Growing demand for low-shrinkage and surface-finished plastic products is likely to drive the market to expand at a 7.3% CAGR during the forecast period. The Global Low Profile Additives (LPA) Market size is estimated to reach USD 1.71 billion by 2025, according to a new report by Grand View Research, Inc. Demand for low profile additives is anticipated to witness significant growth over the coming years on account of an expanding automotive industry in Asia Pacific and North America.Increasing application of polyvinyl acetate (PVA) low profile additives in headlamp reflectors, lighting systems, and under the hood components is likely to drive market growth. On the down side, fluctuation in raw material prices is expected to hinder the growth of the market over the forecast period. Any increase in raw material prices could result in a surge in cost of production, thereby affecting LPA prices. Most companies actively participating in the market have extensive production cap