Market Overview:
The global high performance monomers market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high performance monomers from various end-use industries, such as automotive, electrical & electronics, and others. In terms of type, the global high performance monomers market is segmented into monofunctional monomers, difunctional monomers, and multi-functional monomers. They are also used in a wide range of applications across different industries.
Product Definition:
A High Performance Monomer is a monomer that has been designed for high-performance applications. These monomers are typically more resistant to degradation and have better mechanical properties than traditional monomers. They are often used in advanced composites and coatings to improve the performance of these materials.
Monofunctional Monomers:
Monofunctional monomers are organic compounds that function as building blocks for high performance polymers. They have applications in paints & coatings, adhesives & sealants, and elastomers industry. Growing demand from end-use industries such as construction is expected to drive the global market over the forecast period.
Difunctional Monomers:
Difunctional Monomers are organic compounds that contain two functional groups, for example, maleic anhydride contains one group of functionality (–OH) and the other group of functionality (–CO2H). These difunctional monomers can be used in high performance monomers to manufacture polymers with enhanced properties. Enhanced properties include improved thermal stability, resistance to hydrolysis & oxidation along with higher tensile strength and flexural modulus.
Application Insights:
Automotive was the largest application segment in 2017 and is expected to maintain its lead over the forecast period. Automotive applications include interior & exterior coatings, adhesives, sealants and lubricants. High performance monomers help manufacturers meet rising customer demand for high-quality finished products with enhanced properties.
High performance monomers are used in a wide range of automotive applications including engine oil, transmission fluids, brake fluids, coolant liquids & solutions as well as powertrain oils (TPO). They are also used in paints and lubes to improve their durability and provide better protection against UV rays when compared with conventional solvents or thinners. The growing importance of green technologies has led major automakers across the globe to adopt electric vehicles that consume little or no fuel during operation.
Regional Analysis:
Asia Pacific is expected to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing per capita income in emerging economies such as China, India, Indonesia, Malaysia and Thailand. In addition, rising demand for passenger cars and commercial vehicles in Asia Pacific is anticipated to drive the market growth over the forecast period.
Europe accounted for over 25% of global revenue share in 2017 on account of high product penetration across major end-use industries including automotive & transportation; electronics & electrical; pharmaceuticals; food & beverage among others. The presence of key manufacturers coupled with technological advancements are projected to augment regional growth prospects over the coming years.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and packaging
- Rising demand for lightweight and high-performance materials in automotive sector
- Growing popularity of composites in the aerospace industry
- Rapid expansion of the Asia Pacific region, especially China and India
- Technological advancements that enable production of high-performance monomers with improved properties
Scope Of The Report
Report Attributes
Report Details
Report Title
High Performance Monomers Market Research Report
By Type
Monofunctional Monomers, Difunctional Monomers, Multi-functional Monomers
By Application
Automotive, Electrical & Electronics, Others
By Companies
Eastman Chemical Company, CHRISKEV Company, Inc., SONGWON, Dow, Arkema Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
135
Number of Tables & Figures
95
Customization Available
Yes, the report can be customized as per your need.
Global High Performance Monomers Market Report Segments:
The global High Performance Monomers market is segmented on the basis of:
Types
Monofunctional Monomers, Difunctional Monomers, Multi-functional Monomers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Electrical & Electronics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Eastman Chemical Company
- CHRISKEV Company, Inc.
- SONGWON
- Dow
- Arkema Group
Highlights of The High Performance Monomers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Monofunctional Monomers
- Difunctional Monomers
- Multi-functional Monomers
- By Application:
- Automotive
- Electrical & Electronics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Performance Monomers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High performance monomers are molecules that have a high degree of polymerization, meaning they can form long chains of molecules. This makes them ideal for use in polymers, as they can create strong and durable products.
Some of the major players in the high performance monomers market are Eastman Chemical Company, CHRISKEV Company, Inc., SONGWON, Dow, Arkema Group.
The high performance monomers market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Performance Monomers Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 High Performance Monomers Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 High Performance Monomers Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the High Performance Monomers Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global High Performance Monomers Market Size & Forecast, 2018-2028 4.5.1 High Performance Monomers Market Size and Y-o-Y Growth 4.5.2 High Performance Monomers Market Absolute $ Opportunity
Chapter 5 Global High Performance Monomers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 High Performance Monomers Market Size Forecast by Type
5.2.1 Monofunctional Monomers
5.2.2 Difunctional Monomers
5.2.3 Multi-functional Monomers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Performance Monomers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 High Performance Monomers Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Electrical & Electronics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Performance Monomers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Performance Monomers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America High Performance Monomers Analysis and Forecast
9.1 Introduction
9.2 North America High Performance Monomers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America High Performance Monomers Market Size Forecast by Type
9.6.1 Monofunctional Monomers
9.6.2 Difunctional Monomers
9.6.3 Multi-functional Monomers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America High Performance Monomers Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Electrical & Electronics
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe High Performance Monomers Analysis and Forecast
10.1 Introduction
10.2 Europe High Performance Monomers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe High Performance Monomers Market Size Forecast by Type
10.6.1 Monofunctional Monomers
10.6.2 Difunctional Monomers
10.6.3 Multi-functional Monomers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe High Performance Monomers Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Electrical & Electronics
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific High Performance Monomers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Performance Monomers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific High Performance Monomers Market Size Forecast by Type
11.6.1 Monofunctional Monomers
11.6.2 Difunctional Monomers
11.6.3 Multi-functional Monomers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific High Performance Monomers Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Electrical & Electronics
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America High Performance Monomers Analysis and Forecast
12.1 Introduction
12.2 Latin America High Performance Monomers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America High Performance Monomers Market Size Forecast by Type
12.6.1 Monofunctional Monomers
12.6.2 Difunctional Monomers
12.6.3 Multi-functional Monomers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America High Performance Monomers Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Electrical & Electronics
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) High Performance Monomers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Performance Monomers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) High Performance Monomers Market Size Forecast by Type
13.6.1 Monofunctional Monomers
13.6.2 Difunctional Monomers
13.6.3 Multi-functional Monomers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) High Performance Monomers Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Electrical & Electronics
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Performance Monomers Market: Competitive Dashboard
14.2 Global High Performance Monomers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eastman Chemical Company
14.3.2 CHRISKEV Company, Inc.
14.3.3 SONGWON
14.3.4 Dow
14.3.5 Arkema Group