UK Low Profile Additives Market Size & Outlook, 2023-2030
UK low profile additives market, 2018-2030 (US$M)
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UK low profile additives market highlights
- The UK low profile additives market generated a revenue of USD 18.0 million in 2023 and is expected to reach USD 29.8 million by 2030.
- The UK market is expected to grow at a CAGR of 7.5% 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 18.0 million |
| Market revenue in 2030 | USD 29.8 million |
| Growth rate | 7.5% (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, UK accounted for 2.5% 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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UK 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 37.22% in 2023. Horizon Databook has segmented the UK 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 growing use of low profile additives in compounding processes, such as pultrusion and RTM, owing to their advantageous properties, such as low shrinkage and surface finish, is expected to drive the market over the forecast period. The country is engaged in the production of substantial quantities of plastic raw materials. Some of the key players, such as BASF SE, ColorMatrix, and ExxonMobil Chemical Ltd, produce additives to increase the utility of plastics in different end-use industries.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK low profile additives market , including forecasts for subscribers. This country databook contains high-level insights into UK low profile additives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK low profile additives market size, by product, 2018-2030 (US$M)
UK Low Profile Additives Market Outlook Share, 2023 & 2030 (US$M)
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