LOW PROFILE ADDITIVES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Low profile additives are compounds that are added in small amounts to polymers such as polyester, epoxy and polyurethane resins in order to reduce shrinkage and warp that occurs during curing or hardening. They help improve the aesthetic and physical properties of the final products that are manufactured using these resins. Some key properties enhanced include smoothness and thickness uniformity of finished surfaces. End use industries such as transportation, construction and wind energy employ low profile additives in their manufacturing processes to produce high quality parts and composites with enhanced strength, bonding and minimal defects. Low profile additives are gaining importance in the automotive and construction industries due to their excellent properties such as reduced parts war page and excellent flow during molding. They help in enhancing the aesthetic appeal and functional performance of plastics used in many exterior and interior applications. Rising demand for lightweight and cost-effective materials from end-use industries is propelling the demand for low profile additives.

Market Dynamics:

The global low profile additives market is driven by growing demand from the transportation industry. As manufacturers focus on lightweighting vehicles, composites are being increasingly used to manufacture various vehicle components. Low profile additives play a crucial role in optimizing the cosmetic and mechanical performance of composites. Their adoption helps automakers achieve dimensional stability and surface flatness during manufacturing. Stringent environmental regulations regarding vehicle emissions are also propelling the use of engineered composites. However, stringent volatility standards pose a challenge for market players. Industry players are exploring bio-based and renewable resource-based low profile additives to capitalize on the opportunity arising from safe and sustainable chemistry.

Key features of the study:

• This report provides in-depth analysis of the global low profile additives market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global low profile additives market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study Wacker Chemie AG, INEOS AG, Polynt S.p.A., Vin Industries, BASF SE, Altana, Polychem Ltd., Swancor, LyondellBasell Industries Holdings B.V., Aromax Technology Corp., Interplastic Corp., Synthomer PLC, AOC, LLC, Mechemco, Taak Resin Co., NOF Corporation.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global low profile additives market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global low profile additives market.

Low Profile Additives Market Report Segmentation:

• Low Profile Additives Market, By Product
  • Polyvinyl Acetate (PVAc)
  • Polymethyl Methacrylate (PMMA)
  • Polystyrene (PS)
  • Polyurethane (PU)
  • High-density Polyethylene (HDPE)
• Low Profile Additives Market, By Function
  • Anti-shrinkage
  • Pigmentation
• Low Profile Additives Market, By Application
  • Shrink & Bulk Molding Compounds (SMC/BMC)
  • Pultrusion
  • Resin Transfer Molding
  • Others
• Low Profile Additives Market, By Region
  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa
• Top companies in Low Profile Additives Market:
  • Wacker Chemie AG,
  • INEOS AG,
  • Polynt S.p.A.,
  • Vin Industries,
  • BASF SE,
  • Altana, Polychem Ltd.,
  • Swancor,
  • Lyondell Basell Industries Holdings B.V.,
  • Aromax Technology Corp.,
  • Interplastic Corp.,
  • Synthomer PLC,
  • AOC, LLC,
  • Mechemco,
  • Taak Resin Co.,
  • NOF Corporation.