Press release
Low Profile Additive (LPA) Market 2021 | Worldwide Industry Gross Margin, Share, Size, Future Demand, Leading Player, Progression Status and Forecast till 2027
Market Intelligence Data has released a new report on the global “Low Profile Additive (LPA) market”. The document gives a complete evaluation of the market. It understands market development through in-depth insights, tracking historical results and analysing current scenarios and future forecasts based on optimistic and possible situations. The report provides detailed statistics on the Low Profile Additive (LPA) market industry and its framework. This report Provides intelligent marketing research for more thoughtful decision-making and resource investment estimation. The report discusses these elements and describes the main players that are expected to extend the demand for the Low Profile Additive (LPA) market within the upcoming years.The Global Low Profile Additive (LPA) Market Size is Projected to Reach at a CAGR of 12% during 2021-2027.
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Industry top players are:
Aliancys AG, ALTANA, AOC LLC, Arkema Group, Ashland, Link Composites Pvt Ltd, Lucite International (Mitsubishi Chemical), Mechemco, Monachem, Poliya Composite Resins and Polymers Inc., Polynt, Reichhold, Swancor, Synthomer PLC, Wacker Chemie AG
Recent Developments
In November 2018, Polynt-Reichhold Group (Italy) and Gazechim Composites (Sweden) entered into a distribution agreement with Gazechim Composites (Sweden) to distribute unsaturated polyester products, gelcoats, and bonding pastes. The development will increase the market share of Polynt-Reichhold in Europe and also help to cater to the increasing demand for low profile additives, globally.
In August 2018, LyondellBasell (Netherlands) acquired A. Schulman, Inc. (US), a global supplier of composites, high-performance plastic compounds, and powders. The acquisition doubled the existing company’s compounding business and broadened its reach in various growing end-use industries such as automotive, construction materials, electronic goods, and packaging.
In August 2018, AOC and Aliancys (Switzerland) signed a merger agreement to create a global resins group. AOC Aliancys will now supply polyester and vinyl ester resins, gelcoats, and other materials for the composites industry. The merger will bring innovative composite solutions to various industries, globally.
In November 2017, Wacker Chemie (Germany) opened a technical center for the construction, textile, and consumer care applications in Istanbul. The center enabled the testing of tile adhesive and external thermal insulation composite systems that are the two key applications of Vinnapas.
Low Profile Additive (LPA) Market Segmentation by Type:
Polystyrene-based
Polyvinyl Acetate-based
PMMA-based
High-density Polyethylene (HDPE)
Polyester-based
Low Profile Additive (LPA) Market Segmentation by Application:
Injection and Compression Molding
Pultrusion
Resin Transfer Molding (RTM)
Hand Lay-up
Spray-up
APAC is projected to be the largest market, in terms of value, during the forecast period
APAC is the major revenue-generating region in the global low profile additives market owing to its large industrial base and growing urbanization. APAC is also the fastest-growing low profile additive market, globally. The growth of the APAC low profile additive market can be attributed to the augmentation and modernization along with new technological developments in the automotive industry. In addition, several initiatives undertaken by the governments of different countries of the region to attract investments from various international companies are also expected to propel the growth of the APAC low profile additive market during the forecast period.
Regional Low Profile Additive (LPA) Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Significant Features and Key Highlights of the Reports:
– Detailed overview of Low Profile Additive (LPA) Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value.
– Recent industry trends and developments
– Competitive landscape of Low Profile Additive (LPA) Market
– Strategies of key players and product offerings
– Potential and niche segments/regions are exhibiting promising growth.
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The report gives answers to the following:
What strategies are followed by key players to fight this Covid-19 situation?
What are the essential matters drivers, opportunities, challenges, and dangers of the market will face surviving?
Which are the leading market players in the Low Profile Additive (LPA) industry?
What is the global marketplace's predicted compound annual growth rate (CAGR) during the forecast period (2021-2027)?
What could be the Low Profile Additive (LPA) marketplace's anticipated value during the forecast period?
Covid-19 Impact and Recovery Analysis:
The number one goal of this Low Profile Additive (LPA) Market document is to provide Quantitative records within charts and graphs. The information regarding market fundamentals is provided purely for the sake of readers. All the readers on the side of stakeholders will understand the market situations and business enterprise environment because it needs to be through this properly-planned Market analysis. It turns smooth to collect the effect of COVID-19 on the market boom through this Low Profile Additive (LPA) market document.
Customization:
The Global Low Profile Additive (LPA) Market report may be modified to meet your specific business needs. Because we understand what our clients want, we provide up to 20% customization for our Market Intelligence Data reports at no additional cost to all of our Users.
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