HOME Top Market Reports Acrylic Processing Aid Market by Polymer Type (PVC), Fabrication Process (Extrusion, Injection Molding), End-Use Industry (Building & Construction, Packaging, Automotive, Consumer Goods) - Global Forecast to 2026

Acrylic Processing Aid Market by Polymer Type (PVC), Fabrication Process (Extrusion, Injection Molding), End-Use Industry (Building & Construction, Packaging, Automotive, Consumer Goods) - Global Forecast to 2026

By: marketsandmarkets.com
Publishing Date: December 2016
Report Code: CH 4802

 

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The global acrylic processing aid (APA) market size was USD 645.4 Million in 2016, and is projected to reach USD 1,173.6 Million by 2026, registering a CAGR of 6.2% between 2016 and 2026. In this report, 2015 is considered as the base year and the forecast period is between 2016 and 2026.

The objectives of this study are:

  • To define, describe, and analyze the global APA market by polymer type, fabrication process, end-use industry, and region
  • To forecast and analyze the market size (in terms of volume and value) and different submarkets for five regions Asia-Pacific, Europe, North America, Middle East & Africa, and South America
  • To forecast and analyze the market at country level for each region
  • To strategically analyze each submarket with respect to individual growth trends and its contribution to the global APA market
  • To analyze opportunities in the market for the stakeholders by identifying high-growth segments of the APA market
  • To identify significant market trends and factors that are driving or inhibiting growth of the market and its submarkets
  • To analyze competitive developments, such as new products launches, mergers & acquisitions, and agreements in the APA market
  • To strategically profile the key market players and comprehensively analyze their growth strategies

This technical, market-oriented, and commercial research study of the APA market involves extensive use of secondary sources, directories, and databases (such as Hoovers, Bloomberg BusinessWeek, and Factiva) to identify and collect information. The primary sources mainly include several industry experts from core and related industries and preferred suppliers, manufacturers, distributors, service providers, and organizations related to all segments of the industry’s supply chain. After arriving at the overall market size, the total market has been split into several segments and subsegments. The figure below illustrates the breakdown of the primary interviews based on company type, designation, and region conducted during the research study:

Acrylic Processing Aid Market

To know about the assumptions considered for the study, download the pdf brochure

The APA value chain includes raw material manufacturers such as LG Chem Ltd. (Korea), Kaneka Corporation (Japan), Arkema SA (France), The Dow Chemical Company (U.S.), Mitsubishi Rayon Co., Ltd. (Japan), 3M Company (U.S.), BASF SE (Germany), Shandong Ruifeng Chemical Co. Ltd (China), Akdeniz Kimya A.S. (Turkey), and Shandong Rike Chemicals Co., Ltd. (China). The products manufactured by these companies are used by end-use industries such as building & construction, packaging, consumer goods, and automotive.

The target audiences for the APA market report are as follows:

  • APA Manufacturers
  • APA Suppliers
  • Raw Material Suppliers
  • Service Providers
  • End Users such as Building & Construction, Packaging, Automotive, and Consumer Goods
  • Government Bodies

Scope of the Report

This report categorizes the global market of APA on the basis of polymer type, fabrication process, end-use industry, and region.

APA Market, By Polymer Type:

  • PVC
  • Others

APA Market, By Fabrication Process:

  • Extrusion
  • Injection Molding
  • Others

APA Market, By End-use Industry:

  • Building & Construction
  • Packaging
  • Consumer Goods
  • Automotive
  • Others

APA Market, By Region:

  • Asia-Pacific
  • North America
  • Europe
  • Middle East & Africa
  • South America

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options (not limited to) are available for the report:

Regional Analysis

  • Further breakdown of a region with respect to a particular country, additional application, and/or type

Country Information

  • Additional country information (up to five)

Company Information

  • Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of The Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Years Considered for The Study
    1.4 Currency
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Data Triangulation
    2.4 Research Assumptions
           2.4.1 Assumptions

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 33)
    4.1 Significant Opportunities in APA Market
    4.2 Asia-Pacific to Register The Highest CAGR in APA Market
    4.3 APA Market, By Polymer Type
    4.4 APA Market, By Fabrication Process
    4.5 APA Market in Asia-Pacific, By Country and End-Use Industry, 2015
    4.6 APA Market Attractiveness
    4.7 APA Market, By End-Use Industry and Region

