openPR Logo
Press release

Methacrylic Acid Sales Forecasts Reveal Positive Growth Through 2021

Methacrylic Acid Sales Forecasts Reveal Positive Growth

Methacrylic acid (MAA) is a colorless, viscous organic compound having an unpleasant odor. It is a carboxylic acid which is water soluble and mixable with organic solvents. MAA is industrially manufactured on a large scale as a precursor to its esters, specifically polymethyl methacrylate (PMMA) and methyl methacrylate(MMA). MAA is used in an extensive range of applications, most notably in the production of polymers with trade names such as Plexiglas and Lucite. MAA is manufactured in different conditions. In one route, tert-butanol or isobutylene is oxidized to methacrolein to give methacrylic acid. For this purpose, methacrolein can be obtained from ethylene and formaldehyde. Isobutyric acid can also be dehydrogenated to methacrylic acid. In the second route, acetone cyanohydrin is converted to meth acrylamide sulfate using sulfuric acid, which then hydrolyzed to MAA.

Request Sample Report@ https://www.persistencemarketresearch.com/samples/4325

The global market for MAA is anticipated to be driven by the growth in end-user industries such as construction, automobiles, and electronics, where MAA is significantly consumed in light panels, windows, facades, TV display panels, coatings and emulsions amongst various others applications. In addition, technological advancement, coupled with a wide range of broadening applications of MAA is also expected to contribute towards the growth of the market. Key players have entered into several collaborations and agreements with other companies for the marketing of new products as well as garnering a larger share in the market. Manufacturers are focused towards developing bio-based solutions for MAA owing to fluctuating petrochemical raw material prices and frequent supply bottlenecks.Among the regions, Asia-Pacific accounted for the largest market share for MAA and is also expected to be the fastest growing segment over the forecast period. It was followed by Europe which has been witnessing moderate growth on account of Eurozone crises and economic fluctuations in the region. Latin American countries such as Brazil is all set to host the Olympics in 2016 which have been majorly prompting the growth of construction activities in the country, thereby driving the market for MAA in Central and South America (CASA) over the next few years.

Among the applications, electronics are anticipated to be the fastest growing segment, with rising disposable incomes in developing and emerging economies being one of the major factors driving the demand for electronic equipment and further demand for MAA. Moreover, energy efficient and lightweight properties of MAA have contributed significantly to its improving demand in various industries such as transportation and automotive. Demand for lightweight vehicles with lower emissions and better efficiency has witnessed a noticeable boost on account of stringent regulatory laws executed in Western Europe and North America.

Growing consumption from major end-use applications such as electronics, signs and displays, and automotive industries is expected to significantly boost the global demand for MAA. These industrial sectors are witnessing rapid growth in Europe, Asia Pacific, and other regions, thus fuelling the demand for MAA. However, volatile raw material prices of petrochemicals are expected to slow down the growth of the market. Focus towards developing bio-based MAA is expected to catch up in the near future owing to their eco-friendly characteristics and secure raw material supply, providing new opportunities for the growth of the market.

Request TOC@ https://www.persistencemarketresearch.com/methodology/4325

Asahi Kasei Corporation, Chi Mei Corporation, Evonik Industries AG, Mitsubishi Rayon Group, and The Dow Chemical Company are some of the major manufacturers of MAA dominating the industry.

ABOUT US:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

CONTACT:
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Methacrylic Acid Sales Forecasts Reveal Positive Growth Through 2021 here

News-ID: 1474318 • Views: 138

More Releases from Persistence Market Research

Propylene Glycol Ether Market | Share, Growth, Analysis, Testing and Forecast 20 …
Used in printing inks, coatings, cleaning applications, and for flow regulation and coalescence propylene glycol ether is estimated to be getting significant traction in several end-use industries owing to its superior qualities. Propylene Glycol Ethers (PGE) are organic compounds produced from the reaction of propylene oxide and alcohols and are being used by resin manufacturers, coating formulators and coating applicators for the manufacturing of protective coatings for application in automotive,
Propylene Glycol Methyl Ether Acetate Market to Remain Lucrative During 2018-202 …
A P-type glycol ether derivative, Propylene Glycol Methyl Ether Acetate (PGMEA) is used widely used as a solvent and surface adherent in semiconductor and electronics industry—in the form of inks, coatings and cleaners. As per a recent market outlook by Persistence Market Research, the global Propylene Glycol Methyl Ether Acetate market is estimated register a slow-moving CAGR of 3.8% between 2018 and 2026, touching a market valuation of US$ 511.2
Plastic Waste Management Market | Share, Growth, Analysis, Industry and Forecast …
The plastic waste management market is driven by benevolence of people regarding the hazards of plastic. Also, people have realized the importance of managing plastic waste already generated. Therefore, the people are looking towards usage of recycled plastic in place of one-time use plastic. PMR states that the global plastic waste management market will witness a CAGR of more than 3.5% between 2020 and 2030. Get Sample Copy Of This Report@
Thermal Insulation Material Market to Record Sturdy Growth by 2020
With the rapid development of the construction industry all over the world, there is a steady demand for thermal insulation materials globally and this is a major factor boosting the growth of the global thermal insulation material market. In addition, various initiatives of the government all across the world in the field of energy conservation in buildings also aid the development of thermal insulation material market. These are some of

All 5 Releases


More Releases for MAA

Methacrylic Acid Market (MAA) Report 2018-2023: Business Overview, Challenges, O …
The Methacrylic Acid Market revenue was xx.xx Million USD in 2014, grew to xx.xx Million USD in 2018, and will reach xx.xx Million USD in 2024, with a CAGR of x.x% during 2019-2024. Based on the Methacrylic Acid industrial chain, this report mainly elaborates the definition, types, applications and major players of Methacrylic Acid market in details. Deep analysis about market status (2014-2019), enterprise competition pattern, advantages and disadvantages of
2025 Analysis on PVC Laminated Panel Market Report Forecast By key players Winpl …
Up Market Research offers a latest published report on “Global PVC Laminated Panel Market Research Report 2019” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 108 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Request Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/62012 PVC Laminated Panel Market research report delivers a close
PVC Wall Panels & PVC Wall Papers 2019 Global Market Key Players – MAA Group, …
WiseGuyRerports.com Presents “Global PVC Wall Panels & PVC Wall Papers Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” New Document to its Studies Database PVC Wall Panels are a kind of popular wall decoration material recently. PVC Wall Panels present warm colors and are generally used in office buildings, airports, hotels, shopping malls, hospitals, school bathing centers, and other commercial applications. While they are rarely used in the
Methacrylic Acid (MaA) Market Cost Analysis, Strategy and Growth Factor Report | …
A report added to the rich database of Qurate Business Intelligence, titled “Methacrylic Acid (MaA) Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis and Forecast 2019 to 2023”, provides a 360-degree overview of the Global market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects
PVC Wall Panels Market Insights Forecast to 2025 by Key Players Like MAA Group, …
This report researches the worldwide PVC Wall Panels market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions. This study categorizes the global PVC Wall Panels breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five
Global PVC Wall Panels & PVC Wall Papers Market Analysis 2018-2025 by Top Compan …
Qyresearchreports include new market research report “Global PVC Wall Panels & PVC Wall Papers Sales Market Report 2018” to its huge collection of research reports. PVC Wall Panels are a kind of popular wall decoration material recently. PVC Wall Panels present warm colors and are generally used in office buildings, airports, hotels, shopping malls, hospitals, school bathing centers, and other commercial applications. While they are rarely used in the living room