According to our (Global Info Research) latest study, the global 2-Hydroxyethyl Methacrylate market size was valued at USD 630.7 million in 2022 and is forecast to a readjusted size of USD 783.6 million by 2029 with a CAGR of 3.1% during review period.
2-Hydroxyethyl Methacrylate (abbreviated as HEMA), is a colorless transparent liquid with the molecular formula of C6H10O3 and CAS number 868-77-9. HEMA is the monomer that is mainly employed to fabricate acrylic resin, acrylic coatings, textile agent, adhesive and the additive of decontaminating and lubricant.
The global 2-Hydroxyethyl Methacrylate industry has a rather high concentration. The major manufacturers are concentrated in United States, Europe, China and Japan, such as Mitsubishi Rayon, Evonik, Dow, Geo and Nippon Shokubai. At present, Mitsubishi Rayon is the world leader, holding 22% production market share.
The global 2-Hydroxyethyl Methacrylate consumption market is led by United States and United States is the largest region consumption market, accounting for about 29% of global consumption of 2-Hydroxyethyl Methacrylate.
2-Hydroxyethyl Methacrylate downstream is wide and recently 2-Hydroxyethyl Methacrylate has acquired increasing significance in various fields of Coatings, Reactive Resins, Adhesives, and others. Globally, the 2-Hydroxyethyl Methacrylate market is mainly driven by growing demand for Coatings and Reactive Resins. Coatings and Reactive Resins accounts for nearly 67% of total downstream consumption of 2-Hydroxyethyl Methacrylate in global.
2-Hydroxyethyl Methacrylate can be mainly divided into 93%≤Purity<97%, 97%≤Purity<99% and 99%≤Purity which 97%≤Purity<99% captures about 49% of 2-Hydroxyethyl Methacrylate market.
The Global Info Research report includes an overview of the development of the 2-Hydroxyethyl Methacrylate industry chain, the market status of Coatings (93%--97%, 97%--99%), Reactive Resins (93%--97%, 97%--99%), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of 2-Hydroxyethyl Methacrylate.
Regionally, the report analyzes the 2-Hydroxyethyl Methacrylate markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global 2-Hydroxyethyl Methacrylate market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the 2-Hydroxyethyl Methacrylate market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the 2-Hydroxyethyl Methacrylate industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (MT), revenue generated, and market share of different by Purity (e.g., 93%--97%, 97%--99%).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the 2-Hydroxyethyl Methacrylate market.
Regional Analysis: The report involves examining the 2-Hydroxyethyl Methacrylate market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the 2-Hydroxyethyl Methacrylate market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to 2-Hydroxyethyl Methacrylate:
Company Analysis: Report covers individual 2-Hydroxyethyl Methacrylate manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards 2-Hydroxyethyl Methacrylate This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Coatings, Reactive Resins).
Technology Analysis: Report covers specific technologies relevant to 2-Hydroxyethyl Methacrylate. It assesses the current state, advancements, and potential future developments in 2-Hydroxyethyl Methacrylate areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the 2-Hydroxyethyl Methacrylate market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
2-Hydroxyethyl Methacrylate market is split by Purity and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Purity, and by Application in terms of volume and value.
Market segment by Purity
93%--97%
97%--99%
Above 99%
Market segment by Application
Coatings
Reactive Resins
Adhesives
Others
Major players covered
Mitsubishi Chemical
Dow
Röhm GmbH
Geo
Nippon Shokubai
MGC
Sanlian Chem
Anhui Renxin
Shandong Xinglu Biological Technology
Hickory
Wanhua Chemical
Fangda Chem
Hechuang Chem
Sanmu Group
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe 2-Hydroxyethyl Methacrylate product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of 2-Hydroxyethyl Methacrylate, with price, sales, revenue and global market share of 2-Hydroxyethyl Methacrylate from 2018 to 2023.
Chapter 3, the 2-Hydroxyethyl Methacrylate competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the 2-Hydroxyethyl Methacrylate breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Purity and application, with sales market share and growth rate by purity, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and 2-Hydroxyethyl Methacrylate market forecast, by regions, purity and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of 2-Hydroxyethyl Methacrylate.
Chapter 14 and 15, to describe 2-Hydroxyethyl Methacrylate sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on 2-Hydroxyethyl Methacrylate . Industry analysis & Market Report on 2-Hydroxyethyl Methacrylate is a syndicated market report, published as Global 2-Hydroxyethyl Methacrylate Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of 2-Hydroxyethyl Methacrylate market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.