“Global Allyl Methacrylate Market by Application (Paints & Coatings, Adhesives, Plastics, Dentistry Materials, and Other Applications), and Region/ Country – Global Forecast to 2029” is a recently created report at MarketResearch.biz. It is through in-depth research study, both primary and secondary, inputs from industry experts, as well as systematic segmentation of the market, that the research results and outcome have been presented in a systematic flow in the final report. The report presents the first five-year cumulative revenue (2020 – 2024), which is projected to be valued at around US$ 1.4 Billion, and this is projected to increase significantly over the latter part of the five-year forecast period.
AMA can be manufactured by two option; one is the alcoholysis of methyl methacrylate with allyl alcohol in the presence of hydroquinone, a polymerization inhibitor and sodium methylate; and second by esterification of acid by allyl alcohol. In these processes, hydroquinone is removed by washing or distillation with 5% sodium hydroxide. The methacrylate is synthesized by catalytic oxidation of subsequent esterification or isobutylene with the appropriate alcohol. It can also be done by reacting acetone with hydrocyanic acid and following by esterification in sulfuric acid with suitable alcohol.
Allyl Methacrylate (AMA) is a low viscosity liquid monomer with dual allylic and methacrylic functionalities, offering chemical and heat resistance, adhesion, hardness, excellent second stage cross-linking and low shrinkage. It is an ester of Methacrylic acid and is used as a raw material component in the synthesis of polymers. The ester is a monomer of dual allylic and methacrylic functionalities consisting of a methacrylate group with a characteristic high reactivity and a cyclic hydrophobic group. It forms homopolymers and copolymers which can be obtained from acrylic acid and its salts, amides, and esters, etc. The monomer is a very useful starting material for chemical synthesis since it easily undergoes addition reactions with a wide spectrum of organic and inorganic compounds.
These co-monomers are useful as cross-linking agents in plastisols and in monomer-polymer slurries such as for dental plastics. These compounds are neither toxic nor unpleasant to handle. In cross-linking and grafting, these are useful in concentrations of 2 to 20%. They are of low volatility and also have a value of polymer stabilizers against degradation and heating.
Browse the full “Global Allyl Methacrylate Market By Application (Paints & Coatings, Adhesives, Plastics, Dentistry Materials, And Other Applications), And Region/ Country – Global Forecast To 2029” report at https://marketresearch.biz/report/allyl-methacrylate-market/
Global Allyl Methacrylate Market: Dynamics
Increasing awareness regarding various benefits of Allyl Methacrylate such as adhesion, chemical resistance, heat resistance, cross-linker, low shrinkage, hardness, among other benefits is leading to higher demand and adoption of AMA from several end-use industries. This is a major factor expected to drive market growth. The industries and sectors include adhesives, paints & coatings, dentistry materials, plastics, etc.
Growing demand for polybutylene terephthalate plastics in various applications such as electrical, electronics, and automotive industries, which in turn increase demand for AMA. The unique properties of PBT such as resistance to both heat and chemicals, dimensional stability, electrical qualities, and formability, also it does not absorb flavors and blocks ultraviolet radiation. This will aid the growth of the global market to a significant extent.
- In July 2018, Saudi International Petrochemical Company (Sipchem) announced that polybutylene terephthalate plant owned by Sipchem Chemical Co. commenced commercial operations on July 01, 2018. This will help the institution to strengthen its presence in this vertical.
Allyl methacrylate is a harmful chemical and it can irritate eyes and skin of the users. This is among major factor that could negatively impact adoption of the product and limit market growth.
Global Allyl Methacrylate Market: Segmental Snapshot
The global market report is segmented on basis of application, and region/ country. The application segments include paints & coatings, adhesives, plastics, dentistry materials, and other applications. The regions/ countries covered in the analysis include Asia Pacific, US, Europe, South America, and Rest of the World.
By Application: The paints & coatings segment is expected to account for majority revenue share in the global market, and is estimated to register highest CAGR of more than 2.4% over the 10-year forecast period
By Region/ Country: The Asia Pacific market is expected to account for largest share in terms of revenue in the market. In addition, the Asia Pacific market is expected to register comparatively higher growth rate as compared to markets in other regions and countries.
Competitive Analysis: Global Allyl Methacrylate Market
The research report on the global allyl methacrylate market include profiles of some of major players such as BASF SE, Evonik, Monomer-Polymer and Dajac Labs Inc., Mitsubishi Gas Chemical, Fujifilm Wako Pure Chemical Corporation, Fushun Anxin Chemical Co. Ltd, Gelest Inc., Tokyo Chemical, Merck KGA, and Santa Cruz Biotechnologies Inc.
“Global Allyl Methacrylate Market: Insights, Market Size & Share, Growth Rate, Ongoing Trends, and Market Forecast: 2020–2029” report has been produced based on deep market study and analysis, along with inputs from experts in the industry. The report includes present scenario and growth prospects of the market for 2019–2029.
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