Press release
Low Profile Additives Market 2021 Value with Status and Global Analysis - Aliancys AG, ALTANA, AOC LLC, Arkema Group, Ashland, Composites One, Link Composites Pvt Ltd
The Low Profile Additives Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The market for low profile additives is expected to register a CAGR of more than 7%, during the forecast period.
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Top Leading Companies of Low Profile Additives Market are Aliancys AG, ALTANA, AOC LLC, Arkema Group, Ashland, Composites One, Link Composites Pvt Ltd, Lucite International (Mitsubishi Chemical), Mechemco, Monachem, Poliya Composite Resins and Polymers Inc., Polynt, Reichhold LLC, Swancor, Synthomer PLC, Wacker Chemie AG and others.
Key Market Trends
Increase in Demand for High-performance SMC (Sheet Molding Compound) Formulations from Automotive Industry
- The automotive industry is currently following an important energetic transition, with the development of vehicles in compliance to drastic environmental constraints.
- A vehicle weight reduction of 100 kg saves up to 12.5 g of CO2 emissions every kilometer. In other words, every kilogram in car weight reduction can save 20 kg of greenhouse gas emissions throughout the lifetime of a car. Furthermore, volatile and gradually increasing gas prices may lead to a higher demand for lightweight cars, with higher fuel efficiency.
- In this scenario, the reduction of the overall weight of cars is crucial. The substitution of heavy steel parts by lightweight composite materials is gaining momentum.
- In a typical automobile, the use of fiber composites is 50% by volume, while adding just 10% of the weight. In the United States, the government raised the fuel efficiency requirements for new automobiles to 54.5 miles per gallon, by 2025, for the US market. Therefore, the companies have started using composite materials, such as carbon fiber, to make vehicles lightweight and fuel-efficient.
Regional Outlook of Low Profile Additives Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Low Profile Additives Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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