Methacrylic Acid Market 2020 Worth Size Value Growth Trends Forecast Outlook Scope Overview Industry Statistics | LG, Mitsubishi Chemical, MGC, Kuraray

The research study covers the current scenario and growth prospects of the Methacrylic Acid market (2020-2025) according to the analysis . This study includes a extensive analysis of the key segments of the industry and also the regional analysis that are taken place throughout the country.

Global Methacrylic Acid Market Overview:

The report also reveals in-depth details of shifting market dynamics, pricing structures, trends, restraints, limitations, demand-supply variations, growth-boosting factors, and market variations that have been considered the most important factors in the Methacrylic Acid market.

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 industrial on a large scale as a precursor to its esters, specifically polymethyl methacrylate (PMMA) and methyl methacrylate(MMA). MAA is used in a wide range of applications, most particularly 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.

The global market for MAA is expected to be lashed by the rise in end-user businesses such as construction, automobiles, and electronics, where MAA is knowingly expended in light panels, windows, facades, TV display panels, coatings and emulsions amongst various others applications. In addition, technical advancement, coupled with a wide range of expansion applications of MAA is also predictable to subsidize towards the growth of the market. Key players have entered into several associations 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 emerging bio-based solutions for MAA due to fluctuating petrochemical raw material prices and frequent supply bottle necks. Among the regions, Asia-Pacific accounted for the largest market share for MAA and is also probable to be the fastest rising segment over the upcoming year.

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Market Key Players

The Methacrylic Acid market is highly competitive owing to the presence of several large and small vendors. According to the Methacrylic Acid market analysis research report, the level of competition among the players in this marketspace is intense and the vendors mainly compete based on factors such as price, user-friendly interface, value-added benefits, and service benefits. To attain a competitive advantage over the other players in the Methacrylic Acid service market, the vendors have the need to develop new ideas and technologies and they should also integrate new technologies in their product portfolio.

Mitsubishi Chemical

MGC

Kuraray

LG

Dow…more

Segmentations

The Methacrylic Acid market has been sub-grouped into type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.

Product Type Segmentation

Acetone Cyanohydrin Method

Isobutylene Oxidation Method

Industry Segmentation

Ester Synthesis

Coating Field

Adhesive Field

Textile Field

Regional Segmentation

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)


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Global Industry News:

LG : LG ELECTRONICS LAUNCHES HEALTH & HYGIENE DRIVE ACROSS ITS BRAND SHOPS CONSIDERING PANDEMIC COVID-19

MARCH 19, 2020: LG Electronics, India’s leading consumer durable major has put together guidelines for its Brand Shops across India to help maintain health and hygiene standards taking in view of current pandemic COVID19. The guidelines include mandatory use of masks and hand sanitizers by the staff as well as product and store cleaning every hour. There are hand sanitizers kept in the store for customers as well, in addition to the staff being advised to exercise social-distancing like avoiding handshakes, with the customers present. Through these efforts, LG hopes to keep people safe & healthy.

Commenting on the initiative, Mr. Vijay Babu, -VP-Home Appliances, LG Electronics India said “As a brand, LG has always been known for encouraging a lifestyle emphasizing health and hygiene for all its customers which is imperative in current scenario. India is still at an initial stage in fighting the Coronavirus which has become a global pandemic. Our measures have been specially designed keeping in mind the well-being of our customers across India.”





With the rise in the confirmed cases for Covid-19 in India, the WHO (World Health Organization) and the Indian Government is emphasizing various social-distancing and hygiene standards among the current population in order to combat the pandemic. LG’s efforts to combat the virus by keeping its stores clean and implementing social-distancing training for its staff ensures that it adheres to the Government’s advice while also continuing to provide excellent service to its customers.

LG has launched various innovative technologies which enhances health & hygiene like True Steam technology in washing machines which provides 99.99% Germ free & allergen free environment. LG air conditioners with in built Air purifier help purifying the indoor air from outdoor dust, pollen, pet dander, particulate matter, smoke, smog odor and so on. LG AC with double filtaration ensures that air inside your home is free of various harmful particles such as hair, dust mites, pollen, fungi spores, bacteria, exhaust fumes and smoke. In LG’s water purifier first of its kind Digital Sterilizing Care™ provides most hygienic method to sterilize the entire water path, faucet, and tank with unique sterilizing kit that does not use any harmful chemical. Thanks to the LG water purifier’s Dual Protection Stainless Steel Water Tank™, the growth of bacteria and algae is dramatically reduced compared to a conventional plastic tank. LG Refrigerators that comes with Hygiene Fresh+ feature involves 5 step air-purifying system that not only removes bacteria up to 99.999%*, but also minimizes bad odor in the refrigerator. Not just this, it keeps your food items clean and fresh for a longer duration of time.

Key Points Covered :

The report Methacrylic Acid market provides highlighting new business opportunities and supporting strategic and calculated decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments and focuses on markets capacities and on the changing structure of the Methacrylic Acid. The report highlights powerful factors augmenting the demand in the global Methacrylic Acid market and even those hampering the market on a worldwide scale. The report provides key statistics on the market status of the Methacrylic Acid leading manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

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Major Points in Table of Contents:

Section 1 -Methacrylic Acid Product Definition

Section 2 Global -Methacrylic Acid Market Manufacturer Share and Market Overview

2.1 Global Manufacturer -Methacrylic Acid Shipments

2.2 Global Manufacturer -Methacrylic Acid Business Revenue

2.3 Global -Methacrylic Acid Market Overview

Section 3 Manufacturer -Methacrylic Acid Business Introduction

3.1 Mitsubishi Chemical -Methacrylic Acid Business Introduction

3.1.1 Mitsubishi Chemical -Methacrylic Acid Shipments, Price, Revenue and Gross profit

2014-2019

3.1.2 Mitsubishi Chemical -Methacrylic Acid Business Distribution by Region

3.1.3 Mitsubishi Chemical Interview Record

3.1.4 Mitsubishi Chemical -Methacrylic Acid Business Profile

3.1.5 Mitsubishi Chemical -Methacrylic Acid Product Specification

3.2 MGC -Methacrylic Acid Business Introduction

3.2.1 MGC -Methacrylic Acid Shipments, Price, Revenue and Gross profit 2014-2019

3.2.2 MGC -Methacrylic Acid Business Distribution by Region

3.2.3 Interview Record

3.2.4 MGC -Methacrylic Acid Business Overview

3.2.5 MGC -Methacrylic Acid Product Specification

3.3 Kuraray -Methacrylic Acid Business Introduction

3.3.1 Kuraray -Methacrylic Acid Shipments, Price, Revenue and Gross profit 2014-2019

3.3.2 Kuraray -Methacrylic Acid Business Distribution by Region

3.3.3 Interview Record

3.3.4 Kuraray -Methacrylic Acid Business Overview

3.3.5 Kuraray -Methacrylic Acid Product Specification

3.4 LG -Methacrylic Acid Business Introduction

3.5 Dow -Methacrylic Acid Business Introduction

3.6 Basf -Methacrylic Acid Business Introduction ………………. Request free sample to get a complete Table of Content

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