Synopsis
The global market for Hydroxyethyl Methacrylate (HEMA) was estimated to be worth US$ 566 million in 2024 and is forecast to a readjusted size of US$ 708 million by 2031 with a CAGR of 3.3% during the forecast period 2025-2031.
Hydroxyethyl Methacrylate (abbreviated as HEMA), is a Colorless transparent liquid with the molecular formula of C6H10O3 and CAS number 868-77-9. HEMA is the monomer that is mainly employed to fabricate acrylic resin, acrylic coatings, textile agent, adhesive and the additive of decontaminating and lubricant.
The global Hydroxyethyl Methacrylate industry has a rather high concentration. The major manufacturers are concentrated in United States, Europe, China and Japan, such as Mitsubishi Rayon, Evonik, Dow, Geo and Nippon Shokubai. At present, Mitsubishi Rayon is the world leader, holding 22% production market share. The global 2-Hydroxyethyl Methacrylate consumption market is led by United States and United States is the largest region consumption market, accounting for about 29% of global consumption of Hydroxyethyl Methacrylate. Hydroxyethyl Methacrylate downstream is wide and recently Hydroxyethyl Methacrylate has acquired increasing significance in various fields of Coatings, Reactive Resins, Adhesives, and others. Globally, the Hydroxyethyl Methacrylate market is mainly driven by growing demand for Coatings and Reactive Resins. Coatings and Reactive Resins accounts for nearly 67% of total downstream consumption of 2-Hydroxyethyl Methacrylate in global. 2-Hydroxyethyl Methacrylate can be mainly divided into 93%≤Purity<97%, 97%≤Purity<99% and 99%≤Purity which 97%≤Purity<99% captures about 49% of 2-Hydroxyethyl Methacrylate market.
Market driving factors
Industry policy support:
Government policy support in the fields of environmental protection, new materials, etc. has provided a good external environment for the development of the hydroxyethyl methacrylate industry. These policies not only promote the research and development and innovation of related technologies, but also promote the formulation and improvement of industry standards, providing a strong guarantee for the healthy development of the industry.
Technological progress and industrial upgrading:
With the advancement of science and technology and the development of the industry, the production technology of hydroxyethyl methacrylate has been continuously optimized, and the product quality and performance have been significantly improved. At the same time, industrial upgrading has also promoted the industry to develop in the direction of high-end and green, further enhancing the market competitiveness of the industry.
This report aims to provide a comprehensive presentation of the global market for Hydroxyethyl Methacrylate (HEMA), focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Hydroxyethyl Methacrylate (HEMA) by region & country, by Purity, and by Application.
The Hydroxyethyl Methacrylate (HEMA) market size, estimations, and forecasts are provided in terms of sales volume (MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hydroxyethyl Methacrylate (HEMA).
Market Segmentation
By Company
Mitsubishi Chemical
Dow
Röhm GmbH
Geo
Nippon Shokubai
MGC
Sanlian Chem
Anhui Renxin
Shandong Xinglu Biological Technology
Hickory
Wanhua Chemical
Fangda Chem
Hechuang Chem
Sanmu Group
Segment by Purity
93%--97%
97%--99%
Above 99%
Segment by Application
Coatings
Reactive Resins
Adhesives
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Hydroxyethyl Methacrylate (HEMA) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Purity, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Hydroxyethyl Methacrylate (HEMA) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Hydroxyethyl Methacrylate (HEMA) in country level. It provides sigmate data by Purity, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Index
Available Upon Request