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Acrylic Processing Aid Market Outlook: High product demand in the windows & doors industry

Author : Ronak Bora | Published Date : 2019-04-02 

A comprehensive research study on acrylic processing aid market introduced by Global Market Insights, Inc. provides insights into the market size and growth trends of this industry over the forecast timeline. The study evaluates key aspects of market in terms of the demand landscape, driving factors and growth strategies adopted by market players.

Acrylic Processing Aid Market size is expected to grow significantly owing to its cost effectiveness in manufacturing plastic products. Rapidly growing building and construction industry and rising product applications in several end use industries including, trim-board, containers, windows & doors, roofing, flooring and pipes will enhance the industry growth.

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Acrylic processing aid market will rise with growth in end-use industries of PVC. Some of the PVC products including pipe fittings, bottles, profiles, fencing, sheets and foam sheets need acrylic processing aid to attain better flow during the process, intensifying production efficacy and producing excellent surface gloss which increases the overall output.

Growing consumer goods, packaging and automotive industries will provide positive outlook to acrylic processing aid market. However, huge investment required for research and development operations may restrict the acrylic processing aid market.

Acrylic processing aid is manufactured using three types of fabrication process which includes extrusion, injection molding, filament winding and pultrusion. Among the classified fabrication processes, extrusion segment holds the largest market share and is estimated to grow significantly. It is a process of treating high volume of plastics, the raw materials are fed into the machine and are melted at very high temperature depending upon the nature of the plastic. However, strict regulations may restrain the future growth of this fabrication process.

Based on the polymer types, PVC is projected to be the largest acrylic processing aid market.  It is widely used in automotive industry due to its flexibility, cost-effective process and providing safe and high quality of automobile components. It is less expensive as compared to other products and it reduces the overall weight of automobiles, thus fostering the industry growth.

APA is used in various end-user industries including, automotive, consumer goods, packaging and building & construction. Among them, building & construction industry is the fastest growing segment owing to high demand for flexible, strong, chemical and oil resistive products. Containers, windows & doors, pipes, roofing and floorings are the key products that widely uses APA.

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Asia Pacific region is projected to be the fastest growing region for acrylic processing aid market owing to huge investments in several industries including packaging, automotive, consumer goods and construction & building. Emerging economies are rapidly transforming in this region which will fuel the product growth. Also, rising spending capacity in middle class population in India and China will reinforce the market demand. The Middle East and Africa region for acrylic processing aid market is also expected to up surge owing to high infrastructural development in the region.

Global acrylic processing aid market competitive in nature. Several prominent leaders that dominates the market are DOW Chemical Company, BASF, 3M, Arkema, Akdeinz Kimya, LG Chem, Kaneka, Mitsubishi Rayon, Shangdong Rike Chemicals and Shangdong Ruifeng Chemical.

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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