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Glycidyl Methacrylate Market

ID: MRFR/CnM/0299-CR
139 Pages
Chitranshi Jaiswal
September 2016

Glycidyl Methacrylate Market Research Report Information by Application (Plastics, Adhesives and Polymer Coating) and by End-Users (Manufacturing Units and Packaging Units) - Forecast To 2035

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Glycidyl Methacrylate Market Summary

As per MRFR analysis, the Glycidyl Methacrylate Market Size was estimated at 11.74 USD Million in 2024. The Glycidyl Methacrylate industry is projected to grow from 13.52 in 2025 to 55.56 by 2035, exhibiting a compound annual growth rate (CAGR) of 15.18 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Glycidyl Methacrylate Market is poised for robust growth driven by diverse applications and technological advancements.

  • North America remains the largest market for Glycidyl Methacrylate, primarily due to its extensive use in adhesives and sealants.
  • The Asia-Pacific region is emerging as the fastest-growing market, fueled by increasing industrial applications and innovations.
  • In the automotive segment, Glycidyl Methacrylate is widely utilized, while the healthcare segment is experiencing rapid growth due to rising demand for advanced materials.
  • Key market drivers include the rising demand in adhesives and sealants, alongside the expansion in coatings and paints, which are pivotal for market growth.

Market Size & Forecast

2024 Market Size 11.74 (USD Million)
2035 Market Size 55.56 (USD Million)
CAGR (2025 - 2035) 15.18%

Major Players

BASF SE (DE), Mitsubishi Chemical Corporation (JP), Evonik Industries AG (DE), Hexion Inc. (US), SABIC (SA), LG Chem Ltd. (KR), Nippon Shokubai Co., Ltd. (JP), Huntsman Corporation (US)

Glycidyl Methacrylate Market Trends

The Glycidyl Methacrylate Market is currently experiencing a phase of dynamic evolution, driven by various factors that influence its growth trajectory. This compound, known for its utility in producing polymers and resins, is gaining traction across multiple industries, including coatings, adhesives, and plastics. The increasing demand for high-performance materials, particularly in the automotive and construction sectors, appears to be a significant driver of market expansion. Furthermore, the trend towards sustainable and eco-friendly products is prompting manufacturers to explore innovative applications of glycidyl methacrylate, potentially reshaping the competitive landscape. In addition to the growing industrial applications, advancements in production technologies are likely to enhance the efficiency and cost-effectiveness of glycidyl methacrylate synthesis. This could lead to a broader adoption of the compound in various formulations, thereby expanding its market reach. Moreover, regulatory frameworks focusing on environmental safety may influence the development of new formulations that align with sustainability goals. As the Glycidyl Methacrylate Market continues to evolve, stakeholders must remain vigilant to emerging trends and shifts in consumer preferences that could impact future growth prospects.

Sustainability Initiatives

The Glycidyl Methacrylate Market is witnessing a notable shift towards sustainability, as manufacturers increasingly prioritize eco-friendly practices. This trend is characterized by the development of bio-based alternatives and formulations that minimize environmental impact. Companies are exploring innovative methods to reduce waste and enhance recyclability, aligning their products with global sustainability goals.

Technological Advancements

Recent advancements in production technologies are poised to transform the Glycidyl Methacrylate Market. Enhanced synthesis methods may lead to improved efficiency and reduced costs, making glycidyl methacrylate more accessible for various applications. These innovations could facilitate the introduction of new formulations, expanding the compound's utility across diverse sectors.

Growing Industrial Applications

The demand for glycidyl methacrylate is expanding across multiple industries, particularly in coatings, adhesives, and plastics. This growth is driven by the need for high-performance materials that meet stringent quality standards. As industries evolve, the versatility of glycidyl methacrylate positions it as a key ingredient in developing advanced products.

Glycidyl Methacrylate Market Drivers

Expansion in Coatings and Paints

The Global Glycidyl Methacrylate Market Industry is witnessing significant growth due to the rising demand for coatings and paints. This compound is integral in formulating high-performance coatings that offer durability and resistance to environmental factors. Industries such as automotive and industrial manufacturing are increasingly utilizing glycidyl methacrylate-based coatings to enhance product longevity and aesthetic appeal. The market's trajectory indicates a potential increase to 15.6 USD Billion by 2035, reflecting a robust compound annual growth rate of 6.25% from 2025 to 2035, as manufacturers seek innovative solutions to meet stringent regulatory standards.

