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Low Profile Additives Market Size, Share & Trends Analysis Report By Product (PVAc, HDPE, PU), By Function (Anti-shrinkage, Pigmentation), By Application (SMC/BMC, Pultrusion), By Region, And Segment Forecasts, 2024 - 2030

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BJH 24.03.08

Low Profile Additives Market Growth & Trends:

The global low profile additives market size is anticipated to reach USD 1.24 billion by 2030, registering a CAGR of 5.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rapid growth of the end-use industries, such as construction, automotive, and electronics, is expected to drive product demand. Moreover, rising demand for shrink & bulk molding compounds (SMCs/BMCs) pultruded plastics and resin transfer molding (RTM) products in automobiles as well as construction and infrastructural activities is likely to propel product demand in coming years. Products, such as polyvinyl acetate (PVAc), polymethyl methacrylate (PMMA), polystyrene (PS), and high-density polyethylene (HDPE), are used in a variety of applications, such as sheet and bulk molding compounds, pultrusion, and RTM.

Growing end-use industries around the world, particularly in emerging nations, are likely to fuel industry expansion. Key companies maintain a high market competition with the implementation of various strategic initiatives, such as new polymer launch, polymerion expansion, and mergers & acquisitions. For instance, in October 2023, Schaeffler Technologies AG & Co. KG acquired Aerosint SA from Desktop Metal in the U.S., bolstering its market position in additive manufacturing technologies. The new company, Schaeffler Aerosint SA, will be brought into the Schaeffler Group as a new location for Schaeffler Special Machinery.

Moreover, rapidly expanding automotive industry is expected to be a major factor driving the industry growth. Growing demand for sheet molded compounds from the automotive industry, on account of their low weight and surface finish, is anticipated to drive the demand for low profile additives. The demand for sheet molded parts has been increasing due to their application in outer shells of passenger vehicles as they are lightweight and easy to produce. Moreover, sheet molding is economically viable. Producers can reduce expenses in all aspects of the production, such as labor and waste. Such factors are anticipated to have a positive impact on market growth.

Low Profile Additives Market Report Highlights:

  • Growing end-use industries, such as construction, automotive, and electronics, are expected to drive product demand
  • High demand for SMC/BMC pultruded plastics and RTM products in automobiles as well as construction & infrastructural activities will also propel product demand
  • SMC/BMC composite solutions enable the production of lighter components, hence lowering the environmental impact as well as fuel emissions
  • Furthermore, tight tolerances can be generated immediately without the need for post-processing, resulting in not only cost savings but also greater profitability
  • The Asia Pacific regional market is expected to grow considerably owing to the augmentation and modernization of automotive industry coupled with new technological advances
  • Furthermore, several initiatives launched by the governments of various countries in this region to attract investments from international companies are projected to drive region's growth
  • Key low profile additives include PVAc, PMMA, PS, and HDPE. Advantageous properties of PVAc as a low profile additive, such as improved surface finish and almost-zero shrinkage, will boost its demand in various compounding techniques

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1. Market Segmentation & Scope
  • 1.2. Market Definition
  • 1.3. Information Procurement
    • 1.3.1. Purchased Database
    • 1.3.2. GVR's Internal Database
    • 1.3.3. Secondary Sources & Third-Party Perspectives
    • 1.3.4. Primary Research
  • 1.4. Information Analysis
    • 1.4.1. Data Analysis Models
  • 1.5. Market Formulation & Data Visualization
  • 1.6. Data Validation & Publishing

Chapter 2. Executive Summary

  • 2.1. Market Snapshot, 2023
  • 2.2. Polymer Segment Snapshot, 2023
  • 2.3. Application Segment Snapshot, 2023
  • 2.4. Competitive Landscape Snapshot

Chapter 3. Low profile additives Market Variables, Trends & Scope

  • 3.1. Market Lineage Outlook
    • 3.1.1. Global Plastic Additives Market Outlook
  • 3.2. Penetration & Growth Prospect Mapping
  • 3.3. Industry Value Chain Analysis
    • 3.3.1. Raw Material Trends
    • 3.3.2. Manufacturing Trends
  • 3.4. Regulatory Framework
  • 3.5. Market Dynamics
    • 3.5.1. Market Driver Analysis
    • 3.5.2. Market Restraint Analysis
    • 3.5.3. Industry Challenges
    • 3.5.4. Industry Opportunities
  • 3.6. Low profile additives Market- Business Environment Analysis
    • 3.6.1. Industry Analysis - Porter's Five Force Analysis
    • 3.6.2. Industry Analysis - Macroeconomic Factors Analysis
  • 3.7. East European Geopolitical Implication of the Industry Overview
  • 3.8. Impact of COVID-19 on Low profile additives Market

