The chemical family of methacrylate initially discovered during the 19thcentury was commercially manufactured in the first half of the 20th century. Versatile properties make methacrylate monomers the product of choice for a variety of applications. There are majorly two types of methacrylate: basic commodity methacrylates and application/specialty methacrylates. Against the basic commodity monomers, specialty monomers are used in small quantities to improve the functionality and performance of end products.
The Specialty Methacrylate Market is expected to reach $2.91 billion by 2028, at a CAGR of 4.1% during the forecast period of 2021 to 2028.
Here are the Top Consumers of Specialty Methacrylate :
Henkel AG & Co. KGaA
Founded in 1876 and headquartered at Düsseldorf, Germany; Henkel AG & Co. KGaA is engaged in the manufacturing and distributing home & beauty care products and provides adhesive solutions. It operates through three business segments: Laundry & Home Care, Beauty Care, and Adhesive Technologies. The adhesive technology market caters automotive & transportation, building, construction & furniture, craftsmen & professionals, electronics, energy & utilities, medical, hygiene & drug delivery, metal processing, and packaging & paper industry. This segment offers adhesives, sealants, and surface treatment products based on methacrylate monomer as one of the raw materials.
Geographically, Henkel has operations in more than 130 countries across North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
H.B. Fuller Company
Founded in 1887 and headquartered at Minnesota, U.S; H.B. Fuller Company is a major American adhesives manufacturing company supplying industrial adhesives worldwide. H.B. Fuller Company is a global formulator, manufacturer, and marketer of adhesives and other specialty chemical products. The company manages their business through five operating segments: Americas Adhesives, EIMEA (Europe, India, Middle East and Africa), Asia Pacific, Construction Products, and Engineering Adhesives. The Americas Adhesives, EIMEA, and Asia Pacific operating segments manufacture and supply adhesive products for the assembly, packaging, converting, and hygiene, performance wood, flooring, textile, flexible packaging, graphic arts, and envelope markets.
The Company provides methacrylate based adhesives through the recently acquired players such as Cyberbond, L.L.C. and Royal Adhesives & Sealants respectively in 2016 and 2018. In addition, in July 2013, The company has also received a U.S. patent (8,211,521 B2) for the hot melt adhesive comprising thermoplastic polymer prepared form materials such as ethylene vinyl acetate, ethylene n-butyl acrylate, ethylene methyl-methacrylate, ethylene ethyl methacrylate, ethylene 2-ethylhexyl acrylate, ethylene methacrylate, ethylene ethylacrylate and ethylene acrylic acid. Geographically H.B. Fuller operates in North America, EIMEA, and Asia-Pacific
Founded in 1910 and headquartered in Baar, Switzerland; Sika AG is a specialty chemical company engaged in manufacturing and supplying various products for bonding, sealing, damping, reinforcing, and protecting in the building sector and the motor vehicle industry.The Company also provides a range of technologies used for waterproofing, including flexible membrane systems, liquid applied membranes, waterproofing admixtures for mortars, joint sealants, waterproofing mortars, injection grouts, and coatings for use in various markets. It serves automobile and commercial vehicle assembly, automotive aftermarket, marine vessels, industrial lamination, renewable energies, and facade engineering industries. The company offers a wide range of methacrylate based adhesives, sealants, and flooring solutions for industrial assembly, construction, and industrial flooring applications.
Sika has a strong geographic presence across EMEA, North America, Asia-Pacific, and Latin America through its subsidiaries located in 97 countries and over 190 manufacturing factories worldwide.
Founded in 1951 and headquartered at Mainhausen, Germany; Silikal GmbH is engaged in the development and manufacture of floorings, floor coatings, and industrial floors based on synthetic and reactive resins forautomotive industry, heavy industry, pharmaceutical or handicraft industry, food or semi luxury food industry, textile, meat industry, beverage industry, car parks or garage, precision mechanics, and dairy. The Company offers mortar systems, methacrylate reactive resins, and methacrylate monomer resin based floor coatingsolutions.
The Company has a strong geographic presence in Europe, Central and South America, Asia Pacific, Middle East, and Africa.
Founded in 1902 and headquartered at Minnesota, U.S.; 3M Company is a diversified technology company with a global presence in the following businesses: Industrial, Safety andGraphics, Health Care, Electronics and Energy, and Consumer.The Company serves automotive, electronics & automotive electrification, appliance, paper & printing, packaging, food & beverage, construction, medical clinics & hospitals, pharmaceuticals, dental & orthodontic practitioners, health information systems, food manufacturing & testing, consumer & office retail, office business to business, home improvement, drug & pharmacy retail, and other markets. The acrylic adhesives are used in industrial adhesives and tapes.
