Trimethylolpropane Triacrylate Market – Size, Share, Outlook, and Forecast till 2026

Worldwide Market Reports added Latest Research Report titled “Trimethylolpropane Triacrylate Market – Size, Share, Outlook, and Forecast till 2026” to its Large Report database.

Trimethylolpropane triacrylate (TMPTA) is a trifunctional monomer, which is used in the manufacture of plastics, adhesives, acrylic glue, anaerobic sealants, and ink. Low volatility and fast cure response are the advantages of this monomer. Also, it has resistant properties against weather, chemical, water, and abrasion. End products obtained by using these monomers include alkyd coatings, compact discs, hardwood floors, concrete polymers, dental polymers, lithography, letterpress, screen printing, elastomers, automobile headlamps, acrylics, and plastic components for the medical industry.

Increasing demand for packaging inks and coatings due to rising demand for better packaging in applications such as food and beverages, and cosmetics from customers is one of the major factors driving growth of trimethylolpropane triacrylate market. Moreover, use of adhesives for construction and manufacturing purposes is also expected to fuel growth of trimethylolpropane triacrylate market over the forecast period.

However, rising trend of ban on plastics is one of the major factors that is expected to restrain growth of trimethylolpropane triacrylate market.

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Key Developments in Trimethylolpropane Triacrylate Market

Key players are adopting various strategies such as mergers, acquisitions, new product launches, expansions, collaborations, partnerships, approvals, and joint ventures to retain its position in the trimethylolpropane triacrylate market. On June 15, 2018, BASF announced that it is increasing its global production capacity for Neopor® (expandable polystyrene containing graphite) by a total of 40,000 metric tons per year.

BASF launched Laromer® TMPTA, is an acrylic acid ester that contains three polymerizable acrylic groups per molecule and is in liquid form. Moreover, on March 13, 2018, BASF’s Coatings division won the internationally coveted iF Design Award in the category ‘Automobiles/Vehicles’ for its functional paint technology for passive temperature management.

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J & K Scientific manufactures trimethylolpropane triacrylate of flash point 113℃, boiling point greater than 200℃/1mmHg, and purity of 85%. Also, Sigma-Aldrich manufactures trimethylolpropane triacrylate that contains 600 ppm monomethyl ether hydroquinone as inhibitor and is of technical grade.

Some of the major players operating in the trimethylolpropane triacrylate market include BEST-REAGENT, TCI, J & K SCIENTIFIC, VWR International, Cheng Du Micxy Chemical, 3B Scientific, BASF, Energy Chemical, BOC Sciences, Waterstone Technology, BeiJing Hwrk Chemicals, Alfa Chemistry, HBCChem, and Pfaltz & Bauer among others.

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