What is Anti Scratch additives for polypropylene Market Scope?
These are also known as scratch-resistant polypropylene compounds or anti-scratch compounds. As there has been increasing in the use of plastics and other polymers like polypropylene in the automotive industry because of the stringent regulations that make weight reduction compulsory along with cost-cutting. The premium cars have an additional coating on them which avoids the scratch resistance property and however there is a growing need for anti-scratch addiction in small and medium-sized cars. Polypropylene is being increasingly adopted by the automotive industry which is fuelling the growth of the market. The anti-scratch addictive is mainly modified siloxanes and has advanced properties that are compared to the conventionally-used anti-scratch coatings. These are widely used in the manufacture of dashboards and the door interiors and other automotive parts. There has been also increasing in the use of the anti-scratch additive in consumer products. The electrical and the electronic hardware bodies also have demanded anti-scratch polypropylene. With the growing demand for aesthetics and visual appeal, the demand for the anti-scratch addictive has increased overall increasing the demand for the market.
The Anti Scratch additives for polypropylene market study is being classified by Type (Organic Modified Siloxane, Silicon Oil, Amides and Others), by Application (Automotive, Consumer Goods [Furniture, Toys, Etc.], Electrical And Electronics and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that Vendors from European will contribute to the maximum growth of Global Anti Scratch additives for polypropylene market throughout the predicted period.
Evonik Industries AG (Germany), Croda International Plc (United Kingdom), Clariant (Switzerland), BASF SE (Germany), Wacker Chemie AG (Germany), Dow Corning Corporation (United States), Soltex petroproducts (India), Polyone Corporation (United States) and Monachem (India) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Axalta Polymer Powders (Switzerland) and Michelman, Inc. (United States).
Analyst at AMA have segmented the market study of Global Anti Scratch additives for polypropylene market by Type, Application and Region.
On the basis of geography, the market of Anti Scratch additives for polypropylene has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 5th September 2016, Croda International Plc had launched its new products in its Anti-Scratch additives segment with much more improved quality, used for plastic parts in high-end automotive and packaging applications. and On 8th November 2016, BASF SE had announced its plans for investment in the expansion of its production capacity for plastic additives, majorly focusing on North America, Europe, and Asia.
Influencing Market Trend
- The Demand for Better Visual Appeal and Automotive Body Aesthetics
- Growth in The Automotive Industry
- Increase in Stringent Regulations on Vehicle Safety
- Increase in The Use of Anti Scratch Additives for Polypropylene in Consumer Products
- Rising Demand by The Small and Medium-Sized Organizations
- High Cost Associated with Anti Scratch Additives Polypropylene
- Presence of Competitors
- Availability of Substitutes
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Providers of Anti Scratch additives for polypropylene, Venture Capitalists and Private Equity Firms and End-Use Industry
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