Global Acrylic Processing Aid Market Analysis Global Growth, Trends & Forecast to 2036

Global Acrylic Processing Aid Market is valued at approximately USD 78.6 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 24.70% over the forecast period 2026-2036. Acrylic processing aids are used to improve the performance of polymer compounds, especially polyvinyl chloride (PVC), for extrusion or injection molding. PVC has superior electrical, mechanical, chemical resistance, abrasion resistance, amongst other properties in comparison to conventional materials such as glass, paper, metals, and ceramic. Acrylic processing aid is extensively used in plastics for PVC applications in the construction and automotive industries. Constant innovation and the necessity for lighter material in numerous applications are promoting to substitute these conventional materials by plastic. The companies use acrylic processing aid during the manufacture process of PVC because it offers increased production output, faster fusion, improved melt strength and elasticity. Acrylic processing aid is widely used owing to its cost-efficiency and properties for delivering good quality products. According to plasticisers.org, PVC is well suited for recycling. The European PVC industry is building a long-term sustainability framework for the entire PVC value chain through an initiative by VinylPlus. It works for an efficient use of PVC during its entire life cycle. Further, by 2030, VinylPlus has pledged to recycle a minimum of 1 million tonnes per year. Furthermore, key players of the plastic industry are working on the advancements in quality of PVC to boost their growth in the market. For Instance: In October 2020, Molecor expanded its Oriented PVC Pipes range by the launch of DN1000 mm diameter TOM