Methacrylic Ester market information- by application (sizing agent, adhesives, oil additives, binder, and others), by end use industry (pulp & paper, lubricant, paint & coatings, textile, construction and others) and by region- Forecast till 2027
ID: MRFR/CnM/2902-HCR | February 2021 | Region: Global | 133 pages
Methacrylic Ester Market Overview
Methacrylic ester is a kind of monomer which is used to produce a wide range of polymers. These polymer are used to enhance viscosity and low temperature characteristics and widely utilized as an oil additives in end use industry such as lubricant. These exhibit excellent durability, chemical resistance, and excellent flow properties and are extensively utilized in end use industries such as pulp & paper, lubricant, paint & coatings, textile, construction and others.
As per analysis, some of the prominent market factors and trends identified in the global methacrylic ester market includes the rising consumption of methacrylic ester as a sizing agent in paper & pulp industry coupled with the recycled paper market growth is anticipated to drive the market growth over the forecast period. Furthermore, increasing demand for methacrylic ester based adhesives in the construction sector is likely to positively influence the market growth. On the plus side, huge investment in infrastructure sector in developed and developing nations are expected to fuel market growth. Additionally, methacrylic ester is used as a textile finishing agent or binder in textile industry. Thus, fostering growth of textile industry across the globe is predicted to offer lucrative market growth opportunities for global methacrylic ester market. However, slight toxicity associated with it might hamper the usage of methacrylic ester in upcoming years.
List of Key Players in the Methacrylic Ester Market
Some of the prominent players operating in the methacrylic ester market are
- BASF SE (Germany),
- The Dow Chemical Company (U.S.),
- Evonik (Germany),
- U-PICA Company.Ltd. (Japan),
- Sigma-Aldrich Co. LLC. (U.S.),
- MITSUBISHI GAS CHEMICAL COMPANY, INC. (Japan),
- Fushun Anxin Chemical Co., Ltd. (China),
- NOF CORPORATION. (Japan),
- Michelman, Inc. (U.S),
- Lucite International (UK)
The Global Methacrylic Ester Market Share by end use industry (2016), (%)
Source: MRFR Analysis
Regional Analysis
The global methacrylic ester market is segmented into five regions viz. - Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Among these, Asia Pacific is predicted to grow at the highest CAGR during the forecast period owing to increasing demand from end use industries such as pulp & paper and construction among others. The demand for methacrylic ester is predicted to surge in emerging economies such as India, China, and Bangladesh due to growing industrial as well as residential construction sector. Moreover, ease of availability of raw material, cheap labor cost, and improving development strategies to fulfil the demand for methacrylic ester in the growing applications are the important factors for the regional market growth.
Asia Pacific emerged as the largest market for methacrylic ester followed by North America and Europe. North America is expected to witness a significant growth in methacrylic ester market due to the recovery of industrial sector coupled with escalating investments to revitalize paints & coating industry. In Europe, countries such as France, Spain, Germany, and U.K have emerged as prominent consumer markets due to developed end use industries and increasing expenditure on R&D and innovation. While in North America, countries such as Mexico, U.S, Canada, and Guatemala are among the major contributors in the regional market growth and are expected to see a significant regional market growth in the near future. Latin American countries such as Argentina, Colombia, Peru and Brazil are also predicted to witness moderate growth with the association of new business models. Moreover, lubricants are widely used in automotive and general industry, increasing automobile production and sales as well as expansion of general industry in countries such as China, India, Mexico, Germany, and Japan will further drive the market growth. Middle East & Africa is expected to witness a substantial growth during the review period. Huge investment in institutional as well as commercial construction sector in Saudi Arabia, Qatar and United Arab Emirates (UAE) is anticipated to positively influence industry growth over the forecast period.
Segmentation
The global methacrylic ester market is segmented on the basis of application, end use industries, and regions. Based on application, the market is segmented into sizing agent, adhesives, oil additives, binder, and others. On the basis of end use industries, the market is categorized into pulp & paper, lubricant, paint & coatings, textile, construction and others. On the basis of regions, the market is segmented into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.
Geographical Analysis
The report covers brief analysis of geographical regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.
