According to a new market report published by Lucintel, the future of the processing aid market looks promising with opportunities in the food and plastics industries, and in the pharmaceutical and chemical markets. The global processing aid market is expected to grow with a CAGR of 5% from 2021 to 2026. The major drivers for this market are growth in food processing, polymer, and pharmaceutical applications.
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Asia Pacific will remain the largest region the forecast period due to growing urbanization and rising purchasing power of consumers.
BASF, Clariant International, Novozymes, Other prominent vendors, Air Products and Chemicals, Akzo Nobel, Ashland, Dow, Dupont, Evonik, Huntsman, Kao, Solvay, and Stepan are among the major processing aid manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global processing aid market by application and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Processing Aid Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global processing aid market by application and region as follows:
By Application [Kilotons and $M shipment analysis for 2015 – 2026]:
Food Industry
Plastics Industry
Pharmaceuticals
Chemicals
Others
By Region [Kilotons and $M shipment analysis for 2015 – 2026]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.