability to withstand wear and tear, as well as its exceptional tensile strength, which allows it to resist deformation under stress. Consequently, concrete has emerged as the material of choice for the construction of industrial floors, and its utilization in this regard is widespread.

On the basis of end user, the industrial floor coating market is anticipated to be dominated by the manufacturing segment, as it is expected to capture the largest share of the market. This market supremacy can be ascribed to the remarkable proliferation of the manufacturing industry worldwide. The surge in manufacturing operations has led to an increase in the number of production plants, thereby presenting a promising opportunity for the deployment of industrial floor coating in these facilities.

The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. Asia Pacific, comprising of a vast expanse of land and water, has been observed to have acquired a preeminent position in the global market for protective coatings, as evidenced by its acquisition of the largest market share.

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Regional Analysis

Asia-Pacific to Dominate the Market

Asia Pacific, comprising of a vast expanse of land and water, has been observed to have acquired a preeminent position in the global market for protective coatings, as evidenced by its acquisition of the largest market share.

The exponential rise in the demand for such coatings in this region can be primarily attributed to the unprecedented growth and development of its industrial, infrastructural and constructional, marine, and automotive sectors, which has been nothing short of phenomenal.

Competitive Landscape

3M Company

A& I Coatings

AkzoNobel N.V.

Apurva India

Ardex Endura

Asian Paints

Axalta Coating Systems Ltd.

BASF SE

Grand Polycoats

Key Resin

Michelman Inc

Milliken & Company

PPG Industries, Inc.

RPM International Inc.

The Daw Group

The Lubrizol Corporation

The Sherwin-Williams Company

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Recent Developments

In May 2023, Sika AG completed the acquisition of MBCC Group. Through this acquisition, Sika AG has expanded its portfolio of decorative floor coatings.

In March 2023, BASF SE announced that it has started the production of its first bio-based polyol, Sovermol which is designed for applications like flooring coating, waterpipe coating, adhesive, and putty applications. The production facility was started at Mangalore, India to serve the growing market in the Asia-Pacific.

Reasons to Acquire

Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors.

Gain authentic and granular data access for the Floor Coatings Market to understand the trends and the factors involved in changing market situations.

Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.

In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.

Report Scope

The Floor Coatings Market is segmented into various segments such as by Floor Structure, End User, Binder Type, Coating Component and Region:

Based on Resin Type

Epoxy

Polyurethane

Hybrid

Based on the Flooring Material

Concrete

Mortar

Terrazzo

Based on the Coating Component

One-component

Two-component

Three-component

Four-component

Five-component

Based on Technology

Water-borne

Solvent-borne

Based on End-Use Sector

Manufacturing

Aviation & transportation

Food processing

Science & technology

About Us:

Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.

Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.

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The Floor Coatings Market report answers a number of crucial questions, including:

Which companies dominate the Floor Coatings Market?

What current trends will influence the market over the next few years?

What are the market's opportunities, obstacles, and driving forces?

What predictions for the future can help with strategic decision-making?

What advantages does market research offer businesses?

Which particular market segments should industry players focus on in order to take advantage of the most recent technical advancements?

What is the anticipated growth rate for the market economy globally?

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168699 · 2 years

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Soil Pipe Market, Global Outlook and Forecast 2022-2028

The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type, the High Performance Structural Adhesives market is segmented into

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Epoxy

Polyurethane

Acrylic

Methyl Methacrylate

Segment by Application

Automotive

Aerospace

Marine

Building and Construction

Wind Energy

Global High Performance Structural Adhesives Market: Regional Analysis

The High Performance Structural Adhesives market is analysed and market size information is provided by regions (countries). The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type and by Application segment in terms of sales and revenue for the period 2015-2026.

The key regions covered in the High Performance Structural Adhesives market report are:

North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Indonesia

Thailand

Malaysia

Philippines

Vietnam

Latin America

Mexico

Brazil

Argentina

Middle East & Africa

Turkey

Saudi Arabia

U.A.E

Global High Performance Structural Adhesives Market: Competitive Analysis

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019.

The major players in global High Performance Structural Adhesives market include:

HENKEL

ASHLAND

SIKA

ARKEMA

DOW CHEMICAL COMPANY

LORD CORPORATION

ILLINOIS TOOL WORKS

SCOTT BADER

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Table of content

1 High Performance Structural Adhesives Market Overview 1.1 Product Overview and Scope of High Performance Structural Adhesives 1.2 High Performance Structural Adhesives Segment by Type 1.2.1 Global High Performance Structural Adhesives Sales Growth Rate Comparison by Type (2020-2026) 1.2.2 Epoxy 1.2.3 Polyurethane 1.2.4 Acrylic 1.2.5 Methyl Methacrylate 1.3 High Performance Structural Adhesives Segment by Application 1.3.1 High Performance Structural Adhesives Sales Comparison by Application: (2020-2026) 1.3.2 Automotive 1.3.3 Aerospace 1.3.4 Marine 1.3.5 Building and Construction 1.3.6 Wind Energy 1.4 Global High Performance Structural Adhesives Market Size Estimates and Forecasts 1.4.1 Global High Performance Structural Adhesives Revenue 2015-2026 1.4.2 Global High Performance Structural Adhesives Sales 2015-2026 1.4.3 High Performance Structural Adhesives Market Size by Region: 2020 Versus 2026 2 Global High Performance Structural Adhesives Market Competition by Manufacturers 2.1 Global High Performance Structural Adhesives Sales Market Share by Manufacturers (2015-2020) 2.2 Global High Performance Structural Adhesives Revenue Share by Manufacturers (2015-2020) 2.3 Global High Performance Structural Adhesives Average Price by Manufacturers (2015-2020) 2.4 Manufacturers High Performance Structural Adhesives

