Press release
Universal Growing $1.33 Bn Low Profile Additives Market | Reichhold Plant Ranjangaon, Arkema Group, LyondellBasell Industries, Wacker Chemie and PolyOne Corporation
Low Profile Additives Market
The Low Profile Additives (LPA) Market was worth USD 0.71 billion in 2014 and is expected to reach approximately USD 1.33 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 7.25% during the forecast period.
Competitive Insights:
The leading players in the market are Reichhold Plant Ranjangaon, Arkema Group, LyondellBasell Industries, Wacker Chemie and PolyOne Corporation. Mergers and acquisitions are another key methodology adopted by makers trying to fortify their market position. Organizations are hoping to grow their current assembling offices to expand their yearly production capacities.
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Industry Outlook and Trend Analysis:
The Low Profile Additives (LPA) Market was worth USD 0.71 billion in 2014 and is expected to reach approximately USD 1.33 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 7.25% during the forecast period. Rising interest for low shrinkage and surface finished products from end-use businesses, for example, construction and automotive is anticipated to drive the market over the conjecture time frame. End-use ventures including packaging, medical, aeronautics, and electronics are progressively using plastics attributable to taking off interest for lightweight materials and low consumption of energy. Rising usage of LPA for enhancing the quality of bulk, sheet, and blow-molded products is probably going to drive request over the coming years.
Product Outlook and Trend Analysis:
Key low profile additives incorporate polymethyl methacrylate (PMMA), high-density polyethylene (HDPE), polyvinyl acetate (PVA), and polystyrene (PS). These are included amid the detailing of glass or polyester composites to maintain a strategic distance from shrinkage and enhance surface finish. Polyvinyl acetate represented an income share of 38.0% all around in 2016. The developing worldwide automotive industry is foreseen to be a central point driving the PVA low profile added substances section.
The Low Profile Additives (LPA) Market is segmented as follows-
Low Profile Additives (LPA) Market, By Product:
Polymethyl methacrylate
High-density polyethylene
Polyvinyl acetate
Polystyrene
Low Profile Additives (LPA) Market, By Application:
Pultrusion
Sheet & bulk molding compounds
Resin transfer molding
Application Outlook and Trend Analysis:
Sheet and bulk molding compounds (SMC/BMC) together represented a share of 58.7%, based on income, in 2016. The application is increasing across the board affirmation as its usage helps in lessening weight and expanding fuel effectiveness. LPA is a vital ingredient in pitch blend amid SMC/BMC forms as it helps in enhancing surface smoothness and controlling shrinkage coming about because of trim the completed part.
Low Profile Additives (LPA) Market, By Region:
North America - U.S, Canada, Mexico
Europe - Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific - Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World - Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others
Regional Outlook and Trend Analysis:
Asia Pacific was the biggest market for low profile additives, representing an income share of 56.6% in 2016. The district is additionally prone to show the most significant CAGR over the gauge time frame. Expanding interest for SMC and BMC composites because of their astounding features, for example, high quality and solidness, less weight, low emission, high thermal resistance, and superior electrical performance is anticipated to increase the local market development.
Low Profile Additives (LPA) Market, ToC:
Chapter 1.Introduction
Chapter 2.Executive Summary
Chapter 3.Market Overview
...
Chapter 8.Company Profiles
8.1. Ashland
8.1.1.Business Overview
8.1.2.Product Portfolio
8.1.3.Strategic Developments
8.1.4.Sales, Revenue and Market Share
8.2. Reichhold
8.2.1.Business Overview
8.2.2.Product Portfolio
8.2.3.Strategic Developments
8.2.4.Sales, Revenue and Market Share
8.3. Arkema Group
8.3.1.Business Overview
8.3.2.ProductPortfolio
8.3.3.Strategic Developments
8.3.4.Sales, Revenue and Market Share
8.4. Wacker AG
8.4.1.Business Overview
8.4.2.Product Portfolio
8.4.3.Strategic Developments
8.4.4.Sales, Revenue and Market Share
8.5. PolyOne Corporation
8.5.1.Business Overview
8.5.2.Product Portfolio
8.5.3.Strategic Developments
8.5.4.Sales, Revenue and Market Share
8.6.Lucite International
....
Get More Information of This Report: https://www.crystalmarketresearch.com/report/low-profile-additives-lpa-market .
Reason to Buy -
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the Low Profile Additives (lpa) market, thereby allowing players to develop effective long term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
TO BE CONTINUED…
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