Glycidyl Methacrylate Market will cross USD 12 Billion by 2030

Pune, India, October 17, 2016 /MRFR Press Release/- Market research future published a cooked research report on Glycidyl Methacrylate market. The global market for Glycidyl Methacrylate market is expected to grow over the CAGR of 5.36% during the period 2022-2030 from USD 12 Billion in 2030.

Taste the market data and market information presented through more than 100 market data tables and figures spread in 139 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Glycidyl Methacrylate Market Information from 2022-2030"

Market Highlights

The Global Glycidyl Methacrylate Market has been evaluated as growing market and expected that the market will touch high growth figures. In last decade the global glycidyl methacrylate manufacturers have found wide range of applications in glycidyl methacrylate. This has shifted the momentum of the glycidyl methacrylate market there by boosting the revenues with the growth rate of over 5.36% per year.

Glycidyl Methacrylate Market:

Global Glycidyl Methacrylate has very broad market in coming recent years. MRFR analysts has predicted that plastic segment in Asia-Pacific and North America is about to grow near USD 5,917.4 million by the year 2027 which means more demand for plastic and in turn for glycidyl methacrylate. Another driver for glycidyl methacrylate market is huge market in Asia-Pacific, particularly in China, Japan and South Korea. Asia-Pacific is one of the leading region in terms of value and volume. In 2015, the APAC region has accounted for USD 3,858.8 million and during the forecast period the market will reach to USD 7,503.0 with a CAGR of 5.74%. This growth is attributed towards the huge consumption of glycidyl methacrylate in China and Japan. These both region are the leading producer as well as consumers.

The major participants of this market are Dow Chemicals, Mitsubishi Gas Chemical Company, Inc, Estron Chemicals, Sumitomo Chemicals, Lianyungang Ningkang Chemical Co., Ltd, Wuhan Sincere-star Chemical Co.,Ltd, Evonik Industries and others.

Market Research Analysis:

Glycidyl Methacrylate has an important proportion in the growth of chemicals and materials market. In the coming years, it is expected that the glycidyl methacrylate market will advance with higher growth rate as compared to previous years. The current challenges for the market are fluctuating prices of raw materials. As per MRFR analysis, APAC has been estimated as the largest market for glycidyl methacrylate where North America holds the second largest market. Europe is one of the fastest growing regions. The Middle East & Africa and Rest of the World have a potential scope to grow and are expected to have a health market environment in the forecasted year.

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