Transparency Market Research in its new report titled, “Trimethylolpropane Trimethacrylate Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the trimethylolpropane trimethacrylate market. The new report anticipates that the increase in demand for cross-linking agents in various applications will boost the trimethylolpropane trimethacrylate market during the forecast period i.e, 2018-2026.
Trimethylolpropane trimethacrylate is used as a cross-linker, co-activator, and co-agent for polybutadiene, plastisols, polyethylene, vinyl acetate latexes, hard rubber rolls, adhesives, molding compounds, and moisture barrier films & coatings. Increase in usage of trimethylolpropane trimethacrylate in radiation curing applications is anticipated to boost the global trimethylolpropane trimethacrylate market. Trimethylolpropane trimethacrylate is used in ultraviolet light (UV) and electron beam (EB) curable coatings and inks due to its characteristics such as reactivity, hardness, gloss, and resistance to chemical and wear. Research & development in improving the utilization of trimethylolpropane trimethacrylate is expected to offer lucrative opportunities to the trimethylolpropane trimethacrylate market during the forecast period.
Based on form, the report has segregated the trimethylolpropane trimethacrylate market into powder and liquid. The liquid segment held key share of the global trimethylolpropane trimethacrylate market in 2017. Trimethylolpropane trimethacrylate acts as a processing aid for molding and extrusion of rubber compounds. Based on application, the trimethylolpropane trimethacrylate market is bifurcated into plastics, adhesives, coatings, acrylic glue, anaerobic sealants, and ink. The plastics segment accounted for major share of the global trimethylolpropane trimethacrylate market in 2017. Trimethylolpropane trimethacrylate is employed in the manufacture of inks and coatings for wood, paper, glass, metal, textiles, vinyl, and other plastics. It is also used as an ingredient in coating formulations, print varnishes, inks, and other polymer systems. Trimethylolpropane trimethacrylate is utilized in various products such as alkyd coatings, hardwood floors, screen printing, compact discs, dental polymers, concrete polymers, lithography, letterpress, elastomers, automobile headlamps, acrylics, and plastic components for medical applications.
Based on regional perspective, the report has segregated the trimethylolpropane trimethacrylate market into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. Asia Pacific accounts for substantial share of the global trimethylolpropane trimethacrylate market due to the high availability of raw materials at competitive prices in the region. Presence of a large number of chemical producers in countries such as China, Japan, India, and those in Southeast Asia is projected to boost the demand of trimethylolpropane trimethacrylate in the near future. North America and Europe also constitute key share of the trimethylolpropane trimethacrylate market. Prominent players operating in the global trimethylolpropane trimethacrylate market are included in this report to give a better competitive analysis and these are allnex group, Arkema Group, BASF SE, Evonik, Hunan Farida Technology, Kowa Chemicals, Seiko Chemical, and Tianjin Jiuri New Materials.
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