Global Polymer Processing Aid Market Size, Share, Opportunities, And Trends By Polymer Type (Polyethylene, LLDPE, LDPE, HDPE, Polypropylene, Others), By Application (Blown Film And Cast Film, Wire And Cable, Extrusion Blow Molding, Fibers And Raffia, Pipe And Tube, Others), By End-User Industry (Packaging, Construction, Transportation, Textiles, IT And Telecommunications, Others), And By Geography - Forecasts From 2024 To 2029

  • Published : Jul 2024
  • Report Code : KSI061617004
  • Pages : 143

The global polymer processing aid market is anticipated to grow at a CAGR of 5.32% during the forecast period (2024-2029).

Polymer processing aids, also known as plasticizers, are incorporated into the parent polymer to enhance the processability and properties of the material during processing and improve the final product. PPAs enhance the melt processability and handleability of polymers and, at the same time, contribute to achieving a better appearance of the final part, as flow markings and die lines are eliminated.

PPAs are commonly incorporated as additives and high-temperature lubricants, both internal and exterior. One of the most important objectives of their use is to minimize the resistance offered by the polymer when it is in the molten state or phase. It ensures streamlined flow in metal production processes by modifying flow characteristics such as viscosity. Internal processing aids enhance polymer flow characteristics by minimizing friction inside the polymer mix. External processing aids migrate to the polymer's surface to minimize friction between the plastic and the metal production equipment, allowing the melt to pass through the die or mold more readily and without sticking. Internal and external PPAs might work together to accomplish the appropriate processing characteristics.

Polymer processing aids are utilized in various applications, including blown and cast film production, pipe and sheet extrusion, blow molding, and compounding. These aids are extremely effective in the manufacturing of high-viscosity, high molecular-weight polymers such as LDPE, LLDPE, LDPE, HDPE, PP, PS, and others. They may be found in many goods, including plastic bottles, construction pipes, and films. PPAs benefit considerably, even at extremely low addition rates in the parts per million (ppm) range.

Many businesses have developed several PPAs, which are fluoropolymer-based additives intended to improve productivity and quality during the extrusion of PE products (films, profiles). These next-generation PPAs, based on novel fluoro-elastomer chemistry, provide decreased prices, lamination, surface protection, and cost management for logistics during shipping.

GLOBAL POLYMER PROCESSING AID MARKET DRIVERS:

  • Product innovation in the polymer processing aid industry transforms production by increasing polymer compatibility, boosting processing efficiency, and lowering environmental impact. These findings facilitate the creation of new and superior materials that work efficiently in various industries, focusing on packaging, automotive, and construction. For instance, the Arkema Polymer Processing Aids (PPA) is a high-efficiency product that enhances thermoplastic resin extrusion and recycling. Arkema polymer processing aids can be used in any polyolefin resin, including LLDPE, LDPE, MDPE, HDPE, and PP.

DAIKIN PPA Polymer processing aids are designed for blown and cast film extrusion. However, they may also be utilized in wire and cable extrusion, sheet and pipe extrusion, blow molding, and fiber manufacturing. DAIKIN PPAs are intended for usage with LLDPE, MLLDPE, HDPE, PEX, PP, PET, PBT, and PA. Its benefits include less melt fracture, enhanced gloss, fewer gels, less die buildup, faster color changes, lower die pressure, lower extrusion temperature, and overall increased productivity and quality.

Another example is 3M Dynamar Polymer Processing Additives, which offers improved quality and production for various extruded goods, including plastic bottles and bags, pipe, cable, and artificial grass. Dynamar PPAs are effective at low levels (100-1000 ppm), reducing typical processing difficulties such as die build-up and melt fracture.

Comprehensively, innovative polymer processing aids are utilized to fulfill and anticipate market growth by bringing eco-friendly solutions and optimizing production processes, resulting in increased industry development and competitiveness.

