Acrylic Processing Aid Market by Polymer Type (PVC), Fabrication Process (Extrusion, Injection Molding), End-Use Industry (Building & Construction, Packaging, Automotive, Consumer Goods) – Global Forecast to 2025

2020-12-18
Price :
Published : Dec-2020
No. of Pages : 200
Inquire before Buying request discount

“Replacement of conventional material with PVC”

The acrylic processing aid market size is estimated to be USD 606 million in 2020 and is projected to reach USD 842 million by 2025, at a CAGR of 6.8% between 2020 and 2025. Factors such as replacement of conventional material with PVC and rising demand for acrylic processing aid from Asia-Pacific will drive the acrylic processing aid market. The major restraint for the market will be less R&D expenditure in emerging market. However, the increasing demand from building & construction and automotive applications will act as an opportunity for the market.

“PVC is the largest polymer type for acrylic processing aid in 2019”

PVC is a synthetic resin, which is made from the polymerization of vinyl chloride. It has an amorphous structure with polar chlorine atoms and possesses fire retarding properties, durability, and oil & chemical resistance. It is an odorless and solid plastic, mainly used in automobile instrument panels, sheathing of electrical cables, pipes, and doors. PVC provides flexibility that is helpful in making modern automobiles cost-effective, safe, and of high quality. The composition of this material varies depending on requirement of various grades. It also helps in reducing the weight of vehicles because of its lightweight components in comparison to other materials. Most of the PVC resins are fabricated through extrusion, injection molding, thermoforming, calendaring, and blow molding to produce PVC products. This process requires a small amount of Acrylic Processing Aid during fabrication, depending on the type of application; for example, manufacturing of PVC pipes and window components requires less than 1.5 kg of Acrylic Processing Aid for 100 kg of PVC resin.

“Extrusion is estimated to be the largest fabrication process in acrylic processing aid market between 2020 and 2025.”

Extrusion is used to process high volume of plastics. The pellets, granules, flakes, or powders are fed into the extrusion machine and melted under high temperature (depending on the type of plastic to be extruded). Single & twin-screw extrusion and die extrusion are the two main types of extrusion techniques. Single & twin extrusion technique is used for melting and pumping of plastic materials, while die extrusion technique is used for the production of different plastic products, such as, pipes, sheet, tubing, and films. Several types of extrusion processes are used for processing plastic materials into finished products.

“Building & construction end-use industry is projected to account for the largest share of the acrylic processing aid market between 2020 and 2025.”

Plastics play a key role in the building & construction industry. The demand for plastics in this segment is expected to increase because of its increasing use in several applications, including pipes, flooring, roofing, windows & doors, containers, trim board, and others. Plastics are used in the building & construction industry owing to its characteristics such as high impact strength, good weatherability, resistant to oil & chemicals and high levels of light transmission.

“Asia Pacific is expected to be the largest acrylic processing aid market during the forecast period, in terms of value and volume.”

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.

In the process of determining and verifying the market size for several segments and sub segments identified through secondary research, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees are as follows:

  • By Company Type: Tier 1 – 45%, Tier 2 – 30%, and Tier 3 – 25%
  • By Designation: C-Level – 46%, Director Level – 25%, and Others – 29%
  • By Region: North America – 27%, Europe – 27%, APAC – 33%, South America – 7%, and Middle East & Africa – 6%,

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)

Research Coverage

This report segments the market for acrylic processing aid on the basis of polymer type, fabrication process, end-use industry, and region, and provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisition associated with the market for acrylic processing aid.

Reasons to buy this report

This research report is focused on various levels of analysis — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the acrylic processing aid market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on acrylic processing aid offered by top players in the global acrylic processing aid market
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the acrylic processing aid market
  • Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for acrylic processing aid across regions
  • Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global acrylic processing aid market
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the acrylic processing aid market
  • Impact of COVID-19 on acrylic processing aid Market
Filed in: Chemicals
Publisher : marketsandmarkets
More Reports
Title Price Buy Now

Water Blocking Tapes Market by Conductive Type (Conductive, Semi-conductive, Non-conductive), Application (Optical Fiber cable, Submarine cable, Power cable Communication cable) and Region (North America, Europe, APAC, RoW) – Global Forecast to 2027

