The Global 2,3-Dihydroxypropyl Methacrylate Market was valued at USD 35.2 Million in 2025 and is projected to reach USD 58.5 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 5.6% during the forecast period (2025–2034). This growth is being driven by the expanding demand for high-performance polymers in the healthcare, personal care, and advanced materials sectors, coupled with the accelerating adoption of specialty monomers for innovative applications.

As the chemical industry evolves towards more sophisticated and functional materials, the focus shifts to the key manufacturers who are driving production, quality, and technological advancements. In this blog, we profile the Top 10 Companies in the 2,3-Dihydroxypropyl Methacrylate Industry—a mix of established chemical producers, regional leaders, and specialists shaping the global supply chain for this critical monomer.

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🔟 1. Tianmen Hengchang Chemical Co., Ltd.

Headquarters: Tianmen, Hubei, China
Key Offering: High-purity 2,3-Dihydroxypropyl Methacrylate (≥99%)

Tianmen Hengchang Chemical is a prominent Chinese manufacturer of specialty chemicals, with a strong focus on methacrylate monomers. The company has established itself as a reliable supplier of high-purity 2,3-Dihydroxypropyl Methacrylate, catering to both domestic and international markets. Their production capabilities are geared towards meeting the stringent requirements of pharmaceutical and advanced material applications.

Innovation and Capacity Initiatives:

• Investment in continuous process optimization for higher yield and purity

• Expansion of production capacity to meet growing global demand

• Focus on developing tailored grades for specific customer applications

Download FREE Sample Report:
2,3-Dihydroxypropyl Methacrylate Market – View in Detailed Research Report

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9️⃣ 2. Hubei Jusheng Technology Co., Ltd.

Headquarters: Wuhan, Hubei, China
Key Offering: 2,3-Dihydroxypropyl Methacrylate, Pharmaceutical Intermediates

Hubei Jusheng Technology is a key player in the fine chemicals sector, specializing in the synthesis of advanced intermediates. The company supplies high-quality 2,3-Dihydroxypropyl Methacrylate, leveraging its expertise in chemical synthesis and purification. Their products are used in a wide range of industries, from polymer production to life sciences.

Innovation and Capacity Initiatives:

• Strong R&D focus on developing novel synthetic routes

• Strategic partnerships with universities and research institutions

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8️⃣ 3. Hubei Wande Chemical Co., Ltd.

Headquarters: Wuhan, Hubei, China
Key Offering: 2,3-Dihydroxypropyl Methacrylate, Acrylic Monomers

Hubei Wande Chemical is a well-established manufacturer of acrylic monomers and esters. The company produces 2,3-Dihydroxypropyl Methacrylate with a focus on consistency and quality, serving customers in the coatings, adhesives, and textile industries. Their robust supply chain ensures reliable delivery to global clients.

Innovation and Capacity Initiatives:

• Modern manufacturing facilities with advanced quality control systems

• Expansion into downstream applications to create added value

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7️⃣ 4. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Specialty Acrylates, Performance Chemicals

BASF, a global chemical giant, offers a extensive portfolio of performance chemicals, including specialty acrylates. While not exclusively a 2,3-Dihydroxypropyl Methacrylate producer, its advanced R&D capabilities and global presence make it a significant influencer in the market. The company develops high-performance monomers for demanding applications in electronics, automotive, and construction.

Innovation and Capacity Initiatives:

• Pioneering research in sustainable and bio-based acrylic monomers

• Global production network ensuring supply security

Download FREE Sample Report:
2,3-Dihydroxypropyl Methacrylate Market – View in Detailed Research Report

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6️⃣ 5. Evonik Industries AG

Headquarters: Essen, Germany
Key Offering: Functional Monomers, Crosslinking Agents

Evonik Industries is a leading specialty chemicals company with a strong focus on high-value monomers. Its expertise in creating functional acrylates positions it as a key player for advanced 2,3-Dihydroxypropyl Methacrylate applications, particularly in healthcare materials, such as hydrogels for contact lenses and drug delivery systems.

