India methacrylate monomers market is projected to grow at a robust rate during the forecast period, 2024-2028. The market growth can be attributed to the high R&D activity by manufacturers and the growing use of methacrylate monomers in signboards and displays for advertising.
The Important Elements of India Methacrylate Monomers Market
Besides, increasing demand for methacrylate monomers in end-use industries such as automotive, construction, architecture, electronics, etc. is anticipated to boost the growth of the market. Additionally, rising demand for acrylic resins in products such as instrument clusters and taillights for cars and trucks and the growing application of methacrylate monomers as binders for concrete mixtures, reactive road making, industrial flooring, etc. Other macroeconomic factors such as a surge in disposable income, technological upgrades, and spurring a rise in the original equipment manufacturers are fuelling India methacrylate monomers market.
India’s methacrylate monomers market is segmented on the basis of derivatives, application, end-use industry, application, and region. Based on derivatives, the market is divided into methyl methacrylate, butyl methacrylate, ethyl methacrylate, 2-hydroxyethyl methacrylate, allyl methacrylate, glycidyl methacrylate, cyclohexyl methacrylate, stearyl methacrylate and lauryl methacrylate.
The methyl methacrylate segment is expected to dominate India’s methacrylate monomers market, owing to their wide use in tail-lights, instrument clusters, and other electronic components. Besides, high demand for various commercial vehicles, owing to a surge in logistic operations. Based on the end-user industry, the market is divided into architecture & construction, advertisement & communication, electronics, automotive and others. The automotive segment is leading the market, owing to the widespread use of methacrylate monomers for automotive glazing.
Based on application, the India methacrylate monomers market is divided into acrylic sheets, moulding, paints & coatings, additives, and others. The moulding segment is anticipated to dominate the market, owing to the increasing demand for acrylic resins in end-user products like tail-lights of trucks and cars and the segment is expected to maintain its dominance over the next five years.
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Some of the leading players in the Indian methacrylate monomers market
- Nippon Shokubai
- Mitsubishi Chemical
- Sumitomo Chemical
- BASF
- Eastman Chemical Company
- LG Chem
- The DOW Chemical Company
- Evonik Industries,
- Arkema
- Hitachi Chemical, etc.
| Attribute | Details |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, Volume in Units, CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends |
| Segments covered | · By Derivatives· By Application· By End-use industry |
| Region scope | North Region, South Region, East Region, West Region |
| Key companies profiled | Nippon Shokubai, Mitsubishi Chemical, Sumitomo Chemical, BASF, Eastman Chemical Company, LG Chem, The DOW Chemical Company, Evonik Industries, Arkema, Hitachi Chemical |
| Customization scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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Report Scope:
In this report, Indian Methacrylate Monomers Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- India Methacrylate Monomers Market, By Derivatives:
- Methyl Methacrylate
- Butyl Methacrylate
- Ethyl Methacrylate
- 2-Hydroxyethyl Methacrylate
- Allyl Methacrylate
- Glycidyl Methacrylate
- Cyclohexyl Methacrylate
- Stearyl Methacrylate
- Lauryl Methacrylate
- Indian Methacrylate Monomers Market, By Application:
- Acrylic Sheets
- Moulding
- Paints & Coatings
- Additives
- Others
- India Methacrylate Monomers Market, By End-Use Industry:
- Architecture & Construction
- Advertisement & Communication
- Electronics
- Automotive
- Others
- India Methacrylate Monomers Market, by Region:
- North Region
- South Region
- East Region
- West Region
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in India methacrylate monomers market.
Table of Content
Product Overview
- Research Methodology
- Impact of COVID-19 on India Methacrylate Monomers Market
- Executive Summary
- Voice of Customers
5.1.1. Brand Awareness
5.1.2. Brand Satisfaction
5.1.3. Factors Influencing Purchase Decisions
- India Methacrylate Monomers Production Overview
- India Methacrylate Monomers Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Derivatives (Methyl Methacrylate, Butyl Methacrylate, Ethyl Methacrylate, 2-Hydroxyethyl Methacrylate, Allyl Methacrylate, Glycidyl Methacrylate, Cyclohexyl Methacrylate, Stearyl Methacrylate, Lauryl Methacrylate)
7.2.2. By Application (Acrylic Sheets, Moulding, Paints & Coatings, Additives and Others)
7.2.3. By End-Use Industry (Architecture & Construction, Advertisement & Communication, Electronics, Automotive and Others)
7.2.4. By Company
7.2.5. By Region
7.3. Market Attractiveness Index