Press release
Low Profile Additives Market 2018 to 2023 | PolyOne Corporation, Ashland, CCP Composites, Wacker Chemie AG, LyondellBasell Industries Holdings B.V., Momentive, FRP Services & Company, Reichhold LLC 2, Command Chemical Corporation, Inc., Arkema, Swancor In
Low Profile Additives Market
Low Profile Additives are thermoplastics particles that are incorporated into unsaturated polyester resin to enhance the surface finish of fiberglass by shrinkage compensation. Low profile additives, when used in unsaturated polyester resins systems, offer improved characteristics such as viscosity thickening plateau, paste viscosity, and phase separation.
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The Global Low Profile Additives Market is primarily driven by the increasing use of these additives in the automotive industry. The use of low profile additives in automobiles makes them lightweight yet strong, and therefore more efficient and durable.
Nevertheless, market players are focusing on strategic developments such as partnership agreements and product launches. For instance, in September 2014, CCP Composites expanded its low-profile additives range with the addition of Norsolook A70066 for high-performance SMC formulations. In another instance, in November 2017, Arkema announced a development partnership with EOS GmbH to develop novel high-temperature powders, the Kepstan PEKK, adapted to the latest 3D printing platform, EOS P 500.
Intended Audience:
• Low profile additives manufacturers
• Traders and distributors of low profile additives
• Research and development institutes
• Potential investors
• Raw material suppliers
• Nationalized laboratories
Regional Analysis:
The Low Profile Additives Market is divided into five regions across the world namely; Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
The Asia-Pacific dominated the global low profile additives market in 2017 on account of the high demand from major end-use industries such as automotive, construction, electronics, and consumer products in the region.
The North American market is expected to witness significant growth due to the demand from the construction, automotive, and military and aerospace industries.
High production and trading of automotive parts in Western European countries such as Germany, the U.K., Italy, and France is expected to drive product demand during the forecast period.
Segmentation:
The Global Low Profile Additives Market has been segmented on the basis of technique, product, end-use industry, and region.
Based on technique, the global low profile additives market has been segmented into sheet molding compound (SMC), bulk molding compound (BMC), resin transfer molding (RTM), and pultrusion.
On the basis of product, the market has been segmented into polyvinyl acetate (PVA), polymethyl methacrylate (PMMA), polystyrene (PS), and high-density polyethylene (HDPE).
By end-use industry, the market has been segmented into automotive, construction, military and aerospace, electronics, consumer products and home appliances, and others.
Key Global Competitors:
Some of the manufacturers operating in the Global Low Profile Additives Market are; PolyOne Corporation (U.S.), Ashland (U.S.), CCP Composites (U.S.), Wacker Chemie AG (Germany), LyondellBasell Industries Holdings B.V. (Netherlands), Momentive (U.S.), FRP Services & Company (Japan), Reichhold LLC 2 (U.S.), Command Chemical Corporation, Inc. (U.S.), Changzhou Huarun Composite Materials Co., Ltd. (China), Arkema (France), and Swancor Ind. Co., Ltd. (Taiwan).
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