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Low Profile Additives Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

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Global Low profile additives Market: Overview

Low profile additives are thermoplastic polymers which are added to glass or polyester composites during the production process of composites for enhancing the surface finish and to shun the contraction. Composites tend to experience soaring contraction in the volume at the polymerization stage of unsaturated polyester resins. This ultimately results in meager surface appearance and also leads to internal voids and cracks. The mixture of low profile additives are and unsaturated polyester resins are used for avoiding the contraction at the polymerization stage and to maintain the dimensional stability of the composites.

Low profile additives Market: Segmentation

The major types of low profile additives include polystyrene, polyvinyl acetate, high density polyethylene (HDPE) and polymethyl methacrylate (PMMA). These low profile additives are mainly used in applications such as pultrusion and molding compounds. The application products of low profile additives are used in industries such as sanitary ware and automotive. The growing demand for low profile additives from end-user industries such as automotive is expected to drive the global for low profile additives market in the next few years.

Low profile additives Market: Geographical Dynamics

Asia Pacific is expected to be the fastest growing market for low profile additives in the next few years. The most noteworthy reason for this is the increasing demand for the application products of low profile additives in emergent Asian countries such as China, India, Indonesia, Malaysia and Thailand. Also, the countries such as Brazil, Argentina, South Africa, Saudi Arabia, Egypt and Israel are showing rapid growth in the automotive and other industries since the last few years. The growing demand for automobiles across the globe, especially in the emergent countries, is anticipated to drive the global low profile additives market in the next few years. In addition, the U.S. and European nations are steadily recovering from the economic crisis. All these factors are creating a positive outlook for the overall global industrial scenario. Considering this outlook, the industries such as automotive and related industries are anticipated to record an astounding growth in the next few years.  Due to this, the demand for application products of low profile additives such as molding compounds are projected to record an amazing growth in the next few years. Ultimately, the demand for low profile additives such as polystyrene, polyvinyl acetate, high density polyethylene (HDPE) and polymethyl methacrylate (PMMA) is expected to increase in the next few years. Moreover, there is a notable market potential for automotive and allied industries in the rapidly emerging nations such as China, India and Brazil. The growing demand for low profile additives in industries such as automotive and sanitary ware across different regions of the world, especially in the emergent countries, is anticipated to drive the global low profile additives market in the next six years.

Low profile additives Market: Competitive Landscape

The major players operating in the low profile additives market are mainly focusing on the developing economies for tapping their huge market potential. These companies are installing massive production facilities in the developing countries to fulfill the swiftly rising demand for low profile additives from different end-user industries. Therefore, the global low profile additives market is projected to experience a significant growth in the next six years.

Some of the major companies operating in the global low profile additives market are Momentive Specialty Chemicals Inc., CCP Composites, Arkema, Ashland Inc., FRP Services & Company, Wacker Chemie AG, Mechemco Group, Polyone Corporation, Cray Valley, Lucite International, Swancor Ind. Co. Ltd., Reichhold Chemicals Inc., Command Chemical Corp. and Changzhou Huarun Composite Materials Co. Ltd.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.


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