LOW PROFILE ADDITIVES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)
Low Profile Additives Market, By Product (Polyvinyl Acetate, Polymethyl Methacrylate, Polystyrene, Polyurethane, High-density Polyethylene), By Function (Anti-shrinkage, Pigmentation), By Application (Shrink & Bulk Molding Compounds, Pultrusion, Resin Transfer Molding, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
In August 2023, an alliance was forged between Dublin City Council and INEOS Composites, renowned for crafting an array of unsaturated polyester and vinyl ester resins, gel coats, as well as low-profile additives essential for the plastics sector. Dublin City Council Culture Company is an organization that focuses on cultural initiatives and buildings in Dublin, aiming to connect artists, groups, and communities with libraries, museums, and creative spaces across the city. INEOS Composites, a part of INEOS Enterprises, is a global leader in the manufacture and sale of unsaturated polyester resins, vinyl ester resins, gelcoats, and low-profile additives for the plastics industry. The company's materials are utilized in various global markets, including building materials, corrosion-resistant FRP, recreation, transportation, and wind energy.
In July 2023, INEOS AG unveiled its strategic initiative to streamline its operations within North America. This involved consolidating several of its North American corporate divisions into a singular hub situated in Ohio, thereby enhancing collaborative efforts and operational efficiency.