5 Market Overview (Page No. - 37)
    5.1 Introduction
    5.2 Market Segmentation
    5.3 Market Dynamics
           5.3.1 Impact Analysis for Short, Medium, and Long Term
           5.3.2 Drivers
                    5.3.2.1 Need for Cost-Effective Aid for Manufacturing Plastic Products
                    5.3.2.2 High Demand for APA-Based PVC in End-Use Applications
           5.3.3 Restraints
                    5.3.3.1 Less R&D Expenditure in Emerging Markets
           5.3.4 Opportunities
                    5.3.4.1 Increasing Demand From Building & Construction and Automotive Applications

6 Industry Trends (Page No. - 42)
    6.1 Introduction
    6.2 Value Chain Analysis
           6.2.1 Raw Material
           6.2.2 Fabrication Process and Polymer
           6.2.3 Distribution Network
           6.2.4 End-Use Industries
    6.3 Porter’s Five Forces Analysis
           6.3.1 Threat of New Entrants
           6.3.2 Threat of Substitutes
           6.3.3 Bargaining Power of Suppliers
           6.3.4 Bargaining Power of Buyers
           6.3.5 Intensity of Competitive Rivalry
    6.4 Macroeconomic Indicators
           6.4.1 Industry Outlook
                    6.4.1.1 Packaging
                    6.4.1.2 Automotive
                    6.4.1.3 Construction

7 APA Market, By Polymer Type (Page No. - 51)
    7.1 Introduction
    7.2 Market Size Estimation
    7.3 Polyvinyl Chloride
           7.3.1 Flexible PVC
           7.3.2 Rigid PVC
    7.4 Others
           7.4.1 Acrylonitrile-Butadiene-Styrene
           7.4.2 Polycarbonates
           7.4.3 Poly Methyl-Methacrylate
           7.4.4 Polystyrene

8 APA Market, By Fabrication Process (Page No. - 58)
    8.1 Introduction
    8.2 Fabrication Process Revenue Pocket Matrix
    8.3 Extrusion
           8.3.1 Sheet & Film
           8.3.2 Tubing
           8.3.3 Blown Film
           8.3.4 Over Jacketing Extrusion
           8.3.5 Coextrusion
           8.3.6 Extrusion Coating
    8.4 Injection Molding
           8.4.1 2K Molding
           8.4.2 Structural Foam Molding
           8.4.3 Gas Assisted Molding
    8.5 Others
           8.5.1 Thermoforming
           8.5.2 Calendering

9 APA Market, By End-Use Industry (Page No. - 68)
    9.1 Introduction
    9.2 Revenue Pocket Matrix
    9.3 Building & Construction
           9.3.1 Pipes & Fittings
           9.3.2 Doors and Windows
           9.3.3 Sidings
           9.3.4 Fences & Fenestration
    9.4 Packaging
           9.4.1 Rigid Film
           9.4.2 Flexible Film
           9.4.3 Cling Film
    9.5 Consumer Goods
           9.5.1 Furniture
           9.5.2 Footwear
           9.5.3 Smart Cards
    9.6 Automotive
           9.6.1 Interior
           9.6.2 Exterior
    9.7 Others

10 APA Market, By Region (Page No. - 81)
     10.1 Introduction
     10.2 Asia-Pacific
             10.2.1 China
             10.2.2 Japan
             10.2.3 Taiwan
             10.2.4 India
             10.2.5 South Korea
             10.2.6 Indonesia
             10.2.7 Australia & New Zealand
     10.3 Europe
             10.3.1 Germany
             10.3.2 Italy
             10.3.3 France
             10.3.4 Spain
             10.3.5 U.K.
     10.4 North America
             10.4.1 U.S.
             10.4.2 Mexico
             10.4.3 Canada
     10.5 Middle East & Africa
             10.5.1 Saudi Arabia
             10.5.2 Iran
             10.5.3 South Africa
     10.6 South America
             10.6.1 Brazil
             10.6.2 Argentina
             10.6.3 Chile

11 Competitive Landscape (Page No. - 123)
     11.1 Overview
     11.2 Market Share of Major Players
             11.2.1 LG Chem Ltd.
             11.2.2 Arkema SA
             11.2.3 Kaneka Corporation
             11.2.4 Mitsubishi Rayon Co., Ltd.
             11.2.5 Chinese Manufacturers
     11.3 Competitive Benchmarking
     11.4 Competitive Situations and Trends
             11.4.1 New Product Launch
             11.4.2 Agreement
             11.4.3 Merger & Acquisition

