About Acrylic Processing Aid
Processing aids are additives in nature which having natural or synthetic origin used in number of manufacturing, packaging and other industrial activities. Acrylic processing aids are copolymers which contains methyl methacrylate in large concentration. Acrylic processing aids promote PVC fusion, modify the melt rheology and provide lubrication. Further, they serve combination of functions like moulding, lubrication, tensile packaging. Acrylic processing aids are used to enhance the extrusion, moulding performance of polyvinyl chloride (PVC). PVC compounds regulates the appearance and physical properties of the moulded parts. Thus it is particularly used to improved physical properties. They particularly used for decreasing the melting temperature through rapid fusion of PVC compounds which further improves melt uniformity. Acrylic processing aid improves heat stability, the surface gloss of PVC products, and maintain the melt flow-ability. Geographically, Asia Pacific is anticipated to grow with higher growth rate over forecast period. Large-scale investments in numerous industries such as consumer goods, construction, automotive and food & beverages are prominent factors for driving the growth of market in region.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
There are various companies are operating in the market to provides acrylic processing aids. Increased demand for packaging and fabrication in number of industries is impacting on the demand for acrylic processing aids positive manner. Hence to grab the opportunity associated with the market, many new market players are entering to the market. The market leaders are investing on organic and non-organic strategic growth initiatives to become dominant in this industry. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Acrylic Processing Aid market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
The Down Chemical Company (United States), Arkema SA (France), Mitsubishi Chemical Corporation (Japan), BASF SE(Germany), Shandong Ruifeng Chemical Co. Ltd. (China), DowDupont Inc.(United States), Akdeniz Chemson (Turkey), Kaneka Corporation (Japan), WSD Chemical Limited (China), Indofil Industries Limited (India) and LG Chem(South Korea) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Numaligarh Refinery (India) and Shandong Novista Chemicals Co.,Ltd (Novista Group) (China).
Segmentation Overview
AMA Research has segmented the market of Global Acrylic Processing Aid market by Type (Polyvinyl chloride (flexible PVC, and rigid PVC), Polystyrene, Polycarbonates and Others (acrylonitrile-butadiene-styrene, poly methyl-methacrylate)), Application (facilitate the manufacturing of a food product.) and Region.
On the basis of geography, the market of Acrylic Processing Aid has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Function, the sub-segment i.e. Fabrication (Extrusion, Injection Molding) will boost the Acrylic Processing Aid market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Automobile will boost the Acrylic Processing Aid market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Requirement of Cost Effective Aid for Manufacturing of Plastic Products and Preference towards Flexible Material with Unique Features Like Abrasion Resistance, High Tensile Strength, Finishing, Thickness etc
Market Growth Drivers:
Increasing Need of Lighter Material with Mechanical, Electrical and Chemical Resistance Compared to Conventional Materials like Metals and Ceramic Provides Demand for the Market and Usages of Acrylic Processing Aids for Fabrication Process Is Increased As It Is Able To Provide Faster Fusion, Melt Strength and Elasticity
Challenges:
High Capital Investment for Copolymers Production .
Restraints:
Less Focus on R&D Activities in Emerging Countries
Opportunities:
More Inclination of Manufacturers for Providing Eco-Friendly Copolymers and Increasing Demand Packaging Due To Increasing Online Platforms for Product Delivery
Market Leaders and their expansionary development strategies
In May , 2023 Dow and New Energy Blue announced a long-term supply agreement in North America in which New Energy Blue will create bio-based ethylene from renewable agricultural residues. Dow expects to purchase this bio-based ethylene, reducing carbon emissions from plastic production, and using it in recyclable applications across transportation, footwear, and packaging.
In September 2020, Dow has expanded the portfolio of INVISU by launching the INVISU 3400 Acrylic Adhesive. It provides advancement for pressure-sensitive paper and film label applications. INVISU 3400 Acrylic Adhesive provides efficient adhesion to various packaging surfaces. Owing to this launch, company gets an edge over to provide ready-to-coat, adaptable viscosity and excellent adhesion and cohesion at low temperatures to different surfaces
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Copolymers Manufacturers, Suppliers and Distributors, Government Regulatory, Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.