Lucintel Forecasts Low Profile Additive Market To Grow At A Cagr Of 5%-7%

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According to the recent study the low profile additive market is projected to grow at a CAGR of 5%-7% from 2020 to 2025. Growth in this market is primarily driven by growing demand for SMC and BMC in automotive, aerospace and medical industries and electrical resistivity and high flame retardant material demand in the electrical and electronics industry.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in low profile additive market by product type (polystyrene-based, polyvinyl acetate-based (PVA), polymethyl methacrylate (PMMA), high-density polyethylene, polyester-based, and others), application (sheet & bulk molding compounds (SMC/BMC), pultrusion, resin transfer molding, hand lay-up, spray-up, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/low-profile-additive-market.aspx
“Polyvinyl acetate-based (PVA) market is expected to remain the largest segment during the forecast period.”
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... Based on product type, the low profile additive market is segmented into polystyrene-based, polyvinyl acetate-based (PVA), polymethyl methacrylate (PMMA), high-density polyethylene, polyester-based, and others. Lucintel forecasts that the polyvinyl acetate-based (PVA) market is expected to remain the largest segment over the forecast period due to easy availability, outstanding shrinkage prevention, and solubility characteristics during curing phase.
“Within the low profile additive market, the sheet & bulk molding compounds (SMC/BMC) segment is expected to remain the largest application”
Based on application, the sheet & bulk molding compounds (SMC/BMC) segment is expected to witness the largest segment by application over the forecast period due to increasing demand for lightweight materials in transportation and performance benefits, such as lower corrosion in construction and higher thermal resistance in the E&E industry.
“Asia Pacific will dominate the low profile additive market in near future”
Asia Pacific is expected to be the largest region over the forecast period and ROW is expected to witness the highest growth over the forecast period because of growing demand from transportation and other end use industries.
Download Brochure of this report by clicking on https://www.lucintel.com/low-profile-additive-market.aspx
Major players of low profile additive market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Wacker Chemie, LyondellBasell Industries, Polynt-Reichhold Group, Ashland, PolyOne Corporation, Poliya Composite Resins and Polymers, Swancor Manufacturing, AOC Aliancys, and Interplastic Corporation are among the major low profile additive providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/low-profile-additive-market.aspx or helpdesk@lucintel.com
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

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Lucintel
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