Basic Methacrylate Copolymer Market Notable Developments & Geographical Outlook

Methacrylic acid is a type of organic compound which has versatile application area. Basic methacrylate copolymer is copolymer type with methacrylic acid as one of the monomer. Primarily basic methacrylate copolymer is widely used as an excipient in the pharmaceutical industry. Other than pharmaceutical applications basic methacrylate copolymer finds usage as glazing agents to the solid food products/supplements. The basic methacrylate copolymer is increasingly used in coating the solid foods as it provides improved moisture protection and masks the taste.

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In cosmetic and personal care industries the basic methacrylate copolymer finds usage as the thickener for enhancing the performance of skin and hair care formulations. Some of the widely used basic methacrylate copolymers are butylated methacrylate copolymer and ethylene methyl methacrylate copolymers.

Global Basic Methacrylate Copolymer Market: Drivers and Restraints

The global basic methacrylate copolymer market is primarily driven by the growth and expansion of pharmaceutical industries. The basic methacrylate copolymer plays an important role in the drugs products formulations, where the demand for property modification in a particular application has to be addressed. The increasing demand of excipient also drives the global basic methacrylate copolymer market. Further, the basic methacrylate copolymer market is driven by the demand for solid food supplements for infants.

The surge in demand, for speciality copolymers is expected to propel the global basic methacrylate copolymer market during the forecast period. Also, the approval on use by authorities such as European Food Safety Authorities (EFSA), FDA and other independent authorities also impetuses the global basic methacrylate copolymer market.

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Global Basic Methacrylate Copolymer Market:  Key Players

Some of the prominent players identified in the global basic methacrylate copolymer market include:

• The Dow Chemical Company
• E. I. du Pont de Nemours and Company
• Corel Pharma Chem.
• Akzo Nobel N.V.
• BASF SE
• Croda Inc.
• Evonik Industries
• Network Polymers, Inc.
• Sigma-Aldrich Co. LLC.
• Vikram Thermo (India) Limited

The regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia-Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• The Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Global Basic Methacrylate Copolymer Market:  Segmentation