Polymer Processing Aid Market to offer a healthy CAGR of 6.2% during 2020-25
February 18, 2020
Polymer Processing Aid Market Overview:
Polymer processing aid market is likely to witness an impressive CAGR of 6.2% during the forecast period. Growing usage of plastics in various end-use industries, such as consumer goods, automotive, building & construction, and packaging is driving the global polymer processing aid market.
Report Overview:
This new report from Stratview Research analyses the Polymer Processing Aid Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
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Polymer Processing Aid Market Segment Insights:
Polymer Type: polyethylene, polypropylene, and others
Based on the polymer type, the market is segmented as polyethylene, polypropylene, and others. The polyethylene segment is estimated to dominate the market in the coming five years by value and volume. The growth is attributed to the rising employment of HDPE, LLDPE, and LDPE in consumer goods, building & construction, and automotive sectors. The polypropylene segment is projected to depict the highest growth during the forecast period, on account of the escalating demand from packaging industries and building & construction sector.
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Application Type: blown film & cast film, wire & cable and others
Based on the application type, the market is segmented as blown film & cast film, wire & cable, extrusion blow molding, pipe & tube, fibers & raffia, and others. The blown film & cast film application segment is estimated to be the largest segment during the forecast period. The growth is triggered by the rising use of polymer processing aid to manufacture blown films & cast films to substantiate the mounting demand for elevated quality salubrious films in the regions of China, Japan, India, and South Korea.
A highly/moderately/fragment consolidated Market
Some of the major players in the polymer processing aid market are The 3M Company, A. Schulman, Inc., Arkema SA, Clariant AG, Daikin America, Inc., Micro-Epsilon Messtechnik GmbH & Co. Kg, Polyone Corporation, Tosaf Group, and Wells Plastics Ltd.
Region: Asia-Pacific is expected to be the largest market
In terms of regions, Asia-Pacific is expected to be the largest market for polymer processing aid in the coming five years. China and India are the growth engines of the region. The market is driven by the escalating per capita use of plastics from various end-use industries in the region. North America and Europe are also expected to offer sizeable growth opportunities during the forecast period.
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