Table of Content

1 INTRODUCTION 13
1.1 OBJECTIVES OF THE STUDY 13
1.2 MARKET DEFINITION 13
1.3 MARKET SCOPE 14
1.3.1 YEARS CONSIDERED FOR THE STUDY 14
1.4 CURRENCY 15
1.5 UNIT CONSIDERED 15
1.6 STAKEHOLDERS 15

2 RESEARCH METHODOLOGY 16
2.1 RESEARCH DATA 16
2.1.1 SECONDARY DATA 17
2.1.1.1 Key data from secondary sources 17
2.1.2 PRIMARY DATA 17
2.1.2.1 Key data from primary sources 18
2.1.2.2 Key industry insights 19
2.1.2.3 Breakdown of primary interviews 19
2.2 MARKET SIZE ESTIMATION 20
2.2.1 BOTTOM-UP APPROACH 20
2.2.2 TOP-DOWN APPROACH 21
2.3 DATA TRIANGULATION 22
2.4 ASSUMPTIONS 23
2.5 LIMITATIONS 23

3 EXECUTIVE SUMMARY 24

4 PREMIUM INSIGHTS 27
4.1 ATTRACTIVE OPPORTUNITIES IN THE LOW PROFILE ADDITIVES MARKET 27
4.2 LOW PROFILE ADDITIVES MARKET, BY TYPE 27
4.3 LOW PROFILE ADDITIVES MARKET, BY APPLICATION 28
4.4 LOW PROFILE ADDITIVES MARKET, BY REGION 28
4.5 APAC LOW PROFILE ADDITIVES MARKET, BY APPLICATION AND COUNTRY 29

5 MARKET OVERVIEW 30
5.1 INTRODUCTION 30
5.2 MARKET DYNAMICS 30
5.2.1 DRIVERS 30
5.2.1.1 Increasing demand for SMC and BMC in the automotive industry 30
5.2.1.2 Growth in electrical & electronics and construction industries 31
5.2.1.3 Growth of renewable energy 31
5.2.2 RESTRAINTS 31
5.2.2.1 Volatility in raw material prices 31
5.2.3 OPPORTUNITIES 32
5.2.3.1 Increasing demand for composite materials in emerging economies 32
5.3 PORTER’S FIVE FORCES ANALYSIS 33
5.3.1 THREAT OF NEW ENTRANTS 34
5.3.2 THREATS OF SUBSTITUTES 34
5.3.3 BARGAINING POWER OF SUPPLIERS 34
5.3.4 BARGAINING POWER OF BUYERS 35
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 35

6 LOW PROFILE ADDITIVES MARKET, BY TYPE 36
6.1 INTRODUCTION 37
6.2 POLYVINYL ACETATE 38
6.2.1 EASY AVAILABILITY AND LOW COST OF PVA TO DRIVE THE MARKET 38
6.3 POLYMETHYL METHACRYLATE 38
6.3.1 INCREASED DEMAND IN SPECIALITY APPLICATIONS TO FUEL THE GROWTH OF THE MARKET 38
6.4 POLYSTYRENE 38
6.4.1 EASY AVAILABILITY AND INCREASED DEMAND IN ELECTRICAL & ELECTRONICS APPLICATION TO AUGMENT MARKET GROWTH 38
6.5 OTHERS 39

7 LOW PROFILE ADDITIVES MARKET, BY APPLICATION 40
7.1 INTRODUCTION 41
7.2 SMC/BMC 42
7.2.1 EFFICIENT OPERABILITY AND HIGH PERFORMANCE TO INCREASE APPLICABILITY OF SMC/BMC 42
7.3 RTM 42
7.3.1 INCREASING APPLICATIONS DUE TO DEMAND FROM VARIOUS INDUSTRIES 42
7.4 PULTRUSION 43
7.4.1 EFFICIENT PROPERTIES OF PULTRUSION PROCESS MAKE IT SUITABLE IN VARIOUS APPLICATIONS 43
7.5 OTHERS 43

