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. Specialty methacrylate is a salt or ester of methacrylic acid, which is used in the manufacture of certain plastics. It is used as specialty chemical in applications such as coatings, inks, paints, and adhesives. 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 Suppliers of Specialty Methacrylate
Evonik Industries AG
Founded in 2007 and headquartered at Essen, Germany; Evonik Industries AG is engaged in the manufacturing and sales of specialty chemicals. The company operates through four business segments: Nutrition & Care, Resource Efficiency, Performance Materials, and Services segments. The company operates into methacrylate monomers business through its Performance Materials segment. This segment also deals with the manufacturing and sales of performance intermediates, acrylic products, functional solutions, agrochemicals &polymer additives, and CyPlus Technologies.
The company’s VISIOMER brand offers more than 40 methacrylate monomers across the globe for range of applications. The Company primarily operates in theNorth America, Europe, Asia Pacific, Central & South America, Middle East, and Africa.
Founded in 1865 and headquartered at Germany; BASF SE is involved in the manufacturing and supplying of various products. It operates through five segments namely Chemicals, Performance Products, Functional Material and Solutions, Agriculture Solutions, and Oil and Gas. The company offers a range of methacrylate monomers through the specialty monomers product category of petrochemical division under chemicals segment. The company manufactures and markets wide range of specialty monomers, including acrylates, methacrylates and acrylamide monomers, for use in automotive and industrial coatings, construction painting, adhesives, paper manufacturing, water treatment, and personal hygiene industry.
The company has its geographic presence in Europe, North America, Asia Pacific and South America, Africa, and Middle East.
Mitsubishi Chemical Holdings Corporation
Founded in 2005 and headquartered at Tokyo, Japan; Mitsubishi Chemical Holdings Corporation is engaged in the manufacturing and marketing of various chemical products in Japan and internationally. The Company operates through four business segments which include Chemicals, Performance Products, Industrial Gases, and Healthcare. The Company offers specialty methacrylate monomers through its Industrial Materials segment.
The Company primarily operates in the Asia Pacific, North America, Europe, Latin America, and Middle East & Africa.
Nippon Shokubai Co., Ltd.
Founded in 1941 and headquartered at Osaka, Japan; NIPPON SHOKUBAI CO., LTD. is engaged in commercial production of various chemicals. The company operates through three business segments: Basic Chemicals, Functional Chemicals, and Environment and Catalysts. The Functional Chemicals segment offers specialty acrylates & methacrylates along with various other products including superabsorbent polymers, maleic anhydride & derivatives, water-soluble polymers, polymers for concrete admixture, and various resins. The Company offers wide range of products through five major divisions namely Ethylene Oxide Business, Acrylic Business, Superabsorbent Business, Performance Chemicals Business, and Catalysts & Green Energy Materials Business. Acrylic acids, Acrylates, and specialty acrylates & methacrylates (esters) are provided under acrylic business division, which is further used in paints, adhesives and tackifiers, printing ink, car paints, and golf balls.
The Company primarily operates in the North America, Europe, Singapore, Indonesia, China, Korea, Taiwan, and other Asian countries.
Founded in 2004 and headquartered at Colombes, France; Arkema Group is a manufacturer in specialty chemicals and advanced materials. The Company offers its products through 3 business segments: High Performance Materials, Industrial Specialties, and Coating Solutions. The Company produces and markets acrylic intermediate products (acids and esters) for the chemical industry and operates into specialty methacrylate business through its Sartomer division. It is a global supplier of specialty acrylates, methacrylates monomers, and oligomers for markets including specialty coatings, printing-inks, composites, flooring, electronics, adhesives, and many other high-end applications.
The Company primarily operates through North America, Europe, Asia Pacific, Oceanic, South America, Middle East, and Africa.
Meticulous Research in its latest publication on Global Specialty Methacrylate Market has predicted the growth of 4.1% during the forecast year 2021–2028.
Hitachi Chemical Co., Ltd.
Founded in 1962 and headquartered at Tokyo, Japan; Hitachi Chemical Co., Ltd. is engaged in manufacturing and saleof functional materials, and advanced components & systems. Functional materials comprise of electronics materials, inorganic materials, polymer science, and printing wiring board. Specialty acrylate/ methacrylate are provided under its polymer science materials segment.
The Company primarily operates in the Asia Pacific
Founded in 2015 and headquartered at Massachusetts, U.S.; MilliporeSigma offers a wide variety of products and solutions including analytics and sample preparation, biopharmaceutical manufacturing, industrial microbiology, IVD/OEM materials and reagents, life science research reagents, chemicals and labware, small molecule pharmaceuticals, and water purification products and services. The Company operates as a subsidiary of Merck KGaA. Merck comprises three business sectors which include Healthcare, Life Science, and Performance Materials. The methacrylate monomers are used for the biopharmaceutical manufacturing products.
In September 2014, the German company Merck KGaA announced the acquisition of Sigma-Aldrich for $17 billion. The acquisition was completed in November 2015 and Sigma-Aldrich became a subsidiary of Merck KGaA. The company is currently a part of Merck’s life science business and in combination with Merck’s earlier acquired Millipore, operates as MilliporeSigma.
The MilliporeSigma manufacturers & sales a wide range of specialty methacrylate monomers across the globe. The Company primarily operates in the North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.
Miwon Commercial Co., Ltd
Founded in 1959 as Miwon Commercial Co., Ltd and headquartered at Gyeonggi-do, South Korea; Miwon Specialty Chemical Co., Ltd. is engaged in producing and supplying basic raw materials for UV/EB curing systems. The product line includes acrylate and methacrylate monomers, oligomers, photoinitiators, and other related fine chemicals. The products are applied in wood, metal, plastic, nail art, printing inks, adhesive, electronic, optical film, and CD/DVD/Bluray.
The Company manufactures its products from 3 production plants located in South Korea and Spain; and primarily operates across the globe including North America, Europe, and Asia Pacific.
Fushun Anxin Chemical Co. Ltd.
Founded in 2005 and headquartered at Liaoning, China; Fushun Anxin Chemical Co. Ltd. is engaged in researching, producing & distributing methacrylic acid ester compounds. The Company provides high quality and competitive methacrylic acid ester monomers for coating, acrylic, printing ink, adhesives, water treatment, paper making, textiles, and oil field chemistry industries.
The Company primarily operates across Asia Pacific and European Countries.
Bimax Chemicals Ltd.
Founded in 1985 and headquartered at Pennsylvania, U.S.; Bimax Chemicals Ltd. is engaged in supplying of specialty monomers, surfactants, and other performance chemicals.The product line includes contact lenses monomers, anionic monomers, alkoxylated monomers, allyl functional monomers, maleate esters, other specialty monomers, acid chloride monomers, and polymers. Methacrylates are provided through its various product lines such as contact lenses monomers, anionic monomers, alkoxylated monomers, other specialty monomers, acid chloride monomers, and new products.
The Company primarily operates through North America, South America, and Rest of the World.
Popular Mentions: kyoeisha Chemical Co., Ltd., Shin Nakamura Chemical Co., Ltd., and GEO Specialty Chemicals, Inc.
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Authoritative Research on the Specialty Methacrylate Market – Global Opportunity Analysis and Industry Forecast (2021-2028)
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