The Latin America, Middle East and Africa Low Profile Additives Market would witness market growth of 6.3% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 30.26 kilo tonnes, showcasing a growth of 6.5% (2023-2030).
LPAs play a crucial role in producing lightweight parts for vehicles, helping reduce weight while maintaining strength and durability. With the automotive industry increasingly focused on electric vehicles (EVs) and autonomous vehicles, the demand for LPAs is expected to grow as these vehicles require lightweight components.
Additionally, another important factor driving the demand for LPAs is the aerospace industry, where lightweight materials are essential for reducing fuel consumption and improving performance. LPAs are used to produce aircraft components such as panels and profiles, where their ability to improve processability and performance is highly valued.
According to the ITA, Brazil’s electronic device industry represented 43.7% of all IT-based revenue in 2023. The Brazilian devices sector generated a sum of US$21.5b in 2023, an increase of 1.1% from 2022. Thus, the rapid urban development, infrastructure growth, and thriving car and consumer electronics sectors in the LAMEA are expected to positively impact the demand for low profile additives, driving market expansion.
The Brazil market dominated the LAMEA Low Profile Additives Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $21,846.5 Thousands by 2030. The Argentina market is showcasing CAGR of 7.4% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 5.9% during (2023 - 2030).
Free Valuable Insights: The Worldwide Low Profile Additives Market is Projected to reach USD 978.9 Million by 2030, at a CAGR of 5.0%
Based on Application, the market is segmented into Shrink & Bulk Molding Compounds (SMC/BMC), Resin Transfer Molding, Pultrusion, and Others. Based on Product, the market is segmented into Polyvinyl Acetate (PVAc), Polymethyl Methacrylate (PMMA), Polystyrene (PS), Polyurethane (PU), and High-density Polyethylene (HDPE). Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Wacker Chemie AG
- INEOS Group Holdings S.A.
- BASF SE
- LyondellBasell Industries Holdings B.V.
- Ashland Inc.
- Arkema S.A.
- Evonik Industries AG (RAG-Stiftung)
- Taak Resin Co.
- AOC, LLC
- Synthomer PLC
LAMEA Low Profile Additives Market Report Segmentation
By Application (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Shrink & Bulk Molding Compounds (SMC/BMC)
- Resin Transfer Molding
- Pultrusion
- Others
By Product (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Polyvinyl Acetate (PVAc)
- Polymethyl Methacrylate (PMMA)
- Polystyrene (PS)
- Polyurethane (PU)
- High-density Polyethylene (HDPE)
By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
TABLE 1 LAMEA Low Profile Additives Market, 2019 - 2022, USD Thousands
TABLE 2 LAMEA Low Profile Additives Market, 2023 - 2030, USD Thousands
TABLE 3 LAMEA Low Profile Additives Market, 2019 - 2022, Kilo Tonnes
TABLE 4 LAMEA Low Profile Additives Market, 2023 - 2030, Kilo Tonnes
TABLE 5 LAMEA Low Profile Additives Market by Application, 2019 - 2022, USD Thousands
TABLE 6 LAMEA Low Profile Additives Market by Application, 2023 - 2030, USD Thousands
TABLE 7 LAMEA Low Profile Additives Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 8 LAMEA Low Profile Additives Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 9 LAMEA Shrink & Bulk Molding Compounds (SMC/BMC) Market by Country, 2019 - 2022, USD Thousands
TABLE 10 LAMEA Shrink & Bulk Molding Compounds (SMC/BMC) Market by Country, 2023 - 2030, USD Thousands
TABLE 11 LAMEA Shrink & Bulk Molding Compounds (SMC/BMC) Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 LAMEA Shrink & Bulk Molding Compounds (SMC/BMC) Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 LAMEA Resin Transfer Molding Market by Country, 2019 - 2022, USD Thousands
TABLE 14 LAMEA Resin Transfer Molding Market by Country, 2023 - 2030, USD Thousands
