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Low Profile Additives Market Trends and Future Forecasts to 2027

The surge in demand for SMC/BMC in automobiles, infrastructural activities and construction will drive the market for low profile additives.<br><br>

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Low Profile Additives Market Trends and Future Forecasts to 2027

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  1. Low Profile Additives Market ToReach USD 916.5 Million By2026 www.reportsanddata.com

  2. MarketSummary The global low profile additives marketis forecast to reach USD 916.5 Million by 2026, according to a new report by Reports and Data. Low profile additives find its application in polyester resin systems and offer improved characteristics such as paste viscosity, viscosity thickening plateau, and phaseseparation. The low profile additives market is driven by the increasing application of these additives in the automotive sector. The use of the market product in automobiles makes them lightweight yet strong, and thus more durable andefficient. Furthermore, the increasing use of the product in the building and construction industries are propelling market growth. This can be attributed to the properties of low profile additives such as electrical insulation, dimensional stability, and corrosionresistance. The use of fiber-reinforced plastics incorporated with low profile additives offers design flexibility, cost reduction, weight reduction, and improved lead time. The widespread use of fiber-reinforced plastics in the military and aerospace industries are likely to fuel the demand for low profile additives during the assessmentperiod. The Asia Pacific region dominated the market for low profile additives. Growth-centric countries in the region, such as India, China, Malaysia, Thailand, and Indonesia are expected to offer lucrative opportunities for growth during the forecastperiod. www.reportsanddata.com

  3. MarketSummary • Further key findings from the reportsuggest • Polyvinyl Acetate-based (PVA) lead the market for low profile additive market, with 24.1% of the market share in 2018. Its advantageous properties, such as low shrinkage and improved surface finish, are anticipated to increase its application in various compounding techniques. Growing demand from the automotive industry, where high-quality surface finish is required, are expected to drive themarket. • Sheet Molding Compound/Bulk Molding Compound are a class of composite materials that finds its application in the automotive sector due to their low weight, good mechanical properties, and cost-effectiveness. These composite materials are blended with low profile additives to compensate for polymerizationshrinkage. • Key participants include Lyondellbasl eldustries, Aromax Technology, AOC Aliancys, Swancor Holding Company Limited, Evonik Industries, Wacker Chemie, In Swancor Holding Company Limited, Polynt-Reichhold Group, Lucite International, and BASF, amongothers. • In November 2018, Gazechim Composites and Polynt-Reichhold Group entered into an agreement to distribute unsaturated polyester products, gel coats, and bonding pastes. This development is expected to increase the market share of the Polynt-Reichhold Group in the European region and also increase the demand for low profile additives on a global platform. • Read More @ https://www.reportsanddata.com/report-detail/low-profile-additives-market www.reportsanddata.com

  4. MarketSummary For the purpose of this report, Reports and Data have segmented into the global Low Profile Additives market onthe basis of product type, application, end-use industry, andregion: Product Type Outlook (Volume: Kilo Tons; Revenue: USD Million;2016-2026) Polystyrene-based Polyvinyl Acetate-based PMMA-based High-density Polyethylene (HDPE) Polyester-based Others Application Outlook (Volume: Kilo Tons; Revenue: USD Million;2016-2026) Sheet Molding Compound/Bulk Molding Compound Resin TransferMolding Pultrusion Others www.reportsanddata.com

  5. MarketSummary End-Use Industry Outlook (Volume: Kilo Tons; Revenue: USD Million;2016-2026) Automotive Construction Military and Aerospace Electronics Consumer Products & HomeAppliances Others Regional Outlook (Volume: Kilo Tons; Revenue: USD Million;2016-2026) NorthAmerica U.S Europe UK France AsiaPacific China India Japan MEA LatinAmerica Brazil www.reportsanddata.com

  6. AboutUs Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter businessdecision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. ContactUS JohnWatson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line:+1-212-710-1370 E-mail:sales@reportsanddata.com www.reportsanddata.com

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