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Methacrylic Acid Market To Reach USD 13.46 Billion By 2026 |Evonik Industries, The DOW Chemical Company, Mitsubishi Chemical
Market Summary The rising demand for Methacrylic Acid across various industries is propelling the growth of the market. Market Size – USD 9.32 Billion in 2018, Market Growth - CAGR of 4.6%, Market Trends – The growing demand from the Asia Pacific region.
Our Approach Our Approach Market Summary The global Methacrylic Acid market is forecast to reach USD 13.46 Billion by 2026, according to a new report by Reports and Data. The rising demand for Methacrylic Acid across various industries, coupled with the need for durable paints and coatings, will boost the growth of the market. The application of methacrylate-based monomers as coatings is used in various industries such as architecture, automotive, and other industries. The architecture sector uses these coatings as surface coatings on aluminum, building surfaces, plastic, metals, glass, paper, steel, and more. In the automotive industry methacrylate coatings offer a rich gloss effect as well as a shield from mechanical and chemical attack. Methacrylic Acid are also used for composing methacrylate adhesives, which are formed of elastomers and toughening agents. Methacrylates are available in a range of cure speeds which exhibit superior low-temperature impact performance. High strength bonds can be achieved with a variety of materials, especially plastics. Moreover, in the healthcare industry, these monomers are used for dental applications, due to their lower physicomechanical properties such as degree of conversion, hardness, modulus, and shrinkage, than those of conventional materials of proven clinical performance. Requestfor a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/1651
Our Approach Our Approach Market Summary Further key findings from the report suggest • Tert-butyl methacrylate accounts for the largest market share of ~24% in the year 2018. Tertiary- butyl methacrylate is a highly versatile monomer, with UV weather ability, and superior solubility properties. It has applications in numerous areas such as feedstock for chemical syntheses. These monomers increase the viscosity and reduce the temperature characteristics of lubricants, which helps in the conservation of energy. • The paints & coating application account for the largest market share of ~22% in the year 2018. Acrylic paints contain one or more methacrylate-based products, which help enable paints and coatings to be applied efficiently while producing a durable and long-lasting coating. This helps to protect the surface from sunlight, rain, and other factors that may cause the layers to degenerate. The durability of methacrylate-based paints and coatings is used for numerous applications, such as roadway marking paints. • The electronics industry accounted for the largest market share of ~18% in the year 2018. The electronics industries use methacrylate-based polymers to manufacture flat-screen computer monitors and televisions, as well as in DVDs, compact discs and laser discs. Printed circuit board coatings also contain methacrylate, which can provide them with increased resistance to corrosion, and improving their service life. To identify the key trends in the industry, click on the link below @ https://www.reportsanddata.com/report-detail/methacrylate-monomers-market
Our Approach Our Approach Market Summary Key participants : Evonik Industries, The DOW Chemical Company, Mitsubishi Chemical, LG Chem, Sumitomo Chemical, BASF, Arkema, Nippon Shokubai, Eastman Chemical Company, Esstech, Estron Chemical, Fushun Anxin Chemical, Miwon Specialty Chemical, Kuraray, Gelest, Gantrade Corporation, Chi Mei Corporation, Asahi Kasei, Ted Pella, and Hitachi Chemical, among others. For the purpose of this report, Reports and Data have segmented into the global Methacrylic Acid market on the basis of application, derivatives, industry vertical, and region: Application Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026) Acrylic Sheets Molding Paints and Coatings Additives Derivatives Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026) Behenyl Methacrylate Tert-Butyl Methacrylate Cyclohexyl Methacrylate Iso-Decyl Methacrylate Stearyl Methacrylate Others
Our Approach Our Approach Market Summary Industry Vertical Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026) Automotive Architecture Electronics Advertisement & Communication Building & Construction Healthcare & Life Science Aerospace Marine Others Order Now @ https://www.reportsanddata.com/checkout-form/1651
About Us Our Approach Our Approach About Us About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com