Press release
Methacrylic Acid Market Segments, Industry News, Regional Analysis and Forecast to 2027|Global Market Player - Dow, BASF SE, Evonik Industries, Formosa Korea, KURARAY CO., LTD
Market OverviewGlobal methacrylic acid market is set to witness a substantial CAGR in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Increasing demand for glacial methacrylic and rising demand from various end- users are factor for the growth.
Market Definition: Global Methacrylic Acid Market
Methacrylic acid is an organic compound which usually have low melting point and are colorless. They are widely used for the manufacturing of synthetic resin. They have the ability to get mixed with any organic solvent and are soluble in water. These methacrylic acids are widely used in industries such as textile, paper manufacture, paint and coatings and others. These compounds are usually produced by the decarboxylation of citraconic acid, mesaconic acid and others.
Market Drivers:
• Growth in industries such as automobile and electronic will drive the market growth
• Increasing construction activities worldwide will also propel growth
• Rising investment in R&D of glacial methacrylic acid will also accelerate market growth
• Increasing disposable income is also enhancing the market growth
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The Methacrylic Acid Market competitive landscape provides details by competitor. Details included are organization overview, company financials, revenue generated, Industry potential, investment in research and development, new Methacrylic Acid Market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the company’s focus related to Methacrylic Acid Market.
Major Market Manufacturers Covered In The Methacrylic Acid Market Are:
Few of the major competitors currently working in the global methacrylic acid market are Dow, BASF SE, Evonik Industries, Formosa Korea, KURARAY CO., LTD., LG Chem., MITSUBISHI GAS CHEMICAL COMPANY, INC., DHALOP CHEMICALS, Parchem fine & specialty chemicals., Polymers Enterprises, AECOCHEM, Central Drug House, Shree Chemicals., Petrochemicals Europe, Tokyo Chemical Industry Co., Ltd., KH Chemicals, Kowa India Pvt.Ltd, Biesterfeld AG, TWI Ltd., DIOCHEM, and other.
Key Developments in the Market:
• In March 2019, Evonik announced that they are going to sell their Methacrylates business to Advent International. This transaction consists of acrylic products, methacrylates and cyplus business lines. The company is planning to focus more on specialty chemicals. This will help the company to strengthen their specialty chemical portfolio
• In April 2016, BASF announced the launch of their Kollicoat MAE 100-55. It is specially designed to enhance their offer of pH >5.5 enteric release coatings which is usually dependent on methacrylic acid-ethylacrylate copolymer. This will provide pharmaceutical manufacturers more flexibility and supply security
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How will this Market Intelligence Report Benefit You?
1. The report offers statistical data in terms of value (US$) as well as Volume (units) till 2027.
2. Exclusive insight into the key trends affecting the Methacrylic Acid’ industry, although key threats, opportunities and disruptive technologies that could shape the Global Methacrylic Acid’ market supply and demand.
3. The report tracks the leading Market players that will shape and impact the Global Methacrylic Acid’ Market most.
4. The data analysis present in the Methacrylic Acid’ Market report is based on the combination of both primary and secondary resources.
5. The report helps you to understand the real effects of key Market drivers or retainers on Methacrylic Acid’ Market business.
Global Methacrylic Acid Market Scope and Market Size
By Application
o Polymers
o Adhesives
o Textile Formulations
o Others
By End-User
o Paints and Coatings
o Textile
o Leather
o Paper Manufacture
o Others
By Type
o Liquid Products
o Glacial Products
Based on regions, the Methacrylic Acid Market is classified into North America, Europe, Asia- Pacific, Middle East & Africa, and Latin America
Middle East and Africa (GCC Countries and Egypt)
North America (United States, Mexico, and Canada)
South America (Brazil, Argentina etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
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The report covers major aspects:
• Various economic factors that are significant in determining the Methacrylic Acid Market trend, buying decisions and Market attractiveness are being analysed for Market estimation and forecasting.
• The analysis will support stakeholders such as manufacturers and distributors in identifying and capturing Markets with high potential.
• The study also discusses various environmental and regulatory factors critical for the Methacrylic Acid Market growth.
Strategic Points Covered in Table of Content of Global Methacrylic Acid Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope Methacrylic Acid Market
Chapter 2: Exclusive Summary – the basic information of Methacrylic Acid Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of Analytical Standards
Chapter 4: Presenting Methacrylic Acid Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of Methacrylic Acid Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Customization of the Report:
Data Bridge Market Research also provides customization options to tailor the reports as per client requirements. This report can be personalized to cater to your research needs. Feel free to get in touch with our sales team, who will ensure that you get a report as per your needs.
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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