Transparency Market Research in its new report titled, “Iso-Tridecyl Methacrylate Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the iso-tridecyl methacrylate market. The TMR report anticipates that the growth of application industries such as coatings, adhesives, and sealants will fuel the iso-tridecyl methacrylate market during the forecast period i.e, 2018-2026. Coatings, adhesives, sealants, and polymer production are some of the common applications of iso-tridecyl methacrylate. The iso-tridecyl methacrylate market is anticipated to expand significantly in Asia Pacific in the near future. It is estimated to offer lucrative opportunities to producers of the monomer, says the report.
As per the report, the usage of iso-tridecyl methacrylate monomer helps achieve low viscosity, low odor, and low shrinkage on polymerization. It also helps in imparting properties such as chemical/water resistance, impact strength, hydrophobicity, adhesion, and weatherability. Storage of iso-tridecyl methacrylate is a major concern. It needs to be stored carefully, meeting all the requirements in order to avoid its polymerization. The monomer must always be stored with a stabilizer in cold conditions, with temperature not exceeding 35°C. For the stabilizer to function effectively, it must always be stored under air, and never in inert gases. The maximum duration for which iso-tridecyl methacrylate can be stored is one year.
On the basis of end-user industry, the iso-tridecyl methacrylate market is split into coatings, additives, adhesives & sealants, textiles, and others. Among these, Coatings is expected to be one of the fastest growing end-user industry segments of the iso-tridecyl methacrylate market during the forecast period. All end-user industries of iso-tridecyl methacrylate are expanding at a steady pace. End-user industries in Asia Pacific are expanding at a fast pace due to the rapid industrialization and infrastructure development. Currently, the coatings segment holds dominant share of the iso-tridecyl methacrylate market. The segment is projected to continue its dominance during the forecast period.
Based on geographical perspective, the iso-tridecyl methacrylate market is classified into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Among these, Asia Pacific is expected to hold majority of the iso-tridecyl methacrylate market share during the forecast period, owing to the growth in end-user industries such as coatings, adhesives & sealants, and additives in the region. China, India, and Japan are the three major countries contributing significantly to the consumption of coatings, adhesives & sealants, etc. Rapid infrastructure and industrial development in developing countries such as China and India has boosted the end-user industries. This, in turn, has propelled the demand for iso-tridecyl methacrylate in Asia Pacific. Europe and North America account for key share of the iso-tridecyl methacrylate market after Asia Pacific. The iso-tridecyl methacrylate market in Asia Pacific is likely to expand at a fast pace during the forecast period.
Prominent companies operating in the global iso-tridecyl methacrylate market are profiled in this rpeort and these include BASF SE, HANGZHOU DEVELY TECHNOLOGY CO.LTD., Kowa India Pvt. Ltd., and San Esters Corporation.
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