Low Profile Additives Market Size, Share & Trends Analysis Report By Product (PVA, PMMA, PS, HDPE), By Application (SMC/BMC, Pultrusion, Resin Transfer Molding), And Segment Forecasts, 2019 - 2025

Published: Apr, 2019 | Pages: 115 | Publisher: Grand View Research
Industry: Chemicals | Report Format: Electronic (PDF)

The global low profile additives market size is expected to reach USD 1.71 billion by 2025, expanding at a CAGR of 7.4% over the forecast period, according to a new report by Grand View Research, Inc. Growing demand for low shrinkage and surface finished plastic products is likely to drive the demand for Low Profile Additives (LPA).

Demand for low profile additives is anticipated to witness significant growth in the forthcoming years on account of expanding automotive industry in Asia Pacific and North America. Increasing application of Polyvinyl Acetate (PVA) low profile additives in headlamp reflectors, lighting systems, and under the hood components is likely to drive growth of the low profile additives market. On the down side, fluctuation in raw material prices is expected to hinder the growth over the forecast period. An increase in raw material prices could result in a surge in cost of production, thereby affecting LPA prices.

Low cost for per unit weight is likely to drive demand for polystyrene products over the forecast period. Growing demand from construction industry and increasing SMC and BMC applications are expected to drive demand for low profile additives. Polystyrene LPAs are used in various markets including building and construction, electronics and electrical, home and domestic appliances, and industrial sector. Growing demand for low shrinkage products from end-use industries is expected to drive demand for polystyrene products in near future.

Increasing demand from sheet and bulk molding compounds is prominently fueling the LPA market growth. Although Sheet Molding Compounds (SMC) and Bulk Molding Compounds (BMC) are similar in composition, they are processed differently. Production technologies for both these composites involve similar two-part process for molded parts. Low profile additives used in the resin premixes perform the role of reduction of polymerization shrinkage and thermal contraction. The resulting composite parts from these applications compete with steel parts in their mechanical properties and ensure pronounced chemical and corrosion resistance and allow very high design freedom. SMCs ensure superior mechanical properties on the backdrop of the longer fibers utilized in this process. On the other hand, BMCs impart several essential advantages to the composite materials such as better flow and temperature resistance as compared to SMC owing to the shorter fibers and higher filler content.

Most companies actively participating in the market have extensive production capacities and vast distribution channels across the globe. Manufacturers are involved in new product developments and expansion strategies, such as mergers and acquisitions, to strengthen their position in the market.

Further key findings from the study suggest:

• Asia Pacific led the low profile additives market during the forecast period. China is the fastest-growing country on account of growing automotive industry

• Polyvinyl acetate segment is fueling the market growth owing to its improved surface finished and low shrinkage properties

• Various strategic initiatives were recorded over the past few years to boost the growth of the market. For instance, in November 2017, Wacker Chemie AG expanded its existing production facilities dispersions and dispersible polymer powders in South Korea. Purpose of the expansion was to increase annual production capacity of dispersible polymer powders up to 80,000 MT.

 Table of Contents

Chapter 1 Methodology and Scope
                 1.1 Market Segmentation & Scope
                 1.2 Market Definition
                 1.3 Information Procurement
                     1.3.1 Purchase 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 Outlook
                 2.2 Segment Outlook
                 2.3 Competitive Insights

Chapter 3 Low Profile Additives Market Variables, Trends, and Scope
                 3.1 Market Lineage Outlook
                     3.1.1 Global Low Profile Addhesive Market Outlook
                     3.1.2 Global Addhesive Market Outlook
                 3.2 Penetration & Growth Prospect Mapping
                 3.3 Industry Value Chain Analysis
                     3.3.1 Raw Material Trends
                         3.3.1.1. Major Raw Materials Analysis
                     3.3.2. Manufacturing Trends
                         3.3.2.1 Technology Trends
                     3.3.3. Sales Channel Analysis
                     3.3.4. Vendor Selection Criteria Analysis
                     3.3.5. List of Key End-User by Region
                 3.4.Technology Overview
                 3.5. Regulatory Framework
                     3.5.1 Electrical appliance and material safety act, Japan 
                     3.5.2. ISO 9001:2008 - Quality management systems for the plastics sector
                     3.5.3. OSHA Hazard Communication Standard
                     3.5.4. The National Institute for Occupational Safety and Health (NIOSH)
                 3.6. Market Dynamics
                     3.6.1. Market driver Analysis
                         3.6.1.1. Growing electrical & electroncis industry in asia pacific
                         3.6.1.2. Rising demand from renewable energy systems
                     3.6.2. Market Restraint Analysis
                         3.6.2.1. Fluctuation in the crude oil prices
                 3.7. Industry Analysis-Porter's
                     3.7.1. Supplier Power
                     3.7.2. Buyer Power
                     3.7.3. Substitution Threat
                     3.7.4. Threat of New Entrant
                     3.7.5. Competitive Rivalry
                 3.8. PESTEL Analysis
                     3.8.1. Political Landscape
                     3.8.2. Environmental Landscape
                     3.8.3. Social Landscape
                     3.8.4. Technological Landscape
                     3.8.5. Economic Landscape
                     3.8.6. Legal Landscape
                 3.9. Major Deals & Strategic Analysis
                     3.9.1. Joint Venture
                     3.9.2. Mergers & Acquisitions
                 3.10. Market Entry Strategies