TABLE 15 LAMEA Resin Transfer Molding Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 LAMEA Resin Transfer Molding Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 LAMEA Pultrusion Market by Country, 2019 - 2022, USD Thousands
TABLE 18 LAMEA Pultrusion Market by Country, 2023 - 2030, USD Thousands
TABLE 19 LAMEA Pultrusion Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 LAMEA Pultrusion Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 LAMEA Others Market by Country, 2019 - 2022, USD Thousands
TABLE 22 LAMEA Others Market by Country, 2023 - 2030, USD Thousands
TABLE 23 LAMEA Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 LAMEA Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 LAMEA Low Profile Additives Market by Product, 2019 - 2022, USD Thousands
TABLE 26 LAMEA Low Profile Additives Market by Product, 2023 - 2030, USD Thousands
TABLE 27 LAMEA Low Profile Additives Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 28 LAMEA Low Profile Additives Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 29 LAMEA Polyvinyl Acetate (PVAc) Market by Country, 2019 - 2022, USD Thousands
TABLE 30 LAMEA Polyvinyl Acetate (PVAc) Market by Country, 2023 - 2030, USD Thousands
TABLE 31 LAMEA Polyvinyl Acetate (PVAc) Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 LAMEA Polyvinyl Acetate (PVAc) Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 LAMEA Polymethyl Methacrylate (PMMA) Market by Country, 2019 - 2022, USD Thousands
TABLE 34 LAMEA Polymethyl Methacrylate (PMMA) Market by Country, 2023 - 2030, USD Thousands
TABLE 35 LAMEA Polymethyl Methacrylate (PMMA) Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 LAMEA Polymethyl Methacrylate (PMMA) Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 LAMEA Polystyrene (PS) Market by Country, 2019 - 2022, USD Thousands
TABLE 38 LAMEA Polystyrene (PS) Market by Country, 2023 - 2030, USD Thousands
TABLE 39 LAMEA Polystyrene (PS) Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 LAMEA Polystyrene (PS) Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 LAMEA Polyurethane (PU) Market by Country, 2019 - 2022, USD Thousands
TABLE 42 LAMEA Polyurethane (PU) Market by Country, 2023 - 2030, USD Thousands
TABLE 43 LAMEA Polyurethane (PU) Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 LAMEA Polyurethane (PU) Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 LAMEA High-density Polyethylene (HDPE) Market by Country, 2019 - 2022, USD Thousands
TABLE 46 LAMEA High-density Polyethylene (HDPE) Market by Country, 2023 - 2030, USD Thousands
TABLE 47 LAMEA High-density Polyethylene (HDPE) Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 LAMEA High-density Polyethylene (HDPE) Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 LAMEA Low Profile Additives Market by Country, 2019 - 2022, USD Thousands
TABLE 50 LAMEA Low Profile Additives Market by Country, 2023 - 2030, USD Thousands
TABLE 51 LAMEA Low Profile Additives Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 LAMEA Low Profile Additives Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 Brazil Low Profile Additives Market, 2019 - 2022, USD Thousands
TABLE 54 Brazil Low Profile Additives Market, 2023 - 2030, USD Thousands
TABLE 55 Brazil Low Profile Additives Market, 2019 - 2022, Kilo Tonnes
TABLE 56 Brazil Low Profile Additives Market, 2023 - 2030, Kilo Tonnes
TABLE 57 Brazil Low Profile Additives Market by Application, 2019 - 2022, USD Thousands
TABLE 58 Brazil Low Profile Additives Market by Application, 2023 - 2030, USD Thousands
TABLE 59 Brazil Low Profile Additives Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 60 Brazil Low Profile Additives Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 61 Brazil Low Profile Additives Market by Product, 2019 - 2022, USD Thousands
TABLE 62 Brazil Low Profile Additives Market by Product, 2023 - 2030, USD Thousands
