HEMA (Hydroxyethyl Methacrylate) possesses a relatively low bioaccumulation potential based on a certain value. The features revolving around HEMA enable it as an unstable compound in a free state. The production is carried under a tightly closed system within the controlled workspace exposures and occupational and non-occupational hazards are normally determined as low pertaining to its physicochemical properties. So the commercial availability of HEMA is subject to the application being in demand.
The market is highly driven by growing scope of applications in dentistry, construction and glass printing activities. Hydroxyethyl Methacrylate receives an overwhelming response from the polymer industry for a wider range of applications thus market developments are highly driven by rise in consumption and revenue growth. However, the side effects of HEMA such as sore throat and skin irritation are responsible for negative influence for market growth.
Paints & Coatings, Reactive Resins, Contact Lenses, Printing Inks and adhesives belong to the application category in HEMA market. Reactive resins and adhesives enjoy a prominent position in terms of demand and the revenue growth is higher in this regards.
North America is a huge market for Hydroxyethyl Methacrylate with rise in number of applications it offers. Versatility and functionality are the two prime reasons accounting for favorable market conditions in the United States. However, Asia-Pacific regions have a great potential in terms of consumption due to rise in construction activities such as residential and commercial construction. The demand is higher in China, India, Malaysia, Philippines and Indonesia. In addition, hydroxyethyl methacrylate is highly used in dentistry across the APAC sector.
On the other hand, MEA market is subject to witness a prolonged growth in the global market since rise in import and export for Hydroxyethyl Methacrylate derived products leading to rise in processing of numerous products for varied purpose.
Prominent players in the HEMA market include Evonik, Geo, MGC, DoW, Sanilian Chem, Anhui Renxin, Zibo Xinglu Chemical, Hickory, Anshua Chem, Fangda Chem, Sanmu Group and Mitsubishi Rayon.