India Methacrylate Monomers Market Forecast 2027 - Overall Growth & Opportunities
- varunkpdelhi
- Jun 15, 2023
- 3 min read
India methacrylate monomers market is projected to grow at a robust rate during the forecast period, 2024-2028. The market growth can be attributed to the high R&D activity by manufacturers and the growing use of methacrylate monomers in signboards and displays for advertising.
The Important Elements of India Methacrylate Monomers Market
Besides, increasing demand for methacrylate monomers in end-use industries such as automotive, construction, architecture, electronics, etc. is anticipated to boost the growth of the market. Additionally, rising demand for acrylic resins in products such as instrument clusters and taillights for cars and trucks and the growing application of methacrylate monomers as binders for concrete mixtures, reactive road making, industrial flooring, etc. Other macroeconomic factors such as a surge in disposable income, technological upgrades, and spurring a rise in the original equipment manufacturers are fuelling India methacrylate monomers market.
India methacrylate monomers market is segmented on the basis of derivatives, application, end-use industry, application, and region. Based on derivatives, the market is divided into methyl methacrylate, butyl methacrylate, ethyl methacrylate, 2-hydroxyethyl methacrylate, allyl methacrylate, glycidyl methacrylate, cyclohexyl methacrylate, stearyl methacrylate and lauryl methacrylate.
The methyl methacrylate segment is expected to dominate India methacrylate monomers market, owing to their wide use in tail-lights, instrument clusters, and other electronic components. Besides, high demand for various commercial vehicles, owing to a surge in logistic operations. Based on the end-user industry, the market is divided into architecture & construction, advertisement & communication, electronics, automotive and others. The automotive segment is leading the market, owing to the widespread use of methacrylate monomers for automotive glazing.
Based on application, the India methacrylate monomers market is divided into acrylic sheets, moulding, paints & coatings, additives, and others. The moulding segment is anticipated to dominate the market, owing to the increasing demand for acrylic resins in end-user products like tail-lights of trucks and cars and the segment is expected to maintain its dominance over the next five years.
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Some of the leading players in the India methacrylate monomers market
Nippon Shokubai
Mitsubishi Chemical
Sumitomo Chemical
BASF
Eastman Chemical Company
LG Chem
The DOW Chemical Company
Evonik Industries,
Arkema
Hitachi Chemical, etc.
Attribute
Details
Historic Data
2017 – 2020
Estimated Year
2022
Forecast Period
2023 – 2027
Quantitative Units
Revenue in USD Million, Volume in Units, CAGR for 2017-2021 and 2022-2027
Report coverage
Revenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends
Segments covered
· By Derivatives
· By Application
· By End-use industry
Region scope
North Region, South Region, East Region, West Region
Key companies profiled
Nippon Shokubai, Mitsubishi Chemical, Sumitomo Chemical, BASF, Eastman Chemical Company, LG Chem, The DOW Chemical Company, Evonik Industries, Arkema, Hitachi Chemical
Customization scope
10% free report customization with purchase. Addition or alteration to regional & segment scope.
Pricing and purchase options
Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
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Report Scope:
In this report, India Methacrylate Monomers Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
India Methacrylate Monomers Market, By Derivatives:
Methyl Methacrylate
Butyl Methacrylate
Ethyl Methacrylate
2-Hydroxyethyl Methacrylate
Allyl Methacrylate
Glycidyl Methacrylate
Cyclohexyl Methacrylate
Stearyl Methacrylate
Lauryl Methacrylate
India Methacrylate Monomers Market, By Application:
Acrylic Sheets
Moulding
Paints & Coatings
Additives
Others
India Methacrylate Monomers Market, By End-Use Industry:
Architecture & Construction
Advertisement & Communication
Electronics
Automotive
Others
India Methacrylate Monomers Market, by Region:
North Region
South Region
East Region
West Region
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in India methacrylate monomers market.
Table of Content
Product Overview
Research Methodology
Impact of COVID-19 on India Methacrylate Monomers Market
Executive Summary
Voice of Customers
5.1.1. Brand Awareness
5.1.2. Brand Satisfaction
5.1.3. Factors Influencing Purchase Decisions
India Methacrylate Monomers Production Overview
India Methacrylate Monomers Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Derivatives (Methyl Methacrylate, Butyl Methacrylate, Ethyl Methacrylate, 2-Hydroxyethyl Methacrylate, Allyl Methacrylate, Glycidyl Methacrylate, Cyclohexyl Methacrylate, Stearyl Methacrylate, Lauryl Methacrylate)
7.2.2. By Application (Acrylic Sheets, Moulding, Paints & Coatings, Additives and Others)
7.2.3. By End-Use Industry (Architecture & Construction, Advertisement & Communication, Electronics, Automotive and Others)
7.2.4. By Company
7.2.5. By Region
7.3. Market Attractiveness Index
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