Competitive Analysis
Some of the manufacturers operating in the global low
profile additives market are PolyOne Corporation (U.S.), Ashland (U.S.), CCP
Composites (U.S.), Wacker Chemie AG (Germany), LyondellBasell Industries
Holdings B.V. (Netherlands), Momentive (U.S.), FRP Services & Company
(Japan), Reichhold LLC 2 (U.S.), Command Chemical Corporation, Inc. (U.S.),
Changzhou Huarun Composite Materials Co., Ltd. (China), Arkema (France), and
Swancor Ind. Co., Ltd. (Taiwan).
Market Overview:
The global low
profile additives market has been segmented by technique, product,
end-use industry, and region.
By technique, the global low profile additives market has
been segmented into sheet molding compound (SMC), bulk molding compound (BMC),
resin transfer molding (RTM), and pultrusion. The sheet molding compound
segment is expected to account for the majority market share as the product is
cost-effective, light weight, and reduces industry scrap. Also, it can be
easily produced in high volumes. Although SMC and BMC possess the same properties
such as dimensional stability, high strength, and corrosion resistance, the BMC
segment is expected to grow significantly in the coming years. This can be
attributed to the increasing adoption of BMC in the electronics industry as it
is fire- and flame-resistant.
Based on product, the market has been segmented into
polyvinyl acetate (PVA), polymethyl methacrylate (PMMA), polystyrene (PS), and
high density polyethylene (HDPE). The PVA segment is expected to account for
the largest market share due to the extensive use of the product in the
production of automotive parts such as headlamp reflectors, lighting systems,
under-the-hood components, and LED lighting. PMMA is widely used as a
shatterproof replacement for glass and has various advantages over polystyrene
such as high resistance to UV light and weathering, excellent light
transmission, and a wide range of color options.
Get Sample Copy@ https://www.marketresearchfuture.com/sample_request/6221
The market has been segmented, by end-use industry, into
automotive, construction, military and aerospace, electronics, consumer
products and home appliances, and others. Automotive is expected to be the
leading end-use industry segment due to the increasing demand for lightweight
and fuel-efficient automobiles to meet the stringent regulations for volatile
organic compound (VOC) emissions. The construction segmented is expected to
account for the second-largest market share due to rapid industrialization
across the globe.
Regional Analysis
The low profile additives market has been analyzed with
respect to five regions, namely, Asia-Pacific, North America, Europe, Latin
America, and the Middle East & Africa.
The market in Asia-Pacific dominated the global low profile
additives market in 2017 on account of the high demand from major end-use
industries such as automotive, construction, electronics, and consumer products
in the region.
The North American market is expected to witness significant
growth due to the demand from the construction, automotive, and military and
aerospace industries.
High production and trading of automotive parts in Western
European countries such as Germany, the U.K., Italy, and France is expected to
drive product demand during the forecast period.
Access Report @ https://www.marketresearchfuture.com/reports/low-profile-additives-market-6221
Related report@ https://www.marketresearchfuture.com/reports/trifluoroacetic-acid-market-8064
https://www.marketresearchfuture.com/reports/recycled-polyethylene-terephthalate-market-5812
https://www.marketresearchfuture.com/reports/hot-melt-adhesives-market-4640
About market Research Future:
Market Research Future (MRFR) is a global market research
company that takes pride in its services, offering a complete and accurate
analysis with regard to diverse markets and consumers worldwide. MRFR’s
approach combines the proprietary information with various data sources to give
an extensive understanding to the client about the latest key developments,
expected events and also about what action to take based on these aspects.
Our fast growing industry research firm is backed by a
proficient team of research analysts that offers valuable analytics and data
with respect to technological and economical advancements. Our deemed analysts
perform industrial visits and procure the relevant information from prominent
market players. Our key objective is to keep our clients abridged of the
potential opportunities and challenges in different markets. We provide
step-by-step assistance to our respected clients, via strategic and consulting
services to reach a managerial and actionable decision.
Contact
Market
Research Future
Maharashtra,
India
+1 646 845
9312
No comments:
Post a Comment