Polymer Processing Aid Market Future Challenges and Industry Growth Outlook 2028

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Stratview Research delivers key insights on the global Polymer Processing Aid Market.

The report also covers the Covid impact on the market. Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2021 and an uptrend is witnessed from 2022.

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Market Insights

The Polymer Processing Aid Market was accounted for US$ 730.4 Mn in terms of value in 2021 and is expected to grow at CAGR of 9.0% for the period 2022-2028.

Profiling Key Companies –

Arkema S.A.

Avient Corporation

Daikin Industries, Ltd.

Fine Organic Industries Ltd.

LyondellBasell Industries N.V.

Solvay S.A.

The Chemours Company

The 3M Company

Tosaf Group

Wells Plastics Ltd.

Growth drivers and Market Value:

This report, from Stratview Research, studies the Polymer Processing Aid Market value and growth drivers over the trend period of 2022-27. According to the report -

Steady demand from the relatively unstirred packaging and consumer goods industries proved to be the boat that sailed PPA demand through the pandemic’s waves. A sudden spike in demand for PP and PE masks, medical gowns, and other medical supplies proved to be another factor adding momentum to the market in 2021. The long-term outlook seems fruitful with propitious demand from across industries, pushing the PPA market to an estimated value of US$ 2.3 billion by 2026.

Segment Analysis:

Based on Application Type:

Based on the application type, the market is segmented as blown film cast film, extrusion molding, pipes tubes, fibers raffia, wires cables, and others. The blown film cast film segment is estimated to continue holding the throne during the forecast period. The growth is triggered by the rising use of polymer processing aid to manufacturing blown films cast films to substantiate the mounting demand for quality films especially in China, Japan, India, and South Korea.

Based on Region:

In terms of regions, Asia-Pacific is expected to be the largest market for polymer processing aid in the coming five years, driven by the escalating per capita use of plastics. China and India are likely to remain the thrust-bearers of the region. China has been quite resilient in exerting efforts to acquire PP self-sufficiency and to reduce dependency on PE imports, in an attempt to establish and integrate, indigenous polymer production value chain. North America and Europe are also expected to offer sizeable growth opportunities during the forecast period.

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Covid Impact

This informative research report also includes the most recent global events concerning the coronavirus pandemic. The report provides a detailed analysis of the pandemic's impact and the industry's economic scenario. The report consists of tables, graphs, charts, figures, and diagrams, that are used to graphically represent important statistical information.

  • Appropriate market trend and forecast analysis.
  • All-inclusive report
  • Decent price-performance ratio
  • Reliable data
  • Attractive market segments and associated growth opportunities.

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