U.S. Low Profile Additives Market Size & Outlook
U.S. low profile additives market, 2018-2030 (US$M)
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U.S. low profile additives market highlights
- The U.S. low profile additives market generated a revenue of USD 91.3 million in 2023 and is expected to reach USD 157.2 million by 2030.
- The U.S. market is expected to grow at a CAGR of 8.1% 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 91.3 million |
| Market revenue in 2030 | USD 157.2 million |
| Growth rate | 8.1% (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, U.S. accounted for 12.9% 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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U.S. 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 37.68% in 2023. Horizon Databook has segmented the U.S. 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.
Growing automotive and construction industry and the presence of a large number of raw material suppliers in the region is likely to drive the demand for low profile additives over the forecast period.
Rising demand for high performance SMC & BMC composite solutions on account of their excellent features including strength & stiffness, weight reduction, low emission, electrical performance, and thermal resistance are anticipated to propel the demand for low profile additives over the forecast period.
Moreover, non-residential construction sector such as office, commercial, and healthcare registered a rise of 0.1% in September 2023, compared to the previous month. Such growth trends are expected to drive construction sector growth in the region, which is anticipated to propel the demand for low profile additives over the forecast period.
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Our clientele includes a mix of low profile additives market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. low profile additives market , including forecasts for subscribers. This country databook contains high-level insights into U.S. low profile additives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. low profile additives market size, by product, 2018-2030 (US$M)
U.S. Low Profile Additives Market Outlook Share, 2023 & 2030 (US$M)
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