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deafeningmoonmusic · 2 years

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Methyl Methacrylate (MMA) Market to reach US$ 10,640.2 million by over the forecast period (2019 – 2027)

Methyl Methacrylate (MMA) is a monomer and is also known as methacrylic acid or methyl ester. Major applications of methyl methacrylate include, vinyl impact modifiers, illuminated light displays, adhesives, safety gazing, exterior paints, and others. MMA finds applications in various end-use industries such as building & construction, electronics, automotive, aerospace, paints & coating, medical, and others. Increasing demand for MMA from end-use industries is expected to propel growth of the global methyl methacrylate market.

The global methyl methacrylate market was valued at US$ 7,191.1 million in 2018, and is expected to register a CAGR of 4.5% in terms of revenue over the forecast period (2019 – 2027), to reach US$ 10,640.2 million by 2027.

Market Dynamics

Methyl methacrylate is used in building and construction activities as a binder for concrete admixtures, industrial flooring, liquid water proofing compounds, reactive road marking systems, and concrete repair compounds. Among regions, Asia Pacific held dominant position in the global methyl methacrylate market, in terms of revenue share, in 2018. This is owing to increasing production of automobiles and high use of MMA in making building & construction interior and exterior parts of vehicles.

Asia Pacific accounted for the largest market share in the global methyl methacrylate market in 2018, owing to increasing demand for electronics and automobiles supported by increasing population and disposable income of the populace in the region

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Major Keyplayers: BASF SE, Evonik Industries AG, Arkema Group, The Dow Chemical Company, Akzo Nobel N.V., Sumitomo Chemical Company Limited, Chi Mei Corporation, Asahi Kasei Corporation, and DowDuPont. Inc.

About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

Contact:

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topnewscenter · 3 years

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Methyl Methacrylate Adhesive Market 2021 | Business Opportunity, Growth Strategies & Forecast Report By 2027

The Methyl Methacrylate Adhesive Market Report, in its latest update, highlights the significant impacts and the recent strategical changes under the present socio-economic scenario. The Methyl Methacrylate Adhesive industry growth avenues are deeply supported by exhaustive research by the top analysts of the industry. The report starts with the executive summary, followed by a value chain and marketing channels study. The report then estimates the CAGR and market revenue of the global and regional segments.

Base Year: 2020

Estimated Year: 2021

Forecast Till: 2027

The report classifies the market into different segments based on type and product. These segments are studied in detail, incorporating the market estimates and forecasts at regional and country levels. The segment analysis is helpful in understanding the growth areas and potential opportunities of the market.

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A special section is dedicated to the analysis of the impact of the COVID-19 pandemic on the growth of the Methyl Methacrylate Adhesive market. The impact is closely studied in terms of production, import, export, and supply.

The report covers the complete competitive landscape of the Worldwide Methyl Methacrylate Adhesive market with company profiles of key players such as:

Henkel AG & Company

Permabond LLC

Parsons Adhesive Inc.

Huntsman Corporation

3M Company

Illinois Tool Works Inc.

Arkema

SCIGRIP

Scott Bader

Lord Corporation

Cyberbond LLC

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Methyl Methacrylate Adhesive Market Analysis by Type:

Composites

Metals

Plastics

Others

Methyl Methacrylate Adhesive Market Analysis by Application:

Commercial Vehicle

Marine

Wind Energy

General Assembly

Others

Methyl Methacrylate Adhesive Market Analysis by Geography:

North America (USA, Canada, and Mexico)

Europe (Germany, UK, France, Italy, Russia, Spain, Rest of Europe)

Asia Pacific (China, India, Japan, South Korea, Australia, South-East Asia, Rest of Asia-Pacific)

Latin America (Brazil, Argentina, Peru, Chile, Rest of Latin America)

The Middle East and Africa (Saudi Arabia, UAE, Israel, South Africa, Rest of the Middle East and Africa)

Key questions answered in the report:

What is the expected growth of the Methyl Methacrylate Adhesive market between 2022 to 2027?

Which application and type segment holds the maximum share in the Global Methyl Methacrylate Adhesive market?

Which regional Methyl Methacrylate Adhesive market shows the highest growth CAGR between 2022 to 2027?

What are the opportunities and challenges currently faced by the Methyl Methacrylate Adhesive market?

Who are the leading market players and what are their Strengths, Weakness, Opportunities, and Threats (SWOT)?

What business strategies are the competitors considering to stay in the Methyl Methacrylate Adhesive market?

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DecisionDatabases.com is a global business research report provider, enriching decision-makers, and strategists with qualitative statistics. DecisionDatabases.com is proficient in providing syndicated research reports, customized research reports, company profiles, and industry databases across multiple domains. Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors. We provide intellectual, precise, and meaningful data at a lightning speed.

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#Methyl Methacrylate Adhesive Market #Methyl Methacrylate Adhesive Market Report #Methyl Methacrylate Adhesive Market Size

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instanttimetravelnut · 3 years

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The Methyl Methacrylate Market To Move Towards Constructive Advancements

Persistence Market Research delivers key insights on the global methyl methacrylate (MMA) market and highlights key information through structured market research. The report titled “Methyl Methacrylate Market: Global Industry Analysis 2013–2017 and Forecast, 2018–2028” analyzes the market and forecasts the future market scenario on the basis of production type, application, feedstock, and region.