Chapter 4 Low Profile Additives Market: Product Estimates & Trend Analysis
                 4.1. Definition & Scope
                 4.2. Product Movement Analysis & Market Share, 2018 & 202
                 4.3. Market size & forecasts and trend analysis, 2014 to 2025 for the following:
                     4.3.1. Polyvinyl Acetate
                         4.3.1.1. Market estimates and forecast, 2014 - 2025
                         4.3.1.2. Market estimates and forecast by region, 2014 - 2025
                     4.3.2. Polymethyl Methacrylate (PMMA)
                         4.3.2.1 Market estimates and forecast, 2014 - 2025
                         4.3.2.2 Market estimates and forecast by region, 2014 - 2025
                     4.3.3. Polystyrene
                         4.3.3.1. Market estimates and forecast, 2014 - 2025
                         4.3.3.2. Market estimates and forecast by region, 2014 - 2025
                     4.3.4. High Density Polyethylene
                         4.3.4.1. Market estimates and forecast, 2014 - 2025
                         4.3.4.2. Market estimates and forecast by region, 2014 - 2025

Chapter 5 Low Profile Additives (LPA) Market: Application Estimates & Trend Analysis
                 5.1. Definition & Scope
                 5.2. Application Movement Analysis & Market Share, 2018 & 202
                 5.3. Market size & forecasts and trend analysis, 2014 to 2025 for the following:
                     5.3.1. Sheet & Bulk Molding Compounds
                         5.3.1.1. Market estimates and forecast, 2014 - 2025
                         5.3.1.2. Market estimates and forecast by region, 2014 - 2025
                     5.3.2. Pultrusion
                         5.3.2.1. Market estimates and forecast, 2014 - 2025
                         5.3.2.2. Market estimates and forecast by region, 2014 - 2025
                     5.3.3. Resin Transfer Molding
                         5.3.3.1. Market estimates and forecast, 2014 - 2025
                         5.3.3.2. Market estimates and forecast by region, 2014 - 2025

Chapter 6 Low Profile Additives Market: Regional Estimates & Trend Analysis
                 6.1. Regional Market Snapshot
                 6.2. SWOT Analysis, by Factor (Political & Legal, Economic and Technological)
                     6.2.1. North America
                     6.2.2. Europe
                     6.2.3. Asia Pacific
                     6.2.4. Central & South America
                     6.2.5. Middle East & Africa
                 6.3. North America
                     6.3.1 Market estimates and forecast, 2014 - 2025
                     6.3.2 Market estimates and forecasts, by product, 2014 - 2025
                     6.3.3 Market estimates and forecast, by application, 2014 - 2025
                     6.3.4 U.S.
                         6.3.4.1 Market estimates and forecast, 2014 - 2025
                         6.3.4.2 Market estimates and forecasts, by product, 2014 - 2025
                         6.3.4.3 Market estimates and forecast, by application, 2014 - 2025
                     6.3.5 Canada
                         6.3.5.1 Market estimates and forecast, 2014 - 2025
                         6.3.5.2 Market estimates and forecasts, by product, 2014 - 2025
                         6.3.5.3 Market estimates and forecast, by application, 2014 - 2025
                     6.3.6 Mexico
                         6.3.6.1 Market estimates and forecast, 2014 - 2025
                         6.3.6.2 Market estimates and forecasts, by product, 2014 - 2025
                         6.3.6.3 Market estimates and forecast, by application, 2014 - 202
                 6.4 Europe
                     6.4.1 Market estimates and forecast, 2014 - 2025
                     6.4.2 Market estimates and forecasts, by product, 2014 - 2025
                     6.4.3 Market estimates and forecast, by application, 2014 - 2025
                     6.4.4 Germany
                         6.4.4.1 Market estimates and forecast, 2014 - 2025
                         6.4.4.2 Market estimates and forecasts, by product, 2014 - 2025
                         6.4.4.3 Market estimates and forecast, by application, 2014 - 2025
                     6.4.5. U.K.
                         6.4.5.1. Market estimates and forecast, 2014 - 2025
                         6.4.5.2. Market estimates and forecasts, by product, 2014 - 2025
                         6.4.5.3. Market estimates and forecast, by application, 2014 - 2025
                     6.4.6 France
                         6.4.6.1 Market estimates and forecast, 2014 - 2025
                         6.4.6.2 Market estimates and forecasts, by product, 2014 - 2025
                         6.4.6.3 Market estimates and forecast, by application, 2014 - 2025
                 6.5. Asia Pacific
                     6.5.1 Market estimates and forecast, 2014 - 2025
                     6.5.2 Market estimates and forecasts, by product, 2014 - 2025
                     6.5.3 Market estimates and forecast, by application, 2014 - 2025
                     6.5.4 China
                         6.5.4.1 Market estimates and forecast, 2014 - 2025
                         6.5.4.2 Market estimates and forecasts, by product, 2014 - 2025
                         6.5.4.3 Market estimates and forecast, by application, 2014 - 2025
                     6.5.5 Japan
                         6.5.5.1 Market estimates and forecast, 2014 - 2025
                         6.5.5.2 Market estimates and forecasts, by product, 2014 - 2025
                         6.5.5.3 Market estimates and forecast, by application, 2014 - 2025
                     6.5.6 India
                         6.5.6.1 Market estimates and forecast, 2014 - 2025
                         6.5.6.2 Market estimates and forecasts, by product, 2014 - 2025
                         6.5.6.3 Market estimates and forecast, by application, 2014 - 2025
                     6.5.7 South Korea
                         6.5.7.1 Market estimates and forecast, 2014 - 2025
                         6.5.7.2 Market estimates and forecasts, by product, 2014 - 2025
                         6.5.7.3 Market estimates and forecast, by application, 2014 - 2025
                     6.5.8 South East Asia
                         6.5.8.1 Market estimates and forecast, 2014 - 2025
                         6.5.8.2 Market estimates and forecasts, by product, 2014 - 2025
                         6.5.8.3 Market estimates and forecast, by application, 2014 - 2025
                 6.6 Central & South America (CSA)
                     6.6.1 Market estimates and forecast, 2014 - 2025
                     6.6.2 Market estimates and forecasts, by product, 2014 - 2025
                     6.6.3 Market estimates and forecast, by application, 2014 - 2025
                     6.6.4 Brazil
                         6.6.4.1 Market estimates and forecast, 2014 - 2025
                         6.6.4.2 Market estimates and forecasts, by product, 2014 - 2025
                         6.6.4.3 Market estimates and forecast, by application, 2014 - 2025
                 6.7 Middle East & Africa (MEA)
                     6.7.1 Market estimates and forecast, 2014 - 2025
                     6.7.2 Market estimates and forecasts, by product, 2014 - 2025
                     6.7.3 Market estimates and forecast, by application, 2014 - 2025

Chapter 7 Low Profile Additives Market: Competitive Analysis
                 7.1. Key global players & recent developments & their impact on the industry
                 7.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                 7.3. Vendor Landscape
                     7.3.1. List of key distributors and channel partners
                     7.3.2. Key customers 
                 7.4. Public Companies
                     7.4.1. Company market position analysis 
                     7.4.2. Competitive Dashboard Analysis 
                         7.4.2.1. Market Differentiators 
                         7.4.2.2. Synergy Analysis: Major Deals & Strategic Alliances
                     7.4.3. SWOT 
                 7.5. Private Companies 
                     7.5.1. List of key emerging companies/technology disruptors/innovators
                     7.5.2. Geographical Presence

Chapter 8 Company Profile
                 8.1 Ashland
                     8.1.1 Company Overview
                     8.1.2 Financial Performance
                     8.1.3 Product Benchmarking
                 8.2 Reichhold
                     8.2.1 Company Overview
                     8.2.2 Financial Performance
                     8.2.3 Product Benchmarking
                 8.3 Arkema Group
                     8.3.1 Company Overview
                     8.3.2 Financial Performance
                     8.3.3 Product Benchmarking
                     8.3.4 Strategic Initiative
                 8.4 Wacker AG
                     8.4.1 Company Overview
                     8.4.2 Financial Performance
                     8.4.3 Product Benchmarking
                     8.4.4 Strategic Initiatives
                 8.5 PolyOne Corporation
                     8.5.1 Company Overview
                     8.5.2 Financial Performance
                     8.5.3 Product Benchmarking
                 8.6 Lucite International
                     8.6.1 Company Overview
                     8.6.2 Financial Performance
                     8.6.3 Product Benchmarking
                 8.7 FRP Services & Company
                     8.7.1 Company Overview
                     8.7.2 Financial Performance
                     8.7.3 Product Benchmarking
                 8.8 Mechemco
                     8.8.1 Company Overview
                     8.8.2 Product Benchmarking
                 8.9 LyondellBasell Industries Holdings B.V.
                     8.9.1 Company Overview
                     8.9.2 Financial Performance
                     8.9.3 Product Benchmarking
                 8.10 Swancor Holding Co., Ltd.
                     8.10.1 Company Overview
                     8.10.2 Financial Performance
                     8.10.3 Product Benchmarking
                 8.11 Polynt SpA
                     8.11.1 Company Overview
                     8.11.2 Financial Performance
                     8.11.3 Product Benchmarking
                 8.12 KONINKLIJKE DSM N.V.
                     8.12.1 Company Overview
                     8.12.2 Financial Performance
                     8.12.3 Product benchmarking

List of Tables

TABLE 1 Polyvinyl acetate low profile additives market estimates & forecasts, 2014 - 2025 (USD Million) (Kilotons)
TABLE 2 Polymethyl methacrylate low profile additives market estimates & forecasts, 2014 - 2025 (USD Million) (Kilotons)
TABLE 3 Polystyrene low profile additives market estimates & forecasts, 2014 - 2025 (USD Million) (Kilotons)
TABLE 4 Polystyrene low profile additives market estimates & forecasts, 2014 - 2025 (USD Million) (Kilotons)
TABLE 5 Sheet & bulk molding compounds market estimates & forecasts, 2014 - 2025 (USD Million)
TABLE 6 Pultrusion market estimates & forecasts, 2014 - 2025 (USD Million) (Kiloton)
TABLE 7 Resin transfer molding market estimates & forecasts, 2014 - 2025 (USD Million) (Kiloton)
TABLE 8 North America low profile additives market revenue, by product, 2014 - 2025 (USD Million)
TABLE 9 North America low profile additives market revenue, by product, 2014 - 2025 (Kiloton)
TABLE 10 North America low profile additives market revenue, by application, 2014 - 2025 (USD Million)
TABLE 11 North America low profile additives market revenue, by application, 2014 - 2025 (Kiloton)
TABLE 12 U.S. low profile additives market, by product, 2014 - 2025 (USD Million)
TABLE 13 U.S. low profile additives market, by product, 2014 - 2025 (Kiloton)
TABLE 14 U.S. low profile additives market, by application, 2014 - 2025 (USD Million)
TABLE 15 U.S. low profile additives market, by application, 2014 - 2025 (Kiloton)
TABLE 16 Europe low profile additives market, by product, 2014 - 2025 (USD Million)
TABLE 17 Europe low profile additives market, by product, 2014 - 2025 (Kiloton)
TABLE 18 Europe low profile additives market, by application, 2014 - 2025 (USD Million)
TABLE 19 Europe low profile additives market, by application, 2014 - 2025 (Kiloton)
TABLE 20 Germany low profile additives market, by product, 2014 - 2025 (USD Million)
TABLE 21 Germany low profile additives market, by product, 2014 - 2025 (Kiloton)
TABLE 22 Germany low profile additives market, by application, 2014 - 2025 (USD Million)
TABLE 23 Germany low profile additives market, by application, 2014 - 2025 (Kiloton)
TABLE 24 U.K. low profile additives market, by product, 2014 - 2025 (USD Million)
TABLE 25 U.K. low profile additives market, by product, 2014 - 2025 (Kiloton)
TABLE 26 U.K. low profile additives market, by application, 2014 - 2025 (USD Million)
TABLE 27 U.K. low profile additives market, by application, 2014 - 2025 (Kiloton)
TABLE 28 Asia Pacific low profile additives market revenue, by product, 2014 - 2025 (USD Million)
TABLE 29 Asia Pacific low profile additives market volume, by product, 2014 - 2025 (Kiloton)
TABLE 30 Asia Pacific low profile additives market revenue, by application, 2014 - 2025 (USD Million)
TABLE 31 Asia Pacific low profile additives market volume, by application, 2014 - 2025 (Kiloton)
TABLE 32 China low profile additives market revenue, by product, 2014 - 2025 (USD Million)
TABLE 33 China low profile additives market volume, by product, 2014 - 2025 (Kiloton)
TABLE 34 China low profile additives market revenue, by application, 2014 - 2025 (USD Million)
TABLE 35 China low profile additives market volume, by application, 2014 - 2025 (Kiloton)
TABLE 36 Japan low profile additives market revenue, by product, 2014 - 2025 (USD Million)
TABLE 37 Japan low profile additives market volume, by product, 2014 - 2025 (Kiloton)
TABLE 38 Japan low profile additives market revenue, by application, 2014 - 2025 (USD Million)
TABLE 39 Japan low profile additives market volume, by application, 2014 - 2025 (Kiloton)
TABLE 40 Central & South America low profile additives market revenue, by product, 2014 - 2025 (USD Million)
TABLE 41 Central & South America low profile additives market volume, by product, 2014 - 2025 (Kiloton)
TABLE 42 Central & South America low profile additives market revenue, by application, 2014 - 2025 (USD Million)
TABLE 43 Central & South America low profile additives market volume, by application, 2014 - 2025 (Kiloton)
TABLE 44 Brazil low profile additives market revenue, by product, 2014 - 2025 (USD Million)
TABLE 45 Brazil low profile additives volume, by product, 2014 - 2025 (Kiloton)
TABLE 46 Brazil low profile additive market revenue, by application, 2014 - 2025 (USD Million)
TABLE 47 Brazil low profile additives market volume, by application, 2014 - 2025 (Kiloton)
TABLE 48 MEA low profile additives market revenue, by product , 2014 - 2025 (USD Million)
TABLE 49 MEA low profile additives market volume, by product, 2014 - 2025 (Kiloton)
TABLE 50 MEA low profile additives market revenue, by application, 2014 - 2025 (USD Million)
TABLE 51 MEA low profile additives market volume, by application, 2014 - 2025 (Kiloton)

