Market analysis of glycidyl methacrylate (GMA)

According to a new research report, the global market value of glycidyl methacrylate (GMA) will exceed $135 million in 2018, and its demand will exceed 40000 tons per year by 2025 Due to the increasing application demand of polymers in consumer goods, electronic appliances, construction and other fields, GMA market has been promoted GMA is compatible with other monomers to make polymer products have good hardness, strength, water resistance, solvent resistance, heat resistance, etc With the increasing pressure of environmental protection, the growing consumer demand in the field of bio based plastics and medical equipment will further promote the development of GMA industry As the food, beverage, e-commerce and other industries require more and more adhesives and sealers for packaging materials, GMA demand is obvious By 2025, the global market value of adhesives and sealers will exceed US $80 billion It is worth noting that lightweight vehicles and aircrafts are increasingly favored, which forces R & D innovation, thus promoting the development of green adhesives, and also driving the development of GMA market It is worth noting that the increasingly strict laws and regulations in the use, sales and identification of products have an impact on the market growth of GMA As GMA has the risk of harm to human organs and reproductive system, such as eyes, skin, etc., it is classified as high-risk hazardous substances by EU CLP regulations FDA federal regulations stipulate the use conditions of GMA adhesive in the field of food packaging: separate GMA from food by shielding technology without exceeding the risk limit Nevertheless, some companies are committed to R & D innovation, improving their safety performance and production capacity to meet customer demand, which also plays a role in promoting the overall demand From the perspective of application field, the estimated demand for GMA of 97% purity in 2018 is more than US $7.5 million In the production process of UV curing ink, GMA gives polyamide oligomer excellent solubility in active diluent 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 applied to antistatic polyurethane foam materials such as car seats, furniture, mattresses and so on The demand is more than 7.5% GMA can improve the conductivity and reduce the surface charge of polymer, which is an ideal material for plastic manufacturing In addition, the increasing demand for resins and plastics in the packaging industry also promotes the development of GMA market In the field of packaging, stimulated by the continuous increase of demand in the medical, retail and food industries, the demand for > = 97% purity GMA in 2018 is estimated to exceed US $40 million GMA can improve the copolymerization performance of non-aqueous or aqueous solutions, so as to improve the applicability of its repackaging materials In addition, the strong trend of e-commerce industry will drive the development of packaging industry From the perspective of market regions, the North American market characterized by the United States, Canada and Mexico will account for more than 8.5% by 2025 The electronic and electrical equipment and construction industry in North America is the main application field of GMA In 2018, GMA of European market with France, Britain and Germany as its main characteristics was valued at more than US $22.5 million, which was mainly used for automotive topcoat base materials It is worth noting that the development of hybrid vehicles in Europe is an important factor to promote the development of GMA market By 2025, the market value of GMA in Asia Pacific market characterized by China, India and Japan will exceed 100 million US dollars The main factors related to GMA market are the change of people's eating habits and lifestyle, which makes the demand for food packaging increase significantly The main global companies involved in GMA market include: Dow chemicals, Mitsubishi Gas Chemical, Jindun chemical, Hubei Xiangsheng biotechnology, eston chemical, Zhonglan industry, etc.