- Summary
- Table Of Content
- Methodology
Glycidyl Methacrylate Market Size:
Glycidyl Methacrylate Market size is growing with a CAGR of 7.9% during the forecast period (2025-2032), and the market is projected to be valued at USD 411.22 Million by 2032 from USD 224.56 Million in 2024. Additionally, the market value for 2025 attributed to USD 241.50 Million.
Glycidyl Methacrylate Market Scope & Overview:
Glycidyl Methacrylate (GMA) is a compound that combines both epoxy group and methacrylate group in its structure. The compounds dual functionality allows it to participate in a wide variety of chemical reactions. It is soluble in various organic solvents which makes it important for various applications. The compound undergoes free radical polymerization to form methacrylate co-polymers. This leads to the development of materials with enhanced mechanical properties, heat resistance, and durability. The compound generally finds its applications in resins, adhesives & sealants, coatings, composites, plastic additives, and others. The end-user mainly consists of automotives, construction, aerospace, packaging, textiles, and others.
Glycidyl Methacrylate Market Dynamics - (DRO) :
Key Drivers:
Growing Production of Adhesives & Sealants is Driving the Glycidyl Methacrylate Market Growth.
Glycidyl Methacrylate is an important component that is used for the production of high-performance adhesives because of its unique chemical structure. The presence of both functional groups allows the compound to take part in polymerization and crosslinking reactions. This allows for adhesion with strong substrates and the formation of durable polymer networks. Superior bonding strength, chemical resistance, and thermal stability make the adhesives & sealants a reliable solution. The production of adhesives influences the use of this compound in various sectors such as construction, transportation, and others.
For instance,
- The data by Adhesives organization states that, in 2022, North America produced 10.3 billion pounds of adhesives & sealants. Around 17% of these adhesives are used in the building and construction sector.
Thus, the rise in the use of this compound in the production of adhesives is influencing the glycidyl methacrylate market demand.
Growing Adoption of Electric Vehicles (EV) is Propelling the Glycidyl Methacrylate Market Expansion.
Glycidyl Methacrylate contributes to the production of high-performance adhesives, coatings, and composite materials that are widely used in EV manufacturing. The EVs require advanced bonding solutions for battery packs & structural components, durable protective coatings for sensitive electronics, and light weight composite materials for enhanced efficiency. The rise in the adoption of electrical vehicles enhances the use of GMA.
For instance,
- The data by IEA states that the global electric car market experienced a significant rise, with total sales showing an 18% increase in 2023. This growth shows the accelerating consumer adoption of electric vehicles.
Thus, the rise in adoption of electric vehicles is driving the glycidyl methacrylate market expansion.
Key Restraints:
Stringent Regulatory Standards is Hampering the Glycidyl Methacrylate Market Growth.
The glycidyl methacrylate industry faces significant hurdles due to stringent regulatory standards imposed by various regulatory bodies worldwide. These regulations are generally designed to ensure product safety and efficacy. They involve rigorous testing, extensive documentation, and lengthy approval processes. Compliance with these standards is time-consuming and costly, particularly for smaller companies or those developing novel compounds. Additionally, changes in regulatory guidelines or the introduction of stricter regulations disrupts the established processes and require significant investments in research, development, and manufacturing to meet the new standards. These factors contribute to increased costs, delayed product launches, and limited market access, ultimately hindering the development of the market.
Future Opportunities :
Rise in the Textile Secor is Creating Lucrative Glycidyl Methacrylate Market Opportunities.
The textiles manufacturers are exploring ways to enhance the performance and durability of textile products. The use of GMA-modified coating for the production of textiles is increasing. The compound’s ability to improve adhesion, chemical resistance, and abrasion resistance to textiles makes it an important additive in various applications. The rise in demand for textiles such as industrial fabric and sportswear is driving the adoption of this compound.
For instance,
- The data by Indian Brand Equity Foundation, in November 2024, states that, the Indian textiles and apparel market is expected to experience a robust expansion, with 10% growth rate by 2030. This signifies a substantial upward trend in the industry, increasing the domestic demand and exports.
Thus, the rise in the textile sector is creating lucrative glycidyl methacrylate market opportunities in the coming years.