8 LOW PROFILE ADDITIVES MARKET, BY REGION 44
8.1 INTRODUCTION 45
8.2 NORTH AMERICA 47
8.2.1 US 49
8.2.1.1 Growing demand for energy-efficient vehicles to increase the need for low profile additives 49
?
8.2.2 CANADA 50
8.2.2.1 New and emerging technologies, new application areas, and improved government investments to drive the market 50
8.2.3 MEXICO 51
8.2.3.1 Increasing use of low profile additives in automotive components and home appliances applications 51
8.3 EUROPE 52
8.3.1 GERMANY 53
8.3.1.1 Rapid growth in the electrical & electronics industry to increase the demand for low profile additives 53
8.3.2 FRANCE 54
8.3.2.1 Growing automotive application to drive the demand for low profile additives 54
8.3.3 SPAIN 55
8.3.3.1 Rising global and domestic demand for automobiles will drive the market 55
8.3.4 UK 56
8.3.4.1 Significant improvement in economic condition and growth in domestic demand for innovative and efficient products are fueling the demand for low profile additives 56
8.3.5 ITALY 57
8.3.5.1 Motors and home appliances are projected to be two key end users of low profile additives 57
8.3.6 REST OF EUROPE 58
8.4 APAC 60
8.4.1 CHINA 62
8.4.1.1 Favorable market conditions and government regulations are increasing the demand for low profile additives 62
8.4.2 JAPAN 63
8.4.2.1 High-value electrical appliances and automotive components applications to lead the low profile additives market 63
8.4.3 INDIA 64
8.4.3.1 Rapid growth in the industrial sector to propel the low profile additives market 64
8.4.4 SOUTH KOREA 65
8.4.4.1 Increasing automotive exports and domestic demand to propel the demand for low profile additives 65
8.4.5 REST OF APAC 66
8.5 ROW 67
8.5.1 BRAZIL 69
8.5.1.1 Technological innovation in the automotive industry to create demand for composites as well as low profile additives 69
8.5.2 SAUDI ARABIA 70
8.5.2.1 The necessity for new and energy-efficient equipment and infrastructure to increase the demand for low profile additives 70
?
8.5.3 UAE 71
8.5.3.1 Improved government initiatives in the automotive industry and growing manufacturing sector will propel the market 71
8.5.4 ARGENTINA 72
8.5.4.1 Growth in vehicle production and renewable energy to augment the growth of the low profile additives market 72
8.5.5 OTHERS 73

9 COMPETITIVE LANDSCAPE 75
9.1 INTRODUCTION 75
9.2 RANKING OF KEY PLAYERS 76
9.2.1 WACKER CHEMIE 76
9.2.2 LYONDELLBASELL INDUSTRIES 76
9.2.3 POLYNT-REICHHOLD GROUP 76
9.2.4 AOC ALIANCYS 77
9.2.5 INTERPLASTIC CORPORATION 77
9.3 COMPETITIVE SCENARIO 77
9.3.1 AGREEMENT 77
9.3.2 INVESTMENT & EXPANSION 78
9.3.3 MERGER & ACQUISITION 79

10 COMPANY PROFILES 80
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
10.1 WACKER CHEMIE 80
10.2 LYONDELLBASELL INDUSTRIES 82
10.3 POLYNT-REICHHOLD GROUP 84
10.4 AOC ALIANCYS 85
10.5 INTERPLASTIC CORPORATION 86
10.6 AROMAX TECHNOLOGY 87
10.7 ASHLAND 88
10.8 EVONIK INDUSTRIES 90
10.9 SWANCOR HOLDING COMPANY LIMITED 91
10.10 VIN INDUSTRIES 92
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
10.11 OTHER COMPANIES 93
10.11.1 ALTANA 93
10.11.2 BASF 93
10.11.3 LUCITE INTERNATIONAL 93
10.11.4 MECHEMCO 93
10.11.5 SUMITOMO SEIKA CHEMICALS COMPANY 93
10.11.6 SYNTHOMER 93

11 APPENDIX 94
11.1 DISCUSSION GUIDE 94
11.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 97
11.4 AVAILABLE CUSTOMIZATIONS 99
11.5 RELATED REPORTS 99
11.6 AUTHOR DETAILS 100



