Global Low Profile Additive (LPA) Market Growth 2023-2029
Asia-Pacific dominated the global low profile additive (LPA) market, with the largest consumption from China and Japan.
LPI (LP Information)' newest research report, the “Low Profile Additive (LPA) Industry Forecast” looks at past sales and reviews total world Low Profile Additive (LPA) sales in 2022, providing a comprehensive analysis by region and market sector of projected Low Profile Additive (LPA) sales for 2023 through 2029. With Low Profile Additive (LPA) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Low Profile Additive (LPA) industry.
This Insight Report provides a comprehensive analysis of the global Low Profile Additive (LPA) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Low Profile Additive (LPA) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Low Profile Additive (LPA) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Low Profile Additive (LPA) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Low Profile Additive (LPA).
The global Low Profile Additive (LPA) market size is projected to grow from US$ 506.7 million in 2022 to US$ 958.4 million in 2029; it is expected to grow at a CAGR of 958.4 from 2023 to 2029.
The market for low profile additive (LPA) is expected to register a CAGR of more than 7%, during the forecast period of 2019-2024. Major factors driving the market studied are the rising demand for high-performance SMC (Sheet Molding Compound) formulations from the automotive industry, and emerging applications in fiber-reinforced plastics (FRP). However, high polymerization shrinkage of unsaturated polyester resin with the crosslinking styrene monomer is expected to hinder the market growth.
This report presents a comprehensive overview, market shares, and growth opportunities of Low Profile Additive (LPA) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Polystyrene-based
Polyvinyl Acetate-based
PMMA-based
High-density Polyethylene (HDPE)
Polyester-based
Segmentation by application
Injection and Compression Molding
Pultrusion
Resin Transfer Molding (RTM)
Hand Lay-up
Spray-up
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Aliancys AG
ALTANA
AOC LLC
Arkema Group
Ashland
Link Composites Pvt Ltd
Lucite International (Mitsubishi Chemical)
Mechemco
Monachem
Poliya Composite Resins and Polymers Inc.
Polynt
Reichhold
Swancor
Synthomer PLC
Wacker Chemie AG
Key Questions Addressed in this Report
What is the 10-year outlook for the global Low Profile Additive (LPA) market?
What factors are driving Low Profile Additive (LPA) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Low Profile Additive (LPA) market opportunities vary by end market size?
How does Low Profile Additive (LPA) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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