Growing Demand in Adhesives and Sealants

The Global Glycidyl Methacrylate Market Industry is experiencing a notable surge in demand, particularly within the adhesives and sealants sector. This growth is driven by the increasing need for high-performance bonding solutions across various applications, including automotive, construction, and electronics. Glycidyl methacrylate is valued for its excellent adhesion properties and chemical resistance, making it a preferred choice for manufacturers. As a result, the market is projected to reach approximately 8 USD Billion in 2024, with expectations of further expansion as industries increasingly adopt advanced adhesive technologies.

Regulatory Support for Sustainable Materials

The Global Glycidyl Methacrylate Market Industry is benefiting from increasing regulatory support for sustainable materials. Governments worldwide are implementing policies that encourage the use of environmentally friendly chemicals in manufacturing processes. Glycidyl methacrylate, with its potential for lower environmental impact compared to traditional materials, is gaining traction among manufacturers aiming to comply with these regulations. This shift towards sustainability is likely to drive market growth, as companies prioritize the adoption of greener alternatives in their production lines.

Technological Advancements in Polymer Chemistry

Technological advancements in polymer chemistry are significantly influencing the Global Glycidyl Methacrylate Market Industry. Innovations in synthesis and formulation techniques are enabling the development of more efficient and environmentally friendly products. These advancements facilitate the production of glycidyl methacrylate with enhanced properties, such as improved thermal stability and lower viscosity. As a result, manufacturers are better equipped to meet the evolving demands of various applications, including biomedical and electronic sectors. This trend is likely to contribute to the market's growth, as companies increasingly invest in research and development to leverage these technological improvements.

Increasing Applications in the Biomedical Sector

The Global Glycidyl Methacrylate Market Industry is expanding its footprint in the biomedical sector, where glycidyl methacrylate is utilized in the production of medical devices and drug delivery systems. Its biocompatibility and ability to form hydrogels make it an attractive option for various applications, including tissue engineering and controlled release formulations. As healthcare continues to evolve, the demand for innovative materials in medical applications is expected to rise. This trend may further bolster the market, as companies seek to capitalize on the growing need for advanced biomedical solutions.

Market Segment Insights

By Application: Adhesives (Largest) vs. Coatings (Fastest-Growing)

In the Glycidyl Methacrylate Market, the application segments exhibit varying degrees of market share, with adhesives holding a prominent position. This segment accounts for a significant portion of the market due to its extensive usage in various industries, including construction, automotive, and consumer goods. Following adhesives, coatings represent another substantial segment, driven by the increasing demand in industrial applications, aesthetics, and protection against environmental factors. Sealants, inks, and composites also contribute to the market, but to a lesser extent.

Adhesives (Dominant) vs. Coatings (Emerging)

Adhesives have long been the dominant application segment within the Glycidyl Methacrylate Market, valued for their superior bonding capabilities and versatility across various substrates. They are widely utilized in key industries such as construction, automotive, and electronics, which drives their market position. On the other hand, coatings are recognized as an emerging segment, with growing demand fueled by innovations in formulation and applications aimed at enhancing aesthetic appeal and protection. As industries increasingly focus on sustainability and performance, the coatings segment is poised for substantial growth in the coming years, reflecting a shift in market dynamics.

By End Use: Automotive (Largest) vs. Healthcare (Fastest-Growing)

The Glycidyl Methacrylate Market displays a diverse distribution across various end-use segments. The automotive sector holds the largest market share, driven by the increasing demand for lightweight materials and high-performance coatings. In contrast, the healthcare segment, significantly gaining traction, benefits from the growing need for advanced medical devices and packaging solutions that require high-performance materials. As a result, while automotive remains dominant, healthcare is emerging as a vital area of growth. Analysis of growth trends indicates a shift towards sustainability and innovation within the Glycidyl Methacrylate Market. The automotive industry continues to leverage glycidyl methacrylate for enhanced adhesive formulations and durable surface coatings. Meanwhile, healthcare’s rapid expansion is fueled by technological advancements and regulatory support for biocompatible materials in medical applications, highlighting the material's versatility and critical role across diverse industries.

