Global 2-Hydroxyethyl Methacrylate, 2HEMA Market Outlook 2016-2021
2-Hydroxyethyl methacrylate (CAS#: 868-77-9) is a clear, colorless liquid with a pungent, sweet odor. The product contains low levels of a polymerization inhibitor along with small amounts of methacrylic acid and ethylene oxide. The polymer is hydrophobic; however, when the polymer is subjected to water it will swell due to the molecule's hydrophilic pendant group. Depending on the physical and chemical structure of the polymer, it is capable of absorbing from 10 to 600% water relative to the dry weight.
2-Hydroxyethyl Methacrylate production, which measures output worldwide, was expected to reach 115,832 tons in 2016 with an increase of 6.8% from its year-earlier level. The global 2-hydroxyethyl methacrylate market size is estimated to grow from USD 252.26 million in 2011 to USD 366.17 million by 2016, at an estimated CAGR of 7.74% between 2011 and 2016. With regards to this, key players of 2-hydroxyethyl methacrylate industry are expected to find potential opportunities in this market.
The global 2-hydroxyethyl methacrylate market report profiles some of the key technological developments in the recent times. It also profiles some of the leading players in the market and analyzes their key strategies. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. The major players in the global 2-hydroxyethyl methacrylate market are Evonik, MRC, Jurong Chemical, Dow, Shanghai Huayi, MGC, Nippon Shokubai, Wuxi Yangshi Sanlian, Changzhou Hickory, Jiangsu Sanmu, etc."