List of Figures

FIG. 1 Market snapshot, 2016
FIG. 2 Market segmentation & scope
FIG. 3 Penetration & growth prospect mapping
FIG. 4 Value chain analysis
FIG. 5 Market dynamics
FIG. 6 Market driver relevance analysis (Current & future impact)
FIG. 7 Global automotive demand, 2010-2016 (Million units)
FIG. 8 Global automotive production, 2011-2016 (Million units)
FIG. 9 Global automotive demand, by region, 2016 (%)
FIG. 10 Global automotive production, by region, 2016 (%)
FIG. 11 Global automotive demand, by vehicle type, 2016 (%)
FIG. 12 China and India automotive production, 2011 - 2016 (Million Units)
FIG. 13 Total investment in infrastructure in Asia Pacific
FIG. 14 Market restraint relevance analysis (Current & future impact)
FIG. 15 Crude oil price, 2010 - 2016 (USD/barrel)
FIG. 16 PESTEL Analysis
FIG. 17 Porter's five forces analysis
FIG. 18 Low profile additives market product outlook: Key takeaways
FIG. 19 Low profile additives market: Product movement analysis, 2016 & 2025
FIG. 20 Low Profile Additives (LPA) market application outlook: Key takeaways
FIG. 21 Low Profile market: Application movement analysis, 2016 & 2025
FIG. 22 Regional market place: Key takeaways
FIG. 23 Low profile additives market: Regional movement analysis, 2016 & 2025
FIG. 24 North America market estimates (2014 - 2025) (USD Million) (Kiloton)
FIG. 25 U.S. country outlook, 2014 to 2025 (USD Million) (Kiloton)
FIG. 26 Europe market estimates (2014 - 2025) (USD Million) (Kiloton)
FIG. 27 Germany country outlook, 2014 to 2025 (USD Million) (Kiloton)
FIG. 28 U.K. country outlook, 2014 to 2025 (USD Million) (Kiloton)
FIG. 29 Asia Pacific market estimates (2014 - 2025) (USD Million) (Kiloton)
FIG. 30 China country outlook, 2014 to 2025 (USD Million) (Kiloton)
FIG. 31 Japan country outlook, 2014 to 2025 (USD Million) (Kiloton)
FIG. 32 Central & South America market estimates (2014 - 2025) (USD Million) (Kiloton)
FIG. 33 Brazil country outlook, 2014 to 2025 (USD Million) (Kiloton)
FIG. 34 MEA market estimates (2014 - 2025) (USD Million) (Kiloton)
FIG. 35 Strategy framework: Low profile additives manufacturers