Top 10 Companies in the Hydroxyethyl Methacrylate (HEMA) Industry (2025): Market Leaders Powering Specialty Chemical Innovation

In Business Insights
June 20, 2025

The Global Hydroxyethyl Methacrylate (HEMA) Market was valued at USD 517 Million in 2024 and is projected to reach USD 657 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 3.6% during the forecast period (2024-2032). This growth is fueled by expanding applications in coatings, adhesives, and reactive resins, coupled with rising demand from electronics and medical sectors requiring high-performance acrylic monomers.

As industries transition toward sustainable and advanced material solutions, HEMA has become indispensable for manufacturing acrylic polymers with superior adhesion, clarity, and durability. Here we examine the Top 10 Companies in the HEMA Industry—global chemical leaders and specialty producers driving innovation across this vital supply chain.


🔟 1. Mitsubishi Chemical Corporation

Headquarters: Tokyo, Japan
Key Offering: HEMA (97%-99% purity grades)

The undisputed market leader with 22% global production share, Mitsubishi Chemical supplies ultra-pure HEMA for medical devices, optical lenses, and industrial coatings through patented polymerization technologies.

Strategic Advantages:

  • 300,000-ton annual production capacity across global facilities

  • Vertical integration with MMA feedstock production

  • FDA-compliant medical grade HEMA production lines

Download FREE Sample Report: Hydroxyethyl Methacrylate (HEMA) Market – View in Detailed Research Report


9️⃣ 2. Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: Specialty HEMA formulations

Dow’s performance monomers division develops customized HEMA solutions for UV-curable coatings and photolithography applications, leveraging 70+ years of acrylate expertise.

Strategic Advantages:

  • Proprietary low-VOC HEMA technologies

  • Co-development partnerships with Fortune 500 manufacturers


8️⃣ 3. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: EU-compliant HEMA grades (>99%)

BASF operates Europe’s most advanced HEMA production complex, supplying automotive and industrial adhesive manufacturers through its integrated Verbund system.

Strategic Advantages:

  • Closed-loop production with 92% solvent recovery rate

  • REACH-compliant formulations for regulated markets


7️⃣ 4. Nippon Shokubai

Headquarters: Osaka, Japan
Key Offering: Electronic-grade HEMA monomers

As Asia’s quality leader, Nippon Shokubai supplies semiconductor manufacturers with ultra-pure HEMA meeting Class 10 cleanroom standards.

Strategic Advantages:

  • PPB-level impurity control systems

  • Just-in-time delivery to Asian electronics hubs

Download FREE Sample Report: Hydroxyethyl Methacrylate (HEMA) Market – View in Detailed Research Report


6️⃣ 5. Evonik Industries

Headquarters: Essen, Germany
Key Offering: Medical device-grade HEMA

Evonik’s GMP-certified production supplies 60% of global dental composite manufacturers with bioactive HEMA formulations.

Strategic Advantages:

  • ISO 13485 certified facilities

  • Antimicrobial HEMA patents for implant applications


5️⃣ 6. Geo Specialty Chemicals

Headquarters: Cleveland, Ohio, USA
Key Offering: Cost-optimized HEMA solutions

Geo dominates North American construction chemical markets with economical HEMA formulations for concrete modifiers and tile adhesives.

Strategic Advantages:

  • Regional production minimizing logistics costs

  • Bulk packaging options for industrial users


4️⃣ 7. Wanhua Chemical

Headquarters: Yantai, China
Key Offering: HEMA (standard & specialty grades)

China’s HEMA leader leverages domestic MMA supplies to serve Asia’s booming coatings and adhesive industries.

Strategic Advantages:

  • 1.2 million ton MMA integration capacity

  • Government-supported expansion initiatives


3️⃣ 8. Sanmu Group

Headquarters: Jiangsu, China
Key Offering: Custom HEMA formulations

This specialty producer serves China’s electronics boom with rapid-prototyping services for conformal coatings and encapsulants.

Strategic Advantages:

  • 48-hour custom sample turnaround

  • Niche high-refractive-index formulations


2️⃣ 9. Anhui Renxin

Headquarters: Anhui, China
Key Offering: Industrial-grade HEMA

A volume producer serving China’s construction sector with cost-competitive monomers for waterproofing membranes.

Strategic Advantages:

  • Byproduct valorization reducing costs

  • Provincial government incentives


1️⃣ 10. Shandong Xinglu Biological Technology

Headquarters: Shandong, China
Key Offering: Bio-based HEMA alternatives

Pioneers in renewable HEMA pathways using bio-glycols, capturing 15% of China’s sustainable coatings market.

Strategic Advantages:

  • 30% lower carbon footprint vs petrochemical HEMA

  • Strategic partnerships with eco-conscious brands

Read Full Report: Hydroxyethyl Methacrylate (HEMA) Market – View in Detailed Research Report


🌍 Outlook: HEMA’s Next-Generation Applications

The HEMA market is transforming through material science breakthroughs and sustainability initiatives across key industries.

📈 Market-Shaping Trends:

  • Medical-grade HEMA demand growing at 6.2% CAGR through 2032

  • Asia-Pacific capacity expansions shifting global trade dynamics

  • Bio-based production methods reducing environmental impact

  • Smart coatings driving innovation in functionalized HEMA

Read Full Report: Hydroxyethyl Methacrylate (HEMA) Market – View in Detailed Research Report

The companies profiled represent the vanguard of HEMA innovation—delivering advanced solutions from raw chemical production to high-value applications.