Replacement of conventional material with PVC driving the Acrylic Processing Aid Market

 Breaking News
  • No posts were found

Replacement of conventional material with PVC driving the Acrylic Processing Aid Market

May 04
23:20 2021
Replacement of conventional material with PVC driving the Acrylic Processing Aid Market

Browse 219 market data Tables and 41 Figures spread through 200 Pages and in-depth TOC on “Acrylic Processing Aid Market”
Acrylic Processing Aid Market by Polymer Type (PVC), Fabrication Process (Extrusion, Injection Molding), End-Use Industry (Building & Construction, Packaging, Automotive, Consumer Goods)

The acrylic processing aid market is projected to reach USD 842 million by 2025, at a CAGR of 6.8% from USD 606 million in 2020. Acrylic Processing Aid is an innovative technique to enhance the quality of plastics. Different fabrication processes such as extrusion and injection molding are used to process plastic material with acrylic processing aid. The acrylic processing aid based polyvinyl chloride (PVC) plays a major role for manufacturing strong, flexible, durable, and cost-effective plastics.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=50725911

PVC possesses superior mechanical, electrical, abrasion resistance, chemical resistance, among other properties compared to conventional materials such as metals, glass, paper, and ceramic. Continuous innovation and the need for lighter material in several applications are encouraging the replacement of these conventional materials by plastic in several applications. The manufacturers of PVC use acrylic processing aid during the fabrication process because it provides faster fusion, increased production output, improved melt strength and elasticity, reduced plate-out and melt texture, improved surface gloss and finishing, better thickness, and tensile strength. Acrylic processing aid is more popular in Asian countries due to its cost-effectiveness and properties for producing good quality products.

APAC projected to be fastest growing region for the acrylic processing aid market 

Asia Pacific is the most promising market for plastics and related industries, including acrylic processing aid. The region is characterized by growing population economic developments. The Asia Pacific market is segmented into China, India, Japan, South Korea, Indonesia, Taiwan, and the Rest of Asia Pacific (which includes Malaysia, Thailand, Philippines, Pakistan, and Bangladesh).

The increasing demand from the building & construction, packaging, consumer goods, and automotive industries is driving the market for acrylic processing aid in the region. The increase in employment rate, purchasing power of the middle class and an increase in foreign investments in various industries of the economy are some important factor that drives the market. The need for environment-friendly products is driving innovation in the plastics industry. High-end products such as consumer goods and electronic devices demand damage-free surfaces. This increases the need for anti-scratch products, which in turn drives the market for acrylic processing aid.

The key market players profiled in the report include Mitsubishi Chemical Corporation (Japan), Arkema SA (France), Shandong Ruifeng Chemical Co. Ltd. (China), Akdeniz Chemson (Turkey), The Down Chemical Company (US), Kaneka Corporation (Japan), WSD Chemical Limited (China), Indofil Industries Limited (India), and Novista Group (China)

Request for Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=50725911

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/acrylic-processing-aid-market-50725911.html

Categories