Polymer Processing Aid Market is Forecasted to Reach US$ 2.3 billion in 2026, Says Stratview Research

The global Polymer Processing Aid Market is projected to witness a growth rate of 3.9% annually from 2021 to 2026, with an anticipated size of US$ 2.3 billion in 2026, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global Polymer Processing Aid Market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:
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Report Highlights:
Market Size in 2026: US$ 2.3 billion
Growth (CAGR): 3.9% during 2021-2026
Forecast Period: 2021-2026
Trend Period: 2015-2019
Base Year: 2020
Number of Segments Covered: 3
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the Polymer Processing Aid Market:
The global Polymer Processing Aid Market is segmented based on polymer type, application type, and region.

Based on Polymer Type- We have segmented the market as polyethylene, polypropylene, and others. The polyethylene segment is further sub-segmented into HDPE, LLDPE, and LDPE. Polyethylene is estimated to dominate the market in the coming five years, in terms of both value and volume. The growth is attributed to the rising employment of HDPE, LLDPE, and LDPE in the consumer goods, building & construction, and automotive industries.
The polypropylene segment is projected to depict the highest growth during the forecast period, on account of the escalating demand from the packaging and healthcare industries.

Based on Application Type- The market is segmented as blown film & cast film, extrusion & molding, pipes & tubes, fibers & raffia, wires & cables, and others. The blown film & cast film segment is estimated to continue holding the throne during the forecast period. The growth is triggered by the rising use of polymer processing aids to manufacture blown films & cast films to substantiate the mounting demand for quality films especially in China, Japan, India, and South Korea.

To know the most attractive segments, click here for a free sample of the report:
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Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that Asia-Pacific is expected to be the largest market at a CAGR of 5.3% during the forecast period. This growth outlook is majorly attributed to the following-
• China and India are likely to remain the thrust-bearers of the region.
• China has been quite resilient in exerting efforts to acquire PP self-sufficiency and to reduce dependency on PE imports, in an attempt to establish and integrate, an indigenous polymer production value chain.
• North America and Europe are also expected to offer sizeable growth opportunities during the forecast period.

Polymer Processing Aid Market Drivers:
• The demand for plastics has incessantly been increasing for a wide range of applications by replacing metals in some cases. In industries, such as automotive, the ineluctable need to attain fuel efficiency drives the usage of lightweight materials such as composites and plastics. In the consumer goods and packaging industries, polymers remain the materials of choice.
• Steady demand from the relatively unstirred packaging and consumer goods industries proved to be the boat that sailed PPA demand through the pandemic's waves. A sudden spike in demand for PP and PE masks, medical gowns, and other medical supplies proved to be another factor adding momentum to the market in 2020.

Top 10 Companies in the Polymer Processing Aid Market:
Stratview Research has identified the following companies as the top market players:
• Arkema S.A.
• Avient Corporation
• Daikin Industries, Ltd.
• Fine Organic Industries Ltd.
• LyondellBasell Industries N.V.
• Solvay S.A.
• The Chemours Company
• The 3M Company
• Tosaf Group
• Wells Plastics Ltd.

What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Polymer Processing Aid Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:
• Polypropylene Market : https://www.stratviewresearch.com/1416/polypropylene-market.html
• Polymer Dispersions Market: https://www.stratviewresearch.com/571/polymer-dispersions-market.html

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
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This release was published on openPR.