Italy Low Profile Additives Market Size & Outlook
Italy low profile additives market, 2018-2030 (US$M)
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Italy low profile additives market highlights
- The Italy low profile additives market generated a revenue of USD 15.4 million in 2023 and is expected to reach USD 24.5 million by 2030.
- The Italy market is expected to grow at a CAGR of 6.9% 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 15.4 million |
| Market revenue in 2030 | USD 24.5 million |
| Growth rate | 6.9% (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, Italy accounted for 2.2% 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 Europe, Germany low profile additives market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 72.2 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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Italy 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 37.66% in 2023. Horizon Databook has segmented the Italy 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.
The low profile additives market in Italy is expected to witness new investments by OEMs in light of increased spending by automotive manufacturers for new components. This is anticipated to boost the consumption of low profile additives in the automotive and industrial machinery industries over the forecast period.
The Italian construction industry is expected to witness growth on account of favorable government policies for foreign direct investment (FDI) in the manufacturing sector. Furthermore, government initiatives for investments in energy and residential & commercial construction projects are expected to fuel the demand for low profile additives over the forecast period.
Moreover, growing demand for recycled plastics across the packaging business in Italy is resulting in the continued development of the packaging industry. Plastics are the preferred form of packaging because they can encompass a wide variety of packaging needs, including electronic components.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy low profile additives market , including forecasts for subscribers. This country databook contains high-level insights into Italy low profile additives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy low profile additives market size, by product, 2018-2030 (US$M)
Italy Low Profile Additives Market Outlook Share, 2023 & 2030 (US$M)
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