Chapter 4. Low profile additives Market: Product Estimates & Trend Analysis

  • 4.1. Product Movement Analysis & Market Share, 2023 & 2030
  • 4.2. Low profile additives Market Estimates & Forecast, By Product, 2018 to 2030 (Kilotons) (USD Million)
  • 4.3. Polyvinyl Acetate (PVAc)
    • 4.3.1. Low profile additives Market, Estimation and Forecast, by PVAc, 2018 - 2030 (Kilotons) (USD Million)
  • 4.4. Polymethyl Methacrylate (PMMA)
    • 4.4.1. Low profile additives Market, Estimation and Forecast, by PMMA, 2018 - 2030 (Kilotons) (USD Million)
  • 4.5. Polystyrene (PS)
    • 4.5.1. Low profile additives Market, Estimation and Forecast, by PS, 2018 - 2030 (Kilotons) (USD Million)
  • 4.6. High-density Polyethylene (HDPE)
    • 4.6.1. Low profile additives Market, Estimation and Forecast, by HDPE, 2018 - 2030 (Kilotons) (USD Million)
  • 4.7. Polyurethane (PU)
    • 4.7.1. Low profile additives Market, Estimation and Forecast, by PU, 2018 - 2030 (Kilotons) (USD Million)

Chapter 5. Low profile additives Market: Function Estimates & Trend Analysis

  • 5.1. Function Movement Analysis & Market Share, 2023 & 2030
  • 5.2. Low profile additives Market Estimates & Forecast, By Function, 2018 to 2030 (Kilotons) (USD Million)
  • 5.3. Anti-shrinkage
    • 5.3.1. Low profile additives Market, Estimation and Forecast, by Anti-shrinkage, 2018 - 2030 (Kilotons) (USD Million)
  • 5.4. Pigmentation
    • 5.4.1. Low profile additives Market, Estimation and Forecast, by pigmentation, 2018 - 2030 (Kilotons) (USD Million)

Chapter 6. Low profile additives Market: Application Estimates & Trend Analysis

  • 6.1. Application Movement Analysis & Market Share, 2023 & 2030
  • 6.2. Low profile additives Market Estimates & Forecast, By Application, 2018 to 2030 (Kilotons) (USD Million)
  • 6.3. SMC/BMC
    • 6.3.1. Low profile additives Market, Estimation and Forecast, by SMC/BMC, 2018 - 2030 (Kilotons) (USD Million)
  • 6.4. Pultrusion
    • 6.4.1. Low profile additives Market, Estimation and Forecast, by pultrusion, 2018 - 2030 (Kilotons) (USD Million)
  • 6.5. Resin Transfer Molding
    • 6.5.1. Low profile additives Market, Estimation and Forecast, by resin transfer molding, 2018 - 2030 (Kilotons) (USD Million)
  • 6.6. Others
    • 6.6.1. Low profile additives Market, Estimation and Forecast, by others, 2018 - 2030 (Kilotons) (USD Million)

Chapter 7. Low profile additives Market: Regional Estimates & Trend Analysis

  • 7.1. Regional Movement Analysis & Market Share, 2023 & 2030
  • 7.2. North America
    • 7.2.1. North America Chemical Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 7.2.2. U.S.
      • 7.2.2.1. Key country dynamics
      • 7.2.2.2. U.S. Low profile additives market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 7.2.3. Canada
      • 7.2.3.1. Key country dynamics
      • 7.2.3.2. Canada Low profile additives market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 7.2.4. Mexico
      • 7.2.4.1. Key country dynamics
      • 7.2.4.2. Mexico Low profile additives market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
  • 7.3. Europe
    • 7.3.1. Europe Chemical Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 7.3.2. Germany
      • 7.3.2.1. Key country dynamics
      • 7.3.2.2. Germany Low profile additives market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 7.3.3. UK
      • 7.3.3.1. Key country dynamics
      • 7.3.3.2. UK Low profile additives market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 7.3.4. Italy
      • 7.3.4.1. Key country dynamics
      • 7.3.4.2. Italy Low profile additives market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 7.3.5. France
      • 7.3.5.1. Key country dynamics
      • 7.3.5.2. France Low profile additives market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 7.3.6. The Netherlands
      • 7.3.6.1. Key country dynamics
      • 7.3.6.2. The Netherlands Low profile additives market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 7.3.7. Spain
      • 7.3.7.1. Key country dynamics
      • 7.3.7.2. Spain Low profile additives market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
  • 7.4. Asia Pacific
    • 7.4.1. Asia Pacific Chemical Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 7.4.2. China
      • 7.4.2.1. Key country dynamics
      • 7.4.2.2. China Low profile additives market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 7.4.3. India
      • 7.4.3.1. Key country dynamics
      • 7.4.3.2. India Low profile additives market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 7.4.4. Japan
      • 7.4.4.1. Key country dynamics
      • 7.4.4.2. Japan Low profile additives market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 7.4.5. South Korea
      • 7.4.5.1. Key country dynamics
      • 7.4.5.2. South Korea Low profile additives market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 7.4.6. Australia
      • 7.4.6.1. Key country dynamics
      • 7.4.6.2. Australia Low profile additives market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 7.4.7. Malaysia
      • 7.4.7.1. Key country dynamics
      • 7.4.7.2. Malaysia Low profile additives market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
  • 7.5. Central & South America
    • 7.5.1. Central & South America Chemical Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 7.5.2. Brazil
      • 7.5.2.1. Key country dynamics
      • 7.5.2.2. Brazil Low profile additives market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 7.5.3. Argentina
      • 7.5.3.1. Key country dynamics
      • 7.5.3.2. Argentina Low profile additives market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
  • 7.6. Middle East & Africa
    • 7.6.1. Middles East & Africa Chemical Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 7.6.2. Saudi Arabia
      • 7.6.2.1. Key country dynamics
      • 7.6.2.2. Saudi Arabia Low profile additives market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 7.6.3. United Arab Emirates (UAE)
      • 7.6.3.1. Key country dynamics
      • 7.6.3.2. UAE Low profile additives market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
    • 7.6.4. South Africa
      • 7.6.4.1. Key country dynamics
      • 7.6.4.2. South Africa Low profile additives market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)

