Global procurement intelligence advisory firm, SpendEdge, has announced the release of their 'GMA Monomers Procurement Market Intelligence Report.' The insights and data in this report provide a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape, and an analysis of the supplier capability matrix for the chemical industry. This report breaks down the data and analysis behind the procurement of GMA monomers and acts as an all-inclusive guide for making smart purchasing decisions.
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SpendEdge has announced the release of their 'GMA Monomers Procurement Market Intelligence Report'. (Photo: Business Wire)
"The market is growing at a relatively fast pace due to the rapid growth of the construction industry across regions and the use of GMA in the automotive paints and coatings sector due to its ability offer properties such as higher resistance to heat and weather," says lead SpendEdge procurement analyst Angad Singh. "Global suppliers such as Dow Chemical and Mitsubishi Gas Company are increasing their production capacities to meet the growing demand," added Angad.
Key Report Features
|Supply Market Insights||Negotiation Strategies|
|Procurement Best Practices||Category Risk Analysis|
|Cost Saving Opportunities||Key Supplier Analysis|
|Pricing Models||Supplier Capability Matrix|
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- The GMA monomers market is set to showcase a CAGR of around 7.9%, due to a growing demand for high-performance automotive products.
- SpendEdge analysts expect that a healthy relationship between the buyers and the suppliers will lead to a smooth and timely procurement of services at effective rates.
- GMA is a highly flammable substance, making its correct packaging and transport a key priority to the suppliers.
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GMA Monomer Pricing Trends
Fixed pricing and spot pricing are the two popular pricing models in the GMA monomers market. The fixed pricing model is more preferred by users across geographies due to the stability of prices over prolonged durations and the efficient budget prediction provided. However, the decline in market prices of GMA may lead to a loss for buyers who have adopted this model.
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