The report reveals that the application of methyl methacrylate for the production of PMMA is projected to account for a major share of consumption (~50%) during the forecast period. The global methyl methacrylate market is pegged at approximately 3.9 Million Tons in terms of volume at present and is expected to expand with a CAGR of 3.4% to reach ~5.7 Million Tons by the end of 2028.

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Methyl Methacrylate is an essential substance for PMMA and many other polymers and thus, the global methyl methacrylate market is projected to register healthy growth over the forecast period

On the basis of production type, the methyl methacrylate market can be segmented into chemical synthesis and recycling & reclaiming MMA monomer. Chemical synthesis MMA is widely used around the globe in the production of paints and coatings, PMMA or acrylic sheet, adhesives & sealants in various end-use industries. While recycling and reclaiming MMA monomers are made from recyclable industrial PMMA scrap or end-of-life products, the chemical synthesis segment of the global methyl methacrylate market is estimated to account for more than 94% of the total absolute $ opportunity created over the forecast period.

Methyl methacrylate finds various applications in the production of a variety of products. The largest application of methyl methacrylate is in the production of PMMA, which accounts for approximately 50% of the consumption. PMMA is used in various end-use industries such as automotive and electronics for the manufacturing of automotive parts and components (windshields, lighting display and door strip, among others) and displays of electronic products (smartphone screens). The second largest application of methyl methacrylate is the production of a variety of paints, coatings, and inks such as automotive coatings, architectural and decorative paints and coatings. The industrial paints and coatings application of the methyl methacrylate market is estimated to account for more than 42% of the total incremental $ opportunity created over the forecast period.

A number of methods can be used for the production of methyl methacrylate – acetone cyanohydrin (ACH) based, ethylene based, acetone, HCN and methanol based and methyl formate based, amongst others. Manufacturers such as Evonik Industries are investing in commercializing alternative production methods to reduce the harmful effects of cyanide and the overall operation and production costs.

Geographically, East Asia is anticipated to be a lucrative region in the global methyl methacrylate market during the forecast period. The region is estimated to account for a prominent share in the global methyl methacrylate market and is expected to account for approximately 44% of the total absolute $ opportunity in the market over the forecast period. This can be attributed to the growing demand for PMMA from construction and automotive industries.

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Moreover, a small share of the demand is also expected to stem from textile and leather, paper and pulp, processing industries. North America and Europe are also projected to hold a significant share in the global methyl methacrylate market, owing to the rising use of plastic components to meet vehicle regulations such as reducing the weight of vehicle and emissions. The Middle East and Africa are estimated to account for a minimal share in the global methyl methacrylate market over the forecast period.

Company Profiles

Arkema Group

BASF SE

DowDuPont Inc.

Evonik Industries Ag

Sumitomo Chemical Co., Ltd.:

LG Chem

NIPPON SHOKUBAI CO., LTD.

Kowa India Pvt. Ltd.

Heilongjiang Zhongmeng Longxin Chemical Co., Ltd.

Shanghai Huayi Group Corp. Ltd.

Monómeros del Vallés S.L.

S.K. Panchal & Co.

Others.

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reportr · 3 years

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Acetone Market Overview, Growth Opportunities and Revenue Forecast till 2027

Market Overview:

Acetone is a clear, colorless, and volatile fluid with a sweet aroma. The major route for production acetone is by cumene peroxidation where phenol is obtained as a secondary product. The major application of acetone is in the production of acetone cyanohydrin for methyl methacrylate (MMA), bisphenol A (BPA). The other applications include heavy metal degreaser, cleaning tools and chemical peeling in pharmaceuticals, personal care, paints & coatings, plastics and construction end use industries. Acetone has characteristics such as high solvency and a high rate of evaporation which enable them to find their application in many everyday products including paints, cleaning fluids, nail polish remover, and adhesives

In the present scenario, direct solvent applications have a higher share in the global acetone market. MMA is having the second highest global market share followed by bisphenol A. The largest end use for MMA is PMMA (polymethyl methacrylate). PMMA resins are used to produce acrylic sheet and acrylic molding and extrusion compounds. These resins have major applications in the construction, automotive, and computer segments are now seen as key growth markets by polycarbonate manufacturers. The important positive impacting factors for acetone market growth are surge in global industrialization, increasing demand for personal care products, and increasing government investments in construction projects. Moreover, demand for acetone is anticipated to observe significant growth over the review period owing to increasing demand in plastics industry. Furthermore, rapid urbanization coupled with increasing disposable income in emerging economies is predicted to propel the growth of the market during the assessment period, 2017 to 2023.

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https://www.marketresearchfuture.com/reports/acetone-market-1033

Segmentation

The global acetone market is categorized on the basis of application, end use industry, and region. On the basis of application, the acetone market is categorized into methyl methacrylate, bisphenol A, and solvent. On the basis of end use industry, the market is segmented into pharmaceuticals, personal care, paints & coatings, plastics, construction and electrical & electronics. On the basis of region, the market is categorized into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

Regional Analysis

The worldwide Acetone Market comprises of five areas: Asia Pacific, Europe, Latin America, North America, and the Middle East and Africa. Among these, Asia Pacific is anticipated to develop with the most astounding CAGR amid the survey time frame, 2017 to 2023 by virtue of extending paints and coatings and construction industries. Rising white collar class populace and their increasing expenditure on enhancing the living standards for everyday comforts is required to increment more in the time frame, 2017 to 2023. The acetone market is anticipated to increment in various nations of the Asia Pacific, for example, China, India, Japan and Indonesia because of expanding urbanization and populace is expected to drive the market in the estimate time frame.