Chapter 8. Low profile additives Market - Competitive Landscape

  • 8.1. Recent Developments & Impact Analysis, By Key Market Participants
  • 8.2. Company Categorization
  • 8.3. Company Market Share/Position Analysis, 2023
  • 8.4. Company Heat Map Analysis
  • 8.5. Strategy Mapping
    • 8.5.1. Expansion
    • 8.5.2. Mergers & Acquisition
    • 8.5.3. Partnerships & Collaborations
    • 8.5.4. New Product Launches
    • 8.5.5. Research And Development
  • 8.6. Company Profiles
    • 8.6.1. Wacker Chemie AG
      • 8.6.1.1. Participant's overview
      • 8.6.1.2. Financial performance
      • 8.6.1.3. Product benchmarking
      • 8.6.1.4. Recent developments
    • 8.6.2. INEOS AG
      • 8.6.2.1. Participant's overview
      • 8.6.2.2. Financial performance
      • 8.6.2.3. Product benchmarking
      • 8.6.2.4. Recent developments
    • 8.6.3. Polynt S.p.A.
      • 8.6.3.1. Participant's overview
      • 8.6.3.2. Financial performance
      • 8.6.3.3. Product benchmarking
      • 8.6.3.4. Recent developments
    • 8.6.4. Vin Industries
      • 8.6.4.1. Participant's overview
      • 8.6.4.2. Financial performance
      • 8.6.4.3. Product benchmarking
      • 8.6.4.4. Recent developments
    • 8.6.5. BASF SE
      • 8.6.5.1. Participant's overview
      • 8.6.5.2. Financial performance
      • 8.6.5.3. Product benchmarking
      • 8.6.5.4. Recent developments
    • 8.6.6. ALTANA
      • 8.6.6.1. Participant's overview
      • 8.6.6.2. Financial performance
      • 8.6.6.3. Product benchmarking
      • 8.6.6.4. Recent developments
    • 8.6.7. POLYCHEM LIMITED
      • 8.6.7.1. Participant's overview
      • 8.6.7.2. Financial performance
      • 8.6.7.3. Product benchmarking
      • 8.6.7.4. Recent developments
    • 8.6.8. SWANCOR
      • 8.6.8.1. Participant's overview
      • 8.6.8.2. Financial performance
      • 8.6.8.3. Product benchmarking
      • 8.6.8.4. Recent developments
    • 8.6.9. LyondellBasell Industries Holdings B.V.
      • 8.6.9.1. Participant's overview
      • 8.6.9.2. Financial performance
      • 8.6.9.3. Product benchmarking
      • 8.6.9.4. Recent developments
    • 8.6.10. Aromax Technology Corporation
      • 8.6.10.1. Participant's overview
      • 8.6.10.2. Financial performance
      • 8.6.10.3. Product benchmarking
      • 8.6.10.4. Recent developments
    • 8.6.11. Interplastic Corporation
      • 8.6.11.1. Participant's overview
      • 8.6.11.2. Financial performance
      • 8.6.11.3. Product benchmarking
      • 8.6.11.4. Recent developments
    • 8.6.12. Synthomer PLC
      • 8.6.12.1. Participant's overview
      • 8.6.12.2. Financial performance
      • 8.6.12.3. Product benchmarking
      • 8.6.12.4. Recent developments
    • 8.6.13. AOC, LLC
      • 8.6.13.1. Participant's overview
      • 8.6.13.2. Financial performance
      • 8.6.13.3. Product benchmarking
      • 8.6.13.4. Recent developments
    • 8.6.14. Mechemco
      • 8.6.14.1. Participant's overview
      • 8.6.14.2. Financial performance
      • 8.6.14.3. Product benchmarking
      • 8.6.14.4. Recent developments
    • 8.6.15. Taak Resins Co.
      • 8.6.15.1. Participant's overview
      • 8.6.15.2. Financial performance
      • 8.6.15.3. Product benchmarking
      • 8.6.15.4. Recent developments
    • 8.6.16. NOF CORPORATION
      • 8.6.16.1. Participant's overview
      • 8.6.16.2. Financial performance
      • 8.6.16.3. Product benchmarking
      • 8.6.16.4. Recent developments
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