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Global Glycidyl Methacrylate Market: Overview

Glycidyl methacrylate (GMA) is an ester of methacrylic acid and glycidol. It is a common monomer used in the production of epoxy resins. GMA is also a high purity, dual functionality monomer ideally suited for coating and resin applications. The Glycidyl Methacrylate market has been expanding at a significant pace primarily due to the growth in polymer and adhesives industries. Epoxies contain diglycidyl ether of bisphenol A (DGEBA), while GMA is used to provide epoxy functionalization to polyolefins and other acrylate resins. Several global companies such as Dow Chemical produce GMA.

GMA is used in various applications, such as industrial & protective finishes and waterborne coating resins, to improve the physical and chemical properties of products the plastic segment of the Glycidyl Methacrylate market has been expanding substantially due to the extensive usage of GMA in adhesives, industrial coatings, and latex. Additionally, rise in investments in R& D activities is driving the Glycidyl Methacrylate market.  

Based on application, the Glycidyl Methacrylate market can be divided into automotive coating, powder coating, radiation curable coating, industrial and protecting finishes, adhesives, and plastic modifiers. GMA allows copolymerization functionality with other vinyl monomers in non-aqueous and aqueous solutions, thus making these useful solutions in the packaging sector. GMA is also largely used in plastic modifiers such as PET, PVC, engineering thermoplastics, and rubber. Thus, it is useful in end-user industries such as packaging. Expansion in the polymer industry and rise in usage of plastics in the packaging industry are estimated to propel the Glycidyl Methacrylate market during the forecast period.

In terms of region, the Glycidyl Methacrylate market can be split into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific holds the major share of the global Glycidyl Methacrylate market. China is the leading country in the Glycidyl Methacrylate market owing to the rapid urbanization, growth in technology, and increase in investments in end-use industries. Rise in demand for Glycidyl Methacrylate in automotive, construction, paints & coatings, and packaging industries has boosted the Glycidyl Methacrylate market in China and India. The Glycidyl Methacrylate market in North America has been expanding significantly owing to the rise in consumption of high purity products. This has augmented the demand for industrial coatings in various industries. The Glycidyl Methacrylate market in Europe has been expanding largely due to the increase in demand for GMA in automotive, electrical & electronics, and other sectors. Latin America and Middle East & Africa also account for key shares of the market. This can be ascribed to the increase in demand for GMA in end-use industries in these regions.

Global Glycidyl Methacrylate Market: Key Players

Prominent players operating in the Glycidyl Methacrylate Market include Dow Chemicals, Estron Chemicals, Evonik Industries, Sumitomo Chemicals, and Mitsubishi Gas Chemical. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

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Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Glycidyl Methacrylate Market

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