Global Low Profile Additives Market is predicted to reach USD 1.2 billion at a CAGR of 11.8% during the forecast period:

Pune, India, September 2023 /press release/- Market Research Future Published a Half Cooked Research Report on Global Low Profile Additives Market Research Report.

Market Research Future (MRFR) has published a cooked research report on the “Global Low Profile Additives Market” that contains information from 2023 to 2030. The Global Low Profile Additives Market is estimated to register a CAGR of 11.8% during the forecast period of 2023 to 2030.

MRFR recognizes the following companies as the key players in the Global Low Profile Additives Market— PolyOne Corporation, Ashland, CCP Composites, Wacker Chemie AG, LyondellBasell Industries Holdings B.V., Momentive, FRP Services & Company, Reichhold LLC, Command Chemical Corporation, Changzhou Huarun Composite Materials Co., Arkema, and Swancor Ind. Co., Ltd.

Market Highlights

Global Low Profile Additives Market is accounted to register a CAGR of 11.8% during the forecast period and is estimated to reach USD 1.2 Billion by 2030.

Low Profile Additives (LPAs) are specialized chemical agents added to composite materials, such as thermosetting resins (unsaturated polyester or epoxy), to enhance the manufacturing and performance characteristics of the composite. LPAs are used to minimize shrinkage and improve surface smoothness during the curing process, resulting in reduced surface defects and improved dimensional stability. They work by lowering the resin's viscosity, which helps to disperse the fibers more evenly and reduces the formation of voids and microcracks. Low Profile Additives are commonly used in various industries, including automotive, aerospace, marine, and construction, to produce high-quality, lightweight, and strong composite materials.

Segment Analysis

The Global Low Profile Additives Market has been segmented based on Type, Application.

Based on Type, the market is segmented into Polyvinyl Acetate (PVA), Polystyrene, Polymethyl methacrylate (PMMA), and Others. The Polyvinyl Acetate (PVA) category dominates the Low Profile Additives market/ As it is used as an adhesive, whereas Low Profile Additives are specific chemical agents used to enhance composite materials' properties and performance during their manufacturing process.

Based on Application, the market is segmented into MC/BMC, Resin Transfer Molding (RTM), Pultrusion, and Others. The MC/BMC category dominates the Low Profile Additives market due to its widespread use in the production of molded composite materials for various industries.

Regional Analysis

The Global Low Profile Additives Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Low Profile Additives Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Low Profile Additives Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Global Low Profile Additives Market comprises of Middle East, Africa, and Latin America.

In 2022, Asia Pacific dominated the market with over 48.0% revenue share, followed by Europe and North America. The region is expected to maintain a significant market share during the forecast period, driven by the growing demand for Sheet Molding Compound (SMC) and Bulk Molding Compound (BMC) composite solutions. These materials are favored for their exceptional properties, including high strength and stiffness, reduced weight, low emissions, superior electrical performance, and high thermal resistance.

The European automotive industry holds a crucial position in the region's economy and contributes to 25.0% of the continent's overall greenhouse gas emissions. To address this, the RECOTRANS project, supported by the European Union, aims to develop advanced methods for producing lightweight materials and fuel-efficient vehicles in the transportation sector. Such regional initiatives are expected to spur demand for polymer composites and consequently drive the use of low-profile additives in the market.

Key Findings of the Study

• The Global Low Profile Additives Market is expected to reach USD 1.2 Billion by 2030, at a CAGR of 11.8% during the forecast period.


• In 2022, Asia Pacific emerged as the leading regional segment, commanding a market share of over 48.0% in terms of revenue, followed by Europe and North America. The region is expected to maintain its significant market share throughout the forecast period, driven by the rising demand for Sheet Molding Compound (SMC) and Bulk Molding Compound (BMC) composite solutions.


• Based on the Application, the Market has been segmented into MC/BMC holding the largest market in 2023.


• PolyOne Corporation, Ashland, CCP Composites, Wacker Chemie AG, LyondellBasell Industries Holdings B.V., Momentive, FRP Services & Company, Reichhold LLC, Command Chemical Corporation, Changzhou Huarun Composite Materials Co., Arkema, and Swancor Ind. Co., Ltd.

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