Acrylic Processing Aid Market was valued at USD 642.5 million in 2020 and is expected to grow at a CAGR of 6% between 2021 and 2027. Acrylic processing aid is widely used in plastics for PVC applications in building &construction and automotive industry. Use acrylic plastic for processing PVC floors, windows, pipes, car interiors and facades to attract customers due to its excellent transparency, surface quality, glossy effect and cost effectiveness. Acrylic processing aids are mainly used in order to increase the flow of plastic materials to reduce sharkiness on the skin during the effect of extrusion, strengthen processability. For acrylic processing aids from plastics gain momentum in important end-use such as corporate packaging, buildings and construction, automobiles, consumer products, and others. Along with the growth of these industries, demand for APA is also expected to increase in the future.
The COVID-19 epidemic has had an immediate impact on the global economy, and its impact spans all industries, including mining. Some delays caused an emergency related to the COVID-19 epidemic due to the development and impact of the market acrylic processing aids in the underground. With COVID-19 as one of the hardest hit in the construction industry, it is already dealing with the liquidity crisis as a result of the flight of financial institutions and the impact on the financial sector can be traced. Demand for polyvinyl chloride (PVC), used in pipes, walls, windows, doors or affected by stagnation in construction. According to the US Census Bureau, housing starts fell 19% in April compared with the previous year. During the same time span, PVC consumption decreased by 25%. Due to lack of funds, many projects remained unfinished. Because of shifting buyer preferences, those completed remained unsold.
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Top Major Key Players Industries
LG Chem Ltd. (Korea)
Kaneka Corporation (Japan)
Arkema SA (France)
The Dow Chemical Company (U.S.)
Mitsubishi Rayon Co. Ltd. (Japan)
3M Company (U.S.)
BASF SE (Germany)
Shandong Ruifeng Chemical Co. Ltd (China)
Akdeniz Kimya A.S. (Turkey)
Shandong Rike Chemicals Co. Ltd. (China)
By Application
Extrusion
Injection Molding
Others
By End-Use
Building & Construction
Packaging
Automotive
Consumer Goods
Others
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Scope of the Report
The research study analyzes the global Warehousing Logistics Robots industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size andor Volume
o Latin America Market Size andor Volume
o Europe Market Size andor Volume
o Asia-Pacific Market Size andor Volume
o Rest of the world Market Size andor Volume
Key Questions Answered by Warehousing Logistics Robots Market Report
What was the Warehousing Logistics Robots Market size in 2018 and 2021; what are the estimated growth trends and market forecast (2021-2027).
What will be the CAGR of Warehousing Logistics Robots Market during the forecast period (2021-2027)
Which segments (product type or applications or end-user) were most attractive for investments in 2018 How these segments are expected to grow during the forecast period (2021-2027).
Which manufacturer vendor or players in the Warehousing Logistics Robots Market was the market leader in 2018
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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