Global Iso-Tridecyl Methacrylate Market: Overview
Iso-tridecyl methacrylate is a methacrylate monomer. It is hydrophobic and mono-functional. It exhibits low glass transition temperature. Hence, it is flexible, and offers excellent plasticizing properties. Iso-tridecyl methacrylate can be used to form homopolymers and copolymers with acrylic acid and its salts, amides and esters, acrylates, acrylonitrile, unsaturated polyesters, and drying oils. It is one of the commonly used feedstock for chemical synthesis, as its addition reaction with a range of organic and inorganic compounds is easy. Iso-tridecyl methacrylate monomers are useful raw materials in the production of anaerobic adhesives, vacuum impregnation sealants, and acrylic polyols for automotive coatings.
The use of iso-tridecyl methacrylate monomer helps achieve low viscosity, low odor, and low shrinkage on polymerization. It also helps in imparting properties such as chemical/water resistance, impact strength, hydrophobicity, adhesion, and weatherability. Storage of iso-tridecyl methacrylate is a major concern. It needs to be stored carefully, meeting all the requirements in order to avoid its polymerization. The monomer must always be stored with a stabilizer in cold conditions, with temperature not exceeding 35°C. For the stabilizer to function effectively, it must always be stored under air, and never in inert gases. The maximum duration for which iso-tridecyl methacrylate can be stored is one year. Coatings, adhesives, sealants, and polymer production are some of the common applications of iso-tridecyl methacrylate. The iso-tridecyl methacrylate market is anticipated to expand significantly in Asia Pacific in the near future. It is estimated to offer lucrative opportunities to producers of the monomer, owing to the growth of application industries such as coatings, adhesives, and sealants in the region.
Global Iso-Tridecyl Methacrylate Market: Key Segments
In terms of end-user industry, the iso-tridecyl methacrylate market can be segmented into coatings, additives, adhesives & sealants, textiles, and others. Coatings is anticipated to be one of the fastest growing end-user industry segments of the iso-tridecyl methacrylate market during the forecast period. All end-user industries of iso-tridecyl methacrylate are expanding at a steady pace. End-user industries in Asia Pacific are expanding at a fast pace due to the rapid industrialization and infrastructure development. Currently, the coatings segment holds dominant share of the iso-tridecyl methacrylate market. The segment is projected to continue its dominance during the forecast period.
In terms of geography, the iso-tridecyl methacrylate market can be divided into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is anticipated to dominate the iso-tridecyl methacrylate market during the forecast period, owing to the growth in end-user industries such as coatings, adhesives & sealants, and additives in the region. China, India, and Japan are the three major countries contributing significantly to the consumption of coatings, adhesives & sealants, etc. Rapid infrastructure and industrial development in developing countries such as China and India has boosted the end-user industries. This, in turn, has propelled the demand for iso-tridecyl methacrylate in Asia Pacific. Europe and North America account for key share of the iso-tridecyl methacrylate market after Asia Pacific. The iso-tridecyl methacrylate market in Asia Pacific is likely to expand at a fast pace during the forecast period.
Global Iso-Tridecyl Methacrylate Market: Key Players
Prominent players operating in the global iso-tridecyl methacrylate market include BASF SE, HANGZHOU DEVELY TECHNOLOGY CO.LTD., Kowa India Pvt. Ltd., and San Esters Corporation.
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
- 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?
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