Automotive: Coatings (Dominant) vs. Healthcare: Medical Devices (Emerging)

In the automotive sector, glycidyl methacrylate is predominantly utilized in coatings that enhance durability, adhesion, and aesthetic appeal, making it a crucial component in the automotive manufacturing process. This dominance is backed by the industry's continuous pursuit of lightweight and efficient materials that improve vehicle performance. Conversely, in healthcare, glycidyl methacrylate is carving out a niche as an essential ingredient in medical devices due to its superior adhesion properties and biocompatibility. This emerging segment is also influenced by the increasing adoption of innovative healthcare solutions, enabling advancements in medical technology while ensuring product safety and efficacy, bolstering the demand for this versatile compound.

By Formulation Type: Waterborne (Largest) vs. UV-Curable (Fastest-Growing)

The Glycidyl Methacrylate Market is characterized by a diverse range of formulation types, with the waterborne segment holding the largest market share. This segment has gained traction due to the increasing demand for environmentally friendly products, which aligns with regulatory compliance and consumer preferences for lower VOC emissions. Solventborne and powder coatings follow, serving traditional applications, while UV-curable formulations represent a niche with significant growth potential, driven by technological advancements. Growth trends indicate a shift towards waterborne and UV-curable formulations, with the latter being the fastest-growing segment. Factors contributing to this growth include the expansion of the automotive and furniture industries, which favor high-performance coatings. Innovations in UV-curable technology, providing faster curing times and improved durability, make it an appealing choice for manufacturers seeking efficiency and quality in their products.

Waterborne (Dominant) vs. Powder Coatings (Emerging)

Waterborne formulations stand out as the dominant segment in the Glycidyl Methacrylate Market due to their eco-friendly properties and compliance with environmental regulations. These formulations are favored in automotive, architectural, and industrial applications for their lower toxicity and high performance. On the other hand, powder coatings represent an emerging trend, gaining popularity for their ability to provide a tougher finish while reducing waste. Powder coatings exhibit excellent durability and resistance to chipping, making them well-suited for various applications, from appliances to furniture. As manufacturers look to enhance sustainability practices, the adoption of powder coatings is projected to increase, complementing the established waterborne segment.

By Distribution Channel: Direct Sales (Largest) vs. Online Sales (Fastest-Growing)

In the Glycidyl Methacrylate Market, the distribution channels exhibit varied market shares, with Direct Sales holding the largest share, reflecting its traditional importance in the industry. Distributors play a significant role as well, efficiently managing the supply chain, while Retail and Wholesale channels contribute to broader market access. Online Sales, although currently smaller in market share, are gaining traction and appeal, particularly among agile buyers seeking convenience and a wider selection.

Direct Sales (Dominant) vs. Online Sales (Emerging)

Direct Sales have established themselves as the dominant force in the Glycidyl Methacrylate market due to their efficiency in addressing customer needs directly and providing tailored solutions. This channel allows manufacturers to maintain control over pricing and customer relationships, fostering trust and loyalty. On the other hand, Online Sales are emerging rapidly, catering to a new generation of consumers who prioritize convenience and real-time access to information. This shift is driven by technological advancements and changes in buying behavior, leading to increased investments in e-commerce platforms. As these platforms evolve, they are likely to capture a significant share of the market, especially among smaller businesses and startups looking for flexible procurement options.

Get more detailed insights about Glycidyl Methacrylate Market

Regional Insights

North America : Market Leader in Glycidyl Methacrylate

North America is poised to maintain its leadership in the Glycidyl Methacrylate market, holding a significant share of 5.87 in 2024. The region's growth is driven by robust demand from the automotive and construction sectors, alongside increasing investments in R&D for advanced applications. Regulatory support for sustainable practices further enhances market potential, as companies seek to innovate while adhering to environmental standards. The competitive landscape in North America is characterized by the presence of major players such as BASF SE, Hexion Inc., and Huntsman Corporation. These companies are leveraging technological advancements to enhance product offerings and expand their market reach. The U.S. remains the largest market, supported by a strong manufacturing base and a focus on high-performance materials, ensuring continued growth in the Glycidyl Methacrylate sector.