North American acetone market is anticipated to witness a huge development by virtue of high acetone consumption potential, expanding production capacities, and rising monetary development rate. Expanding interest for electrical and electronic appliances and pharmaceuticals are the elements driving the market. In Europe, the interest for acetone is anticipated to develop in different nations, such as, Italy, Germany, Spain, U.K, France, and Russia by virtue of expanding use in advancement in health care and cosmetic products and increasing purchasing power of consumers. In the Middle East, interest for construction and paints & coatings industries are boosting the acetone market in the review period. As acetone solvent is broadly utilized as an integral part in paints and coatings, it is foreseen to be the real driver in the assessment period. Latin American nations, such as, Argentina, Colombia, and Brazil are having political emergency in the rising economies of this area. Money related obligation in these nations has crossed their income which is the real restriction for the acetone market to develop in the forecast period.

Key Players

Some of the prominent players operating in the global acetone market are INEOS (Switzerland), The Royal Dutch Shell plc (the Netherlands), The Dow Chemical Company (U.S.), Cepsa (Spain), Mitsui Chemicals, Inc. (China), Altivia (U.S.), LCY GROUP (Taiwan) Formosa Chemicals & Fiber Corporation (China), Prasol Chemicals Pvt. Ltd. (India) and EMCO Limited (India) among others

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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elizasanchez · 3 years

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Impact Modifiers Market Predictable to Witness Sustainable Evolution Over 2027

The global impact modifiers market size is expected to reach USD 5,887.5 Million at a steady CAGR of 5.1% in 2028, according to latest analysis by Emergen Research. Steady market revenue growth of the global impact modifiers market can be attributed to surging demand for engineering plastics such as polycarbonates from the automotive industry. Engineering plastics enable reducing weight of automotive parts and provide more design freedom than metals. Impact modifiers are used to enhance impact performance of engineering plastics by imparting improved toughness, durability, and heat distortion temperatures.

The report is updated with the latest market scenario with regards to the corona virus (COVID-19) pandemic. The report offers a comprehensive overview of the impact of the pandemic on the key segments of the Impact Modifiers business sphere. The report covers the changes in market dynamics, trends, and financial disruptions. The study further offers an initial and future assessment of the impact of the pandemic on the world.

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Prominent Players Profiled in the Impact Modifiers Market:

Arkema SA, Formosa Plastics Corporation, Wacker Chemie AG, Dow Inc., LG Chem Ltd., Mitsubishi Chemical Corporation, Lanxess AG, Mitsui Chemicals, Kaneka Corporation, and Shandong Novista Chemicals Co. Ltd.

Global Impact Modifiers Market Scope and Size

The Impact Modifiers Market is further segmented into product types, application spectrum, end-user industries, and technology, among others. The analysis of the different segments offers a deeper insight into the different growth factors that are expected to drive the growth of the market.

Product Type Outlook (Revenue, USD Million; 2018–2028)

Acrylonitrile Butadiene Styrene (ABS)

Acrylonitrile Styrene Acrylate (ASA)

Acrylic

Methyl Methacrylate Butadiene Styrene (MBS)

Ethylene Propylene Diene Monomer (EPDM)

Chlorinated Polyethylene (CPE)

Glass Fiber

Others

Application Outlook (Revenue, USD Million; 2018–2028)

Polyvinyl Chloride (PVC)

Polyamide

Polyesters

Engineering Plastics

Others

Industry Vertical Outlook (Revenue, USD Million; 2018–2028)

Packaging

Consumer Goods

Building & Construction

Automotive

Pharmaceutical

Others

Regional Analysis:

The report provides an investigation of the global market in various geographical regions. The regional analysis states the global market is bifurcated into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The report also covers import export consumption, supply and demand ratio, cost, pricing analysis, gross margin, and revenue estimation of each player in each region. The report covers a detailed examination of the market scenarios and trends on a regional and global level.

Key geographical regions analyzed in the report:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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The following are the main reasons to buy the Global Impact Modifiers Market report:

The latest report closely evaluates the overall market size and infers on various aspects, such as the current business trends, market share, product offerings, and product share.

It offers a detailed account of the end-use applications of the products & services offered by this industry.

It offers an insightful analysis of the various regional segments of the market that are projected to witness enormous growth over the forecast period.

Furthermore, the report covers the latest developments taking place in the market and effective business strategies implemented by the leading market rivals.

