Lauryl Methacrylate Market Global Industry Analysis and Forecast Till 2025

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Lauryl Methacrylate Market: Overview

Lauryl Methacrylate is a water insoluble, low volatility, monofunctional methacrylate monomer with a long, hydrophobic side chain.The monomer can be polymerized under the influence of heat, light, ionic, or high energy mechanisms. Lauryl methacrylate forms homopolymers and copolymers. Copolymers of lauryl methacrylate can be prepared with acrylic acid and its salts, amides and esters, and methacrylate, acrylonitrile, maleic acid esters, vinyl acetate, vinyl chloride, vinylidene chloride, styrene, butadiene, unsaturated polyesters, drying oils, etc. It readily undergoes addition reactions with a wide variety of organic and inorganic compounds. Hence, it is considered a useful feedstock in the chemical industry. Lauryl methacrylate is used to impart properties such as adhesion, low shrinkage, flexibility, weather ability, water resistance, hydrophobicity, and improved impact strength to polymers.

Lauryl methacrylate is widely used as feedstock in the chemical industry. It can be polymerized with each other and copolymerized with other monomers to produce polymers with optimal properties. Acrylic Resins, Adhesives & Sealants, Architectural Coatings, Automotive & Industrial Coatings, Composites, Polyester Resins, UV Cured Systems, Wood & Leather Finishes These unique chemical properties and usage in wide end-use industries are expected to drive the lauryl methacrylate market during the forecast period.

Lauryl Methacrylate Market: Key Segments

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Based on application, the lauryl methacrylate market can be segmented into oil additives as flow improver, in floor waxes, textile and metal coatings, varnishes, adhesives, low temperature caulks and sealants, and others. Lauryl Methacrylate is incorporated as co-monomer in paint resins, elastomers and plastics. It is used as a stabilizer in non-aqueous dispersions and inks. Lauryl methacrylate is also used in electronics and encapsulated products, or as chemical intermediate.

Based on end-use industry, the lauryl methacrylate market can be divided into paints, coatings and adhesives industry, electrical & electronics industry, chemical industry, and others. Lauryl methacrylate is used in various applications in the chemical industry.  Lauryl methacrylate is widely used in chemical synthesis. It is also an intermediate in various reactions.

In terms of geography, the lauryl methacrylate market can be split into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America and Europe are key regions of the lauryl methacrylate market in terms of value. Asia Pacific is a rapidly expanding region of the lauryl methacrylate market. The lauryl methacrylate market in Latin America and Middle East & Africa is anticipated to expand at a rapid pace during the forecast period.

Lauryl Methacrylate Market: Key Players

Key players operating in the lauryl methacrylate market are BASF SE, DowDuPont Inc, Arkema Group, Geo Specialty Chemicals, Inc., Basic Acrylic Monomer Manufacturers, Inc., and Solvay S.A.

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on: Market segments and sub-segments Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological breakthroughs Value chain and stakeholder analysis

The regional analysis covers: North America (U.S. and Canada) Latin America (Mexico, Brazil, Peru, Chile, and others) Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg) Eastern Europe (Poland and Russia) Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand) Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report: A complete backdrop analysis, which includes an assessment of the parent market Important changes in market dynamics Market segmentation up to the second or third level Historical, current, and projected size of the market from the standpoint of both value and volume Reporting and evaluation of recent industry developments Market shares and strategies of key players Emerging niche segments and regional markets An objective assessment of the trajectory of the market Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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