According to the recent research report titled ‘Glycidyl Methacrylate Market Size By Purity , By End-Use {Manufacturing Units, Packaging Units}]), Industry Analysis Report, Regional Analysis, Application Development, Price Trends, Competitive Market Share & Forecast, 2019 – 2025’, available with Market Study Report, global glycidyl methacrylate market is expected to record a substantial growth during 2019-2025, amassing more than USD 250 million by the end of the forecast period.
 

Surging demand from packaging and paints & coatings industries, booming automotive sector, and growing electronics & electronics and construction industries are propelling global glycidyl methacrylate market growth.
 

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Elaborating on purity type, glycidyl methacrylate <97% segment amassed over USD 40 million in 2018 owing to soaring demand for several electrical equipment such as switchgears and transformers. Meanwhile, fiber treatment agent segment is anticipated to expand owing to escalating demand for high-performance polymer composites from the aerospace & automotive industries.
 

Speaking of glycidyl methacrylate >=97%, adhesives segment is projected to accrue more than USD 35.5 million by 2025, creditable to surging demand from automotive industry to reduce vehicle emission and weight. Additionally, rising hectic lifestyles and expanding middle class populace are likely to boost product demand from assembly, packaging, and construction sectors.
 

Regionally, North America glycidyl methacrylate industry is expected to gain 8.5% over the analysis period, attributable to mounting demand for flexible & printed electronics, mainly from packaging & retail sectors. Moreover, growing awareness among customers regarding convenience of wearable electronic products like watches & wrist bands is anticipated to boost regional market outlook.
 

Considering the restraining factors, strict norms and adverse health effects are hindering the industry expansion.
 

Top firms impacting global glycidyl methacrylate market trends are Haihang Industry Co. Ltd., Merck KGaA, Oswal Udhyog, Hubei Xiansheng Biotechnology, Mitsubishi Gas Chemical Company, Jindun Chemical, Zhonglan Industry Co. Ltd., Estron Chemical, Kowa American Corporation, and The Dow Chemical Company (TDCC).