Methacrylic acid appears as a clear colorless liquid with a pungent odor. Corrosive to metals and tissue. Flash point 170°F. Melting point 61°F. May polymerize exothermically if heated or contaminated. If the polymerization takes place inside a container, the container may rupture violently. Less dense than water. Vapors heavier than air. Used to make plastics
Analysis of Global Methacrylic Acid Market report:
Global methacrylic acid market is set to witness a substantial CAGR in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Increasing demand for glacial methacrylic and rising demand from various end- users are factor for the growth.
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- Growth in industries such as automobile and electronic will drive the market growth
- Increasing construction activities worldwide will also propel growth
- Rising investment in R&D of glacial methacrylic acid will also accelerate market growth
- Increasing disposable income is also enhancing the market growth
- High cost of the product will restrain market growth
- Less storage span of glacial methacrylic acid will also restrict the market growth
Leading Key players profiled in this report are:
Few of the major competitors currently working in the global methacrylic acid market are Dow, BASF SE, Evonik Industries, Formosa Korea, KURARAY CO., LTD., LG Chem., MITSUBISHI GAS CHEMICAL COMPANY, INC., DHALOP CHEMICALS, Parchem fine & specialty chemicals., Polymers Enterprises, AECOCHEM, Central Drug House, Shree Chemicals., Petrochemicals Europe, Tokyo Chemical Industry Co., Ltd., KH Chemicals, Kowa India Pvt.Ltd, Biesterfeld AG, TWI Ltd., DIOCHEM, and other.
Global Methacrylic Acid Market Segmentation:
- Textile Formulations
- Paints and Coatings
- Paper Manufacture
- Liquid Products
- Glacial Products
- North America
- South America
Global methacrylic acid market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of methacrylic acid market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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The Global Methacrylic Acid Market report provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading markets players within the Global Methacrylic Acid Market. The industry changing factors for the market segments are explored in this report. This analysis report covers the growth factors of the worldwide market based on end-users. Market opportunities and recommendations for new investments are also encompassed in this report.
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