Low profile additives find its application in polyester resin systems and offer improved characteristics such as paste viscosity, viscosity thickening plateau, and phase separation. The global low profile additives market size was USD 487.6 Million in 2024 and is expected to reach a value of USD 1,124.1 Million by 2028, and register a CAGR of 10.90% during the forecast period.
The low profile additives market is driven by the increasing application of these additives in the automotive sector. The use of the market product in automobiles makes them lightweight yet strong, and thus more durable and efficient. Furthermore, the increasing use of the product in the building and construction industries are propelling market growth. This can be attributed to the properties of low profile additives such as electrical insulation, dimensional stability, and corrosion resistance.
Key participants include Lyondellbasell Industries, Aromax Technology, AOC Aliancys, Swancor Holding Company Limited, Evonik Industries, Wacker Chemie, Swancor Holding Company Limited, Polynt-Reichhold Group, Lucite International, and BASF, among others.
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The use of fiber-reinforced plastics incorporated with low profile additives offers design flexibility, cost reduction, weight reduction, and improved lead time. The widespread use of fiber-reinforced plastics in the military and aerospace industries are likely to fuel the demand for low profile additives during the assessment period.
The Asia Pacific region dominated the market for low profile additives. Growth-centric countries in the region, such as India, China, Malaysia, Thailand, and Indonesia are expected to offer lucrative opportunities for growth during the forecast period.
For the purpose of this report, Reports and Data have segmented into the global Low Profile Additives market on the basis of product type, application, end-use industry, and region:
Product Type Outlook (Volume: Kilo Tons; Revenue: USD Million; 2016-2026)
- Polystyrene-based
- Polyvinyl Acetate-based
- PMMA-based
- High-density Polyethylene (HDPE)
- Polyester-based
- Others
Application Outlook (Volume: Kilo Tons; Revenue: USD Million; 2016-2026)
- Sheet Molding Compound/Bulk Molding Compound
- Resin Transfer Molding
- Pultrusion
- Others
End-Use Industry Outlook (Volume: Kilo Tons; Revenue: USD Million; 2016-2026)
- Automotive
- Construction
- Military and Aerospace
- Electronics
- Consumer Products & Home Appliances
- Others
Regional Outlook (Volume: Kilo Tons; Revenue: USD Million; 2016-2026)
- North America
- Europe
- Asia Pacific
- MEA
- Latin America
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Further key findings from the report suggest
- Polyvinyl Acetate-based (PVA) lead the market for low profile additive market, with 24.1% of the market share in 2018. Its advantageous properties, such as low shrinkage and improved surface finish, are anticipated to increase its application in various compounding techniques. Growing demand from the automotive industry, where high-quality surface finish is required, are expected to drive the market.
- Sheet Molding Compound/Bulk Molding Compound are a class of composite materials that finds its application in the automotive sector due to their low weight, good mechanical properties, and cost-effectiveness. These composite materials are blended with low profile additives to compensate for polymerization shrinkage.
- The automotive sector are currently facing a lot of changes with regard to its impact on the environment. The weight reduction of a vehicle by 100kg saves up to 12.5g of carbon dioxide emissions every kilometer. Thus, a reduction in a kilogram of the car can save up to 20kg of greenhouse gas emission in the lifetime of the car. Low profile additives help in the production of light-weight cars. Automotive held a market share of 31.3% in the year 2018…Continued
Table of Content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2024 – 2028
Chapter 3. Indicative Metrics
Chapter 4. Low Profile Additives Market Segmentation & Impact Analysis
4.1. Low Profile Additives Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing demand for SMC & BMC in automotive
4.2.2.2. Growth in renewable energy
4.2.2.3. Growth in construction and electronics industry
4.2.3. Market restraints analysis
4.2.3.1. Volatile raw material prices
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
Continued…
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