  • In the packaging sector, polymer processing aids are crucial for improving the manufacturing process of various packaging materials such as films, bottles, and containers. They enhance polymer melt flow, lower processing temperatures, and eliminate surface defects, increasing production efficiency and product quality. According to the International Trade Administration, packaging material production accounted for 1.8% of Mexico's overall GDP in 2022. The packing machinery sector in the nation offers American exporters more favorable conditions because its technology is advanced. Further, PPMI (Packaging Machinery Manufacturers Institute) highlighted the fact, which demonstrated that Mexico is another large importer of packaging equipment, and the country ranks third after Germany and Italy.

Globally, the packaging business has established itself as one of the fastest-expanding industries. The sector was valued at over US$917 billion in 2019 and is expected to increase at a CAGR of 2.8% to US$1.05 trillion by 2024. Packaging is an emerging scientific and engineering discipline that offers a successful, positive contribution to strategic industries, namely the pharmaceutical and health, fast food, and electronics industries. Packaging is the third biggest industry globally, following the food and energy markets. Moreover, PPAs' significance in enhancing extrusion and blow molding processes makes them essential for creating accurate package designs and satisfying severe regulatory standards.

GLOBAL POLYMER PROCESSING AID MARKET SEGMENT ANALYSIS:

  • Based on the end-user industry, the construction sector is one of the fastest-growing segments.

The polymer processing aids demand remains on an upward trend in construction industries because of the need for higher-performance polymers such as PVC utilized in pipes and profiles. Softening agents have functions that are used to improve melt flow and product quality as required by the industry. These aids offer efficient processing, cost savings, and increased durability in construction applications.

According to the figures from the Canadian Construction Association, the nation’s construction sector contributes approximately USD 151 billion to its economy every year. This stands at roughly 7.4% of Canada’s gross domestic product. Owing to the extensive construction worldwide, the polymer processing aid is widely used. As per the new residential construction statistics stated by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development in April 2024, the number of building permits was 14,40,000, whereas the housing completions were 16,23,000.  The industry's move to polymer-based materials emphasizes the necessity of these tools in delivering improved performance and sustainability in construction projects.

In addition to this, the Secretariat of Infrastructure in the Planning Commission initiates multiple policies to create world-class infrastructure in India. These policies relate to bridges, dams, power, roads, and infrastructure within the urban areas.

  • Asia Pacific's Polymer processing aid market is anticipated to grow significantly.

The Asia Pacific polymer processing aid market is forecasted to grow with the escalating industrialization, urbanization, and infrastructural development, especially in China and India. For such reasons, polymer demand is expected to increase with products used across various sectors, such as packaging, automotive, and construction. Polymer processing aids, or PPAs, are materials that must be incorporated into polymers to enhance their processing, quality, and cost.

As stated by the Packaging Industry Association of India, the India Packaging Industry is likely to be valued at USD 204.81 billion in 2025. The Chinese packaging industry, on the other hand, is expected to register a CAGR of 13.5% by 2025, as stated in Sea Circular.

Another significant factor upsurging the polymer processing aid market is the growth in the textiles industry. According to the Ministry of Commerce and Industry, while reporting the situation of the domestic clothing and textile sector in India, it was revealed that the sector contributed around 2% of India’s GDP and 7% of industry production to the total production value in the fiscal year of 2022. Additionally, India accounted for 4% of the world's textile and clothing trade. Moreover, textiles and apparel accounted for 10.33% of India's entire export basket in 2021-22.

Besides this, the construction sector contributes around 8% of India's GDP and is valued at over USD 126 billion as of 2023. This crucial business is driven by significant infrastructure investments, which have propelled the Indian construction equipment sector to an exceptional annual growth rate of 30%. Technological advancements also encourage the creation of sustainable PPAs, which align with regional emphasis on environmental concerns and regulatory compliance. Overall, these developments position the Asia Pacific region as a significant growth driver in the worldwide polymer processing aids market.