12 Company Profiles (Page No. - 128)
(Overview, Products and Services, Financials, Strategy & Development)*
     12.1 LG Chem Ltd.
     12.2 Kaneka Corporation
     12.3 Arkema SA
     12.4 The DOW Chemical Company
     12.5 Mitsubishi Rayon Co., Ltd.
     12.6 3M Company
     12.7 BASF SE
     12.8 Shandong Ruifeng Chemical Co. Ltd.
     12.9 Akdeniz Kimya A.S.
     12.10 Shandong Rike Chemicals Co., Ltd.
     12.11 Other Key Market Players

*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies

13 Appendix (Page No. - 144)
     13.1 Insights From Industry Experts
     13.2 Discussion Guide
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.4 Introducing RT: Real-Time Market Intelligence
     13.5 Available Customizations
     13.6 Related Reports
     13.7 Author Details


List of Tables (105 Tables)

Table 1 APA Market, By Polymer Type
Table 2 APA Market, By Fabrication Process
Table 3 APA Market, By End-Use Industry
Table 4 APA Market Size, By Polymer Type, 2014–2026 (USD Million)
Table 5 APA Market Size, By Polymer Type, 2014–2026 (Kiloton)
Table 6 PVC Market Size, By Region, 2014–2026 (USD Million)
Table 7 PVC Market Size, By Region, 2014–2026 (Kiloton)
Table 8 Other Polymer Type Market Size, By Region, 2014–2026 (USD Million)
Table 9 Other Polymer Type Market Size, By Region, 2014–2026 (Kiloton)
Table 10 APA Market Size, By Fabrication Process, 2014–2026 (USD Million)
Table 11 APA Market Size, By Fabrication Process, 2014–2026 (Kiloton)
Table 12 APA Market Size in Extrusion Fabrication Process, By Region, 2014–2026 (USD Million)
Table 13 APA Market Size in Extrusion Fabrication Process, By Region, 2014–2026 (Kiloton)
Table 14 APA Market Size in Injection Molding Fabrication Process, By Region, 2014–2026 (USD Million)
Table 15 APA Market Size in Injection Molding Fabrication Process, By Region, 2014–2026 (Kiloton)
Table 16 APA Market Size in Other Fabrication Process, By Region, 2014–2026 (USD Million)
Table 17 APA Market Size in Other Fabrication Process, By Region, 2014–2026 (Kiloton)
Table 18 APA Market Size, By End-Use Industry, 2014–2026 (USD Million)
Table 19 APA Market Size, By End-Use Industry, 2014–2026 (Kiloton)
Table 20 APA Market Size in Building & Construction Industry, By Region, 2014–2026 (USD Million)
Table 21 APA Market Size in Building & Construction Industry, By Region, 2014–2026 (Kiloton)
Table 22 APA Market Size in Packaging Industry, By Region, 2014–2026 (USD Million)
Table 23 APA Market Size in Packaging Industry, By Region, 2014–2026 (Kiloton)
Table 24 APA Market Size in Consumer Goods Industry, By Region, 2014–2026 (USD Million)
Table 25 APA Market Size in Consumer Goods Industry, By Region, 2014–2026 (Kiloton)
Table 26 APA Market Size in Automotive Industry, By Region, 2014–2026 (USD Million)
Table 27 APA Market Size in Automotive Industry, By Region, 2014–2026 (Kiloton)
Table 28 APA Market Size in Other End-Use Industries, By Region, 2014–2026 (USD Million)
Table 29 APA Market Size in Other End-Use Industries, By Region, 2014–2026 (Kiloton)
Table 30 APA Market Size, By Region, 2014–2026 (USD Million)
Table 31 APA Market Size, By Region, 2014–2026 (Kiloton)
Table 32 Asia-Pacific: APA Market Size, By Country, 2014–2026 (USD Million)
Table 33 Asia-Pacific: APA Market Size, By Country, 2014–2026 (Kiloton)
Table 34 Asia-Pacific: APA Market Size, By Polymer Type, 2014–2026 (USD Million)
Table 35 Asia-Pacific: APA Market Size, By Polymer Type, 2014–2026 (Kiloton)
Table 36 Asia-Pacific: APA Market Size, By Fabrication Process, 2014–2026 (USD Million)
Table 37 Asia-Pacific: APA Market Size, By Fabrication Process, 2014–2026 (Kiloton)
Table 38 Asia-Pacific: APA Market Size, By End-Use Industry, 2014–2026 (USD Million)
Table 39 Asia-Pacific: APA Market Size, By End-Use Industry, 2014–2026 (Kiloton)
Table 40 China: APA Market Size, By End-Use Industry, 2014–2026 (USD Million)
Table 41 China: APA Market Size, By End-Use Industry, 2014–2026 (Kiloton)
Table 42 Japan: APA Market Size, By End-Use Industry, 2014–2026 (USD Million)
Table 43 Japan: APA Market Size, By End-Use Industry, 2014–2026 (Kiloton)
Table 44 Taiwan: APA Market Size, By End-Use Industry, 2014–2026 (USD Million)
Table 45 Taiwan: APA Market Size, By End-Use Industry, 2014–2026 (Kiloton)
Table 46 Europe: APA Market Size, By Country, 2014–2026 (USD Million)
Table 47 Europe: APA Market Size, By Country, 2014–2026 (Kiloton)
Table 48 Europe: APA Market Size, By Polymer Type, 2014–2026 (USD Million)
Table 49 Europe: APA Market Size, By Polymer Type, 2014–2026 (Kiloton)
Table 50 Europe: APA Market Size, By Fabrication Process, 2014–2026 (USD Million)
Table 51 Europe: APA Market Size, By Fabrication Process, 2014–2026 (Kiloton)
Table 52 Europe: APA Market Size, By End-Use Industry, 2014–2026 (USD Million)
Table 53 Europe: APA Market Size, By End-Use Industry, 2014–2026 (Kiloton)
Table 54 Germany: APA Market Size, By End-Use Industry, 2014–2026 (USD Million)
Table 55 Germany: APA Market Size, By End-Use Industry, 2014–2026 (Kiloton)
Table 56 Italy: APA Market Size, By End-Use Industry, 2014–2026 (USD Million)
Table 57 Italy: APA Market Size, By End-Use Industry, 2014–2026 (Kiloton)
Table 58 France: APA Market Size, By End-Use Industry, 2014–2026 (USD Million)
Table 59 France: APA Market Size, By End-Use Industry, 2014–2026 (Kiloton)
Table 60 North America: APA Market Size, By Country, 2014–2026 (USD Million)
Table 61 North America: APA Market Size, By Country, 2014–2026 (Kiloton)
Table 62 North America: APA Market Size, By Polymer Type, 2014–2026 (USD Million)
Table 63 North America: APA Market Size, By Polymer Type, 2014–2026 (Kiloton)
Table 64 North America: APA Market Size, By Fabrication Process, 2014–2026 (USD Million)
Table 65 North America: APA Market Size, By Fabrication Process, 2014–2026 (Kiloton)
Table 66 North America: APA Market Size, By End-Use Industry, 2014–2026 (USD Million)
Table 67 North America: APA Market Size, By End-Use Industry, 2014–2026 (Kiloton)
Table 68 U.S.: APA Market Size, By End-Use Industry, 2014–2026 (USD Million)
Table 69 U.S.: APA Market Size, By End-Use Industry, 2014–2026 (Kiloton)
Table 70 Mexico: APA Market Size, By End-Use Industry, 2014–2026 (USD Million)
Table 71 Mexico: APA Market Size, By End-Use Industry, 2014–2026 (Kiloton)
Table 72 Canada: APA Market Size, By End-Use Industry, 2014–2026 (USD Million)
Table 73 Canada: APA Market Size, By End-Use Industry, 2014–2026 (Kiloton)
Table 74 Middle East & Africa: APA Market Size, By Country, 2014–2026 (USD Million)
Table 75 Middle East & Africa: APA Market Size, By Country, 2014–2026 (Kiloton)
Table 76 Middle East & Africa: APA Market Size, By Polymer Type, 2014–2026 (USD Million)
Table 77 Middle East & Africa: APA Market Size, By Polymer Type, 2014–2026 (Kiloton)
Table 78 Middle East & Africa: APA Market Size, By Fabrication Process, 2014–2026 (USD Million)
Table 79 Middle East & Africa: APA Market Size, By Fabrication Process, 2014–2026 (Kiloton)
Table 80 Middle East & Africa: APA Market Size, By End-Use Industry, 2014–2026 (USD Million)
Table 81 Middle East & Africa: APA Market Size, By End-Use Industry, 2014–2026 (Kiloton)
Table 82 Saudi Arabia: APA Market Size, By End-Use Industry, 2014–2026 (USD Million)
Table 83 Saudi Arabia: APA Market Size, By End-Use Industry, 2014–2026 (Kiloton)
Table 84 Iran: APA Market Size, By End-Use Industry, 2014–2026 (USD Million)
Table 85 Iran: APA Market Size, By End-Use Industry, 2014–2026 (Kiloton)
Table 86 South Africa: APA Market Size, By End-Use Industry, 2014–2026 (USD Million)
Table 87 South Africa: APA Market Size, By End-Use Industry, 2014–2026 (Kiloton)
Table 88 South America: APA Market Size, By Country, 2014–2026 (USD Million)
Table 89 South America: APA Market Size, By Country, 2014–2026 (Kiloton)
Table 90 South America: APA Market Size, By Polymer Type, 2014–2026 (USD Million)
Table 91 South America: APA Market Size, By Polymer Type, 2014–2026 (Kiloton)
Table 92 South America: APA Market Size, By Fabrication Process, 2014–2026 (USD Million)
Table 93 South America: APA Market Size, By Fabrication Process, 2014–2026 (Kiloton)
Table 94 South America: APA Market Size, By End-Use Industry, 2014–2026 (USD Million)
Table 95 South America: APA Market Size, By End-Use Industry, 2014–2026 (Kiloton)
Table 96 Brazil: APA Market Size, By End-Use Industry, 2014–2026 (USD Million)
Table 97 Brazil: APA Market Size, By End-Use Industry, 2014–2026 (Kiloton)
Table 98 Argentina: APA Market Size, By End-Use Industry, 2014–2026 (USD Million)
Table 99 Argentina: APA Market Size, By End-Use Industry, 2014–2026 (Kiloton)
Table 100 Chile: APA Market Size, By End-Use Industry, 2014–2026 (USD Million)
Table 101 Chile: APA Market Size, By End-Use Industry, 2014–2026 (Kiloton)
Table 102 Brand Influence on APA Market
Table 103 New Product Launches, 2014–2016
Table 104 Agreements, 2014–2016
Table 105 Mergers & Acquisitions, 2014–2016


List of Figures (58 Figures)

Figure 1 APA Market: Research Design
Figure 2 Market Size Estimation: Bottom-Up Approach
Figure 3 Market Size Estimation: Top-Down Approach
Figure 4 APA Market: Data Triangulation
Figure 5 PVC to Be The Largest Polymer Type in APA Market Between 2016 and 2021
Figure 6 Extrusion to Be The Largest Fabrication Process Between 2016 and 2021
Figure 7 Building & Construction to Be The Largest End-Use Industry Between 2016 and 2021
Figure 8 Asia-Pacific to Be The Fastest-Growing APA Market Between 2016 and 2021
Figure 9 APA Market to Register High CAGR Between 2016 and 2021
Figure 10 Asia-Pacific to Be The Key Market for APA Between 2016 and 2021
Figure 11 PVC to Account for The Highest CAGR in APA Market Between 2016 and 2021
Figure 12 Extrusion to Account for The Largest Share in APA Market Between 2016 and 2021
Figure 13 APA Market in Asia-Pacific: Building & Construction Accounted for The Largest Share in 2015
Figure 14 Asia-Pacific to Be The Fastest-Growing Market for APA Between 2016 and 2021
Figure 15 Building & Construction Industry Accounted for Major Share in APA Market in 2015
Figure 16 APA Market, By Region
Figure 17 Overview of Factors Governing APA Market
Figure 18 Value Chain of APA Market
Figure 19 Porter’s Five Forces Analysis
Figure 20 Packaging Industry, By Region
Figure 21 Packaging Industry, By End User
Figure 22 Vehicles Production, By Region, 2015
Figure 23 Construction Industry Growth Rate, 2014
Figure 24 PVC to Dominate APA Market Between 2016 and 2021
Figure 25 Asia-Pacific to Be The Largest Market for PVC Between 2016 and 2021
Figure 26 Europe to Be The Second-Largest Market for Other Polymer Type Between 2016 and 2021
Figure 27 Extrusion Fabrication Process to Dominate APA Market Between 2016 and 2021
Figure 28 Revenue Pocket Matrix: By Fabrication Process
Figure 29 Asia-Pacific to Be The Largest Market for APA in Extrusion Between 2016 and 2021
Figure 30 Europe to Be The Second-Largest Market for APA in Injection Molding Process Between 2016 and 2021
Figure 31 Asia-Pacific to Dominate APA Market in Other Fabrication Process Between 2016 and 2021
Figure 32 Building & Construction to Dominate APA Market Between 2016 and 2021
Figure 33 Revenue Pocket Matrix, By End-Use Industry
Figure 34 Asia-Pacific to Be The Largest Market for APA in Building & Construction Industry Between 2016 and 2021
Figure 35 Europe to Be The Second-Largest Market for APA in Packaging Industry Between 2016 and 2021
Figure 36 Asia-Pacific to Be The Largest APA Market in Consumer Goods Industry Between 2016 and 2021
Figure 37 Europe to Be The Second Largest APA Market in Automotive Industry Between 2016 and 2021
Figure 38 Asia-Pacific to Be The Largest APA Market in Other End-Use Industries Between 2016 and 2021
Figure 39 China, Taiwan, and India: Emerging Markets for APA
Figure 40 China Dominates APA Market in Asia-Pacific
Figure 41 India APA Market Size, 2014–2021
Figure 42 South Korea APA Market Size, 2014–2021
Figure 43 Indonesia APA Market Size, 2014–2021
Figure 44 Australia & New Zealand APA Market Size, 2014–2021
Figure 45 Germany to Register The Highest CAGR in European APA Market
Figure 46 Spain APA Market Size, 2014–2021
Figure 47 U.K. APA Market Size, 2014–2021
Figure 48 U.S. Dominates APA Market in North America
Figure 49 New Product Launches: The Most Preferred Growth Strategy Adopted By Key Players
Figure 50 LG Chem Ltd.: The Leading Player in APA Market, 2015
Figure 51 LG Chem Ltd.: Company Snapshot
Figure 52 Kaneka Corporation: Company Snapshot
Figure 53 Arkema SA: Company Snapshot
Figure 54 Arkema SA: SWOT Analysis
Figure 55 The DOW Chemical Company: Company Snapshot
Figure 56 Mitsubishi Rayon Co., Ltd.: Company Snapshot
Figure 57 3M Company: Company Snapshot
Figure 58 BASF SE: Company Snapshot

The global acrylic processing aid (APA) market was USD 645.4 Million in 2016, and is projected to reach USD 1,173.6 Million by 2026, registering a CAGR of 6.2% between 2016 and 2026. The increasing demand for APA based PVC in end-use applications drives the APA market.

The APA market is classified on the basis of polymer type into polyvinylchloride (PVC) and others. PVC dominated the APA market, in 2015 and is projected to be the largest polymer type segment between 2016 and 2026. It provides flexibility which is helpful in making modern automobiles cost-effective, safe, and of high quality. It helps in reducing the weight of vehicles by the lightness of its components in comparison to other materials. PVC is also less expensive as compared to other plastics.

The APA market is classified on the basis of fabrication into extrusion, injection molding, and others. Extrusion is expected to be the fastest-growing fabrication process segment of the APA market between 2016 and 2026. Extrusion is used to process high volume of plastics. The pellets, granules, flakes, or powders are fed into the extrusion machine and melted under high temperature (depending upon the type of plastic to be extruded).

The APA market is segmented on the basis of end-use industry into building & construction, packaging, consumer goods, automotive, and others. The building & construction industry is expected to be the largest and fastest-growing end-use industry for APA between 2016 and 2026. The demand for APA in this industry is expected to increase mainly due to the increasing demand for strong, flexible, chemical & oil resistive, and cost-effective building & construction products such as, pipes, flooring, roofing, windows & doors, containers, trimboard, and others.

The APA market is segmented on the basis of region into Asia-Pacific, Europe, North America, Middle East & Africa, and South America. Currently, Asia-Pacific is the largest market for APA. Asia-Pacific is also projected to be the fastest-growing market between 2016 and 2026. This growth is attributed to the rising demand for plastics of APA in this region.

Acrylic Processing Aid Market

Less R&D in emerging markets for APA is restraining the growth of the market. Some of the key players of the market are LG Chem Ltd. (Korea), Kaneka Corporation (Japan), Arkema SA (France), The Dow Chemical Company (U.S.), Mitsubishi Rayon Co., Ltd. (Japan), 3M Company (U.S.), BASF SE (Germany), Shandong Ruifeng Chemical Co. Ltd (China), Akdeniz Kimya A.S. (Turkey), Shandong Rike Chemicals Co., Ltd. (China), among others. These players compete with each other with respect to prices, and offer wide range of products to meet the market requirements.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

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