Glacial Methacrylic Acid Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Glacial methacrylic acid is a clear, colourless liquid at room temperature with a pungent odour. It can be produced from acrylic and methacrylic esters, maleic acid esters, acrylonitrile, vinyl acetate, styrene, vinyl chloride, ethylene, butadiene, and other monomers. Glacial methacrylic acid offers hardness, clarity, flexibility, colour compatibility, internal plasticization, water-solubility, toughness, adhesive ability, rheological properties and weatherability. It finds applications in pulp and paper, paint and varnish, film-forming agents, textile, adhesives, thickeners, drilling reagents, and dressing reagents.

MARKET DYNAMICS

The growing use of glacial methacrylic acid as an intermediate in producing various chemical compounds and chemical formulations is predicted to boost the demand for glacial methacrylic acid. Moreover, expansion in paints & coatings and textiles industries worldwide and surge in investment in research & development activities by major market players in order to develop sustainable and advanced glacial methacrylic acid are estimated to create lucrative growth opportunities for the glacial methacrylic acid market during the forecast period. However, the high cost of raw materials is anticipated to inhibit the global glacial methacrylic acid market.

MARKET SCOPE

The "Global Glacial Methacrylic Acid Market Analysis to 2031" is a specialized and in-depth study of the chemicals & materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the glacial methacrylic acid market with detailed market segmentation by application. The global glacial methacrylic acid market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading glacial methacrylic acid market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global glacial methacrylic acid market is segmented into application. By application, the glacial methacrylic acid market is classified into Paints and Coatings, Adhesives, Ion Exchange, Flocculants, Soil Improvers, Leather and Textile, Others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global glacial methacrylic acid market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The glacial methacrylic acid market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the glacial methacrylic acid market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the glacial methacrylic acid market in these regions.

MARKET PLAYERS

The report covers vital developments in the glacial methacrylic acid market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the glacial methacrylic acid market are anticipated to lucrative growth opportunities in the future with the rising demand for glacial methacrylic acid in the global market. Below mentioned is the list of few companies engaged in the glacial methacrylic acid market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the glacial methacrylic acid market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

•   Cadence Chemical
  
•   Sigma-Aldrich Corporation
  
•   MITSUBISHI Gas Chemical
  
•   Brancotex
  
•   BASF SE
  
•   Opes International Ltd
  
•   Southampton
  
•   Dow Chemical Company
  
•   Lucite International
  
•   Evonik Industries AG
  
  
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Glacial Methacrylic Acid Report Scope