January 12, 2021 06:23 ET | Source: Research and Market Research and Market
Dublin, January 12, 2021 (GLOBE NEWSWIRE)-"Acrylic processing by polymer type (PVC), manufacturing process (extrusion, injection molding), end-use industry (building and construction, packaging, automotive, consumer products) Additives Market)-The Global Forecast to 2025 report has been added to ResearchAndMarkets.com's products.
The acrylic acid processing aid market in 2020 is expected to be 606 million U.S. dollars and is expected to reach 842 million U.S. dollars by 2025, with a compound annual growth rate of 6.8% from 2020 to 2025. Acrylic acid processing aids from the Asia-Pacific region will drive the acrylic acid processing aid market. The main constraint on the market will be the reduction in R&D spending in emerging markets. However, the growing demand for building and construction and automotive applications will become market opportunities. "PVC is the largest polymer type for acrylic acid processing aids in 2019" PVC is a synthetic resin made by the polymerization of vinyl chloride. It has an amorphous structure with polar chlorine atoms, and has flame retardancy, durability, oil and chemical resistance. It is an odorless solid plastic, mainly used in car dashboards, cable sheaths, pipes and doors. The flexibility provided by PVC helps to make modern cars cost-effective, safe and high-quality. The composition of this material varies according to the requirements of different grades. "Extrusion is expected to be the largest manufacturing process in the acrylic processing aid market from 2020 to 2025." Extrusion is used to process a large number of plastics. Pellets, granules, flakes or powder are fed into the extruder and melted at high temperature (depending on the type of plastic to be extruded). Single screw and twin screw extrusion and die extrusion are the two main extrusion technologies. Single and double extrusion technology is used for melting and pumping of plastic materials, while die extrusion technology is used to produce different plastic products, such as pipes, sheets, pipes and films. Several types of extrusion processes are used to process plastic materials into finished products. "It is estimated that from 2020 to 2025, the construction and construction end-use industries will account for the largest share of the acrylic acid processing aid market." Plastics play a key role in the construction industry. Due to the increasing use of plastics in various applications such as pipes, floors, roofs, doors and windows, containers, and decorative panels, the demand for plastics in this field is expected to increase. Plastics are used in construction and construction industries because of their high impact strength, good weather resistance, oil and chemical resistance, and high light transmittance. "In terms of value and quantity, the Asia-Pacific region is expected to become the largest acrylic processing aid market during the forecast period." The Asia-Pacific region is the most promising market for plastics and related industries (including acrylic processing aids). The characteristic of this area is the continuous growth of population and economic development. Growing demand from the construction, packaging, consumer goods, and automotive industries is driving the acrylic processing aid market in the region. The increase in employment rate, the purchasing power of the middle class, and the increase in foreign investment in various sectors of the economy are some of the important factors driving the market. The demand for environmentally friendly products is driving innovation in the plastics industry. High-end products such as consumer goods and electronic equipment require undamaged surfaces. This has increased the demand for anti-scratch products, which in turn promoted the development of the acrylic acid processing aid market.
1 Introduction 2 Research methods 3 Executive summary 4 Premium insights 4.1 Significant opportunities in the APA market 5 Market overview 5.1 Introduction 5.2 Market segmentation 5.3 Market dynamics 5.3.1 Short-term, mid-term and long-term impact analysis 5.3.2 Drivers 5.3.2.1 Demand has a cost Efficient plastic product manufacturing assistance 5.3.2.2 End-use applications High demand for APA-based PVC 5.3.3 Restrictions 5.3.3.1 Reduced R&D expenditures in emerging markets 5.3.4 Opportunities 5.3.4.1 Increased demand for construction and construction Automotive applications 6 Industry trends 6.1 Introduction 6.2 Value chain analysis 6.3 Porter’s five forces analysis 6.4 Macroeconomic indicators 7 APA market, by polymer type 7.1 Introduction 7.2 Market size estimation 7.3 Polyvinyl chloride 7.4 Others 7.4.1 Acrylonitrile-butadiene-butadiene- Butadiene-4-4 carbtetraene. .3 Polymethyl methacrylate 7.4.4 Polystyrene 8 APA market, introduced by manufacturing process 8.1 8.2 Manufacturing process income matrix 8.3 Extrusion 8.4 Injection molding 8.5 Other 9 APA market, introduced by end-use industry 9.1 9.2 Revenue Pocket Matrix 9.3 Building and Construction 9.4 Packaging 9.5 Consumer Goods 9.6 Automotive 9.7 Other 10 APA Markets, by Region 11.1 Market Overview 11.1 Market Overview 11.1 Market Overview Shares of Major Players 11.2.1 LG Chem Ltd. 11.2.2 Arkema SA 11.2.3 Kaneka Corporation 11.2.4 Mitsubishi Rayon Co., Ltd. 11.3 Competition Benchmark 11.4 Competitive Situation and Trends 12 Company Profile 12.1 Kaneka Corporation 12.1 Kaneka Corporation. 12.3 Arkema SA 12.4 The DOW Chemical Company 12.5 Mitsubishi Rayon Co., Ltd. 12.6 3M Company 12.7 BASF SE 12.8 Shandong Ruifeng Chemical Co., Ltd. 12.9 Akdeniz Kimya AS 12.10 Shandong Rike Chemical Co., Ltd. 1 Other major market participants 12.
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