Global Glycidyl Methacrylate market is expected to grow over the CAGR of 5.36% during the period 2016 to 2027
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 2016 to 2027 from USD 15,654.7 million in 2016.
Pune, India – July 12, 2017 /MarketersMedia/ —
Global Glycidyl Methacrylate Market Information by Application (Plastics, Adhesives and Polymer Coating) and by End-Users (Manufacturing Units and Packaging Units) – Forecast To 2027
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.
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 2014 to 2027″
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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
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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Study Objectives of Glycidyl Methacrylate Market:
• To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the glycidyl methacrylate market
• To provide insights about factors affecting the market growth
• To analyze the glycidyl methacrylate market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- Americas, Europe, Asia-Pacific, and Middle East & Africa.
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segments by applications and by end users.
• To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global market
Key Finding
• The global glycidyl methacrylate market and is expected to reach $15,654.7 million by 2027
• Plastics accounted for the largest market share registering CAGR of 5.91% during the forecast period
• Regionally, Asia-Pacific holds the largest market share 49% of global glycidyl methacrylate market and is expected to reach $7,503.0 million by 2027 from $3,858.8 million in 2015.
• On the basis of end-users, manufacturing units segment holds 61% market share
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Segments:
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.
Regional Analysis of Glycidyl Methacrylate Market:
Globally, APAC is the largest market for glycidyl methacrylate.
North America is the second-largest market for glycidyl methacrylate. The market is anticipated to reach at $3,358.9 million by 2027.
Due to the increasing demand of plastics, Europe is estimated to be the fastest growing region globally, registering 5.05% CAGR during the forecast period.
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Email: Akash.Anand@Marketresearchfuture.Com
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