Key Highlights of TOC:

Chapter 1: Methodology & Scope

Definition &forecast parameters

Methodology & forecast parameters

Data Sources Chapter 2: Detailed Summary

Regional trends

Business trends

Product trends

End-use trends Chapter 3: Industry Insights

Industry segmentation

Vendor matrix

Technological & innovation landscape Chapter 4: Regional Outlook

Chapter 5: Company Profile

Financial Data

Business Overview

SWOT Analysis

Strategic Outlook

Product Landscape

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Bioplastics Market@ https://www.emergenresearch.com/industry-report/bioplastics-market

Air Purifier Market@ https://www.emergenresearch.com/industry-report/air-purifier-market

Adhesives & Sealants Market@ https://www.emergenresearch.com/industry-report/adhesives-sealants-market

Plastic Waste Management Market@ https://www.emergenresearch.com/industry-report/plastic-waste-management-market

3D Printing Metal Market@ https://www.emergenresearch.com/industry-report/3d-printing-metal-market

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marketrevenueba · 3 years

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Methyl Methacrylate Market Suppliers,Growth, Competitive Analysis, Future Prospects and Forecast 2027

Increasing demand for Methyl Methacrylate in the online retailing business, coupled with high investments in R&D of Methyl Methacrylate, are fueling the market growth.

The Global Methyl Methacrylate Market is forecast to reach USD 12.73 Billion by 2027, according to a new report by Reports and Data. The Methyl Methacrylate is a clear, colorless, highly flammable, slightly water-soluble industrial and commercial chemical and a methyl ester of methacrylic acid. Methacrylic acid methyl ester is another trade name of this chemical compound. Methyl methacrylate are mostly used in the manufacturing of highly used Polymethyl Methacrylate (PMMA) surface coating & impact modifier for clear rigid polyvinyl chloride and are also widely utilized as an intermediate solvent chemical in the formulation of various chemical processing. The continuous expansion of the PMMA clear sheets, paint & coatings, adhesives, food packaging, mobile and computer casing and paper coating applications are expected to drive the demand throughout the forecast period. Direct & Intermediate solvent, chemical reagent, adherent, and other processing aids are some of its widely used end-usages.

Market Size – USD 7.93 Billion in 2018, Market Growth - CAGR of 5.3%, Market Trends – Increase in demand for Methyl Methacrylate in the polymethyl methacrylate (PMMA) production.

Asia Pacific region is forecasted to grow fastest with the highest growth rate of 6.1% in the period 2019 – 2027, owing to high market penetration in polymethyl methacrylate acrylic plastics and continuous expansion of the transparent acrylonitrile-butadiene-styrene (ABS) uses coupled with the extensive demand for the this chemical compound as a solvent and intermediate agent in various industry verticals, especially in the regions like India and China.

Top companies profiled in the report include:

Mitsubishi Chemical Holdings,

BASF SE,

Dow Chemical Company,

Evonik Industries AG,

Arkema S.A,

LG Chem Ltd.,

Nippon Shokubai Co., Ltd.,

Shanghai Huayi (Group) Company,

Kowa India Pvt. Ltd.,

and S.K. Panchal & Co.,

among others.

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Key questions addressed in the report:

What is the market size calculated to be by the end of the forecast period?

What is the CAGR of the Diphenylamine market expected to be by 2027?

What are the latest developments in the Diphenylamine sector?

What is the outcome of the COVID-19 impact analysis of the Diphenylamine global landscape?

Who are the leading players contributing significantly to the overall market?

What are the growth opportunities observed in the sector?

Which regions contribute the most to the overall market?

What are the prevalent strategic initiatives adopted by leading companies?

Which factors are expected to restrain market growth in the following years?

Which key trends are speculated to affect the future growth of the industry?

To know more about the report @ https://www.reportsanddata.com/report-detail/methyl-methacrylate-market

Regional Analysis covers:

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

Canada

Mexico

Germany

Italy

Rest of EU

India

China

Japan

South Korea

Rest of APAC

Brazil

Argentina

Rest of Latin America

Saudi Arabia

South Africa

UAE

Rest of MEA

Global Methyl Methacrylate Market Segmentation:

By End-Use:

Polymerization

Chemical Intermediate

Others

By Applications:

Polymethyl Methacrylate

Adhesive & Sealants

Paints & Coatings

PVC Impact Modifiers

Others

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#Methyl Methacrylate Market Methyl Methacrylate Industry Methyl Methacrylate Market size Methyl Methacrylate Market share Methyl Methacrylate

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sramfact · 2 years

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The market size of MMA adhesives is estimated at USD 1.09 billion in 2018 and is projected to reach USD 1.56 billion by 2023, at a CAGR of 7.5%. The increasing demand for lightweight, crash-resistant, and fuel-efficient vehicles; growing demand in the automotive and marine industries, superior quality and performance of MMA adhesives, and increasing awareness about the advantages of adhesives over conventional techniques are driving the MMA adhesives market, globally. Companies are developing primer-less MMA adhesives. These adhesives require minimal surface cleaning of the substrates to be bonded and exhibit high toughness in all assembled parts with high gap-filling capabilities.

Key players in the MMA adhesives market:

#Methyl Methacrylate Adhesives Market #Covid-19 Impact on Methyl Methacrylate Adhesives Market #Methyl Methacrylate Adhesives #MMA Adhesives market #global MMA adhesives market #MMA adhesives market Drivers #Methyl Methacrylate Adhesives Market Size #Methyl Methacrylate Adhesives Demand #Methyl Methacrylate Adhesives Sales

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chemanalyst · 3 years

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Global Acetone Market to Grow at a CAGR of 5.65% by 2030 | ChemAnalyst

According to ChemAnalyst report, “Global Acetone Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, global Acetone market has shown tremendous growth in the past five years and is anticipated to achieve a CAGR of 5.65% during the forecast period. Increasing demand of biodegradable, environmentally friendly and non-toxic materials from consumers is anticipated to increase the demand of acetone due to its eco-friendly and less toxic properties. Being one of the major commodities of organic chemicals, the supply of acetone is limited whereas, the market value of acetone is always high due to the high demand of terminal disinfectants, cleaner for paints, adhesives, coatings and other cosmetic uses.

