Market Outlook
Global polymerization inhibitors market size is expected to witness significant growth during the forecast period, owing to high demand from manufacturing industries. Uncontrolled polymerization reactions are major issues in the manufacturing industry where polymerization inhibitors play a crucial role. For instance, polymerization inhibitors are used in the manufacturing process of epoxy resins and unsaturated polyester resin. Moreover, it is used in the distillation process albeit with lower vapor pressure. This is expected to increase the demand for polymerization inhibitors and hence boost the market growth in the near future. Moreover, growing use of polymerization inhibitors in end user industries is expected to support growth of the market. Polymerization inhibitors are predominantly used in resins, petrochemical, and chemical intermediates, which is expected to boost its demand and thereby drive the market growth. Furthermore, increasing demand from the chemical industry is expected to support growth of the market. Polymerization inhibitors are used to suppress reactions of ethylene, vinyl acetate, and some other chemicals.
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