With a strong network of its subsidiaries and distributors, the geographic presence of the company is in Africa, Asia, Central America, Europe, Middle East, North America, Oceania, and South America.
A report into the projected growth of the current Specialty Methacrylate Market by Meticulous Research® has produced some incredible forecasts for the industry. By 2028, it’s expected to have grown at a CAGR of 4.1%, reaching over $2.91 billion.
Founded in 1970 and headquartered at Texas, U.S.; Huntsman Corporation is an American multinational manufacturer and marketer of specialty and differentiated chemical products for consumers and industrial customers. The Company operates through five segments: Polyurethanes, Performance Products, Advanced Materials, Textile Effects, and Pigments & Additives. Huntsman operating companies offers a variety of global products for various industries including chemicals, plastics, automotive, aviation, footwear, paints and coatings, construction, technology, agriculture, health care, textiles, detergent, personal care, furniture, appliances and packaging. Huntsman Advanced Materials offers a complete range of high performance adhesives for the industrial and consumer markets under the Araldite brand.
Geographically, Huntsman has more than 100 manufacturing and R&D facilities in approximately 30 countries including North America, Europe, the Middle East, Asia and Australia.
RPM International Inc.
Founded in 1947 and headquartered at Ohio, U.S.; RPM International Inc. is engaged in manufacturing and marketing of paints, coatings, adhesives, sealants and specialty chemicals, building materials, and related services. The company operates through three reportable segments namely Consumer, Specialty, and Industrial. The company has around 139 manufacturing facilities in 27 countries and offers specialty methacrylate-based products under Construction Sealants and Chemicals category through Industrial business segment. The company manufacturers &distributes methacrylate monomer resin-based Bridge Deck Waterproofing Systems through its subsidiary namely RPM Belgium Vandex Group.
With its subsidiaries and strong network of distribution, the company sells their products in approximately 170 countries and territories. The subsidiaries of the company are RPM Belgium Vandex Group, Tremco Incorporated, Carboline Co, StonCor Group Inc., and others.
Founded in 1926 and headquartered at Sandefjord, Norway; Jotun Group is divided into seven regions responsible for the sale of decorative paints and marine, protective and powder coatings. The company operates through four reportable segments namely decorative paints, marine coatings, powder coatings, and protective coatings. The company offers specialty methacrylate based products under antifouling category through Marine Coatings business segment to serve newbuilding and dry-dock / maintenance markets.
With its subsidiaries and strong network of distribution, the company sells its products in approximately 100 countries across the world. The subsidiaries of the company are Jotun Paints (Europe), Jotun Powder Coatings (Thailand) Ltd., and others.
Kansai Paint Co., Ltd.
Founded in 1918 and headquartered at Osaka, Japan; Kansai Paint Co., Ltd. is dealing with manufacturing and selling of all types of paints and coating equipment. The company operates through various business segments namely Automotive, Auto Refinish, Industrial, Decorative, Marine & Protective, and other paints. The company offers specialty methacrylate-based products through Marine and Protective business segment. The company delivers these products that are based on silyl acrylate technology through its subsidiary namely Kansai Paint Marine Co., Ltd., for serving antifouling coating market. This company is also taken an initiative for the development of silyl methacrylate binder in the recent years. From last 5 years, the company is getting benefits from Takara Quantum, due to its performance in antifouling coatings.
With its subsidiaries and strong network of distribution, the company has its presence across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The key subsidiaries of the company are Kansai Nerolac Paints, Freeworld Coatings Ltd., and Kansai Plascon (Pty) Ltdamong others.
Founded in 1866 and headquartered at Ohio, U.S.; Sherwin-Williams Company is engaged in distributing and selling of paint, coatings, and related products to professionals, industrials, and other customers. The company offers products through three business segments namely The Americas Group, the Consumer Brands Group, and the Performance Coatings Group. The company provides specialty methacrylate-based products through Sher-Endure or methyl methacrylate (MMA) trademark. These products are based on plural component technology. These are applicable for concrete substrates, in high-traffic areas, and on rural roads. The company serves pavement marking solutions or traffic marking solutions market.
With its subsidiaries and strong network of distribution, the company has its presence across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Popular Mentions: Xyntra Chemicals B.V., Ashland Global Holdings Inc., and Hempel A/S,
Authoritative Research on the Specialty Methacrylate Market – Global Opportunity Analysis and Industry Forecast (2021-2028)
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