Glycidyl Methacrylate Market Segmental Analysis :
By Application:
Based on the application, the market is categorized into resins, adhesives & sealants, coatings, composites, plastic additives, and others.
Trends in the Application:
- The increasing demand for high-performance bonding solutions across industries like electronics, and construction is driving rapid development in the adhesives & sealants segment.
- The rise in trends for high-performance coatings in automotives and textiles is enhancing the coatings segment.
The adhesives & sealants segment accounted for the largest market share of 38.31% in 2024.
- Glycidyl methacrylate is used in the development of high-performance adhesives & sealants. They provide enhanced properties that are essential for various applications.
- The compound allows for strong adhesion to various substrate materials. They include metal, plastics and others.
- The combination of epoxy and methacrylate provides adhesives & sealants with superior mechanical strength and resistance to stability.
- They are widely used in industries that require bonding such as transportation, aerospace, consumer goods, and others, to enhance adhesion and durability.
- For instance, the data by Adhesion Organization, in 2022, states that the demand for adhesives in the transportation is 17.2% and paper, board & related products is 37.7%.
- Thus, the rise in the use of adhesives & sealants is driving the glycidyl methacrylate market trends.
The coatings segment is expected to grow at the fastest CAGR over the forecast period.
- The glycidyl compound is used in coating applications because of its ability to enhance the performance and durability of various surface finishes.
- The modified coating provides improved abrasion resistance, wearability, and resistance to chemicals, which makes them important for various applications.
- They are useful in industries such as automotive, textile, and others.
- Additionally, their ability to tailor the properties of coatings through adjustment of the formulations allows for the development of specialized finishes.
- Thus, as per the glycidyl methacrylate market analysis, the rise in the use of coatings for various industries is driving the trends of the segment in the coming years.
By End User:
Based on the end user, the market is categorized into automotive, construction, aerospace, packaging, textiles, and others
Trends in end user:
- The growing trend for light weight, durable vehicles is influencing the automotive segment.
- The rise in the requirement for high-performance textiles, including technical textiles and functional fabrics, is fueling growth in this sector
The automotive segment accounted for the largest Glycidyl Methacrylate market share in the year 2024.
- The compound is widely used in automotives because of its performance, durability, and aesthetics of the vehicles.
- GMA-modified resins are used in the formulation of high-performance coatings. They provide corrosion resistance, scratch resistance, and enhanced gloss to automotive exteriors and interiors.
- In adhesive applications the compound is used for bonding diverse materials, including metals, plastics, and composites, which is crucial for structural integrity and component assembly.
- Additionally, composites contribute to lightweighting efforts. This enables the production of strong yet lightweight automotive parts, improving fuel efficiency and reducing emissions.
- The rise in the adoption of light vehicles is encouraging the use of this compound.
- For instance, according to the data provided by TD Economics in April 2024, the U.S. light vehicle market, saw a 12.7% increase in sales compared to previous year.
- Thus, the rise in the automotive need is influencing the market share.
The textile segment is expected to grow at the fastest CAGR over the forecast period.
- Glycidyl methacrylate contributes to the textile sector by allowing the development of high-performance coating that enhances the properties of the fabrics.
- Modified resins are also used to improve the resistance to abrasion and the overall durability.
- The epoxy functionality allows for strong adhesion to textile fibers, and the methacrylate group allows the formation of polymer network that results in coatings that are able to withstand wear and tear.
- This property is important for technical textiles that are used in various industrial settings.
- The use of this compound also allows manufacturers to develop fabric with enhanced functionality.
- Thus, as per the market analysis, these factors are influencing the trends of the market in the coming years.
Regional Analysis:
The regional segment includes North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
In 2024, Asia Pacific accounted for the highest Glycidyl Methacrylate market share at 40.84% and was valued at USD 91.70 Million and is expected to reach USD 155.52 Million in 2032. In Asia Pacific, China accounted for the highest market share of 32.66% during the base year of 2024. The GMA compound is important in the production of automotives coatings, adhesives, and composites. These solutions enhance the durability of vehicles, and corrosion resistance. The coatings protect the exterior of the vehicle by the damage caused because of environmental factors. Additionally, the growing vehicle production creates a higher requirement for this compound.