Europe : Emerging Market with Growth Potential

Europe's Glycidyl Methacrylate market, valued at 3.52, is witnessing a surge in demand driven by the automotive and electronics industries. The region's commitment to sustainability and innovation is fostering a favorable regulatory environment, encouraging manufacturers to adopt eco-friendly practices. Additionally, the increasing focus on lightweight materials in automotive applications is propelling market growth, as companies strive to meet stringent emissions regulations. Leading countries such as Germany, France, and the UK are at the forefront of this market, with key players like Evonik Industries AG and Mitsubishi Chemical Corporation driving innovation. The competitive landscape is marked by strategic partnerships and collaborations aimed at enhancing product development. As the market evolves, Europe is expected to play a crucial role in shaping the future of Glycidyl Methacrylate applications across various sectors.

Asia-Pacific : Rapid Growth in Emerging Economies

The Asia-Pacific region, with a market size of 2.8, is experiencing rapid growth in the Glycidyl Methacrylate sector, driven by increasing industrialization and urbanization. Countries like China and India are witnessing a surge in demand for advanced materials in construction and automotive applications. The region's favorable regulatory framework is also encouraging investments in the chemical sector, further boosting market potential. China stands out as a key player, with significant contributions from local manufacturers and multinational corporations. The competitive landscape is evolving, with companies like LG Chem Ltd. and Nippon Shokubai Co., Ltd. expanding their operations to meet rising demand. As the region continues to develop, the Glycidyl Methacrylate market is expected to flourish, supported by innovation and strategic investments.

Middle East and Africa : Emerging Market with Untapped Potential

The Middle East and Africa region, with a market size of 0.55, presents untapped potential in the Glycidyl Methacrylate market. The growth is primarily driven by increasing industrial activities and a rising demand for advanced materials in construction and automotive sectors. Governments in the region are implementing initiatives to promote the chemical industry, which is expected to catalyze market growth in the coming years. Countries like Saudi Arabia and South Africa are emerging as key players, with investments in infrastructure and manufacturing capabilities. The competitive landscape is gradually evolving, with local and international companies exploring opportunities in this market. As the region continues to develop its industrial base, the Glycidyl Methacrylate market is likely to see significant growth, supported by strategic partnerships and investments.

Glycidyl Methacrylate Market Regional Image

Key Players and Competitive Insights

The Glycidyl Methacrylate Market is currently characterized by a competitive landscape that is both dynamic and multifaceted. Key growth drivers include the increasing demand for high-performance polymers and the expanding applications in coatings, adhesives, and sealants. Major players such as BASF SE (DE), Mitsubishi Chemical Corporation (JP), and Evonik Industries AG (DE) are strategically positioned to leverage these trends. BASF SE (DE) focuses on innovation and sustainability, investing heavily in R&D to develop eco-friendly products. Meanwhile, Mitsubishi Chemical Corporation (JP) emphasizes regional expansion, particularly in Asia, to capitalize on the growing industrial base. Evonik Industries AG (DE) adopts a digital transformation strategy, enhancing operational efficiency through advanced technologies, which collectively shapes a competitive environment that is increasingly reliant on innovation and sustainability.

In terms of business tactics, companies are localizing manufacturing to reduce lead times and optimize supply chains. The market structure appears moderately fragmented, with a mix of established players and emerging companies. This fragmentation allows for diverse strategies, yet the collective influence of key players like SABIC (SA) and Hexion Inc. (US) is significant, as they drive market trends through strategic partnerships and technological advancements.

In November 2025, Hexion Inc. (US) announced a strategic partnership with a leading automotive manufacturer to develop advanced adhesive solutions tailored for electric vehicles. This collaboration is pivotal, as it not only enhances Hexion's product portfolio but also positions the company at the forefront of the rapidly evolving automotive sector, which increasingly demands high-performance materials.

In October 2025, Evonik Industries AG (DE) launched a new line of bio-based Glycidyl Methacrylate products aimed at reducing environmental impact. This initiative underscores Evonik's commitment to sustainability and innovation, potentially attracting environmentally conscious customers and enhancing its competitive edge in the market.

In September 2025, Mitsubishi Chemical Corporation (JP) expanded its production capacity for Glycidyl Methacrylate in Southeast Asia, responding to the rising demand in the region. This expansion is strategically important as it not only strengthens Mitsubishi's market presence but also allows for better service to local customers, thereby enhancing supply chain efficiency.

