Market analysis of glycidyl methacrylate (GMA)

Global market value of glycidyl methacrylate (GMA) will exceed US$135 million in 2018 and its demand will exceed 40,000 tons annually by 2025, according to a new research report.

Because of the increasing demand for Polymer applications in consumer goods, electronic appliances, construction and other fields, the development of GMA market has been promoted. Compatibility of GMA with other monomers makes polymer products have good hardness, strength, Water resistance, solvent resistance, heat resistance and other coatingol.com online. With the increasing pressure of environmental protection, the increasing consumption demand in the fields of BIO-based plastics and medical equipment will further promote the development of GMA industry.

GMA demand is obvious because food, beverage, e-commerce and other industries require more and more adhesives and sealants for packaging materials. By 2025, the global market value of adhesives and sealants will exceed $80 billion. It is worth noting that lightweight automobiles and aircraft are increasingly favored, impelling R&D innovation, thus promoting the development of green environmental protection adhesives, and also driving the development of GMA market. It is worth noting that the increasingly stringent regulations on product use, sales and labeling have an impact on the market growth of GMA. Because GMA has the risk of damage to human organs and reproductive system such as eyes and skin, EU CLP regulations classify GMA as a high-risk hazardous substance. FDA Federal Regulations stipulate that GMA adhesives can be used in the field of food packaging by shielding technology to separate GMA from food without exceeding the risk limit. Nevertheless, some companies are committed to R&D and innovation, improving their safety performance and capacity to meet customer needs, which plays a role in promoting overall demand.

From the perspective of application field, the market value of GMA with 97% purity in 2018 is more than 40 million US dollars, which is mainly due to the increasing demand for high-performance polymer fibers in the national defense and aviation industries. GMA can improve the compressive strength, tensile strength and modulus of elasticity of polymer fibers, making them ideal raw materials. In addition, the textile industry's demand for polypropylene fibers is also one of the factors promoting the development of GMA market.

In the field of coating, the demand for < 97% purity GMA will exceed 9.5% in the next few years. GMA, as a raw material of coatings, can be used in the manufacture of automotive top coatings and water-borne resins. It can improve the gloss, hardness, weatherability and adhesion of coatings. It is worth mentioning that the booming logistics industry, aviation industry, shipbuilding industry and so on will promote the development of GMA market.

In the field of medical health and public health, GMA will play an important role in the chemical modification of polymer fibers due to the increasing demand for GMA application in this field by 2025. It can strengthen the structure of materials in the field of construction to prevent shrinkage and cracking of materials. Therefore, GMA is needed in these fields. Hope to increase. In the field of printing ink, & gt; = 97% purity GMA demand is estimated to exceed $7.5 million. GMA gives polyamide oligomers excellent solubility in active diluents during the production of photo-curable ink. In addition, digital printing, population growth, urbanization and other factors will also promote the development of GMA market.

In the field of antistatic additives, >, =97% purity GMA is mainly used in automobile seat, furniture, mattress and other antistatic polyurethane foam materials, the demand for more than 7.5%. GMA can improve the conductivity of polymer and reduce its surface charge. It is an ideal raw material for plastic manufacturing. In addition, the increasing demand for resins and plastics in packaging industry also promotes the development of GMA market.

In the field of packaging, stimulated by the increasing demand of medical, retail and food industries, the demand of 97% purity GMA is estimated to exceed 40 million US dollars in 2018. GMA can improve the copolymerization performance of non-aqueous or water-based solutions, thereby improving the applicability of its re-packaging materials. In addition, the strong trend of e-commerce industry will drive the development of packaging industry.

Looking from the market area, the North American market with the main characteristics of the United States, Canada and Mexico will account for more than 8.5% by 2025, and the electronics and electrical appliances and construction industry in North America will be the main application area of GMA. The value of GMA in the European market characterized by France, Britain and Germany in 2018 is more than US$22.5 million, which is mainly used in automotive top coatings. It is noteworthy that the development of hybrid electric vehicles in Europe is an important factor to promote the development of GMA market. The market value of GMA in the Asia-Pacific market characterized by China, India and Japan will exceed US$100 million by 2025. The main factors related to GMA market are the change of people's dietary habits and lifestyle, which makes the demand for food packaging increase significantly.

The main companies involved in GMA market in the world include Dow Chemicals, Mitsubishi Gas Chemical, Jindun Chemical, Hubei Xiansheng Biotechnology, Estron Chemical, Zhonglan Industry and so on.