Specialty methacrylate monomers and oligomers are used to improve the functionality and performance of end products. Specialty methacrylates are used in applications ranging from chemical intermediates to composites, adhesives & sealants, elastomers, and more. In addition, these monomers impart a variety of key performance characteristics, including heat resistance, chemical resistance, and adhesion. Methacrylate oligomers provide hardness, chemical resistance, and other properties critical to coatings and adhesives.
Meticulous Research, in its latest publication on the Specialty Methacrylates Market, states that the market will increase at a CAGR of 4.1% from 2021 to 2028 to reach $2.91 billion by 2028.
The growth of this market is mainly attributed to the rising demand for lightweight vehicle parts & low carbon-emitting vehicles; increasing R&D into specialty methacrylates for various applications; increasing demand for specialty methacrylates in the construction, packaging, and paper industries; and growing focus on sustainable low-VOC products. However, volatile raw material prices are expected to restrain the growth of this market to some extent. In addition, the rising focus on bio-based methacrylate monomers and untapped markets in emerging economies are expected to hold significant opportunities for various stakeholders in this market. Also, supply chain shortages are expected to pose major challenges for the market’s growth.
To provide efficient analysis, Meticulous Research® has segmented this market based on derivative (1, 4 butylene glycol dimethacrylate, Benzyl methacrylate, Methoxy (PEG)-Methacrylate, Lauryl Methacrylate, Tridecyl methacrylate, Methacrylic ester 13.0, Triethyleneglycol dimethacrylate, Polyethylene glycol dimethacrylate, Diethylene glycol dimethacrylate, Iso-Decyl methacrylate, Ethylene glycol dimethylacrylate, 1,3 butylene glycol dimethacrylate, Trimethylolpropane trimethacrylate, Cyclohexyl Methacrylate, 2-Ethylhexyl Methacrylate, Stearyl methacrylate, Tetrahydrofurfuryl methacrylate, Isobornyl methacrylate, Neopentyl glycol dimethacrylate, BPA(EO)N Dimethacrylate, 1,6-Hexanediol dimethacrylate, 3,3,5- Trimethylcyclohexyl methacrylate, and Tetraethylene glycol dimethacrylate), application (paints & coatings, adhesives & sealants, waterproofing membrane, special plastics, electrical insulation, water treatment, construction, paper & packaging, health & personal care, oil & gas, additives, textile auxiliaries, electronics, and other applications), end user (automotive & transportation, architecture and construction, chemical and plastics industry, packaging and paper, paint, coatings, and adhesives, advertisement & communication, electronics, and other end users), and geography.
Based on derivaties, Lauryl Methacrylates segment is estimated to account for the largest share of the specialty methacrylates market. The large share of this segment is mainly attributed to its widening applications in floor waxes, textiles, coating, adhesives, & sealants and its rising demand from the growing construction, textile, automotive, paper & packaging, and consumer goods industries.
Based on application, the paints & coatings segment is estimated to account for the largest share of the specialty methacrylates market in 2021. The large share of this segment is mainly due to its growing demand for enhanced industrial paints and coatings with growing manufacturing industries such as automotive, electrical & electronics, and other commercial industries.
Enquire For More Insights : https://www.meticulousresearch.com/enquire-before-buying/cp_id=5027
Based on end user, the paint, coatings, and adhesives segment is estimated to account for the largest share of the specialty methacrylates market. The growth of this segment is mainly due to the higher penetration of paint, coatings, and adhesives in the construction, industrial manufacturing, and paper & packaging industry.
Geographicaly, Asia-Pacific region is expected to account for the largest share of the specialty methacrylates market in 2021. The large share of this region is mainly attributed to the rapid growth in industrialization & infrastructural development, rising private & government investment in these sectors, and significantly growing automotive & construction sectors. However, in terms of value, the Latin America region is expected to grow at the highest CAGR during the forecast period.
Scope of the Report
Specialty Methacrylate Market, by Derivative
1,4 Butylene Glycol Dimethacrylates
Methoxy PEG Methacrylates
Methoxy PEG 550 Methacrylate
Methoxy PEG 350 Methacrylates
Methacrylic Ester 13.0
Polyethylene Glycol Dimethacrylates
Polyethylene Glycol 200 Dimethacrylates (PEGDMA 200)
Polyethylene Glycol 400 Dimethacrylates (PEGDMA 400)
Polyethylene Glycol 600 Dimethacrylates (PEGDMA 600)
Other Polyethylene Glycol Dimethacrylate Derivatives
Diethylene Glycol Dimethacrylates
Ethylene Glycol Dimethacrylates
1,3 Butylene Glycol Dimethacrylates
Neopentyl Glycol Dimethacrylate
BPA(EO)N Di Methacrylate
3,3,5 Trimethyl Cyclohexyl Methacrylate
Tetraethylene Glycol Dimethacrylate
Specialty Methacrylate Market, by Application
Paints & Coatings
Adhesives & Sealants
Other Special Plastics
Paper & Packaging
Health & Personal Care
Oil & Gas
Specialty Methacrylate Market, by End User
Paint, Coatings, and Adhesives Industry
Architecture and Construction Industry
Chemical and Plastics Industry
Packaging and Paper Industry
Automotive & Transportation Industry
Advertisement & Communication Industry
Other End Users……To be continue
Download Sample Report Copy Here : https://www.meticulousresearch.com/download-sample-report/cp_id=5027
The key players operating in the specialty methacrylates market are Evonik Industries AG (Germany), BASF SE (Germany), Mitsubishi Chemical Holdings Corporation (Japan), Nippon Shokubai Co. Ltd. (Japan), Arkema Group (France), Showa Denko Materials Co., Ltd. (Japan), Merck KGaA (Germany), Miwon Specialty Chemical Co., Ltd. (South Korea), Fushun Donglian Anxin Chemical Co., Ltd. (China), Kyoeisha Chemical Co., Ltd. (Japan), Shin Nakamura Chemical Co., Ltd. (Japan), and CPS Performance Materials Corp. (U.S.).
Our Latest Reports :
Activated Alumina Market by Function (Adsorption, Catalysis, Desiccation), Form (Beads, Powder), and Application (Water Treatment, Oil & Gas, Chemicals, Healthcare) – Forecast to 2028
Green Chemical Market by Type (Bioethanol, Sugar and Starch, Animal Fats, Vegetable Oils), Application (Healthcare, Food Processing, Construction, Automobiles), and Region – Global Forecast to 2025
About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.
Company Name: Meticulous Market Research Pvt Ltd
Contact Person: Khushal Bombe
Email: Send Email
Phone: +1 646-781-8004
Address:1267 Willis St, Ste 200 Redding, California, 96001, U.S.
Country: United States