Global Methacrylic Ester Report 2020: Global Opportunities, Regional Overview, Top Leaders, Size, Revenue and Forecast up to 2020 – 2027
Asia Pacific is predicted to dominate the market during the forecast period due to increasing consumption of methacrylic ester in end use industries such as pulp & paper, lubricant, paint & coatings, textile, construction and others. Increasing demand for lightweight passenger vehicles and heavy duty commercial vehicles has promoted automotive production, which in turn is contributing to the methacrylic ester market growth. Moreover, rapid industrialization in China, India, Australia, and Vietnam has boosted up the market growth. Commercial as well as industrial construction sector in Asia Pacific shown a speedy growth in the past few years and is expected to grow with the same pace in near future which is likely to fuel market growth. Increase in middle-class population in developing regions is another important factor driving the methacrylic ester market. North America is predicted to hold the second largest market share followed by Europe and the Middle East. North Ameri