North America Low Profile Additives Market: By Product Type (PVA, PMMA, Polystyrene, and Others), By Application (SMC/BMC, Resin Transfer Molding, Pultrusion, and Others), and Country (U.S and Canada)  

North America Low Profile Additives Market Report Description: North America low profile additives market report gives comprehensive outlook on low profile additives market across the region with special emphasis on key countries of North America such as U.S and Canada. The report on North America low profile additives market gives historical, current, and future market sizes (US$ Mn) on the basis of product type, application type, and countries. This report studies North America low profile additives market dynamics elaborately to identify the current market trends and drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, North America low profile additives market report includes competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed North America low profile additives market to better equip clients with possible investment opportunities across the countries and market unmet needs (Product Opportunities). Key stakeholders of the North America low profile additives market report include suppliers, manufacturers, marketers, policy makers, and agronomists engaged in North America low profile additives market activities.

North America Low Profile Additives Market:

The North America low profile additives market estimated to be valued US$ XX Mn in 2018 and poised to grow at significant CAGR over 2019-2025. Market for North America low profile additives projected to reach US$ XX Mn by 2025 due to rising demand for low profile additives from electrical industry and rapid urbanization.

Development and Launch of New Low Profile Additives: 

Development and launch of innovative low profile additives by the market players enables surge in the low profile additives market demand over the forecast years. For instance. In 2018, Aliancys (Italy) launched the new low profile additives which has a wide range of application. Moreover, Launch of newer products in various countries enables the growth of low profile additives market over the forecast years.

PVA Segment Expected to Dominate the Market:

Based on type of product, the North America low profile additives market is segmented into PVA, PMMA, Polystyrene and others. PVA segment is expected to dominate the market due to its special characteristics such as solubility. Increased demand of PVA from electrical industries will also create a demand for the growth of the market.  

U.S Accounts for Larger Market Revenue Share in North America Low Profile Additives Market:

North America low profile additives market report analyses the market in different countries of North America. U.S accounted for major revenue share due to increased application of sheet molded parts in outer parts of the passenger vehicles. Increased supply of raw material in U.S is also expected to dominate the North America Market.  North America low profile additives market is consolidating as large players complementing each others businesses by means of collaborations, agreements and acquisitions. For instance, in August 2018, AOC and Aliancys (Switzerland) signed a merger agreement to create a North America resins group. AOC Aliancys will now supply polyester and vinyl ester resins, gelcoats, and other materials for the composites industry. The merger will bring innovative composite solutions to various industries, North Americaly.