As per MRFR analysis, the global glycidyl methacrylate market is growing enormously well and expecting a huge growth potential during the forecast period. The major factor that drive the growth of glycidyl methacrylate is huge market in China and Japan, growing demand for plastic and adhesives, global connectivity and other factor as well.
Glycidyl Methacrylate Market – Overview
The global glycidyl methacrylate market is growing with the impulsive pace; mainly due to growing polymer and adhesives industries. According to a recent study report published by the Market Research Future, the global market of glycidyl methacrylate is booming and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a stunning growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2023).
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This market has been segmented on the basis of application and end users. By application includes – plastics, adhesives and polymer coating. By end-users includes – manufacturing units and packaging units.
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The glycidyl methacrylate market appears to be competitive with the presence of several large and small players operating in manufacturing and development of product. These key players compete with each other’s on the basis of quality, price, production and innovation. They ensure to deliver the best quality products based on innovative technologies, and best practices.
The Dow Chemical Company (U.S.), MITSUBISHI GAS CHEMICAL COMPANY, INC (Japan), Estron Chemical Inc (U.S.), Sumitomo Chemical Co., Ltd (Germany), Lianyungang Ningkang Chemical Co., Ltd (China), Wuhan Sincere-star Chemical Co., Ltd (China), Evonik Industries AG (Germany), DuPont (U.S.), VWR International, LLC (U.S.), and Kanto Chemical Co, Inc. (Japan) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Glycidyl Methacrylate Market.
The market in the European region has received a significant growth due to increasing demand for the product in automotive, electrical & electronics, and other sectors. Additionally, due to increasing demand for glycidyl methacrylate from the plastic and other industries, the market is projected to grow at a higher CAGR in Europe over the forecast period.
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