“The water blocking tapes market is projected to register a CAGR of 5.5% during the forecast period.” The water blocking tapes market is estimated to be USD 378 million in 2022 and is projected to reach USD 495 million by 2027, at a CAGR of 5.5% between 2022 and 2027. The increasing demand for water blocking tapes in power and telecommunication projects is one of the most significant factors projected to drive the growth of the water blocking tapes market. However, the negative impact of the COVID-19 pandemic across all the end-users has affected the water blocking tapes market adversely. “Non-conductive water blocking tapes leads the market.” The water blocking tapes market is segmented into three different types, namely, conductive, semi-conductive, and non-conductive ta......
 $4950

Corrosion Protection Coating Market by Resin Type (Epoxy, Polyurethane, Acrylic, Alkyd, Zinc, Chlorinated Rubber), Technology (Solvent, Water, Powder), End-Use Industry (Marine, Oil & Gas, Petrochemical, Infrastructure) & Region – Global Forecast to 2027

The corrosion protection coatings market is projected to register a CAGR of 4.1%, in terms of value, between 2022 and 2027. The corrosion protection coatings market is projected to grow from USD 10.1 billion in 2022 to USD 12.3 billion by 2027, at a CAGR of 4.1%, between 2022 and 2027. Corrosion protection coatings are used in almost all heavy industries, and different types of corrosion protection coatings cater demand from various industries as per their requirements. The corrosion protection coatings market has been segmented based on end-use industry into marine, oil & gas, petrochemical, infrastructure, power generation, water treatment, and others (defense & space, primary metals & mining operations, cargo containers, pulp & paper mills, and other processes includi......
 $4950

Tab Leads and Tab Seal Film Market by Material (Aluminum, Copper, Nickel, Polyamide, End User (Consumer Electronics, Electric Vehicles, Military, Industrial) and Region (North America, Europe, APAC, Rest of World) – Global Forecast to 2027

The market size of tab leads and tab seal film is projected to grow from USD 318 million in 2022 to USD 600 million by 2027, at a CAGR of 13.6% during the forecast period. The tab leads and tab seal film market growth is estimated to be majorly driven by growing economies of Asia Pacific region. “Nickel segment is expected to be the second-largest raw material in the tab leads and tab seal film market, in terms of value in 2022” Nickel is used to manufacture pouch batteries and their parts as nickel enhances the energy density of a battery. Nickel is one of the essential materials in making tab leads. Hence, the growing demand for pouch batteries in this application will drive the demand for nickel in the production of tab leads. “Industrial segment is expected to be the sec......
 $4950

EPDM Market by application (Automotive, Building & Construction, Plastic Modification, Tires & Tubes, Wires & Cables and Lubricant Additives), Manufacturing Process, Region (North America, Europe, APAC, MEA, and South America) – Global Forecast to 2027

“Steady recovery of global automotive sector to drive the EPDM market  ”         The global Polymethyl Methacrylate (EPDM) market is projected to grow from USD 3.6 Billion in 2022 to USD 4.8 Billion by 2027, at a CAGR of 5.9% during the forecast period The recovery of automotive sector in the APAC region is driving the EPDM market during the forecast period. Moreover, the development of eco-friendly technologies for production of EPDM and growing demand for electric & hybrid vehicles are new opportunities in EPDM market. “Automotive is projected to be the fastest-growing segment by application in EPDM market” Based on application, automotive is estimated to be the fastest-growing segment of EPDM during the forecast period. . China, India, Japan, and other Sout......
 $4950

Energy Recovery Ventilator Core Market by Material Type (Engineered Resin, Fibrous Paper), Shape (Square, Diamond, Hexagon, Wheel), Flow Type (Counter-flow and Crossflow) and Region – Global Forecast to 2027

“The energy recovery ventilator core market is projected to grow at a CAGR of 7.5% from 2022 to 2027, in terms of value.” The energy recovery ventilator core market is projected to grow from USD 947 million in 2022 to USD 1,360 million by 2027, at a CAGR of 7.5% from 2022 to 2027.The global market for energy recovery ventilator core are driven by factors such as rise in residential and commercial construction projects in many developing countries, regulations and energy efficient standards by different government organizations, necessity to improve indoor air quality in air-tight buildings and changing climate conditions. “By material type, the engineered resin segment is estimated to be the fastest-growing segment of energy recovery ventilator core market during 2022 to 2027�......
 $4950

Piperidine Market by Type (99% Purity and 98% Purity), End Use Industry (Pharmaceutical, Agrochemicals, Rubber, and Others), Region (Asia Pacific, Europe, North America, Middle East & Africa and South America) – Global Forecast to 2027