Get more information: https://www.chemanalyst.com/industry-report/acetone-market-272

Acetone (CH3)2CO is an organic compound which is colourless and volatile in nature. The most commonly used industrial method for the manufacturing of Acetone is cumene process. In this process, either solid phosphoric acid or anhydrous aluminium chloride is used as a catalyst to produce acetone from benzene and propylene. Acetone can be further oxidized to yield commercially important intermediates such as Bisphenol A (BPA): It is widely utilized in the production of polycarbonates, food containers and other hygienic products; Methyl Methacrylate (MMA): It has numerous commercial and Industrial applications including acrylic paints, adhesives, coatings, lenses, rear lights and medical procedures; Solvents: Acetone is a considerable solvent used in pharmaceutical and cosmetic industries.

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Acetone has a wide range of applications such as pharmaceuticals, cosmetics, paints, adhesives, and coatings. It is exclusively used as a solvent for the manufacturing of polycarbonate plastics and artificial fibres. The chain of solvents holds the largest market share and continuous growing expanse of solvents across the globe is likely to propel the growth of the global acetone market during the forecast period. The rise in the demand from major end user i.e., automotive sector is projected to drive the global acetone market in the upcoming years. Other major end user industries include cosmetics and healthcare, electronics, paints, adhesives, and others. As the supply of acetone is scarce, the cost is acetone is usually high which will benefit the global acetone market economically.

Global economic slowdown due to COVID 19 impacted the manufacturing industries during the first half of 2020. Industries were lacking the feedstock due to supply chain disruption and global plant outages initially in 2020. This caused the sudden decline in production and sales, which affected the acetone market worldwide. The COVID-19 hampered the sales of paints, coatings and cosmetics as the sectors were shut due to the lockdown.

Region wise, Asia Pacific has emerged to be the largest consumer of Acetone followed by North America and Europe. China has the largest production of paints, coatings, and adhesives in the world. Due to increased construction and infrastructure activities in China, it is expected to witness a boost in the demand of acetone in the country followed by Thailand. Manufacturing units in India is likely to propel the Acetone industry due to increased demand of acetone in the pharmaceutical sector.

According to ChemAnalyst report, Global Acetone Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Application, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, some of the major players operating in global Acetone market are Formosa Chemicals and Fibre Corporation, Royal Dutch Shell plc, Mitsui Chemicals, Inc., INEOS, Borealis AG.

“Being linked to the downstream application such as pharmaceutical and cosmetic etc, the global Acetone Industry has shown a robust growth alongside growing population and changing consumer preference. It is forecasted that India is going to become the world's fifth largest consumer market by 2025. In addition, growing per capita income globally poised a stronger outlook to the country’s acetone demand. The nationwide lockdown affected the supply chain logistics and caused immediate shortage of raw materials hence increased the prices of Acetone. Meanwhile, China serves as the key growth region as well with sufficiently installed capacities. With new competitors emerging across the Asian acetone market, it is extremely important to keep an eye which region will grab the biggest market share in the upcoming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.

Browse Related Report

Global Benzene Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Application, Technology, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030

https://www.chemanalyst.com/industry-report/benzene-market-56

United States Phenol Market Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End User Industries, Distribution Channel, Region-Wise Demand, Import & Export, 2015-2030

https://www.chemanalyst.com/industry-report/usa-phenol-market-107

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ChemAnalyst also provides market analysis for more than 1000+ chemical commodities such as Production, Demand, Supply, Plant Operating Rate, Imports, Exports, Suppliers, Customers and much more. The company has created online interactive dashboard in which customers can access all this data instantly with a click of a button. The users will not only be able to analyse historical data for past years but will also get to analyse short term and long-term forecasts for coming years. With the access to local field teams, the company can provide high quality reliable market analysis data for more than 20 countries.

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#acetone #acetonemarket #acetonereport #acetonemarketsize #acetonemarketshare #acetonemarketanalysis #acetonemarketforecast #acetonemarkettrends #acetonemarketgrowth #acetonedemand #acetonemarketprice #acetonemarketscope #acetoneproduction #acetonemarketsurvey

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deepestarbiterwasteland · 3 years

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Acetone Market – Share ,Size Market Drivers, Restraints, Potential Growth Opportunities, Product Size, Market Production, Regional Trends, Sales Revenue and Forecast 2027

Regional Analysis

The worldwide acetone market comprises of five areas: Asia Pacific, Europe, Latin America, North America, and the Middle East and Africa. Among these, Asia Pacific is anticipated to develop with the most astounding CAGR amid the survey time frame, 2017 to 2023 by virtue of extending paints and coatings and construction industries. Rising white collar class populace and their increasing expenditure on enhancing the living standards for everyday comforts is required to increment more in the time frame, 2017 to 2023. The acetone market is anticipated to increment in various nations of the Asia Pacific, for example, China, India, Japan and Indonesia because of expanding urbanization and populace is expected to drive the market in the estimate time frame.

North American acetone market share is anticipated to witness a huge development by virtue of high acetone consumption potential, expanding production capacities, and rising monetary development rate. Expanding interest for electrical and electronic appliances and pharmaceuticals are the elements driving the market. In Europe, the interest for acetone is anticipated to develop in different nations, such as, Italy, Germany, Spain, U.K, France, and Russia by virtue of expanding use in advancement in health care and cosmetic products and increasing purchasing power of consumers. In the Middle East, interest for construction and paints & coatings industries are boosting the acetone market in the review period. As acetone solvent is broadly utilized as an integral part in paints and coatings, it is foreseen to be the real driver in the assessment period. Latin American nations, such as, Argentina, Colombia, and Brazil are having political emergency in the rising economies of this area. Money related obligation in these nations has crossed their income which is the real restriction for the acetone market to develop in the forecast period.

Key Players

Market Overview:

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Segmentation

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

#Acetone Market #Global Acetone Market #Acetone Industry

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eleanorening-blog · 6 years

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Global 2-Ethylhexyl Methacrylate (2-EHMA) Sales Market Report 2018 - Market Forecast

The 2-Ethylhexyl Methacrylate (2-EHMA) Market Research report clarifies the past experience and trends, on the basis of these past experiences, it offers the future prediction considering other factors influencing the growth rate. This worldwide report offers the detailed analysis of the important factors such as market dynamics (DROT), PEST, and PORTER which assists the growth of the 2-Ethylhexyl Methacrylate (2-EHMA) Industry. These past experience and factors assist to build the strategy and future planning of 2-Ethylhexyl Methacrylate (2-EHMA) Market and hold a place in the competitive world.

The 2-Ethylhexyl Methacrylate (2-EHMA) industry Market report offers the competitive scenario in the 2-Ethylhexyl Methacrylate (2-EHMA) industry based on the type of product, applications, and the companies that are present in the 2-Ethylhexyl Methacrylate (2-EHMA) market, and covers the company profiles, their development policies, lined up products and recent launched along with the SWOT analysis of companies.

To get a complete report sample from this link: http://www.qyresearchglobal.com/goods-1682690.html

This report studies the global 2-Ethylhexyl Methacrylate (2-EHMA) market status and forecast, categorizes the global 2-Ethylhexyl Methacrylate (2-EHMA) market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America). 2-Ethylhexyl methacrylate (2-EHMA), is a main methacrylic ester and polymerizable monomer. 2-EHMA is produced for the use as a building block to make a wide range of polymer based products that we see and use every day from paints and coatings, toners and inks, oil additives to dental and medical products to name but a few. 2-EHMA is of low concern to human health and the environment. It is classified as hazardous (skin irritant and sensitizing) but has been handled safely by industry and professionals for over 60 years.

2-Ethylhexyl methacrylate, a colorless transparent liquid, is mainly manufactured by methacrylic acid or methyl methacrylate reacting with 2-ethylhexanol. Due to its outstanding performances, 2-Ethylhexyl methacrylate is widely used in many industries, such as paints and coatings, adhesive and sealants, fiber treatment agent industry and so on.

Among those applications, paints and coatings is the largest consumption field, which contributed 51.88% share in 2015.

According to its manufacturing process, 2-ethylhexyl methacrylate can be got from methacrylic acid esterification or methyl methacrylate transesterification. Since price of methacrylic acid is higher than that of methyl methacrylate, 2-EHMA manufacturers prefer to adopt methyl methacrylate transesterification method to produce 2-EHMA.

The global 2-Ethylhexyl Methacrylate (2-EHMA) market is valued at 80 million US$ in 2017 and will reach 80 million US$ by the end of 2025, growing at a CAGR of 0.1% during 2018-2025. The major players covered in this report Mitsubishi Rayon Evonik NOF Corporation BASF Group MITSUBISHI GAS CHEMICAL Kyoeisha Chemical Fushun Anxin Chemical Shanghai Hechuang Chemical Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering United States Europe China Japan Southeast Asia India

The study objectives of this report are:

To study and analyze the global 2-Ethylhexyl Methacrylate (2-EHMA) market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.

To understand the structure of 2-Ethylhexyl Methacrylate (2-EHMA) market by identifying its various subsegments.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Focuses on the key global 2-Ethylhexyl Methacrylate (2-EHMA) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the 2-Ethylhexyl Methacrylate (2-EHMA) with respect to individual growth trends, future prospects, and their contribution to the total market.

To project the value and volume of 2-Ethylhexyl Methacrylate (2-EHMA) submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

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#2-Ethylhexyl Methacrylate (2-EHMA)#global #market research report #2018

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reportr · 3 years

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Industrial Adhesives Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027

Henkel AG & Co. KGaA, H.B. Fuller, The Dow Chemical Company, Sika AG, Cytec Industries Inc, Hitachi Chemical Co, Avery Dennison, Bostik SA, RPM international Inc, and Wacker Chemie AG are some of the prominent players at the forefront of competition in the Global Industrial Adhesive Market and are profiled in MRFR Analysis.

Industrial Adhesive Market – Market Overview

Industrial Adhesives are increasingly used as an alternative to mechanical fastening, welding and other joining methods. Using Industrial Adhesives business are able achieve optimized manufacturing processes & design options. With the emerging technologies. Owing to the efficacy Industrial Adhesives demonstrates, it is widely used across a diverse range of industrial sectors. Based on the industries and its use, Industrial Adhesives have been bifurcated such as Automotive Adhesives, Medical Device Adhesives, and Packaging Adhesives etc.

