Get In Touch

Acrylic processing aids are used to enhance the extrusion- or injection-molding performance of polymer compounds, especially polyvinyl chloride (PVC). Processability of PVC compounds determines the appearance and physical properties of the molded parts. This factor can be improved through the use of acrylic processing aids. Acrylic processing aids perform functions such as decreasing the melting temperature through rapid fusion of PVC compounds, improving the melt uniformity, improving the heat stability, maintaining and improving the surface gloss of PVC products, and maintaining the melt flow-ability. Processing aids, also known as flow improvers, are often confused with lubricants, as both enhance the flow-ability of PVC. Processing aids are substances attuned with PVC molecules and they normally have high molecular weight, tending to offer wall-adhering PVC compounds. On the other hand, lubricants are low-molecular-weight substances that tend to produce wall-slipping PVC compounds.

Based on fabrication, the global acrylic processing aids market has been classified into injection molding, extrusion molding, and others (such as filament winding, pultrusion). Based on end-use industry, the market has been segmented into packaging, consumer goods, automotive, building & construction, and others. Increasing building and construction activities in emerging economies is a key factor expected to drive the APA market during the forecast period. However, decline in research and development activities related to acrylic processing aids is likely to hamper the market during the forecast period.

Among fabrication types, the extrusion segment held the leading share of the acrylic processing aids market in 2015 and the trend is anticipated to continue during the forecast period. Extrusion is used to process high volumes of plastics. The raw materials, which are in the form of granules, flakes, or powders, are fed into extrusion machines and melted under high temperature, depending on the type of plastic. Acrylic processing aids help in improving and controlling the melting temperature by providing excellent heat stability. This is a key factor anticipated to drive the acrylic processing aids market in the extrusion segment in the next few years. Other segments such as injection molding and others (filament winding, pultrusion, etc.) are expected to expand at a moderate rate during the forecast period.

Among end-user industries, the building & construction segment held a major share of the acrylic processing aids market in 2015 and it is likely to dominate the market during the forecast period. The segment is projected to expand rapidly during the forecast period. Increasing demand for cost-effective building and construction products such as pipes, containers, and roofing and rising demand for cost-effective PVC products are projected to fuel the building & construction segment during the forecast period. Automotive is another lucrative segment, which is expected to witness significant growth during the forecast period.

 The APA markets in Europe and North America, which are already at a mature stage, are likely to witness sluggish growth during the forecast period. The market in Asia Pacific is estimated to expand at the maximum CAGR during the forecast period, followed by Middle East & Africa. Infrastructure development in the Middle East is expected to propel the demand for acrylic processing aids in MEA during the forecast period.

Asia Pacific constituted a major share of the global acrylic processing aids market in 2015 and is anticipated to dominate the market during the forecast period. Growth in building and construction activities and the expanding automotive sector are the key factors likely to propel the demand for acrylic processing aids in the region in the next few years.

Key players operating in the global acrylic processing aids market are Kaneka Corporation, Arkema SA, The Dow Chemical Company, LG Chem Ltd., Shandong Ruifeng Chemical Co. Ltd., Shandong Rike Chemicals Co., Mitsubishi Rayon Co.Ltd., 3M Company, BASF SE, and Akdeniz Kimya A.S. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players 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.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Acrylic Processing Aids Market

Pre Book