Acrylic Processing Aid Market Introduction and Overview
According to SPER Market Research, the Global Acrylic Processing Aid Market is estimated to reach USD 1528.67 million by 2033 with a CAGR of 7.55%.
The report includes an in-depth analysis of the Global Acrylic Processing Aid Market, including market size and trends, product mix, Applications, and supplier analysis. Acrylic Processing Aid is a cutting-edge method for improving plastics quality. Plastic material is processed using various fabrication techniques, including injection molding and extrusion, with the use of acrylic processing aids. Polyvinyl chloride (PVC) based on acrylic processing assistance is essential to the production of robust, flexible, long-lasting, and reasonably priced plastics. During manufacture, these aids help PVC compounds have better fusion characteristics, melt strength, and surface quality. They are necessary to enable complicated shapes and finer details in final products, as well as to provide a smoother processing window.
- PLASTISTRENGTH® 562 NA, a new process aid from Arkema, will be available in July 2020. Its goal is to help PVC converters better balance formulation costs with processing performance. Increased melt power, efficient processing, and continuous PVC fusion and filler integration are all provided by this innovative technique for both rigid and semi-rigid extruded or calendared PVC products.
- October 2022: Industry 4.0 technology integration is one industrial advancement in the acrylic processing aid sector. Using automation, the Internet of Things, and data analytics, manufacturers are using smart manufacturing processes more and more. This connection guarantees constant product quality, lowers downtime, and increases production efficiency. Optimal manufacturing in the acrylic processing aid industry is facilitated by predictive maintenance, data-driven insights, and real-time production process monitoring. By using Industry 4.0, the acrylic processing aid manufacturing landscape becomes more flexible and simplified, while also improving operational efficiency and positioning the industry to meet the changing demands of a technologically evolved market.
Market Opportunities and ChallengesAcrylic processing aid is commonly used in plastics for PVC applications in the building and construction, and automotive sectors. Acrylic processing aids are being used more and more in plastics for PVC flooring, windows, pipes, and automobile interiors and exteriors because of their superior clarity, high surface quality, glossy effects, and affordability. The primary purposes of acrylic processing aids are to improve process capability, decrease the shark skin effect during extrusion, and boost the flow of plastic materials. A growing number of significant end-use sectors, including packaging, building and construction, automotive, consumer goods, and others, are using acrylic processing aids in their plastic products. The need for APA is anticipated to rise in the future as these businesses expand. Acrylic processing aid is commonly used in plastics for PVC applications in the building and construction, and automotive sectors. The usage of acrylic processing aid in plastics for PVC floors, windows, pipes, car interior and exterior is gaining popularity because to its superior clarity, surface quality, glossy effects, and cost-effectiveness. These applications are likely to drive long-term growth for acrylic processing aid.
A few market constraints are impeding the acrylic processing aid industry's expansion. The expensive cost of raw materials and the restricted capacity of manufacturing are two examples of these market constraints. Furthermore, manufacturers are not aware of the advantages of using acrylic processing assistance. Due to businesses not investing in technology, this is impeding the growth of the market. Further impeding the growth of the market are severe environmental rules and limitations on the usage of specific chemicals used in acrylic processing aids. In order to abide by rules and solve environmental problems, manufacturers are concentrating on creating eco-friendly substitutes.
Market Competitive Landscape
There are a number of significant businesses in the competitive and fragmented acrylic processing aid market. ACURO ORGANICS LIMITED, Maxwell Additives Pvt Ltd, Chemtex Speciality Limited, Polysciences, Inc, PROTEX INTERNATIONAL, Ashland, Arkema, BASF SE, Kemira, The Lubrizol Corporation, NIPPON SHOKUBAI CO LTD, Evonik Industries AG, Dow, Henan Qingshuiyuan Technology CO, Ltd, Aurora Fine Chemicals, and Zouping Dongfang Chemical Co, Ltd are a few of the top companies in the sector.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Polymer Type, By Fabrication Process, By Application, By End-Use Industry
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| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
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| Companies Covered | ACURO ORGANICS LIMITED, Maxwell Additives Pvt Ltd, Chemtex Speciality Limited, Polysciences, Inc, PROTEX INTERNATIONAL, Ashland, Arkema, BASF SE, Kemira, The Lubrizol Corporation, NIPPON SHOKUBAI CO LTD, Evonik Industries AG, Dow, Henan Qingshuiyuan Technology CO, Ltd, Aurora Fine Chemicals, Zouping Dongfang Chemical Co, Ltd.
|
COVID-19 Impact on Global Acrylic Processing Aid Market
The COVID-19 pandemic in 2020 caused numerous industries worldwide to collapse. The need for acrylic processing aid—a tool used in the processing of plastics—has decreased as a result of the decline in demand for plastics from end-use industries like automotive, building and construction, consumer products, packaging, and so forth. Industries are projected to be completely operational by the end of 2020, albeit with a limited workforce after the third quarter of the year. Taking into account the aforementioned aspects, the market for acrylic processing aids is anticipated to see negative growth in 2020 before experiencing positive growth throughout the course of the forecast year.