As of December 2025, current competitive trends in the Glycidyl Methacrylate Market are increasingly defined by digitalization, sustainability, and the integration of AI technologies. Strategic alliances are becoming more prevalent, as companies recognize the need to collaborate to innovate and meet evolving customer demands. The competitive differentiation is likely to shift from price-based competition to a focus on innovation, technology, and supply chain reliability, suggesting that companies that invest in these areas will be better positioned for future success.

Key Companies in the Glycidyl Methacrylate Market include

Industry Developments

 

Few recent developments in the market are as follows

    • In the year, 2015, Dow chemical company announced that to increase the production of glycidyl methacrylate, it would complete its the project at freeport, texas
    • In 2016, Mitsubishi had the chemical company announced its plant in Niigata to increase production.
    • The fact that it is used as a raw material in the automotive and industrial coatings lead to many projects because of the increase in demand across the globe.
    • It also shows marvellous chemical resistance and the weathering ability which makes it useful in many upcoming products across the world. This has also made the companies set up their various branches to need the requirement of the product at the international level.
    • Various new developments are being made to sure that it reduces the risk on life and the environment.

Future Outlook

Glycidyl Methacrylate Market Future Outlook

The Glycidyl Methacrylate Market is projected to grow at a 15.18% CAGR from 2024 to 2035, driven by increasing demand in coatings, adhesives, and advanced materials.

New opportunities lie in:

  • Development of bio-based Glycidyl Methacrylate formulations for sustainable applications.
  • Expansion into emerging markets with tailored product offerings.
  • Investment in R&D for innovative applications in the automotive and aerospace sectors.

By 2035, the Glycidyl Methacrylate Market is expected to achieve substantial growth and diversification.

Market Segmentation

Glycidyl Methacrylate Market End Use Outlook

  • Automotive
  • Construction
  • Electronics
  • Aerospace
  • Healthcare

Glycidyl Methacrylate Market Application Outlook

  • Adhesives
  • Coatings
  • Sealants
  • Inks
  • Composites

Glycidyl Methacrylate Market Formulation Type Outlook

  • Waterborne
  • Solventborne
  • Powder Coatings
  • UV-Curable
  • Thermoplastic

Glycidyl Methacrylate Market Distribution Channel Outlook

  • Direct Sales
  • Distributors
  • Online Sales
  • Retail
  • Wholesale

Report Scope

MARKET SIZE 202411.74(USD Million)
MARKET SIZE 202513.52(USD Million)
MARKET SIZE 203555.56(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)15.18% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies ProfiledBASF SE (DE), Mitsubishi Chemical Corporation (JP), Evonik Industries AG (DE), Hexion Inc. (US), SABIC (SA), LG Chem Ltd. (KR), Nippon Shokubai Co., Ltd. (JP), Huntsman Corporation (US)
Segments CoveredApplication, End Use, Formulation Type, Distribution Channel
Key Market OpportunitiesGrowing demand for advanced coatings and adhesives drives innovation in the Glycidyl Methacrylate Market.
Key Market DynamicsRising demand for advanced coatings drives innovation and competition in the Glycidyl Methacrylate market.
Countries CoveredNorth America, Europe, APAC, South America, MEA

Market Highlights

Author
Chitranshi Jaiswal
Research Analyst Level I

In her 3 years of experience in the market research field, she has handled critical cross-domain projects. She has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.She holds an engineering degree and is an MBA professional from a well-known university, capable of evaluating the market and competitive conditions. An exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. Proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. Generated business through active client and project development, networking, and high-quality responses. Her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.

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FAQs

What is the expected CAGR of the Glycidyl methacrylate market in the forecast period 2025-2035?

The market is expected to touch a CAGR OF 5.36% during the forecast period.

Name the countries in the Asia Pacific region that dominates the market?

The regions in the Asia Pacific that dominate the market are China and Japan.

What is the expected valuation of the market it would achieve by 2035?

The market is expected to achieve a valuation of 12 Billion USD by 2035.

Which region across the world holds the largest share in the market?

Their region that has the largest share in the market includes the Asia Pacific.

Which segment in the end-user sub division dominates the market?

The manufacturing unit in the end-user segment dominates the market.

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