TABLE 63 Brazil Low Profile Additives Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 64 Brazil Low Profile Additives Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 65 Argentina Low Profile Additives Market, 2019 - 2022, USD Thousands
TABLE 66 Argentina Low Profile Additives Market, 2023 - 2030, USD Thousands
TABLE 67 Argentina Low Profile Additives Market, 2019 - 2022, Kilo Tonnes
TABLE 68 Argentina Low Profile Additives Market, 2023 - 2030, Kilo Tonnes
TABLE 69 Argentina Low Profile Additives Market by Application, 2019 - 2022, USD Thousands
TABLE 70 Argentina Low Profile Additives Market by Application, 2023 - 2030, USD Thousands
TABLE 71 Argentina Low Profile Additives Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 72 Argentina Low Profile Additives Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 73 Argentina Low Profile Additives Market by Product, 2019 - 2022, USD Thousands
TABLE 74 Argentina Low Profile Additives Market by Product, 2023 - 2030, USD Thousands
TABLE 75 Argentina Low Profile Additives Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 76 Argentina Low Profile Additives Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 77 UAE Low Profile Additives Market, 2019 - 2022, USD Thousands
TABLE 78 UAE Low Profile Additives Market, 2023 - 2030, USD Thousands
TABLE 79 UAE Low Profile Additives Market, 2019 - 2022, Kilo Tonnes
TABLE 80 UAE Low Profile Additives Market, 2023 - 2030, Kilo Tonnes
TABLE 81 UAE Low Profile Additives Market by Application, 2019 - 2022, USD Thousands
TABLE 82 UAE Low Profile Additives Market by Application, 2023 - 2030, USD Thousands
TABLE 83 UAE Low Profile Additives Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 84 UAE Low Profile Additives Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 85 UAE Low Profile Additives Market by Product, 2019 - 2022, USD Thousands
TABLE 86 UAE Low Profile Additives Market by Product, 2023 - 2030, USD Thousands
TABLE 87 UAE Low Profile Additives Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 88 UAE Low Profile Additives Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 89 Saudi Arabia Low Profile Additives Market, 2019 - 2022, USD Thousands
TABLE 90 Saudi Arabia Low Profile Additives Market, 2023 - 2030, USD Thousands
TABLE 91 Saudi Arabia Low Profile Additives Market, 2019 - 2022, Kilo Tonnes
TABLE 92 Saudi Arabia Low Profile Additives Market, 2023 - 2030, Kilo Tonnes
TABLE 93 Saudi Arabia Low Profile Additives Market by Application, 2019 - 2022, USD Thousands
TABLE 94 Saudi Arabia Low Profile Additives Market by Application, 2023 - 2030, USD Thousands
TABLE 95 Saudi Arabia Low Profile Additives Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 96 Saudi Arabia Low Profile Additives Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 97 Saudi Arabia Low Profile Additives Market by Product, 2019 - 2022, USD Thousands
TABLE 98 Saudi Arabia Low Profile Additives Market by Product, 2023 - 2030, USD Thousands
TABLE 99 Saudi Arabia Low Profile Additives Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 100 Saudi Arabia Low Profile Additives Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 101 South Africa Low Profile Additives Market, 2019 - 2022, USD Thousands
TABLE 102 South Africa Low Profile Additives Market, 2023 - 2030, USD Thousands
TABLE 103 South Africa Low Profile Additives Market, 2019 - 2022, Kilo Tonnes
TABLE 104 South Africa Low Profile Additives Market, 2023 - 2030, Kilo Tonnes
TABLE 105 South Africa Low Profile Additives Market by Application, 2019 - 2022, USD Thousands
TABLE 106 South Africa Low Profile Additives Market by Application, 2023 - 2030, USD Thousands
TABLE 107 South Africa Low Profile Additives Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 108 South Africa Low Profile Additives Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 109 South Africa Low Profile Additives Market by Product, 2019 - 2022, USD Thousands
TABLE 110 South Africa Low Profile Additives Market by Product, 2023 - 2030, USD Thousands