Industrial Adhesives enjoy increasing popularity and does the Industrial Adhesives Market enjoy an extensive traction. The Industrial Adhesive is accruing rapidly on the global platform mainly due to the burgeoning industries like Automotive, Packaging, Healthcare and manufacturing.

Accrediting the colossal growth the Industrial Adhesive Market is witnessing currently and the potential the market is demonstrating to accrue pervasively further in the years to come; the Market Research Future has recently published a meticulous study report giving out the complete market insight up till 2022. According to which, continuing with the same trends the global Industrial Adhesive Market is projected to perceive an outstanding growth by 2022 registering a striking CAGR during the anticipated period (2017 – 2022).

Access Complete Report @

https://www.marketresearchfuture.com/reports/industrial-adhesive-market-1927

The Global Industrial Adhesive Market is predominantly driven by the burgeoning automotive market. Leverage to the heightened demand for light weight vehicles (as an alternative to mechanical fastening, welding and other joining methods) and the emergence of Electrical Vehicles (EVs) where Industrial Adhesive is extensively used for Vehicle components and systems adhesion, including surface treatment, magnet bonding, NVH, impregnation and sealing and gasketing. Apart from these mentioned application areas, Industrial Adhesive is also exclusively used in Electrical/ Electronic Application Areas of an automobile such as Sensors, Cabin Devices, Electronic Control Module just to name a few. Asia Pacific is dominant market for industrial Adhesives attributing to the growing Automotive and Construction industries of APAC owing to the increasing population, improving economy and growing civilization etc. In APAC, specifically, India and China is supporting the Industrial Adhesive Market growth largely.

Additionally, Packaging industry and Medical Equipment (Healthcare) Industry is fostering the Industrial Adhesive Market growth globally. Evidently technological advancements transpired in to the Industrial Adhesive Market coupled with the key players operating in the market who are constantly investing significant amounts in to R&D activities are providing impetus to the Industrial Adhesive Market growth.

On the other hand, stringent environmental regulations pertaining to VOC emissions coupled with the economic slowdown in Europe and some other regions or economies might pose challenges to the market growth during the forecasting period. Moreover, price volatility and turmoil in supply of one of the main feedstock - industrial crude oil is expected to affect demand in forecasted period. However, advent of eco-friendly, VOC free Water Based Adhesives which is rapidly replacing the Solvent Based Industrial Adhesives coupled with the increasing urbanization and infrastructure investment suggest that the growth in urbanization and increase in infrastructure investment will fuel the Industrial Adhesive Market growth, escorting the market to greater heights.

Industrial Adhesive Market – Competitive Analysis

Industrial Adhesive Market appears to be highly fragmented and competitive owning to the presence of numerous large and small players active in regional market. The key strategies traced from the analysis of recent developments of the key players include Product Launch, Agreement & Partnership, Acquisition and expansion. Strategic partnerships between Key players support the growth and expansion plans of the key players during the forecast period. On the product and sales side, companies are investing in innovation/R&D, brand building, and fostering strong relationships with customers to support their competitive position.

Manufacturers operating in the market strive to deliver innovative solutions that improve the design and manufacturing processes of business around the world. Focusing upon the competitive edge, Industrial Adhesive manufacturers strive to develop products that can deliver optimal adhesion, convenience and reliability. Utilizing their international and regional presence, these manufacturers assure their customers with the consistency in product & service quality. Manufacturers strive to develop their product portfolio with a wide range of Industrial Adhesives for every application.

Industry/ Innovation/ Related News:

July 18, 2017 - H.B. Fuller Company (US based with the global presence) one of the global adhesives provider acquired Adecol Ind. the largest manufacturer of industrial adhesives and adhesive technologies in Brazil.

December 01, 2017 - DELO Industrial Adhesives expanded its product range by introducing a new potting compound for automotive and power electronics. The new product - DELO-DUOPOX CR8031 protects electronic components such as sensors even at high temperatures and is easy to handle. The two-component epoxy resin shows good adhesion to various plastics such as PA or ABS. Even with PE, a compression shear strength of 20 MPa was reached after plasma pre-treatment, although this cheap and resistant plastics is difficult to bond due to its low surface energy.

Jan. 27, 2017 - H.B. Fuller Company announced that, it has purchased (acquired) the industrial adhesives business of Wisdom Worldwide Adhesives, a provider of adhesives for the packaging, paper converting, and assembly markets.

Sept. 04, 2017 – H.B. Fuller Company announced that it has signed an agreement to purchase Royal Adhesives & Sealants, a leading manufacturer of high-value specialty adhesives and sealants.

April 21, 2017 –SikaCorporation, a supplier of innovative adhesive and sealant solutions, announced the launch of SikaFast-3300 and SikaFast-3500 Structural methyl methacrylate (MMA) adhesives for transportation and industrial assembly applications.

Industrial Adhesive Market – Segments

For the convenience of the report and enhanced understanding; The Industrial Adhesive Market is segmented in to 3key dynamics.

Segmentation by Application: Comprises automobile, construction, electronics and electrical, personal utilities, Medical devices.

Segmentation by Types: Comprises Acrylic, Polyvinyl Acetate, Epoxy, Polyurethane and Ethyl Vinyl Acetate and other.

Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

Industrial Adhesive Market – Regional Analysis

Industrial Adhesive dominates in APAC region due to growing manufacturing sector and cheap labour cost. North America and Europe market for Industrial Adhesive are expected witness a sluggish growth, followed by RoW.

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