The market size for global piperidine market is projected to grow from USD 64 million in 2022 to USD 86 million by 2027, at a CAGR of 5.9% from 2022 to 2027.The growth of the piperidine market is attributed to their high demand as solvents, base and catalyst in pharmaceutical, agrochemical and others industries. “99% purity segment to be the largest type of piperidine” Piperidine with 99% purity and above is the purest form of piperidine available. The pharmaceutical end-use industry is boosting the demand for piperidine with 99% purity. Some piperidine derivatives, namely, N-Methyl, N-Benzyl piperidone derivatives, are extremely useful and versatile API intermediates in organic synthesis. “Agrochemicals to be the second-largest segment during the forecast period.” Agro......
 $4950

Automotive Silicone Market by Type (Elastomers, Gels, Resins, Fluids), Application (Interior & Exterior, Engines, Electrical, Tires), and Region (North America, Europe, Asia Pacific, Middle East & Africa, South America) – Global Forecasts to 2027

The global automotive silicone market is projected to register a CAGR of 7.1% between 2022 and 2027, in terms of value. The global automotive silicone market size is projected to grow from USD 2.2 billion in 2022 to USD 3.1 billion by 2027, at a CAGR of 7.1% between 2022 and 2027. Rising demand from emerging markets and growth of transportation industry globally are expected to offer significant growth opportunities to manufacturers of automotive silicone. “Electrical segment accounted for the second largest share in the automotive silicone market in terms of value.” The electrical segment had a share of 27.7% in the overall automotive silicone market, in terms of value, in 2021. Silicones are used in ignition cables, also known as “spark plug wires” which are a part of th......
 $4950

Pyridine & Pyridine Derivatives Market by Type (Epoxy, Acrylic, Silicone), End-Use Industry (Oil & Gas, and Petrochemical; Marine; Energy & Power) & Region (North America, Europe, APAC, MEA, South America) – Global Forecast to 2027

“The pyridine & pyridine derivatives market is projected to register a CAGR of 6.1%, in terms of value, between 2022 and 2027” The Pyridine & pyridine derivatives market is expected to grow from USD 701 million in 2022 to USD 940 million by 2027, at a CAGR of 6.1%, between 2022 and 2027. The Pyridine & pyridine derivatives market depends heavily on the performance of Agrochemicals, pharmaceuticals, latex, food, electronics, and other industries. “Pyridine accounted for the maximum share of pyridine and pyridine derivatives market” The pyridine segment has been estimated to drive the market over the forecast period. Pyridine can be manufactured through two methods, the natural method and through the fusion of chemicals. It is largely used in the pharmaceutical a......
 $4950

Agricultural Adjuvants Market by Function (Activator Adjuvants & Utility Adjuvants), Application (Insecticides, Fungicides, Herbicides), Adoption Stage (Tank-mix & In-formulation), Formulation, Crop Type and Region – Global Forecast to 2027

“The agricultural adjuvants market is projected to grow at a CAGR of 5.2% during the forecast period.” According to MarketsandMarkets, the agricultural adjuvants market size is estimated to be valued at USD 3.7 Billion in 2022 and is projected to reach USD 4.7 Billion by 2027, recording a CAGR of 5.2% during the forecast period in terms of value. Agricultural adjuvants are additives added to agricultural chemical products to alter their physicochemical properties and improve their efficacy. Depending on their functional properties, agricultural adjuvants fall into two main categories—activator and utility adjuvants. Surfactants are the most widely used activator adjuvants that are formulated for crop protection solutions. They can either be ionic, nonionic, or amphoteric. The a......
 $4950

Textile Dyes Market by Dye Type (Direct, Reactive, VAT, Basic, Acid, Disperse), Type (Cellulose, Protein, Synthetic), Fiber Type (Wool, Nylon, Cotton, Viscose, Polyester, Acrylic) and Region (APAC, North America, Europe) – Global Forecast to 2027

The global textile dyes market size was USD 11.1 billion in 2022 and is projected to reach USD 14.0 billion by 2027, at a CAGR of 4.6%, between 2022 and 2027. The driving factors for this market are increased demand in garment industry, Increasing demand for dyes for cellulose fiber, etc. “Reactive dye segment is estimated to grow at the highest CAGR during the forecast period.” Reactive dyes are the most technically advanced segment in dyeing industry. Reactive dyes have had consistent growth. These dyes reduce the water consumption and hence are better for the environment. Common fabrics for this type of dye include rayon, cotton, and some nylons. The major drivers for the segment are better environmental performance, low cost, and improved technical properties such as good was......
 $4950
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy