Canada Low Profile Additives Market Size & Outlook
Canada low profile additives market, 2018-2030 (US$M)
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Canada low profile additives market highlights
- The Canada low profile additives market generated a revenue of USD 9.4 million in 2023 and is expected to reach USD 14.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 6% from 2024 to 2030.
- In terms of segment, polyvinyl acetate (pvac) was the largest revenue generating product in 2023.
- Polyvinyl Acetate (PVAc) is the most lucrative product segment registering the fastest growth during the forecast period.
Low profile additives market data book summary
| Market revenue in 2023 | USD 9.4 million |
| Market revenue in 2030 | USD 14.1 million |
| Growth rate | 6% (CAGR from 2023 to 2030) |
| Largest segment | Polyvinyl acetate (pvac) |
| Fastest growing segment | Polyvinyl Acetate (PVAc) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyvinyl Acetate (PVAc), Polymethyl methacrylate (PMMA), Polystyrene, Polyurethane, High Density Polyethylene |
| Key market players worldwide | Wacker Chemie AG, INEOS, Perfect Moment Ltd, Basf SE, Altana AI, Polychem Corporation, LyondellBasell Industries NV Class A, Imax Corp, Synthomer PLC, Advantagewon Oil Corp, NOF Corp |
Other key industry trends
- In terms of revenue, Canada accounted for 1.3% of the global low profile additives market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. low profile additives market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 157.2 million by 2030.
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Low Profile Additives Market Scope
Low Profile Additives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada low profile additives market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to low profile additives market will help companies and investors design strategic landscapes.
Polyvinyl acetate (pvac) was the largest segment with a revenue share of 37.23% in 2023. Horizon Databook has segmented the Canada low profile additives market based on polyvinyl acetate (pvac), polymethyl methacrylate (pmma), polystyrene, polyurethane, high density polyethylene covering the revenue growth of each sub-segment from 2018 to 2030.
Low profile additives offer several advantages to the product including pigmentation and anti-shrinkage, making it suitable for several industries including building & construction. Increasing investments by the Canadian government in infrastructure development are anticipated to boost the growth of the construction industry for both residential and commercial spaces.
Thereby augmenting the demand for low profile additives for applications such as pultrusion, SMC/BMC, and resin transfer molding in construction activities. The production of automobiles is expected to increase over the forecast period owing to the emergence of electric vehicles, technological advancements in battery technology, and automation.
which are changing the face of automobile manufacturing. In addition, the strengthening Canadian dollar has led to an increase in the purchasing power of consumers. These factors are likely to boost the demand for low profile additives in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada low profile additives market , including forecasts for subscribers. This country databook contains high-level insights into Canada low profile additives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada low profile additives market size, by product, 2018-2030 (US$M)
Canada Low Profile Additives Market Outlook Share, 2023 & 2030 (US$M)
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