Trimethylolpropane Trimethacrylate Market Predicted To Rise At A Lucrative CAGR Throughout 2018 To 2026 | TMR

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Global Trimethylolpropane Trimethacrylate Market: Overview

Trimethylolpropane trimethacrylate is a reactive trifunctional acrylic monomer. Acrylic monomer is an ester of acrylic and methacrylic acid. This trifunctional methacrylate is also known as triacrylate 2-Propenoic acid, trimethylolpropane, and 2-ethyl-2-[[(1-oxo-2-propenyl)oxy]methyl]-1,3-propanediyl ester. The empirical formula of trimethylolpropane trimethacrylate is C18H26O6. Trimethylolpropane triacrylate is a viscous and colorless liquid, which possesses an acrylic or pungent odor. It is immiscible in water and hygroscopic in nature. This light sensitive chemical is incompatible with strong acids and bases. Trimethylolpropane trimethacrylate may undergo spontaneous polymerization, but it can be stabilized with monomethyl ester of hydroquinone. Trimethylolpropane trimethacrylate possesses low viscosity, high cross-link density, rapid cure response rate, excellent hardness, and chemical resistant properties. It is widely used in industrial applications as a cross-linker in radiation curing. Trimethylolpropane trimethacrylate is used as a co-agent in plasticizer systems, PVC plastisols, and elastomers.

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Global Trimethylolpropane Trimethacrylate Market: Drivers and Restraints

The global trimethylolpropane trimethacrylate market is primarily driven by the increase in demand for cross-linking agents in various applications. Trimethylolpropane trimethacrylate is used as a cross-linker, co-activator, and co-agent for polybutadiene, plastisols, polyethylene, vinyl acetate latexes, hard rubber rolls, adhesives, molding compounds, and moisture barrier films & coatings. Increase in usage of trimethylolpropane trimethacrylate in radiation curing applications is anticipated to boost the global trimethylolpropane trimethacrylate market. Trimethylolpropane trimethacrylate is used in ultraviolet light (UV) and electron beam (EB) curable coatings and inks due to its characteristics such as reactivity, hardness, gloss, and resistance to chemical and wear. Research & development in improving the utilization of trimethylolpropane trimethacrylate is expected to offer lucrative opportunities to the trimethylolpropane trimethacrylate market during the forecast period.

Based on form, the trimethylolpropane trimethacrylate market can be bifurcated into powder and liquid. The liquid segment held key share of the global trimethylolpropane trimethacrylate market in 2017. Trimethylolpropane trimethacrylate acts as a processing aid for molding and extrusion of rubber compounds.

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Global Trimethylolpropane Trimethacrylate Market: Key Players

Key players operating in the global trimethylolpropane trimethacrylate market include allnex group, Arkema Group, BASF SE, Evonik, Hunan Farida Technology, Kowa Chemicals, Seiko Chemical, and Tianjin Jiuri New Materials.