Intended Audience
- Methacrylic ester manufacturers
- Traders and Distributors of methacrylic ester
- Production Process Industries
- Potential Investors
- Raw Material Suppliers
- Nationalized Laboratory
Report Scope:
| Report Attribute/Metric | Details |
|---|---|
| Market Size | 2027: Significant value |
| CAGR | 2019–2027: Substantial CAGR |
| Base Year | 2019 |
| Forecast Period | 2020-2027 |
| Historical Data | 2018 |
| Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | By Application, End-Use Industry and Region |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | BASF SE (Germany), The Dow Chemical Company (U.S.), Evonik (Germany), U-PICA Company.Ltd. (Japan), Sigma-Aldrich Co. LLC. (U.S.), MITSUBISHI GAS CHEMICAL COMPANY, INC. (Japan), Fushun Anxin Chemical Co., Ltd. (China), NOF CORPORATION. (Japan), Michelman, Inc. (U.S), Lucite International (UK), and others. |
| Key Market Opportunities | Excellent durability, chemical resistance, and excellent flow properties |
| Key Market Drivers | The rising consumption of methacrylic ester as a sizing agent in paper & pulp industry |
Frequently Asked Questions (FAQ) :
The forecast period for Methacrylic Ester Market research report is 2020-2027.
Methacrylic Ester Market is dominated by APAC region.
The main players in the Market are BASF SE (Germany), The Dow Chemical Company (U.S.), Evonik (Germany), U-PICA Company.Ltd. (Japan), Sigma-Aldrich Co. LLC. (U.S.), MITSUBISHI GAS CHEMICAL COMPANY, INC. (Japan), Fushun Anxin Chemical Co., Ltd. (China), NOF CORPORATION. (Japan), Michelman, Inc. (U.S), Lucite International (UK), and others.