TABLE 111 South Africa Low Profile Additives Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 112 South Africa Low Profile Additives Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 113 Nigeria Low Profile Additives Market, 2019 - 2022, USD Thousands
TABLE 114 Nigeria Low Profile Additives Market, 2023 - 2030, USD Thousands
TABLE 115 Nigeria Low Profile Additives Market, 2019 - 2022, Kilo Tonnes
TABLE 116 Nigeria Low Profile Additives Market, 2023 - 2030, Kilo Tonnes
TABLE 117 Nigeria Low Profile Additives Market by Application, 2019 - 2022, USD Thousands
TABLE 118 Nigeria Low Profile Additives Market by Application, 2023 - 2030, USD Thousands
TABLE 119 Nigeria Low Profile Additives Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 120 Nigeria Low Profile Additives Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 121 Nigeria Low Profile Additives Market by Product, 2019 - 2022, USD Thousands
TABLE 122 Nigeria Low Profile Additives Market by Product, 2023 - 2030, USD Thousands
TABLE 123 Nigeria Low Profile Additives Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 124 Nigeria Low Profile Additives Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 125 Rest of LAMEA Low Profile Additives Market, 2019 - 2022, USD Thousands
TABLE 126 Rest of LAMEA Low Profile Additives Market, 2023 - 2030, USD Thousands
TABLE 127 Rest of LAMEA Low Profile Additives Market, 2019 - 2022, Kilo Tonnes
TABLE 128 Rest of LAMEA Low Profile Additives Market, 2023 - 2030, Kilo Tonnes
TABLE 129 Rest of LAMEA Low Profile Additives Market by Application, 2019 - 2022, USD Thousands
TABLE 130 Rest of LAMEA Low Profile Additives Market by Application, 2023 - 2030, USD Thousands
TABLE 131 Rest of LAMEA Low Profile Additives Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 132 Rest of LAMEA Low Profile Additives Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 133 Rest of LAMEA Low Profile Additives Market by Product, 2019 - 2022, USD Thousands
TABLE 134 Rest of LAMEA Low Profile Additives Market by Product, 2023 - 2030, USD Thousands
TABLE 135 Rest of LAMEA Low Profile Additives Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 136 Rest of LAMEA Low Profile Additives Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 137 Key Information – Wacker Chemie AG
TABLE 138 Key Information – INEOS Group Holdings S.A.
TABLE 139 Key Information – BASF SE
TABLE 140 Key Information – LyondellBasell Industries Holdings B.V.
TABLE 141 Key Information – Ashland Inc.
TABLE 142 Key information – Arkema S.A.
TABLE 143 Key Information – Evonik Industries AG
TABLE 144 Key Information – Taak Resin Co.
TABLE 145 Key Information – AOC, LLC
TABLE 146 Key Information – Synthomer PLC
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Low Profile Additives Market, 2019 - 2030, USD Thousands
FIG 3 Key Factors Impacting Low Profile Additives Market
FIG 4 Porter’s Five Forces Analysis – Low Profile Additives Market
FIG 5 LAMEA Low Profile Additives Market share by Application, 2022
FIG 6 LAMEA Low Profile Additives Market share by Application, 2030
FIG 7 LAMEA Low Profile Additives Market by Application, 2019 - 2030, USD Thousands
FIG 8 LAMEA Low Profile Additives Market share by Product, 2022
FIG 9 LAMEA Low Profile Additives Market share by Product, 2030
FIG 10 LAMEA Low Profile Additives Market by Product, 2019 - 2030, USD Thousands
FIG 11 LAMEA Low Profile Additives Market share by Country, 2022
FIG 12 LAMEA Low Profile Additives Market share by Country, 2030
FIG 13 LAMEA Low Profile Additives Market by Country, 2019 - 2030, USD Thousands
FIG 14 Swot Analysis: Wacker Chemie AG
FIG 15 SWOT Analysis: INEOS GROUP HOLDINGS S.A.
FIG 16 SWOT Analysis: BASF SE
FIG 17 SWOT Analysis: LyondellBasell Industries Holdings B.V.
FIG 18 Swot Analysis: Ashland Inc.
FIG 19 SWOT Analysis: Arkema S.A.
FIG 20 SWOT Analysis: Evonik Industries AG
FIG 21 SWOT Analysis: Taak Resin Co.
FIG 22 SWOT Analysis: AOC, LLC
FIG 23 SWOT Analysis: Synthomer PLC