Global Acrylic Processing Aid Market New Innovations Trends, Research, Global Share and Growth Factor

SDKI Inc. published a new report on the global acrylic processing aid market. This study includes the statistical and analytical approaches needed to grow the acrylic processing aid market. The key industry insights provided in the report provide readers with better ideas about market overviews regarding existing market scenarios. In addition, the report contains a detailed discussion of current and future market trends related to market growth.

Report sample URL
https://www.sdki.jp/sample-request-110295

The acrylic processing aid market is estimated to reach approximately US $ 573 billion by 2030, from a market value of approximately US $ 122.2 billion in 2022, and is expected to grow at a CAGR of 24.70% during the 2022-2030 forecast period. It has been.

Acrylic processing aids are polymer compounds for extrusion or injection molding, especially polyvinyl chloride. Used to improve the performance of vinyl (PVC). PVC has excellent electrical, mechanical, chemical resistance and wear resistance, among other properties, compared to traditional materials such as glass, paper, metal and ceramics. Acrylic processing aids are widely used in plastics for PVC applications in the construction and automotive industries. The constant innovation and need for lighter materials in many applications is driving the replacement of these traditional materials with plastic.

Various companies use acrylic processing aids in the PVC manufacturing process. This is to increase production, speed up melting, and improve melting strength and elasticity. Acrylic processing aids are widely used due to their cost-effectiveness and properties to provide high quality products. According to plasticisers.org, PVC is suitable for recycling. The European PVC industry is building a long-term sustainability framework for the entire PVC value chain through the VinylPlus initiative. It works for the efficient use of PVC throughout its life cycle. In addition, by 2030, Vinyl Plus has promised to recycle at least 1 million tonnes annually. Leading companies in the plastics industry are also working to improve the quality of PVC to boost market growth. These factors are driving the growth of the acrylic processing aid market during the forecast period.

Report sample URL
https://www.sdki.jp/sample-request-110295

However, low R & D costs for SMEs due to lack of capital could curb growth in the acrylic processing aid market during the 2022-2030 forecast period.

Acrylic processing aid market segment

The acrylic processing aid market is by polymer type (PVC, etc.), manufacturing process (extrusion molding, injection molding, etc.), and end-use industry (building and construction, packaging, automobiles, consumer goods). , Other), and divided by region. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.

Regional overview of the acrylic processing aid market

North American region is expected to dominate the acrylic processing aid market during the forecast period. This is due to an increase in applications from the automotive and packaging industry in the region. Meanwhile, the Asia Pacific acrylic processing aid market is expected to show the highest growth rate / CAGR during the 2022-2030 forecast period. Factors such as rising investment levels from some end-use industries and rising spending levels by the middle-class population are expected to drive growth in the Acrylic processing aid market in the Asia Pacific region.

These regional segments are North America (US and Canada); Asia Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Singapore, Other Asia Pacific); Latin America (Brazil, Mexico, Argentina, etc.) Latin America); Middle East and Africa (Israel, GCC [Saudi Arabia, Arab Emirates, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, and other Middle East and Africa) and Europe (UK, Germany, France, Italy) , Spain, Hungary, Belgium, Netherlands, Luxemburg, NORDIC, Poland, Turkey, Russia and other Europe) and more.

Key players in the acrylic processing aid market

Key players in the acrylic processing aid market include Mitsubishi Chemical Corporation, Arkema SA, Shandong Ruifeng Chemical Co. Ltd., Akdeniz Chemson, The Down Chemical Company, BrightVolt., Kaneka. Corporation, WSD Chemical Limited, Indofil Industries Limited, Novista Group and more. The study includes a detailed competitive analysis, corporate profile, recent developments, and key market strategies for these major companies in the acrylic processing aid market.

Details of the survey report
https://www.sdki.jp/press-details/global-acrylic-processing-aid-market/192

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This release was published on openPR.