Key Target Audience:
- Manufacturers
- Distributors
- Suppliers
- Logistics organizations
- Government bodies
Our in-depth analysis of the Acrylic Processing Aid Market includes the following segments:
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By Polymer Type: |
Polyvinyl Chloride
Others
|
|
By Fabrication Process: |
Extrusion
Injection Molding
Others
|
|
By Application: |
Pipes and Fitting
Door and Window
Packaging and Films
Furniture
Footwear
Others
|
|
By End-Use Industry: |
Building and Construction
Packaging
Consumer Goods
Automotive
Others
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Key Topics Covered in the Report:
- Global Acrylic Processing Aid Market Size (FY’2024-FY’2033)
- Overview of Global Acrylic Processing Aid Market
- Segmentation of Global Acrylic Processing Aid Market By Polymer Type (Polyvinyl Chloride, Others)
- Segmentation of Global Acrylic Processing Aid Market By Fabrication Process (Extrusion, Injection Molding, Others)
- Segmentation of Global Acrylic Processing Aid Market By Application (Pipes, and Fitting, Door and Window, Packaging and Films, Furniture, Footwear, Others)
- Segmentation of Global Acrylic Processing Aid Market By End-Use Industry (Building and Construction, Packaging, Consumer Good, Automotive, Others)
- Statistical Snap of Global Acrylic Processing Aid Market
- Expansion Analysis of Global Acrylic Processing Aid Market
- Problems and Obstacles in Global Acrylic Processing Aid Market
- Competitive Landscape in the Global Acrylic Processing Aid Market
- Impact of COVID-19 and Demonetization on Global Acrylic Processing Aid Market
- Details on Current Investment in Global Acrylic Processing Aid Market
- Competitive Analysis of Global Acrylic Processing Aid Market
- Prominent Players in the Global Acrylic Processing Aid Market
- SWOT Analysis of Global Acrylic Processing Aid Market
- Global Acrylic Processing Aid Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Acrylic Processing Aid Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Acrylic Processing Aid Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Acrylic Processing Aid Market
7. Global Acrylic Processing Aid Market, By Polymer Type (USD Million) 2020-2033
7.1. Global Acrylic Processing Aid Market Size, Share and Forecast, By Polymer Type, 2020-2026
7.2. Global Acrylic Processing Aid Market Size, Share and Forecast, By Polymer Type, 2027-2033
7.3. Polyvinyl Chloride
7.4. Others
8. Global Acrylic Processing Aid Market, By Fabrication Process (USD Million) 2020-2033
8.1. Global Acrylic Processing Aid Market Size, Share and Forecast, By Fabrication Process, 2020-2026
8.2. Global Acrylic Processing Aid Market Size, Share and Forecast, By Fabrication Process, 2027-2033
8.3. Extrusion
8.4. Injection Molding
8.5. Others
9. Global Acrylic Processing Aid Market, By Application (USD Million) 2020-2033
9.1. Global Acrylic Processing Aid Market Size, Share and Forecast, By Application, 2020-2026
9.2. Global Acrylic Processing Aid Market Size, Share and Forecast, By Application, 2027-2033
9.3. Pipes and Fitting
9.4. Door and Window
9.5. Packaging and Films
9.6. Furniture
9.7. Footwear
9.8. Others
10. Global Acrylic Processing Aid Market, By End-Use Industry (USD Million) 2020-2033
10.1. Global Acrylic Processing Aid Market Size, Share and Forecast, By End-Use Industry, 2020-2026
10.2. Global Acrylic Processing Aid Market Size, Share and Forecast, By End-Use Industry, 2027-2033
10.3. Building and Construction
10.4. Packaging
10.5. Consumer Goods
10.6. Automotive
10.7. Others
11. Global Acrylic Processing Aid Market Forecast, 2020-2033 (USD Million)
11.1. Global Acrylic Processing Aid Market Size and Market Share
12. Global Acrylic Processing Aid Market, By Region, 2020-2033 (USD Million)
12.1. Global Acrylic Processing Aid Market Size and Market Share By Region (2020-2026)
12.2. Global Acrylic Processing Aid Market Size and Market Share By Region (2027-2033)
12.3. Asia-Pacific
12.3.1. Australia
12.3.2. China
12.3.3. India
12.3.4. Japan
12.3.5. South Korea
12.3.6. Rest of Asia-Pacific
12.4. Europe
12.4.1. France
12.4.2. Germany
12.4.3. Italy
12.4.4. Spain
12.4.5. United Kingdom
12.4.6. Rest of Europe
12.5. Middle East and Africa
12.5.1. Kingdom of Saudi Arabia
12.5.2. United Arab Emirates
12.5.3. Qatar
12.5.4. South Africa
12.5.5. Egypt
12.5.6. Morocco
12.5.7. Nigeria
12.5.8. Rest of Middle-East and Africa
12.6. North America
12.6.1. Canada
12.6.2. Mexico
12.6.3. United States
12.7. Latin America
12.7.1. Argentina
12.7.2. Brazil
12.7.3. Rest of Latin America
13. Company Profile
13.1. Ashland
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Arkema
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. BASF SE
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Kemira
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. The Lubrizol Corporation
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. NIPPON SHOKUBAI CO. LTD
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. Dow
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Henan Qingshuiyuan Technology CO., Ltd.
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Aurora Fine Chemicals
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. Zouping Dongfang Chemical Co., Ltd.
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. ACURO ORGANICS LIMITED
13.11.1. Company details
13.11.2. Financial outlook
13.11.3. Product summary
13.11.4. Recent developments
13.12. Maxwell Additives Pvt. Ltd
13.12.1. Company details
13.12.2. Financial outlook
13.12.3. Product summary
13.12.4. Recent developments
13.13. Chemtex Speciality Limited
13.13.1. Company details
13.13.2. Financial outlook
13.13.3. Product summary
13.13.4. Recent developments
13.14. Polysciences, Inc.
13.14.1. Company details
13.14.2. Financial outlook
13.14.3. Product summary
13.14.4. Recent developments
13.15. PROTEX INTERNATIONAL
13.15.1. Company details
13.15.2. Financial outlook
13.15.3. Product summary
13.15.4. Recent developments
13.16. Evonik Industries AG
13.16.1. Company details
13.16.2. Financial outlook
13.16.3. Product summary
13.16.4. Recent developments
13.17. Others
14. Conclusion
15. List of Abbreviations
16. Reference Links