Low Profile Additives Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

1
(No Transcript)
2
Low Profile Additives Market Research Report
Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
REQUEST SAMPLE
VIEW REPORTS
3
Low Profile Additives Market - 2023
Global Low Profile Additives Market
Information by Technique (SMC, BMC, RTM), Product
(PVA, PMMA, PS, HDPE), End-Use Industry
(Automotive, Construction, Military Aerospace,
Electronics, Consumer Products Home
Appliances), RegionForecast till 2023 Market
Overview Low profile additives are thermoplastics
particles that are incorporated into unsaturated
polyester resin to enhance the surface finish of
fiberglass by shrinkage compensation. Low profile
additives, when used in unsaturated polyester
resins systems, offer improved characteristics
such as viscosity thickening plateau, paste
viscosity, and phase separation. The global low
profile additives market is primarily driven by
the increasing use of these additives in the
automotive industry. The use of low profile
additives in automobiles makes them lightweight
yet strong, and therefore more efficient and
durable. Moreover, the increasing use of the
product in the building and construction industry
is propelling market growth. Dynamic
growth-centric countries in Asia-Pacific such as
China, India, Thailand, Malaysia, and Indonesia
are expected to offer lucrative opportunities for
growth to market players during the forecast
period. Additionally, the use of fiber reinforced
plastics incorporated with low profile additives
offers design flexibility, cost reduction, weight
reduction and improved lead time. However, the
volatility of raw material prices is likely to
hamper market growth during the review period.
Also, the substitution by polymers in major
end-use industries such as automotive,
construction, and pharmaceuticals may have a
negative impact on market growth.
4
Low Profile Additives Market - 2023
Regional Analysis The global low profile
additives market has been segmented into five
regions, namely, Asia-Pacific, North America,
Europe, Latin America, and the Middle East
Africa. The market in Asia-Pacific dominated the
global low profile additives market in 2017 due
to the high demand in the automotive industry.
The increasing demand for lightweight and
fuel-efficient automobiles in the region due to
environmental concerns is expected to drive
market growth during the forecast period.
Fast-paced industrialization in emerging
economies such as China and India is also
expected to fuel product demand. North America
accounted for the second-largest market share in
2017 on account of the high demand for low
profile additives in the automotive, electronics,
construction, and aerospace industries in the
region. The European market is expected to grow
at a significant rate due to the high production
and sales of automotive parts in the region. The
Latin American market is projected to witness
considerable growth due to the growing automotive
industries in Brazil and Argentina. The market
in the Middle East Africa is also likely to
grow due to the presence of infrastructure hubs
in the region. Segmentation The global low
profile additives market has been segmented on
the basis of technique, product, end-use
industry, and region. Based on technique, the
global low profile additives market has been
segmented into sheet molding compound (SMC), bulk
molding compound (BMC), resin transfer molding
(RTM), and pultrusion. On the basis of product,
the market has been segmented into polyvinyl
acetate (PVA), polymethyl methacrylate (PMMA),
polystyrene (PS), and high-density polyethylene
(HDPE). By end-use industry, the market has been
segmented into automotive, construction, military
and aerospace, electronics, consumer products and
home appliances, and others.
5
Low Profile Additives Market - 2023
Key Players Some of the manufacturers operating
in the global low profile additives market are
PolyOne Corporation (U.S.), Ashland (U.S.), CCP
Composites (U.S.), Wacker Chemie AG (Germany),
LyondellBasell Industries Holdings B.V.
(Netherlands), Momentive (U.S.), FRP Services
Company (Japan), Reichhold LLC 2 (U.S.), Command
Chemical Corporation, Inc. (U.S.), Changzhou
Huarun Composite Materials Co., Ltd. (China),
Arkema (France), and Swancor Ind. Co., Ltd.
(Taiwan). Intended Audience Low profile
additives manufacturers Traders and distributors
of low profile additives Research and development
institutes Potential investors Raw material
suppliers Nationalized laboratories
6
ABOUT US
MARKET RESEARCH FUTURE At Market Research Future
(MRFR), we enable our customers to unravel the
complexity of various industries through our
Cooked Research Report (CRR), Half-Cooked
Research Reports (HCRR), Raw Research Reports
(3R), Continuous-Feed Research (CFR), and Market
Research Consulting Services. MRFR team have
supreme objective to provide the optimum quality
market research and intelligence services to our
clients. Our market research studies by products,
services, technologies, applications, end users,
and market players for global, regional, and
country level market segments, enable our clients
to see more, know more, and do more, which help
to answer all their most important questions. In
order to stay updated with technology and work
process of the industry, MRFR often plans
conducts meet with the industry experts and
industrial visits for its research analyst
members. For more information kindly visit
www.marketresearchfuture.com or contact us at
info_at_marketresearchfuture.com Copyright 2018
Market Research Future All Rights Reserved. This
document contains highly confidential information
and is the sole property of Market Research
Future. No part of it may be circulated, copied,
quoted, or otherwise reproduced without the
written approval of Market Research Future.
7
(No Transcript)