1 Executive Summary
2 Scope of The Report
2.1 Market Definition
2.2 Scope of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat of New Entrants
4.1.2 Bargaining power of buyers
4.1.3 Threat of substitutes
4.1.4 Segment rivalry
4.2 Value Chain/Supply Chain of Global Methacrylic Ester Market
5 Industry Overview of Global Methacrylic Ester Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact analysis
5.4 Market Challenges
5.5 Impact analysis
6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact analysis
7. Global Methacrylic Ester Market by Application
7.1 Introduction
7.2 Sizing agent
7.3 Adhesives
7.4 Oil additives
7.5 Binder
7.6 Others
8. Global Methacrylic Ester Market by End Use Industry
8.1 Introduction
8.2 Pulp & Paper
8.3 Lubricant
8.4 Paint & Coatings
8.5 Textile
8.6 Construction
8.7 Others
9. Global Methacrylic Ester Market by Region
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.3 Europe
9.3.1 Germany
9.3.2. France
9.3.3 Italy
9.3.4 Spain
9.3.5 UK
9.4 Asia Pacific
9.4.1 China
9.4.2 India
9.4.3 Japan
9.4.4 Australia
9.4.5 New Zealand
9.4.6 Rest of Asia Pacific
9.5 Middle East & Africa
9.5.1 Turkey
9.5.2 Israel
9.5.3 North Africa
9.5.4 GCC
9.5.5 Rest of Middle East & Africa
9.6 Latin America
9.6.1 Brazil
9.6.2 Argentina
9.6.3 Rest of Latin America
10. Company Landscape
11. Company Profiles
11.1 BASF SE
11.1.1 Company Overview
11.1.2 Product/Business Segment Overview
11.1.3 Financial Updates
11.1.4 Key Developments
11.2 The Dow Chemical Company
11.2.1 Company Overview
11.2.2 Product/Business Segment Overview
11.2.3 Financial Updates
11.2.4 Key Developments
11.3 Evonik
11.3.1 Company Overview
11.3.2 Product/Business Segment Overview
11.3.3 Financial Updates
11.3.4 Key Developments
11.4 U-PICA Company.Ltd.
11.4.1 Company Overview
11.4.2 Product/Business Segment Overview
11.4.3 Financial Updates
11.4.4 Key Developments
11.5 Sigma-Aldrich Co. LLC.
11.5.1 Company Overview
11.5.2 Product/Business Segment Overview
11.5.3 Financial Updates
11.5.4 Key Developments
11.6 MITSUBISHI GAS CHEMICAL COMPANY, INC.
11.6.1 Company Overview
11.6.2 Product/Business Segment Overview
11.6.3 Financial Updates
11.6.4 Key Developments
11.7 Fushun Anxin Chemical Co., Ltd.
11.7.1 Company Overview
11.7.2 Product/Business Segment Overview
11.7.3 Financial Updates
11.7.4 Key Developments
11.8 NOF CORPORATION.
11.8.1 Company Overview
11.8.2 Product/Business Segment Overview
11.8.3 Financial Updates
11.8.4 Key Developments
11.9 Michelman, Inc
11.9.1 Company Overview
11.9.2 Product/Business Segment Overview
11.9.3 Financial Updates
11.9.4 Key Developments
11.10 Lucite International
11.10.1 Company Overview
11.10.2 Product/Business Segment Overview
11.10.3 Financial Updates
11.10.4 Key Developments
12 Conclusion
LIST OF TABLES
Table 1 World Population by Major Regions (2020-2027)
Table 2 Global Methacrylic Ester Market: By Region, 2020-2027
Table 3 North America Methacrylic Ester Market: By Country, 2020-2027
Table 4 Europe Methacrylic Ester Market: By Country, 2020-2027
Table 5 Asia-Pacific Methacrylic Ester Market: By Country, 2020-2027
Table 6 Middle East & Africa Methacrylic Ester Market: By Country, 2020-2027
Table 7 Latin America Methacrylic Ester Market: By Country, 2020-2027
Table 8 Global Methacrylic Ester by Application Market: By Regions, 2020-2027
Table 9 North America Methacrylic Ester by Application Market: By Country, 2020-2027
Table 10 Europe Methacrylic Ester by Application Market: By Country, 2020-2027
Table 11 Asia-Pacific Methacrylic Ester by Application Market: By Country, 2020-2027
Table 12 Middle East & Africa Methacrylic Ester by Application Market: By Country, 2020-2027
Table 13 Latin America Methacrylic Ester by Application Market: By Country, 2020-2027
Table 14 North America Methacrylic Ester for End use Industry: By Country, 2020-2027
Table 15 Europe Methacrylic Ester for End use Industry: By Country, 2020-2027
Table 16 Asia-Pacific Methacrylic Ester for End use Industry: By Country, 2020-2027
Table 17 Middle East & Africa Methacrylic Ester for End-use Industry: By Country, 2020-2027
Table 18 Latin America Methacrylic Ester for End-use Industry: By Country, 2020-2027
Table 19 Global Application Market: By Region, 2020-2027
Table 20 Global End Use Industry Market: By Region, 2020-2027
Table 21 North America Methacrylic Ester Market, By Country
Table 22 North America Methacrylic Ester Market, By Application
Table 23 North America Methacrylic Ester Market, By End Use Industry
Table 24 Europe: Methacrylic Ester Market, By Country
Table 25 Europe: Methacrylic Ester Market, By Application
Table 26 Europe: Methacrylic Ester Market, By End use Industry
Table 27 Asia-Pacific: Methacrylic Ester Market, By Country
Table 28 Asia-Pacific: Methacrylic Ester Market, By Application
Table 29 Asia-Pacific: Methacrylic Ester Market, By End use Industry
Table 30 Middle East & Africa: Methacrylic Ester Market, By Country
Table 31 Middle East & Africa Methacrylic Ester Market, By Application
Table 32 Middle East & Africa: Methacrylic Ester Market, By End use Industry
Table 33 Latin America: Methacrylic Ester Market, By Country
Table 34 Latin America Methacrylic Ester Market, By Application
Table 35 Latin America: Methacrylic Ester Market, By End use Industry
LIST OF FIGURES
FIGURE 1 Global Methacrylic Ester Market segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis of Global Methacrylic Ester Market
FIGURE 4 Value Chain of Global Methacrylic Ester Market
FIGURE 5 Share of Global Methacrylic Ester Market in 2020, by country (in %)
FIGURE 6 Global Methacrylic Ester Market, 2020-2027,
FIGURE 7 Sub segments of End Use Industry
FIGURE 8 Global Methacrylic Ester Market size by End Use Industry, 2020
FIGURE 9 Share of Global Methacrylic Ester Market by End Use Industry, 2020-2027
FIGURE 10 Global Methacrylic Ester Market size by Application, 2020
FIGURE 11 Share of Global Methacrylic Ester Market by Application, 2020-2027