Acrylic Processing Aid Market: Steady Growth Fueled by Rising PVC Demand

Acrylic processing aid is an additive used in the manufacturing of thermoplastic materials, particularly polymers like PVC (polyvinyl chloride). Its primary purpose is to improve the processability and performance of these materials during various stages of production, such as extrusion and injection molding. Acrylic processing aids are typically added in small quantities to the polymer formulation.?

The acrylic processing aid market is projected to reach USD 842 million by 2025, at a CAGR of 6.8%.?

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The key functions and benefits of acrylic processing aids include:

• Melt Flow Enhancement: Acrylic processing aids can lower the viscosity of the polymer melt, making it easier to process and improving its flow properties. This results in smoother and more consistent product extrusion or molding.
• Fusion Promotion: These additives help in promoting the fusion and bonding of different polymer chains, leading to better cohesion between layers and enhancing the overall strength and quality of the final product.
• Surface Finish: Acrylic processing aids can improve the surface finish of the manufactured product by reducing surface defects like melt fracture, die lines, and other imperfections.
• Reduced Processing Temperature: By lowering the processing temperature, acrylic processing aids contribute to energy savings during production while also preventing thermal degradation of the polymer.
• Improved Impact Resistance: In PVC formulations, acrylic processing aids can enhance the impact resistance and toughness of the final product.

Acrylic Processing Aid is an innovative technique to enhance the quality of plastics. Different fabrication processes such as extrusion and injection molding are used to process plastic material with acrylic processing aid. The acrylic processing aid-based polyvinyl chloride (PVC) plays a major role in manufacturing strong, flexible, durable, and cost-effective plastics.

"PVC is the largest polymer type segment"

PVC is a synthetic resin, which is made from the polymerization of vinyl chloride. It has an amorphous structure with polar chlorine atoms and possesses fire retarding properties, durability, and oil & chemical resistance. It is an odorless and solid plastic, mainly used in automobile instrument panels, and sheathing of electrical cables, pipes, and doors. PVC provides flexibility that is helpful in making modern automobiles cost-effective, safe, and of high quality. The composition of this material varies depending on requirements of various grades. It also helps in reducing the weight of vehicles because of its lightweight components in comparison to other materials. Most the PVC resins are fabricated through extrusion, injection molding, thermoforming, calendaring, and blow molding to produce PVC products. This process requires a small amount of Acrylic Processing Aid during fabrication, depending on the type of application; for example, manufacturing PVC pipes and window components requires less than 1.5 kg of Acrylic Processing Aid for 100 kg of PVC resin.

"Extrusion is projected to be the fastest-growing fabrication process"

This high growth is backed by the increasing use of acrylic processing aid to produce hollow tubes, pipes, sheets, and films. The recent trend in producing smaller packages with plastics and growing flexible packaging in the hygiene and pharma sector has resulted the growth of extrusion processes and demand for acrylic processing aid. Extrusion is used to process high volume of plastics. The pellets, granules, flakes, or powders are fed into the extrusion machine and melted under high temperatures (depending on the type of plastic to be extruded). Single & twin-screw extrusion and die extrusion are the two main types of extrusion techniques. Single & twin extrusion technique is used for the melting and pumping of plastic materials, while die extrusion technique is used for the production of different plastic products, such as pipes, sheet, tubing, and films. Several types of extrusion processes are used for processing plastic materials into finished products.

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"APAC projected to be a fastest growing region"

Asia-Pacific is projected to be the largest acrylic processing aid market. The dominance of this region in the global market is attributed to rising demand from developing countries such as Taiwan, India, and China for infrastructure development, which is one of the major drivers of the market. The increased consumption of acrylic processing aid for fabricating plastic materials in the region has led to the expansion of plastic manufacturing plants. The acrylic processing aid market in Asia-Pacific is projected to register the highest CAGR in terms of value, between the forecasted period.

The key market players profiled in the report include Mitsubishi Chemical America (Japan), 阿科玛 SA (France), 山东瑞丰高分子材料股份有限公司 (China), Akdeniz Chemson (Turkey), 陶氏化学 Chemical Company (US), Kaneka North America (Japan), WSD Chemical Limited (China), Indofil Industries Limited (India), Shandong Novista Chemicals(Novista Group) (China) and others.