List of Figures



FIGURE 1 LOW PROFILE ADDITIVES MARKET SEGMENTATION 14
FIGURE 2 LOW PROFILE ADDITIVES MARKET: RESEARCH DESIGN 16
FIGURE 3 LOW PROFILE ADDITIVES MARKET: DATA TRIANGULATION 22
FIGURE 4 PVA SEGMENT ACCOUNTED FOR THE LARGEST SHARE OF
THE LOW PROFILE ADDITIVES IN 2017 24
FIGURE 5 SMC/BMC SEGMENT TO REGISTER THE HIGHEST CAGR IN
THE LOW PROFILE ADDITIVES MARKET 25
FIGURE 6 APAC LOW PROFILE ADDITIVES MARKET TO REGISTER THE HIGHEST CAGR 25
FIGURE 7 GROWTH IN ELECTRICAL & ELECTRONICS, AUTOMOTIVE, AND CONSTRUCTION INDUSTRIES TO DRIVE THE MARKET 27
FIGURE 8 PVA TO BE THE LARGEST TYPE OF LOW PROFILE ADDITIVES 27
FIGURE 9 SMC/BMC TO BE THE LARGEST APPLICATION OF LOW PROFILE ADDITIVES 28
FIGURE 10 APAC ACCOUNTED FOR THE LARGEST MARKET SHARE IN 2017 28
FIGURE 11 SMC/BMC AND CHINA ACCOUNTED FOR THE LARGEST MARKET SHARE IN 2017 29
FIGURE 12 OVERVIEW OF THE FACTORS GOVERNING THE LOW PROFILE ADDITIVES MARKET 30
FIGURE 13 LOW TO MEDIUM THREAT OF NEW ENTRANTS OWING TO THE STRONG BRAND IMAGE OF EXISTING PLAYERS 33
FIGURE 14 PVA SEGMENT TO ACCOUNT FOR THE LARGEST MARKET SHARE 37
FIGURE 15 SMC/BMC SEGMENT ACCOUNETD FOR THE LARGEST MARKET SHARE IN 2017 41
FIGURE 16 LOW PROFILE ADDITIVES MARKET IN INDIA TO REGISTER THE HIGHEST CAGR 45
FIGURE 17 NORTH AMERICA: LOW PROFILE ADDITIVES MARKET SNAPSHOT 47
FIGURE 18 APAC: LOW PROFILE ADDITIVES MARKET SNAPSHOT 60
FIGURE 19 COMPANIES ADOPTED AGREEMENT AS THE KEY GROWTH STRATEGY
BETWEEN 2015 AND 2018 75
FIGURE 20 RANKING OF LOW PROFILE ADDITIVES MANUFACTURERS IN 2017 76
FIGURE 21 WACKER CHEMIE: COMPANY SNAPSHOT 80
FIGURE 22 WACKER CHEMIE: SWOT ANALYSIS 81
FIGURE 23 LYONDELLBASELL: COMPANY SNAPSHOT 82
FIGURE 24 LYONDELLBASELL: SWOT ANALYSIS 83
FIGURE 25 ASHLAND: COMPANY SNAPSHOT 88
FIGURE 26 EVONIK INDUSTRIES: COMPANY SNAPSHOT 90

 

