Glycidyl methacrylate (GMA) is an ester of methacrylic acid and glycidol. It is a common monomer used in the production of epoxy resins. GMA is also a high purity, dual functionality monomer ideally suited for coating and resin applications. The Glycidyl Methacrylate market has been expanding at a significant pace primarily due to the growth in polymer and adhesives industries. Epoxies contain diglycidyl ether of bisphenol A (DGEBA), while GMA is used to provide epoxy functionalization to polyolefins and other acrylate resins.
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Glycidyl Methacrylate (GMA) Market Summary
According to the new market research report “Glycidyl Methacrylate (GMA) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Glycidyl Methacrylate (GMA) market size is projected to reach USD 29 million by 2029, at a CAGR of 5.0% during the forecast period.
- Global Glycidyl Methacrylate (GMA) MarketSize(US$ Million), 2018-2029
Source: QYResearch, "Glycidyl Methacrylate (GMA) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Market Drivers:
Growing requirements for polymers from the consumer goods, electronics, and building & construction industries should stimulate glycidyl methacrylate market growth.
Improving Marketing Channels.
Innovation Technologies and Cooperate Clients.
Restraint:
With the continuous strengthening of the government's environmental protection efforts, stricter environmental protection standards may be issued in the future, and higher environmental protection requirements will be imposed on chemical production enterprises, resulting in an increase in the cost of environmental protection in the short term.
With the increasingly fierce competition in the industry, the competition for core technical talents by competitors in the industry will also intensify.
In order to maintain a competitive advantage, we must continue to maintain strong product development capabilities. However, the continuous innovation of new product development and process is restricted by various objective conditions.
Opportunity:
Demand Growth: Growing requirements for polymers from the consumer goods, electronics, and building & construction industries should stimulate glycidyl methacrylate market growth.
Continuous innovation: Technological innovations have an important role in driving the growth of the market. To sustain in the competitive market, vendors should develop new ideas and technologies and stay up-to-date with the advanced technologies.
International cooperation, Industry integration: Inter-enterprise cooperation, acquisitions and restructuring, opening new factories in low labor cost areas, etc.
- Global Glycidyl Methacrylate (GMA) Top10Players Ranking and Market Share(Continually updated)
Source: QYResearch, "Glycidyl Methacrylate (GMA) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
According to QYResearch Top Players Research Center, the global key manufacturers of Glycidyl Methacrylate (GMA) include Dow Chemicals, Mitsubishi Gas Chemical (MGC), etc. In 2022, the global top three players had a share approximately 67.0% in terms of revenue.
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