Global Polymer Processing Aid Market Key Developments:

  • In May 2024, Clariant introduced AddWorks PPA, a PFAS-free polymer processing aid product line, and AddWorks PKG 158, a highly effective antioxidant solution with excellent color protection that is specifically intended for polyolefins, including recycled materials.
  • In November 2023, Baerlocher USA, a subsidiary of the Baerlocher Group, a leading global provider of plastic additives, announced the launch of Baerolub AID polymer processing aids (PPAs) to assist clients in transitioning from per- and polyfluoroalkyl substances (PFAS). Baerolub AID PPAs are soluble in the polymer matrix. Hence, they outperform insoluble PFAS-containing PPAs regarding haze and frost line height management.

The global polymer processing aid market is segmented and analyzed as follows:

  • By Polymer Type
    • Polyethylene
    • LLDPE
    • LDPE
    • HDPE
    • Polypropylene
    • Others
  • By Application
    • Blown Film and Cast Film
    • Wire and Cable
    • Extrusion Blow Molding
    • Fibers and Raffia
    • Pipe and Tube
    • Others
  • By End-User Industry
    • Packaging
    • Construction
    • Transportation
    • Textiles
    • IT and Telecommunications
    • Others
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • Europe
      • United Kingdom
      • Germany
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Middle East and Africa
      • Saudi Arabia
      • United Arab Emirates
      • Rest of the Middle East and Africa
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Taiwan
      • Thailand
      • Indonesia
      • Rest of Asia-Pacific

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.1.1. Growing Adoption in Various End-User Industries

4.1.2. Consumer Preferences and Product Innovation

4.2. Market Restraints

4.2.1. Environmental and Sustainability Concerns

4.2.2. Presence of Alternative Materials

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. The Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. GLOBAL POLYMER PROCESSING AID MARKET BY POLYMER TYPE

5.1. Introduction

5.2. Polyethylene

5.2.1. LLDPE

5.2.2. LDPE

5.2.3. HDPE

5.3. Polypropylene

5.4. Others

6. GLOBAL POLYMER PROCESSING AID MARKET BY APPLICATION

6.1. Introduction

6.2. Blown Film and Cast Film

6.3. Wire and Cable

6.4. Extrusion Blow Molding

6.5. Fibers and Raffia

6.6. Pipe and Tube

6.7. Others

7. GLOBAL POLYMER PROCESSING AID MARKET BY END-USER INDUSTRY

7.1. Introduction

7.2. Packaging 

7.3. Construction

7.4. Transportation

7.5. Textiles

7.6. IT and Telecommunications

7.7. Others

8. GLOBAL POLYMER PROCESSING AID MARKET BY GEOGRAPHY

8.1. Global Overview

8.2. North America

8.2.1. United States

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Rest of South America

8.4. Europe

8.4.1. United Kingdom

8.4.2. Germany

8.4.3. France

8.4.4. Italy

8.4.5. Spain

8.4.6. Rest of Europe

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. United Arab Emirates

8.5.3. Rest of Middle East and Africa

8.6. Asia-Pacific

8.6.1. China

8.6.2. India

8.6.3. Japan

8.6.4. South Korea

8.6.5. Taiwan

8.6.6. Thailand

8.6.7. Indonesia

8.6.8. Rest of Asia-Pacific

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES 

10.1. 3M

10.2. BASF SE

10.3. Arkema

10.4. Cargill

10.5. Clariant AG

10.6. Dow

10.7. Ampacet Corporation

10.8. Avient Corporation

10.9. Amcor Plastics

10.10. Daikin Chemicals

10.11. Evonik Industries

10.12. Fine Organics Industries Limited

10.13. Tosaf Compounds Ltd.

10.14. Hannotech Co., Ltd.

10.15. Guangzhou Shine Polymer Technology Co., Ltd. 


3M

BASF SE

Arkema

Cargill

Clariant AG

Dow

Ampacet Corporation

Avient Corporation

Amcor Plastics

Daikin Chemicals

Evonik Industries

Fine Organics Industries Limited

Tosaf Compounds Ltd.

Hannotech Co., Ltd.

 

Guangzhou Shine Polymer Technology Co., Ltd. 


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