List of Tables



TABLE 1 LOW PROFILE ADDITIVES MARKET SIZE, BY TYPE, 2016–2023 (KILOTON) 37
TABLE 2 LOW PROFILE ADDITIVES MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION) 38
TABLE 3 LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION, 2016–2023 (KILOTON) 41
TABLE 4 LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (USD MILLION) 41
TABLE 5 LOW PROFILE ADDITIVES MARKET SIZE, BY REGION, 2016–2023 (KILOTON) 46
TABLE 6 LOW PROFILE ADDITIVES MARKET SIZE, BY REGION, 2016–2023 (USD MILLION) 46
TABLE 7 NORTH AMERICA: LOW PROFILE ADDITIVES MARKET SIZE, BY COUNTRY 2016–2023 (KILOTON) 48
TABLE 8 NORTH AMERICA: LOW PROFILE ADDITIVES MARKET SIZE, BY COUNTRY 2016–2023 (USD MILLION) 48
TABLE 9 NORTH AMERICA: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (KILOTON) 48
TABLE 10 NORTH AMERICA: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (USD MILLION) 48
TABLE 11 US: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (KILOTON) 49
TABLE 12 US: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (USD MILLION) 49
TABLE 13 CANADA: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (KILOTON) 50
TABLE 14 CANADA: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (USD MILLION) 50
TABLE 15 MEXICO: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (KILOTON) 51
TABLE 16 MEXICO: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (USD MILLION) 51
TABLE 17 EUROPE: LOW PROFILE ADDITIVES MARKET SIZE, BY COUNTRY 2016–2023 (KILOTON) 52
TABLE 18 EUROPE: LOW PROFILE ADDITIVES MARKET SIZE, BY COUNTRY 2016–2023 (USD MILLION) 52
TABLE 19 EUROPE: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (KILOTON) 53
TABLE 20 EUROPE: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (USD MILLION) 53
TABLE 21 GERMANY: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (KILOTON) 54
TABLE 22 GERMANY: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (USD MILLION) 54
TABLE 23 FRANCE: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (KILOTON) 55
TABLE 24 FRANCE: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (USD MILLION) 55
TABLE 25 SPAIN: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (KILOTON) 56
TABLE 26 SPAIN: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (USD MILLION) 56
TABLE 27 UK: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (KILOTON) 57
TABLE 28 UK: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (USD MILLION) 57
TABLE 29 ITALY: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (KILOTON) 58
TABLE 30 ITALY: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (USD MILLION) 58
TABLE 31 REST OF EUROPE: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION, 2016–2023 (KILOTON) 59
TABLE 32 REST OF EUROPE: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION) 59
TABLE 33 APAC: LOW PROFILE ADDITIVES MARKET SIZE, BY COUNTRY 2016–2023 (KILOTON) 61
TABLE 34 APAC: LOW PROFILE ADDITIVES MARKET SIZE, BY COUNTRY 2016–2023 (USD MILLION) 61
TABLE 35 APAC: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (KILOTON) 61
TABLE 36 APAC: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (USD MILLION) 62
TABLE 37 CHINA: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (KILOTON) 63
TABLE 38 CHINA: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (USD MILLION) 63
TABLE 39 JAPAN: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (KILOTON) 64
TABLE 40 JAPAN: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (USD MILLION) 64
TABLE 41 INDIA: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (KILOTON) 65
TABLE 42 INDIA: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (USD MILLION) 65
TABLE 43 SOUTH KOREA: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (KILOTON) 66
TABLE 44 SOUTH KOREA: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (USD MILLION) 66
TABLE 45 REST OF APAC: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (KILOTON) 67
TABLE 46 REST OF APAC: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (USD MILLION) 67
TABLE 47 ROW: LOW PROFILE ADDITIVES MARKET SIZE, BY COUNTRY 2016–2023 (KILOTON) 68
TABLE 48 ROW: LOW PROFILE ADDITIVES MARKET SIZE, BY COUNTRY 2016–2023 (USD MILLION) 68
TABLE 49 ROW: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (KILOTON) 68
TABLE 50 ROW: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (USD MILLION) 69
TABLE 51 BRAZIL: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (KILOTON) 69
TABLE 52 BRAZIL: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (USD MILLION) 70
TABLE 53 SAUDI ARABIA: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (KILOTON) 70
TABLE 54 SAUDI ARABIA: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (USD MILLION) 71
TABLE 55 UAE: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (KILOTON) 71
TABLE 56 UAE: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (USD MILLION) 72
TABLE 57 ARGENTINA: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (KILOTON) 72
TABLE 58 ARGENTINA: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (USD MILLION) 73
TABLE 59 OTHERS: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (KILOTON) 74
TABLE 60 OTHERS: LOW PROFILE ADDITIVES MARKET SIZE, BY APPLICATION 2016–2023 (USD MILLION) 74
TABLE 61 AGREEMENT, 2015–2018 77
TABLE 62 INVESTMENT & EXPANSION, 2015–2018 78
TABLE 63 MERGER & ACQUISITION, 2015–2018 79