Hydroxyethyl Methacrylate HEMA Market Status, Analysis [2023-2030]

Report Overview

The Global Hydroxyethyl Methacrylate HEMA Market Size was estimated at USD 389.43 million in 2023 and is projected to reach USD 657.56 million by 2030, exhibiting a CAGR of 5.00% during the forecast period.

A protective interlayer holds two sheets of glass together to form the Hydroxyethyl Methacrylate HEMA. The major hurricane barrier in impact-resistant windows is laminated glass. The windscreens of autos also employ laminated glass.

The largest market for hydroxyethyl methacrylate HEMA in 2022 was Asia Pacific. Due to expanding infrastructural development, increased auto production, and rising solar panel installations in both nations, India and China are significant markets for hydroxyethyl methacrylate (HEMA).

This study offers a comprehensive analysis of the global hydroxyethyl methacrylate HEMA market, covering all relevant areas. This includes everything from a broad market overview to specifics on the market's size, competitive environment, development trend, niche market, main market drivers, and difficulties. 

Recent Development:
• In 2021, Trinseo completes the acquisition of Arkema’s PMMA business segment. For Trinseo, the acquisition included the addition of PMMA and MMA products and technology through seven.
• In 2021, Trinseo S.A. acquired Aristech Surfaces LLC. Aristech Surfaces is a North America-based manufacturer of PMMA continuous cast and solid surface sheets.
• In 2021, Plaskolite LLC acquired Plazit-Polygal (Israel), manufacturer of engineering thermoplastic sheets. Plaskolite is expected to acquire Plazit-Polygal's operations and assets in North America, South America, and Europe.
• In 2021, Rohm GmbH built a plant with a capacity of 250,000 tons per year methyl methacrylate (MMA) on the US Gulf Coast.
• In 2021, Sumitomo Chemical planned to construct a pilot facility for recycling acrylic resin at Niihama City, Japan. The project is expected to be completed in 2022.
• In 2018, Mitsubishi Chemical Corporation in joint venture with Saudi Basic Industries Corporation commences the production plant for methyl methacrylate monomers and polymethyl methacrylate (PMMA) in Saudi Arabia.
• In 2018, Plaskolite LLC acquired Covestro US polycarbonate sheet manufacturing business. The acquisition is expected to expand the company’s business in North America.

Competitive Landscape and Hydroxyethyl Methacrylate HEMA Market Share Analysis

Competitive landscape of Hydroxyethyl Methacrylate HEMA market provides details by competitors. Details included include company overview, company finances, revenue, market potential, R&D investments, new market initiatives, global footprint, manufacturing locations and facilities, manufacturing capabilities, company strengths and weaknesses, It includes product launches, product Width and breadth, and application advantages. The above data points are solely related to the company's focus on the Hydroxyethyl Methacrylate HEMA market.

What's New for 2022?
• Global competitiveness and market share of key competitors
• Market presence in multiple regions – strong/active/niche/minor
Interactive online peer-to-peer collaborative custom updates
• Access to digital archives and research platforms
• 1 year of free updates

Key questions answered in this research report:
At what pace is Hydroxyethyl Methacrylate HEMA market growing? What will be the growth trend in the future?
What are the key drivers and restraints in Hydroxyethyl Methacrylate HEMA market? What will be the impact of drivers and restraints in the future?
What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the Hydroxyethyl Methacrylate HEMA market?
Which product generated maximum revenues in 2022 and identify the most promising product during the forecast period?
What is the various end-user of Hydroxyethyl Methacrylate HEMA market and how they are poised to grow?
What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Research Methodology