Glycidyl Methacrylate Market Comprehensive Research Study, Status, Future And 2022-2028

Precision Business Insights published a research report on “Glycidyl Methacrylate Market by Application (Plastics, Adhesives and Polymer Coating) and by End-Users (Manufacturing Units and Packaging Units) - Global/Region/Country Forecast to 2028”.

Glycidyl methacrylate (GMA) is a glycidol and methacrylic acid ester. It's a prominent monomer used in epoxy resin manufacture. GMA is also a high-purity, dual-functional monomer that works well in coatings and resins. The Glycidyl Methacrylate market has been growing at a rapid pace, owing to the expansion of the polymer and adhesives sectors. DGEBA is used to offer epoxy functionalization to polyolefins and other acrylate resins, whereas GMA is used to provide epoxy functionalization to polyolefins as well as other acrylate resins. GMA is manufactured by a number of international businesses, including Dow Chemical.

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The increased need for adhesives and sealants to meet the packaging needs of the food & beverage and e-commerce industries is expected to propel the global market forward. By 2025, the global value of the adhesives and sealants market is expected to exceed USD 80 billion, indicating healthy development potential. These chemicals improve the adhesion of hot melt adhesives and are perfect for attaching leather to rubber and leather to leather. Glycidyl methacrylate market share should benefit from increasing demands for lightweight automobiles and aircraft to maintain regulatory compliance, as well as substantial innovation in the development of green adhesives. Market growth is projected to be hampered by the increasing prevalence of severe rules on product use, sale, and labelling. Because of its ability to cause eye injuries, skin burns, organ failure, cancer, and reduced fertility, Europe's Classification, Labelling, and Packaging law classifies this product as a high-risk hazard. The United States Food and Drug Administration's Code of Federal Regulations allows the use of GMA-based adhesives in food packaging as long as they are segregated from the food product by a barrier and do not exceed specified levels. Companies, on the other hand, are investing in innovation to improve safety performance and in expanding production capacity to meet increased consumer demand, which is expected to drive glycidyl methacrylate market revenue.

The Global Glycidyl Methacrylate (GMA) Market on the basis of Type, the market is segregated into Purity 97.0%, Purity 98.5%, Purity 99.0%, Purity 99.7%, and Others. On the basis of Application, the market is divided into Adhesives, Coatings, Plastics Industry, Electronics Industry, Personal Care and Cosmetics, Medical Materials, and Others.

Due to increased demand for glycidyl methacrylate in the construction, automotive, paints & coatings, and manufacturing industries, Asia-Pacific dominates the glycidyl methacrylate market. North America is predicted to grow at a significant rate from 2021 to 2028, due to rise in the use of high purity products.

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Some of the major key players in the Glycidyl Methacrylate Market are Dow Chemicals, Mitsubishi Gas Chemical Company, Estron Chemicals, Sumitomo Chemicals, Lianyungang Ningkang Chemical Co., Ltd, Wuhan Sincere-star Chemical Co.Ltd

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