Innovation and Capacity Initiatives:

• Development of medical-grade monomers with proven biocompatibility

• Investment in circular economy principles for chemical production

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5️⃣ 6. Mitsubishi Chemical Group

Headquarters: Tokyo, Japan
Key Offering: Specialty Methacrylates, Engineering Plastics

Mitsubishi Chemical Group is a major global force in the chemicals sector, producing a wide array of methacrylate derivatives. The company’s advanced material solutions often incorporate specialized monomers like 2,3-Dihydroxypropyl Methacrylate for enhancing polymer properties in electronics, optics, and automotive components.

Innovation and Capacity Initiatives:

• Focus on high-growth sectors like EVs and renewable energy

• Integration of digital technologies for smart manufacturing

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4️⃣ 7. Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: Acrylic Monomers, Performance Materials

Dow is a cornerstone of the global materials science industry. Its extensive portfolio includes a range of acrylic monomers used to formulate advanced coatings, adhesives, and sealants. The company’s technical expertise supports the development of next-generation materials that utilize the unique properties of bifunctional monomers like 2,3-Dihydroxypropyl Methacrylate.

Innovation and Capacity Initiatives:

• Commitment to developing low-VOC and sustainable formulation technologies

• Strong customer collaboration to drive application-specific innovation

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3️⃣ 8. Nippon Shokubai Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: Superabsorbent Polymers, Functional Monomers

Nippon Shokubai is a world-leading producer of superabsorbent polymers and a significant manufacturer of acrylic acid and its esters. The company’s deep knowledge of hydrophilic monomers makes it a relevant and influential player for 2,3-Dihydroxypropyl Methacrylate, particularly for applications requiring enhanced water absorption and adhesion.

Innovation and Capacity Initiatives:

• Leadership in superabsorbent polymer technology

• Global production expansion to serve diverse regional markets

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2️⃣ 9. Arkema S.A.

Headquarters: Colombes, France
Key Offering: Specialty Acrylates, Photopolymer Resins

Arkema is a global leader in specialty materials and advanced chemicals. Its product lines include high-performance acrylic monomers designed for challenging environments. The company’s focus on innovation in areas like 3D printing photopolymer resins presents significant opportunities for specialized monomers such as 2,3-Dihydroxypropyl Methacrylate.

Innovation and Capacity Initiatives:

• Strong focus on materials for lightweighting and sustainable development

• R&D in photocurable resins for additive manufacturing

Download FREE Sample Report:
2,3-Dihydroxypropyl Methacrylate Market – View in Detailed Research Report

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1️⃣ 10. Shanghai HeChuang Chemical Co., Ltd.

Headquarters: Shanghai, China
Key Offering: Fine Chemicals, Pharmaceutical Intermediates

Shanghai HeChuang Chemical is a specialized manufacturer and supplier of fine chemicals and intermediates. The company provides 2,3-Dihydroxypropyl Methacrylate to a global clientele, with a emphasis on serving the pharmaceutical and agrochemical sectors where high purity and reliable supply are paramount.

Innovation and Capacity Initiatives:

• Specialization in custom synthesis and contract manufacturing

• Agile response to the specific needs of niche markets

Read Full Report:
2,3-Dihydroxypropyl Methacrylate Market – View in Detailed Research Report

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🌍 Outlook: The Future of 2,3-Dihydroxypropyl Methacrylate Is High-Performance and Sustainable

The 2,3-Dihydroxypropyl Methacrylate market is undergoing a significant transformation. While traditional industrial applications continue to drive volume, the industry is increasingly focused on high-value, specialized applications, technological advancements in polymerization, and the development of sustainable production pathways.

📈 Key Trends Shaping the Market:

• Rising demand for high-purity (≥99%) grades from the pharmaceutical and medical device sectors

• Expansion of application scope in 3D printing resins and electronic materials

• Geographic market growth concentrated in the Asia-Pacific region, led by China’s manufacturing prowess

• Strategic capacity expansions by key manufacturers to secure supply chains

Read Full Report:
2,3-Dihydroxypropyl Methacrylate Market – View in Detailed Research Report

The companies listed above are not only supplying a critical chemical building block—they’re enabling the next generation of advanced materials across multiple industries.