A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Acrylic
Processing Aids
Market. The
study, titled “Acrylic
Processing Aids Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
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.
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Market Research Report @
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.
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the form for an exclusive sample of this report @
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.
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)
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