Performance Monomer Market is Set for 4.6% CAGR Growth with Forecast to Hit US$ 3,558 Million by 2034| Fact.MR Report [Yahoo! Finance]
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Source: Yahoo! Finance
Rockville, MD, Nov. 19, 2024 (GLOBE NEWSWIRE) -- According to Fact.MR, a market research and competitive intelligence provider, the global performance monomer market is estimated to reach a valuation of US$ 2,274 million in 2024 and is expected to grow at a CAGR of during the forecast period of (2024 to 2034). The performance monomer market is witnessing a predominant trend as a result of the higher demand generated across several industries such as coatings, adhesives, and plastics. Performance monomers are specific chemicals with enhanced polymer properties such as being tough, elastic, and resistant to various environmental factors. Majority of this market has been driven by the growing demand for high-performance materials within the automotive, aerospace, and construction sectors. The innovation key driver includes the development of new monomers, which boast improved performance characteristics: better adhesion, UV resistance, and thermal stability. This still does not come a
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