- For instance, according to the China Association of Automobile Manufacturers, in 2023, China's car output exceeded 30.16 million units, with 11.6% growth.
Thus, as per the market analysis, the rise in automotive production is influencing the growth of the market in this region.
Europe is experiencing the fastest growth with a CAGR of 9.8% over the forecast period. The market in this region is growing, driven by factors such as increasing disposable incomes, and the rise in the use of high-performance textiles. Fabrics with enhanced durability, functionality, and aesthetic appeal, are incorporating specialized coatings and treatments. They are gaining popularity in various applications, from sportswear to industrial textiles. They use methacrylate compounds to enhance the properties of the textile. Thus, as per the glycidyl methacrylate market analysis, the rise in the textile sector is influencing the use of this compound.
The construction sector in North America is a significant consumer of GMA. They are widely used in various construction applications that include flooring sealants, adhesives, and composite materials. The modified solutions enhance the strength and chemical resistance of concrete and other construction material. The coatings provide long-lasting protection against weathering and corrosion. Thus, as per the market analysis, the rising need for reliable solutions in both residential and commercial settings is influencing the glycidyl methacrylate market demand in this region.
The development of plastic additives within the Middle East and African (MEA) region is creating opportunities for the utilization of GMA. The compound is used to modify and improve various plastic materials. The compound has the ability to enhance thermal stability, impact resistance, and adhesion properties. They are used as additives in various pipes, packaging, and automotive components. Thus, as per the market analysis, the rise in the development and use of plastic additives is driving the glycidyl methacrylate market trends in the coming years.
The Latin America region is focusing on using glycidyl methacrylate to enhance performance and durability of the packaging material. As the region’s consumer goods and food sectors are expanding, the requirement for high-quality packaging material that provides superior protection is increasing. The adoption of these solutions aims to extend the shelf life of products, enhance packaging integrity, and meet stringent regulatory requirements. Thus, as per the market analysis, these factors are influencing the market in this region.
Top Key Players & Market Share Insights:
The global Glycidyl Methacrylate market is highly competitive with major players providing precise products to the national and international markets. Key players are adopting several strategies in research and development (R&D) and product innovation to hold a strong position in the global Glycidyl Methacrylate market. Key players in the Glycidyl Methacrylate industry include-
- Estron (United States)
- MITSUBISHI GAS CHEMICAL COMPANY, INC (Japan)
- Otto Chemie Pvt. Ltd (India)
- Anhui Royal Chemical Co., Ltd. (China)
- Tokyo Chemical Industry Co., Ltd. (TCI) (Japan)
- Dow (United States)
- Jin Dun Chemical (China)
- Merck KGaA (Germany)
Glycidyl Methacrylate Market Report Insights:
| Report Attributes | Report Details |
| Study Timeline | 2019-2032 |
| Market Size in 2032 | USD 411.22 Million |
| CAGR (2025-2032) | 7.9% |
| By Application |
|
| By End User |
|
| By Region |
|
| Key Players |
|
| North America | U.S. Canada Mexico |
| Europe | U.K. Germany France Spain Italy Russia Benelux Rest of Europe |
| APAC | China South Korea Japan India Australia ASEAN Rest of Asia-Pacific |
| Middle East and Africa | GCC Turkey South Africa Rest of MEA |
| LATAM | Brazil Argentina Chile Rest of LATAM |
| Report Coverage |
|
Key Questions Answered in the Report
How big is the Glycidyl Methacrylate market? +
In 2024, the Glycidyl Methacrylate market is USD 224.56 Million.
Which is the fastest-growing region in the Glycidyl Methacrylate market? +
Europe is the fastest-growing region in the Glycidyl Methacrylate market.
What specific segmentation details are covered in the Glycidyl Methacrylate market? +
Application and End User segmentation details are covered in the Glycidyl Methacrylate market.
Who are the major players in the Glycidyl Methacrylate market? +
Estron (United States), MITSUBISHI GAS CHEMICAL COMPANY, INC (Japan), Tokyo Chemical Industry Co., Ltd. (TCI) (Japan) are some of the major players in the market.
